In order to bridge the gap between the “Irrigation Potential Available” and “Actual Utilization of theses Resources”, the government of India launched the initiative called Command Area Development Programme (CAD) in the year 1974 with the funding from World Bank. With agriculture being a critical sector for the country’s economy and the majority of the …
India’s Panchayati Raj system represents one of the world’s most ambitious experiments in grassroots democracy and decentralised governance. This three-tier local government structure has fundamentally transformed rural India by bringing decision-making power closer to the people and enabling communities to participate directly in planning and implementing development programs. The integration of Panchayati Raj institutions with …
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The Integrated Rural Development Programme (IRDP) is a major government initiative launched to promote sustainable and inclusive development in rural areas. With more than 70% of India’s population residing in villages, IRDP plays a pivotal role in tackling poverty, unemployment, and social inequalities by providing essential infrastructure, basic services, and economic opportunities to rural communities. …
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Five Year Plans in India are a series of social and economic development plans that were implemented by the government of India. The plans are formulated for a five-year period and aimed to achieve specific objectives related to the growth of the Indian economy. In this blog, we’ll discuss the history, objectives, achievements, and criticisms …
Rural settlements refer to the places where people live in villages and engage primarily in agriculture, animal husbandry, or other primary activities. In India, rural settlements are shaped by various physical, economic, cultural, and historical factors, resulting in a wide diversity of types, patterns, and morphological features. 1. Types of Rural Settlements Based on location, …
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India’s journey from a predominantly agrarian economy to a global information technology powerhouse represents one of the most remarkable transformations in modern economic history. The rapid development of communication and information technology (ICT) infrastructure has not only revolutionized business practices but has fundamentally altered social structures, governance mechanisms, and economic opportunities across the subcontinent. This …
India’s journey into space exploration represents one of the most remarkable transformation stories in modern science and technology. From launching its first rocket from a bicycle to becoming a global space power capable of interplanetary missions, the Indian Space Research Organisation (ISRO) has consistently demonstrated that innovation and determination can overcome resource constraints. The Visionary …
Export Processing Zones (EPZs) are specially designated areas within a country that offer favorable conditions for manufacturing and exporting goods. These zones are developed to promote export-oriented industries, attract foreign investment, boost employment, and increase the country’s foreign exchange earnings. What are EPZs? Export Processing Zones (EPZs) are specially designated areas within a country where …
Trade balance, also known as the balance of trade (BoT), is a critical economic indicator that represents the difference between a country’s total exports and imports of goods and services over a specific period. It reflects a nation’s economic health, production efficiency, and global competitiveness. A positive trade balance indicates a trade surplus (exports > …
Trade policy is an essential aspect of any country’s economic strategy, and India has been actively working on its trade policies to boost its domestic growth and international trade relations. In this article, we will discuss India’s trade policy, its impact on the economy, and the challenges that the country needs to overcome to improve …