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Global Economic Cooperation

Global Economic Cooperation: Understanding G20, G8 (Formerly G7), OPEC, and APEC — Structure, Functions, and Goals

Admin114 mins

Introduction In the modern globalized world, international cooperation has become essential to address complex economic, political, and environmental challenges. Nations are interconnected through trade, finance, energy, and diplomacy. To promote stability, growth, and mutual understanding, several international organizations have emerged. Among these, the Group of Twenty (G20), Group of Eight (formerly G7), Organization of Petroleum…

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Make in India

Make in India: Achievements and Challenges

Admin011 mins

Introduction India, one of the fastest-growing economies in the world, has long aspired to become a global manufacturing hub. With its large workforce, growing domestic market, and favorable geographical location, the country has immense potential to strengthen its industrial base. To realize this potential, the Government of India launched the “Make in India” initiative on…

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pcs magazine

Understanding Fiscal Deficit: Implications and Management for the Indian Economy

Admin018 mins

A fiscal deficit is an essential concept in the field of public finance and plays a critical role in understanding a country’s economic health. In simple terms, a fiscal deficit occurs when a government’s total expenditure exceeds the revenue that it generates, excluding borrowing. It is often expressed as a percentage of a country’s GDP…

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pcs magazine

Globalization and Its Impact on India’s Economy: Growth, Challenges, and Future Prospects

Admin010 mins

Globalization has significantly influenced India’s economy since the economic liberalization of 1991. It has led to rapid economic growth, increased foreign investments, and expanded trade opportunities. Various sectors, including agriculture, industry, and services, have experienced profound transformations. While globalization has presented numerous opportunities, it has also posed challenges that India continues to address. 1. Understanding…

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pcs magazine

Causes of Industrial Sickness in India and Remedies for Revitalization

Admin010 mins

Industrial development plays a crucial role in the economic growth of any country. However, in India, a significant number of industries, both large and small, face financial distress and operational inefficiencies, leading to industrial sickness. This issue not only affects employment but also impacts the overall economic progress of the country. This article delves into…

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