Export Potential Of Small Scale And Cottage Industries

 Export Potential of Small scale and Cottage industries With the establishment of a large number of modem small-scale industries in the post-independence period, the contribution of the small-scale sector in export earnings has increased by leaps and bounds. What is heartening to observe is that the bulk of the exports of the small-scale … Read more

Strategic Issues

Navigating the Strategic Landscape: A Guide to Identifying and Addressing Key Issues In today’s dynamic and complex business environment, organizations face a constant barrage of challenges and opportunities. To thrive, they must be able to identify and address strategic issues – those critical factors that can significantly impact their long-term success. This article delves into … Read more

PERFORMANCE & EFFICIENCY AUDITING

 PERFORMANCE AUDIT     Meaning   An independent examination of the efficiency and effectiveness of government undertakings, programs or organisations, with due regard to economy, and the aim of leading to improvements”.   Performance audit is simply an audit of Sound financial management, namely of the economy, efficiency and effectiveness with which audited … Read more

Grading and Standardization of Agricultural Products

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

Inflation

Here is a list of subtopics on inflation: Causes of inflation Effects of inflation Measures of inflation Inflation targeting Hyperinflation DeflationDeflation StagflationStagflation Phillips Curve Chain-weighted price index Inflation expectations Inflation risk premium BondsBondsInflation-Indexed Bonds TIPS I-bonds Gold Real estate Collectibles Inflation hedge Inflation is a general increase in prices and fall in the purchasing value … Read more

Public Service Commissions

The Gatekeepers of Public Service: A Deep Dive into Public Service Commissions Public service commissions (PSCs) are often the unsung heroes of government, playing a crucial role in ensuring a competent and qualified workforce for the public sector. These independent bodies are responsible for a wide range of functions, from recruitment and selection to disciplinary … Read more

National Income and its concepts and components

NATIONAL INCOME The study of National Income is important because of the following reasons: To see the Economic Development of the country. To assess the developmental objectives. To know the contribution of the various sectors to National Income. Internationally some countries are wealthy, some countries are not wealthy and some countries are in-between. Under such … Read more

SERICULTURE IN INDIA

SERICULTURE IN INDIA Production Silkworm larvae are fed on mulberry leaves and after the fourth molt, they climb a twig placed near them and spin their silken cocoons. The silk is a continuous-filament fibre consisting of fibroin protein, secreted from two salivary glands in the head of each larva, and a gum called sericin, which … Read more

Utilization of public fund

Utilization of public fund Intergovernmental transfers from the centre to the states takes place through three channels: statutory and other transfers mandated by the Finance Commission, formula-based transfers for State Plan Schemes through the Planning Commission, and other discretionary transfers by the Planning Commission/ various central Ministries. The entire tax sharing is a part of … Read more

Discounts

 DISCOUNT   The discount is referred to the reduction in the price of some commodity or service. It may anywhere appear in the distribution channel in the form of modifications in marked price (printed on the item) or in retail price (set by retailer usually by pasting a sticker on the item) or in list price (quoted for the buyer). The discount … Read more