Production Linked Incentive (PLI) scheme: Objectives, Benefits & Issues
The Production Linked Incentive (PLI) scheme was launched in March 2020 to boost Indian manufacturing.
Skill India: Challenges, Solutions, & Government Schemes
Skill India becomes necessary as many people in India don't have jobs, and one of the main reasons for this is that the youth lack proper training.
Multidimensional Poverty Index: Dimensions, Report, Significance & Limitations
Multidimensional Poverty Index (MPI) is a measure that assesses acute poverty in over 100 developing countries.
Inclusive Growth: Factors, Policies & Measures for Promoting Inclusive Growth in India
Inclusive Growth is about making sure that everyone benefits from economic growth and that poverty is reduced.
Food Processing: Sub-Segments, Facts, Opportunities & Challenges
India's food processing sector is one of the largest in the world and is expected to reach a value of $535 billion by 2025-26.
Unemployment: Types, Causes & Consequences
It refers to the situation where an individual actively seeking employment is unable to secure a job.
Sovereign Credit Rating: Key Points, Determinants & Criticism
A sovereign credit rating is an independent evaluation that determines the creditworthiness of a country or a sovereign entity.
Minimum Support Price (MSP): Calculation, Benefits & Issues & Way Forward
Under MSP, the Commission for Agricultural Costs & Prices (CACP) recommends prices for 22 specific crops and a fair and remunerative price for sugarcane.
Cryptocurrency: Working, Advantages & Disadvantages
Cryptocurrency, also known as crypto, is a type of digital currency that operates through a computer network without the need for a central authority like a government or bank to oversee it.
Gig Economy: Advantages, Challenges & Driving Factors
The gig economy refers to an economic system characterized by flexible work arrangements, where labor and resources are exchanged through digital platforms that facilitate connections between buyers and sellers.