Vietnam has improved its growth rate from 2.8% in 1986 to 7.1% in 2019. Its policy, ‘doi moi’ (to make a change) was introduced in 1986. This policy aimed to open its economy and encourage free trade. There was a dramatic increase in foreign investment into Vietnam. As per a 2019 World Ban...
India presently holds a positive demographic trend. Significant spending on public welfare can create better employment oppurtunities for the country’s young job seekers. Education is a key sector.Amartya Sen in his book ‘Readings in Human Development’ (2003) explained how enhanced healthcare ...
The hostel segment has emerged as a key component in the Indian hospitality sector. It offers a cheaper alternative to hotels and homestays. It takes around Rs. 1200 - Rs. 2000 to book an average hotel or a homestay. But a hostel accommodation can offer a 12-hour stay at Rs. 500 - Rs. 600 in shared ...
There seems to be an ongoing labour crisis in the organised tea gardens in India. This predicament has been aggravated by the stagnancy in the Indian tea industry. Looking back, the tea estates were initiated during the British period and operated under oppressive structures that mainly exploited th...
Many experts feel more focus on the horticulture sector may ease agrarian distress in India. But domestic market linkage and opportunities to grow in the international market are necessary for horticulture producers and distributors. Government bodies and institutes are functioning to enhance the ma...
Floriculture is a segment of horticulture that deals with the commercial production and marketing of cut flowers and green leaves, landscape plants, bedding plants, houseplants, green interior walls and potted plants. It has gradually flourished as a profitable business and has gained substantial tr...
The Eastern Union region is being conceptualised as the future alliance of Indo-Pacific nations that will bring integrity to the region. The Indo-Pacific region is strategically significant as 60% of the global maritime trade is done through this region. The idea of the Eastern Union is to create th...
A consistent demand for energy is pushing the oil needs in India. In 2019, the country’s oil demand grew by 2.6% to reach 211.6 million tonne (MT). India is largely dependent on crude oil imports - around 83% - and the figure is likely to rise. The International Energy Agency (IEA) recently inform...
The furniture industry can only flourish with a booming real estate industry as a pre-condition. Furniture is the first need to make a property ready for living. But according to the latest data of the second quarter of the current fiscal, housing sales have dipped over 9%. This is expected to hit b...