Economy Booster

   MONETARY POLICY TOOL:   There are several direct and indirect instruments that are used for implementing monetary policy. Repo Rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks against the collateral of government and other approved securities under the liquidity adjustment facility (LAF). Reverse Repo Rate: … Read more Tools Of Monetary Policy

 Current trends and challenges in the Indian Economy Good news is underway for India as its economy is poised to win back its tag of the fastest growing economy in the world. The recent upgrade of India’s rating by the US based credit rating agency Moody’s (Baa2 from Baa3) in recognition of the … Read more Current Trends And Challenges In The Indian Economy

 Decentralization:Top down planning and bottom up planning Decentralised planning is a kind of percolation of planning activities or process from the Centre to the sub- state levels, i.e., district, sub-division, block and village level. Since the inception of First Plan, the importance of decentralised planning was emphasised in order to achieve active people’s … Read more Decentralization Bottom Up And Up Botom

 Alternative policy initiatives in agricultural marketing More than three-fifths of India’s population draws their livelihood from agriculture that adds just one-fifth to its GDP. There should be obvious serious concerns about efficient functioning of this sector both in terms of its output / productivity and its marketing. While output and productivity are supply … Read more Alternative Policy Initiatives In Agricultural Marketing

 Institutions of developmental finance A Development Financial institution (DFI) is defined as “an institution endorsed or supported by Government of india primarily to provide development/Project finance to one or more sectors or sub-sectors of the economy. the institution differentiates itself by a thoughtful balance between commercial norms of operation, as adopted by any … Read more Institutions Of Developmental Finance

   Smart Cities The Government of India has launched the Smart Cities Mission on 25 June 2015. The objective is to promote sustainable and inclusive cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment and application of ‘Smart’ Solutions. The … Read more Smart Cities

 RAS MAINS REVISION: Part III Auditing and Accounting     Social Audit: It is a tool through which government department can plan, manage and measure non-financial activities and monitor both internal and external consequences of the department social and commercial operation. OR Social Audit is an independent evaluation of the performance of an … Read more Social Audit

 SEZ The SEZ Corridor is an emerging corridor implementing a number of Special Economic Zones (SEZs) along the Grand Southern Trunk Road (NH 45) in Chennai. Started with the establishment of the Madras Export Processing Zone in 1984 (converted to a SEZ in 2003), the SEZ corridor currently has 5 operational SEZs and over … Read more SEZs And Industrial Corridors Of India

MNREGA and community power structure Several rural development programmes were initiated in India during 1950s and 1960s. These programmes, popularly known as community development programmes, regarded rural people as beneficiaries but not participants in the development process. They were centrally designed and were implemented by extension agents using a top-down mode of decision-making. Those agents … Read more MNREGA and community power structure

 Non-banking financial institutions and their reforms in them since 1990s A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds hire-purchase insurance business or chit business but does not include any institution whose … Read more Non Banking Financial Institutions