Public Finance in India Public finance means the financial transactions of the government. Under the federal structure, the financial relationship between the union government and the state governments are based on the principle of federal Finance. The Indian constitution provides a three-fold distribution of legislative powers between the centre and the states. The…
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Problems of Jute Industry in India The major problems of Indian Jute Industries are mentioned below: High cost of production: Equipments for production are all worn out, outmoded in design. Many mills are uneconomic. Products are made costlier. Storage of raw Jute: Jute industry suffers from inadequate supply of raw jute. Shortage of…
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Problems Faced by Small Scale Industries in India Introduction Small scale and cottage industries in India occupy a vital position in the planned industrial development in the country. Not only they provide immediate large scale employment but also offer a method of ensuring a more equitable distribution of the national income. Moreover they…
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Paragraph on Inflation: Introduction, Causes and Control Measures Inflation Meaning: Inflation refers to a situation when the there is an increase in the prices of general goods and services resulting in the overall decline in the purchasing value of money. During the last one decade prices have soared continuously. In the last five…
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Paragraph on Demonetization in India Overview The Indian government has long struggled with the issue of the fake currency and black money. In 1946 and in 1978, the respective Indian governments turned to demonetization as the long-term solution to the problem. The same historical event would take place in India in 2016. The…
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Objectives of Land Reforms in India Introduction Land reform refers to all those institutional changes aiming at the redistribution of operational land holdings in favour of the less privileged classes from the view point of optimum utilization of land. Objectives The objectives of economic planning and land reforms in India are to achieve…
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Methods of Calculating National Income in India Introduction The economy of country refers to labor and property supplied by the people of the nation. The national income of a country is expressed in terms of money valued at current price levels. A national income provides a total for the country’s whole economy, and…
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Machinery for Settlement of Industrial Disputes in Indi Let us discuss the machinery which exists in India for the settlement of industrial disputes. In this connection, we may mention the vital role that the Industrial Disputes Act of 1947 (as amended from time to time) plays or maintenance of peace in industrial units.…
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Land Reforms in India Land Reforms In the wake of Independence when planning for economic development was undertaken, land reforms were given an important place in the overall framework of planning. It continues to occupy this place even now. Ideological considerations apart, certain practical economic considerations motivated policy planners to give land reforms…
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Indian Money Market What is the Money Market? By the phrase ‘money market” we mean, the purchase and sale of the services of money. It comprises all institutions dealing in money. The dealers in money buy the sayings from the depositor at a low interest rate and sell the same to the debtors…
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