Training Course

Economic Growth And Development

Background

One can under line and emphasize upon the role played by the various societal, political and economic factors underlying the larger matrices of economic growth and development in the larger nation. The Atal Path can be earmarked as an ideal way through the middle pathway of Shyama Prasad Mukherjee in order to development a development and governance literacy amongst the future governors of the country. The following guidelines can serve as able pathfinder for achieving the goals and objectives of development and attendant growth in the larger context of overall national upliftment with the cooperative strivings of all and sundry.

 

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What Does Development, the term refer to? The term has been used frequently in the 20th and 21st centuries, but the concept has existed in the West for far longer. "Modernization", "Westernization", and especially "industrialization" are other terms often used while discussing economic development. Historically, economic development policies focused on industrialization and infrastructure, but since the 1960s, it has increasingly focused on poverty reduction. The visage and the contours of development can be best accommodated by the larger idiom of modernization, Urbanization and industrialization which pave the way for bettering the standard of living of the citizens in a nation state and amidst its hoi polloi and the general citizenry.. Apart from the realm of development economics, the larger and novae tenet of growth, GDP can be further comprehended in the larger idiom of freedom. The questions which normatively arise are that are the growth and modernization indicators in a nation’s society leading to freedom of expression and a life pattern premised upon egalitarianism and equity.

The Centre and Periphery dichotomy: The centre periphery theoretical construct initiated by the scholar of the order of Chilcote sheds prominent and useful light upon the idiom of Development in the international context. As an instance, the central theme of Development is home to being the central agenda of governance in the regular domestic narrative of the nations, the world over. Development ranges from the Maglev trains criss crossing China in Tianjin and the rotting accelerator in a Bethseda metro station which reflects the rise of china and the infrastructural challenges faced by United States of America and the rest of the West.

The tenet of development and Infrastructure: The deliberations here would revolve around the so called rot that seems to have set inside the larger construct of sustaining the development and growth lead of the Western world and the larger Occident. As the Asian century seems to have arrived on the scene of the global context, the three sixty degree approach to development has assumed significance which has an inextricable linkage with the rest of public administration and Governance concern in the nation. Its this amalgamated approach to economic development which needs to be earmarked in right earnest.

Economic Growth and Development

  1. e-RUPI- Leads towards CBDC'S in India 
  2. Challenges of Urban Cooperative banks and Recommendation of Vishwanathan Report 
  3. Insolvency and Bankruptcy Code
  4. Establishment of bad Banks- Associated Issues and significance
  5. Assesment of seven years of PM Jan Dhan Yojna
  6. Account Aggregator System
  7. Social Stock Exchanges- Need/Challenges
  8. General Insurance Business (Nationalisation) Amendment Bill, 2021
  9. Taxation Laws (Amendment) Act, 2021
  10. RoDTEP (Significance and Concerns)
  11. PLI Underperformance
  12. Vechile Scrappage Policy
  13. PM formalisation of Micro Food procesing Enterprises (PMFME) scheme
  14. One District One Product (Game Changer in North East)

 

 

Migration:  

Migration is a process of transfer of the location, place of work and residence which can take place internally in a nation or may take place internationally due to a natural catastrophe such as famine, flood, pandemic or due to the telling repercussions of political conflict and violence. Internal migration can be exemplified by the internal displacement of migrant labour which occurred from the metropoles such as Delhi to the rural hinterland and their homes. As in, the migration occurred as lockdowns were  initiated in Delhi and all across the nation in April March, 2020 and in 2021 so as to contain the corona virus pandemic or the Covid 19 Detla strain in 2021.

Technological concerns

The advent of technology of generation and technology sharing between nations becomes the order of the day where-in the efficient utility of new technologies such as Artificial Intelligence, Digitalization and Data analytics become the able instruments of public welfare and development in India. The role played by the ever burgeoning Information technology forms a framework which facilitates all sets and variants of growth in the nation with its instruments of knowledge dissemination and deft propagation of the Governmental goals and planning.

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