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 envisaged as … Read more Mains Booster-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 submitted its … Read more Mains Booster-Recomendations of the 14th Finance commission

 Current trends and challenges in the Indian Economy Good news is underway for India as its economy is poised to win back its tag of the fastest growing economy in the world. The recent upgrade of India’s rating by the US based credit rating agency Moody’s (Baa2 from Baa3) in recognition of the … Read more Current Trends And Challenges In The Indian Economy

 Rural Social system and Rural Development Rural social structure Human world is composed of individuals. Individuals interact with one another for the fulfillment of their needs. In this process, they occupy certain status and roles in social life with accompanying rights and obligations. Their social behaviour is patterned and gets associated with certain … Read more Rural Social System And Rural Development

 Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more Banking

                 Infrastructure     1. The Government of India shall develop a new major port at Duggirajupatnam in the successor State of Andhra Pradesh to be completed in phases with Phase I by end-2018. 2. SAIL shall examine, within six months from the appointed day, the feasibility of establishing an integrated steel plant … Read more Infrastructure Development

Industrial Growth and Structure – Public, Private and Joint Sectors Division of the Economy between Public Sector and Private Sector: The present economic structure of Indian economy is known as mixed economy, where there is a co­existence of both the public sector and the private sector. All the different types of industries are divided between … Read more Industrial Growth and Structure – Public, Private and Joint Sectors

 Repo and reverse repo transactions The repurchase agreement (repo or RP) and the reverse repo agreement (RRP) are key tools used by many large financial institutions, banks, and some businesses. These short-term agreements provide temporary lending opportunities that help to fund ongoing operations. The Federal Reserve also uses the repo and reverse repo … Read more Repo And Reverse Repo Transactions

 Public Private partnership for inclusive growth Public private partnerships have become increasingly popular in government policy. Especially in the domain of international cooperation and development aid, an increasing part of the budget is spent on public private partnerships. The expectation is that this will enhance the efficiency of public good provisioning, improve local … Read more Public Private Partnership For Inclusive Growth

   Smart Cities The Government of India has launched the Smart Cities Mission on 25 June 2015. The objective is to promote sustainable and inclusive cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment and application of ‘Smart’ Solutions. The … Read more Smart Cities