Posts

Showing posts with the label Growth

World ----- Agenda 30 and Thinking Beyond Mere Economic Growth. By- Mohit Singh.

Image
Dangers Of Focussing Only On Economic Growth, Which Can Be Harmful To Humans And Environment As Well.  Recent Report By UNESCAP, Survey 2019: Recently a report, 'Survey 2019' was  published by UNESCAP (United Nations Economic and Social Commission for Asia and Pacific) and the theme of the report was 'Ambitions Beyond Growth'. The main aim of Survey 2019 is to focus on ways and methods to make ambitious Agenda 2030 or Agenda 30 of  SDGs (Sustainable Development Goals) successful.  Steps to be Taken: An additional annual investment of $1.5 trillion will be allocated in developing countries of Asia Pacific region, so that they can achieve the set goals of Agenda 2030 of SDGs. In the report, UNESCAP has further added that the developing countries of Asia Pacific region should expand their policies beyond the focus of mere economic growth. The fundamental reason for this is, the countries facing high levels of inequality, unemployment and most importantly e...

India. Private Investments.

Image
Boosting Private Investment In India, Presented By- Mohit Singh. Ways to Boost Private Investment In India In Order To Enhance Growth Rate, Employment, Exports.  If we will see the economy of India, then the primary reason that is contributing towards the growth of India's economy are Consumption and Government Spending. In India Consumption and Government Spending are the main source for gross capital formation and investment in the economy. But the problem is that, Government spending led growth is bound to hit plateau, in order to break this barrier Private Investment has to come into play to further accelerate economy, and when I am talking about private investment then it means that there should be least intervention from government side at a time when private firms want to expand their base the way they want. Government  should only intervene to the extent of imposing basic and necessary regulations.  Current Growth Scenario in India : As we know ...