NSSO 66th round Employment Survey
Economy
Bihar : Trade and Commerce
Bihar : Trade and Commerce Bihar is located in the eastern part of India. The state enjoys a specific advantage because of its proximity to the vast markets of eastern and northern India, access to ports such as Kolkata and Haldia and to raw material resources and mineral reserves from the neighbouring states. The Gross … Read more
POVERTY
- Following elements mainly affect the magnitude of the poverty ration
- The nutrition norm in the base year
- Price deflator used to update the poverty line
- Pro rata adjustment in the number of households in different expenditure classes to determine the number of households below and above poverty line.
- Agricultural wage earners, small and marginal farmers and casual workers engaged in non-agricultural activities constitute the bulk of the rural poor
BUDGETING
Budgeting Budgeting is the process of estimating the availability of resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of a budget also means the approval to various spending units to utilize the allocated resources. Budgeting plays a criucial role in the socio-economic development … Read more
Goods and Services Tax — GST
What is GST?
Goods and Services Tax — GST — is a comprehensive tax levy on manufacture, sale and consumption of goods and services at a national level.