Tamil Nadu Tax and Economic Reforms

  Tamil Nadu Tax and Economic Reforms:-   Tamil Nadu is among the few states in India to have recognised the importance of manufacturing early on.This is reflected in the higher share that the state enjoys in the overall national mix both in terms of number of factories and the total share of people employed … Read more

State Legislature : Organization, Powers and functions

Articles 168 to 212 in Part VI of the Constitution deal with the organisation, composition, duration, officers, procedures, privileges, powers and so on of the State Legislature.In most of the States, the Legislature consists of the Governor and the Legislative Assembly (Vidhan Sabha). This means that these State have unicameral Legislature. In a Six States( … Read more

Punjab Public Finance and fiscal Policy

Punjab PUBLIC FINANCE and Fiscal Policy:- Introduction Punjab economy was India’s leading state economy during the pre-reforms era, especially after the Green Revolution. Thus, Punjab acquired the status of being the most vibrant and prosperous state. Over a long period, Punjab remained at the first position in terms of per-capita income. The state has lost … Read more

Goa : Tax and Economic Reforms

Goa : Tax and Economic Reforms The economic INFRASTRUCTURE projects were undertaken to augment the carrying capacity of the State. Tax (Revenue and Expenditure) There was revenue surplus of 158.82 crore in 2016-17. The Revenue Receipts for the current year were estimated at 9,361.96 crore and the Revenue Expenditure was estimated 9,203.14 crore. The total receipts … Read more

The Sur administrative reforms in Haryana

The Sur Administrative Reforms   Haryana was the ancestral home of Sher Shah. His grandfather Ibrahim Khan Sur who came from Afghanistan, served under Jamal Khan Sarang Khani of Hisar- Firuzah who bestowed on him ‘several villages in pargana Narnaul for the maintenance of forty horsemen’. His son, Hasan Khan, entered the service of Umar … Read more

Haryana Public Finance and fiscal Policy

Haryana PUBLIC FINANCE and Fiscal Policy FISCAL POLICY Fiscal Policy is prepared by Government and consists of various expenditures and revenues. Fiscal policy deals with the revenue and expenditure decisions of the government. The government fiscal policy is used to stabilize the level of output and EMPLOYMENT through changes in its expenditure and taxes. The … Read more

Jharkhand budget 2020-21-Analysis

Jharkhand budget 2020-21 Economic outlook of Jharkhand GDP The Growth rate of Jharkhand’s GDP was 7% in 2018-19. In comparison, GDP grew at 12.7% in 2017-18. Different sectors of economy In 2018-19, agriculture, manufacturing, and Services contributed to 24%, 30% and 46% to the economy.  In the same year, these sectors grew by 3.5%, 3.8%, … Read more

Fundamental Rights & Duties

The Indian constitution originally provided 7 categories of Fundamental Rights. But one fundamental right, that to property was removed from the list of fundamental rights by 44th amendment. Right to Property now is an ordinary legal right. Thus there are now 6 categories of fundamental rights. These are:  (1) Right to Equality (Arts. 14-18). In … Read more

Categories Uncategorized

Deficit and Subsidies

Current Account deficit and Unfavorable Balance of Payment Current Account Deficit The current account deficit is a measurement of a country’s trade where the value of the goods and Services it imports exceeds the value of the products it exports. The current account includes net income, such as interest and dividends, and transfers, such as … Read more

Gujrat Public Finance and fiscal Policy

Gujrat   PUBLIC FINANCE and Fiscal Policy FISCAL POLICY Fiscal Policy is prepared by Government and consists of various expenditures and revenues. Fiscal policy deals with the revenue and expenditure decisions of the government. The government fiscal policy is used to stabilize the level of output and EMPLOYMENT through changes in its expenditure and taxes. The … Read more