Make in India certificate is mandatory for MSME to participate in Government tenders

Indian Economy

Make in India certificate is now mandatory for MSMEs to participate in Government tenders as the Government encourages Manufacturers and service providers through various schemes and policies. The focus of the Make in India programme is on 25 sectors. These include automobiles, automobile components, aviation, biotechnology, chemicals, construction, defence manufacturing electrical machinery, electronic systems, food…

Startup India for driving innovation and economic growth

Indian Economy

The government of India recognises the importance of startups in driving innovation and economic growth. The Government departments related to various ministries have introduced schemes to provide financial, infrastructural, and regulatory support to startups. The startup schemes cover sectors like technology, manufacturing, agriculture, healthcare, and more. The Startup India scheme is based majorly on three…

Employment growth rate in Secondary sector of Indian Economy

Indian Economy

Secondary sector in an economy that is accountable for securing and processing raw materials into finished goods.  Some of the manufacturing industries like Automotive, Electrical, Textiles, Chemicals, Food Processing, Steel, Transportation Equipment, Cement, Mining, Petroleum, and Machinery are considered secondary sectors. The employment growth in the secondary sector in India is marked by the inability…

Difference between Organised and Unorganised sectors of economy

Indian Financial System

In the process of classifying economic sectors, economists have divided economic sectors based on the type of work performed and the goods and services produced. These are even further categorised as an organised and unorganised sector of job conditions. The organised sector comprises formally registered businesses, having employees and employee unions, adhering to labour laws,…

List of different Revolutions in Primary (Agriculture) Sector of India

Indian Economy

In India, after independence, there have been several different revolutions in the primary sector (agricultural revolutions) such as Green Revolution, Evergreen Revolution, Yellow Revolution, Blue Revolution, Golden Fiber Revolution, Golden Revolution, Grey Revolution, Pink Revolution, and many others. These revolutions significantly enhanced the production processes in India and increased the agricultural output. Let us learn…