Role of Government in Economic Development
Journal Title: Journal Global Values A Peer Reviewed International Journal - Year 2018, Vol 0, Issue 1
Abstract
The purpose of the study is to identify the Role of Government in Economic Development. In modern times, the state has to play a vital and ever-expanding role to accelerate process of economic growth. Most of the countries are struggling hard to get rid of poverty and to attain higher living standards. In an underdeveloped economy, there is a circular constellation of forces tending to act and react upon one another, in such a way as to keep a poor country in a stationary state of under-development equilibrium. The vicious circle of under-developed equilibrium can be broken only by a comprehensive government planning of the process of economic development. The major emphasis of this paper are an Government measures to promote economic development and provision of economic and social overheads, provision of financial facilities and the direct participation and indirect measures.
Authors and Affiliations
Sulakshna km, Sachin Singh
Keywords
Related Articles
- EP ID EP521018
- DOI -
- Views 128
- Downloads 0
Enhancing Spiritual Intelligence Among Adolescence
Spiritual intelligence may be described in terms of ultimate belonging or connection to the transcendental ground of being. Some people define spirituality in terms of relationship to God, to fellow humans, or to the ear...
Nutrition Information in Fast Food Chains: Perspective to Consumer Awareness and Purchase Decision
Understanding of nutrition information and its execution in real practice in terms of adoption in menu offers is at nascent stage. The research strives to be centric around understanding the spread of nutrition awareness...
Impact of CSR Initiative of Tech Mahindra Foundation to Create Women Livelihood Opportunities in Lieu With Contribution to the PM’s Vision of Skill Development
The National Mission for the Development of Skills has been approved by the Union Cabinet on 01.07.2015 and officially launched by Honor Prime Minister on 15th July 2015 at World Youth Qualification Day. The mission was...
Snapdeal: A Case Study The Rise & Fall of an E-commerce giant
This case study focuses on the journey of snapdeal from a daily deal company to the second largest E-commerce player in the market to again falling down with huge losses, a failed merger and lot of operational &financial...
Empowering Youth Through Skill Development in India - Role of NSDC and NSDA.
India is “Youngest nation” in the world with 54% population under the age of 25 years. India has potential to provide skilled manpower to fill the expected shortfall in aging developed world. Youth’s aspirations can only...