Import Substitution in India: Issues, Challenges and PromotionAakriti Agarwal
Explains the concept of Import Substitution, looks into the top imports of India, namely- Oil, Gold, Electronics and Machinery and tries to suggest methods of import substitution for the same.
Import Substitution in India: Issues, Challenges and PromotionAakriti Agarwal
Explains the concept of Import Substitution, looks into the top imports of India, namely- Oil, Gold, Electronics and Machinery and tries to suggest methods of import substitution for the same.
A power point presentation about India foreign trade's introduction, compostion of its imports and exports, also the direction of its imports and exports, with the help of some data diagrams.
A power point presentation about India foreign trade's introduction, compostion of its imports and exports, also the direction of its imports and exports, with the help of some data diagrams.
Trends and challenges of BOP of India,Balance Of Payments Position in India,Balance Of Payments – Introduction
Components Of A BOP Statement
Balance Of Payment in India
Bop Crisis In India
Developments In India’s Bop During April-June 2014
Measures of Correcting Balance of Payment
Balance of Payment Disequilibrium and CausesNeema Gladys
1.Balance of Payment
The balance of payment of a country is a systematic accounting record of all economic transactions during a given period of time between the residents of the country and residents of foreign countries.
2.Componets of BOP
Current Account
It includes imports and exports of goods and services and unilateral transfer of goods and services.
Capital Account
Under this are grouped transactions leading to changes in foreign assets and liabilities of the country.
3. Accounting Treatment of Items (Debit and Credit Items)
Any item which gives rise to a sale of foreign exchange (an inflow) is recorded as a credit item (+) in the accounts e.g. export of goods and services
Any item which gives rise to the purchase of foreign exchange (an outflow) is recorded as a debit item (-) in the accounts e.g imports of goods and services.
4. BOP Disequilibrium
BOP is a double entry accounting record, then apart from errors and omissions, it must always balance.
The BOP deficit or surplus indicate imbalance in the BOP.
This imbalance is interpreted as BOP Disequilibrium.
A country’s balance of payments is said to be in disequilibrium when its autonomous receipts (credits) are not equal to its autonomous payments (debits).
5.BOP Deficit
A deficit or an unfavorable balance exists when the value of autonomous debit items exceeds the value of autonomous credit items.
6. BOP Surplus
A surplus or a favourable balance exists when the value of autonomous credit items exceeds the value of autonomous debit items.
Brief PPT on Balance of payment Vs Balance of TradeShubham Parsekar
The ppt is based on Balance of payment and Balance of trade, their meaning ,factors affecting them and difference between both i.e BOP & BOT.
i hope this presentation will be helpful to you , as everything is tried to fit in these slides. i suggest everyone to just go through the economics text book and gain more insights if one is very much interested in it.
please like the presentation and comment below your views about it.
follow me on slideshare for more informative power point presentations.
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+ The Capital Account
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- Portfolio Investment – in which the investor has no control over the assets nor any participation in the management.
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Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
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Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
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Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
2. It is
a record a country's international transactions,
and which (because double entry bookkeeping is
used) always balance out with
no surplus or deficit shown on the overall basis.
A surplus or deficit, however, can be shown in
any of its three component accounts:
(1) Current account, (Net amt country earning)
(2) Capital account, (FDI, portfolio & other inv.)
(3) Gold account
3. BOP accounting serves to highlight a
country's competitive strengths and
weaknesses, and helps in achieving
balanced economic-growth.
4. But Sometimes countries faces severe
economic ups & Downs due to BOP.
The is because of certain Environmental
causes present in the physical, political,
technical, geographical environment of that
economy.
5. Development Schemes
-in the developing
countries is the huge investment in
development schemes is cause in these
countries. The propensity to import of the
developing countries increases for want of
capital for industrialization. The exports, on the
other hand, may not increase because these
countries are traditionally primary producing
countries.
6. Price-Cost Structure-
Increase in prices due to
higher wages, higher cost of raw materials, etc.
reduces exports and makes the balance of
payments unfavourable.
Changes in Foreign Exchange Rates-
An increase in the
external value of money makes imports cheaper
and exports dearer; thus, imports increase and
exports fall and balance of payments become
unfavourable.
7. International Borrowing and Lending
The
borrowing country tends to have unfavourable
balance of payments, while the lending country
tends to have favourable balance of payments.
Natural factors
Natural calamities, such as
droughts, floods, etc., adversely affect the
production in the country. As a result, the
exports fall, the imports increase and the
country experiences deficit in its balance of
payments.
8. Import Substitution-
Government initiatives like
“Make in India”, Skill India, Start-up India etc.
Encourages population to invest in domestic
economy to become self sufficient.
Export Promotions-
Welcoming Indian Exporters
to flourish Indian trading activities in the foreign
nations to led Indian products reach in faraway
markets.
9. Import liberalisation in priority areas
Expenditure-reducing Policy
Cost Reduction-
Decreasing cost of production, &
hence make our product competitive in global;
markets.