The Big Picture – Revised GDP data: Why the mismatch with reality?

http://youtu.be/rWecsNj7CRc Summary: The Indian economy is looking better than anyone expected. It is being touted as on par with China and is even expected to overtake it sooner than one thought it would. This is what the new GDP numbers based on revised methodology are saying. What was thought in 2014 was just 4.7% growth …

Insights Daily Current Events, 16 February 2015

Insights Daily Current Events, 16 February 2015 ZSI plans digitisation of specimens The Zoological Survey of India (ZSI) is aspiring for an ambitious project of digitisation of its millions of specimens, besides identifying the gap areas in taxonomy. The ZSI, in the past 99 years, has identified 96,000 species in India, considered a mega-diversity country …

[Insights Secure – 2015] UPSC Mains Questions on Current Events: 16 February 2015

Archives – Secure 2015 16 February  2015 General Studies – 1; Topic: Salient features of Indian Society;  urbanization, their problems and their remedies. 1) In the light of recent political trends, critically examine the impact of urban politics on urbanization and urban development in India’s major cities. (200 Words) Business Standard   General Studies – 2 Topic: India …

8) Assume that you are a district collector (DC) of a communally sensitive district where frequent communal clashes are the norm. As a DC, how will you ensure peace and harmony in your district? What measures will you take on priority basis soon after you assume your office? Explain.

Topic:  Essence, determinants and consequences of Ethics in human actions; dimensions of ethics 8) Assume that you are a district collector (DC) of a communally sensitive district where frequent communal clashes are the norm. As a DC, how will you ensure peace and harmony in your district? What measures will you take on priority basis soon …

7) Some analysts argue that Purchasing Power Parity (PPP) measure of GDP which ranks India among fastest growing nations is not a true reflection of India’s economic and social growth. Critically analyse flaws in the method and explain what in your opinion needs to be done to reflect correctly the overall socio-economic development of the country.

Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment 7) Some analysts argue that Purchasing Power Parity (PPP) measure of GDP which ranks India among fastest growing nations is not a true reflection of India’s economic and social growth. Critically analyse flaws in the method and explain what in your …

5) Recently the measurement of India’s gross domestic product(GDP) was tweaked to conform to international standards. But, according to economists this method has created some discrepancies. What are these discrepancies and why are they caused? Explain.

Topic: Indian economy –  growth 5) Recently the measurement of India’s gross domestic product(GDP) was tweaked to conform to international standards. But, according to economists this method has created some discrepancies. What are these discrepancies and why are they caused? Explain. (150 Words) Business Standard