LAKE ECOLOGY

  Any – body of standing water, generally large enough in area and depth, irrespective of its hydrology, ecology, and other characteristics is generally known as lake. Ageing of Lakes The nutrient enrichment of the lakes promotes the growth of algae, aquatic plants and various fauna. This process is known as natural eutrophication. Similar nutrient … Read more LAKE ECOLOGY

Multipurpose Projects & Hydro-Electric Projects in India

Damodar Valley Project—- Damodar—– West Bengal & Jharkhand. It includes Maithon & Tilaiya Dam on Barakar river in Bihar, Konar Dam (Konar river) & Panchet Dam (Damodar). Rihand Dam —-Rihand —–Uttar Pradesh Nagarjunasagar Project —–Krishna—- Andhra Pradesh. Consists of two canals – Lal Bahadur Canal (Left) & Jawahar canal (Right). Tungabhadra Project Tungabhadra JV of … Read more Multipurpose Projects & Hydro-Electric Projects in India

Impact of Liberalisation

  The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.Liberalization has led to several positive and negative effects on Indian economy and society. Some of the consequences of liberalisation have been briefly described here: 1. Increase in the Direct Foreign Investment: The policy of … Read more Impact of Liberalisation

Foreign Trade Policy 2009-14

Highlights of Foreign Trade Policy 2009-14

Higher Support for Market and Product Diversification
1. Incentive schemes expanded by way of addition of new products and markets.

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August Offer (1940)

After the WWII began, British sought cooperation from India. August Offer offered three proposals. Firstly, it called for an immediate expansion of Viceroy’s Executive Council with the inclusion of India representatives; secondly, an advisory body with the members from British India and Indian princely states which were supposed to meet at consequent intervals was established … Read more August Offer (1940)

CAPITAL STRUCTURE      

  The financial requirement of a firm can be met through ownership capital and/or borrowed capital. The ownership capital refers to the amount of capital contributed by the owners. In case of a company, it refers to the amount of funds raised by issuing shares. The main characteristic of the ownership capital is that its … Read more CAPITAL STRUCTURE      

Public Economics

Public Economics

Study of economic efficiency, distribution and government economic policy.

Developed out of the original political economy of JS Mill and David Ricardo. It is a very important branch of economics because of the foundation it provides for practical policy analysis.

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The Peshwas

            1713-20   Balaji Vishwanath Shahu appointed him as the Peshwa.     1720-40   Baji Rao I Baji Rao I succeded who was the most charismatic leader in             Maratha history after Shivaji.He conquered Malwa, Bundelkhand             & even … Read more The Peshwas

INDIAN PUBLIC FINANCE

Indian Public Finance Value Added Tax Under the constitution the States have the exclusive power to tax sales and purchases of goods other than newspapers There are however defects of sales tax It is regressive in nature. Families with low income a larger proportion of their income as sales tax. Has a cascading effect – … Read more INDIAN PUBLIC FINANCE

Water Resources : Availability

  Water is a prime natural resource, a basic human need and a precious national asset. Planning, development and management of water resources need to be governed by national perspectives. India accounts for about 2.45 per cent of world’s surface area, 4 per cent of the world’s water resources and about 16 per cent of … Read more Water Resources : Availability