Economic Reforms: Nature and Objectives paring budget, setting interest rates, etc. The economic policy also influences the national ownership, labour market, and several other economic… Read More »Economic Reforms: Nature and Objectives
Mixed Economy Mixed economy emerges with joint characteristics of capitalist and socialist economy. It is the combination of public ownership as well as private ownership.… Read More »What is Mixed Economy? Features, Merits and Demerits
Socialism is an economic system which is owned and regulated by the government. All the production and other activities such as investment pattern, income distribution,… Read More »What Socialism: Features, Merits and Demerits
Five Year Plan Objectives Economic Growth: Economic planning in India aims at bringing about a rapid economic development in all sectors. The key sectors are agriculture,… Read More »Five Year Plans Objectives and Importance
Five Year Plan is usually spread over a period of two to three years. The first stage is the consideration of the general approach, to… Read More »Five Year Plan and their Importance
Meaning and Definition of Economic Planning Economic Planning can be defined as the long term plans and decisions made by the central government for the… Read More »Economic Planning in India: Objectives
Indian Economy Structure is a Mixed Economy. India’s large public sectors were responsible for rendering the country a ‘mixed economy’ feature. Indian economy is basically based… Read More »Indian Economy Structure
Mischief Rule The third rules are simply the process of adding more meaning or definitions to fill the gaps in the statue. This rule requires… Read More »Mischief Rule of Interpretation of Statues
Golden Rule The Golden rule, or British rule, is a form of statutory interpretation that allows a judge to depart from a word’s normal meaning… Read More »Golden Rule Interpretation of Status
Literal Rule Under this rule the considers what the statute actually says, rather than what it might mean. In order to achieve this, the judge… Read More »Literal Rule of Interpretation of Statues