India’s Economic Landscape: The Significance of Export and Import in the Planning Period In the intricate tapestry of India’s economic development, the dynamics of export and import play a pivotal role. As we delve into the nuances of the planning period, it becomes evident that these two facets are not just numbers on balance sheets; […]
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Vision and Strategy for India’s Twelfth Plan India, a diverse and vibrant nation, is at the cusp of its 12th Five Year Plan, a crucial period that lays the foundation for progress and development. In this blog post, we delve into the vision and strategy that will shape the trajectory of India’s growth over the
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India’s Macroeconomic Stabilization Post-1991 Reforms Introduction In the early ‘90s, winds of change swept through the Indian economy, bringing about a transformation that would reshape the nation’s economic landscape. The liberalization, privatization, and globalization policies introduced in 1991 marked a pivotal moment, heralding a new era of economic reforms. As India embraced these changes, the
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Economic Crisis of the Early 1990s in India In the early 1990s, India found itself at the crossroads of economic uncertainty, grappling with a crisis that would reshape its financial landscape. This tumultuous period marked a significant turning point, leading to a series of reforms that aimed to revitalize the economy. Let’s delve into the
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An Appraisal of the Planning Process in India The planning process in India is a complex tapestry woven with the threads of ambition, challenges, and the diverse aspirations of a billion people. As we delve into the heart of this labyrinth, it becomes evident that the planning process plays a pivotal role in shaping the
Targets and Triumphs of India’s Five-Year Plans In the grand tapestry of India’s developmental journey, the Five-Year Plans stand as a testament to the nation’s commitment to progress. Spanning several decades, these ambitious blueprints have charted the course for economic growth, social justice, and infrastructure development. In this exploration, we delve into the targets and
Demonetisation: On November 8, 2016, the government demonetised two largest denomination notes, ₹ 500 and ₹ 1,000 with immediate effect and thus, they ceased to be legal tender. At one fell stroke, 86 per cent of the cash in circulation (amounting to ₹ 15.44 lakh crore) was thereby rendered invalid. These notes were to be
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Unveiling India’s Battle Against Black Money: Government Policies and Strategies Introduction: In the complex landscape of India’s economic challenges, the issue of black money has long been a cause for concern. Black money refers to income that is not declared for tax purposes and is often obtained through illegal means. Recognizing the detrimental impact of
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Causes of Black Money in India Introduction: In the vibrant tapestry of India’s economic landscape, the shadowy realm of black money casts a lingering cloud. While the term might sound ominous, black money refers to income that is not reported to the government, escaping the tax net. Table of Contents Tax Evasion Culture: At the
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Definition of Black Money: Black money in India refers to income that’s earned through illegal means or undisclosed transactions, evading taxation. It’s the clandestine cash circulating outside the official financial system. This unaccounted wealth undermines the economy, hindering development and creating disparities. Curbing black money remains a priority for the government, with measures like demonetization
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