Introduction The word ‘Veda’ comes from the root ‘Vid – to know, leading to ‘Vidya’, knowledge which leads further to vision, meaning revelation, self-realization. The Veda is the book of knowledge of Changeless Reality. The four Vedas form a body of religious literature called Shruti. ‘Shruti’ … [Read more...]
Role of Industrial Financial Corporation of India (IFCI)
Introduction India is a developing economy. But the progress of industry is very slow. This is mainly due to the non-availability of finance. Hence, the supply of adequate finance is required for the development of industries in India. Our National Government is fully aware of the said problem. … [Read more...]
Machinery for Settlement of Industrial Disputes in India
Let us discuss the machinery which exists in India for the settlement of industrial disputes. In this connection, we may mention the vital role that the Industrial Disputes Act of 1947 (as amended from time to time) plays or maintenance of peace in industrial units. (1) There is a Working … [Read more...]
Causes of Industrial Disputes in India
Industrial disputes refer to the conflicts between employers and workers. These conflicts take various forms of protest from the workers side like strikes, demonstrations, rally, etc. From the employer's side, these disputes may take the shape of retrenchment, dismissals, lockouts, etc. The two most … [Read more...]
External and Internal Causes of Industrial Sickness in India
Reasons and Causes of Industrial Sickness in India The various external and internal causes of Internal Sickness in India have been discussed below: 1. External causes Recession in the Market: Sometimes recession hits the whole industry as a result of which individual units are unable to sell … [Read more...]
Public Finance in India
Public finance means the financial transactions of the government. Under the federal structure, the financial relationship between the union government and the state governments are based on the principle of federal Finance. The Indian constitution provides a three-fold distribution of legislative … [Read more...]
Functions of Reserve Bank of India (RBI)
Introduction The Reserve Bank of India (RBI) began its operations as the India's Central bank in April, 1935. RBI plays an important role in Indian economy. Originally, it was a private shareholders' bank, but since January 1949 it has been functioning as the nationalized Central Bank. The RBI as … [Read more...]
Sources of Capital for Large Scale Industries
The large scale enterprises need adequate funds for purchasing plant, raw materials, machinery as well as for the construction of new factory or the extension of existing ones. The large scale industries obtain both block capital and working capital from various sources which are as … [Read more...]
Sources of Industrial Finance in India
Introduction By industrial finance we mean the organization of various types of finance needed by industries for their activities connected with the production of goods and services. Production activities include construction of buildings, purchase of machines, their repair, purchase of raw … [Read more...]
Short notes on Crop Seasons in India
Crop Seasons in India The Kharif (autumn) and Rabi (spring) harvests are the two vitally important crop seasons of India, although as many as 4/5 crops are raised in coastal Kerala and some irrigated areas. Kharif is the monsoon crop, sown soon after the onset of rain (June-July) and harvested in … [Read more...]
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