APSC Prelims and Mains Notes, APSC Test Series
Market Economy A market economy is a system where the laws of supply and demand direct the production of goods and services. Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government. Businesses sell their wares at the highest price consumers will pay. At the same time, shoppers look for the lowest prices … Read more
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
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
Highlights of current year’s union budget and its analysis Highlights of the budget,2019 Income up to Rs 5 lakh exempted from income tax Standard deduction raised to Rs 50,000 from Rs 40,000 Direct tax proposals to provide Rs 23,000 cr relief to 3 crore taxpayers Persons with gross income up to Rs 6.50 lakh not … Read more
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
Social Welfare Programmes of India Social Welfare sector is responsible for the welfare, rehabilitation and development of the Persons with Disabilities, the Social Deviants, and the Other Disadvantaged who require special attention of the State because of the disabilities and vulnerabilities they suffer from. While there is no information about the size of … Read more
Infrastructure 1. The Government of India shall develop a new major port at Duggirajupatnam in the successor State of Andhra Pradesh to be completed in phases with Phase I by end-2018. 2. SAIL shall examine, within six months from the appointed day, the feasibility of establishing an integrated steel plant … Read more
National Watershed Development Programme National Watershed Development Programme for Rain fed Areas (NWDPRA) is a programme subsumed under Macro Management of Agriculture (MMA) Scheme of Department of Agriculture & Cooperation which has been amended for the XI Five Year Plan. The guidelines of the revised MMA are also applicable from the financial year 2008-09. The … Read more
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
National Seed Policy The Seed Act, 1966, seed control order 1983 and New Policy on Seeds Development, 1988, from the basis of promotion and regulation of the Indian Seed Industry. The “New Seed Policy” of 1988 ushered in a new area of growth and phenomenal development. Because, it allowed limited import of commercial … Read more