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India is surrounded by the hostile neighbors. The need for defence of its borders has been on priority since independence. For this purpose defence production has to be upgraded to make it at par with the military power of other countries. The Long-term Integrated Procurement Plan of the...
Persistent link: https://www.econbiz.de/10014119752
The talk of bank consolidation first started in the early nineties when the Narasimham committee recommended that there should be three or four big banks, led by SBI, to create global-sized banks, followed by national banks with a countrywide presence and then local and rural banks. Public...
Persistent link: https://www.econbiz.de/10014123612
Poor people are the most vulnerable to shocks arising from sickness, accidents, death or loss of assets due to natural calamities and riots, etc. Micro insurance is the protection of such low-income people against specific perils in exchange for regular premium payments proportionate to the...
Persistent link: https://www.econbiz.de/10012949288
The last four years have seen India make tremendous strides on the ease of doing business. India has climbed to a global rank of 77, out of 190, in the latest report and was also recognised as a top improver for a second consecutive year, a distinction achieved by only nine other countries in...
Persistent link: https://www.econbiz.de/10012861021
The buzz word digital marketing has mushroomed the market of customers to make the purchase online. With the coming up of unprecedented COVID-19 circumstances have completely changed. The customers now look for those products that are readily available on an online platform instead of physically...
Persistent link: https://www.econbiz.de/10014084244
The COVID-19 pandemic is the greatest global humanitarian challenge the world has faced since World War II. India’s effort to combat COVID-19 virus has been praised over the globe. However, the lockdown came with an economic cost and cascading impact on all the sections of society. This had a...
Persistent link: https://www.econbiz.de/10014084245
Introduction of GST on July 1st, 2017 was the biggest tax reform in India. GST is applicable on almost all goods and services that one can think of however so far petroleum products i.e. petrol, diesel, jet fuel and natural gas have not been brought under the ambit of GST so as to maintain the...
Persistent link: https://www.econbiz.de/10014107309
India was one of the few countries which were not impacted because of the 2008 crisis. Though we faced some trouble in the following years but at that point of time also we were much better than many European nations. However that incident made an impact on the psychology of the Indian Youth....
Persistent link: https://www.econbiz.de/10012988943
Whenever we think of waste, we think only in terms of garbage or solid/semi-solid waste and not anything else. In the last ten years, e-waste has become a global issue. India too generates a large quantity of electronic waste i.e. e-waste every year. Sadly e-waste is something which does not get...
Persistent link: https://www.econbiz.de/10012890223
Disinvestments have often been used by the governments as a means to shore up receipts and reduce the fiscal deficit. Disinvestment refers to the sale of shares of Public Sector Undertakings (PSUs) by the government. Divestment or disinvestment means selling a stake in a company, subsidiary or...
Persistent link: https://www.econbiz.de/10014356458