Some Noteworthy Facts

  • In the production of vegetables, India is on the second* position (after China).
  • India is on the first position in the production of milk.
  • The highest producer of milk in India is Uttar Pradesh*
  • India is the third* largest producer of Tobacco. The largest producer and consumer of tobacco is China.
  • The position of India is first as a producer of pulses.
  • First Hydel Power Plant in India was started in Darjiling.
  • First postal stamp was launched in India in 1852.
  • The Money Order System in India was launched in 1880.
  • Maharashtra is the 1st state which accorded the status of Industry to agriculture in 1997.
  • The 'Big Push Theory' has been given by R. Rodan.
  • Alfred Marshal propounded the 'Principle of consumer surplus'.
  • Central Agmark Laboratory is in Nagpur.
  • First Cotton Industry of the country was established in Kolkata in 1818 and the second by Kovas Jee Nana Bhai in Mumbai in 1853.
  • Sindri Fertilizer Factory, Chittaranjan Locomotives, Indian Telephone Industry, Integral Coach Factor), Penciline Factory, Indian Telephone Industry were all established during first Five Year Plan.

More Related Articles

Highlights of Indian Economy

According to the Economic Survey 2021-22, Advance Estimates suggest that the Indian economy is expected to witness real GDP expansion of 9.2 % in 2021-22 after contracting in 2020-21. This impl

examguru by ExamGuru

Economy & Economics

Economy: It is the state of a country or region in terms of the production and consumption of goods and service and the supply of money. Types of Economy Depending upon the dominant view o

examguru by ExamGuru

Characteristics of Indian Economy

Main characteristics and various aspects of India Economy are: 1.  Agrarian Economy: Even after seven-decades of independence, agriculture plays a vital role in India’s economy. 5

examguru by ExamGuru

Agriculture and Land Development

Agriculture and Food Management The agriculture sector, which is the largest employer of workforce, accounted for a sizeable 18.8 % (2021- 22) in Gross Value Added (GVA) of the country registeri

examguru by ExamGuru

National Income

National income is the measurement of flow of services and goods in economic system. Comparison between National income with National wealth: The national wealth is the measurement of present ass

examguru by ExamGuru

Economic Planning and Development

Economic Planning is the process in which the limited natural resources are used skillfully so as to achieve the desired goals. The concept of Economic Planning in India, is derived from Russia (th

examguru by ExamGuru

Unemployment and Employment (Programmes and Schemes)

In common parlance anybody who is not gainfully employed in any productive activity is called unemployed. However, it can be of two kinds- 1. voluntary unemployed and 2. involuntary unemployed. Her

examguru by ExamGuru

Trade and Commerce

Indian Trade was extremely developed during ancient time. After the British East India Company was established in 1600, the trade between India and Britain was in India's favour till 1757. At

examguru by ExamGuru

New Economic Policy

New Economic Policy is related to economic reforms. Its aim is to bring about reforms in production pattern, to obtain new technology and to use full capacity expeditiously and in toto. The New E

examguru by ExamGuru

Indian Financial System

Indian Financial System is a system in which People, Financial Institutions, Banks, Industrial Companies and the Government demand for fund and the same is supplied to them. There are two parts o

examguru by ExamGuru

Toppers

anil kumar
Akshay kuamr
geeta kumari
shubham