Agricultural Revolutions in India
Green Revolution Play a Major Role in the Rainbow Revolution. The application of agronomics or adoption of modern methods and technologies such as the use of high yielding variety (HYV)…
UNION BUDGET FOR 2023-24
The Union Budget 2023-24 was presented in the parliament on February 1, 2023, by finance minister Nirmala Sitharaman.
THE ECONOMIC SURVEY 2022-23
Economic Survey 2022-23: India to witness GDP growth of 6.0 percent to 6.8 percent in 2023-24, depending on the trajectory of economic and political developments globally.
GIG Economy in India
The Gig Economy in India refers to the trend of individuals working temporary or flexible jobs, often through online platforms such as Uber, Ola, Swiggy, and Zomato.
Banking System in India
The banking system in India laid the foundation for economic development in India. The process of banking system development in India started in the colonial era,
Indian Financial System
The Indian Financial System is at the heart of the country's economic development. The prime function of the Indian financial system is to mobilise savings and make them available for…
Methanol Economy and its Benefits in India
हाइड्रोकार्बन ईंधन जैसे- पेट्रोल और डीजल आदि ने भी ग्रीन हाउस गैस उत्सर्जन (GHG) के साथ पर्यावरण को बुरी तरह से प्रभावित किया है। भारत विश्व का तीसरा सबसे बड़ा…
Reserve Bank Of India
The Reserve Bank Of India was established on 1st 1935, with capital of 5 crore, on the recommendations of Hilton Young Committee, under RBI Act, 1934.
National Income
National Income is the final output of all new goods and services a country produced in one year.
Blue Economy and Marine Pollution
Blue Economy and Marine Pollution: It refers to the presentation, exploitation, and regeneration of the marine environment. It is used to describe a sustainability-based approach to coastal resources.
Difference Between Growth And Development
Growth is just 'getting bigger', whereas development is improvement. Growth can be explained as becoming bigger or larger or having more importance. Growth is termed as a physical change, where…
Indian Agriculture
Indian agriculture is the primary source of livelihood for India’s population. As per 2018, agriculture employed more than 50% of the Indian work force and contributed 17–18% to country's GDP.
Inflation and Types of Inflation
Have you ever noticed when you go out shopping with your parents and after buying\r\nevery article your Mom or Dad saying ‘Bohot Mehengai ho gai hai…’ ‘Humare time pe 1…
TYPES OF ECONOMY
Types of Economy: World economies are classified into three types of Economy models based on the responsibility and structure of the production and distribution network: capitalistic, state, and mixed economies.
Central Bank Digital Currency Scheme
Recently, central banks in Australia, Singapore, Malaysia, and South Africa announced a cross-border payments trial utilizing various Central Bank Digital Currency Scheme (CBDCs) to see if this enables transactions to…
Green Revolution
Green Revolution can be defined as a process of achieving a great increase in the production of food grains with the application of modern methods and techniques. In other words,…
New Umbrella Entity for Payment Systems
The Reserve Bank of India (RBI) is not in favour of having direct and supervisory control over the New Umbrella Entities (NUE) and instead wants agencies such as the National…
Asset Reconstruction Companies (ARCs)
The RBI has set up a committee headed by Sudarshan Sen to undertake a comprehensive review of the working of asset reconstruction companies (ARCs) in the financial sector ecosystem and…
Asian Development Bank (ADB)
Asian Development Bank (ADB) was established in the year 1966 headquartered in Manila (Philippines). At present, it has 68 members from the Asia Pacific region. 49 of 68 are from…
International Monetary Fund (IMF)
The International Monetary Fund was established in 1944 at the United Nations Bretton Woods Conference in New Hampshire, United States, in the aftermath of the Great Depression of the 1930s.…