Indian economy

1.06.18 (CGPCS) Chhattisgarh Current Affairs

CHHATTISGARH CM announces creation of three more new tehsils   Chief Minister Raman Singh announced creation of three new tehsils Lawan, Gandai and Rengakaar  in the State. Singh while addressing a massive public meeting attended by Baiga tribals at Sahaspur Lohara late last evening said that Lohara tank will be beautified and new bank branch will be opened at Jalmala. He later addressed meetings at Lawan, Chuhikadan and Sahaspur Lohara. The Chief Minister dedicated, laid foundation stones and performed ‘bhoomi pujan’ of 343 developmental works worth Rs 745 crore. He also distributed paddy loans worth Rs 121 .79 crore to ... Read more

Structural changes in the Indian Economy ( GDP and work force)

Structural changes in the Indian Economy Change in composition of domestic product or change in national income by industry of origin refers to change in relative significance (share) of different sectors of the economy. Generally, an economy is divided into three major sectors viz. primary, secondary and tertiary sectors. Primary sector includes agricultural and allied activities, secondary sector includes manufacturing industries and tertiary sector includes services. With the development process, significance of primary sector declines while that of secondary and tertiary sectors increases. After independence, Indian economy has also experienced such changes. The share of primary sector in GDP at ... Read more

Pattern of Revenue Expenditure

Pattern of Revenue Expenditure In India, government expenditure – as per the provision in the Constitution – is divided into revenue expenditure and capital expenditure. However, the adoption of economic planning shifted emphasize on the division of expenditure into Plan and Non-Plan. The share of Non-Plan expenditure has remained close to 70% and that of Plan at 30% all these years. The Planning Commission, in the 11th Plan (2007-12) document prepared in 2007, had proposed abolition of this “illogical and dysfunctional” distinction citing several issues (mentioned later in the article). A high-level committee on Efficient Management of Public Expenditure, was ... Read more

13.04.18 (CGPCS) Chhattisgarh Current Affairs

CHHATTISGARH C’garh asked to create 2k ‘suryamitras’ in 5 yrs   The Chhattisgarh Government has been given a target of creating 2000 ‘Suryamitras’ by the Union Ministry of New and Renewable Energy who could be trained for seeking employment in the solar energy sector during the next five years, officials informed.   The Suryamitra Skill Development Program (SSDP) aims to develop the skills of youth, considering the opportunities for employment in the growing Solar Energy Power Project’s installation, operation and maintenance in India and abroad.   The SSDP is also designed to prepare the candidates to become new entrepreneurs in ... Read more

09.03.18 (CGPCS) Chhattisgarh Current Affairs

CHHATTISGARH Over 30l applications received in phase-1   In the first phase of State-wide ‘Lok Suraaj Abhiyan 2018’, more than 30.10 lakh applications related to various issues were received for various departments at the collection camps organized in all 27 districts, officials informed.   Redressal of these applications is in progress. The State Government has also created a website for providing information regarding Lok Suraaj Abhiyan to citizens.   It is noteworthy that this year Lok Suraaj Abhiyaan is being organized in three phases. In the first phase from January 12 to  14, applications were collected through redressal boxes placed ... Read more

Urban Economy after 1858

Urban Indian economy after 1858 During this period, the Indian economy essentially remained stagnant, growing at the same rate (1.2%) as the population.  India also experienced deindustrialization during this period. Compared to the Mughal era, India during the British colonial era had a lower per-capita income, a large decline in the secondary sector, and lower levels of urbanization. India’s share of the world economy and share of global industrial output declined significantly during British rule. Some of the important features of Indian urban economy during this period are as follows: Deindustrialization In the seventeenth century, India was a relatively urbanised ... Read more

Development of Railways, Industrialization, Constitutional Development.

Development of Railway, Industralization and constitutional development during British period   Railway The British created the Indian Railways. They envisioned it, planned it, engineered it and instructed poor Indian laborers how to build it. There is a common misconception that the British “gifted” India the Railways. Nothing could be more wrong. The British did not build the Railways out of love for India or seeing the need to “prosperify” vast masses of poor Indians. They couldn’t have cared less. In order to govern this huge, disconnected and diverse country efficiently, they needed stuff to be moved around the country quickly, ... Read more

13.12.17 Chhattisgarh (CGPCS) Current Affairs

CHHATTISGARH CTB to enter ‘bicycle tourism’ segment soon   Chhattisgarh Tourism Board (CTB) will soon enter the segment of Bicycle Tourism.   The Board will be launching two bicycle tours in State- One in January and other in August 2018, officials informed.   The Central Government has put up the anticipated timeline for completion of the Tribal Tourism Circuit  in Chhattisgarh to be 2019-20.   The Tribal Tourism Circuit will provide an opportunity to the tourists to witness and experience tribal culture and traditions in Chhattisgarh, officials informed.   The key components for development under the project are ‘Ethnic Tourist ... Read more

Railway,Roades And Ports of India

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 2.5 per cent indirectly through its dependent organisations. Road transport is the second important mode of transport in India. It covers every corner of the country which the railway transport even could not cover. Road transport provides the basic infrastructural facilities to both the agricultural ... Read more

CHATTISHGARH : MIGRATION

  Migration has been significantly reshaping the traditional social and economic structures of rural communities of Chattishgarh. The livelihood activities of rural families are no longer confined to farming and are increasingly being diversified through rural-to-urban migration. With the development of trade and industry and the awareness produced by the mass media, rural poor are shifting towards the urban areas in order to improve their living standards and to search for better livelihood opportunities. The lack of employment opportunities in the rural areas and better employment prospects and infrastructure facilities in the urban areas motivate people to migrate to urban ... Read more