Category Archives: Economy

National Food Security Act,2013

About the National Food Security Act, 2013: Also called as the Right to Food act, this act aims to provide subsidized food grains to approximately two thirds of India’s 1.2 billion people. It extends to the whole of India. Salient … Continue reading

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UDAY – Ujwal Discome Assurance Yojana

UDAY is an effort to make these DISCOMs financially and operationally healthy, to be able to supply adequate power at affordable rates, and enable the Governments to make efforts towards 100% Village electrification and 24X7 Power For All. UDAY Scheme … Continue reading

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Distribution of non tax revenues :

Distribution of non tax revenues : Receipt from the following form the major source of non tax revenue for the centre: i) Railways ii) Bankings iii) Post and telegraphs iv) Broadcasting v) Coinage and currency vi) CPSUs vii) Escheat and … Continue reading

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Links of Useful Articles for UPSC

http://www.livemint.com/Opinion/jRY45O4sft1K90dIlZ8IrO/Maintaining-the-emerging-economy-growth-engine.html Indian Carbon Strategy – http://www.livemint.com/Opinion/JkUMGPqsqcFnsGN5ewONwJ/Indias-carbon-strategy-to-counter-climate-change.html Start up india  — http://www.livemint.com/Opinion/BoUHOtEr6kKsCy3InQZJ0N/Joh-Chambers–Why-a-startup-culture-will-drive-Indias-dig.html Railways – http://www.livemint.com/Opinion/fjIFQfc69zbgdmSNPP9BoL/Cleaning-up-Indias-economic-lifeline.html Indias water crisis – http://www.livemint.com/Opinion/7ReFsguPlvtuHzi5VSriGO/Indias-water-crisis-is-set-to-worsen.html Why Poverty reduced in India?http://www.livemint.com/Opinion/LJUCvKd6XIfaTjZ4jHqMMP/Can-gains-in-the-poverty-battle-be-sustained.html Regulators in India http://www.epw.in/journal/2016/13/commentary/regulating-regulators.html Agriculture – http://www.livemint.com/Opinion/RxfHRPfI6frit62U8qXv8M/Rebooting-Indias-agricultural-policy.html?google_editors_picks=true

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Indian Economy excerpts

Tax buoyancy indicates the responsiveness of tax revenue growth with GDP growth rate. It shows how tax revenue changes in response to a given change in GDP. Tax elasticity is tax revenue change in response to a change in tax … Continue reading

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National Industrial Corridor Authority

To coordinate the development efforts of Industrial Corridors across the country Background: Finance Minister Jaitly announced the establishment of NICA in 20015-15 Budget speech Features: Initial corpus fund of 100 crores To Bring the all the industrial corridors under the … Continue reading

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Pharmacy of the world under threat – Issues with Intellectual Property Rights

India is considered “Pharmacy of the world” due to its affordable generic drugs to middle and low income countries saving millions of life worldwide. Why it is called Pharmacy of the world? 50% of its $10 Billion annual generic medicine … Continue reading

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