Structural changes in the Indian Economy ( GDP and work force)

Structural changes in the Indian Economy Change in composition of domestic product or change in national income by industry of origin refers to change in relative significance (share) of different sectors of the economy. Generally, an economy is divided into three major sectors viz. primary, secondary and tertiary sectors. Primary sector includes agricultural and allied … Read more

Development of Railways, Industrialization, Constitutional Development.

Development of Railway, Industralization and constitutional development during British period   Railway The British created the Indian Railways. They envisioned it, planned it, engineered it and instructed poor Indian laborers how to build it. There is a common misconception that the British “gifted” India the Railways. Nothing could be more wrong. The British did not … Read more

Planning in India

Planning in India First Plan (1951 – 56) Target Growth : 2.1 % Actual Growth 3.6 % It was based on Harrod-Domar Model. Influx of refugees, severe food shortage & mounting inflation confronted the country at the onset of the first five year Plan. The Plan Focussed on agriculture, price stability, power and transport It … Read more

Urban Economy after 1858

Urban Indian economy after 1858 During this period, the Indian economy essentially remained stagnant, growing at the same rate (1.2%) as the population.  India also experienced deindustrialization during this period. Compared to the Mughal era, India during the British colonial era had a lower per-capita income, a large decline in the secondary sector, and lower … Read more

Forest Based Industries

Forest area of Chhattisgarh approx 59,772 square kilometers, which is 44.21 percent of the Chhattisgarh ‘s geographical area. Third rank in the country In terms of forest covers. Forests of Chhattisgarh state divided into two major categories, namely Tropical Humid Deciduous forest and tropical dry Deciduous forest. The state’s two main tree species are sal … Read more

Metallurgy of iron

Metallurgy of iron Iron is an important constituent of hemoglobin, which is in blood. Iron is the metal used most widely in industries and hence may be called the king of metals. It is the second most abundant metal after aluminum. Iron does not occur in native state, since it is oxidized easily. Ores of Iron Chemical Name Chemical … Read more

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