Economy Booster

 National Educational Research and Training Council The National Council of Educational Research and Training (NCERT) is an autonomous organisation of the Government of India which was established on 1 September 1961 as a literary, scientific and charitable Society under the Societies’ Registration Act (Act XXI of 1860). Its headquarters are located at Sri … Read more

 New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its economic development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order to encourage modernisation, … Read more

 Utilization of public fund Intergovernmental transfers from the centre to the states takes place through three channels: statutory and other transfers mandated by the Finance Commission, formula-based transfers for State Plan Schemes through the Planning Commission, and other discretionary transfers by the Planning Commission/ various central Ministries. The entire tax sharing is a … Read more

 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

 , Tribal sub plan and Single line administration in Chhattisgarh The tribal areas of Chhattisgarh though sparsely populated continue to receive special attention of the State Government primarily on account of their strategic location and comparative backwardness. The Tribal Sub Plan was started in 1974-75 in the State and entire tribal population was brought … Read more

National Investment & Manufacturing Zones (NIMZs) National Investment & Manufacturing Zones (NIMZs) are one of the important instruments of National Manufacturing Policy, 2011. NIMZs are envisaged as large areas of developed land with the requisite ecosystem for promoting world class manufacturing activity. So far, three NIMZs namely Prakasam (Andhra Pradesh), Sangareddy (Telangana) and Kalinganagar (Odisha) … Read more

 Co-operative movement in India and M.P The cooperative movement in India has its origin in agriculture and allied sectors. The first Cooperative Credit Societies Act was enacted in 1904.Subsequently a more comprehensive legislation called the Cooperative Societies Act was enacted. This Act provided for the creation of the post of registrar of cooperative societies … Read more

 Fiscal Responsibility and Budget Management Act The FRBM Act 2003 in its amended form was passed by the government to bring fiscal discipline and to implement a prudent fiscal policy. High fiscal deficit was the one major macroeconomic problem faced by Indian economy around 2000. It was argued that high deficits lead to … Read more

 Child labour The term “child labour” is often defined as work that deprives children of their childhood, their potential and their dignity, and that is harmful to physical and mental development. It refers to work that: is mentally, physically, socially or morally dangerous and harmful to children; and interferes with their schooling by: … Read more

 Governmental and Voluntary Institution engaged in development of manpower NCERT The National Council of Educational Research and Training (NCERT) is an autonomous organisation set up in 1961 by the Government of India to assist and advise the Central and State Governments on policies and programmes for qualitative improvement in school education. The major … Read more