Bihar : Food Security

Bihar : Food Security Food security can be described as a phenomenon relating to individuals and can be defined by nutritional status of the individual household member that is the ultimate focus, and the risk of that adequate status not being achieved or becoming undermined. Food Security can defined as Food security exists when all … Read more

INDIAN PUBLIC FINANCE

Indian Public Finance Value Added Tax Under the constitution the States have the exclusive power to tax sales and purchases of goods other than newspapers There are however defects of sales tax It is regressive in nature. Families with low income a larger proportion of their income as sales tax. Has a cascading effect – … Read more

Drain Theory

  Dadabhai Naoroji: ‘Poverty in India’ (1876) He claimed that the drain of wealth and capital from the country which started after 1757 was responsible for absence of development in India. Drain was done through trade, industry and finance Two elements of the drain That arising from the remittances by European officials of their savings, … Read more

Components of Money Supply

    Components of Money Supply   M1 Consists of currency with the public (ie notes & coins in circulation minus cash with the banks)   plus demand deposits with the bank (deposits which can be withdrawn without notice) plus   other deposits with RBI (usually negligible). Also called narrow money M2 M1 + saving … Read more

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

Water Resources

  Rainfall: With an average annual rainfall of 1,170 mm, India is one of the wettest countries in the world. At one extreme are areas like Cherrapunji, in the northeast, which is drenched each year with 11,000 mm of rainfall, and at the other extreme are places like Jaisalmer, in the west, which receives barely … Read more

Synopsis of NCERTS

  Introduction Indian national movement: One of the biggest. Inspired many others. Gandhian Political Strategy very important. Elements of Gandhian Strategy can be seen in the Solidarity Movement in Poland by Lech Walesa WHY IS THE INDIAN NATIONAL MOVEMENT UNIQUE In the Indian national movement, the Gramscian perspective of war of position was successfully practiced. … Read more

MONEY SUPPLY

Money Supply Money supply is the entire stock of currency and other liquid instruments in a country’s economy as of a particular time. The money supply can include cash, coins and balances held in checking and savings accounts. Money Supply can be estimated as narrow or broad money. There are four measures of money supply … Read more