Economy
Impacts of Globalisation:-
Definition of Globalization :- Its a process(not an outcome) characterized by increasing global Interconnections by gradual removal of barriers to trade and investment between nation and higher economic efficiency through competitiveness. Various economic, political, social and cultural effects of globalization are as follows:- Breaking down of national economic barriers International spread of Trade, Financial and … Read more
Handicrafts of Haryana
Handicrafts of Haryana Handicrafts of Haryana include a variety of style and flair. These works of art reflect the rich cultural heritage of Haryana. The famous Handicrafts of Haryana are known all over the country for their splendid aesthetic values. Handicrafts of Haryana mainly include Pottery, Embroidery and Weaving, Phulkari, Chope, Durries Bagh and Paintings. … Read more
Indian Agriculture
Mainstay of Indian Economy Since independence, undergone a change from being the sector contributing the highest share to the GDP to one contributing the lowest share. Agriculture is a state subject. GDP contribution (Agriculture and allied sector) 5 pc in 1950-51 7 pc in 2008-09 and 14.6 pc in 2009-10. It was 19 pc in … Read more
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 in non-agricultural activities constitute the bulk of the rural poor
Economic Growth, Development & Planning
Economic Growth Economic growth means an increase in real GDP. This increase in real GDP means there is an increase in the value of national output / national expenditure. Economic growth is an important macro-economic objective because it enables increased living standards and helps create new jobs. Measurement of Economic Growth Economic growth is … 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.
Census of Haryana
Census of Haryana According to Census 2011, Haryana has population of approx 2.54 Crores, an increase from figure of 2.11 Crore in 2001 census. Total population of Haryana as per 2011 census is 25,351,462 of which male and female are 13,494,734 and 11,856,728 respectively. In 2001, total population was 21,144,564 in which males were 11,363,953 … Read more
Quality of life, life expectancy, literacy, standard of living and migration in India
Quality of life, life expectancy, literacy, standard of living and migration in India Human development—a comprehensive approach Human development is a process of enlarging people’s choices. But human development is also the objective, so it is both a process and an outcome. Human development implies that people must influence the processes that shape their lives. … Read more