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Showing posts with the label Development

Analysing Industries With Special Reference To Indian Economy (Economics)

WELCOME TO YOU I heartfully welcome you to read this post. In previous posts, We've already written Concepts related to Industries. to read that post: Visit  https://economics-subject.blogspot.com/2021/06/concepts-in-industrial-sector.html With that knowledge we're going to read about:  Meaning of Industries Types, Importance in economic growth major problems faced by the industry, Measures to support and promote industrial growth, How government is involved to support industries. Importance of industries in a country.  Industry Industry is one of the major sector in the economy. It increases employment, efficiency in a labour, promotes regional development, education, infrastructure etc. Simply Industry deals with extraction, conversion and production of goods  Small Scale Industries If the process of manufacturing and production is done in small scale that means on smaller amount, it is called as a small scale industry. It has number of advantages like equal distribution of i

Environment, Planning And Development. (Economics Concepts)

Welcome To You I heartfully welcome you to read this post on the topic "Environment, Planning and development". Let's begin. Its very short and simple concept. ------------------------------ Balanced regional Development The development of all regions according to their potentialities is called as Balanced  Regional Development.  --- Friends, It does  not equal in every region because, the availability of resources and facilities are not same in every area. That's why the rate of development of areas is based on the availability of resources, standard of living, Government concentration, geographical status etc. Inclusive growth Inclusive growth aims at providing economic benefits to high to neglected marginalised  sections so that the economy can move towards its equitable growth. Inclusive growth is  main objective of our 11th and 12th five-year plans. It means to develop backward states. Sustainable development Sustainable development can be defined as the developm