Introduction Universal Basic Income (UBI) has emerged as one of the most debated economic and social policy ideas in the 21st century. The concept advocates for providing all citizens with a guaranteed, unconditional sum of money regularly, regardless of their employment status, income, or wealth. Supporters argue that UBI has the potential to eradicate poverty,…
Introduction Education and skill development are fundamental drivers of economic growth, social progress, and global competitiveness. A well-educated and skilled workforce enhances productivity, fosters innovation, and supports sustainable development. Countries that invest in education and skill development create a foundation for industrial growth, technological advancement, and social equity. Economic growth is increasingly knowledge-driven. While traditional…
Introduction Economic inequality refers to the unequal distribution of income, wealth, and opportunities among individuals or groups within a society. While some level of inequality is inevitable in a market-driven economy, excessive economic disparity can threaten social cohesion, reduce economic efficiency, and impede sustainable development. In contrast, inclusive growth emphasizes equitable access to economic opportunities,…
Introduction Poverty is one of the most pressing socio-economic challenges in developing countries, especially in nations like India, Bangladesh, Nepal, and several African states. Despite decades of development initiatives, poverty continues to persist in rural as well as urban areas due to structural inequalities, unemployment, lack of access to resources, and limited financial inclusion. Traditional…
Introduction In the context of global economic development, financial inclusion refers to the process of ensuring that individuals and businesses, regardless of their financial status, have access to useful and affordable financial products and services. These include payments, credit, insurance, and savings that are delivered in a responsible and sustainable manner. In India, financial inclusion…
Introduction Economic growth is essential for national development, but it must be accompanied by equality and distributive justice to ensure that the benefits reach all sections of society. Inclusive growth refers to a development process that fosters economic expansion while reducing inequalities in wealth, opportunities, and social mobility. In India, various policy measures have been…
Introduction In the modern world, digital payments have emerged as a transformative force, reshaping the financial landscape. The advent of digital financial services has created unprecedented opportunities for financial inclusion, enabling millions of people worldwide to access banking services that were previously unavailable to them. Digital payments facilitate economic participation, enhance financial literacy, and empower…
Introduction Slums are an integral part of urbanization, housing millions of people in conditions of extreme poverty, inadequate infrastructure, and lack of basic civic amenities. With rapid urbanization, particularly in developing countries, slums have expanded, creating challenges related to sanitation, healthcare, water supply, housing, and education. Effective urban planning plays a crucial role in improving…
Introduction Public service is the cornerstone of governance, and its success is measured by the well-being of the most vulnerable members of society. Tolerance and compassion are two fundamental values that drive public servants to act with empathy, fairness, and justice toward weaker sections. These values ensure that disadvantaged communities receive equitable opportunities and support,…
Small Scale Industries (SSIs) are an integral part of Uttar Pradesh’s economy, contributing significantly to employment generation, regional development, and industrial diversification. These industries, by virtue of their flexibility, innovation, and ability to cater to diverse market demands, have played a key role in the socio-economic landscape of the state. Definition of Small Scale Industries…