Notes and Study material for Exams
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> India’s National Accounts It is emphasised that in view of the essentially de-centralized character of the Indian Statistical System, the continental size of the country with large diversities and federal character of Polity, the Indian System of National Accounts to include regional accounts at the State … Read more
Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provision,
Economic Reforms In India New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its Economic Development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order … Read more
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
Nature, types and Problems of Unemployment in India:-Unemployment may be defined as “a situation in which the person is capable of working both physically and mentally at the existing wage rate, but does not get a job to work”. India is one of those ill-fated underdeveloped countries which is suffering from a huge unemployment problem. … Read more
The productive capacity of an economy is directly linked to the size of its working – age Population relative to its total population, it is essential to distinguish between the two components when exploring the impact of demographic change on economic performance. Census 2011 data shows the overall Percentage of children in 0-6 year’s … Read more
Definition: Industrial legalizations are the laws enacted by the Government to provide economic and social Justice to the workers in industries. Generally these laws provide guidelines to the employers/industrialists in dealing with the matters of wages, wage incentives, facilitates for workers and the working conditions of labour. Necessity: Improves industrial relation i.e. employee-employer relations and … Read more
JOB CREATION As outlined in the NITI Aayog’s Action Agenda, India suffers more from the problem of underemployment (i.e. low-productivity, low-wage jobs) than Unemployment as for example: In 2011-12, agriculture engaged nearly 50% of the workforce but contributed 15% to GDP In 2010-11, within manufacturing, small firms employed 72% but output was only … Read more
Basic Features of Indian economy [su_posts template=”templates/list-loop.php” posts_per_page=”100″ tax_term=”1322″ tax_operator=”0″ order=”desc”] (I) NATIONAL INCOME ; Elementary concepts of national Income and methods of its calculation e-g,GDP, GNP, NDP, NNP, CSDP. NSDP, DDP at constant and current prices, at Factor Cost etc; (II) Inflation : Concept control of inflation : monetary, fiscal and direct measures. (III)Demographic … Read more
Assessment of the Growth experience: POVERTY and Unemployment Poverty and unemployment are closely related High poverty has a multiplier effect on Quality Of Life, deprivation, Malnutrition, illiteracy and low Human resource development. Read morePoverty and Unemployment