expenditure

24.05.18 (CGPCS) Chhattisgarh Current Affairs

CHHATTISGARH Union cabinet nod to 1028 mobile tower locations in lwe regions   The proposal for a total of 1028 mobile tower locations have been approved by the Central Government for Chhattisgarh in 16 Left Wing Extremist (LWE) infested districts, the Central government has informed.   The Union Cabinet chaired by Prime Minister Narendra Modi approved the “Universal Service Obligation Fund [USOF]” supported scheme to provide mobile services at 4072 tower locations identified by MHA in inhabited uncovered areas affected by Left Wing Extremism [LWE] of 96 districts in 10 States including Chhattisgarh for Phase-ll project.  The total project cost ... Read more

10.05.18 (CGPCS) Chhattisgarh Current Affairs

CHHATTISGARH   Pmgsy road dev work for 2018-19 to begin soon   The State Government will soon start construction of roads under Pradhan Mantri Gram Sadak Yojana (PMGSY) batch-I year 2018-19 , officials informed.   The State of Chhattisgarh has reported to have constructed 81 roads measuring length 410.42 Km under New Connectivity and 2 roads measuring length 8.25 Km roads under upgradation till December, 2017, the Central Government has informed.   As per PMGSY guidelines, maintenance of roads constructed under the programme is the responsibility of the State Governments and all road works are covered by initial five year ... Read more

Chhattisgarh: Public Debt composition- Internal and External Debt including World Bank loans, Institutional and non institutional sources of Rural Credit in Chhattisgarh

Chhattisgarh: Public Debt composition- Internal and External Debt including World Bank loans, Institutional and non institutional sources of Rural Credit in Chhattisgarh The State Government manages public-debt through two sources- Internal Loan and Loan and Advance from Central Government. The Chhattisgarh Government Manages internal loan through following sources: The percentage share of Internal Loan of State Government has increased from 65.73 percent in the year 2001-02 to 95.44 percent in the year 2005-06 and after that it has declined to 54.33 percent in the year 2007-08, again it has increased to 89.81 percent in the year 2009-10 respectively. on the ... Read more

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 to encourage modernisation, stress has been laid upon the use of latest technology. A great reduction has been effected in the role of the public sector.  Efforts have been made to encourage foreign investment. Investment decision by companies has been facilitated by ending restrictions imposed ... 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

Tribal Development : History, Programmes and Policies

Tribal welfare administration, 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 under the ambit of the Tribal Sub Plan by 1987-88. The strategy of Tribe sub-plan envisages channelizing an adequate flow of funds are benefits to ST’s from all sectors of development through the Annual Plans of States / UT and the Central Ministries atleast ... Read more

04.05.18 (CGPCS) Chhattisgarh Current Affairs

CHHATTISGARH   Creda plans total 600 mw capacity solar pv installations   The Chhattisgarh Renewable Energy Development Agency (CREDA) envisages installation of grid-connected solar PV rooftop projects with aggregate capacity of 600 MW in different categories across the State, officials informed.   Notably, CREDA is targetting installation of Grid-Connected Rooftop Solar PV Projects across the State. The generated solar power may be utilized for captive application and the surplus power will be fed to the grid, officials informed.   The aim is to reduce the fossil fuel based electricity load on main grid and make building self-sustainable from the point ... Read more

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 – Irrigation, Roads, Housing, Water Supply, Electrification, Telecommunication Connectivity. The main thrust of research and development (R&D) in the roads sector is to build a sustainable road infrastructure comparable to the best roads in the world. The various components of this strategy are improvement in design, ... Read more

03.05.18 (CGPCS) Chhattisgarh Current Affairs

CHHATTISGARH Govt to carry out mass surveys of irrigation infra   A comprehensive and phased survey of more than 300 small irrigation projects for their full capacity utilisation will be carried out in Chhattisgarh, officials informed.   The survey would be done for 1698 small irrigation projects, 766 anicuts, stop dams and 585 diversion projects.   The survey of canals and barrages would also be carried out. An elaborate action plan would be prepared for carrying out the surveys.   Notably, the  State Water Resources Department is gearing up to inaugurate and also lay foundation of 72 irrigation projects worth ... Read more

Budgetary deficit – Revenue, Primary and Fiscal.

Budgetary Deficit 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. This deficit adds to money supply in the economy and, therefore, it can be a major cause of inflationary rise in prices. Budgetary Deficit of central government of India was Rs. 2,576 crores in 1980-81, it went up to Rs. 11,347 crores in 1990-91 ... Read more