Notes and Study material for Exams
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 to encourage modernisation, Stress has been laid … Read more
Make in India: Transforming India into a Global Manufacturing Powerhouse Introduction India, with its vast population, burgeoning middle class, and a rapidly growing economy, is poised to become a global manufacturing powerhouse. The “Make in India” initiative, launched in 2014, is a comprehensive program aimed at attracting foreign investment, promoting domestic manufacturing, and creating jobs. … Read more
Make in India: A Journey Towards Manufacturing Powerhouse Introduction: The “Make in India” initiative, launched in 2014, is a flagship program of the Indian government aimed at transforming India into a global manufacturing hub. This ambitious program seeks to attract foreign investment, boost domestic production, create jobs, and enhance India’s economic competitiveness. The initiative has … Read more
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
Make-in India – Start- up and Stand-up programmes Make-in India Make in India is the government’s flagship campaign intended to boost the domestic manufacturing Industry and attract foreign investors to invest into the Indian economy. The Indian Prime Minister, Mr. Narendra Modi first mentioned the keyphrase in his maiden Independence Day address from the ramparts … Read more
Acid An acid is a substance which forms H+ ions as the only positive ion in aqueous solution. Examples:- Hydrochloric acid dissolved in water forms H+ and Cl– ions HCl —> H+ + Cl– Sulphuric acid dissolved in water forms H+ and SO42- ions H2SO4 —>2H+ + SO42- Nitric acid forms H+ and NO3– ions when dissolved in water HNO3 —> H+ + NO3– … Read more
ZED Scheme: Transforming MSMEs into Manufacturing Champions The Indian manufacturing sector, the backbone of the nation’s economy, is undergoing a significant transformation. At the heart of this change lies a crucial initiative – the Zero Defect Zero Effect (ZED) Scheme. Launched by the Ministry of Micro, Small and Medium Enterprises (MSME) in 2015, the ZED … Read more
The Backbone of Economies: Exploring the Core Industries Core industries, often referred to as “basic industries” or “key industries,” play a pivotal role in shaping the economic landscape of nations. These industries are characterized by their significant contribution to a country’s GDP, employment, and overall economic growth. They serve as the foundation upon which other … Read more
Manufacturing policy of India The Government of India has announced a National Manufacturing Policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. The INFRASTRUCTURE; land use on the basis of zoning; clean and energy efficient technology; necessary social infrastructure; Skill development facilities … Read more
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