Economy Booster

 planning and capacity building in Panchayati raj system Panchayati Raj Institutions (PRIs) are rural local governments entrusted with the responsibilities to prepare plan and implement schemes for economic development and social justice in rural India. A number of Centrally Sponsored Schemes (CSS) assign important role to PRIs. In addition, PRIs are also involved … Read more

 International Credit Ratings A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. The credit rating represents an evaluation of a credit … Read more

 Indian Industry : An introduction Industry accounts for 26% of GDP and employs 22% of the total workforce. According to the World Bank, India’s industrial manufacturing GDP output in 2015 was 6th largest in the world on current US dollar basis ($559 billion), and 9th largest on inflation-adjusted constant 2005 US dollar basis … 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

 Join Our Telegram Channel Objectives: Subscribe on YouTube To create high quality world class infrastructure facilities in the State and enhance connectivity to the National Capital Region (NCR) and other leading markets. To provide single window facilitation in the State to expedite project clearances and provide an investor friendly climate. To provide and … Read more

 Utilization of public fund Intergovernmental transfers from the centre to the states takes place through three channels: statutory and other transfers mandated by the Finance Commission, formula-based transfers for State Plan Schemes through the Planning Commission, and other discretionary transfers by the Planning Commission/ various central Ministries. The entire tax sharing is a … Read more

Subscribe on YouTube  Development Process various groups and associations,donors, charities, institutional and other stakeholders Voluntary sector in development Voluntary Organizations play a vital role in the shaping and implementation of participatory democracy. Their credibility lies in the responsible and constructive role they play in society. They have been contributing immensely for quite sometime … Read more

 Join Our Telegram Channel Basic characteristics of Indian Economy as a developing economy Subscribe on YouTube Low per capita income:   In India, the national income and per capita income is very low and it is considered as one of the basic features of underdevelopment. As per World Bank estimates, the per capita … Read more

 National Educational Research and Training Council The National Council of Educational Research and Training (NCERT) is an autonomous organisation of the Government of India which was established on 1 September 1961 as a literary, scientific and charitable Society under the Societies’ Registration Act (Act XXI of 1860). Its headquarters are located at Sri … Read more

 Subscribe on YouTube Reforms and prospects of cooperative movement in Maharashtra India is a union of States. Co-operation is a State subject, i.e. falling within the scope of State legislation. Each State has its Co-operative Societies’ Act, as Maharashtra State Co-operative Societies Act, 1961, regulating the working of the co-operative movement in Maharashtra. … Read more