Indian Economy

As per the study based on the Economic Planning-Nehru-Mahalanobis Model, it is obvious that the Indian government led by Jawaharlal Nehru in 1955 implemented the planning to construct a positive economic model that follows the next five years of economic development. According to the study based on the Economic Planning-Nehru-Mahalanobis Model, it is obvious that […]

From the beginning of 1947, India is underlined with economic planning for every five years. Economic planning for a country is important to ensure the development and growth of the country. The first economic plan named the first five-year plan was launched in India in the year 1951. Every five-year plan is generally developed and

One of the important things that have happened in the financial environment of the country is the rapid growth of Development Banks. Development Banks unlike regular banking institutions focus on the provision of medium and long-term finance. An important aspect of the working of these banks is that they encourage private entrepreneurs by supplying long-term

Cooperative banks in India (like elsewhere in the world) are institutions that are set up on cooperative banks that do normal banking activities. Like the normal banks, these banks also collect funds in the form of shares, accept deposits, and give out loans. The cooperative banking system was set up in India with the aim

The Comptroller and Auditor General of India is the highest authority for external and internal audits of the national and state government’s expenditures. It is known as the CAG in India. This page will give a basic overview of the CAG’s office and what it does.   The Comptroller and Auditor General of India have the

By the economy of a country, we mean the position it holds wealth-wise. The Indian economy helps us to understand how India is doing in matters of income, investment, profit, production, and consumption. An in-depth study on all these matters gives us an insight into India’s incomes, resources, utilities, business, and services. India has a still

There are different causes of economic problems. Mainly, economic problems arise in every economy due to limited resources, unlimited wants, and alternative uses of resources. The economy fluctuates due to the disposal of goods and services of a company. If we closely observe, the central problem of an economy deals with the allocation of its

Effectiveness of a nation’s financial policy and resource management lies upon the aspect of an effective budget planning that ensures the efficiency in usage of money and resources and productive allocation that regulates and governs the economical aspects associated with various sectors of products and services that generates a sustainable source of income. Budget planning

In business, there are many different types of banking instruments that can be used to help manage and grow your company. One of the most popular instruments is the Vostro account. A Vostro account is a type of corporate bank account that is offered by many banks around the world. It is typically used by

Banking instruments are those devices or instruments which help do banking activities. Here banking activity means transaction of cash, sending and receiving money nationally or internationally, by online or electronic process, the process of lending money and any other activity that includes that bank. These banking activities involve many types of instruments and those are