Gender Empowerment Measure (GEM)

Gender Empowerment Measure (GEM) seeks to measure relative female representation in economic and political power. It considers gender gaps in political representation, in professional and management positions in the economy, as well as gender gaps in incomes .GEM is a measure of inequalities between men’s and women’s opportunities in a country. It gives indicators to … Read more

The Panchayats functions and responsibilities with special reference to 73rd and 74th Constitutional amendments

The 73rd and 74th Constitutional Amendment Acts, 1992, which gave Constitutional status to panchayati raj institutions (PRIs) and urban local bodies (ULBs) respectively, in both letter and spirit in order to bring about greater decentralisation and increase the involvement of the community in planning and implementing schemes and, thus, increase accountability. The Amendments left important … 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

Law making process

Parliament is a supreme law making body of the nation. Any proposed law is introduced in the Parliament as a bill. After being passed by the Parliament and getting the President’s assent it becomes a law. There are two kinds of bills:-(i) ordinary bill and (ii) money bill. Every member of the Parliament has a … Read more

Sustainable development : concept and indicators of sustainable development

Mahatma Gandhi’s principle of “enoughness” in his saying “the earth provides enough to satisfy every persons need but not for every person’s greed” According to World Commission on Environment and Development, Our Common Future (1987) , Sustainable development is development that meets the needs of the present without compromising the ability of future generations to … Read more

The Election Commission of India

The Election Commission of India is an autonomous, quasi-judiciary constitutional body of India.It was established on 25 January 1950 under Article 324 of the Constitution of India. Originally the commission had only a Chief Election Commissioner. The commission presently consists of a Chief Election Commissioner and two Election Commissioners, appointed by the president. The President … 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

Demographic dividend with special reference to census of 2011

Demographic dividend occurs when the proportion of working people in the total population is high because this indicates that more people have the potential to be productive and contribute to growth of the economy.An increase in the working age ratio can raise the rate of economic growth, and hence confer a “demographic dividend.” People of … Read more