Notes and Study material for Exams
Fiscal Policy is that part of Government policy which is concerned with raising revenues through Taxation and other means along with deciding on the level and pattern of expenditure it operates through budget. However, generally the expenditure exceeds the revenue income of the Government. In order to meet this situation, the Government imposes new taxes … Read more
The Twelfth Finance Commission was appointed under the chairmanship of C. Rangarajan on November 1, 2002 to make recommendations regarding the distribution between the Union and the States of net proceeds of shareable taxes, the principles which should govern the grants- in-aid of the revenues of States from the Consolidated Fund of India and … Read more
The SARFAESI Act: A Comprehensive Guide to Securitization and Recovery of Financial Assets in India The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) is a landmark legislation in India that revolutionized the way financial institutions recover their dues from borrowers. It introduced a streamlined and efficient framework … Read more
The Animal Welfare Board of India: A Beacon of Hope for Animals in a Nation of Diversity The Animal Welfare Board of India (AWBI), established in 1962, stands as a vital pillar in the fight for animal welfare within the diverse and populous nation of India. This statutory body, established under the Prevention of Cruelty … Read more
The NIA (Amendment) Act, 2019: A Deep Dive into the Controversial Changes The National Investigation Agency (NIA) Act, 2008, established a specialized agency tasked with investigating terrorism-related offenses and other serious crimes. However, the NIA (Amendment) Act, 2019, introduced significant changes to the original legislation, sparking widespread debate and raising concerns about its potential impact … Read more
The National Council for Transgender Persons: A Journey Towards Inclusion and Equality The journey towards transgender rights in India has been marked by both progress and challenges. While significant strides have been made in recent years, the fight for full equality and inclusion continues. A crucial step in this journey was the establishment of the … Read more
The Powerhouse of the State: Understanding the Powers and Functions of a Chief Minister The Chief Minister, often referred to as the “Chief Executive” of a state, holds a pivotal position in the Indian political landscape. They are the head of the state government, responsible for leading the administration and ensuring the smooth functioning of … Read more
The Composition of the Rajya Sabha: A Deep Dive into India’s Upper House The Rajya Sabha, the Upper House of the Indian Parliament, plays a crucial role in the legislative process, acting as a chamber of sober second thought and providing representation to the states and union territories. Its composition, however, is distinct from the … Read more
The National Commission for Minorities: A Historical Overview and Contemporary Challenges The National Commission for Minorities (NCM) in India is a statutory body established to safeguard the interests and promote the welfare of five recognized minority communities: Muslims, Christians, Sikhs, Buddhists, and Parsis. This article delves into the historical context of the NCM, its mandate, … Read more
The Prime Minister: Powers and Functions of the Head of Government The Prime Minister, often referred to as the head of government, plays a pivotal role in the political landscape of many countries. This article delves into the powers and functions of the Prime Minister, exploring the complexities of this position and its impact on … Read more