Visionary Budget for Making India a Developed Nation The Indian agriculture sector has grown at an average annual growth rate of 4.6% during the last six years. It grew by 0% in 2021–22 compared to 3.3% in 2020–21. As a result of essential reforms undertaken by the government, the country has become the fifth-largest economy…
Mughal Empire Babur, a Central Asian ruler descendant of the Turco-Mongol conqueror Timor, founded the Mughal Empire. He laid the foundation of the mighty Mughal Empire, which was consolidated by Akbar, and lasted for about two centuries. The Mughal Empire reached its zenith during Aurangzeb’s rule, after which its decline started, catalysed by its conflict with the…
Infrastructure Financing Infrastructure Financing refers to the set of mechanisms devised to Fund Infrastructure projects. Financing is the most critical aspect of infrastructure creation. Mechanisms of Infrastructure Financing There are various mechanisms used to finance Infrastructure: Government funding – Government often makes budgetary provisions for Infrastructure funding. The Department of Economic Affairs (DEA), under the…
Waterways Transport India is a land of rivers surrounded on three sides by ocean. It has around 7500 kilometres of coastline and 14,500 km of potentially navigable waterways. Moreover, it is strategically located on key international trade routes. This unique natural resource and strategic geographic location endow India with vast potential in trade through Waterways…
Logistics Sector in India Logistics refers to the overall process of acquiring, storing and transporting resources from their source to the destination. Logistic management refers to effectively managing all activities such as packaging, warehousing, transportation, inventory management, customs, tracking and tracing of packages, etc. The logistics sector acts as a lifeline for development in the…
Civil Aviation Sector in India Civil aviation infrastructure is one of the most complex infrastructure systems. It majorly comprises aircraft manufacturing, air traffic control, and airport. But it also includes cargo-handling facilities, telecommunications, navigation and surveillance facilities, tourism, repair and overhaul resources, avionics manufacturing, repair and design capabilities, and flight training facilities. Importance of Civil…
The world is recognising the Indian economy as a “rising star” as it continues to grow with an annual growth rate of 7%, the highest among all the major economies. Indian economy is also withstanding the massive economic Global slowdown caused by the pandemic and global conflicts. With the ‘Vasudhaiva kutumbakam’ theme, India is progressing…
Infrastructure Infrastructure is the set of physical and organizational structures (e.g. roads, water supplies, hospitals) needed for the operation of an enterprise or the society as a whole. It comes from the French word ‘Infra’, which means below. This shows the literal significance of infrastructure which forms the basis of all enterprises in modern society….
Road and Highway Infrastructure Roadways are the most important mode of transport known to humans. Roads carry 64.5% of total goods and 90% of the passenger traffic in India. Out of all the roads in India, National highways hold around 2% of the total road network and carry 40% of total traffic. Acknowledging its importance,…
Renewable Energy Renewable Energy Sources Renewable Energy sources are those sources of energy which are naturally replenished faster than the rate of their consumption. India’s massively growing energy requirements makes it pertinent for the country to look for renewable energy resources for its energy security and sustainable development targets. With this view, the government is…