Tax Reforms in India, Direct & Indirect Tax Reforms. Subsidies- Cash Transfer of Subsidy Issue.

Sience 1990 ie the liberalization of Indian economy saw the beginning of Taxation reforms in the nation. The taxation system in the nation has been subjected to consistent and comprehensive reform. Following factors arise the need for tax reforms in India:- Tax resources must be maximized for increased social sector investment in the economy. International competitiveness … Read more Tax Reforms in India, Direct & Indirect Tax Reforms. Subsidies- Cash Transfer of Subsidy Issue.

Rajasthan: Economics and Finance

Rajasthan Mineral Policy  2015 Rajasthan may put about 400 small size mining leases of minerals like granite,marble and quartz under the hammer in 2015 as it looks to expand its area under mining as well as increase revenue. 9% of total mineral production in the country, is also exploring joint ventures (JV) with multi national companies (MNCs) to … Read more Rajasthan: Economics and Finance

Role and Functions of Reserve Bank of India for Ras /Rts Mains and ras/rts Prelims Examination

Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and financial inclusion Priority Sector Lending: Introduced from 1974 with public sector banks. Extended to all commercial banks by 1992 In the revised guidelines for PSL the thrust is … Read more Role and Functions of Reserve Bank of India for Ras /Rts Mains and ras/rts Prelims Examination

20.01.18 Punjab(PPSC) Current Affairs

PUNJAB Govt seeks suggestion from public on draft advertisement policy   Ready with the draft of ‘Punjab Municipal Outdoor Advertisement Policy and Bye-Laws, 2018’, the Punjab Government has invited suggestions from the public to make it more effective.   The policy is aimed carrying out uniform development in all towns and cities of Punjab, besides … Read more 20.01.18 Punjab(PPSC) Current Affairs

Punjab Tax and Economic Reform

Punjab Tax and Economic Reform   Tax is very important very important part of government revenues. But sometimes it is necessary to reform the tax structure keeping eye on current economic conditions. We will learn about Tax and Economic reforms in Punjab in the following paragraphs. Fiscal Reforms in Punjab Monetary changes frame a vital piece … Read more Punjab Tax and Economic Reform

POVERTY

 

  • Following elements mainly affect the magnitude of the poverty ration
    • The nutrition norm in the base year
    • Price deflator used to update the poverty line
    • Pro rata adjustment in the number of households in different expenditure classes to determine the number of households below and above poverty line.
  • Agricultural wage earners, small and marginal farmers and casual workers engaged in non-agricultural activities constitute the bulk of the rural poor

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Natural hazards in Punjab 1

The State of Punjab suffers mainly from two natural hazards, namely, flood and earthquakes, of which floods have quite a high frequency of occurrence, whereas earthquakes of M > 5.0 have a moderate frequency within and close to the boundary of the State. Theoretically risk is said to be the product of hazard and vulnerability … Read more Natural hazards in Punjab 1

Poverty and Unemployment

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.

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Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

The International Bank for Reconstruction and Development (IBRD), commonly referred to as the World Bank, is an international financial institution whose purposes include assisting the development of its member nation’s territories, promoting and supplementing private foreign investment and promoting long-range balance growth in international trade. The World Bank was established in December 1945 at the … Read more Role of World Bank, IMF WTO & other Important International Organisations in world Economy:-

EMPLOYMENT

NSSO 66th round Employment Survey

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