Classification Based on Economic Importance

Classification Based on Economic Importance The classification of economic activities is a complex and ever-changing process. The way in which economic activities are classified can have a significant impact on the way in which economic data is collected, analyzed, and reported. There are a number of different ways in which economic activities can be classified. … Read more

NITI Ayog and its approach to economic development

Niti Ayog – National Institution for Transforming India   The National Institution for Transforming India, also called NITI Aayog, was formed via a resolution of the Union Cabinet on January 1, 2015. NITI Aayog is the premier policy ‘Think Tank’ of the Government of India, providing both directional and policy inputs. While designing strategic and … Read more

National Urban Health Mission (NUHM): Addressing Urban Health Challenges

National Urban Health Mission (NUHM): Addressing Urban Health Challenges The rapid urbanization of India, coupled with its diverse population and complex health needs, presents significant challenges to the healthcare system. Recognizing the unique demands of urban health, the Government of India launched the National Urban Health Mission (NUHM) in 2013. This mission aims to improve … 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

Define the following term: (economy)

Tax incidence:  Tax incidence is the entity on whom tax is imposed. It is the distribution of the overall tax burden between sellers and buyers in an economy.     Tax burden:       It is the total amount of tax paid by a particular group of people, an Industry etc especially as compared to what other … Read more

India’s Foreign Trade – Volume, Composition and Direction

INTRODUCTION Among several features of Globalization-3/”>Globalization, one relates to increasing interactions among nations and removal of barriers to facilitate movement of goods, capital, labour and technology. It is a process that renders various activities and aspiration worldwide in scope or application. As a part of this process of increasing integration of the world, many countries … Read more

WTO ministerial conference

The following are the subtopics of the WTO ministerial conference: Agriculture Services Rules Trade and EnvironmentEnvironment Trade and development Least-developed countries Transparency in government procurement Trade facilitation Electronic commerce Accession Dispute settlement Budget, finance and administration Institutional matters Other matters The World Trade Organization (WTO) is an international organization that deals with the rules of … Read more

Telecommunication :- Basic concept, Telecom application for socio-economic development of masses

Telecommunication Telecommunications, also known as telecom, is the exchange of information over significant distances by electronic means and refers to all types of voice, data and video transmission. This is a broad term that includes a wide range of information transmitting technologies such as telephones (wired and wireless), microwave communications, fiber optics, satellites, radio and … Read more