indian economy

What are the factors contributing for the success of IT sector of India?

Leave a Comment / MDV-109 /

Introduction India’s Information Technology (IT) sector has emerged as one of the most dynamic and rapidly growing segments of the economy. It has significantly contributed to the country’s GDP, exports, employment generation, and global reputation. The success of the Indian IT sector is the result of a combination of strategic, structural, and policy-related factors. Understanding […]

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What are the main problems that rural industries need to address in Indian context?

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Introduction Rural industries play a vital role in the economic development of India by providing employment opportunities, reducing urban migration, and contributing to inclusive growth. However, despite their potential, these industries face numerous challenges that hinder their development and sustainability. In the Indian context, rural industries encompass a wide range of sectors including handicrafts, handlooms,

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What are the factors contributing for the success of IT sector of India?

Leave a Comment / Development in India - An Overview /

Introduction The Information Technology (IT) sector has become one of the major contributors to India’s economy. It has not only created millions of jobs but also made India a global hub for software services and solutions. Cities like Bengaluru, Hyderabad, and Pune are now known for their thriving IT industries. But what led to this

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What are the main problems that rural industries need to address in Indian context?

Leave a Comment / Development in India - An Overview /

Introduction Rural industries play a crucial role in the economic and social development of India. They provide employment, promote local skills, and help in reducing migration to cities. These industries include handloom, handicrafts, khadi, agro-processing, and small-scale manufacturing units. However, rural industries face many problems that limit their growth. In this post, we will discuss

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Role and Relevance of Informal Sector

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Role and Relevance of Informal Sector The informal sector plays a crucial role in India’s economy by providing employment to a large portion of the population, especially the poor, women, and unskilled workers. It includes activities like street vending, domestic work, construction, and small-scale manufacturing. Though informal, this sector contributes significantly to GDP and supports

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Liberalization

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Introduction Liberalization means removing government controls and allowing more freedom to private businesses. It helps increase trade, investment, and competition in the economy. India started liberalization in 1991 to improve its economy. Main Features Reducing taxes and duties on goods. Allowing private companies in more sectors. Attracting foreign investment. Reducing restrictions on imports and exports.

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Examine the ‘nationalist’ critique of British colonial economic policy.

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Introduction The nationalist critique of British colonial economic policy in India was a significant part of the Indian freedom movement. Indian leaders, economists, and intellectuals analyzed and opposed British rule not only on political grounds but also on the basis of its economic impact. They argued that British policies systematically impoverished India, deindustrialized its economy,

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Master Index Post for MHI-05: History of Indian Economy (2025–26)

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📘 Master Index: MHI-05 – History of Indian Economy Below is the complete list of all answered questions for the IGNOU assignment MHI-05 (2025–26). Click on each title to read the full answer. Discuss the major approaches to study the economy during colonial period in India. Draw a map of rainfall pattern in the Indian

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Describe the recent export promotion measures of the government of India.

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Introduction Export promotion refers to the policies and initiatives implemented by the government to encourage domestic companies to sell their goods and services abroad. The Government of India has taken several recent measures to enhance the country’s exports, increase foreign exchange earnings, and boost economic growth. These steps are particularly significant in the context of

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What were the objectives of the colonial revenue policy? Discuss.

Leave a Comment / MHI-04: Political Structures in India /

Introduction The colonial revenue policy in India was a cornerstone of British administrative and economic strategy. Designed primarily to extract maximum financial gain, it had far-reaching consequences for Indian agriculture, society, and economy. The British implemented various land revenue systems such as the Permanent Settlement, Ryotwari, and Mahalwari systems, all tailored to suit imperial objectives.

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