Category: Economics
Economic liberalisation in India refers to a set of changes made to open up the country's economy. The main aim was to make it more flexible and focused on consumer needs. This involved encouraging pr...
Category: Economics
The Board for Industrial and Financial Reconstruction, often referred to as the BIFR, was a prominent financial institution in India. It was directly under the control of the Ministry of Finance, a pa...
Category: Economics
Urbanization refers to the process where people move from rural areas to live in cities, leading to the growth of urban populations. Since India gained independence in 1947, urbanization has significa...
Category: Economics
The **Comprehensive Economic Cooperation Agreement (CECA)** is a significant trade agreement between **Malaysia** and **India**. Its main goal is to boost trade and economic ties between the two count...
Category: Economics
The COVID-19 pandemic has significantly disrupted the worldwide food industry. To curb the spread of the virus, governments across the globe have enforced strict shutdowns on restaurants, taverns, and...
Category: Economics
Bihar is one of the quickest-growing economies in India. The economy mainly relies on services, with agriculture and industry also playing important roles. As of 2023-24, Bihar's Gross State Domestic ...
Category: Economics
On June 28, 2006, the Indian government announced a ban on the export of certain agricultural products, including pulses, sugar, and wheat. This decision came from the Finance Minister of India as a r...
Category: Economics
The **Mission Organic Value Chain Development for North Eastern Region (MOVCD-NER)** is one scheme among a host of initiatives implemented by the Central Government of India. Unlike other similar subs...
Category: Economics
The Indian Economic Census is a comprehensive survey that counts every business unit in India. This includes all entities engaged in economic activities, whether they are in agriculture or non-agricul...
Category: Economics
India's economic journey since its independence in 1947 has been shaped by various political philosophies and policies, especially those inspired by socialism. Let's break down the key events and deve...