Indian Economy

The history of insurance in India goes back to several thousand years. Insurance has its roots in the following works – Manusmrithi (written by Manu), Dharmashastra (written by Yagnavalkya), and even Arthashastra (written by Kautilya). These works speak of the pooling of resources that can be distributed in times of need or calamities like fire […]

Infrastructure and economic development are responsible for the overall development of any country, and therefore, several policies have been initiated by the government of India to ensure growth. Infrastructure and economic development always go hand-in-hand. This article will see how the infrastructure sector has evolved through the years to support India’s economic growth. The establishment

The Micro, Small and Medium Enterprise Development Act, 2006 is a law passed by the Indian Parliament. According to this act, any customer who fails to deliver payment to MSMEs within agreed-upon terms or within 45 days maximum will be responsible for paying monthly interest amount at three times the lending rate notified by the

Industrialization is the period of social and economic growth that transforms a human group from an agrarian civilization to an industrial society. This needs considerable economic reform in order to enable production. Industrialization has traditionally been associated with the expansion of polluting industries that rely heavily on fossil fuels; however, with a growing focus on

Introduction: In the financial world, disinvestment refers to the act of selling or liquidating assets. Disinvestment is the process through which a government’s share in a PSU (Public Sector Undertaking) is reduced to a minimal level. It enables the transfer of the government’s massive public debt of public sector enterprises to the private sector. The

The Indian tax structure is important because it is the largest source of income for the government of India. The projects for the development of the nation are done with the help of money collected from the taxes. The Indian tax structure has a three-tier federal system. The tax structure consists of the central government,

Introduction Indian Fiscal policy is a guiding force that helps the Indian government to decide how much money they should spend to provide support to all the economic movements and with that the amount of revenue that must be earned through this system, which helps to keep the economic wheels running smoothly. In recent conditions,

Introduction Capital market is the common term in which business enterprises, companies, and governments all have involvement which can raise the long-term funds and in which both equity and debt securities are the major parts of the financial system. Here the buyers and sellers all are involved and all the financial securities such as bonds,

The government in every country frames its economic policies each year to alleviate the economy. These economic policies require careful consideration of various factors to derive the optimum results for the economy. The consideration of employment and household income is crucial to studying economic growth. The government’s economic policies can be classified into two- fiscal

This producer can set the price for its product and keep all the profits. It is a disadvantageous market structure as it limits the number of sellers and causes long waiting times for customers. There are two primary forms of market determination in monopolising the market in monopoly competition: price leader and price taker. The