An informal economy is made up of unregistered businesses where employers do not give social protection to their employees. Informality has decreased at a glacial rate, appearing most dramatically in urban filth, poverty, and unemployment. Despite tremendous economic expansion over …
Animal husbandry is the practise of producing animals and selective breeding. It is the administration and care of animals in which animal genetic traits and behaviour are further enhanced for profit. A huge number of farmers rely on animal husbandry …
India’s total share in world trade is only 2 per cent, making agricultural exports as low as 2 per cent of the domestic GDP. While the country is a food surplus one, supply chain inefficiencies hurt exports. The choice of …
Tokenisation refers to replacement of actual credit and debit card details with an alternate code called the “token”, which will be unique for a combination of card, token requestor and device. Features and advantages A tokenised card transaction is considered …
Despite having so many celebrated technologists around the world, India is still a minor player in the world of technology. As a result, India’s talent has left the country. For example, there were 2.7 million Indian immigrants in the United …
The Union Cabinet has approved a 76,000 crore scheme to boost the country’s semiconductor and display manufacturing. The scheme would provide financial assistance of up to 50% of the project cost for the establishment of semiconductor and display fabrication units. …
The Reserve Bank of India (RBI) introduced a prompt corrective action (PCA) framework for non-banking finance companies (NBFCs). The framework has been designed to trigger supervisory intervention at the suitable time, helping nurse the entity back to health, and limit …
Over the last decade, the government has been encouraging domestic firms to come up with innovations in product manufacturing and services. Government’s programmes like ‘Make in India’ is not only on manufacturing in India but also producing goods that are …
Semiconductors are materials with conductivity intermediate between conductors (often metals) and nonconductors or insulators (such as most ceramics). Semiconductors can be pure elements like silicon or germanium, or they can be compounds like gallium arsenide or cadmium selenide. The Indian …
Economic recovery is the business cycle stage following a recession that is characterized by a sustained period of improving business activity. Normally, during an economic recovery, gross domestic product (GDP) grows, incomes rise, and unemployment falls as the economy rebounds. Economic recovery can take …