http://insightsonindia.com Background Democratic developing countries always have challenge of development which should benefit impoverished masses by way of providing employment and decent standard of living .Universal adult Franchise which is landmark of democracy gives voice to labor which is strong in numbers. These countries can’t ignore interest of labor in favor of industry and capital. […]
Topics: Growth; Development; Employment; Inclusive growth and issues associated with it; and Government Budgeting 1. In the normal course of economic development of a country, the primary and the secondary sector provide a base for the services or tertiary sector to grow. However, in India, on the contrary, the services sector has ‘outperformed’ all […]
I. Answer all the following questions in about 400 words each: 2 x 20 = 40 1) Critically evaluate the process of economic planning in India. 2) “The major objectives of planning in India are not only broad but open-ended.” Elaborate. II. Answer all the following questions in about 200 words each: 6 x 10 […]
QUESTIONS: 26/10/2013 Critically assess the impact of urbanization on the socio-economic situation in India (150 Words) Critically examine the impact of New Industrial policy initiated in 1991 in India. (150 Words) Distinguish between cooperative, contractual and corporate farming. Which of these is best suited for India and why? (250 Words) Explain why in spite of […]
People at the helm still blame Eurozone crisis for India’s economic problems. The same people were jubilant two years ago when India somehow managed decent growth despite severe global economic crisis. The reason for their jubilation was that they believed that Indian economy was decoupled from the crisis-hit economies of the West. Now, this reasoning seems to […]
(Following Information is taken from PIB website) The Government has adopted a five-pronged strategy to tackle the sensitive issue of Black Money – Joining the Global Crusade Against Black Money Issues of tax evasion and Exchange of Information have been incorporated in G 20 communiqué due to efforts of India in the recent ministerial meetings. […]
Department of Economic Affairs, Ministry of Finance, Government of India has published a factbook on India which deals with economic aspects of the country.
Also called ‘Further Liberalisation Measures for Capital Account Transactions’ – RBI has announced following steps to arrest the slide of Rupee: It has been decided to allow Indian companies in manufacturing and infrastructure sector and having foreign exchange earnings to avail of external commercial borrowing (ECB) for repayment of outstanding Rupee loans towards capital expenditure […]
BUDGET SPEECH click here (pdf, 234KB) HIGHLIGHTS Budget identifies five objectives relating to growth recovery, private investment, supply bottlenecks, malnutrition and governance matters GDP growth to be 7.6 per cent (+ 0.25 percent) during 2012-13 Amendment to the FRBM Act proposed as part of Finance Bill. New concepts of “Effective Revenue Deficit” and “Medium Term […]
Robust growth and steady fiscal consolidation have been the hallmark of the Indian economy in the year 2010-11 so far. The growth rate has been 8.6 percent in 2010-11 and is expected to be around 9 percent in the next fiscal year. The growth has been broad based with a rebound in the Agriculture sector which is expected to grow around 5.4 per cent.