The gig economy is a labor market characterized by the prevalence of short-term contracts, freelance work, and flexible employment instead of permanent, full-time jobs. In recent years, it has gained significant traction, driven by technological advancements, changing consumer preferences, and evolving workforce demands. This shift in the global labor landscape has redefined the way businesses…
The Monetary Policy Committee (MPC) of India plays a critical role in shaping the nation’s economic landscape by influencing inflation rates and ensuring financial stability. This committee, under the supervision of the Reserve Bank of India (RBI), is tasked with setting the monetary policy that governs the country’s money supply, interest rates, and inflation control…
The Reserve Bank of India (RBI) plays a crucial role in the printing of currency notes in the country. It ensures the smooth circulation of currency and controls the supply of money in the economy, maintaining economic stability. The process of printing currency notes is highly structured, ensuring that the money supply in the country…
Famous Coal Fields of India and the World Coal is one of the most important and essential sources of energy, used worldwide for electricity generation, industrial processes, and domestic purposes. Coal is a natural resource that is extracted from the earth. India and many other regions around the world are rich in coal reserves. These…
NITI Aayog, or the National Institution for Transforming India, is a policy think tank of the Government of India, established on January 1, 2015. It was created to replace the Planning Commission, aiming to foster cooperative federalism and promote sustainable development through innovative strategies and policies . Formation and Purpose of NITI Aayog Objectives of…
Child labour remains a significant issue in India, affecting millions of children who are deprived of their childhood, education, and future opportunities. Despite substantial progress in various sectors, child labour continues to persist due to poverty, lack of awareness, and socio-economic disparities. The Indian government, in its bid to eliminate this social evil, has implemented…
The National Education Policy (NEP) 2020 in India aims to transform the education system by emphasizing holistic, multidisciplinary, and inclusive education. It outlines a legal framework for implementation and envisions future directions focusing on quality, accessibility, and skill development to meet the needs of a rapidly changing society. Introduction to the National Education Policy (NEP) 2020…
National Education Policy (NEP) 2020: A New Vision for India’s Education System The National Education Policy (NEP) of India, 2020, marks a significant shift in the country’s approach to education. After more than three decades, India has introduced a new education policy that aims to transform the educational landscape in the country, aligning it with…
Poverty Alleviation in India: Tools and Strategies for Sustainable Development Poverty remains one of the most significant challenges facing India today. Despite its rapid economic growth, a substantial proportion of the Indian population continues to live below the poverty line, struggling with basic needs such as food, shelter, healthcare, and education. According to the World…
Self-Help Groups (SHGs) are informal associations of individuals, typically from similar socioeconomic backgrounds, who come together to address common issues, improve their living conditions, and promote self-reliance. These groups, often composed of 10 to 25 members, primarily focus on savings, credit, and income-generating activities. SHGs have gained prominence, particularly in India, as a means of…