Economy Booster

Pricing of public utilities and government policy Priority to public There are a number of principles which govern the pricing of public utility services. There are public utilities like education, sewage, roads, etc. which may be supplied free to the public and their costs should be covered through general taxation. Dalton calls it the general … Read more

 Structural changes in the Indian Economy Change in composition of domestic product or change in national income by industry of origin refers to change in relative significance (share) of different sectors of the economy. Generally, an economy is divided into three major sectors viz. primary, secondary and tertiary sectors. Primary sector includes agricultural … Read more

 India’s National Accounts It is emphasised that in view of the essentially de-centralized character of the Indian Statistical System, the continental size of the country with large diversities and federal character of polity, the Indian System of National Accounts to include regional accounts at the State level and below. The term National Accounts Statistics … Read more

 Gender Sensitization Gender sensitization presides over gender sensitivity, the modification of behavior by raising awareness of gender equality concerns. This can be achieved by conducting various sensitization campaigns, training centres, workshop, programs etc. Sensitization in the domain of Humanities and Social Sciences, is seen as an awareness informed propensity or disposition which aims … Read more

 : Steps taken by the Government to reduce it. Regional imbalance is the disparity in economic and social development of two regions. One region/city/area is stronger than another region/city/area. Regions develop when investments are made to set up industries, service sectors, educational institutions, health care facilities etc. Income inequality is the unequal distribution of household or individual income across the … Read more

 Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more

                 Infrastructure     1. The Government of India shall develop a new major port at Duggirajupatnam in the successor State of Andhra Pradesh to be completed in phases with Phase I by end-2018. 2. SAIL shall examine, within six months from the appointed day, the feasibility of establishing an integrated steel plant … Read more

 National Seed Policy The Seed Act, 1966, seed control order 1983 and New Policy on Seeds Development, 1988, from the basis of promotion and regulation of the Indian Seed Industry. The “New Seed Policy” of 1988 ushered in a new area of growth and phenomenal development. Because, it allowed limited import of commercial … Read more

 Cottage and Village industries in India problems and prospects Cottage Industry is a form of small scale industry where the productivity of the good£ takes place in the houses of the workers, and the workforce include the members of the family. The equipment’s used to generate products are not the hi-tech ones but … Read more

 Development of Industries:- Industrial Development in India during the British Rule:- 1. Subject Matter of Industrial Development 2. Early Efforts of Industrialization 3. Industries in the Inter-War Period (1919-38) 4. Industries during 1939-47 5. Reasons for Low Industrial Development in India.   Subject Matter of Industrial Development: Underdeveloped countries are greatly handicapped by shortage of capital … Read more