Economy

. Foreign Direct Investment in organized retail is yet another area shrouded in controversy.  What is organized retail? Let us define retail first, it is household requirement of the people  comprising of food and grocery, clothing, convenience, consumer goods, etc. Secondly,  organized retailing is selling of these household commonly used goods to the people  directly, … Read more

The significant openness which started becoming visible in the nineties intensified from  2000 onwards with a sharp focus given through the FTP has resulted in a reversal of the  declining trend in global trade. However, the growth of the Indian economy in recent  times has outpaced the trade growth or that trade growth has lagged … Read more

The National IPR Policy is a vision document that aims to create and exploit synergies  between all forms of intellectual property (IP), concerned statutes and agencies. It sets in  place an institutional mechanism for implementation, monitoring and review. Subscribe on YouTube Mission Statement Join Our Telegram Channel Stimulate a dynamic, vibrant and balanced intellectual property … Read more

The Make in India initiative has been built on layers of collaborative effort of DIPP,  acting as a backbone with Union Ministers, Secretaries to the Government of India, state  governments, industry leaders, and various knowledge partners to debate and formulate an  action plan for the next three years, aimed at raising the contribution of the … Read more

In recent times, there has been an increased preference of mutual fund companies as well  as insurance companies to combine the investments in stock markets with life insurance  plans, known as ULIPs. This need has arisen as there is very low penetration of life  insurance in India or lack of awareness of the need for … Read more

All such issuances in terms of quantum to be raised, pricing is left to the company,  however, regulated by the Securities Exchange Board of India (SEBI) which has the  following objectives: Join Our Telegram Channel To ensure that all companies accessing the primary market are making complete disclosures about their company and their functioning. Pricing … Read more

The Gold Monetization Scheme is a welcome step initiated by the Government of India to  unlock the unused and idle gold lying in households and institutions and bring them into  mainstream and release the capital locked in for use in the economy for its development.  The key objectives of this scheme are stated as under: … Read more

RBI thus has certain quantitative and qualitative tools through which it manages  liquidity and they are as follows: Cash Reserve Ratio (CRR) Join Our Telegram Channel Every bank has to retain a certain percentage of its  demands and time liabilities in cash with the RBI which can be raised by the RBI to  drain out … Read more

Zero-Based Budgeting – ZBB This is a method of budgeting in which all expenses must be justified for each financial  year. The process of this budgeting starts from a “zero base,” on every financial year. Every  function within the ministry or department is analyzed for its needs and costs. Budget  allocations are then made according … Read more

The government does not perform any business so it cannot earn money to spend. Hence,  the government has to raise the money from the economy to enable it to spend that  money in terms of requirements and national priorities. The government raises money  primarily through ‘taxes’ and the spending known as ‘public expenditure’. A policy … Read more