Assam Economy

Migration is a dynamic phenomenon that has shaped human history, culture, and economies across the globe. It involves the movement of individuals or groups from one geographical area to another, often in search of better opportunities, safety, or improved living conditions. The economic implications of migration are vast and multifaceted, influencing both the origin and … Read more

Poverty and income inequality are two intertwined issues that plague societies around the world. They represent significant challenges to social justice, economic stability, and human well-being. Understanding their complexities is crucial for developing effective solutions. Poverty: Poverty is a multifaceted concept encompassing the lack of resources necessary for a minimum standard of living. This includes … Read more

Assam, located in the northeastern part of India, holds a unique position in the country's economic landscape. Known for its abundant natural resources, diverse agriculture, and burgeoning industries, Assam has been a significant contributor to India's GDP. This article delves into the multifaceted contributions of Assam to the national economy, examining its agricultural, industrial, and … Read more

Climate change has become a pressing global challenge, and its impacts on Assam, a northeastern state of India, are profound. Known for its diverse ecosystems, fertile agricultural lands, and abundant natural resources, Assam is particularly vulnerable to climate variability. This article delves into the economic repercussions of climate change in Assam, highlighting the effects on … Read more

Banking and financial services form the backbone of modern economies, enabling individuals, businesses, and governments to manage money, access credit, and secure investments. This article delves into the various aspects of banking and financial services, covering their evolution, types, functions, regulatory framework, challenges, and future trends. 1. Introduction to Banking and Financial Services Definition: Banking … Read more

Microfinance in Assam presents a unique and complex landscape, characterized by both significant challenges and untapped potential. While microfinance has played a crucial role in poverty alleviation and women's empowerment in many parts of India, its trajectory in Assam has been marked by distinct hurdles and a slower pace of growth compared to other regions. … Read more

Self-Help Groups (SHGs) have emerged as a transformative mechanism for social and economic empowerment, particularly for women in rural and semi-urban areas. By fostering collective action, SHGs empower women to break free from social constraints, achieve financial independence, and improve their societal status. Introduction to Self-Help Groups (SHGs) Self-Help Groups are small, voluntary associations of … Read more

Assam, a state nestled in the northeastern part of India, is renowned for its lush greenery, tea gardens, and rich biodiversity. However, the state is also highly susceptible to floods due to its unique geographical features, including the Brahmaputra River and its numerous tributaries. While the floods contribute to the fertile landscape, they also wreak … Read more

Erosion and land loss are pressing global issues with significant economic, environmental, and social implications. These phenomena can result from natural processes like water, wind, and ice or human activities such as deforestation, agriculture, and urbanization. The economic impact of erosion and land loss is multifaceted, affecting sectors like agriculture, infrastructure, tourism, and fisheries, while … Read more

India's Act East Policy (AEP) is a diplomatic initiative focused on strengthening economic and strategic relations with the countries of Southeast Asia. While the entire Northeast region is geographically crucial to this endeavor, Assam holds a particularly significant position due to its size, resources, and infrastructure. This article delves into the multifaceted role Assam plays … Read more