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Showing posts with the label #indianeconomy

Indian Rupee, Economy and its Growth

  Economy is “the state of a country or region in terms of the production and consumption of goods and services and the supply of money” (OR) careful management of available resources. Economy might affect both business and development, the factors that affect economy are might be tax rate, inflation, labour, demand, supply, recession, education, training, law and policies etc… We can improve the economy by reforming tax systems, improving infrastructure, protecting financial sectors etc. To increase the rupee value or Indian currency value, Indian government needs to adopt the following measures: -Increase our export trades by producing higher quantities of Indian goods that are in demand abroad. We also need to start manufacturing or producing new stuff that is in demand abroad. India needs to prepare itself to develop the economy, country, products/goods, services, etc what if every MNC investors leave INDIA? Where will India stands? From past few years, India is still a develop

Bribe and Corruption

  Bribery is the offering, giving, receiving, or soliciting of any item of value to influence the actions of an official, or other person, in charge of a public or legal duty. The Prevention of Corruption Act, 1988 (PC Act) is the primary legislation penalising bribery and corruption in India. It specifies acts that constitute offences and provides for prosecution for those offences. Money is really important for everything and for every need, to live life, we need money, to live happily, we need money, to eat some, we need money, to get something, we need money and what not, for each and every small thing, we need money. Money is playing a vital role in human life. Human is not ruling the world but money is. India is the 85 least corrupt nation out of 180 countries, according to the 2021 Corruption Perceptions Index Corruption in India is an issue which affects economy of central, state and local government agencies in many ways. Corruption may also decrease the productivity of in