Tag Archives | Economy

Hurdles faced by the Finance Minister’s of India to lower the Fiscal Deficit below 3-4% of the GDP

Hurdles faced by the Finance Minister's of India to lower the Fiscal Deficit below 3-4% of the GDP!

Although reduction of fiscal deficits was one of the major objectives of the reform process, a review of the fiscal deficits of both the centre and state reveals that after remaining subdued at a moderate level, fiscal deficits again became larger towards the close of nineties.

By |2013-08-21T01:28:07+00:00August 21, 2013|Education|Comments Off on Hurdles faced by the Finance Minister’s of India to lower the Fiscal Deficit below 3-4% of the GDP

What Ails India’s Road Transport Economy?

Get the answer of: What Ails India's Road Transport Economy?

Road transport is the life-line of any economy. It has grown as a prominent system of transportation of goods and services in the country.

By |2013-08-21T01:26:53+00:00August 21, 2013|Education|Comments Off on What Ails India’s Road Transport Economy?

How are resources allocated in free market economy?

How are resources allocated in free market economy ? In a free market economy resources are privately owned, the decisions regarding what to produce or how much to produce, how to produce and for whom to produce..

By |2011-06-27T10:41:06+00:00June 27, 2011|Economics|Comments Off on How are resources allocated in free market economy?

Why Indian Economy is regarded an Underdeveloped Economy?

Why Indian Economy is regarded an Underdeveloped Economy? An underdeveloped economy is defined as an economy which has got unexploited natural resources and unutilized human resources. In other words, it is an economy, having a potentiality to grow.

By |2011-06-22T09:55:36+00:00June 22, 2011|Economics|Comments Off on Why Indian Economy is regarded an Underdeveloped Economy?

What is the Impact of Green Revolution on Indian Economy?

The green revolution has two types of effects on Indian economy, namely, (a) economic effects and (b) sociological effects. The new technology was successfully implemented in the wheat-producing belt of the country whereas the rice..

By |2011-06-22T08:12:23+00:00June 22, 2011|Economics|Comments Off on What is the Impact of Green Revolution on Indian Economy?

Deficient demand! How does it produce depression in the economy?

Deficient demand! How does it produce depression in the economy? Deficient demand refers to the situation when aggregate demand for goods and services falls short of aggregate supply of output which is produced by fully employing the given resources of the economy.

By |2011-06-18T15:22:24+00:00June 18, 2011|Economics|Comments Off on Deficient demand! How does it produce depression in the economy?

Essay on the globalization of Indian Economy

The concept of 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.

By |2011-05-13T14:03:00+00:00May 13, 2011|Essay|Comments Off on Essay on the globalization of Indian Economy
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