Public Debt

When a government spends more than it collects in taxes, it borrows from the private sector to finance the budget deficit. The accumulation of past borrowing is the government debt. A tax cut stimulates consumer spending and reduces national saving. The reduction in saving raises the interest rate, which crowds out investment. As per Solow’s … Read more

23.03.18 (CGPCS) Chhattisgarh Current Affairs

CHHATTISGARH Chhattisgarh to hand over 9 CHCs to private players, opposition cries foul   Chhattisgarh government’s move to hand over nine government community health centre(CHCs), including four in the state capital, to private entities has drawn flak from the opposition parties. The opposition parties accused the BJP government of shying away from its responsibility to provide better health care to citizens. … Read more

16.02.18 (CGPCS) Chhattisgarh Current Affairs

CHHATTISGARH C’garh among six states with more female prisoners in jails   Chhattisgarh, Goa, Uttar Pradesh, Uttarakhand, West Bengal and Delhi had more female prisoners than the capacity of the respective jails as on December 31, 2016.   As per information compiled by National Crime Records Bureau, a total of 18498 female prisoners were lodged … Read more

02.01.18 Chhattisgarh (CGPCS) Current Affairs

CHHATTISGARH Bharat net’ project to transform rural lives: CM   The Chief Minister said that the Chhattisgarh Government and Central Government have inked a MoU of Bharat Net Project in the state capital today which will transform radically the lives of villagers in the near future. Six thousand gram panchayats will be connected with Internet. … Read more

19.12.17 Chhattisgarh (CGPCS) Current Affairs

CHHATTISGARH Govt plans compensatory afforestation in bilaspur   The State Government will take up a massive compensatory afforestation exercise in Bilaspur district covering a total of 1000 hectares of  land.   The Government will soon carry out a survey of the areas where the exercise would be taken up, officials informed.   Chhattisgarh received Rs … Read more

29.11.17 Chhattisgarh (CGPCS) Current Affairs

CHHATTISGARH Chhattisgarh Government bans Bursting of Firecrackers in Six of its Cities   The ChhattisgarhGovernment imposed a ban on the bursting of firecrackers in six of its cities, including the state capital Raipur, ahead of the wedding season from December 1st to January 31st. According to the statement issued by the State Environment Conservation Board, the … Read more

08.11.17 Chhattisgarh (CGPCS) Current Affairs

CHHATTISGARH President Ram Nath Kovind lauds progress made by Chhattisgarh   President Ramnath Kovind on Sunday lauded the progress achieved by Chhattisgarh during a short span since it was carved out of Madhya Pradesh as an independent state 17 years ago.   Stating that the state could become a model for other states, he said, “Chhattisgarh is bestowed with vast natural … Read more

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