Defects of Indian Money Market The main defects of the Indian money market are the following: 1. Narrow coverage: The organized banking system is still a very large component of the Indian money market. The Indian banking system widely covers metropolitan cities and the towns. But, The … [Read more...]
Role and Functions of Financial Markets
Financial Markets facilitate the institutions accept deposits as liability and transform them into assets such as loans. This is known as liability asset transformation function. Financial institutions can bring about scale economies in lending and borrowing by providing large loans on the basis of … [Read more...]
What are Commercial Bills?
Commercial Bill Market The commercial bills are issued by the seller (drawer) on the buyer (drawee) for the value of goods delivered by him. These bills are of 30 days, 60 days or 90 days maturity. If the seller is in need of funds, he may draw a bill and send it to the buyer for seller is in … [Read more...]
What are Treasury Bills?
Treasury Bills Market Treasury bill is a monetary policy instrument through which government raise funds for short period requirements and commercial banks invest their short period surpluses by buying these bills from government. Three types of treasury bills are important: 91 days Treasury … [Read more...]
Problems of Jute Industry in India
Problems of Jute Industry in India The major problems of Indian Jute Industries are mentioned below: High cost of production: Equipments for production are all worn out, outmoded in design. Many mills are uneconomic. Products are made costlier. Storage of raw Jute: Jute industry suffers from … [Read more...]
Land Reforms in India
Land Reforms In the wake of Independence when planning for economic development was undertaken, land reforms were given an important place in the overall framework of planning. It continues to occupy this place even now. Ideological considerations apart, certain practical economic considerations … [Read more...]
Tribal Economy in India
The sources of subsistence and livelihood are varied so far the Indian tribals are concerned. Starting from the pure and simple parasitic habit of the nomadic hunters and food-gatherers who depend mostly on nature for the sources of subsistence to the settled agriculturists and the group of … [Read more...]
Role of Industrial Financial Corporation of India (IFCI)
Introduction India is a developing economy. But the progress of industry is very slow. This is mainly due to the non-availability of finance. Hence, the supply of adequate finance is required for the development of industries in India. Our National Government is fully aware of the said problem. … [Read more...]
Machinery for Settlement of Industrial Disputes in India
Let us discuss the machinery which exists in India for the settlement of industrial disputes. In this connection, we may mention the vital role that the Industrial Disputes Act of 1947 (as amended from time to time) plays or maintenance of peace in industrial units. (1) There is a Working … [Read more...]
Causes of Industrial Disputes in India
Industrial disputes refer to the conflicts between employers and workers. These conflicts take various forms of protest from the workers side like strikes, demonstrations, rally, etc. From the employer's side, these disputes may take the shape of retrenchment, dismissals, lockouts, etc. The two most … [Read more...]