Indian National Account

? India’s National Accounts It is emphasised that in view of the essentially de-centralized character of the Indian Statistical System, the continental size of the country with large diversities and federal character of polity, the Indian System of National Accounts to include regional accounts at the State level and below. The term National Accounts … Read more Indian National Account

Vocational Education

? Vocational Education: As a tool of HR development Human resource development, in short, means invest­ment in human capital. Human capital means people can act as capital assets which yield a stream of economic benefits over their working life.  An improvement in the mental capability, skill, and physical capacity of the people constitutes an … Read more Vocational Education

Indian Institute Of Management

? Indian Institute of Management The Indian Institutes of Management (IIMs) are a group of 20 public, autonomous institutes of management education and research in India. They primarily offer postgraduate, doctoral and executive education programmes. The establishment of IIMs was initiated by Jawaharlal Nehru, the first Prime Minister of India, based on the recommendation … Read more Indian Institute Of Management

Reviving a loss making PSU

Reviving a loss making PSU In the last seven decades, CPSUs have contributed significantly towards making India self- reliant in their respective fields. In addition to physical assets, these have developed significant competencies with regard to human resources, intellectual property, research etc. and have always served the national priorities, over narrow business interests. Following the … Read more Reviving a loss making PSU

Land Reforms

? Land reforms Land reform is a broad term. It refers to an institutional measure directed towards altering the existing pattern of ownership, tenancy and management of land. It entails “a redistribution of the rights of ownership and/or use of land away from large landowners and in favour of cultivators with very limited or … Read more Land Reforms

Issues related to Disabled People Education

Issues related to Disabled People Education People with disabilities have had to battle against centuries of biased assumptions, harmful stereotypes, and irrational fears. The stigmatization of disability resulted in the social and economic marginalization of generations with disabilities, and thus has left people with disabilities in a severe state of impoverishment for centuries. With an … Read more Issues related to Disabled People Education

Development Process Various Groups And Associations

? Development Process various groups and associations,donors, charities, institutional and other stakeholders Voluntary sector in development Voluntary Organizations play a vital role in the shaping and implementation of participatory democracy. Their credibility lies in the responsible and constructive role they play in society. They have been contributing immensely for quite sometime towards various development … Read more Development Process Various Groups And Associations

Economic Development Since Independence Objectives And Achievements Of Planning

? Economic development since independence objectives and achievements of planning Objectives of Planning Economic Growth and Development Every five-year plan had a growth target that had to be achieved by the end of the planning period. In order to bring about an improvement in standard of living of the people, the per capita income … Read more Economic Development Since Independence Objectives And Achievements Of Planning

Issues Related To Deprived Class Education

? Issues related to Deprived Class Education The concept of Deprived/ Marginalized Groups   is generally used to analyse socioeconomic, political, and cultural spheres, where disadvantaged people struggle to gain access to resources and full participation in social life. In other words, marginalized people might be socially, economically, politically and legally ignored, excluded, or neglected, … Read more Issues Related To Deprived Class Education

Development Experience And Development Planning Of India

? Development Experience  and Development Planning of India Poverty, low per capita income, under-development, unemployment, prompted the newly established Indian polity to adopt economic planning for the development of the country. The idea of economic planning can be traced to 1934, when M. Visvesverayya in his book 'Planned Economy of India', advocated for planning to … Read more Development Experience And Development Planning Of India

BOLT and BOT schemes

BOLT and BOT schemes Infrastructure is the word used to collectively refer to the facilities like roads, railways, bridges, manufacturing plants etc. A good infrastructure is a prerequisite for economic growth. The infrastructure development was taken up on a large scale during the last decade. The Government envisaged the nation wide infrastructure development through the … Read more BOLT and BOT schemes

Economy Booster- Domestic capital in economic development

Domestic capital in economic development Our economic growth has been facing headwinds which is primarily cyclical in nature. The policy makers, the regulators and the system are making an honest effort to restore it. Many fiscal and monitory policies have been announced and implemented sincerely. These measures, it is expected, will bring the desired outcome. … Read more Economy Booster- Domestic capital in economic development

Education Maharashtra

? Education, education infrastructure and education policy of Maharashtra Maharashtra is one of the top destinations for Education in India. With numerous school, colleges and other educational institutions operating in the state, Maharashtra is flocked by students from all over the country for pursuing a career in their own chosen field. Pune is a … Read more Education Maharashtra

Non Banking Financial Institutions

? Non-banking financial institutions and their reforms in them since 1990s A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds hire-purchase insurance business or chit business but does not include any institution whose … Read more Non Banking Financial Institutions

Automobile Industries Of India

? Automobile Industries of India The Indian auto industry became the 4th largest in the world with sales increasing 9.5 per cent year-on-year to 4.02 million units (excluding two wheelers) in 2017. It was the 7th largest manufacturer of commercial vehicles in 2017. The Two Wheelers segment dominates the market in terms of volume owing … Read more Automobile Industries Of India

Mains Booster-Public Private partnership for inclusive growth

Public Private partnership for inclusive growth Public private partnerships have become increasingly popular in government policy. Especially in the domain of international cooperation and development aid, an increasing part of the budget is spent on public private partnerships. The expectation is that this will enhance the efficiency of public good provisioning, improve local representation and … Read more Mains Booster-Public Private partnership for inclusive growth

Gender Sensitization

? Gender Sensitization Gender sensitization presides over gender sensitivity, the modification of behavior by raising awareness of gender equality concerns. This can be achieved by conducting various sensitization campaigns, training centres, workshop, programs etc. Sensitization in the domain of Humanities and Social Sciences, is seen as an awareness informed propensity or disposition which aims … Read more Gender Sensitization

Issues Related To Role Of Women In Economic And Social Development In India (1)

? Issues related to Role of women in Economic and Social Development in India India has experienced rapid growth and development in the past years in many spheres. Gender equity is not one of them. This is deplorable considering the important role played by women in the socio-economic growth of the country.    The … Read more Issues Related To Role Of Women In Economic And Social Development In India (1)

Administered Prices

? ADMINISTERED PRICES INCLUDING MSP AND PROCUREMENT PRICES Historical context The emergence of agricultural Price Policy in India was in the backdrop of food scarcity and price fluctuations provoked by drought, floods and international prices for exports and imports. This policy in general was directed towards ensuring reasonable food prices for consumers by providing … Read more Administered Prices

Sugar Industry Of India

? Sugar Industry of India India is the world’s largest producer of sugarcane and second largest producer of sugar after Cuba. But India becomes the largest producer if gur and khandsari are also included. Historical background India has a long tradition of manufacturing sugar. References of sugar making by the Indians are found even … Read more Sugar Industry Of India

Planning And Capacity Building In Panchayati Raj System

? Panchayati Raj Institutions (PRIs) are rural local governments entrusted with the responsibilities to prepare plan and implement schemes for economic development and social justice in rural India. A number of Centrally Sponsored Schemes (CSS) assign important role to PRIs. In addition, PRIs are also involved in implementation and monitoring of several State Schemes. For … Read more Planning And Capacity Building In Panchayati Raj System

Mains Booster-National Investment & Manufacturing Zones (NIMZs)

National Investment & Manufacturing Zones (NIMZs) National Investment & Manufacturing Zones (NIMZs) are one of the important instruments of National Manufacturing Policy, 2011. NIMZs are envisaged as large areas of developed land with the requisite ecosystem for promoting world class manufacturing activity. So far, three NIMZs namely Prakasam (Andhra Pradesh), Sangareddy (Telangana) and Kalinganagar (Odisha) … Read more Mains Booster-National Investment & Manufacturing Zones (NIMZs)

Growth

? Growth, Development & Planning with special reference to Rajasthan Historically, Rajasthan has been placed fairly low in terms of human development. In terms of human development index, it stood 28th among 32 states and union territories in 1981, with only Madhya Pradesh, Uttar Pradesh and Bihar among the larger states behind; the rank … Read more Growth

Coperative Society

? Co-operative movement in India and M.P The cooperative movement in India has its origin in agriculture and allied sectors. The first Cooperative Credit Societies Act was enacted in 1904.Subsequently a more comprehensive legislation called the Cooperative Societies Act was enacted. This Act provided for the creation of the post of registrar of cooperative societies … Read more Coperative Society

International Credit Ratings

? International Credit Ratings A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. The credit rating represents an evaluation of a credit … Read more International Credit Ratings

Non Banking Financial Institutions

? Non-banking financial institutions and their reforms in them since 1990s A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds hire-purchase insurance business or chit business but does not include any institution whose principal … Read more Non Banking Financial Institutions

Smart Cities

?   Smart Cities The Government of India has launched the Smart Cities Mission on 25 June 2015. The objective is to promote sustainable and inclusive cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment and application of ‘Smart’ Solutions. The … Read more Smart Cities

Calculation Of Interest On

? calculation of interest on/in savings account, fixed deposit account and recurring deposit account Saving account Interest rate calculation Formula  Daily interest = Amount (Daily balance) * Interest (3.5/100) / days in the year. Earlier method of interest rate calculation   Earlier, banks would pay interest at the rate of 3.5% p.a. on the … Read more Calculation Of Interest On

Concept Of Social Legislation

?   OBJECTIVES OF SOCIAL LEGISLATION : Social legislation derives its inspiration from our constitution and has the following specific objectives: i)Removal of discrimination on the grounds of sex, religion, caste, class etc. and promotion of equality to all. ii)Safeguard the rights of the weaker section such as women, children, elderly, widows, destitute and the … Read more Concept Of Social Legislation

Physical Quality Of Life Index

? Physical Quality of Life Index (PQLI) Physical Quality of Life Index (P.Q.L.I) was developed by famous economist Morris David in 1979 for 23 developed and developing countries. Morris David used the following three indicators to prepare a composite index known as Physical Quality of Life Index: Life Expectant Rate (L.E.I) Infant Mortality Rate … Read more Physical Quality Of Life Index

Source Of Income

? Sources of Income of Central Government As we all know that India is a democratic country and the main aim of the government here is to increase the welfare of the people not the profit of the government. To increase the welfare of the people the Government of India has to start welfare … Read more Source Of Income

Foreign Exchange

?   is the exchange of one currency for another or the conversion of one currency into another currency. also refers to the global market where currencies are traded virtually around the clock. transactions encompass everything from the conversion of currencies by a traveler at an airport kiosk to billion-dollar payments made by corporations, financial … Read more Foreign Exchange

Role Of Institutions In Promotion Of Education

? Role of Various Institutions (Central, State and Other Organizations) in Promotion of Education   Education is one of the important tasks undertaken by the present modem Governments. In 1921, the department of education came under the control of Indian Minister. Between 1921-1940, there was rapid expansion of educational institutions and enrolment of students. … Read more Role Of Institutions In Promotion Of Education

Planning And Capacity Building In Panchayati Raj System

? planning and capacity building in Panchayati raj system Panchayati Raj Institutions (PRIs) are rural local governments entrusted with the responsibilities to prepare plan and implement schemes for economic development and social justice in rural India. A number of Centrally Sponsored Schemes (CSS) assign important role to PRIs. In addition, PRIs are also involved … Read more Planning And Capacity Building In Panchayati Raj System

Repo And Reverse Repo Transactions

? Repo and reverse repo transactions The repurchase agreement (repo or RP) and the reverse repo agreement (RRP) are key tools used by many large financial institutions, banks, and some businesses. These short-term agreements provide temporary lending opportunities that help to fund ongoing operations. The Federal Reserve also uses the repo and reverse repo … Read more Repo And Reverse Repo Transactions

Techniques Of Analysis Of Financial Statement

?           GS1;PART III;PART C Technique of Analysis of financial statement   Financial statement: They are written records that convey the financial activities and condition of business or entity . It has four major components i.e. Income statement Balance sheets Statement of retained earnings Cash flows   Financial statement analysis: It is a systematic … Read more Techniques Of Analysis Of Financial Statement

Tax Laws

? Tax Laws: Laws relating to income, Profits, Wealth Tax, Corporate Tax The Income-tax Act, 1961 The Income Tax Act, focusing on the rules and regulations of tax regulation, was initially put into existence in the year 1961. Under this act, everything related to taxation and more are mentioned which also includes collection and … Read more Tax Laws

Urbanisation

? Introduction Urban areas have been recognized as “engines of inclusive economic growth”. Of the 121 crore Indians, 83.3 crore live in rural areas while 37.7 crore stay in urban areas, i.e approx 32 % of the population. The census of India, 2011 defines urban settlement as :- All the places which have municipality, corporation, … Read more Urbanisation

Problems Of Agricultural Labour

? Problems of Agricultural Labour Agricultural labourers who are mostly landless and form a significant section of rural society mainly depend on wage employment in agriculture. Majority of them belong to scheduled castes and scheduled tribes and among the worst exploited section of society.  Unlike the industrial worker who are well organised agricultural labourers … Read more Problems Of Agricultural Labour