Discount

The discount is referred to the reduction in the price of some commodity or service. It may anywhere appear in the distribution channel in the form of modifications in marked price (printed on the item) or in retail price (set by retailer usually by pasting a sticker on the item) or in list price (quoted for the buyer). The discount is provided for the … Read more

Compound Interest

Compound Interest   Let Principal = P, Rate = R% per annum, Time = n   When interest is compound Annually:    Amount = P 1 + R n 100 When interest is compounded Half-yearly:     Amount = P 1 + (R/2) 2n 100 When interest is compounded Quarterly:     Amount = P 1 … Read more

Contribution of Indians in science and technology

Contribution of Indians in science and technology This list of Indian inventions and discoveries details the inventions, scientific discoveries and contributions of ancient and modern India, including both the ancient and medieval nations in the subcontinent historically referred to as India and the modern Indian state. It draws from the whole cultural and technological history … Read more

Current status of alternative sources of energy and their future prospects

Current status of alternative sources of energy Alternative energy is any energy source that is an alternative to fossil fuel. These alternatives are intended to address concerns about such fossil fuels, such as its high carbon dioxide emissions, an important factor in global warming. Marine energy, hydroelectric, wind, geothermal and solar power are all alternative … Read more

Solid Waste Management

Solid Waste Management; Types of Solid waste Management; Factors affecting Solid Waste Generation Solid Waste Management Solid waste management is basic public services which every citizen should have access to, both for health and hygiene, and for ensuring a good quality of living. Sanitation here refers to toilet facilities, whereas solid waste management refers to … Read more

Waste Water Management

Waste Water Management Water, food and energy securities are emerging as increasingly important and vital issues for India and the world. Most of the river basins in India and elsewhere are closing or closed and experiencing moderate to severe water shortages, brought on by the simultaneous effects of agricultural growth, industrialization and urbanization. Current and … Read more

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

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

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