India, when it got independence, was in economic turmoil. Britishers had destructed our manufacturing sector and flooded the markets with England mass-produced goods. In order to protect and develop our indigenous industries, Government of India decided to follow close-market economic … Read the rest
For centuries, we have been destructing the environment for our economic gains. And over the years destruction has only increased. We have now reached such a point that it has become almost impossible to undo the damage. In order to … Read the rest
Reports of PSUs in losses have been lingering from a decade. An increasing number of PSUs, even the highly profitable ones, have run into debts and losses.
There are some general reasons and some specific blunders committed by the Indian … Read the rest
Fixed pay is the fixed amount of salary that an employee gets at the end of the month whereas Variable pay is the incentive paid to the employee, monetary or non-monetary, based on their performance for the month.
The … Read the rest
- Air India has been making losses over the past decade.
- In 2018, Indian government tried to privatise Air India, but no one was interested in buying it.
- Air India was founded by JRD Tata in 1946.