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

Financial Inclusion

Financial Inclusion Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. Government of India has launched an innovative scheme of Jan Dhan Yojna for Financial Inclusion to provide … Read more

India under the British Rule

  The economic consequences of the British rule can be studied under three heads: Decline of Indian Handicrafts and progressive ruralisation of the Indian economy Growth of the new land system and the commercialisation of Indian agriculture Process of industrial transition of India Decline of Handicrafts While India was an exporter of Handicrafts before the … Read more

Importance of Science & Technology as an engine for national development- Industrial development & Urbanization

Importance of Science & Technology as an engine for national development- Industrial development & Urbanization Professor Freeman J. Dyson, of Institute of Advanced Studies, Princeton, in his book “Infinite in all Directions,” had this to say about Technology: “Technology is a gift of God. After the gift of Life, it is perhaps the greatest of … Read more

MARKETING MIX  

  Marketing involves a number of activities. To begin with, an organisation may decide on its target group of customers to be served. Once the target group is decided, the product is to be placed in the market by providing the appropriate product, price, distribution and promotional efforts. These are to be combined or mixed … Read more

NATIONAL INCOME

National Income The study of National Income is important because of the following reasons: To see the economic development of the country. To assess the developmental objectives. To know the contribution of the various sectors to National Income. Internationally some countries are wealthy, some countries are not wealthy and some countries are in-between. Under such … Read more

Chhattisgarh: Changes in the sectoral distribution of income and employment

Chhattisgarh: changes in the sectoral distribution of income and employment The primary sector, more specifically agriculture and allied activities, forms the base of the State’s economy and provides livelihood to 80 percent of the rural population. The rural economy has a diversified base with agriculture and allied activities as the mainstay, accompanied by a thriving … Read more

Infrastructure Debt Funds

Infrastructure Debt Funds In Sept 2011, RBI issued guidelines for permitting banks and NBFCs to set up IDFs to help meet long term financing for the sector IDFs would be set up either as MFs or NBFCs NBFC sponsoring IDF-MF should have a minimum net owned funds of Rs 300 crore and CAR of 15 … Read more

Banking- Role of Commercial Banks, Issue of NPA, Financial Inclusion:-

Table of Content:- Role of Commercial Banks Issue of NPA Financial Inclusion A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial … Read more

Administrative Reforms

Why is Administrative Reforms needed? Technological change Advances in industrialisation Growth in the number and complexity of governmental activities Changes in social, political and economic spheres of life All above have created extraordinary strains on the traditional machinery of the government Obsolescence of institutions, roles, procedures and processes in the government What are ways through … Read more

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