It is the beauty if diversity that makes india a very unique country in every aspect be it technical, scientific, social, or environmental. Every Indian is worth of accomplishing every task that can flourishes the economy of the nation. Even history has proved that Indians are worth gems for world in the form of the vivekanand, mahatma Gandhi, mother Teresa, satuyajit ray, sam pitroda and many to specify. It is proved that we Indians has more innovativeness than many other public in the world.
Then the question stuck in our mind that according to current situation how india will look in ? What will be its socio-economic status, science and technological development, living standard and other related fields? Though having busy roads, tight schedule, population density, health hazards etc.
India has experienced extraordinary population growth: between and India added million people to the world, slightly less than the entire population of Brazil.
India ranks at the bottom of the pyramid in per capita-level consumption indicators not only in energy or electricity but in almost all other relevant per capita-level consumption indicators, despite high rates of growth in the last decade.
Relatively socio-economically advanced Indian states had a fertility rate of less than 2. The selection of leader was an issue and one of the major tasks was to prepare military for the defence as well as the protection of the state.
In order to resolve all these issues, finance was the significant need. Despite problems the country is upgrading slowly and gradually. Developing countries are emerging markets across Asia, Latin America and Africa. And undeveloped countries are mainly African nations which remain vastly poor, such as Mali and Somalia. Lying on the equator between Ethiopia, Sudan, and Uganda, Kenya is located on the eastern coast of Africa. UAI: Uncertainty avoidance of 40 shows a population with less rules and regulation.
Conclusion This report is an assessment or analysis done on the structure of India, looking into the business aspect of various international operations that could be put into practice in this developing country, where we also viewed the past impacts and advantages brought through international trade and inflow into the country which could be told or seen as a support and a helping hand to lead into a better and growing future.
However, with this less developed or developing stage, India is now the centre point of attraction due to the facilities, culture, high skilled labour also the vital point of cheapest labour with a good robust government, rules and regulations which can always be beneficial for any sort of international operations, with excellent handling area for a FDI in future and more ventures with India can be a safe and secure site even during this time of recession.
Reference 1. Moreland, W. Rothermund, D. Lewandowski, S. Anstey, V. Tikku, A. Sharma, S. Halepete, J. Srivastava, S. Sahoo, D. Aggarwal, R. Dossani, R. Bardhan, N. Excessive use of technology has also contributed to problems such as obesity and visual impairment.
Besides, it has isolated people socially more than connecting them. It has also led to a decrease in the employment opportunities particularly for the labour class. The Relationship between Science and Technology While science and technology are interdependent, these are two completely distinct fields of study. Science contributes to technology in several ways.
Country's highly talented leaders try to attract more international and foreign multinational companies to open new fields related to additional employment chances for developing the people and results in making the country develop. We must make them grow in a friendly manner. Unlike the neoclassical economics which assumes smoothly working market mechanism, the early development economists adopted a more structural approach to development. A registered user has a right to use the registered trademark in relation to the goods for which it is registered, but it does not give any assignable or changeable right to use the mark. Structural change refers to changes in technological and institutional factors which cause shift of labour from agriculture to modern manufacturing and services sectors and also generate self-sustaining growth of output. Facebook 0.
Indian Background India must have had an estimated approximate million population towards the end of sixteenth century Moreland, , with people of more religious beliefs, traditions and culture in focus than the economic development element. The relative aspect of the problem needs to be emphasized again. Relatively socio-economically advanced Indian states had a fertility rate of less than 2. Which lead to the Patents Act, introduction for the protection of the patents, including the introduction of the law governing the licence of trademarks, The Trademark Act, , the Act is mute on the matter of licensing of an unregistered trademark; however the courts have endorsed the identical as common law licensing.
Minhas estimated that 37 per cent of rural population in India lived below the poverty line in
China mines close to four billion tonnes of coal per year, which has a negative effect on both local and global air quality.
Essay 2. First, we know and then we imitate. Indian Background India must have had an estimated approximate million population towards the end of sixteenth century Moreland, , with people of more religious beliefs, traditions and culture in focus than the economic development element. You can have one-on-one coaching with a writer, statistician, research methodologist and editor. Development Economics as a Separate Discipline: In the s and s the pioneers in development economics had asked why underdeveloped countries were poor and backward and put forward the grand theories and development strategies for starting and accelerating economic growth so as to lift them out of poverty trap. Therefore, when we regard the well-being of the masses as the ultimate objective of development, we have to see whether poverty and unemployment are decreasing and how the increases in gross national product or national income are being distributed among the population.
So every citizen of India must contribute to its development. Moreland, W. At some stage, it is probably inevitable that India will need much greater capacity than its present rate of mining million tonnes of coal per year, which is also causing local and global pollution levels to rise — parts of India face air quality problems similar to those in China. This enabled British to shift focus from spices to textile, and also in the innovation and improvement of their ships to move faster, under the East India Company which began in in London Rothermund, Technology on the other hand extends the agenda of science. In India, for example, the per capita income is hardly adequate to afford a man his minimum subsistence.
In propounding the various theories and strategies to accelerate economic growth in developing countries, the pioneers in development economics abandoned the use of neoclassical economies which involves free working of market mechanism and role of material incentives and profit motive guiding allocation of resources and economic growth in an economy. We provide an Essay writing for Psychology, English Essays writing, and Marketing Essays, chemistry essays, science essays, Public health essays, performance management essays, social work essays, accounting, human resource management essays and other essays. Heavy excise duties and sales taxes should also be imposed on luxury goods so as to curtail their consumption by the rich people. One way is the adoption of fiscal measures under which heavy taxes should be imposed on luxurious consumption expenditure by individuals and business companies. Essay on Economic Development in India Essay 1.
For instance, in India, Dandekar and Rath found that 40 per cent of rural population in India lived below the poverty line in Likewise, the availability of adequate irrigation facilities is necessary to raise agricultural output. Technology on the other hand extends the agenda of science. First, accumulating wealth is not necessary for the fulfillment of some important human choices.
Bardhan, N. But the restriction on the production of luxury goods is easier said than done. In this view during the process of economic growth share of agriculture in both national product and employment of labour force declines and that of industries and services increases. The high consumption of a rich country in this manner hinders capital formation in developing economies. Essay 3.
Finally, even if India manages to feed its burgeoning population, its growth may not be ecologically sustainable. On average, a thousand tons of water is required to produce one ton of food grains. We know that this is not so. The ability to save may have gone up but the willingness to save would have gone down on account of a keen desire to consume luxury goods which are consumed in the richer countries.