Economy Booster

 Role of agriculture in Indian economic development-interrelationship between agriculture, industry and service sectors Role of agriculture in Indian economic development Contribution to National Income From the very beginning, agriculture is contributing a major portion to our national income. In 1950-51, agriculture and allied activities contributed about 59 per cent of the total national … Read more Role Of Agriculture In Indian Economic Development

 Fisheries: ‘Fisheries’ sector is becoming a subsector of Primary sector with consistently increasing contribution to the state economy. The state government envisages development in fisheries sector with a multi pronged strategy with essential focus on increasing fish production and thereby ensure sustainable development. Development of fisheries through effective value chain and boosting exports, … Read more Fisheries

 Decentralization:Top down planning and bottom up planning Decentralised planning is a kind of percolation of planning activities or process from the Centre to the sub- state levels, i.e., district, sub-division, block and village level. Since the inception of First Plan, the importance of decentralised planning was emphasised in order to achieve active people’s … Read more Decentralization Bottom Up And Up Botom

 Basic characteristics of Indian Economy as a developing economy Low per capita income:   In India, the national income and per capita income is very low and it is considered as one of the basic features of underdevelopment. As per World Bank estimates, the per capita income of India stood at only $ … Read more Basic Characteristics Of Indian Economy As A Developing Economy

 Energy security Energy security can be defined as “the uninterrupted availability of energy sources at an affordable price”. Energy security has many dimensions: long-term energy security mainly deals with timely investments to supply energy in line with economic developments and sustainable environmental needs. Short-term energy security focuses on the ability of the energy … Read more Energy Security

 Vocational Education: As a tool of HR development Human resource development, in short, means invest­ment in human capital. Human capital means people can act as capital assets which yield a stream of economic benefits over their working life.  An improvement in the mental capability, skill, and physical capacity of the people constitutes an … Read more Vocational Education

 Green GDP Green Gross Domestic Product also known as Green GDP, accounts for the environmental consequences of a country’s traditional GDP. It acts as an index of the growth of economy with the environmental implications of that growth which is related to a country’s conventional GDP. Green GDP tells us the biodiversity that … Read more Green GDP

      INFRASTRUCTURE AND SPECIAL     ECONOMIC MEASURES       The Central Government shall take all necessary measures as enumerated in the Thirteenth Schedule for the progress and sustainable development of the successor States within a period of ten years from the oppointed day.  The Central Government shall take appropriate fiscal measures, including offer … Read more INFRASTRUCTURE

 RAS MAINS REVISION: Part III Auditing and Accounting     Social Audit: It is a tool through which government department can plan, manage and measure non-financial activities and monitor both internal and external consequences of the department social and commercial operation. OR Social Audit is an independent evaluation of the performance of an … Read more Social Audit

 Current trends and challenges in the Indian Economy Good news is underway for India as its economy is poised to win back its tag of the fastest growing economy in the world. The recent upgrade of India’s rating by the US based credit rating agency Moody’s (Baa2 from Baa3) in recognition of the … Read more Current Trends And Challenges In The Indian Economy