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The entrepreneur, term coined by European economist Richard Cantillon in 1755, through his enterprise helps in employment generation, generating national income, dispersal of economic power, balancing regional development and in harnessing youth vigour. It is also defined as ‘the ability of...
Persistent link: https://www.econbiz.de/10011127627
Today, some 1.1 billion people in developing countries have inadequate access to water, and 2.6 billion lack basic sanitations. These twin deficits were rooted in institutions and political choices, not in water’s availability. Household water requirements represent a tiny fraction of water...
Persistent link: https://www.econbiz.de/10011127641
A tribal economy is always characterized by the collection of their social, institutional, technological and finally economic arrangements through which the community seeks to enhance their material and social well-being. They have little knowledge and little power to influence the direction of...
Persistent link: https://www.econbiz.de/10011127654
The impact of India’s economic reforms on economic performance has been the subject of much academic study and public debate in India, but the focus has been largely on the performance of the economy as a whole or of individual sectors. The performance of individual states in the post-reforms...
Persistent link: https://www.econbiz.de/10011127657
An overview of the process of urbanization in the State of Arunachal Pradesh during the last two decades brings out the inadequacy of the existing institutional structure in managing urban centers in the “borderless” world of today. These institutions are noted to have least capacity to deal...
Persistent link: https://www.econbiz.de/10011127672
If one traces the changes in India's economic policies over the last five decades, they bear the imprint of changing geopolitical dynamics. While India's policy makers often couch their agendas in ideological terms, in reality the economy has been steered by the ruling elite to their economic...
Persistent link: https://www.econbiz.de/10011127689
India is adding 40 million people to its middle class every year. Growing at the current rate, a majority of Indians will be belonging to the middle-class by 2025. Apart from this burgeoning middle class in the country, the economy growth seemed to have touched the lives of the poor also....
Persistent link: https://www.econbiz.de/10011127713