Part I Indian Economy

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. Poverty Poverty lines Normative nutritional requirement per person per day at some base point. This is debated 2400 cal (rural), 2100 cal (urban) … Read more

Non-banking financial institutions and their reforms in them since 1990s

Non-banking financial institutions and their reforms in them since 1990s A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds hire-purchase insurance business or chit business but does not include any institution whose principal business … Read more

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