Economy Booster

 Social Welfare Programmes of India Social Welfare sector is responsible for the welfare, rehabilitation and development of the Persons with Disabilities, the Social Deviants, and the Other Disadvantaged who require special attention of the State because of the disabilities and vulnerabilities they suffer from. While there is no information about the size of … Read more

 INTRODUCTION Among several features of globalization, one relates to increasing interactions among nations and removal of barriers to facilitate movement of goods, capital, labour and technology. It is a process that renders various activities and aspiration worldwide in scope or application. As a part of this process of increasing integration of the world, … Read more

 ADMINISTERED PRICES INCLUDING MSP AND PROCUREMENT PRICES Historical context The emergence of agricultural Price Policy in India was in the backdrop of food scarcity and price fluctuations provoked by drought, floods and international prices for exports and imports. This policy in general was directed towards ensuring reasonable food prices for consumers by providing food … Read more

 Insufficient Financial Resources and Deficiency Of Capital   The financial sector and its role in the process of economic development has attracted notable attention since the early 1990s. In particular, the crucial need for a stable banking system was highlighted in the wake of the Asian financial crisis … Read more

 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 … Read more

   Age structure, sex ratio and Rural-Urban composition of India   Rural-Urban Composition:   For the first time since Independence, the absolute increase in population is more in urban areas that in rural areas Rural Population in India: 68.84% Urban Population in India: 31.16% Level of urbanization increased from 27.81% in 2001 Census to … Read more

Growth and trade – volume, composition and direction of exports and imports The composition of commodities in India’s international trade has been undergoing a change over the years. The share of agriculture and allied products has declined, whereas, shares of petroleum and crude products and other commodities have increased. The shares of ore minerals and … Read more

 State finances The constitution (73rd and 74th) Amendment Acts, 1992 and Article 280 (3) (c) have altered the erstwhile fiscal devolution system and framework between the states and local governments. Under the new fiscal devolution system every state government is required to constitute, once in five years, a Finance Commission under articles 243 (I) … Read more

Problem of illiteracy in India and solutions According to the 2011 Census, any person aged seven and above and has the ability to read and write is considered literate. The average literacy rate in India stands at 74.04%. While Kerala has the highest literacy rate in India at 93.91%, Bihar has the least literacy rate … Read more

 PUBLIC/PRIVATE PARTNERSHIP IN HEALTH CARE SERVICES IN INDIA       It is widely accepted that the deficiencies in public sector health system can only be overcome by significant reforms. The need for reforms in India’s health sector has been emphasized by successive plan documents since the Eighth Five-Year Plan in 1992, by … Read more