Impact of Liberalisation

  The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.INFRASTRUCTURE by the Indian and foreign investors have generated great employment opportunities for the professionals, and skilled and unskilled workers. 5. Development of Infrastructure: Prior to the liberalisation, the infrastructure (roads and electricity) were in … Read more

Impacts of Privatization for Ras Rts mains exam of RPSC

Privatization in generic terms refers to the process of transfer of ownership, can be of both permanent or long term lease in nature, of a once upon a time state-owned or public owned property to individuals or groups that intend to utilize it for private benefits and run the entity with the aim of profit maximization. ADVANTAGES … Read more

JPSC Prelims Notes for Economic Concepts and Indian Economy

Basic Features of Indian economy [su_posts template=”templates/list-loop.php” posts_per_page=”100″ tax_term=”1322″ tax_operator=”0″ order=”desc”] (I) NATIONAL INCOME ; Elementary concepts of national Income and methods of its calculation e-g,GDP, GNP, NDP, NNP, CSDP. NSDP, DDP at constant and current prices, at Factor Cost etc; (II) Inflation : Concept control of inflation : monetary, fiscal and direct measures. (III)Demographic … Read more

The Imperative of Transparency in Modern Governance and Business

The Imperative of Transparency in Modern Governance and Business The 21st century has witnessed a dramatic shift in the global landscape, driven by technological advancements, interconnectedness, and a growing demand for accountability. In this context, transparency has emerged as a cornerstone of good governance and responsible business practices. This article delves into the multifaceted imperative … Read more

Industry

The Evolving Landscape of the Keyword Industry: From Search to Intent The keyword industry has undergone a dramatic transformation in recent years, evolving from a simple tool for search engine optimization (SEO) to a complex ecosystem reflecting user intent and the ever-changing landscape of digital marketing. This evolution has been driven by advancements in search … Read more

Financial Sector Reforms

The following are subtopics of financial sector reforms: Banking sector reforms Insurance sector reforms Non-banking financial companies (NBFCs) reforms Payments and settlement systems reforms Financial literacy and inclusion reforms Regulatory reforms Supervisory reforms Corporate governance reforms Anti-MoneyMoney laundering and combating the financing of terrorism (AML/CFT) reforms Financial stability reforms Financial InfrastructureInfrastructure reforms Financial technology (FinTech) … Read more

National Anti Profiteering Agency

The National Anti-Profiteering Agency: A Bastion Against Unfair Gains in India The Indian economy, characterized by its vastness and complexity, is susceptible to instances of profiteering, where individuals or entities exploit situations to gain undue financial advantage at the expense of others. Recognizing this vulnerability, the Indian government established the National Anti-Profiteering Authority (NAA) in … Read more

Consumer Price Index (CPI)

The Consumer Price Index: A Vital Gauge of Inflation and Economic Health The Consumer Price Index (CPI) is a crucial economic indicator that measures the average change over time in the prices paid by urban consumers for a basket of consumer goods and services. It serves as a vital gauge of inflation, providing insights into … Read more

GDP Deflator

The following are subtopics of GDP deflator: Definition Formula Calculation Uses Limitations Examples Related topics The GDP deflator is a measure of the level of prices of all final goods and services produced in an economy in a given year compared to a base year. It is calculated by dividing the nominal GDP by the … Read more

Food Safety and Standards Authority of India

Safeguarding the Plate: A Deep Dive into the Food Safety and Standards Authority of India (FSSAI) The Food Safety and Standards Authority of India (FSSAI) stands as the guardian of public health, ensuring the safety and quality of food consumed by millions across the nation. Established in 2008 under the Food Safety and Standards Act, … Read more