E-commerce is defined as virtual selling-buying of goods via electronic medium without physical initiation between seller and buyer. Issues and need for e-commerce policy: Smoothen out taxation glitches...
Agricultural extension is the process of providing informal advice to the farmers so that they can improve their income by changing farming methods, cropping pattern and input usage...
Differences between Economic Growth and Economic Development Economic growth is a narrow concept (It studies only increase in real per capita income) while economic development is a broad...
Hint: The main characteristics of a developing economy are: Low per Capita Income; Slow Growth Rate of Per Capita Income; Economic Inequalities; Low Level of Living; Low Rate...
Food processing industry provides a significant possibility to achieve the twin goals of inclusive growth and food security. Significance: Enables crop diversification and improved revenue for farmers. Increases...
Model Answer: Idea of planned economy was first crystallized in 1930s when our national leaders came under the influence of socialist philosophy. India’s Five year plans were very...
Indian Railways is a lifeline of the nation. It provides affordable transport to poor passengers and carries 40% of freight traffic. Challenges in infrastructure creation: Lack of budgetary...
The Agriculture sector requires robust R&D to improve livelihoods, by raising yields and quality. Therefore, there is a need for the following measures: Liberalising salary structures and promotion...
Model Answer: The tax reforms in India began with the Chelliah Committee recommendations and later on, government appointed the Vijay Kelkar Committee in 2002 which further provided direction...
Livestock farming is practiced by 60% of the rural population. It acts as a secondary source of income for farmers. It is one of the major contributors of...
