However, several challenges and impediments hindered the sustained growth of the manufacturing sector. Here are key challenges
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Economy Notes
The achievements of planning span diverse domains, from urban development and infrastructure to economic growth and social welfare.
Economy Notes
History of Planning in India: First and Second Five-Year Plans – UPSC Economy Notes
by Edukemy Team
The history of planning in India is deeply intertwined with the nation’s journey towards economic development and self-sufficiency.
The financial resources allocated for the Five-Year Plans in India were drawn from various sources: Gross Budgetary Support (GBS)
Planning goals in India have been instrumental in shaping the socio-economic landscape of the nation, providing a roadmap for development and progress since independence
A mixed economy is an economic system that incorporates elements from both market economies and planned or socialist economies.
The history of economic planning in India is a narrative deeply intertwined with the country’s journey towards development and self-sufficiency.
In the World Development Indicators, all 189 World Bank member countries, alongside 28 others with populations exceeding 30,000, are categorized by income level and geographic region for presenting key statistics.…
Economy Notes
Developed, Developing, and Least Developed Countries – UPSC Economy Notes
by Edukemy Team
Developed countries boast high levels of income, advanced technological infrastructure, and robust social welfare systems
The Purchasing Power Parity (PPP) principle asserts that currency fluctuations achieve balance when their buying power is equal in both nations