Economy

Banking- Role of Commercial Banks, Issue of NPA, Financial Inclusion:-

Table of Content:- Role of Commercial Banks Issue of NPA Financial Inclusion A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial … Read more

Food Security & Public Distribution System(PDS)

WHO Defines Food security to exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food which meets their dietary needs and food preferences for an active and healthy life. Food security has three interlinked contents such as :- Availability of food, Access to food and absorption of food. Food … Read more

Impacts of Privatization

Privatization in generic terms refers to the process of transfer of ownership, can be of both permanent or long term lease in nature, of a once upon a time state-owned or public owned property to individuals or groups that intend to utilize it for private benefits and run the entity with the aim of profit maximization. ADVANTAGES … Read more

Budgeting- Different types of Budgeting, Budgetary Control, Responsibility Accounting, Social Accounting, Different types of Deficits- Budgetary, Fiscal & Revenue Deficit.

    Table of Content:- Budgeting- Different types of Budgeting Budgetary Control Responsibility Accounting Social Accounting Different types of Deficits- Budgetary Fiscal Revenue Deficit   Budgeting is the process of estimating the availability of resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of … Read more

Haryana Public Finance and fiscal Policy

Haryana Public Finance and fiscal Policy FISCAL POLICY Fiscal Policy is prepared by Government and consists of various expenditures and revenues. Fiscal policy deals with the revenue and expenditure decisions of the government. The government fiscal policy is used to stabilize the level of output and employment through changes in its expenditure and taxes. The … Read more

Inflation & Control Mechanism

inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively … Read more

Rajasthan: Economics and Finance

Rajasthan Mineral Policy  2015 Rajasthan may put about 400 small size mining leases of minerals like granite,marble and quartz under the hammer in 2015 as it looks to expand its area under mining as well as increase revenue. 9% of total mineral production in the country, is also exploring joint ventures (JV) with multi national companies (MNCs) to … Read more

Tax Reforms in India, Direct & Indirect Tax Reforms. Subsidies- Cash Transfer of Subsidy Issue.

Sience 1990 ie the liberalization of Indian economy saw the beginning of Taxation reforms in the nation. The taxation system in the nation has been subjected to consistent and comprehensive reform. Following factors arise the need for tax reforms in India:- Tax resources must be maximized for increased social sector investment in the economy. International competitiveness … Read more