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Liberalization, Privatization, Globalization (LPG Model) in India

LPG Model in India After Independence in 1947 Indian government faced a significant problem to develop the economy and to solve the issues. Considering the difficulties pertaining at that time government decided to follow LPG Model. The Growth Economics conditions of India at that time were not very good. This was because it did not have

Collaborative Planning Theory

Collaborative Planning Theory

Collaborative Planning Theory is one of the most widely practiced theories which takes into account the roles  of the people for a better plan making. Four Components of Collaborative Planning Theory: 1. Arenas of discoursee are produced and reproduced. Arenas refers to the  spaces where negotiations and re-negotiations take place. Planning is an interactive and

Political Economy Model in Urban Planning

Political Economy Model

Political Economy Model in Urban Planning Political Economy Model aims at unearthing the power relations in and among different institutions. It studies the economic aspects of the government. It analyses the relation between impact of political actions such as policies and programmes on economics and the pure theory of economics which aims at studying the inter-relationships between

BPL Identification in India

below poverty line

Identification of people living below poverty line (BPL) in India is a task carried out by Govt. of India from time to time. The process and methods adopted varies from time to time. Various groups and committees were formed to decide who should be considered as “poor”. The Expert Group in August 2009 recommended the

Ricardo theory of rent

Ricardo theory of rent

Ricardo formulates the “law of rent” around 1809 also known as Ricardo theory of rent . The Law of Rent states that the rent of a land site is equal to the economic advantage obtained by using the site in its most productive use, relative to the advantage obtained by using marginal (the best rent-free) land

TBS Land Airbus

TBS Land Airbus

What is TBS Land Airbus? The “TBS Land Airbus” is a concept of a large train-like vehicle that straddles roadways, requiring neither elevated tracks nor tunnels. It sits on stilts that connect to either side of the road, allowing regular cars to freely pass underneath it. The vehicle will move along fixed tracks at a speed of