India, with its rapidly growing economy, large population, and significant socio-economic diversity, faces the persistent challenge of poverty. Despite several economic reforms and growth in GDP, poverty continues to affect a substantial portion of the Indian population. It is often suggested that unemployment is the primary cause of poverty in India. While unemployment does play…
Agriculture has been the backbone of India’s economy for centuries, employing a significant portion of the population and contributing immensely to the country’s food security. However, farmers in India have faced persistent challenges such as fluctuating prices of crops, inadequate infrastructure, and unpredictable weather patterns. In response to these challenges, the Government of India introduced…
The economic crisis in Sri Lanka has been one of the most significant financial and political upheavals in recent history. The small island nation faced a catastrophic collapse of its economy in 2022, leading to widespread protests, food shortages, and a political crisis. While the immediate impacts were most keenly felt within Sri Lanka, the…
Globalization, a phenomenon that integrates economies, societies, and cultures across the world, has profoundly impacted industries of all sizes. While globalization has brought immense opportunities for large-scale industries to expand and thrive, its impact on cottage industries—a vital part of traditional economies—has been both a challenge and a catalyst for transformation. Cottage industries, often characterized…
Agriculture, the backbone of many economies worldwide, is evolving rapidly due to advancements in technology, changing consumer preferences, and the pressing need for sustainable practices. In recent years, new possibilities have emerged that hold the potential to revolutionize the agricultural sector, ensuring food security, improving farmers’ livelihoods, and addressing environmental challenges. 1. Precision Agriculture Precision…
India, with its rich history, vibrant democracy, and emerging economy, has always been a key player on the world stage. As a member of the G-20, the world’s foremost forum for international economic cooperation, India’s leadership in this organization holds immense significance. The Group of Twenty (G-20) comprises the world’s largest economies, accounting for around…
The media revolution, particularly the rapid expansion of Information and Communication Technology (ICT), has dramatically transformed the landscape of global communication. The advent of digital media, the internet, satellite television, and social media platforms has reshaped how people access and share information. This revolution has had profound effects on both the global and national scales,…
Money laundering is the process of concealing the origins of illegally obtained money, typically by means of transfers involving foreign banks or legitimate businesses. The act of money laundering threatens a country’s financial system, impedes economic development, undermines the rule of law, and hampers the effectiveness of financial institutions. The increasing use of Information and…
India, one of the world’s fastest-growing economies, faces an escalating demand for energy resources. As urbanization, industrialization, and population growth continue at a rapid pace, the country is witnessing an exponential increase in its energy consumption. The energy demand in India is expected to double by 2040, according to reports from the International Energy Agency…
The Public Distribution System (PDS) is one of the most significant and long-standing government programs aimed at ensuring food security and addressing the problem of hunger in India. Launched in 1947, the PDS has evolved over the decades to cater to the changing needs of the population. It plays a crucial role in stabilizing food…