Notes and Study material for Exams
Under the Constitution the financial Resources of the State are very limited though they have to do many works of social uplift under directive principles. In order to cope with their ever-expanding needs, the Central Government makes grants-in-aid to the States. Grant- in-aid to States , through it Central Government exercises a strict control over … Read more
The Banking System at the time of independence was largely urban oriented and remained out of reach of rural Population. Commercial Banks mostly confined their lending to trade, commerce and Industry and treated agriculture as a non priority. Security- oriented lending was the order of the day. Banks did not pay any attention to the … Read more
“The Scheduled Areas” are those tribal inhabited areas which are located in other parts of the country than the North-East India. These areas are located in the states of Andhra Pradesh, Bihar, Chhattisgarh, Gujarat, Himachal Pradesh, Madhya Pradesh, Jharkhand, Maharashtra, Orissa and Rajasthan. Besides these areas, some other regions of the country also are governed … Read more
The principal function of planning, especially in a federal system, is to evolve a shared vision of and commitment to the national objectives and development strategy not only in the government at all levels, but also among all other economic agents. NITI Aayog acts as the quintessential platform of the Government of India to bring … Read more
First Plan (1951 – 56) Target Growth : 2.1 % Actual Growth 3.6 % It was based on Harrod-Domar Model. Influx of refugees, severe food shortage & mounting Inflation confronted the country at the onset of the First Five Year Plan. The Plan Focussed on agriculture, price stability, power and transport It was a successful … Read more
India is the third largest producer of Cereals, with only China and the USA ahead of it. India occupies the first position in milk production and is the third largest producer of fish and second largest producer of inland
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
Economic, social and environmental sustainability The United Nations General Assembly adopted the 2030 Agenda for Sustainable Development and 17 Sustainable Development Goals (SDGs) as a universal and transformative development strategy. The 2030 Agenda commits the global community to “achieving sustainable development in its three dimensions—economic, social and environmental—in a balanced and integrated manner”. Bruntland Report … Read more
Agricultural prices cover prices of agricultural products (output prices) and prices of requisites for agricultural production (input prices) at various stages of Marketing. The structure of Indian Agricultural Marketing system consists of: Agricultural Co-operative Marketing Societies; Regulated Markets; Public Trading and Futures Trading. Commission for Agricultural Costs and Prices (CACP) while recommending the minimum support prices … Read more
The Functions of Parliament are not only varied in nature, but considerable in volume. The time at its disposal is limited. It cannot make very detailed scrutiny of all legislative and other matters that come up before it. A good deal of Parliamentary business is, therefore, transacted in the committees.These are committees, with MPs as … Read more