Economy

. Micro finance institutions, as a concept have their genesis in  Bangladesh, pioneered by Mohammed Yunus, for which he was awarded the Nobel Prize, as  successful institutions for reaching out to the last unit of any economy not possible through  banks and directly contributing to the uplift of the poor especially rural women. In India, … Read more

Pink revolution primarily focuses on modernisation of meat and poultry industry. It has  attained India the number 1 position in the world in exports of buffalo meat in 2012, exporting  approximately 1.5 million metric tons of beef. chicken sector has witnessed a 30 percent growth rate since the year 2009, at the same  time it … Read more

Development of port infrastructure in India is not on par with the other ports across  the world. Trade in India has to face severe challenges due to inefficient port services.  Shipping lines avoid touching ports in India because of the long waiting time. The capacity  of various ports including Mumbai has already been exhausted and … Read more

India’s imports comprises of essentials such as crude petroleum, machineries and  fertilizers which become expensive raising their prices facilitating ‘import’ of inflation.  India is very susceptible to a stubborn and sticky inflation. It hurts the masses in terms of  across the board higher prices. All imports become expensive including raw materials, goods and machineries which  … Read more

. India has a large pool of English-speaking workforce, cheap labour, natural resources,  a growing economy, second largest market and a government-favouring FDI. Despite the considerable easing of restrictions there are number of factors which are haltering FDI boost: First and the foremost, a foreign investor draws a global comparison before taking a decision on … Read more

Along with bringing transparency and accountability in enforcement of Labour Laws, the Government has taken various initiatives to realize and establish the dignity of every worker through provision of social security, enhancing the avenues and quality of employment along with industrial development. Recent major reforms are: Introduction of Labour Codes In line with recommendations of … Read more

An external commercial borrowing (ECB) is an instrument used in India to facilitate Indian companies to raise money outside the country in foreign currency. The government of India permits Indian corporates to raise money via ECB for expansion of existing capacity as well as for fresh investments. Other such external sources of finance/capital include FCCBs … Read more

The government of India has taken a series of following measures to improve ‘Ease of  Doing Business’ in the country. Existing rules have been simplified and information tech­ nology is introduced to make governance more efficient and effective: The process of applying for Industrial License (IL) and Industrial Entrepreneur Memorandum (IEM) has been made online … Read more

Liberal entry of private sector and foreign banks. It is as a part of the reforms that today there are big private banks such as ICICI, HDFC, Axis and foreign banks such  as the Citi group, HSBC, Barclays operating along with the public sector banks. Public sector were provided greater autonomy to function in a … Read more

Under the Monetary Policy Framework Agreement, the RBI will be responsible for containing inflation targets at 4% (with a standard deviation of 2%) in the medium term. Under Section 45ZA(1) of the RBI Act, 1934, the Central Government determines the inflation target in terms of the Consumer Price Index, once in every five years in … Read more