Recommendation of 15th Finance Commission and challenges faced by Local Bodies

GS 3 Indian Economy Issues relating to planning, mobilization, of resources, growth, development and employment. Introduction            The Finance Commissions (IAST: Vitta Āyoga) are commissions periodically constituted by the President of India under Article 280 of the Indian Constitution to define the financial relations between the central government of India and the individual state governments.Continue reading “Recommendation of 15th Finance Commission and challenges faced by Local Bodies”

Economic Survey prediction

GS 3 Indian Economy Issues relating to planning, mobilization, of resources, growth, development and employment. Introduction             India’s economy is firmly in the middle of a V-shaped recovery and will bounce back to record 11% growth in 2021-22 after an estimated 7.7% contraction this year, according to a ‘conservative’ estimate in the Economic Survey 2020-21.         Continue reading “Economic Survey prediction”

Economy Slow Down In India

GS 3 Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Introduction                COVID19  pandemic has pulled down the global economy and India’s economy is one of the worst affected among them. Current Scenario: In the first quarter of the financial year (April-June),  India’s economy had contracted by an unprecedented 23.9%. Continue reading “Economy Slow Down In India”

PM-KUSUM

GS 3 Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Introduction              Ministry of New and Renewable Energy (MNRE) has launched the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme for farmers for installation of solar pumps and grid connected solar and other renewable power plants inContinue reading “PM-KUSUM”

Corporates as Bankers

GS 3 Indian Economy Issues relating to planning, mobilization of resources, growth, development and employment.  Introduction              Corporate banking refers to the aspect of banking that deals with corporate customers. Commercial banks make loans that enable businesses to grow and hire people, contributing to the expansion of the economy. Recently in News:  A recent report by anContinue reading “Corporates as Bankers”

NEW FCRA RULES

GS 3 Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Introduction        Foreign Contribution (Regulation) Act is an act of Parliament enacted in 1976 and amended in 2010 to regulate foreign donations and to ensure that such contributions do not adversely affect internal security. FCRA (Foreign Contribution Regulation Act) Coverage:Continue reading “NEW FCRA RULES”

Demographic Divident in India

GS 2 GOVERNANCE Important aspects of governance, transparency and accountability, e-governance- applications, models, successes, limitations, and potentialIssues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources.GS 3 ECONOMY Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Introduction         According to the United Nations Population FundContinue reading “Demographic Divident in India”

Monetary Policy in India

GS 3 Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment Introduction         Monetary policy is the process by which the RBI controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability. Quantitative Instruments: General or indirect  Cash Reserve Ratio Statutory Liquidity Ratio OpenContinue reading “Monetary Policy in India”

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