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The Industrial Development Bank of Pakistan (IDBP) was established on July 29, 1961, through the transformation of the Pakistan Industrial Finance Corporation (PIFCO). [1] PIFCO, founded in February 1949 with a share capital of Rs. 20 million, was primarily funded by the Central Government (51 percent) and various institutional and individual ...
Gandhian socialism generally centers on Hind Swaraj or Indian Home Rule authored by Gandhi. Federation of political and economical power and demonstrating a traditionalist reluctance towards the modernisation of technology and large scale industrialisation whilst emphasising self-employment and self-reliance are key features of Gandhian socialism.
A digital bank represents a virtual process that includes online banking, mobile banking, and beyond. As an end-to-end platform, digital banking must encompass the front end that consumers see, the back end that bankers see through their servers and admin control panels, and the middleware that connects these nodes.
Development financial institution (DFI), also known as a Development bank, is a financial institution that provides risk capital for economic development projects on a non-commercial basis. DFIs are often established and owned by governments or nonprofit organizations to finance projects that would otherwise not be able to get financing from ...
Gandhi was assassinated in 1948, but his teachings and philosophy would play a major role in India's economic and social development and foreign relations for decades to come. Sarvodaya is a term meaning 'universal uplift' or 'progress of all'. It was coined by Gandhi in 1908 as a title for his translation of John Ruskin's Unto This Last.
J. C. Kumarappa (born Joseph Chelladurai Cornelius) (4 January 1892 – 30 January 1960) was an Indian economist [1] and a close associate of Mahatma Gandhi.A pioneer of rural economic development theories, Kumarappa is credited for developing economic theories based on Gandhism – a school of economic thought he coined "Gandhian economics."
The Medium Term Development Framework (Urdu: قالبِ وسط مدّتی برائے ترقیات) (denoted as MTDF), is a policy measure programme of the Government of Pakistan drafted by the Ministry of Finance, Economic Coordination Committee and the Planning Commission of Pakistan, formulated to strengthen the national economy and civil infrastructure.
The Seventh Five-Year Plans for National Economy of Pakistan, otherwise known as Seventh Plan, [1] were a set of a highly centralized and planned economic development targets designed for the improvement of the standard of living, and overall strengthening of gross domestic product (GDP) growth in Pakistan, between the period of 1988 until its termination in 1993.