"Economic Objectives Of Planning In India" Essays and Research Papers

Economic Objectives Of Planning In India

ENGINEERING (CIVIL) TOWN AND COUNTRY PLANNING - I SEMESTER - I Planning Commission of India SUBJECT (CODE) Submitted by: Lukhi SIddharthkumar S | Roll No. – 02 | | | | | | | Sejal Bhagat | Himanshu J. Padhya | Faculty In-charge | HOD | (November, 2013) Index 1) Introduction 2) History 3) Frequent Questions regarding planning commission Define: planning commission Submission of planning commission report Planning commission set up? Launching of first...

Five-year plan, Five-Year Plans of China, Five-year plans of India 1477  Words | 6  Pages

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Decentralized Planning in India

What is Sectoral Planning and Spatial Planning? When planning is done with a vision and mission to develop a particular sector only then the plan becomes a Setoral Plan. In Setoral Planning excessive concentration is given in economic activities of the metropolitan regions. In India it has benefitted the growth and development of Metro regions but failed to develop the rural and backward regions. In India 70% of the people live in rural area. To develop India the plan should be made to develop the...

Geography, Planned economy, Planning 1244  Words | 4  Pages

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Marketing Planning Aims and Objectives

Behind the corporate objectives, which in themselves offer the main context for the marketing plan, will lie the "corporate mission," which in turn provides the context for these corporate objectives. In a sales-oriented organization, the marketing planning function designs incentive pay plans to not only motivate and reward frontline staff fairly but also to align marketing activities with corporate mission. The marketing plan basically aims to make the business provide the solution with the awareness...

Management, Marketing, Marketing plan 1980  Words | 6  Pages

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Population planning and control in India

Family Planning Programme in India India is the second most populous nation, after China. United Nations Fund for Population Activities (UNFPA) has worked that such an increase in population will have adverse effect on the existing economic and social condition of our nation. India launched a nationwide Family Planning Programmed in 1952. India is the first country in the world to launch such a programme. A fully-active Department of Family Planning was created at the Centre...

Birth control, Demographic economics, Demography 2274  Words | 7  Pages

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Economic Planning in India

ECONOMIC ENVIRONMENT OF BUSINESS PROJECT ON ECONOMIC PLANNING IN INDIA - Prospects & Retrospect” ANKIT KATARYA Subject: Project study on “Economic Planning in India – Retrospect & Prospects” This is regarding the project done by our group for Economic Environment of Business. In this project study we have tried to go through and take reference from various books, articles and websites. The project study has been done to critically...

Economic growth, Economic history of the People's Republic of China, Economic planning 4721  Words | 18  Pages

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Socio Economic Problems in India

Socio Economic Problems-in India < Back to Archive The socio economic problem in india is over population, economic issue (poverty, sanitation, corruption, Education and violence (naxalism, religious, caste related and terrorism). Socioeconomic factors are the social and economic experiences and realities that help mold one's personality, attitudes, and lifestyle. The factors can also define regions and neighborhoods. Law-enforcement agencies throughout the country, for example, often cite the socioeconomic...

Criminology, Economics, India 756  Words | 3  Pages

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India Economic Indicators

India Economic Indicators   Overall Rating: [0/5]Total Votes [  ]     Rate this page: 1 2 3 4 5 The India economic indicators are essential as they given an accurate status of India's economy at different points of time. Various types of Indian economic indicators are used for various periods of time. There are also indicators which are used for separate administrative divisions such as states. These help us to analyze the Indian economy. Gross Domestic Product of India The gross...

Economic growth, Economic indicators, Economics 846  Words | 3  Pages

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Lesson Objectives and Objective Led Planning

PGCE Business Studies Subject Application Lesson Objectives and Objective Led Planning (SA2) Supporting Analysis 1. My planned sequence of lessons provides for progression across the sequence as a whole by using the AQA exam specification for AS Level and conforming with the statutory guidance. The lesson planning process is vital in order to ensure that pupils can be taught in an effective manner and allow for inclusion of all ranges and abilities. I have planned to assess the baseline...

Assessment, Better, Education 690  Words | 3  Pages

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Planning Facilitates Management by Objectives

Planning facilitates management by objectives. Planning begins with determination of objectives. It highlights the purposes for which various activities are to be undertaken. In fact, it makes objectives more clear and specific. Planning helps in focusing the attention of employees on the objectives or goals of enterprise. Without planning an organization has no guide. Planning compels manager to prepare a Blue-print of the courses of action to be followed for accomplishment of objectives. ...

Better, Forecasting, Future 935  Words | 4  Pages

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Population and Family Planning Policy in India

Population and Family Planning Policy in India Population growth has long been a concern of the government, and India has a lengthy history of explicit population policy. In the 1950s, the government began, in a modest way, one of the earliest national, government-sponsored family planning efforts in the developing world. The annual population growth rate in the previous decade (1941 to 1951) had been below 1.3 percent, and government planners optimistically believed that the population would...

Abortion, Birth control, Demographic economics 1476  Words | 4  Pages

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Objectives of Monetary Policy

Objectives of Monetary Policy The objectives of a monetary policy in India are similar to the objectives of its five year plans. In a nutshell planning in India aims at growth, stability and social justice. After the Keynesian revolution in economics, many people accepted significance of monetary policy in attaining following objectives. 1. Rapid Economic Growth 2. Price Stability 3. Exchange Rate Stability 4. Balance of Payments (BOP) Equilibrium 5. Full Employment 6....

Bretton Woods system, Central bank, Currency 768  Words | 3  Pages

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The Strategic Aspirations of the Reserve Bank of India

STRATEGIC ASPIRATIONS OF THE RESERVE BANK OF INDIA The Reserve Bank of India (RBI) is India's central bank or 'the bank of the bankers'. It was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the RBI, initially set up at Kolkata, is at Mumbai. The RBI is fully owned by the Government of India. The history of the RBI is closely aligned with the economic and financial history of India. Most cen¬tral banks around the world were...

Bank, Central bank, Federal Reserve System 1028  Words | 3  Pages

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Economics Assignment Effect of Commonwealth Games on Indian Economy The Commonwealth Games (CWG) is an international multi-sport event which involves athletes from the Commonwealth of Nations. The Commonwealth of Nations which is referred to as Commonwealth was formerly known as the British Commonwealth which is an inter-governmental organization consisting of fifty-four independent member states out of which two -Mozambique and Rwanda were before a part of the British Empire. The objective of CWG...

2010 Commonwealth Games, British overseas territories, Commonwealth Games 2342  Words | 7  Pages

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Economic Opportunities in India

Economic Opportunities in India 1 Economic Opportunities in the Country of India Sean P. Horton International Business 260 Mr. Russell March 22, 2009 Economic Opportunities in India 2 Abstract While researching the economic opportunities in the country of India, we can see trends, such as that of calls being outsourced to India, signifying a vision of globalization, increased competition and market share. India is poised to become and remain a global competitor in...

Culture, Culture of India, Economics 1920  Words | 6  Pages

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Economic Problems of Pakistan since 1947

Economic Problems of Pakistan since 1947 1. The duration  of economic coordination  in 1947-1953 2. The duration of planning board 1953-1958 3. The duration of powerful planning commission in1958-1968 4. The duration of decline of planning commission in 1968-1980 5. Attempt at revival of planning commission. PERIOD OF ECONOMIC COORDINATION (1947-1953): First of all economic planning development was established in1948. In order to Act as clearing house and to establish economic coordination...

British Empire, Economic planning, Five-year plan 863  Words | 3  Pages

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Economic Changes in India

Economic changes in India Development is not a finite time length television episode but an everlasting phenomenon. It started with the birth of humans and will end with the end of humanity. If the economic history of India is studied it will be noted that India has undergone drastic Economic changes since ancient times. From the barter system to the leading nation in the world the Economy of India has changed a lot indeed. This happened due to a variety of reasons few of them being industrial...

British Raj, Economic development, Economic history of India 741  Words | 3  Pages

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Objectives for Economic Class

MICROECONOMICS LEARNING OBJECTIVES This list of learning objectives sets out what each student should be able to do at the end of the topic coverage. Student success at achieving the objectives depends on class attendance, diligent reading, study, and commitment to the material. Tests will be constructed on the basis of the stated learning objectives. Topic 1: “What is microeconomics about?” 1.1 Understand the basic role of economics in human affairs 1.1.1 Understand the “basic economic problem”

Alfred Marshall, Consumer theory, Economics 1167  Words | 3  Pages

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Objectives of Economic Growth and Development

Objectives of Economic Growth and Development Economic growth is defined by, among other things, material capital formation, human capital formation and the creation of innovation. Put another way, economic growth is determined by the amounts and types of capital and labor that are invested, and how they are utilized for production. The objective of economic growth through economic policy is not necessarily GDP or GNP maximization but maybe enhancing and improving quality of life or other values...

Comparative advantage, Economic development, Economic growth 2109  Words | 6  Pages

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Economic Planning

Types of Economic Planning  Planning by Inducements Planning by inducement is often referred to as ‘indicative planning’  or  ‘market incentives’  . In such type of planning, the market is manipulated through incentives andinducements. Accordingly, in this system there is persuasion rather than compulsion or deliberate enforcement of orders. Here the consumers are free to consume whatsoever they like, producers are free to produce whatsoever they wish. But such freedom of consumption and production...

Economic development, Economic growth, Economic planning 5529  Words | 17  Pages

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Economics of Competition Policy in India: Emerging Issues

Economics of Competition Policy in India: Emerging issues Rajeev C.Bharathan, Background Generally in economics, competition is seen as rivalry among firms for a larger share of the market, which leads to efficiency in production and lower prices for the consumers. Competition can be defined as a process by which cost efficient production is achieved in a structure where entry and exit are easy, a reasonable number of players (producers and consumers are present) and close substitution between...

Anti-competitive practices, Competition, Economic growth 1789  Words | 6  Pages

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1991 India Economic Crisis

------------------------------------------------- 1991 India economic crisis By 1967, India had started having balance of payments problems. By the end of 1990, it was in a serious economic crisis. The government was close to default, its central bank had refused new credit and foreign exchange reserves had reduced to such a point that India could barely finance three weeks’ worth of imports. India had to airlift its gold reserves to pledge it with International Monetary Fund (IMF) for a loan.[1] ...

Balance of payments, Bretton Woods system, Central bank 920  Words | 3  Pages

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Economic History and Current India

ECONOMIC HISTORY AND THE PRESENT SCENERIO OF INDIA There have been recent studies of the entire history of the economy of india where it is possible to ananlyse where india stood its place in past and where it is currently held. Paul Birog made a thorough analysis of Asian countries GDP economic development of 1750-1918 where surprisingly the findings in 1700AD drawn economic statistics of world . China had 32.8% GDP where as as india had 25% . UK at that time had 1.8% GDP along with 1% GDP in...

Democracy, Economic development, Economic history 1066  Words | 3  Pages

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Special Economic Zones (Sez) in India.

Special Economic Zones (SEZ) in India. Introduction A Special Economic Zone in short SEZ is a geographically bound zones where the economic laws in matters related to export and import are more broadminded and liberal as compared to rest parts of the country. SEZs are projected as duty free area for the purpose of trade, operations, duty and tariffs. SEZ units are self-contained and integrated having their own infrastructure and support services.  Within SEZs, a units may be set-up for the manufacture...

Free trade zone, Government, International trade 2312  Words | 7  Pages

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Five Year Plan of India

Exams going to be held shortly. For more details please visit Planning Commission of India's website here Planning Commission (Estb. 1950) In March 1950, Government of India constituted a statutory body with the Prime Minister of India as its Chairman-called the Planning Commission. Pt. Jawaharlal Nehru was the first Chairman of the Planning Commission. National Planning Council (Estb. 1965) It is an advisory body attached to the Planning Commission and was established in 1965. It includes experts...

Economic growth, Economics, Five-year plan 1733  Words | 6  Pages

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Economic Objectives of Land Reform

Economic Objectives of Land Reform land reform  noun    (Concise Encyclopedia) Deliberate change in the way agricultural land is held or owned, the methods of its cultivation, or the relation of agriculture to the rest of the economy. The most common political objective of land reform is to abolish feudal or colonial forms of landownership, often by taking land away from large landowners and redistributing it to landless peasants. Other goals include improving the social status of peasants and...

Agricultural economics, Agriculture, Communism 1318  Words | 3  Pages

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Economic Crisis in India

After India survived the Dotcom bubble in 1997-2000. enthusiastic investment bankers and financial research analysts were tom-toming theIndia–shining “story .They forecasted that India would become a major superpower within the next few decades .They forecasted India to grow at an annual rate of 10 %. Billions got invested into India and the sudden influx of money led to some growth .But certain fundamental questions whether this sort of growth would be sustainable in the long run or not, is the...

Balance of payments, Economics, Foreign exchange market 1163  Words | 3  Pages

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Economic Growth in India Lumbering Elephant or Running Tiger -- Deepak Nayyar

ECONOMIC GROWTH IN INDIA Lumbering Elephant or Running Tiger -- Deepak Nayyar Is the India growth story over? The debate rages as pundits predict India’s growth rate between 5 and 6 percent in 2012-2013. From ‘Time’ magazine to news networks across the world, India’s crimping growth in recent years has become a favourite subject of discussion and debate. Headlines scream – Does India still have a growth story to tell, Who killed the India growth story, What can be done to revive the India growth...

Economic development, Economic growth, Economics 1643  Words | 5  Pages

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Objectives of Islamic Economics

p.2 • Objectives of Islamic Economics o Right of Property p. 3 o The problem if equality p. 3-4 o Social Justice p. 4 • Characteristics of Islamic Economics o Production of Wealth ...

Economic system, Economics, Economy 2100  Words | 6  Pages

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When India attained independence, she was no nation, she was divided into princely states and provinces; she was backward economically, educationally, scientifically and even culturally. It needed men of genius and destiny like Gandhi, Nehru and Patel to knit her into a nation. Since the dawn of independence, we have been striving to solve various problems facing the motherland to make her a united democratic and solvent nation. What we have achieved is praiseworthy, what we have failed to achieve...

Democracy, Five-year plan, Five-Year Plans of China 781  Words | 3  Pages

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India - Economic Analysis

Republic of India GLOBAL MACROECONOMICS Report By: Hina Sharma Executive Summary In this report I will discuss the current state of Economy of the Republic of India, the current economic challenges and recommended policy reforms. Key Findings:         GDP Growth Of India Is Following A Downward Trend Since Q3 Of 2010-11 The Inflation Rate Is Persistent Investment Confidence Of Businesses Is Falling High Fiscal And Budget Deficit Are A Growing Concern High Corruption Is Affecting...

Balance of payments, Balance of trade, Current account 1719  Words | 5  Pages

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Strategic Planning in Marketing

Strategic Planning in Marketing Preface The purpose of the strategic planning is to find ways in which the company can best use its strengths to take advantage of the opportunities in the environment. For long run survival and growth, companywide strategic planning is done which involves defining a company’s mission, setting companies goals and objectives, designing the business portfolio, planning other functional strategies. Marketing Strategies and programs operate within the broader strategic...

Market segmentation, Marketing, Marketing plan 1435  Words | 5  Pages

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Economics and Financial Planning Skills

Assignment 1: Economic Basics (24.0 points) 1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points) I have many things that financial planning skills can help me but I have to two that I want to talk about on this question. One thing that financial planning skills can help me with is to get my money together for college. Having financial planning skills can help me...

Competition, Economic system, Economics 771  Words | 3  Pages

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Regional Income Disparities in India

Disparities in India INTRODUCTION Regional disparities in the level of economic growth experienced in India is a major challenge for policy makers and planners, as it produces serious threat to the socio-political harmony of the country. States have experienced different pace of economic growth, with some states showing fast progress and others languishing behind, although the national growth has been remarkable for the past two decades. Like the national planning the regional planning also has the...

Economic development, Economic growth, Economics 1061  Words | 3  Pages

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Planning in India

“Five Year Plans of India” RAVI RANJAN SINGH AND GROUP Members Of Planning Commission Of India  Chairman  Deputy Chairman  Member Secretary - - Dr. Manmohan Singh (Prime Minister) Shri Montek Singh Ahluwalia Ms Sindhushree Kullar 2 Why to Plan ??? After independence, India was in dire conditions and needed to start acting soon Some of the problems necessitated need for an immediate plan: Vicious circle of poverty Foreign Trade Need for Rapid industrialization ...

Agriculture, Economics, Five-year plans of India 2650  Words | 24  Pages

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Economic Survey of India

Economic Survey of India 2013 Highlights The Economic Survey 2013 says that foreign exchange reserves were steady at $295.6 billion at December 2012 end. Fiscal deficit may be at 5.3%, possible that Chidambadarm may bring it down to 5.2%, committed to controlling fiscal deficit. Food inflation was mainly driven by cereal prices. Diesel price hike will put upward pressure on inflation. The Survey also said that the economic slowdown is a wake up call for stepping up reforms. Here are the other...

Economics, Inflation, Keynesian economics 709  Words | 3  Pages

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National Institution for Transforming India, NITI Aayog: Overview

NITI Aayog or National Institution for Transforming India Aayog is a policy think-tank of Union Government of India that replaces Planning Commission of India and aims to involve the states in economic policy-making in India. It will be providing strategic and technical advice to the central and the state governments. Prime Minister of India heads the Aayog as its chairperson.[1] Union Government of India had announced formation of NITI Aayog on 1 January 2015.[1][2] There are couples of things...

Cabinet, Government, Government of India 2275  Words | 8  Pages

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India Super Growing Economic Power

India super growing economic power Submitted by: MUHAMMED FAZAL K Preface India is a new emerging economic power in the world. Though the 21st first decade saw a global level financial crisis, India didn’t wilt under its pressure due to it’s the Government’s progressive policies and full-fledged reforms. Particularly, nationalization and liberalisation were the real saviors of India from the recession. Also, the national sectors and global raid helped to maintain the economy in proper way. ...

Economic growth, Economics, Economy 1498  Words | 5  Pages

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Rural Development in India

Development In India India has been a welfare state ever since her Independence and the primary objective of all governmental endeavors has been the welfare of its millions. Planning has been one of the pillars of the Indian policy since independence and the country’s strength is derived from the achievement of planning. The policies and programmes have been designed with the aim of alleviation of rural poverty which has been one of the primary objectives of planned development in India. It was...

Panchayati raj, Poverty, Rural 1416  Words | 4  Pages

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in the definition of the meaning and purpose of human existence. The Axioms and Dogma have an impact on our practical activities as profound as those felt elsewhere in our lives. Among the more significant of those practical activities are our economic pursuits and in particular, how we provide for our material needs. The process by which we produce our food, shelter, clothing, tools and all the material goods which sustain us and make the wider cultural and philosophic aspects of our lives possible...

Ecological economics, Economic growth, Economics 1794  Words | 5  Pages

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10th Five Year Plan of India

Five Year Plan of India – 2002 - 2007 The Tenth Five Year Plan India(2002-2007) aims to transform the country into the fastest growing economy of the world and targets an annual economic growth of 10%. This was decided after India registered a 7% GDP growth consistently over the last decade.  This GDP growth of 7% is much higher than the world's average GDP growth rate. Thus, the Planning Commission of India sought to stretch the limit and set targets which would propel India to the super league...

Economic growth, Economics, Gross domestic product 432  Words | 3  Pages

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Economic Growth Comparison Bangladesh and India

Pattern and Sources of Economic Growth, comparison between Bangladesh and India. Introduction: GDP (Gross Domestic Product) is indicator of a nation’s economic Growth- Measured by the market value of all officially recognized final goods and services produced within a country in a given period. Through GDP growth we can measure the economic growth, especially very much useful indicating tools for measuring growth in the least developed countries (LDCs), like Bangladesh, Haiti, Samoa, Afghanistan...

Balance of payments, Current account, Economics 1593  Words | 5  Pages

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India a Global Economic Super Power

India is poised to take over the developed countries to emerge at the top of the heap in the global economic superpower league by 2030, says a survey.More than half of the respondents (53 per cent) of a survey commissioned by London-based independent think-tank Legatum Institute said India is likely to be the world's most important economic power by 2030.According to the respondents of the survey, India is now on course to outstrip developed nations such as -- the United States, Japan, Germany and...

Developing country, Development, Economics 1321  Words | 4  Pages

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FDR's Economic Planning and Policies

efficiently. During the weeks preceding Roosevelt's inauguration, the country was engaged in an economic crisis that was quickly spiraling downward. Banks failed, people panicked, and the nation looked to someone, anyone, for help. Hoover, sensing the country's desperation, but realizing his lack of power, and the feelings of resentment towards him, looked to Roosevelt. He asked the president to join in economic planning, support policies, and most importantly to reassure the nation. When Roosevelt became...

Federal Emergency Relief Administration, Franklin D. Roosevelt, Great Depression 1354  Words | 4  Pages

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Five Year Plans of India

Year Plans in India Five Year Plans India at the time of independence was left with crippling economy by British, which needed attention and well planned strategies to boom again in the global market. The pioneers of the Indian government at then times formulated 5 years plan to develop the Indian economy.  The five years plan in India is framed, executed and monitored by the PlanningCommission of India. Jawahar Lal Nehru was the chairman of the first PlanningCommission of India.  The duty...

Agriculture, Demography, Economics 923  Words | 4  Pages

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Agriculture Finance in India


Agricultural economics, Agriculture, Bank 957  Words | 5  Pages

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Foreign Exchange and Economic Developement-India

Foreign Exchange and Economic Development   Foreign Exchange and Economic Development Introduction In the past two decades India has transformed itself successfully from a rigid centrally-planned economy to an increasingly open and market-oriented economy, with GDP growing at an annual average rate of nearly 10%. The path and forms that India took to transform its economy were far from conventional. India’s reform centred on improving incentives, hardening budget constraints and...

Bretton Woods system, Central bank, Currency 1444  Words | 5  Pages

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Generations of Economic Reforms in India

Generations of economic reforms- 1st Generation Reforms (1991-2000): 1) Promotion of private sector De-reservation De-licensing Abolition of MRTP limit Abolition of the compulsion of the phased-production and conversion of loans into shares Simplifying environmental laws 2) Public Sector Reforms Disinvestment Corporatisation 3) External Sector reforms Abolition of quantitative restrictions on imports Floating currency regime of exchange rate Full current account convertibility ...

Bank, Banking, Economics 999  Words | 5  Pages

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economic system

An economic system in which economic decisions are made by the state or government rather than by the interaction between consumers and businesses. Unlike a market economy in which production decisions are made by private citizens and business owners, a centrally planned economy seeks to control what is produced and how resources are distributed and used. The production of goods and services is undertaken by state-owned enterprises. Centrally planned economies assume that the market does not work...

Capitalism, Economic system, Economic systems 1060  Words | 3  Pages

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Economic Environment in India

ECONOMIC ENVIRONMENT OF INDIA Section – A I. Economic Environment : Meaning, Factors affecting Economic Environment, Basic Features of Indian Economy, India in World Economy. Economic Policies : Agriculture Policy, Industrial Policy, Commercial Policy & Fiscal Policy. Economic Planning : Meaning, Importance, Objectives & Techniques of Planning. II. III. Section – B I. Significance of Agriculture in Indian Economy and New Agriculture Strategy. Agriculture Finance (specially Kisan Credit...

Agriculture, Economic development, Economic growth 9574  Words | 41  Pages

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Economic Objectives of Indiviuduals, Firms and Government

The economic objectives of individuals, firms and government. Economic Objectives of Firms Profit maximization Profit maximization is the process of obtaining the highest possible level of profit through the production and sale of goods and services. Profit is the difference between the total revenue a firm receives from selling output and the total cost of producing that output. Profit-maximization means that a firm seeks the production level that generates the greatest difference between...

Economics, Inflation, Keynesian economics 1061  Words | 4  Pages

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M.M Institute of Management MAHARISHI MARKANDESHWAR UNIVERSITY MEGHA MALIK Address: H.No. 532R Model Town, Yamuna Nagar (Haryana)135001 Email: malikmegha89@gmail.com Contact no: 9996154702, 9466247264 |Career Objective | To reach a responsible and challenging position in an esteemed organization that will allow to utilize educational and...

Haryana, India, Management 317  Words | 3  Pages

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Planning in India

Planning in India RICHARD S. ECKAUS MASSACHUSETTS INSTITUTE OF TECHNOLOGY introduction Indian planning is an open process. Much of the controversy and the debates that accompany the preparation of the plans are public. The initial aggregate calculations and assumptions are either explicitly stated or readily deducible, and the makers of the plans are not only sensitive but responsive to criticism and suggestions from a wide variety of na- tional and international sources. From original...

Capital accumulation, Economics, Five-year plan 28024  Words | 126  Pages

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PLANNING Thinking and looking ahead Process of establishing objectives and appropriate courses of action before taking action Why plan? To be: a. EFFECTIVE – being able to realize the objectives - “doing the right thing” b. EFFICIENT – being able to spend the least amount of resources in realizing the objective - “doing things right” TYPES OF PLANS: 1. Strategic Plan - focused on the entire organization - top management formulates the objectives ...

Employment, Management, Object 363  Words | 3  Pages

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Nature and Objectives of Economic and Monetary Union

I. Nature and objectives of economic and monetary union Economic and Monetary Union (EMU) is an advanced stage of economic integration, which is characterized by the implementation of a common currency and economic policy at EU level and logical complements the creation of the single market. Can be defined six stages of economic integration: 1. Preferential Trade Area (with reduced customs tariffs between certain countries) 2. Free Trade Area (no internal tariffs on some or all goods between...

Central bank, Currency, Euro 1301  Words | 4  Pages

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Strategic Planning

Introduction Strategy is a series of plans and decisions developed to enable a company to reach goals and settle objectives. All organisations have a set of objectives that they are aiming to achieve and this is the case whether the organisation is small, large, profit seeking or not. Virtually every organisation will have a set of objectives that will require some form of strategic planning in order to achieve. Strategic Management as a whole is a complicated web of different schools of theorists...

Economics, Hoshin Kanri, Management 1273  Words | 4  Pages

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Liberalisation, Privatisation and Industrialisation in India

globalisation was first introduced by Adam Smith, the father of modern economics in the year 1776 through the book titled, “Wealth of the Nations”, and since then the globalisation has been liked yo-yo. In the days of yore, British, Chinese, Indians and Mughals were involved in global business. The Chinese used to sell silk to the world and buy dynamites. The British used to come to India to buy condiments and in return India used to buy ammunition. So, the point is that - globalisation is not a...

Bretton Woods system, Economics, Economy 1778  Words | 5  Pages

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India - Progress in Science & Technology

science and technology (S&T) in India is over 5,000 years old. A renaissance was witnessed in the first half of the 20th century. The S&T infrastructure has grown up from about Rs. 10 million at the time of independence in 1947 to Rs. 30 billion. Significant achievements have been made in the areas of nuclear and space science, electronics and defence. The government is committed to making S&T an integral part of the socio-economic development of the country.  | | India has the third largest scientific...

Indian Space Research Organisation, Nuclear fission, Nuclear power 1505  Words | 5  Pages

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Federalism in India

Two Federalism is a basic feature of the Constitution as held by the Supreme Court in S.R. Bommai vs. Union of India (1994) case. It tested for the first time the presidential notification under Article 356 on the touchstone of the basic structure doctrine. Earlier, only constitutional amendments were put to such a test. The Supreme Court has accepted among such decisions that India is a quasi-federal state because the Union has been given many overriding powers over the states. The most extreme...

Constitution, Federal government of the United States, Federalism 946  Words | 3  Pages

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Aims and objectives

Aims and objectives Aims The users for whom actuarial information is created can place a high degree of reliance on its relevance, transparency of assumptions, completeness and comprehensibility, including the communication of any uncertainty inherent in the information. Actuarial information addresses the needs of its users, is of high quality and supports good governance if it is: relevant, transparent and complete; and communicated comprehensibly. Relevant actuarial information makes effective...

Actuary, Reliance Industries, Reliance Petroleum 692  Words | 3  Pages

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Unemployment in India

work at the prevailing wage but is unable to find the job. India, with a vast population of over 2 billion individuals, is facing the biggest problem of the century in the form of unemployment of worthy and productive citizens. Our country is set to be progressing by leaps and bounds in the matter of economy but this progress is low sided that the net results is the sharp increase in the number of unemployed. Population of our country India is increasing day by day. It is the second highest populous...

Agriculture, Economics, Economy 1764  Words | 5  Pages

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