Economy

  Economic Growth Economic growth means an increase in real GDP. This increase in real GDP means there is an increase in the value of national output / national expenditure. Economic growth is an important macro-economic objective because it enables increased living standards and helps create new jobs. Measurement of Economic Growth Economic growth is … Read more

DRY FARMING The spread in the regions where the average annual rainfall is less than 75 cm. rainfall is scanty and uncertain, where hot and dry conditions prevail. It is not only that the average annual rainfall is low, the variability of rainfall in these areas varies between 25 to 60 per cent. Agriculture belongs … Read more

  Different types of irrigation and irrigation systems There are two main ways that farmers and ranchers use agricultural water to cultivate crops: Rain fed farming irrigation Rain-fed farming Irrigation Rain-fed farming is the natural application of water to the soil through direct rainfall. Relying on rainfall is less likely to result in contamination of … Read more

Sectoral trends in GSDP The growth rate of GSDP denotes the performance of economy of the State and changes in the magnitude and composition of GSDP of the State economy over time. The economy is broadly classified into three sectors, i.e., primary, secondary and tertiary. The primary sector consists of crops; livestock; forestry & logging; … Read more

Impact of land reforms Land reforms are being attempted for two­fold reason: to improve production and productivity and the distribution of income/asset. Land reform measures are costless methods of increasing production in the agricultural sector. It serves the purpose of social justice too. Let us see how far land reform measures have improved productive efficiency … Read more

Land reforms Land reform is a broad term. It refers to an institutional measure directed towards altering the existing pattern of ownership, tenancy and management of land. It entails “a redistribution of the rights of ownership and/or use of land away from large landowners and in favour of cultivators with very limited or no landholdings.” … Read more

Sectoral trends in National Income of India In 1950-51, the share of the primary sec­tor in GDP was as high as 55.8%, while that of the secondary sector was only 15.2%. There has been a steady decline in the share of primary sector since then. It fell to 26% in 2000-01. On the other hand, … Read more