Economy Archives

Role and Functions of Reserve Bank of India

Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and financial inclusion Priority Sector Lending: Introduced from 1974 with public sector banks. Extended to all commercial banks by 1992 In the revised guidelines for PSL the thrust is … Read more

Major Cities and Tourist Places of Odisha

Major Cities and Tourist Places of Odisha Tourist Places of Odisha Jagannath Temple Category : Religious The Jagannath Temple, Puri is one of the most renowned places of interest that are situated in the town of Puri. There are a number of temples in the town, which form one of the major attractions … Read more

Economic Terms

Depository Receipt

A depositary receipt (DR) is a type of negotiable (transferable) financial security that is traded on a local stock exchange but represents a security, usually in the form of equity, that is issued by a foreign publicly listed company. The DR, which is a physical certificate, allows investors to hold shares in equity of other countries. One of the most common types of DRs is the American depositary receipt (ADR), which has been offering companies, investors and traders global investment opportunities since the 1920s.

Infrastructure Debt Funds

Infrastructure Debt Funds In Sept 2011, RBI issued guidelines for permitting banks and NBFCs to set up IDFs to help meet long term financing for the sector IDFs would be set up either as MFs or NBFCs NBFC sponsoring IDF-MF should have a minimum net owned funds of Rs 300 crore and CAR of 15 … Read more

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.

Foreign Trade Policy 2009-14

Highlights of Foreign Trade Policy 2009-14

Higher Support for Market and Product Diversification
1. Incentive schemes expanded by way of addition of new products and markets.

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.

Concept of Money Supply and High Powered Money

Money supply is the entire stock of currency and other liquid instruments in a country’s economy as of a particular time. The money supply can include cash, coins and balances held in checking and savings accounts. Money Supply can be estimated as narrow or broad money. There are four measures of money supply in India … Read more

Animal Husbandry in Odisha

Animal Husbandry in Odisha Animal husbandry has tremendous potential for employment generation .Dairy farming. sheep farming, goat farming, poultry farming & pig farming provide excellent opportunity for self employment. This sector has great role to play in poverty reduction and employment generation. Livestock products account for more than 20 % of the total value of … Read more

Economy of Odisha

Economy of Odisha Odisha’s Economic indicators Economic growth: In 2014-15 and 2015-16, the economy of Odisha grew at 6.2%. This is higher than the growth of 3.5% in 2012-13. Service sector saw a steady improvement in annual growth, from 4.6% in 2012-13 to 9.8% in 2015-16. On the other hand, agriculture saw a volatile growth … Read more