Trade

Charter Act of 1793

The Charter Act of 1793: A Turning Point in British India The Charter Act of 1793, formally known as “An Act for the better regulation of the East India Company,” marked a significant turning point in the history of British rule in India. This legislation, passed by the British Parliament, aimed to address the growing … Read more

Workers and Tribal movements

Workers, Peasant And Tribal Movements In British India Indigo Revolt (1859-60) The Indigo revolt of Bengal was directed against British planters who forced peasants to take advances and sign fraudulent contracts which forced the peasants to grow Indigo under terms which were the least profitable to them.  The revolt began in Govindpur village in Nadia … Read more

Model APMC Act 2017

The Model APMC Act, 2017: A Catalyst for Agricultural Transformation? The Indian agricultural sector, the backbone of the nation’s economy, has been grappling with various challenges, including low productivity, limited market access, and inadequate infrastructure. Recognizing the need for a comprehensive reform, the Ministry of Agriculture and Farmers Welfare introduced the Model Agricultural Produce and … Read more

IMPACT OF NEW ECONOMIC POLICY

IMPACT OF NEW ECONOMIC POLICY India’s post-independence development strategy showed all the signs of stagnation, but the economy started showing the sign of recovery in the early nineties when the government adopted the new economic model known as INFRASTRUCTURE, into a modern developed economy. New Economic Policy 1991 India opened up the economy in the … Read more

Agricultural Marketing Reforms

Agricultural Marketing Reforms: A Catalyst for Growth and Empowerment The agricultural sector, the backbone of many economies, faces a multitude of challenges in the 21st century. From climate change and market volatility to outdated infrastructure and limited access to technology, farmers struggle to achieve sustainable and profitable livelihoods. This is where agricultural marketing reforms come … Read more

Industrial Transition in India

  The process of industrial transition divided into: industrial Growth during the 19th century and industrial progress during the 20th century Industrial growth during the 19th century Decline of indigenous industries and the rise of large scale modern industries 1850-55: first Cotton mill, first jute mill and the first coal mine established. Railway also introduced. … Read more

Evolution of WTO

The following are the subtopics of the Evolution of WTO: The GATT and its predecessors The Uruguay Round The Doha Round The WTO’s current agenda The General Agreement on Tariffs and Trade (GATT) was established in 1947 with the goal of promoting trade LiberalizationLiberalization. The GATT was a multilateral agreement between 23 countries, and it … Read more

Open-Economy and Closed Economy

closed-economy: Here is a list of subtopics related to open-economy and closed-economy: Open economy Trade Comparative advantage Absolute advantage Terms of trade Capital flows InvestmentInvestment

Economic Botany

 Economic Botany The land and waters of the earth sustain a vast assemblage of Plants upon which all other living forms are directly or indirectly dependent. These autotrophs have the remarkable property of capturing the inexhaustible energy of the sun to synthesise organic compounds which are vital for the existence of all life … Read more