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Bharat's 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...
Strategic approach for Bharat’s overall development
As per the report of the Ministry of Statistics and Programme Implementation (released on 7 January 2020), the state per capita income of Goa...
Issues and challenges in supervision of Cooperative Banks for RBI
In a move aimed at protecting the interest of depositors, Parliament passed amendments to the Banking Regulation Act, thus bringing cooperative banks under the...
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...
GDP vs Human Development Index
With a nominal GDP of $2.94 trillion, Bharat has become the fifth-largest economy in 2019, overtaking the United Kingdom and France. The country ranks...
Galvanizing Simple Transparent Tax
GST was introduced in Bharat on 1st July, 2017 as a tax reform measure for unification of all indirect taxes across the country. The...
Capital Pains — challenges posed by high interest rate regime in Bharat
For Bharat to pull its poor out of poverty, and put more money in the hands of the government for redistribution, Bharat has to...
Lessons from China in Global Trade
China is Bharat's biggest trading partner after the USA. China accounted for over 5% of Bharat's total exports in financial year 2019-20 and more...
Bharatiya economy’s seven decades of independence – A review and way forward
In 1947-48, per capita income was Rs. 230. In 2019-20 it rose to Rs. 1,35,000. In 1948, power generation capacity was nearly 2100 MW;...
Strategic approach to agriculture & rural development in Bharat
Bharat has set an ambitious target of doubling the farmers’ income and also simultaneously have a target of US$ 60 Billion agri-export by the...