INR600 billion (US$10 billion).[1] The project was launched in 2001 by Atal Bihari Vajpayee under the NDA government‚ and was planned to complete in January‚ 2012.[2] The vast majority of the Golden Quadrilateral (GQ) is not access controlled‚ although safety features such as guardrails‚ shoulders‚ and high-visibility signs
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Economics Assignment 2 The Indian Economy Executive Summary The Indian Economy is currently experiencing strong growth adverse to difficulties witnessed after the global financial crisis. Current GDP levels at approximately $1.5 US Dollars as the fifth largest economy in the world. The aim of this paper is to address macroeconomic conditions that may affect India’s ability to maintain high levels of growth. Monetary and Fiscal policy have been analysed and recommendations made to manage
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German recovery even frightened France as well (Text Pgs 782-785). The vast expansion of the automobile industry was key to US economic expansion. During World War II‚ many factories had been geared towards outfitting military units with vehicles. After the war‚ the war level demand dropped and industry had spare capacity. Vehicles are particularly important to an economy‚ because of all of the components that go into making a car. Mass production meant that a factory commonly specialized in one‚
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BE 2403 ECONOMICS FOR NON ECONOMISTS Free Market and Command Market Introduction Globally‚ there are at least 4 well known economy systems that are used by countries around the world. They include the traditional market‚ free market‚ command market and mixed market. Certainly‚ the way government policies work and their influence on the economic growth of their country vary depending on which economic system is used. It is also important to note that these different systems of economy management
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CURRENT ECONOMIC SITUATION 1 The Current Macroeconomic Situation Crystal Loveday Devry University ECON 312: Principles of Economics Summer B‚ 2011 CURRENT ECONOMIC SITUATION 2 Introduction The current macroeconomic situation in the United States of America according to the article Economy in the United States that it is the world’s largest national economy‚ but has been going
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Conclusion: 11 References 12 Background Israel was under British mandate untill May 14‚ 1948 when it declared its independence. The Israeli economy is highly diversified open-economy that depends on imports of raw materials‚ crude oil‚ gains and military supplies. In spite of having very limited natural resources‚ Israel has a highly developed agriculture and industrial sector. The Israeli economy mostly relies on exports (45% of its GDP) and services such as high technology equipment‚ agricultural
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Few are beneficial‚ but most are devastating. Bushfires have a huge impact on our economy‚ as they usually come with destruction of property and business. Homes‚ livestock‚ crops‚ offices‚ shopping centres and other infrastructure can all be burnt down during the course of a bushfire. This leaves the families affected with no source of
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Franklin D. Roosevelt took office with the intentions of stabilizing the economy and bringing relief to those who were suffering as a result of the Great Depression. He did so by enacting a group of experimental programs and projects that are collectively known as the New Deal. The New Deal has had a lasting impact on the United States and to this day is known as one of the most significant molding elements in history. The reforms made to the American banking systems are the longest lasting impact
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ECONOMIES OF SCALE AND ECONOMIES OF SCOPE Economies of scale are reductions in average costs attributable to production volume increases. They typically are defined in relation to firms‚ which may seek to achieve economies of scale by becoming large or even dominant producers of a particular type of product or service. A distinction can be made between internal and external economies of scales. Internal economies of scale occur when a firm reduces costs by increasing production. External economies
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Direct Taxes: A Direct tax is a kind of charge‚ which is imposed directly on the taxpayer and paid directly to the government by the persons (juristic or natural) on whom it is imposed. A direct tax is one that cannot be shifted by the taxpayer to someone else. The some important direct taxes imposed in India are as under: Income Tax: Income Tax Act‚ 1961 imposes tax on the income of the individuals or Hindu undivided families or firms or co-operative societies (other tan companies) and trusts
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