private sector

Recently, the government has released the National Monetisation Pipeline (NMP), a document listing the various public assets that will be leased out to private companies over the next four years. The government believes that monetising under utilised public assets will bring in almost Rs. 6 lakh crore to the government and help build new infrastructure to boost the economy. The critics have accused the government of selling off valuable national assets to “crony capitalists”. In this context, it becomes necessary to evaluate the programme with its long term impacts on overall economic growth. Advantages of National monetization plan Generate Resource ... Read more

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

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 altering the way people live, behave, and communicate with profound effects on economic development. Science and Technology are now the key elements to development as the scientific revolutions reinforce economic progress, infrastructure and improve health and education system Innovation is the primary key to the ... Read more

When a government spends more than it collects in taxes, it borrows from the private sector to finance the budget deficit. The accumulation of past borrowing is the government debt. A tax cut stimulates consumer spending and reduces national saving. The reduction in saving raises the interest rate, which crowds out investment. As per Solow’s model, lower investment leads to a lower steady-state capital stock and a lower level of output. The traditional view of government debt suggests that when the government cuts taxes and runs a budget-deficit, consumers respond to their higher after-tax income by spending more. However, according ... Read more

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

The public and Private administration:-Public administration is different from private administration in three important aspects, the first is the political character, secondly the breadth of scope, impact and consideration and public accountability. These differences seem very fundamental and very valid in the Iight of our own exploration of the subject in previous articles. Following principles differentiate between the public and Private administration:- • Principle of Uniformity: Common and uniform laws and regulations mostly regulate public Administration. • Principle of External Financial Control: the representatives of the people through a legislative body control Government revenues and heads of expenditure. • Principle ... Read more

CHHATTISGARH 08 kms of new roads declared as nhs in c’garh   The Central Government has declared 290.08 kms of roads in Chhattisgarh as new National Highways during 2017-18, officials informed.   The Ministry of Road Transport and Highways is primarily responsible for development and maintenance of National Highways (NHs) and considers declaration of State Roads as new National Highways from time to time depending upon requirement of connectivity, inter-se priority and availability of funds.   The Ministry has declared about 30,268 km of new National Highways (NHs) including 53 km of NHs (717A & 316A)in West Bengal since May ... Read more

CHHATTISGARH 5,987 c’garh villages to have wifi by 2019   Chief Secretary Ajay Singh chaired a meeting of State-level Co-ordination Committee for BharatNet Project Phase-II at the Mantralaya.   The Chief Secretary reviewed in detail the works taken up to ensure network connectivity of all villages in the State by 2019.   Singh directed the officials to submit the information on status of the project from district, block and village panchayat levels alongwith the assessment of connectivity speed within a forthnight.   He also directed Chhattisgarh Infotech Promotion Society  (CHiPS) to hold training programmes at State an District levels.   ... Read more

CHHATTISGARH Govt gears up for aggressive bharatnet phase-ii implementation   The Chhattisgarh Government is gearing up for aggressive implementation of the second phase of BharatNet project in the State, officials informed.   It will soon hire a Project Support Consultant for implementation of the BharatNet Phase-II project , they informed.   Notably, the Chhattisgarh Infotech Promotion Society (CHiPS), the nodal agency of Department of Electronics & Information Technology, Government of Chhattisgarh is getting a route survey and Right of Way (RoW) clearance done for Bharat Net Phase-II project in the State, officials informed.   Notably, Bharat Net is a project ... Read more

CHHATTISGARH C’garh second highest after kerala in male-female sex ratio   A NITI Aayog report issued recently has pointed out that Chhattisgarh holds second rank after Kerala in terms of male-female sex-ratio (at the time of birth), Health Department officials informed on Monday. As per the report of NITI aayog, male to female sex-ratio (at the time of birth) in Chhattisgarh state was found to be 1000 to 972 in year 2005-06 in National Family Health Survey-3, which increased to 1000 boys to 977 girls in National Family Health Survey-4 of year 2015-16.   Health Department Officials informed that according ... Read more