Cottage Industries   Cottage industry means the manufacture of goods at home by manual labour with a small capital, on a small scale, by a small number of workers, often comprising members of a single family. It is one of the most important industries in India. There was a time when Indian homes and Indian villages used to hum with activities connected with various types of cottage industries, and some of...

India is a Rich Country Inhabited By Poor People   India is a rich country inhabited by poor people. It is one of the ten poorest countries of the world. This is partly so because the resources of India have not been properly utilized and partly because per capita share of resources ‘is small. An assessment of India’s physical and human resources will make it evident to us. Let us first...

Black Money In recent years, the purchasing power of rupee has come down considerably. If the paper currency is not supported by sufficient gold reserves with the Government, then the value or worth of the same may not take much time to touch the rock-bottom. This precisely means inflation. Another contributing factor is the ratio of consumer goods to the paper money in circulation. Yet another aggravating factor is the black...

National Census as a Tool for Planning and Development of Human Resources In India, census is conducted every ten years to know the statistical data and information of what has been achieved and what is yet to be achieved. It also tells us about the areas which have been neglected and need greater attention. In a nutshell, census is the progress report of a nation and it provides right direction in...

Advertising-Its Uses and Abuses Essay No. 01 Modern advertisement is a skillful way of blowing one’s own trumpet. To speak highly of one’s goods has been raised to the level of the dignity of fine art. The most successful business is he, who knows the secret of effective advertisement. The real worth of an article is of little importance, what matters is the way in which public attention is drawn towards...

Corruption: Its Causes and Remedies   The extent, to which corruption may flourish in a particular country, depends largely on the attitude of the public, which in the case of India is one of apathy. In fact public apathy is the unconscious sanction of Governmental corruption. This is, to some extent, due to ignorance, but the prime reason is historical. Since times immemorial, the people of India have been crushed by...

Multinational Corporations Multinational corporations are giant firms with their origin in one country, but their operations extending beyond the boundaries of that nation. For reasons of marketing, financial and technological superiority, these multinationals are generally considered as a sine qua non of the modernisation of an economy. They have been responsible for the rapid economic liberalisation in India in 1991; the question of the entry of multinational corporations (MNCs) has assumed...

Planning in India Planning is a must in every modern State. The days of laissez faire economy are over and the State cannot content itself with negative police functions only. It must guide and help the individual in every sphere of life. The demands of increasing population necessitate that available material resources are harnessed to the maximum extent to ensure a suitable standard of living for the masses. Of course, science...