POVERTY

 

  • Following elements mainly affect the magnitude of the poverty ration
    • The nutrition norm in the base year
    • Price deflator used to update the poverty line
    • Pro rata adjustment in the number of households in different expenditure classes to determine the number of households below and above poverty line.
  • Agricultural wage earners, small and marginal farmers and casual workers engaged in non-agricultural activities constitute the bulk of the rural poor

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Food Security & Public Distribution System(PDS)- For RAS RTS Exam

WHO Defines Food security to exists when all people, at all times, have physical, social and economic access to sufficient, safe and nutritious food which meets their dietary needs and food preferences for an active and healthy life. Food security has three interlinked contents such as :- Availability of food, Access to food and absorption of food. Food … Read more Food Security & Public Distribution System(PDS)- For RAS RTS Exam

Impacts of Globalisation:-

Definition of Globalization :- Its a process(not an outcome) characterized by increasing global Interconnections by gradual removal of barriers to trade and investment between nation and higher economic efficiency through competitiveness. Various economic, political, social and cultural effects of globalization are as follows:- Breaking down of national economic barriers International spread of Trade, Financial and … Read more Impacts of Globalisation:-

Rajasthan: Economics and Finance

Rajasthan Mineral Policy  2015 Rajasthan may put about 400 small size mining leases of minerals like granite,marble and quartz under the hammer in 2015 as it looks to expand its area under mining as well as increase revenue. 9% of total mineral production in the country, is also exploring joint ventures (JV) with multi national companies (MNCs) to … Read more Rajasthan: Economics and Finance

An Introduction to Goa Economy

An Introduction to Goa Economy Goa is located in the western region of India. The state shares its borders with the Arabian Sea to the west, Maharashtra to the north and Karnataka to the south and the east. Due to its scenic beauty, cultural diversity and architectural splendor of its temples churches and monuments it … Read more An Introduction to Goa Economy

20.01.18 Goa(GoaPSC) Current Affairs

GOA Mahadayi: Goa files argument challenging water diversion   Goa filed a brief summary of arguments of their senior counsel, before the Mahadayi Water Disputes Tribunal in New Delhi, challenging the proposed 12 projects by Karnataka in the Western Ghats, besides the trans-basin diversion of Mahadayi waters into Malaprabha reservoir.   Meanwhile, sources in an umbrella organisation … Read more 20.01.18 Goa(GoaPSC) Current Affairs

Indian Economy in global Scenario

  The global macroeconomic landscape is currently chartering a rough and uncertain terrain characterized by weak growth of world output. The situation has been exacerbated by; (i) declining prices of a number of commodities, with reduction in crude oil prices being the most visible of them, (ii) turbulent fnancial markets (more so equity markets), and … Read more Indian Economy in global Scenario

Inflation & Control Mechanism

inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively … Read more Inflation & Control Mechanism

Evolution of Indian Constitution

  Although the systems of ancient India do have their reflections in the Constitutions of India, the direct sources of the Constitution lie in the administrative and legislative developments of the British period.   Regulating Act of 1773 This Act was based on the report of a committee headed by the British Prime Minister Lord … Read more Evolution of Indian Constitution

Concept of Money Supply and High Powered Money

Money supply is the entire stock of currency and other liquid instruments in a country’s economy as of a particular time. The money supply can include cash, coins and balances held in checking and savings accounts. Money Supply can be estimated as narrow or broad money. There are four measures of money supply in India … Read more Concept of Money Supply and High Powered Money

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