Public sector has played an important role in achieving industrial self reliance. Iron and steel, railway equipment, petroleum, coal and fertilizer industries, have been developed in this sector. These industries were established in industrially backward regions. During the seventh five Read More …
Category: Economic reforms
Problems of SMEs
MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income Read More …
Industrial development and Economic reforms in India : Major changes in industrial policy, its impact on industrial growth
The Indian Government had undertaken industrial policy reforms since 1980, but the most radical reforms have occurred since 1991, after the severe economic crisis in fiscal year 1990-91. These reforms mainly aim at enhancing the efficiency and international competitiveness in Read More …
Agricultural sector reforms and its impact on growth; issues of subsidies and public investment on agriculture, reforms and agrarian crisis
Indian Agriculture is the Mainstay of Indian Economy.Since independence, undergone a change from being the sector contributing the highest share to the GDP to one contributing the lowest share.Agriculture is a state subject. GDP contribution (Agriculture and allied sector) 5 pc Read More …
Scheduled Commercial Banks
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. Read More …
rural banking impact on rural credit:sources and problems of rural credit, institutional credit,SHG, micro finance, NABARD, RRBs
68.84% of the population in India is rural based and majority of them depends on agriculture for a living. Enhanced and stable growth of the agriculture sector is important as it plays a vital role not only in generating purchasing Read More …
Financial and Banking sector reforms
The Banking System at the time of independence was largely urban oriented and remained out of reach of rural population. Commercial Banks mostly confined their lending to trade, commerce and industry and treated agriculture as a non priority. Security- oriented Read More …
