Notes and Study material for Exams
Industrial Growth and Structure – Public, Private and Joint Sectors Division of the economy between Public Sector and Private Sector: The present economic structure of Indian economy is known as Mixed Economy, where there is a coexistence of both the public sector and the private sector. All the different types of industries are … Read more
IMPACT OF NEW ECONOMIC POLICY India’s post-independence development strategy showed all the signs of stagnation, but the economy started showing the sign of recovery in the early nineties when the government adopted the new economic model known as INFRASTRUCTURE, into a modern developed economy. New Economic Policy 1991 India opened up the economy … Read more
Planning and Foreign Trade Foreign Trade is the important factor in Economic Development in any nation. Foreign trade in India comprises of all imports and exports to and from India. The Ministry of Commerce and Industry at the level of Central Government has responsibility to manage such operations. The domestic production reveals on … Read more
Question:Brach of Economics which examines the economic behaviour of Individual actors is >>>Macroeconomics >>>Microeconomics >>>Mesoeconomics >>>Metaeconomics >>>option2 Question:Brach of Economics which studies the intermediate level of economic organizations is >>>Macroeconomics >>>Microeconomics >>>Mesoeconomics >>>Metaeconomics >>>option3 Question:Study of POVERTY and Inflation is the scope of >>>Macroeconomics >>>Microeconomics >>>Mesoeconomics >>>Metaeconomics >>>option1 Question:Keynesian macronimics suggests the following policies >>>contraction … Read more
Availability of Skilled Human Resources in India Skilling the youth is the new buzzword in the government, and all the experts agree that it clearly needs a more skilled approach to implement what has been drawn up in a policy paper. It was roughly a year ago the government rejigged the UPA’s Skill India policy … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> Social determinants of Economic Development and impact of economic consequences remain subject of discussion among the sociologists. In the beginning development was defined solely in terms of economic perspectives. It is looked at as a process whereby there is a steady increase in the level of … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its Economic Development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses … Read more
The thrust of the Scientific Policy Resolution, 1958 was on capacity-building in advancement of science as the foundation for making a strong nation, which had just freed itself from the shackles of colonial domination . The focus of the Technology Policy Statement, 1983 was attainment of technological self-reliance and building of national strength by reducing … Read more
Steps taken by the Government to reduce it. Regional imbalance is the disparity in economic and social development of two regions. One region/city/area is stronger than another region/city/area. Regions develop when investments are made to set up industries, service sectors, educational institutions, Health care facilities etc. Income inequality is the unequal distribution of household or individual income across the various participants … Read more
Economic Reforms In India New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its Economic Development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order … Read more