12 Finance Commission of India

  The Twelfth Finance Commission  was appointed under the chairmanship of C. Rangarajan on November 1, 2002 to make recommendations regarding the distribution between the Union and the States of net proceeds of shareable taxes, the principles which should govern the grants- in-aid of the revenues of States from the Consolidated Fund of India and … Read more 12 Finance Commission of India

Export Import (EXIM) Policy  of India  

Export Import Policy or  Exim Policy or Foreign Trade Policy is a set of guidelines and instructions related to the import and export of goods. Various Objectives of Exim Policy are :- To facilitate sustained growth in exports from India and import in India. To stimulate sustained economic growth by providing access to essential raw … Read more Export Import (EXIM) Policy  of India  

Environmental Impact Assessment (EIA)

Notification on Environmental Impact Assessment (EIA) of developmental projects 1994 under the provisions of Environment (Protection) Act, 1986 making EIA  mandatory for 29 categories of developmental projects. One more item was added to the list in January, 2000. environmental impact assessment statutory for 30 activities Environment Impact Assessment Notification of 2006 has categorized the developmental … Read more Environmental Impact Assessment (EIA)

Air Pollution

  Aggravated because of four developments: Increasing traffic, growing cities, rapid economic development, and industrialization contamination of air by the discharge of harmful substances Major air pollutants and their sources Carbon monoxide (CO) It is a colourless, odourless gas that is produced by the incomplete burning of carbon – based fuels including petrol, diesel, and … Read more Air Pollution

Key Initiatives To Protect Marine And Coastal Environments

    Coastal Ocean Monitoring and Prediction System (COMAPS) Being implemented from 1991. Assesses the health of coastal waters and facilitates management of pollution-related issues Programme was restructured and modified in 2000 2001 to include pollution monitoring; liaison, regulation and legislation; and consultancy services. 2.Land Ocean Interactions in the Coastal Zone (LOICZ)   Launched in … Read more Key Initiatives To Protect Marine And Coastal Environments

WET LAND ECOSYSTEM

  Areas of marsh, fen, peatland/water, whether natural (or) artificial, permanent (or) temporary with water that is static (or) flowing, fresh, brackish (or) salt, including areas of marine water the depth of which at low tide does not exceed 6 mtrs. Wetlands Classification- Inland wetland- a)Natural- Lakes / Ponds, Ox-bow Lakes, Waterlogged, Swamp/marsh b) Manmade- … Read more WET LAND ECOSYSTEM

India’s action against Desertification

India as a signatory to United Nations Convention to Combat Desertification (UNCCD) has submitted four National Reports to UNCCD  in the years 2000, 2002, 2006 and 2010 Some of the major programmes currently implemented that address issues related to land degradation and desertification is:- Integrated Watershed Management Programme (IWMP), National Afforestation Programme (NAP), National Mission for … Read more India’s action against Desertification

The Cholas: Maritime activities in Sourth-east Asian counturies. Chola administration, art & architecture.

The founder of the Chola Empire was Vijayalaya, who was first feudatory of the Pallavas of Kanchi. He captured Tanjore in 850 A.D. He established a temple of goddess Nishumbhasudini (Durga) there. Aditya I succeeded Vijayalaya. Aditya helped his overlord the Pallava king Aparajita against the Pandyas but soon defeated him and annexed the whole … Read more The Cholas: Maritime activities in Sourth-east Asian counturies. Chola administration, art & architecture.

Public Finance, Monetary Policies, Inflation & Control Mechanism, Repo Rate, Reverse Repo Rate, CRR & SLR.

Table of Content:- Public Finance Monetary Policies Inflation & Control Mechanism, Repo Rate Reverse Repo Rate CRR SLR. 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 … Read more Public Finance, Monetary Policies, Inflation & Control Mechanism, Repo Rate, Reverse Repo Rate, CRR & SLR.

Tax Reforms in India, Direct & Indirect Tax Reforms. Subsidies- Cash Transfer of Subsidy Issue.

Sience 1990 ie the liberalization of Indian economy saw the beginning of Taxation reforms in the nation. The taxation system in the nation has been subjected to consistent and comprehensive reform. Following factors arise the need for tax reforms in India:- Tax resources must be maximized for increased social sector investment in the economy. International competitiveness … Read more Tax Reforms in India, Direct & Indirect Tax Reforms. Subsidies- Cash Transfer of Subsidy Issue.