Introduction The 1920s was a decade of significant economic development for both the United States and the Soviet Union, albeit with vastly different approaches. While the U.S. embraced capitalism and free-market policies, the Soviet Union pursued a centrally planned economy under communist ideology. These divergent economic policies shaped the trajectory of both nations and had…
Introduction Agriculture has historically been the backbone of India’s economy, providing livelihood to a significant portion of the population and playing a crucial role in economic growth. Despite rapid industrialization and the expansion of the services sector, agriculture remains a vital contributor to India’s GDP, employment, and overall socio-economic development. However, the sector faces numerous…
Introduction Food security is a critical issue in India, a country with a population of over 1.4 billion people. It ensures that all individuals have access to sufficient, safe, and nutritious food to meet their dietary needs for an active and healthy life. Despite significant advancements in agricultural production, India continues to struggle with food…
Agriculture is the backbone of India’s economy, providing employment to over 50% of the workforce and contributing significantly to the country’s GDP. Despite its importance, India faces a persistent challenge of low agricultural productivity, which hampers the growth of the sector and limits the nation’s potential. The causes of low agricultural productivity in India are…
Introduction Agriculture is the backbone of India’s economy, providing livelihoods to nearly 60% of the population. Any change in agricultural policies has a direct impact on millions of farmers and the country’s food security. In recent years, India’s government introduced three new farm laws aimed at reforming the agricultural sector by promoting private investment and…
The Indian Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, is designed to support the agricultural sector and provide a robust framework for farmers’ welfare. Recognizing the centrality of agriculture to the Indian economy and the livelihood of millions of farmers, the budget introduces a wide range of initiatives aimed at improving agricultural productivity,…
Introduction Inclusive growth has emerged as the cornerstone of India’s development strategy. It aims to ensure that economic progress benefits all sections of society, particularly marginalized and disadvantaged groups. Unlike traditional economic growth, which focuses solely on GDP expansion, inclusive growth emphasizes equitable distribution of wealth, access to basic services, and opportunities for all. In…
Introduction Agriculture is the backbone of the Indian economy. Despite the rapid growth of industrialization and the service sector, agriculture continues to play a crucial role in India’s socio-economic development. It supports a vast majority of the population by providing employment, contributing to the Gross Domestic Product (GDP), ensuring food security, and supplying raw materials…