Notes and Study material for Exams
Utilization of public fund Intergovernmental transfers from the centre to the states takes place through three channels: statutory and other transfers mandated by the Finance Commission, formula-based transfers for State Plan Schemes through the Planning Commission, and other discretionary transfers by the Planning Commission/ various central Ministries. The entire tax sharing is a part of … Read more
Role of Foreign Capital and Multinational companies in Industrial development of India The development of any Society or country without Economic Development is a myth. Economic development brings prosperity which in turns is directly proportional to the amount of goods and Services produced quantitatively or in broad sense we can say in Money equivalent. So the … Read more
Indian economy has come a long way since independence. From socialist pattern to liberalised era it , from being agrarian to service oriented economy it has seen many ups and downs. The basic features of Indian economy are enumerated as follows: India is a developing economy with low per capita income. Current Per capita income … Read more
NATIONAL INCOME The study of National Income is important because of the following reasons: To see the Economic Development of the country. To assess the developmental objectives. To know the contribution of the various sectors to National Income. Internationally some countries are wealthy, some countries are not wealthy and some countries are in-between. Under such … Read more
Horticulture, milk and Animal Husbandry, aquaculture, fishing, sericulture, aviculture, Forestry and related activities. Industry includes various manufacturing sub-sectors. India’s definition of services sector includes its construction, retail, Software, IT, communications, hospitality, Foreign Direct Investment (FDI) regime, improved infrastructure and led to an expansion in the production of fast-moving consumer goods. Post-liberalisation, the Indian private sector … Read more
Education Role of Education especially in Human resource development and Social Change. Education System in India : Problems and Issues (Including Universalization and Vocationalization). Education for Girls, other Socially and Economically and other disadvantaged sections of people and Minorities, etc. Right to Education, Sarva Shiksha Abhiyan, Rashtriya Madhyamik Shiksha Abhiyan in Uttarakhand. Status of Higher, … Read more
POVERTY in rural india As per the Eleventh National Development Plan of India more than 300 million people in India are poor. With great efforts, India has managed to reduce the number of poor from 55% in 1973 to about 27% (326 million poor) in 2004. According to the recent estimates (2011-12), 216.5 million people … Read more
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. Through a tax credit mechanism, this tax is collected on value-added goods and services at each stage of sale or purchase in the supply chain. The system … Read more
Foreign Trade Policy of India has always focused on substantially increasing the country’s share of global merchandise trade. Accordingly the Government of India has been taking various steps towards boosting its trade with the rest of the world by adopting policies and procedures which would help to increase and facilitate both exports and imports with … Read more
Government of India is committed to the goal of ‘Health for All’ The obligation of the Government to ensure the highest possible health status of India’s Population and access to quality health care has been recognized by a number of key policy documents.Health care system supplement in improving the health of individuals, particularly those belonging … Read more