Notes and Study material for Exams
Five years plan and INFRASTRUCTURE in the state favour investments in the IT/ITeS, Biotechnology, engineering, electronics, automotive, textiles, agri and food-processing sectors. Between 2011-12 and 2017-18, the GSDP of the state grew at a Compound Annual Growth Rate (CAGR) of 13.11 per cent to reach Rs12.69 trillion (US$ 196.88 billion) and the net state domestic … Read more
Karnataka Planned Developement Karnataka is situated in the south western region of India. It is one of the most prosperous states in India. Karnataka has made tremendous progress in the fields of Education, Industry, agriculture, literature and tourism. Bengaluru is the capital of Karnataka. Bengaluru is known as the Silicon Valley of Asia due to … Read more
Karnataka economy and its main features Karnataka is one of the most progressive and industrialized states in the country and is leading States in driving India’s economic Growth. Economic growth and fast development of any state depends on Industrial relations. The state has an illustrious history of successfully introducing several industrial and technological initiatives. State’s … Read more
Industrial development of uttarakhand Uttarakhand is one of the fastest growing states in India, thanks to the massive Growth in capital investments arising from conducive Industrial Policy and generous tax benefits. The state is situated in the foothills of Himalayas. The presence of several hill stations, wildlife parks, pilgrimage places and trekking routes make Uttarakhand … Read more
Role of agriculture in Indian Economic Development-interrelationship between agriculture, Industry and service sectors Role Of Agriculture In Indian Economic Development Contribution to NATIONAL INCOME From the very beginning, agriculture is contributing a major portion to our national income. In 1950-51, agriculture and allied activities contributed about 59 per cent of the total national income. Although … Read more
IMPACT OF NEW ECONOMIC POLICY India’s post-independence development strategy showed all the signs of stagnation, but the economy started showing the sign of recovery in the early nineties when the government adopted the new economic model known as INFRASTRUCTURE, into a modern developed economy. New Economic Policy 1991 India opened up the economy in the … Read more
The Industrial Policy of the State provided several incentives to attract industries in the form of tax concessions, industrial plots and other basic Horticulture, Floriculture, Bio-technology etc. To provide assured, good quality, uninterrupted and affordable power for industries. To simplify and rationalize labour laws and procedures in tune with the current day requirements, … Read more
Concept of Biotechnology The term ‘Biotechnology’ may Sound futuristic, but it is nearly as old as civilization itself. We have begun growing crops and raising animals 10,000 years ago to provide a stable supply of food and clothing. We have been using the biological processes of Microorganisms for 6,000 years to make useful food products … Read more
Human resource development, in short, means investment in Human Capital. Human capital means people can act as capital assets which yield a stream of economic benefits over their working life. An improvement in the mental capability, skill, and physical capacity of the people constitutes an increase in the human capital because this enables the … Read more
Madhya pradesh budget 2019-20 Budget estimations 2019-20 Fiscal Deficit Fiscal Deficit in 2019-20 is estimated at 3.34 percent of GDP. GDP The Growth rate of Madhya Pradesh’s GDP (at current prices) has decreased from 12.8% in 2015-16 to 12.2% in 2017-18. Revenue Deficit The budget estimates a revenue surplus of Rs 733 crore (or 0.08% … Read more