Make in India and Start-Ups

Make-in India – Start- up and Stand-up programmes Make-in India Make in India is the government’s flagship campaign intended to boost the domestic manufacturing Industry and attract foreign investors to invest into the Indian economy. The Indian Prime Minister, Mr. Narendra Modi first mentioned the keyphrase in his maiden Independence Day address from the ramparts … Read more

Fiscal, investment and monetary policy issues and their impact

  Monetary Policy TOOL:   There are several direct and indirect instruments that are used for implementing monetary policy. Repo rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the Liquidity Adjustment facility (LAF). Reverse Repo Rate: The (fixed) … Read more

Capital formation in agriculture

Agricultural credit provided directly to farmers, called direct finance to farmer for agriculture, is either short-term or long-term. While short-term credit enables cultivators to procure inputs such as fertiliser and seeds needed for agricultural operations, long-term credit is meant for Investment in fixed assets such as Irrigation pumps, tractors, agricultural machinery and so on, thus … Read more

An Introduction and main features of Gujrat Economy

An Introduction  and main features of Gujrat economy Gujarat is located on the western coast of India and has the longest coastline of 1,600 km among all states in the country. The state Shares its borders with Rajasthan, Madhya Pradesh, Maharashtra and the Union Territories of Daman & Diu and Dadra & Nagar Haveli. The Arabian Sea borders … Read more

Uttar pradesh budget 2020-21

Uttar pradesh budget 2020-21 Uttar Pradesh govt total budget 2020-21 UP govt presents Rs 5,12,860 crore budget for FY 2020-21 in state assembly on 18th February 2020. Budget 2020-21 provisions for Women and child welfare There is a Provision of Rs. 1200 crore under ‘Mukhyamantri Kanya Sumangla Yojna’. An amount of Rs. 1432 crore proposed … Read more

Uttar Pradesh Economy Updated Data- Must for UPPSC Prelims and Mains Exam

Uttar pradesh:economy updates Gross State Domestic Product (GSDP) The Gross State Domestic Product (GSDP) of Uttar Pradesh for 2019-20 at current prices is estimated to be Rs 15,79,807 crore, which is 7% higher than the revised estimate for 2018-19. Total receipts Total receipts (excluding borrowings) for 2019-20 are estimated to be Rs 3,97,416 crore, an … Read more

Introduction to Economy of Uttar Pradesh

The economy of Uttar Pradesh, with a geographical area of 24.093 million hectares, is agriculture dominated with about approximately 80% of total geographical area as agriculture land. The agriculture sector contributes about 40% of the State GDP and 75% of EMPLOYMENT. An estimated 35% of the State Population is living below POVERTY line. About 70% … Read more

Industrial policy of Himachal Pradesh

Industrial Policy of himachal pradesh In order to turn the educated youth from job seekers to job creator and in order to give support to the ‘Startup’ and ‘innovative projects’ in the state and to provide skills to the youth and potential investors to develop Entrepreneurship “Chief Minister’s Startup/Innovation Projects/New Industries Scheme” has been formulated. … Read more

Impact of Liberalization , Privatization and Globalization.

INFRASTRUCTURE of the country. DISADVANTAGES OF PRIVATIZATION Privatization in spite of the numerous benefits it provides to the state owned enterprises, there is the other side to it as well. Here are the prominent disadvantages of privatization: • Private sector focuses more on profit maximization and less on social objectives unlike public sector that initiates socially viable adjustments in case of … Read more