Notes and Study material for Exams
Child labour The term “child labour” is often defined as work that deprives children of their childhood, their potential and their dignity, and that is harmful to physical and mental development. It refers to work that: is mentally, physically, socially or morally dangerous and harmful to children; and interferes with their schooling by: … Read more
Census Of India : Economic and Social features Rural and urban Population Altogether, 833.5 million persons live in rural area as per Census 2011, which was more than two-third of the total population, while 377.1 million persons live in urban areas. Urban proportion has gone up from 17.3 per cent in 1951 to 31.2 per … Read more
Human Development is a process of enlarging people’s choices. The most critical ones are to lead a long and healthy life, to be educated and to enjoy a decent standard of living. Additional choices include political freedom, guaranteed Human Rights and self-respect.Human development has to be development of the people, by the people, for the … Read more
The Negative Income Tax: A Potential Solution to Poverty and Inequality The concept of a negative income tax (NIT) has been debated for decades as a potential solution to poverty and inequality. It proposes a system where individuals below a certain income threshold receive government payments instead of paying taxes. This article will delve into … Read more
Here is a list of subtopics on poverty estimation in India: Absolute poverty Relative poverty Multidimensional poverty Headcount Ratio Poverty Gap ratio Poverty severity index Foster-Greer-Thorbecke index Alkire Foster index Sen poverty index Consumption poverty Income poverty Asset poverty Human Development poverty Rural poverty Urban Poverty Regional poverty Gender poverty Caste poverty Disability poverty Age … Read more
The Shadow Workforce: Unmasking Disguised Unemployment The global economy, in its constant pursuit of efficiency and cost-optimization, often creates a hidden workforce â individuals who are technically employed but are underutilized, underpaid, or working in jobs that don’t match their skills and qualifications. This phenomenon, known as disguised unemployment, represents a significant challenge to economic … Read more
The Capitalist Economy: A System of Markets, Competition, and Innovation The capitalist economy, a dominant force shaping the world today, is a complex system characterized by private ownership of the means of production, market-driven resource allocation, and the pursuit of profit. This article delves into the core principles, historical evolution, key features, and ongoing debates … Read more
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 factor of production depends on the following parameters. Land Labour Capital … Read more
Migration and Metropolitan Region Migration Migration has been defined as crossing of the boundary of a political or administrative unit for a certain minimum period of time. It includes the movements of refugees, displaced persons, uprooted people as well as economic migrants. Internal migration refers to a move from one area (a province, … Read more
Human POVERTY Index (HPI) The Human Poverty Index (HPI) was first introduced into the Human Development Report by the United Nations Development Programme (UNDP) in 1997 in an attempt to bring together in a composite index the different features of deprivation in the Quality Of Life to arrive at an aggregate judgement on the extent … Read more