These trivia about role of agriculture in Indian Economy is from Economic Survey 2013-14, so the data given below is latest from government sources and hence, relevant. We have compiled it for benefit of fellow
Economic Planning is a term used to describe the long term plans of government to co-ordinate and develop the economy with efficient use of resources. Economic planning in India was stared in 1950 after independence,
Reserve Bank of India Establishment: The Reserve Bank of India was established in 1935 under the provisions of the Reserve Bank of India Act, 1934 in Calcutta, eventually moved permanently to Mumbai. Though originally privately
Price Indices in India - An Overview There are three major indices used in India for comprehensive assessment of prices and production. (WPI) Wholesale Price Index in India In India, the Wholesale price index (WPI)
What is Inflation? Inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency
National income estimates are the most reliable macroeconomic indicators of an economy. Therefore, it is essential for students to be aware of National Income Concepts. Changes in national income measure the rate of growth of the economy. Similarly,
India is a developing country and our economy is a mixed economy where the public sector co-exists with the private sector. For an overview of Indian Economy, we should first go through the strengths of