Economic reforms in india

Economic reforms in india 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 … Read more Economic reforms in india

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 … Read more Pattern of Revenue Expenditure

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

Bharat Nirman Yojna, MNREGA

Bharat Nirman is a time-bound business plan for action in rural infrastructureThe basic geographical structure of population distribution will change once India shifts from being agriculture based country to industry based nation. The Government has launched “Bharat Nirman” for the development of rural infrastructure. Plans proposed for the development of India Rural Infrastructure are – … Read more Bharat Nirman Yojna, MNREGA

Biodiversity-Definition, types, importance, hotspots, threats and conservation

Biodiversity-Definition, types, importance, hotspots, threats and conservation The term biodiversity was coined as a contraction of biological diversity by E.O. Wilson in 1985. Biodiversity may be defined as the variety and variability of living organisms and the ecological complexes in which they exist. In other words, biodiversity is the occurrence of different types of ecosystems, … Read more Biodiversity-Definition, types, importance, hotspots, threats and conservation

Current Science & Technology developments in India

Current Science & Technology developments in India Science and Technology hold the key to the progress and development of any nation. Technology plays a Fundamental role in wealth creation, improvement of the quality of life and real economic growth and transformation in any society. The role of Science and Technology in our daily life is … Read more Current Science & Technology developments in India

28.04.18 (CGPCS) Chhattisgarh Current Affairs

CHHATTISGARH Representation panel on retirement soon   Chief Minister  Raman Singh chaired a Cabinet meeting and decided to consider the representations of Government servants in the matter of compulsory retirement.   A circular will be issued for giving opportunity of representation against the order of compulsory retirement after Government servants reach age of 50 years … Read more 28.04.18 (CGPCS) Chhattisgarh Current Affairs

Budgetary deficit – Revenue, Primary and Fiscal.

Budgetary Deficit is the difference between all receipts and expenditure of the government, both revenue and capital. This difference is met by the net addition of the treasury bills issued by the RBI and drawing down of cash balances kept with the RBI. The budgetary deficit was called deficit financing by the government of India. … Read more Budgetary deficit – Revenue, Primary and Fiscal.

Administrative Reforms

Why is Administrative Reforms needed? Technological change Advances in industrialisation Growth in the number and complexity of governmental activities Changes in social, political and economic spheres of life All above have created extraordinary strains on the traditional machinery of the government Obsolescence of institutions, roles, procedures and processes in the government What are ways through … Read more Administrative Reforms

READ: Interlinking of Rivers

Note: READ id our New Initiative to cover two Topics (Weekly) of Current Importance in Detail with Specific focus on Prelims and Mains Exam After Cauvery: A look at other inter-state water tussles   The Supreme Court on February 16 delivered its verdict on Cauvery river water sharing between Tamil Nadu, Karnataka, Kerala, and Puducherry, bringing an … Read more READ: Interlinking of Rivers