Notes and Study material for Exams
The Power of Production: Understanding GVA at Basic Prices Gross Value Added (GVA) is a fundamental measure in economics, reflecting the value created by an industry or sector within a specific period. It represents the contribution of that industry to the overall economy, providing insights into its productivity and growth potential. While GVA can be … Read more
Fiscal Policy is that part of Government policy which is concerned with raising revenues through Taxation and other means along with deciding on the level and pattern of expenditure it operates through budget. However, generally the expenditure exceeds the revenue income of the Government. In order to meet this situation, the Government imposes new taxes … Read more
Evolution and phases of Urban Growth of Hyderabad A city with rich history and magnificent olden structures is slowly became host to some of the most modern buildings, a blend of both the bygone kingdoms and the new corporate revolution. To boost Hyderabad’s development, the then Chief Minister of Andhra Pradesh Chandrababu Naidu successfully bid … Read more
Energy Management includes planning and operation of energy production and energy consumption units. Objectives are resource conservation, Climate protection and cost Savings, while the users have permanent access to the energy they need.The main objectives of energy management are resource conservation, climate protection and cost savings. The central task of energy management is to reduce costs for the provision of energy in … Read more
Environmental influences are important both at the prenatal and postnatal stages of Human Development. At the prenatal stage, when a fetus is in the mother’s womb, internal or external harmful agents, such as certain legal or illegal drugs, alcohol, lead and pollutants can harm the unborn baby’s development. The mother’s Nutrition, diseases and emotional Stress … Read more
North East Special Infrastructure Development Scheme (NESIDS): Bridging the Infrastructure Gap The North East region of India, encompassing eight states – Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura – has long grappled with a significant infrastructure deficit. This deficiency has hindered economic growth, social development, and overall prosperity in the region. Recognizing … Read more
The Balance of Payments Surplus: A Sign of Strength or a Warning Signal? The balance of payments (BOP) is a record of all economic transactions between a country and the rest of the world over a specific period, typically a quarter or a year. It essentially tracks the flow of money into and out of … Read more
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> During the first three decades after Independence, the Indian economy stagnated around a trend rate of Growth of 3.5 per cent, popularly known as the Hindu rate of growth. The scenario changed during the 1980s. The acceleration of growth during the 1980s to 5.6 per cent … Read more
Tax Expenditure is the revenue foregone as a result of exemptions and concessions. Tax expenditure was introduced for the first time in 2006-07 union budget. Tax expenditure is justified on following grounds: Act as an incentive for priority sector like
The Genesis of Planning: A Deep Dive into the Formation of the Planning Commission in India The Planning Commission of India, established in 1950, played a pivotal role in shaping the nation’s economic and social landscape for over six decades. Its formation was a landmark event, marking a conscious effort to steer India towards a … Read more