Notes and Study material for Exams
Economic Growth Economic growth means an increase in Real GDP. This increase in real GDP means there is an increase in the value of national output / national expenditure. Economic growth is an important macro-economic objective because it enables increased living standards and helps create new jobs. Measurement of Economic Growth Economic growth is … Read more
Highlights of current year’s union budget and its analysis Highlights of the budget,2019 Income up to Rs 5 lakh exempted from Income tax Standard deduction raised to Rs 50,000 from Rs 40,000 Direct Tax proposals to provide Rs 23,000 cr relief to 3 crore taxpayers Persons with gross income up to Rs 6.50 lakh not … Read more
Chhattisgarh is the 17th most populated state in the country. A resource-rich state, it is a source of electricity and steel for the country, accounting for 15% of total steel produced. Chhattisgarh is one of the fastest-developing states in India. Industrial Sector Power sector Chhattisgarh is one of the few states of India where the power sector is … Read more
Andhra pradesh budget 2019-20 Economic outlook of Andhra pradesh GDP The Growth rate of Andhra Pradesh’s GDP (at current prices) has marginally decreased from 15.4% in 2016-17 to 15.3% in 2018-19. Fiscal Deficit In 2019-20, Andhra Pradesh’s fiscal deficit is estimated to be Rs 35,261 crore, which is 3.3% of the GDP. The estimate is … Read more
F1: The diversity of sectors in the sensex steadily increased over time following market reforms. It shoes less concentration of wealth in few firms and diversification of firms post liberalisation. F2: Benefit of liberalisation can be gauged from the democratisation of the firms. Now the ratio of size of Biggest/ smallest firm is … Read more
Andhra Pradesh Budget 2019-20 Andhra Pradesh released its Vote on Account budget for 2019-20. The state budget has focused on all key sectors of the state for the development. The Velugu project initiated almost two decades ago, evolved into the largest POVERTY reduction initiatives in the world with an outreach of close to 94 lakh … Read more
Manufacturing policy of India The Government of India has announced a National Manufacturing Policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. The INFRASTRUCTURE; land use on the basis of zoning; clean and energy efficient technology; necessary social infrastructure; Skill development facilities … Read more
Rajasthan is blessed with great variety of natural Resources ranging from scanty vegetation in the western arid region to mixed delicious and sub-tropical evergreen forests in the east and south east of Aravali ranges. Forest cover is 32744.49 sq.km.(12475 sq.km. is reserved, 18222 sq.km.is Protected Forest 2046.75 is unclassified forest) which is about 9.57% of the total … Read more
Rajasthan ranks fourth in the list of Public Private PARTNERSHIP (PPP) projects in the country. As per a report released by the Assocham, there are seven major urban development projects worth over Rs 1,400 crore currently being undertaken in construction sector in PPP mode and several others in rural areas. The State Government, with … Read more
Definition of Globalization-3/”>Globalization :- Its a process(not an outcome) characterized by increasing global Interconnections by gradual removal of barriers to trade and Investment between nation and higher economic efficiency through competitiveness. Various economic, political, social and cultural effects of globalization are as follows:- [su_heading size=”21″]Economic:-[/su_heading] Breaking down of national economic barriers International spread of Trade, … Read more