ECONOMIC SURVEY – 2019 Summaries – Volume 1 and 2

ECONOMIC SURVEY – 2019 Summaries – Volume 1 and 2 We recently concluded hugely successful special classes on Economic Survey – 2019 (Free classes). As part of the classes we prepared following summaries of Economic Survey, which according to many feedback received from those who attended the classes, are best in the market. These summaries …

Understanding Subsidies in India

                                                      Subsidies in India Table of contents Introduction Subsidies: are they solution to a problem or are they themselves a problem? Subsidies and its opportunity costs Some subsidies led distortion in India Direct Benefit Transfers as solution JAM Trinity – Jan Dhan Yojna, Adhaar and Mobile base Conclusion Subsidies are one of the quintessential attributes …

India and WTO – Detailed Analysis of All Related Issues and Concepts

 Note: This is an experimental initiative where we will be posting One Issue every Week – which will be comprehensive in its coverage.                India and WTO – Detailed Analysis of All Related Issues and Concepts Table of Contents Introduction Why WTO replaced GATT? Uruguay round and outcomes Principles of trading …

Mobilization of Resources – 3: Government Finances

  Mobilization of Resources – 3: Government Finances               Government of India retains a big role in economy. In aftermath of LPG reforms, it has pulled back substantially from private sector, yet its presence is unquestionable and desirable in social sector, defense and security, provision of public goods and …

Resource Mobilization – 2: Capital Markets

                   Resource Mobilization 2: Capital Markets ARCHIVES     Resources can be mobilized either for short term or for long term. Economy consists of huge number of enterprises and individuals, requirements of all of them differ. Some have surplus cash to save, while some other needs cash. Some firms/individuals wants to make good there short …

Investments, Models and Related Concepts

                             INVESTMENTS, RECENT MODEL AND RELATED CONCEPT Investment in common parlance means exchanging money for a ‘return or profit yielding asset’. Individual earning money can either invest his money or consume it. When he invests that money, asset will supplement his future income. So if a certain part of income is set aside regularly …

Effects of Liberalization on Indian Economy and Society

Effects of Liberalization on Indian Economy and Society Table of Content Growth rate Industry Agriculture Services Education Sector & Health Sector We have seen landmark shift in Indian Economy since the adoption of new economic policy in 1991. This had far reaching impacts on all spheres of life in India. There can be no concrete …

Post Liberalization Industrial policies

  Table of Content Introduction PSUs and Disinvestment MOU scheme for Autonomy of PSUs Sick Industrial Companies Act and BIFR Manufacturing Policy Industrial Corridors FDI policy Make in India Export Promotion Policies Policies for MSMEs Defense Production and Procurement Policies Introduction Fact that economy is being over regulated and controlled was realized in 1980’s. As …

India: Industrial Policy, Liberalization and Impact

    Syllabus mentions – Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. Table of Content Introduction Why industrial policy? Arguments against industrial policy Common instruments of Industrial Policy Evolution and Changes in Industrial Policy in India   Introduction One of the most important tasks of the …

Agriculture: Second Green Revolution and, Government Schemes and Missions

      As we all know current state of agriculture in India is result of green revolution which is in place since late 1960’s, which was heavily backed by government. It has delivered India food security and sufficiency which was critical at that time. This progress and security had its own costs in terms …

E-technology in the Aid of the Farmers

E-technology in the aid of the farmers   Structure Introduction Transforming rural India with the help of digital technologies ICT and Agriculture Government steps to provide e-aid to farmers Budget 2014-15 initiatives More advanced use of ICT in farming Benefits of e-aid to farmers Problems in effective use of Technology Conclusion Introduction Agricultural practices and …

Food Processing Industry: Concepts, Issues and Its Scenario in India and the World

    What is food processing industry (FPI)? Right from the cultivation and harvest of crop, upto the consumption of product by consumer, there is certain degree of value addition in every product. This value addition can be of numerous types. As it goes from producer, to wholesaler, to retailer and finally to consumer, every …

Agriculture Marketing: APMC Act and Related Issues

  Table of Content APMC act Purpose Shortcomings in old APMC acts Model APMC act Economic Survey on APMC act Alternate Marketing Channels Direct Marketing Contract Farming Futures Contracts and Negotiable Warehouse Receipt System Importance of International Trade Essential Commodities Act   Topics from Syllabus Covered GS paper 2 – Government policies and interventions for …

Agriculture: Procurement, Buffer Stock, FCI Reforms and PDS

….. Food Corporation of India Procurement Storage Operational Stock Strategic and Buffer stock Open Market Sale Scheme FCI reforms Entrepreneur Guarantee Scheme Public Distribution System Identification of Beneficiaries Food Security Act Other Welfare Schemes Central Issue Price and Economic Cost Topics from Syllabus Covered GS paper 2 – Government policies and interventions for development in …

Agriculture: Issues Related to Minimum Support Prices (MSP), WTO and Subsidies

Pricing policy and WTO Minimum Support Price Additional bonus announced by Center and States Commission for Agriculture Cost and Prices (CACP) Criticism of MSP MSP on Minor forest produce (MFP) Levy procurement System WTO and Subsidies India is faced with a complicated situation as on one hand there is record production of cereals and on …

Agriculture: Subsidies, Seeds, Fertilizers and Related Issues

Agriculture: Subsidies, Seeds, Fertilizers and Related Issues   Table of Contents Inputs of Agriculture, related issues and Subsidies thereon Seeds Fertilizers Power, Water and Irrigation Credit and Insurance Introduction Agriculture sector is undoubtedly most important sector of Indian economy as it provides employment to 54.6% of people and food security of India revolves around this …

Poverty Line in India: Its Meaning, Concept and Evolution

From the times immemorial society has been divided as rich and poor or powerful and weak. Some have dominant access to resources while some are deprived of resources. Situation is no different now. In democracy, government attempts to narrow this gap by taking up task of redistribution of resources. But resources at disposal of any …

Understanding Issues Related to Black Money

Table of Contents Introduction     Tax Heavens     Offshore Financial Centers     Money Laundering     Hawala System     Round Tripping     1.    Participatory Notes     2.    Raising Capital by Global Depository Receipts     3.    Money coming in NGOs and Charitable Institutions     4.    Transfer Pricing     Effects of Black …