Notes and Study material for Exams
Pricing of public utilities and government policy Priority to public There are a number of principles which govern the pricing of public utility Services. There are public utilities like Education, sewage, roads, etc. which may be supplied free to the public and their costs should be covered through general Taxation. Dalton calls it the general … Read more
Urban Environment An urban environment is the region surrounding a city. Most inhabitants of urban areas have nonagricultural jobs. Urban areas are very developed, meaning there is a density of human structures such as houses, commercial buildings, roads, bridges, and railways. Natural urban environment The natural urban environment incorporates not only parks and gardens but … Read more
Public-Private Sector PARTNERSHIP (PPP) Public-private partnerships between a government agency and private-sector company can be used to finance, build and operate projects, such as public transportation networks, parks and convention centers. Financing a project through a public-private partnership can allow a project to be completed sooner or make it a possibility in the first place. … Read more
BUDGETING Budgeting is the process of estimating the availability of Resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of a budget also means the approval to various spending units to utilize the allocated resources. Budgeting plays a criucial role in the socio-Economic Development … Read more
WHO Defines Food Security to exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food which meets their dietary needs and food preferences for an active and healthy life. Food security has three interlinked contents such as :- Availability of food, Access to food and absorption of food. Food … Read more
Political Parties shall be brought under the act as they are centre to the ecosystem of Democracy. They are the main actor of election process. The points in favour of RTI act are as follows: Indirect financing in the form of Income tax exemptions. State also provide them indirect financing in the form of airing … Read more
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 Inflation, reduces … Read more
INFRASTRUCTURE, exploration and exploitation of Minerals and oil, technology development and products with strategic consideration. Thus, we have seen that various Industrial Policies, formulated by the Government since 1948 have given due consideration to the relative role of both public and private sector in Indian economy. Therefore, these policies have made sincere attempts for the … Read more
National Law University National Law University, Delhi (NLUD) is a prestigious law university in India, offering courses at the undergraduate and postgraduate levels. It is situated in Sector-14, Dwarka, New Delhi, India. NLUD is one of the national law schools in India built on the five-year law degree model proposed and implemented by the Bar … Read more
Concept Definition Carbon Sequestration Carbon sequestration is the process of removing carbon from the Atmosphere and storing it in a fixed molecule in Soil, Oceans or Plants. Carbon Sink An organism or landscape that stores carbon is called a carbon sink. Carbon source An organism or landscape that emits carbon is called a carbon source. Climate change adaptation … Read more