Introduction to microeconomics and macroeconomics
Economists may define the subject of economics in several ways considering different aspects of the economy. In simple words, economics is fundamentally about managing scarce resources in the most satisfactory manner possible. It includes studying how societies use limited resources to satisfy unlimited wants and needs. Economics is classified into two significant parts: (i) Microeconomics…
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Priority sector lending target and sub-target norms explained
Priority sector lending is lending to those sectors of the economy that may not otherwise receive timely and adequate credit. These sectors of the economy are identified by the Government of India and the Reserve Bank of India which consider them as important for the development of the basic needs of the country and are…
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Issues facing Indian Economy: Poverty allevation,jobless growth, rising inequalities,migration and so on.
(This post elucidates Poverty Alleviation, Jobless growth, Rising Inequalities, Migration and excessive pressure on resources, possible remedies, and Pandemic situations) Poverty has many dimensions, but its causes include unemployment, social exclusion, and the high vulnerability of certain populations to disasters, diseases, and other phenomena that prevent them from being productive. Poverty Alleviation is the set…
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What are 17 Sustainable Development Goals (SDGs) adapted by UN?
The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet, and ensure that by 2030 all people enjoy peace and prosperity. The Global Goals are a set of 17 commitments made by 193 world…
Read article India’s progress in SDGs including Climate change, and CSR Activities
The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet, and ensure that by 2030 all people enjoy peace and prosperity. India along with other countries has signed the declaration on the 2030 agenda…
Global Issues and initiatives
Global issues are problems of economic, environmental, social, and political concerns that affect the entire world as a community. As globalization advances, the number of issues like Clean Water, Food Security, Health, Human rights, maternal health, Girls’ access to education, digital access, Foreign Aid Budgets, Women’s Rights, Refugees, and so on has been increasing. These…
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