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Critically Examine Structural Changes in the Indian Economy Since Liberalization – Employment and Inequality Focus

Admin012 mins

Introduction India embarked on a new economic trajectory in 1991 with the adoption of liberalization, privatization, and globalization (LPG) reforms. These reforms marked a structural shift from a predominantly state-controlled economy to a more market-oriented system. The intent was to boost growth, attract foreign investment, improve efficiency, and integrate India with the global economy. Over…

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MSMEs: The Backbone of India’s Economy – Challenges, Opportunities, and Growth Strategies

Admin010 mins

Introduction Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in India’s economic development, contributing significantly to GDP, employment, exports, and industrial output. Often referred to as the backbone of the Indian economy, MSMEs are instrumental in promoting entrepreneurship, fostering innovation, and supporting inclusive growth. However, despite their contributions, MSMEs face multiple challenges, including…

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Objectives of National Manufacturing Policy and a Critical Examination of ‘Make in India’ and ‘Start-up India’

Admin015 mins

Introduction India, a fast-growing economy, has set ambitious goals for transforming its industrial sector, which plays a crucial role in driving economic growth, employment, and development. To achieve these goals, India has introduced various initiatives and policies that aim to boost the manufacturing sector, promote entrepreneurship, and create a conducive environment for innovation. Two key…

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