TSPSC Prelims and Mains Notes-TSPSC Test Series
Commissions/Committees & Their Purpose Arjun Sen Gupta Public Sector Enterprise Autonomy Committee Rangarajan Committee Disinvestment of PSUs & Balance of Payments. Malhotra Committee Insurance Sector & its regulation. Follow up led to setting up of IRDA. Madhukar Committee Gold exchange traded fund implementation. L.C. Gupta Committee … Read more
Distribution of Mulberry and Non-mulberry Sericulture (area, production and productivity across states), Cocoon Production Sericulture which has its origin in China is an age old industry in India. Silk route is one of the ancient internationally recognized route for global business for not only silk but also other important commodities. History reveals that silk is … Read more
Subsidies- Cash Transfer of Subsidy Issue. A subsidy is a benefit given by the government to groups or individuals usually in the form of a cash payment or tax reduction. The subsidy is usually given to remove some type of burden and is often considered to be in the interest of the public. Direct Cash … Read more
The Indian Government had undertaken industrial policy reforms since 1980, but the most radical reforms have occurred since 1991, after the severe economic crisis in fiscal year 1990-91. These reforms mainly aim at enhancing the efficiency and international competitiveness in Indian industry. India’s industrial policy of 1991 towards liberalisation, deregulation, market orientation has been hailed … Read more
Socialist approach and Total Revolution Socialist approach In simple language socialism can be regarded as a movement against the inequality existing in the present social order. It is a plan for a new social order based on justice, equality, free from exploitation of man by man, a co-operative commonwealth of mankind. Though socialists differ among … Read more
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 measured … Read more
Basic Features of Indian Economy (I) National Income ; Elementary concepts of national Income and methods of its calculation e-g,GDP, GNP, NDP, NNP, CSDP. NSDP, DDP at constant and current prices, at factor cost etc; (II) Inflation : Concept control of inflation : monetary, fiscal and direct measures. (III)Demographic features : Work force composition, demographic … Read more
The founding fathers of our Constitution desired to secure justice, social, economic and political for all citizens. They realized that the inequitable forces embedded in the socio-economic system and also political organizations, had resulted in deprivation and disadvantages for the poor and the weaker sections of the society. They, therefore, considered it necessary to provide … Read more
First Plan (1951 – 56) Target Growth : 2.1 % Actual Growth 3.6 % It was based on Harrod-Domar Model. Influx of refugees, severe food shortage & mounting inflation confronted the country at the onset of the first five year Plan. The Plan Focussed on agriculture, price stability, power and transport It was a successful … Read more
The Vedas for all – The Casteless society The Sanatana Dharma during Vedic era had never endorsed caste system. Thus restoration of true Sanatana Dharma alone would create a casteless society in India. The caste is always a British invention which enumerated based on occupation. But true definition of ‘Jaati’ as per Veda is completely … Read more