Economy

There are no magic bullets to revive the economy as this time situation is quite different. The  macro indicators are fine but overall economy is not doing good. Last quarter growth was pegged at 4.5%, IIP was in negative territory, Exports are not growing, Private investment is low, Twin balance sheet problem, IL&F crisis etc. … Read more

Prime Minister Narendra Modi on December 25, 2019 launched a scheme to conserve ground water in regions with low water tables. It is a Rs.6000 crore World Bank approved Central Sector Scheme of the Ministry of Jal Shakti The funding pattern is 50:50 between Government of India and World Bank. Aims to improve ground water management in priority areas in the country through community … Read more

India has been facing serious issues as far as economy is concerned. The growth rate plummeted   to 4.5%. Unemployment rate is highest in 45 years and at the same time food inflation is also on higher side. So we are going towards stagflation. The major reasons for economic slow down are as follows: Twin balance … Read more

Unemployment rate is very high. The problem is structural and there are both long term and short term causes of the problem. The major reasons are: Weak aggregate demand of the country. Global economic is passing through rough patch. Low emphasis of our curriculum on skill development and training. Age old educational programme and curriculum. … Read more

Current weekly status:  The Current Weekly Status (CWS) approach to measuring unemployment uses seven days preceding the date of survey as the reference period. A person is considered to be employed if he or she pursues any one or more of the gainful activities for at least one-hour on any day of the reference week. … Read more

Samarth (Scheme For Capacity Building In Textile Sector) is a flagship skill development scheme approved in continuation to the Integrated Skill Development Scheme for 12th FYP, Cabinet Committee of Economic Affairs. The industry is facing shortage of skilled workers and provides many opportunities for unemployed youth in the country who are trained in the sector. To address … Read more

Financial inclusion is described as the method of offering banking and financial solutions and services to every individual in the society without any form of discrimination. It is done to bring majority of stakeholders under the net of financial security. Benefits of Financial inclusion: Access to Financial services enables the poorest and most vulnerable in … Read more

Land reforms Distribute ceiling-surplus and waste lands; Prevent diversion of prime agricultural land and forest to corporate sector for non-agricultural purposes. Ensure grazing rights and seasonal access to forests to tribals and pastoralists, and access to common property resources. Establish a National Land Use Advisory Service, which would have the capacity to link land use … Read more