The Features of Money Market in India have been briefly discussed below: 1. Existence of Unorganized Money Market: The Major defect of the Indian money Market has always been the existence of the indigenous bankers who do not distinguish between short-term and long-term finance. During the last … [Read more...]

The small scale industries plays an important role in job creation and employment. It further gives competition to large monopoly players and lay the foundation of sound economy. The government has been following a policy of reservation of items for exclusive development in the small scale … [Read more...]

Introduction Land reform refers to all those institutional changes aiming at the redistribution of operational land holdings in favour of the less privileged classes from the view point of optimum utilization of land. Objectives The objectives of economic planning and land reforms in India are to … [Read more...]

Introduction Dualism mainly refers to economic and social divisions in an economy, such as differences in technology between sectors, differences in the degree of geographic development and differences in social customs and culture. Dualism can be in shape of geographic, social technological and … [Read more...]

Difficulties in estimating national income in India are as follows: Firstly, in India, most of the people are illiterate. They have no idea about the method of keeping accounts. Secondly, the large non-monetary sector of our economy also stands in the way of the national income estimates. In … [Read more...]

The Small Scale Industries play an important role in Indian economy in spite of facing numerous difficulties. The Government of India has taken certain measures for the development of cottage and small scale industries. We will discuss those measures in brief in the following: 1. We know that the … [Read more...]

Introduction Small scale and cottage industries in India occupy a vital position in the planned industrial development in the country. Not only they provide immediate large scale employment but also offer a method of ensuring a more equitable distribution of the national income. Moreover they … [Read more...]

In some underdeveloped economics, the increased population may help in the economic progress of the country by providing cheap and abundant labor. It can also expand market which necessitates effective demand. But this is not true in case of the over-populated and under-developed country like … [Read more...]

Introduction The economy of country refers to labor and property supplied by the people of the nation. The national income of a country is expressed in terms of money valued at current price levels. A national income provides a total for the country's whole economy, and permits one to weigh the … [Read more...]