APSC Prelims and Mains Notes, APSC Test Series
IMPACT OF NEW ECONOMIC POLICY India’s post-independence development strategy showed all the signs of stagnation, but the economy started showing the sign of recovery in the early nineties when the government adopted the new economic model known as Liberalization, Privatization and Globalization (LPG) to meet a grave economic crisis; characterized by unprecedented adverse … Read more
Urban Indian economy after 1858 During this period, the Indian economy essentially remained stagnant, growing at the same rate (1.2%) as the population. India also experienced deindustrialization during this period. Compared to the Mughal era, India during the British colonial era had a lower per-capita income, a large decline in the secondary sector, … Read more
Benami transactions refer to those transactions in which the real beneficiary of the transaction and the person in whose name the transaction is made are different, specifically transactions relating to properties. The property is held by one person while the payment for purchasing the property is made by another. Effect on economy: Loss of … Read more
Indian economy has some inherent vulnerabilities and that is becoming hurdle in holistic development of the economy. These areas are as follows: Investment rate is Subscribe on YouTube on decline. It is near about 29%. It has to be 36-38% for sustaining high growth rate as per economic survey. Investment is way better than savings … Read more
SFIO stands for serious frauds investigation office. It is a investigation agency which is under the jurisdiction of ministry of corporate affairs. The mandate of SFIO is as under: The SFIO is involved in major fraud probes and is the co-ordinating agency with the Income Tax Department and the Central Bureau of Investigation. It is … Read more
Market Economy and its social consequences In primitive societies the usual system of exchanging goods vas barter system. At that time the idea of profit did not exist, ‘people accumulated goods not for making profit during the days of scarcity but to gain prestige. The system of trading often consisted if giving and … Read more
Although the Rig Veda deals with devotional work of religious nature, yet it gives a vivid picture of the early Vedic civilization. The Vedic Civilization is best understood from the social life, political organisation, economic life and religious beliefs. The Kula or family was the basic unit of Rig-Vedic society. The Kula was headed by … Read more
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 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 … Read more
here are the books, articles and notes for following topics Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Subscribe on YouTube style=”font-size: 14pt;”>Inclusive growth and issues arising from it. Government Budgeting. Effects of liberalization on the economy,changes in industrial policy and their effects on industrial growth. Infrastructure: Energy, Ports, … Read more