Monday, July 24, 2023

Evolution of Management Education

Management Education in India formally began in 1953 at the Indian Institute of Social Welfare and Business Management (IISWBM). The first B.School established by Government of West Bengal and Kolkatta Unibersity. However, a few institutions like Tata Institute of Social Sciences (1936) and Xavier Labour Research Institute (1949) had already started training programmes for managers in personnel function well before launch of first MBA programme at IISWBM. 

Pigovian tax & Discount house

Pigouvian tax:  It is a tax levied on any market activities that generates negative externalities. This tax objective is to correct an inef...