Economy

District Development and Monitoring Committee (DISHA) is being formed with a view to fulfill the objective of ensuring better coordination among all the elected representatives in Parliament, State Legislatures and Local Governments (Panchayati Raj Institutions/Municipal Bodies) for efficient and time-bound development of districts in our country. DISHA is an effort to improve development coordination and … Read more

The Reserve Bank of India (RBI) appointment a Committee on Comprehensive Financial Services  for Small Businesses and Low-Income Households under the Chairmanship of Shri Nachiket Mor,  member on the Central Board of Directors, RBI in the month of Sep 2013. Its prime object was to frame a clear and detailed vision for financial inclusion and … Read more

Highlights of the Bill This Bill amends the principal Act passed in 2013. The Bill enables the government to exempt five categories of projects from the requirements of: (i) social impact assessment, (ii) restrictions on acquisition of multi-cropped land, and (iii) consent for private projects and public private partnerships (PPPs) projects. The five categories of … Read more

India stood 149th in a 2019 list of 193 countries ranked by the percentage of elected women representatives in their national parliaments. In more than six decades till 2014, as women’s share in India’s population remained at 48.5%, the share of women MPs increased eight percentage points to 12.6% between the first (1952) and the … Read more

Green GDP is a term used generally for expressing GDP after adjusting for environmental damage.The System of National Accounts (SNA) is an accounting framework for measuring the economic activities of production, consumption and accumulation of wealth in an economy during a period of time. When information on economy’s use of the natural environment is integrated … Read more

Inverted duty structure is a condition in which final good is taxed lower on its import as compared to the intermediate good used in the making of finished good.  The economic survey has pointed out that Inverted dusty structure has affected our industries a lot.     Major effect of inverted duty structure: Affect domestic … Read more

Globalisation means integration of economies and societies through cross country flows of information ,ideas ,technologies , goods, services, capital finance and people. The current wave of globalisation, which started after 1991had profound effects on the labour market and the employment situation of workers all over the world. The changes in pattern of employment and labour … Read more

Monetary policy is made by the central bank to manage money supply to achieve specific goals- such as constraining inflation, maintaining an appropriate exchange rate , generating jobs etc.   There are basically two types of monetary policies. They are expansionary and contractionary.   Expansionary: This means increase in the total supply of money in … Read more

It is anew Umbrella Scheme “Pradhan Mantri AnnadataAaySanraksHan Abhiyan’ (PM-AASHA).  The Scheme is aimed at ensuring remunerative prices to the farmers for their produce as announced in the Union Budget for 2018. The new Umbrella Scheme includes the mechanism of ensuring remunerative prices to the farmers and is comprised of   Price Support Scheme (PSS): … Read more

Characteristics of a Healthy work Culture A healthy work culture leads to satisfied employees and an increased productivity. Employees must be cordial with each other. One must respect his fellow worker. Backbiting is considered strictly unprofessional and must be avoided for a healthy work culture. One gains nothing out of conflicts and nasty politics at … Read more