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Food Industry

Food processing and related industries in India- scope and significance, location, upstream and downstream requirements, supply chain management. Which items constitute the food processing Industry in India? India’s food processing sector covers fruit and vegetables; spices; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like…

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Technology Missions and Animal Rearing

Technology Missions and Animal Rearing In 1987, Prime Minister Rajiv Gandhi appointed Sam Pitroda advisor to the Prime Ministor on National Technology Missions. Together, Pitroda and Gandhi decided these missions would focus on five critical areas: 1. Drinking water 2. Immunizations 3. Literacy 4. Oil seeds 5. Telecommunications They later added a sixth:    …

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Governmental Budgeting

Governmental Budgeting Evolution of Budgeting Government budgeting is the critical exercise of allocating revenues and borrowed funds to attain the economic and social goals of the country. It also entails the management of government expenditures in such a way that will create the most economic impact from the production and delivery of goods and services…

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Inclusive Growth

Inclusive Growth Inclusive Growth has become a central idea in development. Based on an equality principle, Inclusive Growth comprises both outcomes and processes, involving participation and benefit-sharing. The concept of Inclusive Growth must be traced back to post World War II development theories, when it was thought that development followed a pre-determined path. The idea…

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Indian Economy and issues relating to planning

Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment History of Indian Economy The history of Indian economy begins with the dawn of Indus Valley civilization which flourished between 3500 BC and 1800 BC. The Indus civilization’s economy appears to have depended significantly on trade, which was facilitated by advances…

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Economic Reforms Part- 1

Economic Reforms The strategy of reforms introduced in India in July 1991 presented a mixture of macroeconomic stabilization and structural adjustment. It was guided by short-term and long-term objectives. Stabilization was necessary in the short run to restore balance of payments equilibrium and to control inflation. At the same time changing the structure of institutions…

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