Notes and Study material for Exams
Chhattisgarh: Trade From the very beginning when the state was formed, Chhattisgarh has started working towards increasing trade in terms of quantity and quality. The State produces nearly 15 million tons of steel, which is 30 percent of country’s total production capacity. Annual production of cement in Chhattisgarh has reached 18 million tons, which is … Read more
Chhattisgarh is ranked four in terms of doing business in India among the other Indian States. S. No. Particulars 2015 2016 1 Ranking as per DIPP& World Bank 04 04 2 Implementation Scorecard 62.45 % 97.32% 3 Reform points 285 reforms 340 reforms A lot of steps has been taken to enhance commerce … Read more
Commercialization of agriculture Commercialization of agriculture means production of agricultural crops for sale in the market, rather than for family consumption. For marketization of agricultural products thus ‘surplus’ of production over consumption is required. But agriculture at that time was merely of the subsistence type. It had not been a consequence of conscious response … Read more
Regional Comprehensive Economic PARTNERSHIP (RCEP) and India Fifteen countries have formed the world’s largest trading bloc, covering nearly a third of the global economy. The Regional Comprehensive Economic Partnership (RCEP) is made up of 10 Southeast Asian countries, as well as South Korea, China, Japan, Australia and New Zealand. The pact is seen as an … Read more
India-US 2+2 Dialogue 2020 Introduction India’s Minister of Defence Rajnath Singh and Minister of External Affairs Dr. S. Jaishankar welcomed U.S. Secretary of State Michael R. Pompeo and Secretary of Defense Dr. Mark T. Esper to New Delhi for the third annual India-U.S. 2+2 Ministerial Dialogue. The Ministers welcomed the elevation of the India-U.S. relationship … Read more
India China Relations: Ladakh Conflict For more than 100 days, tensions have been high between India and China along their disputed Himalayan border. This tension has been most acute in eastern Ladakh, where, in mid-June, 20 Indian soldiers and an unspecified number of Chinese soldiers were killed in the Galwan Valley, the first fatalities along … Read more
Grading and Standardization of Agricultural Products Standardization and grading are the first steps in the value-chains of an agricultural produce as it travels in a market channel to the consumer. Price of a produce has to be commensurate with quality, the assessment of which depends on a responsive system of grading and standardization. Hence, it … Read more
WTO agreement on agriculture The Agreement on Agriculture is one of the key agreements within the WTO system. Its importance is reflected by its presence as the first Agreement annexed to the Marrakesh Agreement establishing the WTO. Market access Market access simply means the right which exporters have to access a foreign market. The WTO … Read more
European Trade Establishments in Andhra Pradesh The fall of Constantinople at the hands of Turks and the blockade of sea route to India encouraged European adventures to embark upon exploits on water in threading their way to Indian . The excitement, India continued to create among European merchants and nations further added strength to geographical … Read more
Chapter 1: Wealth Creation: The Invisible Hand Supported by the Hand of Trust Importance of Wealth creation: It lead to efficient and more utilisation of raw material. It lead to increase in the Aggregate Demand in the economy. Increase in the Direct Tax flows Increase in the salaries of employees working in an ecosystem … Read more