Essential Commodities Act (ECA), 1955

The Essential Commodities Act, 1955: A Balancing Act Between Supply and Security The Essential Commodities Act, 1955 (ECA) is a cornerstone of India’s economic policy, aimed at ensuring the availability of essential goods and services to the public at fair prices. This legislation has played a crucial role in stabilizing the market, preventing hoarding and … Read more

Mega Food Parks

Mega Food Parks: A Catalyst for Growth in India’s Agricultural Sector India, with its vast agricultural land and diverse agro-climatic zones, holds immense potential for food production and processing. However, the sector faces numerous challenges, including fragmented landholdings, inefficient supply chains, and limited access to modern technology. To address these issues and unlock the full … Read more

Supply Chain Management

Mastering the Art of Supply Chain Management: A Comprehensive Guide The modern business landscape is characterized by increasing complexity and interconnectedness. Businesses operate in a globalized environment, facing volatile market conditions, fluctuating demand, and ever-evolving customer expectations. In this dynamic context, supply chain management (SCM) emerges as a critical differentiator, enabling organizations to navigate challenges, … Read more

Regional Comprehensive Partnership Agreement (RCEP)

The Regional Comprehensive Economic Partnership (RCEP) is a Free Trade Agreement between the 10 member states of the Association of Southeast Asian Nations (ASEAN) and 6 other countries in the Asia-Pacific region: Australia, China, India, Japan, New Zealand, and South Korea. The agreement was signed on November 15, 2020, and is expected to enter into … Read more

Logistics

Here is a list of subtopics under logistics: Air freight Air transportation Automated guided vehicles Barcodes Bill of lading Break bulk Bulk cargo Cargo handling Carrier selection Containerization Customs clearance Distribution center Drayage Electronic data interchange Freight forwarder Inventory management Just-in-time manufacturing Logistics management Materials handling Order fulfillment Packaging Palletization Port operations Procurement Railroad transportation … Read more

Types of Planning

Here is a list of types of planning without any description: Strategic planning Operational planning Tactical planning Functional planning Project planning Business planning Marketing planning Financial planning Human resources planning Production planning Supply chain planning Inventory planning Quality planning Risk management planning Crisis management planning Disaster recovery planning Continuity planning Environmental planning Social planning Economic … Read more

Skewflation

Skewflation: The New Inflationary Beast The global economy is grappling with a complex and evolving inflationary landscape. While headline inflation rates may be moderating in some regions, the underlying dynamics are far from benign. A new term has emerged to capture this nuanced reality: skewflation. This article delves into the concept of skewflation, its drivers, … Read more

Core Inflation

Unpacking Core Inflation: A Deeper Dive into the Sticky Price Puzzle The term “inflation” is a familiar one, often associated with rising prices and a shrinking purchasing power. But within this broad concept lies a nuanced distinction: core inflation. This metric, often presented alongside headline inflation, provides a more refined picture of price pressures within … Read more

Bottleneck Inflation

Bottleneck Inflation: A Deep Dive into Supply Chain Constraints and Price Hikes The global economy has been grappling with a surge in inflation since the onset of the COVID-19 pandemic. While various factors contribute to this phenomenon, one particularly impactful driver is bottleneck inflation. This article delves into the intricacies of bottleneck inflation, exploring its … Read more