Notes and Study material for Exams
The caste system is a Classification of people into four hierarchically ranked castes called varnas. They are classified according to occupation and determine access to wealth, power, and privilege. The Brahmans, usually priests and scholars, are at the top. Next are the Kshatriyas, or political rulers and soldiers. They are followed by the Vaishyas, … Read more
Progressive Taxation: A Fairer System or a Barrier to Growth? Progressive taxation, a cornerstone of many modern economies, is a system where individuals and corporations pay a higher percentage of their income in taxes as their income rises. This principle, often touted as a means to achieve social equity and redistribute wealth, has been a … Read more
Demographic dividend and transition Demographic dividend The term “demographic dividend” (DD) refers to the accelerated economic Growth that a country can achieve when it has a low dependency ratio or, in other words, when the proportion of its Population that is of working age is greater than the proportion of its population that … Read more
Various problems of developing countries are as follows:- The Uneven Pattern of Development:-The development gap has been widening for the very poorest countries. Lack of Resources for developement Inefficiency in resource use Inadequate Skilled human resources Stagnation in agricultural development Population Growth is one of the central problems of Economic Development. Some developing countries have … Read more
The Poverty Gap: A Measure of Deprivation and a Guide to Progress The poverty gap, a key indicator of poverty severity, quantifies the extent to which individuals or households fall below the poverty line. It measures the collective shortfall in income needed to lift everyone living in poverty to the poverty threshold. This article delves … Read more
Pursuit of Sustainable Development Goals (SDG’s) The Sustainable Development Goals are the blueprint to achieve a better and more sustainable future for all. They address the global challenges we face, including those related to POVERTY, inequality, Climate, Environmental Degradation, prosperity, and peace and Justice. The Goals interconnect and in order to leave no … 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
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> India’s National Accounts It is emphasised that in view of the essentially de-centralized character of the Indian Statistical System, the continental size of the country with large diversities and federal character of Polity, the Indian System of National Accounts to include regional accounts at the State … Read more
Population Growth and Economic Development The effect of Population Growth on a Society’s per capita output level depends on the pattern of population growth as also its institutional (organisational) framework. In other words, it depends on the age composition of the population. The pattern of spending reflects the age distribution. An ageing population—one … Read more
The Crisis of Democratic Order: A Global Phenomenon The world is witnessing a growing crisis of democratic order. While democracy has made significant strides in recent decades, a confluence of factors is eroding its foundations, leading to a decline in trust, polarization, and a rise in authoritarianism. This article will delve into the multifaceted nature … Read more