Primary sector of the economy The primary sector of the economy is the sector of an economy making direct use of natural resources. This includes agriculture‚ forestry and fishing‚ mining‚ and extraction of oil and gas. This is contrasted with the secondary sector‚ producing manufactures and other processed goods‚ and the tertiary sector‚ producing services. The primary sector is usually most important in less developed countries‚ and typically less important in industrial countries. The manufacturing
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INNOVATIONS IN BANKING SECTOR INTRODUCTION The term innovation means”to make something new”. Banks no longer restricted themselves to traditional banking activities but explored newer avenues to increase business and capture new market. INDIAN BANKING SECTOR From 1806 qualitative & quantitative changes have been taken place. With 1935 regulation RBI was proclaimed as central bank of India. In 1990’s greater emphasis was placed on technology & innovation. New concepts like personal banking
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has their own dedicated target market. Few of them only work in rural sector while others in both rural as well as urban. Many even are only catering in cities. Some are of Indian origin and some are foreign players. India’s economy has been one of the stars of global economics in recent years. It has grown by more than 9% for three years running. The economy of India is as diverse as it is large‚ with a number of major sectors including manufacturing industries‚ agriculture‚ textiles and handicrafts
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According to the AC Nielsen India study‚ the industry grew 5.3% in value between 2004 and 2005. Indian FMCG Sector | | The Indian FMCG sector is the fourth largest in the economy and has a market size of US$13.1 billion. Well-established distribution networks‚ as well as intense competition between the organised and unorganised segments are the characteristics of this sector. FMCG in India has a strong and competitive MNC presence across the entire value chain. It has been predicted that
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Course: HND in TRAVEL and TOURISM Unit : QCF-Level 5 in TRAVEL and TOURISM SECTOR Task 1:a Examine the historic developments in the field of travel and tourism with reference to the contribution of tehnological and economic developments‚including the industrial revolution over the last two hundred years. History of Tourism The term travel and tourism is certainly not a new phenomenon
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There has been considerable scientific debate on how to make the public sector function in the best way‚ and in particular there has been a debate on the role of government‚ of regulatory institutions and of good governance in the developing world. With (great) power comes (great) responsibility‚ but how much and what form of state intervention (government regulation) is needed to achieve economic development‚ political accountability‚ poverty eradication and other objectives? This debate
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Hydro energy contribution to power generation in india . Power generation sector is always a considering sector in india . India as being a developing country lags behind in the power generation to fulfil the demand supply ratio . But still there is always an increment in power generation year by year . Indian ministry of power have been building new policies to meet the expectation in energy generation by using conventional and nonconventional sources of energy . India is putting emphasis on
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Introduction: Being major player in national economy livestock sector has been selected as an economy engine for poverty alleviation from Pakistan. According to economic survey of Pakistan 2011-12‚ its contribution to agriculture value added is approximately 55.1 % and to national GDP is 11.6 %. Livestock is raised by more than 8.5 million small and landless families in the rural areas and 35-40 million rural populations are dependent on this. In Pakistan livestock includes cattle‚ buffalo‚ sheep
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for farmers‚ spur investment in infrastructure‚ and bring benefits to consumers‚" he said. Asked how it would increase US-India trade‚ Toner said while he did not have the numbers "a number of US firms are obviously keen to invest in the retail sector of India‚ and obviously I think will only deepen our economic cooperation." The US-India Business Council (USIBC)‚ made up some 400 top US companies seeking better commercial ties with India‚ has also applauded the measure. "The new law will
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economic activities Sector The primary sector of the economy extracts or harvests products from the earth. The primary sector includes the production of raw material and basic foods. Activities associated with the primary sector include agriculture (both subsistence and commercial)‚ mining‚ forestry‚ farming‚ grazing‚ hunting and gathering‚ fishing‚ and quarrying. The packaging and processing of the raw material associated with this sector is also considered to be part of this sector. In developed and
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