Economy Booster

 Development Experience  and Development Planning of India Poverty, low per capita income, under-development, unemployment, prompted the newly established Indian polity to adopt economic planning for the development of the country. The idea of economic planning can be traced to 1934, when M. Visvesverayya in his book 'Planned Economy of India', advocated for planning to … Read more Development Experience And Development Planning Of India

   Age structure, sex ratio and Rural-Urban composition of India   Rural-Urban Composition:   For the first time since Independence, the absolute increase in population is more in urban areas that in rural areas Rural Population in India: 68.84% Urban Population in India: 31.16% Level of urbanization increased from 27.81% in 2001 Census to … Read more Age Structure, Sex Ratio And Rural Urban Composition Of India

 New Industrial Policy 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, … Read more Economic Reforms In India

 The institution of District Planning Committee as envisaged in the 73rd Constitution Amendment Act (73rd CAA) is the realisation of consistent and conscious effort towards decentralised planning since the process of planned development began in the country. The desire for decentralised planning was first expressed way back in the first five year plan (1951-56), … Read more District Planning Committee And Planning

 The HDI is an average measure of basic human development achievements in a country measured by UNDP. It is an average of long-term progress in three basic dimensions of human development viz. a long and healthy life, access to knowledge and a decent standard of living. India has been placed at 130th position in … Read more Human Development Index

 During the first three decades after Independence, the Indian economy stagnated around a trend rate of growth of 3.5 per cent, popularly known as the Hindu rate of growth. The scenario changed during the 1980s. The acceleration of growth during the 1980s to 5.6 per cent put the economy on to a higher growth … Read more Growth And Distributive Justice

 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 … Read more Make In India Start Up And Stand Up Programmes

 India’s National Accounts It is emphasised that in view of the essentially de-centralized character of the Indian Statistical System, the continental size of the country with large diversities and federal character of polity, the Indian System of National Accounts to include regional accounts at the State level and below. The term National Accounts Statistics … Read more Indian National Account

     Definition: Industrial legalizations are the laws enacted by the Government to provide economic and social justice to the workers in industries. Generally these laws provide guidelines to the employers/industrialists in dealing with the matters of wages, wage incentives, facilitates for workers and the working conditions of labour. Necessity: Improves industrial relation i.e. … Read more LABOUR LAW REFORMS

 Seed Seed is technically defined as ripened ovule containing embryo. Another definition says that the seed is a living embryo which is vital and basic input for attaining sustained growth in agricultural production in different agro-climatic conditions. The embryo in the seed remains almost suspended for sometimes and then revives to new development.  Seed … Read more Inputs Of Agriculture