Structural Changes In The Indian Economy

–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> Change in composition of domestic product or change in NATIONAL INCOME by Industry of origin refers to change in relative significance (share) of different sectors of the economy. Generally, an economy is divided into three major sectors viz. primary, secondary and tertiary sectors. Primary Sector includes … Read more

Sectoral Composition With Respect To Contribution To Gross Domestic Product

–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> (GDP) and EMPLOYMENT Historically, India has classified and tracked its economy and GDP in three sectors: agriculture, Industry and Services. Agriculture includes crops, INFRASTRUCTURE operations, Education, Health care, Banking and insurance, and many other economic activities. Agriculture India ranks second worldwide in farm output. Agriculture and … Read more

Westernisation And Modernization

–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> vs Traditionalism  Westernisation The role of Westernisation has been very significant in understanding the socio-cultural changes of modern India. British rule produced radical and lasting changes in the Secularism etc. The term Modernisation involved a transformation of social, political and economic organisation. As aconcept it is … Read more

Impact of Liberalization, Privatization and Globalization on Governance

INFRASTRUCTURE by the Indian and foreign investors have generated great employment opportunities for the professionals, and skilled and unskilled workers. 5. Development of Infrastructure: Prior to the liberalisation, the infrastructure (roads and electricity) were in a bad shape affecting the industrial growth and Economic Development of the country adversely. Heavy investment in infrastructure has improved the … Read more

International Affair and Indian Foreign Policy.- for RAS RTS Mains exam of rpsc

India’s Foreign Policy is fundamentally based on the principles of peaceful co-existence, friendship and co-operation among all the countries of the world irrespective of their political systems. The foreign policy is aimed at promoting international peace and security and maintaining good and friendly relations with all the countries of the world. India, which was a … Read more

New economic Reforms-Liberalization, Privatization and Globalization, rationale and need for reforms

INFRASTRUCTURE of the country. DISADVANTAGES OF PRIVATIZATION Privatization in spite of the numerous benefits it provides to the state owned enterprises, there is the other side to it as well. Here are the prominent disadvantages of privatization: • Private sector focuses more on profit maximization and less on social objectives unlike public sector that initiates socially viable adjustments in case of … Read more

Globalization of Indian economy ; its positive and negative impacts on different sectors, issues of FDI and FII in India.

INFRASTRUCTURE) that are badly needed for economic development. Foreign investment meets the gap in management, Entrepreneurship, technology and skill. These can be transferred to the host country through suitable training programmes and the processes. Further foreign companies bring with them sophisticated technological knowledge about production processes while transferring modern machinery equipment to the capital-poor developing … Read more

Imperialism and colonialism in Asia and Africa

Imperialism is a state policy, practice, or advocacy of extending power and dominion, especially by direct territorial acquisition or by gaining political and economic control of other areas. Because it always involves the use of power, whether military force or some subtler form, imperialism has often been considered morally reprehensible, and the term is frequently … Read more

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