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

Liberalization

The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.Liberalization has led to several positive and negative effects on Indian economy and society. Some of the consequences of liberalisation have been briefly described here: 1. Increase in the Direct Foreign Investment: The policy of liberalisation … Read more

Infrastructural development and issues

Advance Infrastructure Good quality infrastructure is critical to sustainable growth, especially for rural areas. As over 60 per cent of the population lives in rural areas, with low levels of per capital income, there is need to impart greater attention in improving rural infrastructure. Currently the rural infrastructure is inadequate to support over 600,000 villages. … Read more

1.06.18 (MPPCS) Madhya Pradesh Current Affairs

MADHYA PRADESH Khalwa scheme will irrigate 90,000 ha of farms: CM   Chief Minister Shivraj Singh Chouhan told a convention of unorganised labourers and tendu leaf collectors held at Khedigram of Khandwa district that the Khalwa lift irrigation scheme costing Rs 1,700 crore has been approved.   Besides, Chouhan inaugurated Tuar Dal distribution scheme at … Read more

30.05.18 (MPPCS) Madhya Pradesh Current Affairs

MADHYA PRADESH Madhya Pradesh govt decides to regularise 2 lakh 37,000 contractual teachers   Madhya Pradeshgovernment decided to regularise 2 lakh 37 thousand contractual teachers in the state. The decision was taken at a Cabinet meeting chaired by Chief Minister Shivraj Singh Chouhan yesterday. Cabinet also decided that no contractual employee in other government departments … Read more

21.05.18 (MPPCS) Madhya Pradesh Current Affairs

MADHYA PRADESH Focus on competitive edge to logistics sector   Confederation of Indian Industry organized ‘Madhya Pradesh Logistics Conclave’ bringing together the different stakeholders of Logistics Sector on a common platform with an aim to explore the way forward for Madhya Pradesh to become the hub of Logistics Services in India. Conclave also focused on … Read more

16.05.18 (MPPCS) Madhya Pradesh Current Affairs

MADHYA PRADESH Bhopal masters the art of clean play   Swachh Survekshan is not just about collecting feedback from citizens and verification of general cleanliness in a city. As Bhopal has shown (once again), it is also about playing to the optics and achieving benchmarks.   It ranges from construction of toilets; meeting open defecation free (ODF) … Read more

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