Paper V

Exports Promotion and Imports Substitution

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Export Promotion Government of India has liberalized the schemes for export oriented units and export processing Zones. Agriculture, Horticulture, poultry, fisheries and dairies have been included in the export oriented units. Export processing zones have been allowed to export through trading and star trading houses and can have equipment on lease. These units have been … Read more Exports Promotion and Imports Substitution

New Economic Policy (NEP) – Its Impact on Agriculture, Industry and Foreign Trade.

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IMPACT OF NEW ECONOMIC POLICY India’s post-independence development strategy showed all the signs of stagnation, but the economy started showing the sign of recovery in the early nineties when the government adopted the new economic model known as Liberalization, Privatization and Globalization (LPG) to meet a grave economic crisis; characterized by unprecedented adverse balance of … Read more New Economic Policy (NEP) – Its Impact on Agriculture, Industry and Foreign Trade.

Effects of Taxation,Direct and Indirect Taxes, Public Expenditure and Public Debt. Internal and External Debt.

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India has a well developed taxation structure. The tax system in India is mainly a three tier system which is based between the Central, State Governments and the local government organizations. In most cases, these local bodies include the local councils and the municipalities. According to the Constitution of India, the government has the right … Read more Effects of Taxation,Direct and Indirect Taxes, Public Expenditure and Public Debt. Internal and External Debt.

Monetary Policies

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Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. Objectives of Monetary Policies are:-  Accelerated growth of the economy Balancing saving and investments Exchange rate stabilization Price stability Employment … Read more Monetary Policies

Self Help Groups

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    (SHGs) and Civil Society in India The (SHG) initiative was adopted by India several decades ago in order to alleviate poverty, and improve women’s ability to achieve rights and well-being. At the beginning, SHG was an initiative undertook by NGOs, but later on, due to its success in improving live standards and delivering … Read more Self Help Groups

National Income – Measurement and composition

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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 some countries are in-between. Under such … Read more National Income – Measurement and composition

PUBLIC FINANCE

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Public Finance Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. It includes the study of … Read more PUBLIC FINANCE

Fiscal Policy

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Public Finance Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. It includes the study of … Read more Fiscal Policy