Causes of low industrialization in Madhya Pradesh

Causes of low industrialization in Madhya Pradesh Madhya Pradesh (MP) has predominantly been an agrarian state economy which shows co-existence of poverty and prosperity in the state. The state’s economic and demographic profile describes an economy of rural mass, poverty and growth led by agriculture. Despite five decades of planned economic development, MP continues to … Read more

Economic reforms in india

Economic reforms in india New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its economic development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order … 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 Indian industry. India’s industrial policy of 1991 towards liberalisation, deregulation, market orientation has been hailed … 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 lending was the order of the day. Banks did not pay any attention to the … Read more

Regional Imbalances and Migration

Regional imbalances and income inequalitiies in India: Steps taken by the Government to reduce it. Regional imbalance is the disparity in economic and social development of two regions. One region/city/area is stronger than another region/city/area. Regions develop when investments are made to set up industries, service sectors, educational institutions, health care facilities etc. Income inequality is the unequal distribution of … Read more

Issues and challenges related with quality and supply of seed, manure

Seed is the true carrier of technology. In India, three sets of institutions produce seeds:research institutions and agricultural universities; public sector seed producing corporations; andprivate sector firms including multinationals. The last decade has seen two main developmentsin seed market. One, production of quality seed has risen at a rapid rate after 2005-06. And two,public sector … Read more

Information sharing and transparency in government and Right to information act 2005

Information sharing and transparency in government and Right to information act 2005 Transparency and accountability in administration as the sine qua non of participatory democracy, gained recognition as the new commitments of the state towards its citizens. It is considered imperative to enlist the support and participation of citizens in management of public services. Traditionally, … Read more

Strengthening of ethical and moral values in governance

Strengthening of ethical and moral values in governance The notion of “Good Governance” has become the buzzword these days in wake of globalization. Good governance is commonly described as a style of governance that is efficient, effective, responsive, corruption free and citizen friendly for ensuring people’s trust in government and promoting social harmony, political stability … Read more