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.

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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 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
in non-agricultural activities constitute the bulk of the rural poor
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  • Planning in India

    Planning in India

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    Subsidies or Cash Transfers?

    Subsidies or Cash Transfers?

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    or Cash Transfers?

    Economy Notes

    Contents

    India under the British

    124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube

    Rule. 2

    Inflation in India. 6

    Monetary Policy of India. 6

    Money Market. 13

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    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.

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    Micro, Small and Medium enterprises

    Importance of micro, small and medium enterprises

    • Apart from playing a significant role 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
    in meeting national objectives of balanced growth, poverty alleviation and equity promotion, serve as nurseries for corporate enterprises of future.

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    Land reforms

    • In rural India, land is the single most important productive asset owned by the people

    Why

    are land reforms needed?

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