Mains Booster-Pricing of public utilities and government policy

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 Mains Booster-Pricing of public utilities and government policy

International Credit Ratings

 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 International Credit Ratings

Economic Development Since Independence Objectives And Achievements Of Planning

 Economic development since independence objectives and achievements of planning Objectives of Planning Economic Growth and Development Every five-year plan had a growth target that had to be achieved by the end of the planning period. In order to bring about an improvement in standard of living of the people, the per capita income … Read more Economic Development Since Independence Objectives And Achievements Of Planning

Source Of Income

 Sources of Income of Central Government As we all know that India is a democratic country and the main aim of the government here is to increase the welfare of the people not the profit of the government. To increase the welfare of the people the Government of India has to start welfare … Read more Source Of Income

Institutions Of Developmental Finance

 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

Role Of Institutions In Promotion Of Education

 Role of Various Institutions (Central, State and Other Organizations) in Promotion of Education   Education is one of the important tasks undertaken by the present modem Governments. In 1921, the department of education came under the control of Indian Minister. Between 1921-1940, there was rapid expansion of educational institutions and enrolment of students. … Read more Role Of Institutions In Promotion Of Education

Mains Booster-Issues of finance, ownership, operation and maintenance of all kinds of infrastructure

Issues of finance, ownership, operation and maintenance of all kinds of infrastructure Issues of finance For quite some time, the decline in asset quality under infrastructure financing has been a key area of concern for the banking sector in general and the Public Sector Banks in particular. Accordingly, several regulatory measures to de-stress the balance … Read more Mains Booster-Issues of finance, ownership, operation and maintenance of all kinds of infrastructure

Pattern Of Revenue Expenditure

 In India, government expenditure – as per the provision in the Constitution – is divided into revenue expenditure and capital expenditure. However, the adoption of economic planning shifted emphasize on the division of expenditure into Plan and Non-Plan. The share of Non-Plan expenditure has remained close to 70% and that of Plan at 30% … Read more Pattern Of Revenue Expenditure

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 and allied activities, secondary sector includes manufacturing … Read more Structural Changes In The Indian Economy