Ahluwalia* India was a latecomer to economic reforms, embarking on the process in earnest only in 1991, in the wake of an exceptionally severe balance of payments crisis. The need for a policy shift had become evident much earlier, as many countries in east Asia achieved high growth and poverty reduction through policies which emphasized greater export orientation and encouragement of the private sector. India took some steps in this direction in the 1980s, but it was not until 1991 that the government
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Worked? India was a latecomer to economic reforms, embarking on the process in earnest only in 1991, in the wake of an exceptionally severe balance of payments crisis. The need for a policy shift had become evident much earlier, as many countries in east Asia achieved high growth and poverty reduction through policies which emphasized greater export orientation and encouragement of the private sector. India took some steps in this direction in the 1980s, but it was not until 1991 that the government
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creating employment opportunity and producing important alternative machines and machinery parts for saving huge foreign currency for our country. So as a part of our development strategy, we should intensify our efforts to develop this sector to grow industrial base and volume of foreign trade. As we know the in this age of globalization, it is impossible to stop the flow of foreign goods to any country. Only quality products can meet the challenges in global market. For meeting this situation SMEs need
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rate of implementation of reforms was also slow as there were a severe shortage of trained economists to evaluate, examine and articulate policy initiatives. 1993-1994: The annual rate of inflation had reduced from the peak of 17% in August, 1991 to below 7%. International confidence has been restored. Agriculture has performed well in the current year and industrial production was beginning to recover. The growth of the economy, which had declined to 1.2% in 1991-92, was around 4% in 1992-93. 1997-1998:
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Background: A quality management system (QMS) is a set of policies, processes and procedures required for planning and execution, which are like production, development and service in the core business area of an organization. Areas can impact the organization's ability to meet customer requirements. ISO 9001:2008 is an example of a Quality Management System. The concept of quality as we think of it now first emerged from the Industrial Revolution. And the quality profession grew from simple control
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Gabriel Lima AP United States History Mr. Reinhardt June 10th, 2024. Immigration during the Gilded Age and Its Impact on America’s Development. The period between 1870 and 1920, often referred to as the Gilded Age, was a transformative era in American history, marked by rapid industrialization, urbanization, and economic expansion. Central to this dynamic period was the massive influx of immigrants who arrived on American shores in search of better opportunities. These immigrants played a pivotal
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number of researches have been conducted to study the effects of flexitime. Kelly et al. (2008) carried out a comprehensive and critical review of literature in respect of flexible working arrangements and concluded that flexitime have a positive impact on companies with respect to two organisational outcomes: boosting revenue, typically by increasing productivity and reducing costs, typically by reducing turnover. Kronos Australia (2013) undertook a diverse survey of 500 managers and 2,000 employees
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very important for running a business unit successfully at any place. Because, the environmental factors influence almost every aspect of business, be it its nature, its location, the prices of products, the distribution system, or the personnel policies. Hence it is important to learn about the various components of the business environment, which consists of the economic aspect, the socio-cultural aspects, the political framework, the legal aspects and the technological aspects etc. In this
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Introduction BRIC is used in economics to refer to the combination of Brazil, Russia, India, and China which make up over 42% of the world's population. These nations are going to play a major role in the future of global economy. BRIC or BRICs are terms used in economics to refer to the combination of Brazil, Russia, India, and China. General consensus is that the term was first prominently used in a thesis of the Goldman Sachs investment bank. The main point of this 2003 paper was to argue that
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GROUP- I SERVICES SYLLABUS GENERAL STUDIES AND MENTAL ABILITY (SCREENING TEST – OBJECTIVE TYPE) 1. General Science – Contemporary developments in Science and Technology and their implications including matters of every day observation and experience, as may be expected of a well-educated person who has not made a special study of any scientific discipline. 2. Current events of national and international importance. 3. History of India – emphasis will be on broad general understanding of the
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