Industrial Economy

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

PERFORMANCE & EFFICIENCY AUDITING

 PERFORMANCE AUDIT     Meaning   An independent examination of the efficiency and effectiveness of government undertakings, programs or organisations, with due regard to economy, and the aim of leading to improvements”.   Performance audit is simply an audit of Sound financial management, namely of the economy, efficiency and effectiveness with which audited … Read more

Morale and Productivity

Morale and Productivity of an Employee are higly interdependent. Morale is the most important Psychological state of mind of a person which is expressed as selfconfidence, loyalty toward an organization and/or enthusiasm. Morale of an employee determines the behavior either positively or negatively in an organization. Morale is directly related to employee motivation level and … Read more

Gross Value Added (GVA)

Gross Value Added: A Comprehensive Guide to Understanding Economic Performance Gross Value Added (GVA) is a crucial economic indicator that measures the value of goods and services produced within a specific geographical area, industry, or sector. It represents the contribution of each economic activity to the overall economy, providing a more nuanced understanding of economic … Read more

Overview of Agriculture Sector in India

Overview of Agriculture Sector in India: A Vital Backbone Facing Challenges Agriculture, the backbone of the Indian economy, plays a pivotal role in the lives of millions of Indians. It provides sustenance, employment, and contributes significantly to the national GDP. This article delves into the multifaceted landscape of Indian agriculture, exploring its historical significance, current … Read more

Capital formation in agriculture

Agricultural credit provided directly to farmers, called direct finance to farmer for agriculture, is either short-term or long-term. While short-term credit enables cultivators to procure inputs such as fertiliser and seeds needed for agricultural operations, long-term credit is meant for Investment in fixed assets such as Irrigation pumps, tractors, agricultural machinery and so on, thus … Read more

Work culture

Work culture An organization is formed to achieve certain goals and objectives by bringing individuals together on a common platform and motivating them to deliver their level best. It is essential for the employees to enjoy at the workplace for them to develop a sense of loyalty towards it. Work culture plays an important role … Read more

Demographic dividend is a potential and not destiny. In this context discuss the Advantage of demographic dividend.

India, however, seems to be in a demographic sweet spot with its working-age Population projected to grow by a third over the same period.India’s demographic cycle is about 10-30 years behind that of the other countries, indicating that the next few decades present an opportunity for India to catch up to their per capita income … Read more

Industrial Growth And Structure

 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