Economy

  To ensure that all secondary schools have physical facilities, staffs and supplies at least according to the prescribed standards through financial support in case of Government/ Local Body and Government aided schools, and appropriate regulatory mechanism in the case of other schools. To improve access to secondary schooling to all young persons according to … Read more

  To promote economic development activities of Safai Karamcharis and their dependents; To promote self-employment ventures for the benefit and /or rehabilitation of Safai Karamcharis and their dependents. To assist, through the State Scheduled Castes Development/finance corporation or any other Channelizing Agency designated by the State Government or Union Territory Administration and subject to the … Read more

Estimates Committee Estimates Committee was first established during British Era in 1920s but Independent India’s first Estimates Committee was established in 1950. This committee examines the estimates included in the budget and suggests ‘economies’ in public expenditure. The Estimates Committee has 30 members and all these members are from Lok Sabha. There is no Rajya … Read more

Integrated Rural Development Programme (IRDP) The Integrated Rural Development Programme (IRDP) was started in 20 selected districts in the country in 1976-77. Later on in 1980, the programme was extended to all the districts of the country. The scheme was funded by centre. The funds for the scheme are shared by centre and State Govt. … Read more

Economic growth is key to the overall development. The growth accompanied by regulatory environment for inclusive growth can be a booster for Indian economy. Further, all global agencies like world bank, IMF etc. have termed India to be bright spot in the light of low growth rate of global economy. But, the economic environment must … Read more

Unbalanced regional growth is the major reason for non transmission of positive effects of growth period. This anomaly leads to poor development of some states. The condition of them being poor necessitated more borrowings and aids and low revenue capacity make them incapable of fuelling investment in employment generated events. This lead to high debts … Read more

Industrial sector is a crucial sector for sustainable growth of India. The sector growth rate and its contribution to overall growth is not sufficient enough for achieving double digit growth. The benefit of achieving industrial growth is that it is employment friendly and it is a self priming system. The constraints in the development of … Read more

ODB aims at converting a class room into a digital class room and provide e-resources at any time and at any place to students.The digital board will be introduced all over the country in government and government aided schools from class 9th onwards as well as in higher education institutions.The Operation Digital Board (ODB) will be implemented in … Read more

  Full Budget deals with both expenditure and revenue side but Vote-on-account deals only with the expenditure side of the government’s budget. The vote-on-account is normally valid for two months but a full budget is valid for 12 months (a financial year). As a convention, a vote-on-account is treated as a formal matter and passed … Read more

Labour reforms essentially mean taking steps in increasing production, productivity, and employment opportunities in the economy in such a manner that the interests of the workers are not compromised. “Essen­tially, it means skill development, retraining, redeployment, updating knowledge base of workers-teachers, promotion of leadership qualities, etc. The recommendation of NITI aayog are: Codification of labour … Read more