Introduction Skill development is a critical component of economic growth and national development. A well-trained and skilled workforce contributes to higher productivity, improved employment opportunities, and increased global competitiveness. In a country like India, where the working-age population is growing rapidly, skill development plays a crucial role in harnessing human capital and driving economic progress….
Introduction Industrial policy plays a pivotal role in shaping a nation’s economic growth by promoting investment, boosting production, and generating employment. India, being one of the fastest-growing economies in the world, has adopted various industrial policies to accelerate its growth trajectory. The present industrial policy of the Government of India is focused on enhancing domestic…
In the modern world, economic development is intricately linked with social justice. As economies strive to foster equitable growth and provide opportunities for all, financial inclusion emerges as a fundamental building block for achieving both social justice and sustainable development. Financial inclusion refers to the process of ensuring that individuals, particularly those from marginalized or…
Introduction Infrastructure development plays a critical role in a country’s economic growth and global competitiveness. India, with its vast geography and diverse industrial landscape, faces challenges related to inefficient logistics, inadequate connectivity, and delays in project execution. To address these issues, the Government of India launched the PM Gati Shakti National Master Plan on October…
Introduction Supply Chain Management (SCM) plays a crucial role in ensuring that goods and services move efficiently from producers to consumers. In the context of the food processing industry in India, SCM is vital for maintaining food quality, reducing wastage, improving logistics, and ensuring timely delivery. Given India’s diverse agricultural landscape and its growing food…
Introduction Agriculture has been the backbone of human civilization for centuries, supplying food, raw materials, and employment to billions. However, with the increasing global population, climate change, and limited natural resources, traditional farming methods are proving insufficient. To meet the demands of the 21st century, agriculture is undergoing a digital transformation. Digital agriculture, also known…
Globalization and privatization are two crucial concepts in modern economics and policy-making. They both have significant impacts on the economic, social, and political landscape, especially in the context of developing countries. Let’s explore their definitions, objectives, and implications in detail. Globalization: Definition and Objectives Globalization refers to the process through which businesses, technologies, information, cultures,…
Information technology (IT) and the internet have become integral components of modern society, with far-reaching impacts on social empowerment. Social empowerment refers to the process of individuals or communities gaining control over their own lives, the ability to influence decisions, and the opportunity to participate fully in social, political, and economic spheres. The role of…
India’s population explosion is one of the most pressing issues that the country faces. With more than 1.4 billion people, India is the second-most populous country in the world. The population explosion is a result of various interrelated factors—socio-economic, cultural, political, and health-related—that have contributed to the country’s rapid population growth. 1. High Birth Rate…
Water is one of the most essential resources for human life and the survival of ecosystems. It plays a pivotal role in agricultural production, industry, and the functioning of ecosystems. Despite its abundance, the growing demand for water, coupled with environmental degradation, has made water preservation a critical concern in many parts of the world….