Cottage Industries in India: Necessity, Impact, Advantages, Disadvantages, and Solution Cottage Industries in India Introduction: In the modern industrialized world, there are large factories and mills with huge machines, smoking chimneys and hundreds and thousands of laborers. The present condition of cottage industries in not very good. However, there are few people who thinks…
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Characteristics and Features of Indian Money Market Indian Money Market The RBI controls the entire operation of the organized sector of the Indian Money Market. Over the years both commercial banks and co-operative banks have come to depend more and more on the rediscounting and borrowing facilities provided by RBI, especially during the…
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Causes of Low Productivity in Indian Agriculture Introduction The problem of low agricultural productivity in India is a very complex problem and it cannot be attributed to any single cause. The factors that and causes of low agricultural production in India now be discussed under the following broad heads: 1. Natural and general…
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Causes of Industrial Disputes in India Industrial disputes refer to the conflicts between employers and workers. These conflicts take various forms of protest from the workers side like strikes, demonstrations, rally, etc. From the employer’s side, these disputes may take the shape of retrenchment, dismissals, lockouts, etc. The two most prominent forms of…
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Brief Note on the Importance of Industrial Growth in the Indian Economy The Indian Government understood the importance of industries in India. The industrial policy undertaken on July 1991 by the Congress Government, have been designed to build on the past industrial achievements and to accelerate the process of making Indian industry internationally…
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Brief History of Trade Union Movement in India Introduction This article deals with the history of Trade Union Movement, its growth, features, etc. Trade unions are organizations of workers formed to protect the rights and interests of workers through collective action. In India, the first quarter of the 20th century gave the birth…
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Advantages and Disadvantages of Industrialization Introduction The development of science and technology has resulted in the growth and spread of Heavy Industries. Human progress now-a-days is measured in terms of industrial potentialities and prosperity. But it is unfortunate that we have not yet realized the evils of industrialization due to unplanned growth in…
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4 Major Defects of Indian Money Market Defects of the Indian Money Market The main defects of the Indian money market are the following: 1. Narrow coverage: The organized banking system is still a very large component of the Indian money market. The Indian banking system widely covers metropolitan cities and the towns. But,…
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What part does labor play in the economic progress of a country? The economic progress of a country is vitally dependent on its labor supply. By labor should be meant not only the number of workers but also their efficiency. A highly developed state of industrialization, no less than a prosperous agriculture, requires…
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What is Mobility of Labor? What is Mobility of Labor? Movement of Laborers or workers, from place to place, profession to profession, and from one grade to another grade, is known as mobility of labor. Movement of laborers or workers from one place to another by the prospects of better wages is called…
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