Web developer l busi... • 1y
Happy to see your curious comment. Just take example of NorthKorea ,where all goods production and the price of goods is decided by government itself..(this is state run economy) Whereas In India or America private individuals and businesses take those decisions according to current market.(this is market-run economy). Another important thing, why state run economy causes problems in economy is The decisions taken by government will take lot of time and the decisions might not be effective enough to make profits. Hope you understood..still have doubts. Feel Free to post .. by the way I'm also graduated from MVSR Engineering College( 2022)
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The Andhra Pradesh government is reintroducing the NTR Baby Kit scheme to support the health of newborns and mothers in government hospitals. Originally launched in 2016 by the TDP government, the scheme was later discontinued. It is now being revive
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India is planning to change the GST system from four slabs to just two. The 12% slab will come down to 5%, the 28% slab will drop to 18%, and luxury or sin goods could be taxed at a new 40% rate. This is one of the biggest tax changes since GST start
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