Economy Booster

 Manufacturing policy of India The Government of India has announced a National Manufacturing Policy with the objective of enhancing the share of manufacturing in GDP to 25% within a decade and creating 100 million jobs. The National Investment & Manufacturing Zones (NIMZs) are an important instrumentality of the manufacturing policy. The NIMZs are … Read more Manufacturing Policy Of India

 Recomendations of the 14th Finance commission Article 280 of the Constitution of India requires the Constitution of a Finance Commission every five years, or earlier.  For the period from 1st April, 2015 to 31st March, 2020,  the 14th Finance Commission (FFC) was constituted by the orders of President on 2nd January, 2013 and … Read more Recomendations Of The 14th Finance Commission

 SARVA SHIKSHA ABHIYAN IN UTTARAKHAND   In a federal setup like India, strategy for realizing development has to be formulated and implemented at State level within the contours of National framework. Uttarakhand accounts for 1.69 per cent of area of the country as a whole. A brief review of growth trajectory over the … Read more Sarva Shiksha Abhiyan

 India’s National Accounts It is emphasised that in view of the essentially de-centralized character of the Indian Statistical System, the continental size of the country with large diversities and federal character of polity, the Indian System of National Accounts to include regional accounts at the State level and below. The term National Accounts … Read more Indian National Account

   Age structure, sex ratio and Rural-Urban composition of India   Rural-Urban Composition:   For the first time since Independence, the absolute increase in population is more in urban areas that in rural areas Rural Population in India: 68.84% … Read more Age Structure, Sex Ratio And Rural Urban Composition Of India

 National Income     The study of National Income is important because of the following reasons: To see the economic development of the country. To assess the developmental objectives. To know the contribution of the various sectors to National Income. Internationally some countries are wealthy, some countries are not wealthy and … Read more National Income

 Energy security Energy security can be defined as “the uninterrupted availability of energy sources at an affordable price”. Energy security has many dimensions: long-term energy security mainly deals with timely investments to supply energy in line with economic developments and sustainable environmental needs. Short-term energy security focuses on the ability of the energy … Read more Energy Security

 Human Development Index The HDI is an average measure of basic human development achievements in a country measured by UNDP. It is an average of long-term progress in three basic dimensions of human development viz. a long and healthy life, access to knowledge and a decent standard of living. India has been placed … Read more Human Development Index

 JOB CREATION   As outlined in the NITI Aayog’s Action Agenda, India suffers more from the problem of underemployment (i.e. low-productivity, low-wage jobs) than unemployment as for example: In 2011-12, agriculture engaged nearly 50% of the workforce but contributed 15% to GDP In 2010-11, within manufacturing, small firms employed 72% but output was … Read more Employment Trend

 Basic characteristics of Indian Economy as a developing economy Low per capita income:   In India, the national income and per capita income is very low and it is considered as one of the basic features of underdevelopment. As per World Bank estimates, the per capita income of India stood at only $ … Read more Basic Characteristics Of Indian Economy As A Developing Economy