India has set an ambitious goal of becoming a $5 trillion economy, a vision that represents its aspirations for rapid economic expansion, global competitiveness, and improved living standards. The government has undertaken key structural reforms, policy measures, and sectoral advancements to accelerate growth, but significant challenges remain. This article critically analyzes India’s progress toward achieving…
Introduction India’s economic planning has undergone a significant transformation over the years. The Planning Commission, which played a central role in India’s economic policy framework for over six decades, was replaced by the National Institution for Transforming India (NITI Aayog) in 2015. This shift marked a strategic move towards a more decentralized, inclusive, and market-driven…
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…
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 India, the world’s most populous country, faces a persistent challenge of poverty. The interconnection between population growth and poverty has long been debated. Some argue that rapid population growth exacerbates poverty by straining resources, while others contend that poverty itself fuels high birth rates. This paper critically examines whether a growing population is the…
Introduction The G20 Summit, an influential gathering of the world’s major economies, plays a pivotal role in addressing global economic, social, and environmental challenges. The 2024 G20 Summit, held in Rio de Janeiro, Brazil, embraced the theme “Building a Just World and a Sustainable Planet.” This theme underscored the need for equitable growth, sustainability, and…
Introduction In the fiscal year 2021–22, the Uttar Pradesh State Government introduced several new schemes aimed at bolstering the state’s socio-economic framework. With a budget allocation of ₹5,50,270.8 crore, including ₹27,598.4 crore dedicated to new initiatives, the government focused on areas such as agriculture, health, infrastructure, and employment. This analysis delves into the specific schemes…
Introduction Uttar Pradesh, India’s most populous state, has been making significant strides in infrastructure, industrialization, and urban development. However, the state faces several constraints that hinder the smooth execution of development projects. These include bureaucratic hurdles, land acquisition issues, environmental concerns, financial constraints, and inadequate infrastructure. The state government has implemented several measures to address…
Eastern Uttar Pradesh (EUP), encompassing districts like Varanasi, Gorakhpur, Azamgarh, and others, is one of the most populous and historically significant regions of India. Despite its strategic location, fertile land, and cultural importance, EUP has faced persistent challenges that have hindered its economic and social development. This underdevelopment can be attributed to several interconnected factors,…
In the modern world, economic development is intricately linked with social justice. As economies strive to foster equitable growth and provide opportunities for all, financial inclusion emerges as a fundamental building block for achieving both social justice and sustainable development. Financial inclusion refers to the process of ensuring that individuals, particularly those from marginalized or…