Economy Booster

 Reforms and prospects of cooperative movement in Maharashtra India is a union of States. Co-operation is a State subject, i.e. falling within the scope of State legislation. Each State has its Co-operative Societies’ Act, as Maharashtra State Co-operative Societies Act, 1961, regulating the working of the co-operative movement in Maharashtra. Co-operative credit structure … Read more

Domestic capital in economic development Our economic growth has been facing headwinds which is primarily cyclical in nature. The policy makers, the regulators and the system are making an honest effort to restore it. Many fiscal and monitory policies have been announced and implemented sincerely. These measures, it is expected, will bring the desired outcome. … Read more

 Panchayati Raj Institutions (PRIs) are rural local governments entrusted with the responsibilities to prepare plan and implement schemes for economic development and social justice in rural India. A number of Centrally Sponsored Schemes (CSS) assign important role to PRIs. In addition, PRIs are also involved in implementation and monitoring of several State Schemes. For … Read more

   Introduction   Power is one of the most critical components of infrastructure crucial for the economic growth and welfare of nations. The existence and development of adequate infrastructure is essential for sustained growth of the Indian economy.   India’s power sector is one of the most … Read more

 Alternative policy initiatives in agricultural marketing More than three-fifths of India’s population draws their livelihood from agriculture that adds just one-fifth to its GDP. There should be obvious serious concerns about efficient functioning of this sector both in terms of its output / productivity and its marketing. While output and productivity are supply … Read more

Manufacturing policy of India The Government of India has announced a National Manufacturing Policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. The National Investment & Manufacturing Zones (NIMZs) are an important instrumentality of the manufacturing policy. The NIMZs are envisaged as … Read more

 Free and Compulsory primary education The Indian Constitution is a social document and the supreme law of the land. The founding fathers of the Constitution have incorporated a well designed constitutional manifesto under Part-IV of the Constitution to achieve socio-economic Justice. The Directive Principles of State Policy are principles of good governance. Education … Read more

 MNREGA and community power structure Several rural development programmes were initiated in India during 1950s and 1960s. These programmes, popularly known as community development programmes, regarded rural people as beneficiaries but not participants in the development process. They were centrally designed and were implemented by extension agents using a top-down mode of decision-making. … Read more

 EMPLOYMENT As per Employment-Unemployment Survey (by NSSO) of 2011-12 (latest available), total workforce employed stands at 47.36 crore; with 23.16 crore in agriculture and 24.2 crore in industry and services According to the fifth Annual Employment-Unemployment Survey (EUS) conducted between April and December 2015, 83% of the workers in India were self-employed, casual … Read more

 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 activities, secondary sector includes manufacturing … Read more