The Indian rural economy plays a crucial role in the country’s overall development, as more than 65% of the population resides in rural areas. Agriculture, small-scale industries, and allied sectors form the backbone of the rural economy, contributing significantly to GDP and employment. Despite its importance, the rural economy continues to face numerous challenges, including…
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 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…
Introduction Reverse migration is the movement of people from urban areas back to their rural hometowns, often due to economic distress, loss of employment, or health crises. The COVID-19 pandemic triggered one of the largest instances of reverse migration in Indian history, particularly affecting states like Uttar Pradesh, which saw millions of migrant workers return…
Introduction Globalization is a complex and multifaceted phenomenon that refers to the increasing interconnectedness of economies, societies, and cultures across the world. It is characterized by the flow of goods, services, technology, capital, information, and labor across borders. The process of globalization has been accelerated by advancements in transportation, communication, and economic liberalization. In India,…
Introduction The National Institution for Transforming India, commonly known as NITI Aayog, is a policy think tank of the Indian government that was established on January 1, 2015, by Prime Minister Narendra Modi. NITI Aayog replaces the erstwhile Planning Commission, which had been in existence since 1950. The creation of NITI Aayog was a significant…
Introduction Industrial policy plays a pivotal role in shaping a nation’s economic growth by promoting investment, boosting production, and generating employment. India, being one of the fastest-growing economies in the world, has adopted various industrial policies to accelerate its growth trajectory. The present industrial policy of the Government of India is focused on enhancing domestic…