2.4 Dedication To Public Service (2)

 Dedication: Definition   Dedication suggests voluntary commitment rather than rigidity.  Dedication is calm and measured. There is no element of harshness or punishment in dedication. If discipline is the stick, then dedication is a voluntary willingness and desire to reach for the carrot without the threat of that stick. Dedication implies a level … Read more

Soil Conservation Planning On Watershed Basis

 Soil conservation planning on watershed basis Watershed development activity was taken up in the country prior to independence in the state of Maharashtra (then Bombay state) as a scarcity relief work during drought years in which contour binding programme for conservation of moisture and control of soil erosion was mostly undertaken, After independence, … Read more

Illegal And Unenforceable Contracts

 Illegal and unenforceable Contracts An illegal contract is a contract that was made for an illegal purpose and, consequently, violates the law. Contracts are illegal if the performance or formation of the agreement will cause the parties to engage in activity that is illegal. The illegality must relate directly to the subject matter … Read more

PPP In Health Care

 PUBLIC/PRIVATE PARTNERSHIP IN Health CARE Services IN INDIA       It is widely accepted that the deficiencies in public sector health system can only be overcome by significant reforms. The need for reforms in India’s Health sector has been emphasized by successive plan documents since the Eighth Five-Year Plan in 1992, by … Read more

Mixed Eonomy And Planned Economy

 Market economy A market economy is a system where the laws of supply and demand direct the production of goods and Services. Supply includes Socialism and Communism need a planned economy to create a central plan that guides economic decisions. Market economies evolve from traditional economies. Most societies in the modern world have Elements of all three types of economies. That makes them mixed economies. … Read more

INFRASTRUCTURE

      Infrastructure AND SPECIAL     ECONOMIC MEASURES       The Central Government shall take all necessary measures as enumerated in the Thirteenth Schedule for the progress and Sustainable Development of the successor States within a period of ten years from the oppointed day.  The Central Government shall take appropriate fiscal measures, including offer … Read more

FRBM Act

 Fiscal Responsibility and Budget Management Act The FRBM Act 2003 in its amended form was passed by the government to bring fiscal discipline and to implement a prudent Fiscal Policy. High Fiscal Deficit was the one major macroeconomic problem faced by Indian economy around 2000. It was argued that high deficits lead to … Read more

Debt And Investment In India

 Debt and Investment in India: Current Status Debt status Government liabilities  have been broadly classified as debt contracted against the Consolidated Fund of India (defined as Public Debt) and liabilities in the Public Account, called Other Liabilities. Public debt is further classified into internal and External Debt. Internal debt consists of marketable debt … Read more

National Investment

 National Investment & Manufacturing Zones (NIMZs) National Investment & Manufacturing Zones (NIMZs) are one of the important instruments of National Manufacturing Policy, 2011. NIMZs are envisaged as large areas of developed land with the requisite ecosystem for promoting world class manufacturing activity. So far, three NIMZs namely Prakasam (Andhra Pradesh), Sangareddy (Telangana) and … Read more

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