17.07.17 Jharkhand Current Affairs

Jharkhand   BSNL may set up 3,000 more telecom towers in Maoist hit areas. State-run BSNL may be asked to set up 3,000 more telecom towers on an urgent basis and enhance the satellite bandwidth in the Maoist-infested areas to improve communication among the security agencies operating there.   The task of setting up nearly 2200 telecom … Read more

16.07.17 Jharkhand Current Affairs

Jharkhand   Jharkhand aims the central waste management to be set up soon.   The state government is aiming to set up a central biomedical waste management plant for Ranchi and the five surrounding districts of Lohardaga, Khunti, Simdega, Gumla and Ramgarh ð The proposed plant will be set up in Lohardaga for treating medical waste from … Read more

15.07.17 Jharkhand Current Affairs

Jharkhand   Raghubar Das plans gala show to mark 1,000 days in power   The Raghubar Das government in the state is drawing up elaborate plansto celebrate the completion of 1,000 days in power on September 22. After a meeting with various departments to gauge the state’s growth rate, Das said that Jharkhand is second only to Gujarat … Read more

14.07.17 Jharkhand Current Affairs

Jharkhand Jharkhand to have new pass port seva kendra in 13 district   The Jharkhand Postal Circle is all set to start post office passport seva Kendra in 13 districts of the state in different phases. The objective is to ease the burden of theRegional Passport Office (RPO), Ranchi which receives more than 500 applications every day from across the … Read more

13.07.17 Jharkhand Current Affairs

Jharkhand   Court concludes hearing in coal case against ex-Jharkhand CM A special court today concluded hearing arguments in a coal scam case against former Jharkhand Chief Minister Madhu Koda, ex-Coal Secretary H C Gupta and others. Special CBI Judge Bharat Parashar posted the matter for July 27 for filing of rebuttal, if any, in the case pertaining to alleged irregularities in allocation of Rajhara … Read more

12.07.17  Jharkhand Current Affairs

Jharkhand   Skilled youth must be given jobs to create social balance: CII The Jamshedpur zonal council of the Confederation of Indian Industry (CII) organised a conclave here, titled ‘Developing the skill ecosytem: The way forward’. To enable employment ready workforce in the future, the youth need to be equipped with necessary skills and education.   Jharkhand to have … Read more

11.07.17 Jharkhand current affairs

Jharkhand   ·        Project Johar moves forward,gets Rs 40 crore for implementation   Jharkhand government has approved Rs 40 crore for implementation of the World Bank sponsored Project –Jharkhand’s Opportunities for Harnessing Rural Growth(Johar). The fund is planned to be used for implementation of the project Johar during 2017-18. The World Bank will support the … Read more

09.07.17 Jharkhand current affairs

Jharkhand   ·       Jharkhand govt to avert floods by releasing water from Tenughat dam The state government along with West Bengal’s government have jointly asked Tenughat dam(damodar Valley Corporation) officials to keep releasing water constantly to avoid reaching the danger mark and flood like situations due to incessant rainfall.   This step was taken by the Damodar Valley Reservoir … Read more

 08.07.17 Jharkhand current affairs

Jharkhand   IL&FS Eng Services bags Rs 236.76cr contract from JBVNL   IL&FS Engineering Services has bagged contracts worth Rs 236.76 crore from Jharkhand Bijli Vitran Nigam (JBVNL) for urban electrification works in the state.   The company has received two Letters of Intents (LoIs) from JBVNL under the Integrated Power Development Scheme (IPDS) for urban electrification works of Dhanbad and Dumka-Sahibganj electric … Read more

06/07/2017 Jharkhand current affairs

Jharkhand   9 Jharkhand ministers were at IIM-A to hone leadership   Nine of Jharkhand’s 11 ministers have arrived at the Indian Institute of Management-Ahmedabad (IIM-A) to take management lessons in a three-day leadership development programme.   Only Jharkhand chief minister Raghubar Das and his agriculture minister Randhir Kumar Singh are not attending the programme.     … Read more

Economic, social and environmental sustainability; concept of Green GDP; Strategy and policy for sustainable development in India

Economic, social and environmental sustainability The United Nations General Assembly adopted the 2030 Agenda for Sustainable Development and 17 Sustainable Development Goals (SDGs) as a universal and transformative development strategy. The 2030 Agenda commits the global community to “achieving sustainable development in its three dimensions—economic, social and environmental—in a balanced and integrated manner”. Bruntland Report … Read more

Meaning of Inclusive growth and development policy and strategy during 11th and 12th Five Year Plans.

Inclusive Growth is economic growth that creates opportunity for all segments of the population and distributes the dividends of increased prosperity, both in monetary and non-monetary terms, fairly across society.Indian Plans after the independence were based on the downward infiltration theory, which failed to bring equitable growth to all the sections of the Indian society. … Read more

Characteristics of Under Development

The term underdevelopment refers to that state of an economy where levels of living of masses are extremely low due to very low levels of per capita income resulting from low levels of productivity and high growth rates of population. Underdeveloped countries are now known as ‘developing countries’ signifying that such nations are capable of … Read more

Gender Development Index (GDI)

The GDI measures gender gaps in human development achievements by accounting for disparities between women and men in three basic dimensions of human development—health, knowledge and living standards using the same component indicators as in the HDI. The GDI is the ratio of the HDIs calculated separately for females and males using the same methodology … Read more

Indicators of development: HDI,India’s HDI progress

Human development is a process of enlarging people’s choices. The most critical ones are to lead a long and healthy life, to be educated and to enjoy a decent standard of living. Additional choices include political freedom, guaranteed human rights and self-respect.Human development has to be development of the people, by the people, for the … Read more

Governmental policies for food and nutritional security

According to the 1996 World Food Summit, food security exists “when every person has physical and economic access at all times to healthy and nutritious food in sufficient quantity to cover the needs of their daily ration and food preferences, in order to live a healthy and active life.”   The nutritional dimension is an integral … Read more

Concept of Agro-forestry, Waste lands and means to reclaim them

Agroforestry: Agroforestry is a land-use system in which trees/shrubs are grown in association with agricultural crops, pastures or livestock. This integration of trees and shrubs in the land-use system can be either a spatial arrangement, e.g. trees growing in a field at the same time as the crop, or in a time sequence, e.g. shrubs … Read more

Government schemes for the benefit of the farmers of the Jharkhand

Some of the government schemes for the benefits of the farmers in Jharkhand are: Single Window Platform-> Jharkhand has become the first state in India to launch a single-window facility for farmers. Kisan Suvidha App-> It is a free mobile application that provides weather forecasts for the next five days, besides information on prices of … Read more

Problems and issues of storage,procurement distribution,import and export: Government policies,schemes and programmes such as, PDS, ICDS and Mid-day Meal etc.

WHO Defines Food security to exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food which meets their dietary needs and food preferences for an active and healthy life. Food security has three interlinked contents such as :- Availability of food, Access to food and absorption of food. Food … Read more

Financial inclusion

Financial inclusion or inclusive financing is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where those services are not available or affordable. Government of India has launched an innovative scheme of Jan Dhan Yojna for Financial Inclusion to provide the financial … Read more

New economic Reforms-Liberalization, Privatization and Globalization, rationale and need for reforms

Impacts of Privatization Privatization in generic terms refers to the process of transfer of ownership, can be of both permanent or long term lease in nature, of a once upon a time state-owned or public owned property to individuals or groups that intend to utilize it for private benefits and run the entity with the aim of … Read more

Meaning and Measurement of Economic Development

Economic Growth Economic growth means an increase in real GDP. This increase in real GDP means there is an increase in the value of national output / national expenditure. Economic growth is an important macro-economic objective because it enables increased living standards and helps create new jobs. Measurement of Economic Growth Economic growth is measured … Read more

Globalization of Indian economy ; its positive and negative impacts on different sectors, issues of FDI and FII in India.

Globalization essentially means integration of the national economy with the world economy. It implies a free flow of information, ideas, technology, goods and services, capital and even people across different countries and societies. It increases connectivity between different markets in the form of trade, investments and cultural exchanges. The concept of globalization has been explained … Read more

Structure of Indian monetary and banking system in India

Indian Money Market and Banking system is regulated by Reserve Bank of India.The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. Main Functions of RBI are as follows:- Monetary Authority: Formulates, implements and monitors the monetary policy. Objective: maintaining price … Read more

concept of VAT

VAT is a multi-stage tax levied at each stage of the value addition chain, with a provision to allow input tax credit (ITC) on tax paid at an earlier stage, which can be appropriated against the VAT liability on subsequent sale. VAT is intended to tax every stage of sale where some value is added … Read more

Composition and direction of India’s trade; Balance of payment problem

Balance of Payments is a systematic record of all economic transactions undertaken by residents of one country i.e. households, firms and the government with their counterparts in rest of the world. It consists of: 1. Current Account, 2. Capital Account and 3. Reserve Account. The Current Account covers transactions in goods and services and transfers … Read more

Fiscal Policy : Concept and role of fiscal policy in achieving employment, stability and economic development.

Fiscal policy is that part of Government policy which is concerned with raising revenues through taxation and other means along with deciding on the level and pattern of expenditure it operates through budget. However, generally the expenditure exceeds the revenue income of the Government. In order to meet this situation, the Government imposes new taxes … Read more

Public Expenditure : Theories of public expenditure; causes of growth of public expenditure and its impact on economy; internal and external borrowings.

Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provision, infrastructure, etc. Until the 19th century, public expenditure was limited as laissez faire philosophies believed that money left in private hands could bring better returns. In democracy, public expenditure is an expression of people’s will, … Read more

Public Revenue-Principles and types of taxation; direct, indirect, progressive and proportional

India has a well developed taxation structure. The tax system in India is mainly a three tier system which is based between the Central, State Governments and the local government organizations. In most cases, these local bodies include the local councils and the municipalities. According to the Constitution of India, the government has the right … Read more

Industrial Economy: Policy Initiative & charges

The Indian Government had undertaken industrial policy reforms since 1980, but the most radical reforms have occurred since 1991, after the severe economic crisis in fiscal year 1990-91. These reforms mainly aimed at enhancing the efficiency and international competitiveness in Indian industry. Growth in the industrial sector is one of the vital figures that affect … Read more