Introduction Agriculture and rural development are integral to the economic and social progress of any nation, especially in countries like India, where a significant portion of the population depends on agriculture for livelihood. Rural development goes hand in hand with agricultural advancements, ensuring sustainable growth, food security, employment generation, and overall economic stability. This essay…
Introduction Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in shaping India’s economic landscape. Often referred to as the backbone of the Indian economy, MSMEs contribute significantly to employment generation, industrial output, exports, and inclusive growth. With more than 63 million enterprises spread across the country, MSMEs collectively employ over 110 million people…
Introduction The concept of a self-reliant India, or “Atmanirbhar Bharat,” has gained significant momentum in recent years, especially in light of global disruptions such as the COVID-19 pandemic. Announced by Prime Minister Narendra Modi, this vision aims to reduce dependency on foreign goods, boost domestic industries, and make India a global manufacturing and economic hub….
Introduction Economic growth has long been the primary goal of nations, driven by industrialization, urbanization, and technological advancements. However, rapid economic expansion often comes at the cost of environmental degradation, resource depletion, and social inequalities. The challenge of balancing economic growth with sustainability has led to the emergence of the concept of sustainable development—a model…
In the 21st century, digital technology is reshaping every aspect of human life. From communication to education, healthcare, business, and entertainment, digitalization has become a pivotal force. However, despite rapid advancements, India faces a significant challenge—the digital divide. The term refers to the disparity in access to, use of, or knowledge about information and communication…
The Production Linked Incentive (PLI) Scheme for semiconductor manufacturing is an initiative introduced by the Government of India to promote domestic semiconductor production. The semiconductor industry plays a vital role in the modern digital economy, powering everything from smartphones to advanced computing systems. With India’s growing demand for semiconductors and the global chip shortage of…
Introduction NITI Aayog (National Institution for Transforming India) was established on January 1, 2015, to replace the Planning Commission. As a policy think tank of the Government of India, NITI Aayog plays a crucial role in shaping India’s long-term developmental strategies, formulating policies, and enhancing cooperative federalism. It serves as an advisory body providing directional…
Introduction The phrase “Leaving No One Behind” (LNOB) serves as the guiding principle of the United Nations’ Sustainable Development Goals (SDGs), which aim to address global challenges while ensuring that all individuals, particularly the marginalized and disadvantaged, benefit from progress. This commitment emphasizes equity, inclusivity, and sustainability, recognizing that true development must uplift everyone—regardless of…
Introduction Liberalization refers to the process of reducing government restrictions and regulations in economic and social policies, allowing greater participation of private and foreign entities in the market. It aims to enhance efficiency, encourage competition, and foster economic growth. In India, the economic liberalization that began in 1991 under the leadership of then-Prime Minister P.V….
Introduction Poverty alleviation has been one of the key priorities of the Indian government since independence. Rural India, where a large section of the population depends on agriculture and daily wage labor, faces persistent poverty, unemployment, and income disparity. To address this issue, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was enacted in…