Poverty alleviation schemes of India

Poverty alleviation schemes of India Public distribution system The Public Distribution System (PDS) evolved as a system of management of scarcity through distribution of food grains at affordable prices. Over the years, PDS has become an important part of Government’s policy for management of food economy in the country. PDS is supplemental in nature and … Read more

AGRICULTURE DEVELOPMENT

 ORIGIN The Department of Agriculture has been created mainly to provide Agricultural Extension services to farmers and to transfer the latest technical knowledge to the farming community, introduction of high yielding varieties, laying demonstrations, imparting training to farmers to improve skills & knowledge to boost up the agricultural Production and productivity. The other … Read more

Banking

 Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more

Human Development Index

 Human Development Index The HDI is an average measure of basic human development achievements in a country measured by UNDP. It is an average of long-term progress in three basic dimensions of human development viz. a long and healthy life, access to knowledge and a decent standard of living. India has been placed … Read more

Green GDP

 Green GDP Green Gross Domestic Product also known as Green GDP, accounts for the environmental consequences of a country’s traditional GDP. It acts as an index of the growth of economy with the environmental implications of that growth which is related to a country’s conventional GDP. Green GDP tells us the biodiversity that … Read more

Mixed Eonomy And Planned Economy

 Market Economy A market economy is a system where the laws of supply and demand direct the production of goods and services. Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government.  Businesses sell their wares at the highest price consumers will pay. At the same time, shoppers look for the lowest prices … Read more

Role Of Finance Ministry In Monetary And Fiscal Policy

 Role of Finance Ministry in Monetary and Fiscal Policy Fiscal role of ministry of finance The Ministry of Finance plays a very crucial role in development planning in India. It supervise the financial institution and is responsible for the overall financial management of the country. The Ministry of Finance is responsible for the … Read more

Panchayat Financing And Devolution

 Panchayat: Financing, Resource mobilization and devolution Sources of Funds The Amendments left important matters such as implementation, service delivery (including local capacity building) and transfer of responsibilities and powers to rural local bodies at the discretion of the state legislatures. Consequently, while expenditure responsibilities of local bodies are extensively enhanced, there is no … Read more

Government Of India Policy On Information Technology

 Government of India Policy on Information Technology (IT) Government provides IT resources to its employees to enhance their efficiency and productivity. These resources are meant as tools to access and process information related to their areas of work. These resources help Government officials to remain well informed and carry out their functions in … Read more

Industrial Sector

 Industrial Sector- Growth and recent trends Trends in Industrial growth Phase one Which had laid the basis for industrial development in the future. The second plan, basedon Mahalanobis model, emphasized the development of capital goods industries and basic industries. Accordingly huge investments were made in industries like iron andsteel, heavy engineering etc the … Read more

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