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
New dimensions of public management NPM is a label that captures a range of reforms inspired by the idea that private sector management techniques and market mechanisms increase public sector efficiency. NPM type reforms include, for example, quantification, the introduction of performance management systems, the increase in the responsibility of public administrators, the introduction of … Read more
The Power of Shares: Unlocking Growth and Engagement in the Digital Age In the ever-evolving landscape of the digital world, where information flows freely and attention spans dwindle, the concept of “shares” has emerged as a powerful force, driving engagement, amplifying reach, and ultimately, fostering growth. Whether it’s a captivating article, a thought-provoking video, or … Read more
The Power of Partnership: Exploring the Role of Business Advisory Committees In today’s dynamic business landscape, navigating complex challenges and seizing emerging opportunities requires a strategic approach. While internal expertise is crucial, seeking external perspectives and guidance can prove invaluable. This is where Business Advisory Committees (BACs) step in, offering a powerful platform for collaboration, … Read more
Foreign Direct Investment: A Catalyst for Global Growth and Development Foreign direct investment (FDI) plays a pivotal role in the global economy, acting as a catalyst for economic growth, technological advancement, and job creation. It involves long-term investments made by companies from one country (the source country) into enterprises in another country (the host country). … Read more
The term Sustainable Growth became prominent after the World Conservation Strategy Presented in 1980 by the International Union for the Conservation of Nature and Natural Resources. Brundland Report(1987) define Sustainable Development as the a process which seek to meet the needs and aspirations of the present generation without compromising the ability of the future generation … Read more
Concept Definition Carbon Sequestration Carbon sequestration is the process of removing carbon from the Atmosphere and storing it in a fixed molecule in Soil, Oceans or Plants. Carbon Sink An organism or landscape that stores carbon is called a carbon sink. Carbon source An organism or landscape that emits carbon is called a carbon source. Climate change adaptation … Read more
RISE: Revitalizing Infrastructure and Systems in Education The education landscape is constantly evolving, driven by technological advancements, shifting societal needs, and a growing demand for a skilled workforce. To meet these challenges and ensure equitable access to quality education, a fundamental shift in how we approach infrastructure and systems is crucial. This is where RISE … Read more
Capital Structure The financial requirement of a firm can be met through ownership capital and/or borrowed capital. The ownership capital refers to the amount of capital contributed by the owners. In case of a company, it refers to the amount of funds raised by issuing Shares. The main characteristic of … Read more