Notes and Study material for Exams
Trade is known as the exchange of commodities and Services. Prosperity of a State/Nation depends on the Balance of Trade. Trade play an important role in the development of the state and is dependent on several factors such as:- Means of Communication Education and Literacy level in the Society Transport Network Surplus Production Diversity … Read more
Advance INFRASTRUCTURE-in-rural-areas/”>Infrastructure in Rural Areas Good quality infrastructure is critical to sustainable Growth, especially for rural areas. As over 60 per cent of the Population lives in rural areas, with low levels of per capital income, there is need to impart greater attention in improving rural infrastructure. Currently the rural infrastructure is inadequate … Read more
Facing Global Competition Globalisation means gradual integration of economies through free movement of goods, Services and capital which has significant impact on the economies of both developed and developing countries. Globalisation refers to a process of growing economic interdependence among different countries of the world. Thus, in the globalised era, the whole world is changing … Read more
Indian economy has come a long way since independence. From socialist pattern to liberalised era it , from being agrarian to service oriented economy it has seen many ups and downs. The basic features of Indian economy are enumerated as follows: India is a developing economy with low per capita income. Current Per capita income … Read more
Development Experience and Development Planning of India POVERTY, low per capita income, under-development, Unemployment, prompted the newly established Indian Polity to adopt economic planning for the development of the country. The idea of economic planning can be traced to 1934, when M. Visvesverayya in his book ‘Planned economy of India’, advocated for planning to increase … Read more
Delving into the Difference: Delhi vs. New Delhi The names Delhi and New Delhi are often used interchangeably, leading to confusion for many. While they are closely intertwined, they are distinct entities with unique histories, administrative structures, and geographical boundaries. This article aims to shed light on the key differences between these two important locations … Read more
Andhra pradesh after bifurcation Andhra Pradesh state bifurcation into two separate states –Telangana and Andhra Pradesh – was done on 1st June, 2014 according to the AP Reorganisation Act, 2014. Hyderabad city which was the capital of the undivided Andhra Pradesh state went to Telangana in view of the geographic location. As per section 5(1) … Read more
[su_heading size=”21″]Types of Industries[/su_heading] Based on the value addition and tangibility broadly we can have three types of industries – primary industries,secondary industries and tertiary industries. Primary industries are usually very simple industries involving processing of raw materials to give input goods for secondary industries. Here value addition is usually minimal and they are … Read more
A Nation in Progress: Evaluating the Achievements of India’s Five-Year Plans (1947-1965) India’s journey towards independence in 1947 was a momentous occasion, but it also marked the beginning of a new challenge: building a modern, prosperous nation from the ashes of colonialism. The newly formed government, under the leadership of Jawaharlal Nehru, adopted a strategy … Read more
Land Acquisition and Rehabilitation in India India is an agrarian economy with more than half of the Population living in rural areas and depending on agriculture for their income. However, since the economic INFRASTRUCTURE Sector as it is one of the key drivers responsible for India’s propelling economic Growth. Infrastructure Development in India has been … Read more