How is Gold Brought into India? India has very small gold reserves and it is dependent totally on the commodities market across the globe to meet the demand for gold.
The country aims to become a higher middle-income country by and that calls for even faster growth in the years to come. With new government in place this year, India currently stands at the threshold India today a unique opportunity regarding governance reforms.
Reuters India offers top Business and market news updates covering Indian Stock market news, finance, investment and more news headlines. Read breaking news from India in business, stocks, sensex. Live TV: Watch India TV News Live Streaming, Breaking Live News and Exclusive News 24x7 from India and all over the World at India TV. IndiaTV News Provides Latest English News and Exclusive Breaking News Headlines from India and around the World. Photos, live news coverage And Current News Headlines from Politics, Business.
Governance is central to equitable socio-economic progress and political legitimacy. Good governance runs on four wheels: Governance in India has always been a critical issue for the governments since independence.
Neither the soviet style socialist path nor the free-market western capitalist economy appeared the best answer for the country. It strives to craft a unique blend of its own socio-economic policies that would leverage its unique strengths and catapult it to centre-stage India today the global economy.
Government machineries at all level need to be strengthened. But mindset is changing as the government at the Centre has made it clear not only to its own wings but even to States that this chaos has to go with better use of information and communication technology. Some of the organisations have successfully transformed their way of functioning and service delivery system with the help of modern technology.
The quality and effectiveness of service delivery today is directly linked to good governance practices and use of modern technology, especially ICT.
It is widely accepted that governance should be citizen-centric and we need alertness and responsiveness in every aspect of governance.
Modern technology is increasingly in demand at the government departments and organisations across the country, either due to the increasing pressure from the public or on the initiatives of bureaucrats and elected representatives.
Corruption and sustainable economic development are key problems in India. But, as a vibrant democracy, India has a distinct advantage as it has an accountable government that is subject to transparent surveillance on multiple fronts, democratically elected legislatures, an independent judiciary and evolving regulatory watchdogs.
The Right to Information Bill was passed in in an effort to improve governance and public administration and eliminate corruption. By transferring functions, fund and functionaries 3Fsefforts are being made to transform the lives of people. Increased financial autonomy was supposed to be the game changer but we are still far behind from our cherished goals.
Administration at various levels is still weak and the poor still suffer the most. Accountability, access to information, political will for real devolution of powers at all levels would only make the desired change and would lead to good governance.
Prime Minister Narendra Modi says, "one of the biggest benefits of good governance is that it does not look at welfare of any particular section of the people; it results in welfare of all.
For example, if you improve water supply, everyone benefits. Technology and innovation are the backbone of governance. Technology also plays a large role in creating and maintaining transparency. Reducing public expenditure is yet another critical area. The government spends huge amount wages, pensions, interest payments, and agricultural subsidies and social sector schemes.
Good governance calls for drastic reduction in wasteful public expenditure. Rational and inclusive growth oriented expenditure would lead us to a higher stage of advancement.
A long-established legal system has given India the underpinnings necessary for free enterprise to flourish. Property rights are not fully secure, but the rule of law generally prevails. High and inclusive growth is entwined with good governance and the Modi government is making efforts to take to it to the next level.
Good leadership is the basic ingredient of governance. Quality leadership must be available at every level.
The government must be policy-driven. If governance is policy driven, those who have to execute those policies will be clear in their mind as to their functions, and responsibility and accountability will follow.Latest News Headlines – Get LIVE and exclusive news from India and the world. Read latest news updates on Current Affairs, Politics, Sports, Cricket, Bollywood, Business & Technology.
Also get. WION (World Is One News) brings latest & breaking news from South Asia, India, Pakistan, Bangladesh, Nepal, Sri Lanka and rest of the World in politics, business, economy, sports, lifestyle, science & technology with opinions & analysis.
timberdesignmag.com - India's leading website for all the latest world and Indian political news headlines and stories in India.
India's Best States. Description: An exclusive annual survey of the best and most improved performers, ranked on 12 key parameters. As many have answered, the problems they have stated (most of them) is to be solved by the Govt. So let me point out some problems to be solved by us, The People.
1. Racism: People from manipur and such places are not even recognized as Indians. I. Incorporated on July 23, at Mumbai, The New India Assurance Co. Ltd (NIA) is the oldest (in operation for almost a century) and largest general insurance company in India.