Economy Booster

Reviving a loss making PSU In the last seven decades, CPSUs have contributed significantly towards making India self- reliant in their respective fields. In addition to physical assets, these have developed significant competencies with regard to human resources, intellectual property, research etc. and have always served the national priorities, over narrow business interests. Following the … Read more Reviving a loss making PSU

 Liability based on fault Fault liability requires some basis to determine whether someone was negligent, i.e. at fault for the harm he caused. Briefly, that would require:   Duty Breach of that duty Proximate cause Actual cause Damages For example, if you were in a car accident, the fact that you were speeding … Read more Liability Based On Fault

 RAS MAINS REVISION: Part III Auditing and Accounting     Social Audit: It is a tool through which government department can plan, manage and measure non-financial activities and monitor both internal and external consequences of the department social and commercial operation. OR Social Audit is an independent evaluation of the performance of an … Read more Social Audit

 Gender equality Gender equality describes the absence of obvious or hidden disparities among individuals based on gender. Disparities can include the discrimination in terms of opportunities, resources, services, benefits, decision-making power and influence. It is important to note that Gender is a social construct which is based on social roles, not sexual differences … Read more Gender Equality

Fiscal Responsibility and Budget Management Act The FRBM Act 2003 in its amended form was passed by the government to bring fiscal discipline and to implement a prudent fiscal policy. High fiscal deficit was the one major macroeconomic problem faced by Indian economy around 2000. It was argued that high deficits lead to inflation, reduces … Read more Fiscal Responsibility and Budget Management Act

 Structural changes in the Indian Economy Change in composition of domestic product or change in national income by industry of origin refers to change in relative significance (share) of different sectors of the economy. Generally, an economy is divided into three major sectors viz. primary, secondary and tertiary sectors. Primary sector includes agricultural … Read more Structural Changes In The Indian Economy

 Inputs of agriculture Seed Seed is technically defined as ripened ovule containing embryo. Another definition says that the seed is a living embryo which is vital and basic input for attaining sustained growth in agricultural production in different agro-climatic conditions. The embryo in the seed remains almost suspended for sometimes and then revives … Read more Inputs Of Agriculture

 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 … Read more Industrial Growth And Structure

 Social Welfare Programmes of India Social Welfare sector is responsible for the welfare, rehabilitation and development of the Persons with Disabilities, the Social Deviants, and the Other Disadvantaged who require special attention of the State because of the disabilities and vulnerabilities they suffer from. While there is no information about the size of … Read more Social Welfare Programmes

 Introduction Urban areas have been recognized as “engines of inclusive economic growth”. Of the 121 crore Indians, 83.3 crore live in rural areas while 37.7 crore stay in urban areas, i.e approx 32 % of the population. The census of India, 2011 defines urban settlement as :- All the places which have municipality, corporation, … Read more Urbanisation