Economy

Foreign direct investment (FDI) is an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country, such as ownership or controlling interest in a foreign company.   Concerns with FDI:   FDI has … Read more

Effect of Black Money on Indian Economy Black money is a socioeconomic evil. The existence of rapidly growing black money in our economy has grave and disastrous consequences. The major effects of black money are discussed below: Dual Economy The increase in the amount of black money in India over a period of time lead to the … Read more

FRBM act was brought to bring fiscal discipline in the Indian fiscal milieu. But the objectives of FRBM have been shifted for various reasons in the past due to global reasons as well as the domestic reasons. Hence FRBM panel was set up to review the act. The recommendation are explained hereunder which are nonbinding … Read more

Government: The Indian Government utilizes numerous techniques to ascertain how people areresponding to government action, as well as ideas for policy augmentation. Healthcare: Big data analytics plays a vital role in improving services and tackling some of theforemost challenges in the healthcare sector, especially in terms of patient profile analysis,genomic analysis, public health monitoring, diagnosis … Read more

There are disproportionate burden that falls on women and girls due to deficiencies in sanitation facilities.A rapid study conducted in 2016 by WASH Institute and Sambodhiprovides some insight on the burden faced by women:   76 percent of women had to travel a considerable distance to use these facilities. 33 percent of the women have … Read more

Tax expenditure is the revenue foregone as a result of exemptions and concessions. Tax expenditure was introduced for the first time in 2006-07 union budget.  Tax expenditure is justified on following grounds: Act as an incentive for priority sector like infrastructure. It promotes balance regional growth It neutralise the disadvantage on account of location It … Read more

Bad bank or PARA (Public Sector Asset Rehabilitation Agency) was proposed in Economic Survey 2016-17. Bad Bank is an institution which specializes in loan resolution process, so that banking system is free to focus on core banking solutions. Need for PARA According to Economic Survey, need for PARA arises because: Early resolution so that Funds for creation … Read more

SHAKTI stands for Scheme for Harnessing and allocating Koyala Transparency in India. It is a  transformational policy for auction and allotment of coal linkages. This policy will award fuel supply agreements to coal plants already holding letter of assurance. Coal linkage would be allocated to state owned power distribution companies. The major objective to bring … Read more

Inflation is the general increase in the price level of basket of commodities. In every country there are certain index to map inflation. Following are different types of Inflation: Creeping Inflation: When prices rise at very slow rate, i.e. creeper’s speed, it is called ‘creeping inflation. Generally 3% annual rise in prices is considered as … Read more

The major problems are as follows: Rudimentary infrastructure and policies leads to slow agricultural growth. The average size of landholding is small. Poor socio economic conditions of farmers. Use of technology is inadequate. No proper management of irrigation. Vulnerability of agriculture sector is high to wards hazards and disaster. Dependence of agriculture on vagaries of … Read more