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Asian Development Bank (ADB)

Asian Development Bank was established in Dec. 1966 on the recommendation of ECAFE (Economic Commission for Asia and the Far East). The aim of this...

The Constitution of India

Preamble WE, THE PEOPLE OF INDIA, having solemnly resolved to constitute India into a SOVEREIGN, SOCIALIST, SECULAR, DEMOCRATIC, REPUBLIC and to secure to all its...

World Trade Organisation

World Trade Organisation is a permanent organisation which has been established on the basis of an international treaty approved by participating countries. It achieved...

National Income of India

National Income of India is a flow, not a stock. As contrasted with national wealth which measures the stock of commodities held by nationals...

Functions of Reserve Bank of India

Reserve Bank of India is the Central Bank of the country. The Reserve Bank of India was established in 1935 with a capital of Rs....

Finance Commission

Finance Commission is constituted to define financial relations between the Center and the States. Under the provision of Article 280 of the constitution, the...

Narasimham Committee Recommendations on Financial Reforms

Narasimham committee Narasimham Committee was established under former RBI Governor M. Narasimham on August 14, 1991, to look into all aspects of the financial system...

Special Economic Zone Act, 2005

Special Economic Zone policy in India first came into inception on April 1, 2000. The prime objective was to enhance foreign investment and provide an...

Method of National Plan Formulation

The National Plan has to go through various stages in order to reach its final form. About 2-3 years before the implementation of the...

National Development Council

National Development Council (NDC) is a non-statutory body which was constituted to build co-operation between States and Planning Commission for economic planning. The National...

Planning Commission of India

Planning Commission of India Planning Commission of India was an institution in the government of India, which formulated India's Five-Year-Plans, among other functions. There is no...

History of Planning Commission in India

Planning Commission in India, the planned economic development began in 1951 with the inception of First Five Year Plan. The theoretical efforts for economic development...

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