Indus Valley Civilization
- Discovered in 1921
- Belonged to the bronze age
- An area of about 1.3 mn sq km
- Existed between 3300-1600 BC in three phases: early, mature and late phases
- Sites
RAS RAS PSC
services sector
Probable questions:
- What is the contribution of services sector to India’s economy?
- Do you think India is over-tertiarised?
Public Economics
Public Economics
Study of economic efficiency, distribution and government economic policy.
Developed out of the original political economy of JS Mill and David Ricardo. It is a very important branch of economics because of the foundation it provides for practical policy analysis.
POVERTY
- Following elements mainly affect the magnitude of the poverty ration
- The nutrition norm in the base year
- Price deflator used to update the poverty line
- Pro rata adjustment in the number of households in different expenditure classes to determine the number of households below and above poverty line.
- Agricultural wage earners, small and marginal farmers and casual workers engaged in non-agricultural activities constitute the bulk of the rural poor
CPI
The Central Statistics Office (CSO) of the Ministry of Statistics & Programme Implementation announced that the new series of Consumer Price Index(CPI) numbers for Rural, Urban and Combined (Rural +Urban) on base 2010 ( January to December)=100 taking all segments of rural and urban population for the month of January, 2011 will be released by the Central Statistics Office for the States/UTs and all- India on 18th February, 2011.These indices will be available for five major groups namely Food, beverages and tobacco; Fuel and light; Housing; Clothing, bedding and footwear, and Miscellaneous.
Micro, Small and Medium enterprises
Importance of micro, small and medium enterprises
- Apart from playing a significant role in meeting national objectives of balanced growth, poverty alleviation and equity promotion, serve as nurseries for corporate enterprises of future.
Land reforms
- In rural India, land is the single most important productive asset owned by the people
Why are land reforms needed?