Business & Economy

Bharat’s economy – Turnaround from recovery to growth

The Union Government, on 12th November, 2020, has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in the following 10 key sectors for enhancing Bharat’s manufacturing capabilities and…





Can Bharat become a global manufacturing hub?

The share of secondary sector in GDP and employment of workforce in 2019 compared to 1951 is as under. Sector Share in GDP (1951) Share in GDP (2019) Secondary sector…


economics-economy

Is Economics a scientific discipline?

Social ‘sciences’ and economics are two controversial areas of academia, where it is hard to judge the effectiveness of theories and models. It is seen that both these subjects tend…



Enhancing the Effectiveness of PDS in Bharat

The origin of public distribution of grains in Bharat had its roots in the ‘rationing’ system introduced by the British during the World War II. The Department of Food under…


GDP vs Human Development Index

With a nominal GDP of $2.94 trillion, Bharat has become the fifth-largest economy in 2019, overtaking the United Kingdom and France. The country ranks third when GDP is compared in…


GST

Galvanizing Simple Transparent Tax

GST was introduced in Bharat on 1st July, 2017 as a tax reform measure for unification of all indirect taxes across the country. The items that are kept outside the…