Inclusive growth means economic growth that creates employment opportunities and helps in reducing poverty.It means having access to essential services in health and education for the poor. It includes providing…
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Economy Notes
Indian Economy At The Time Of Independence: Basic Characteristics At the time of India’s independence in 1947, the Indian economy was primarily agrarian, with agriculture contributing to around 50% of…
On January 26, 1950, the Constitution came into force. Following that, the planning in India began on March 15, 1950, with the establishment of the Planning Commission, and the plan era began…
The national income of a country means the sum total of incomes earned by the citizens of that country during a given period, over a year. GDP, sometimes known as…
“Economics is the study of how people and society choose to employ scarce resources that could have alternative uses in order to produce various commodities that satisfy their wants and…
PART A Economic and Social Progress Per capita income in India has more than doubled to ₹1.97 lakh in approximately nine years. The Indian economy has grown from the 10th…
What is the Economic Survey? Annually, the Ministry of Finance releases the Economic Survey of India, which is typically presented in Parliament the day prior to the Union Budget. The…
