Economy

Quality of life, life expectancy, literacy, standard of living and migration in India

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Quality of life, life expectancy, literacy, standard of living and migration in India Human development—a comprehensive approach Human development is a process of enlarging people’s choices. But human development is also the objective, so it is both a process and an outcome. Human development implies that people must influence the processes that shape their lives. … Read more Quality of life, life expectancy, literacy, standard of living and migration in India

Railway,Roades And Ports of India

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Railway,Roades And Ports of India Impact on The Indian economy The Indian Railways contributes to India’s economic development, accounting for about one per cent of the GNP and the backbone of freight needs of the core sector. It accounts for six per cent of the total employment in the organised sector directly and an additional … Read more Railway,Roades And Ports of India

Reasonable restrictions on fundamental rights and right to property

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Reasonable restrictions on fundamental rights and right to property Fundamental Rights are the basic rights of the people and the charter of rights contained in Part III of Constitution of India. It guarantees civil liberties such that all Indians can lead their lives in peace and harmony as citizens of India. These include individual rights … Read more Reasonable restrictions on fundamental rights and right to property

Trade and Commerce in Punjab

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Trade and Commerce in Punjab Punjab was the first Indian State to use agricultural technology to engineer a “Green Revolution”, recording the highest growth rate in food production. Today, with its rich agricultural resources and favourable climate, the state continues to be one of the largest producers of food grains and cash crops in the … Read more Trade and Commerce in Punjab

Punjab Tax and Economic Reform

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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

An Introduction to Punjab Economy

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An Introduction to Punjab Economy Introduction According to the State Hunger Index of India, the Punjab state has least level of appetite in the nation. The place that is known for Punjab has an extremely rich richness on earth. This locale is a perfect place for development of wheat, rice, natural products, sugar stick and … Read more An Introduction to Punjab Economy

Indian Agriculture

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  Mainstay of Indian Economy Since independence, undergone a change from being the sector contributing the highest share to the GDP to one contributing the lowest share. Agriculture is a state subject. GDP contribution (Agriculture and allied sector) 5 pc in 1950-51 7 pc in 2008-09 and 14.6 pc in 2009-10. It was 19 pc in … Read more Indian Agriculture

Services

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Current Status It is the largest and fastest growing sector globally contributing to the global output and employing more people than any other sector Why has services sector grown? Increase in urbanisation, privatisation and more demand for intermediate and final consumer services Availability of quality services is vital for the well being of the economy … Read more Services

Concept of Money Supply and High Powered Money:-For RAS/RTS Exams

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Money supply is the entire stock of currency and other liquid instruments in a country’s economy as of a particular time. The money supply can include cash, coins and balances held in checking and savings accounts. Money Supply can be estimated as narrow or broad money. There are four measures of money supply in India … Read more Concept of Money Supply and High Powered Money:-For RAS/RTS Exams

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

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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