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The paper examines three major aspects of reform initiatives in budgetary system in India, namely, (i) making the budget performance oriented, (ii) bringing in multi‐year perspective to expenditure planning, and (iii) establishing a rule based budget management system. The reform initiatives have provided basis to pursue further modifications to benefit from the changes. To achieve the intended objectives, the innovations should be accompanied by improvements in associated systems and processes. The performance orientation of the budgeting system requires developing credible performance information, integrating them in the budget decisions, and strengthening the performance management system. Second, the role of multi‐year expenditure planning for effective allocation of resources by countering the entrenched incrementalism in public budget has been acknowledged and the initial progresses need to be reinforced further to establish a credible MTBF system. Third, the desirable elements of next generation fiscal rules should be adopted to improve the effectiveness of the rule based budget management system.

Make in India is an initiative of the Government of India, to encourage companies to manufacture their products in India. Prime Minister Narendra Modi had hinted towards the launch of Make in India Campaign in his Independence Day speech of 15 August 2014. It was launched on 25 September 2014 in a function at the Vigyan Bhawan. A young nation with 800 million people under age 35, India is brimming with optimism and confidence. The young people's energy, enthusiasm and enterprise are India's greatest strength. Unleashing those attributes is the present government's biggest mission.

Entrepreneurship provides young people an opportunity to work on their own skills and interests and hence they can create their own employment. Encouraging entrepreneurship in young people is an important way of utilizing their enthusiasm, energy and ambition to contribute to economic development. It is commonly welcomed that entrepreneur's create jobs, increase innovation, raises competition and is responsive to changing economic opportunities and trends. Young entrepreneurs can also act as role models for their peers and, encourage others to follow their paradigm. According to the World Bank's World Development Report 2013, around 600 million new jobs will be required in the next 15 years to support a growing workforce. It is important to note that in most emerging economies, 9 out of 10 jobs are created by the private sector, which is the foundation of any thriving economy. In the coming years, developing countries must rebalance their economies towards greater domestic consumption, import demand and higher value business activity and hence, entrepreneurship is vital to the future of developing countries. The Indian economy has been affirming positive sentiments during the past few months. The macroeconomic indicators have also displayed an encouraging trend in the recent times. However, the situation of the manufacturing sector in India is a cause of concern. The recent measures initiated by the new government in terms of facilitation to industrial sector, creation of favorable environment for the manufacturing activities, focus on improving industrial policies and procedures and reforming labor laws have facilitated recovery in industrial sector. The Government recently launched the Make in India initiative which is expected to make India a manufacturing hub while eliminating the unnecessary laws and regulations, making bureaucratic processes easier, make government more transparent, responsive and accountable and to take manufacturing growth to 10% on a sustainable basis. Apart from initiatives such as ...

The growth of the economy is dependent on the growth of the rural market in the country. The availability of quality financial services in rural areas is extremely important for the growth of the economy as this will enable the large number of rural households to fund the growth of their livelihoods. Therefore greater financial inclusion in these segments is imperative. Through Financial inclusion we can achieve equitable and inclusive growth of the nation. Depending on the stage of development, the degree of Financial Inclusion differs among countries. For the inclusive growth process of economy the central bank has also provided high importance to the financial inclusion. The study focuses on the role of financial inclusion in strengthening the India's position in relation to other countries economy and the initiatives taken by Government and Reserve Bank of India for strengthening financial inclusion in the country. The relevant data for this study has been collected with the help of from various Research journals, Articles, reports of RBI, reports of NABARD and online resources. After analysing the facts and figures it can be concluded that undoubtedly financial inclusion is playing a catalytic role for the economic and social development of society but still there is a long road ahead to achieve the desired outcomes.

Government of India has embarked its highly ambitious programme 'Make in India' campaign to galvanise the manufacturing sector of the country and to increase the inward investment in different sectors. Textile industry, one of the largest and highly labour intensive manufacturing sectors in India, is one of the identified benefactors of this campaign. The present paper deals with the impact of Make in India scheme on the Textile and allied sectors. Indian yarn spinning sector occupy 24 percent of the world's spindles, and 8 percent of the world's rotors. India is one of the few textile producing countries in the world which can claim the complete value chain productivity strength. The sector also has several advantages like, abundance of availability of raw materials like cotton and silk, and the comparative advantage in terms of skilled manpower. Make in India leads to penetration of organized retail, favorable demographics and rising income levels.

Study traces major Open Access Initiatives in a digital environment. Major National Open Access initiatives briefly enumerated to give an overview of the movement. Study strives to illustrate initiatives on open access to information and knowledge. Some of the common open access channels found are digital libraries, open access journals, institutional repositories, national-level repositories, open courseware, metadata harvesting services, etc. Most of the open access initiatives are supported by government bodies or public institutions, followed by non-profit making organizations.