Economy

Steps to modernise agri are as follows: Increase area under irrigation. Increase adoption of hybrid and improved seeds. Dynamic seed development plans. States should aim to increase the seed replacement rate (SRR) to 33 per cent for self-pollinatedcrops and 50 per cent for cross-pollinated cropsin alternative years. Increase variety replacement ratio to phase out old … Read more

Financial inclusion is the pursuit of making financial services accessible at affordable costs to all individuals and businesses, regardless of net worth and size, respectively. Financial inclusion strives to address and proffer solutions to the constraints that exclude people from participating in the financial sector. It is also called inclusive financing. Government has launched various … Read more

According to the scheme, The States and Union Territories are required to complete the works of household electrification by the 31st of December 2018. The beneficiaries for free electricity connections would be identified using Socio Economic and Caste Census (SECC) 2011 data. However, un-electrified households not covered under the SECC data would also be provided electricity connections … Read more

Industrial Corridor refers to a set of infrastructural spending allocated to a specific geographical area, with the aim of stimulating industrial development. An industrial corridor aims to crease an area with a cluster of manufacturing or other industry. The major Indian Industrial Corridors are: Delhi-Mumbai Industrial Corridor (DMIC); Bengaluru- Mumbai Economic Corridor (BMEC); Chennai-Bengaluru Industrial … Read more

Problem of Finance Marketing problem Problem of Infrastructure Problem of Management Problem of Technology Child Labour Lack of skilled personnel  

A sovereign credit rating is the credit rating of a sovereign entity, such as a national government. The sovereign credit rating indicates the risk level of the investing environment of a country and is used by investors when looking to invest in particular jurisdictions, and also takes into account political risk. The “country risk rankings” … Read more

Reform strategies include Alternative financing (user-fees, health insurance, community financing, private sector investment); Institutional management (autonomy to hospitals, monitoring and management by local government agencies, contracting); Public sector reforms (civil service reforms, capacity building, productivity improvement); and Collaboration with the private sector (public/private partnerships, joint ventures).

The fourteenth finance commission is of the view that tax tax devolution should be the primary route of resources to the states. The commission recommends to increase the tax devolution of the divisible pool to states to 42% for years 2015 to 2020. This is 10% more compared to 32% target set by 13th financial … Read more

  To organize training programmes for educational functionaries for developing capacities of educational planning and administration. To strengthen capacities for training and research in the field of educational planning and administration. To provide consultancy services in the sphere of educational planning and administration to Central as well as State Governments, Universities, Board and other similar … Read more

Social Equity Another principle on which labour legislation is based on social equity. Legislation based on social justice fixes a definite standard for adoption for the future, taking into consideration the events and circumstances of the past and the present. Social Justice In an industrial set up, social justice means an equitable distribution of profits … Read more