Introduction Technology has become the driving force of modern economies, shaping industries, societies, and global competitiveness. However, the development of new technology is often concentrated in research institutions, advanced economies, and large corporations. To ensure that innovations benefit a wider audience, the process of technology transfer plays a crucial role. This article explores the meaning…
Introduction Industrial policy plays a crucial role in shaping the economic trajectory of a nation. The term ‘New Industrial Policy’ generally refers to a shift in the approach of the government towards industrial development, with the aim of making industries more competitive, innovative, and globally integrated. India’s New Industrial Policy, introduced in 1991, marked a…
Industrial development plays a crucial role in the economic growth of any country. However, in India, a significant number of industries, both large and small, face financial distress and operational inefficiencies, leading to industrial sickness. This issue not only affects employment but also impacts the overall economic progress of the country. This article delves into…
Introduction Inclusive growth is a development approach that ensures economic expansion benefits all sections of society, particularly the marginalized and disadvantaged groups. It goes beyond mere GDP growth and emphasizes equitable distribution of wealth, access to opportunities, and social justice. For a country like India, where disparities in income, social status, and access to resources…
Introduction Space exploration has long been associated with developed nations possessing vast financial and technological resources. However, in recent decades, developing countries have increasingly entered the space race, recognizing its significance in economic growth, technological advancement, national security, and socio-economic development. This essay explores the relevance of space exploration for developing nations, focusing on the…
Introduction In a world obsessed with advancement, innovation, and growth, the concept of progress has become a central theme in both individual and collective aspirations. However, progress without a well-defined purpose can lead to disillusionment, ethical dilemmas, and even societal harm. The true essence of progress lies not just in the achievements of science, technology,…
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 Sustainable Development Goals (SDGs) are a global initiative launched by the United Nations (UN) to address pressing challenges such as poverty, inequality, climate change, and environmental degradation. The SDGs were adopted in 2015 as part of the UN’s 2030 Agenda for Sustainable Development, comprising 17 goals with 169 targets. These goals serve as a…
Introduction Inclusive growth is a development strategy that aims to ensure economic progress benefits all sections of society while maintaining environmental sustainability. It focuses on reducing inequalities, promoting social justice, and ensuring that growth does not come at the cost of environmental degradation. In an era where economic disparities and climate change are pressing concerns,…
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,…