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Month: September 2017

Concept of e-Governance and its advantages

In the arena of advanced technology, e-government has distinct place and it facilitates to huge number of customers to perform their task speedily. As the Internet supported digital communities grow, they present the national governments with numerous challenges and opportunities. e-Governance which also known as electronic governance is basically the application of Information and Communications… Continue reading Concept of e-Governance and its advantages

Monetary Policy Agreement in India

Monetary Policy Agreement What is Monetary Policy Agreement? In 2015 The Government of India and Reserve Bank of India signed a Monetary Policy Framework Agreement. The new monetary policy framework was formed following the recommendations of a committee headed by RBI Deputy Governor Urjit Patel. The objective of monetary policy framework is to primarily maintain… Continue reading Monetary Policy Agreement in India

Monetary Policy in India: Inflation, deflation, Recessionary and Inflationary Scenarios

How Monetary Policy Works The Inflation  The Deflation How RBI Controls Recession The Recessionary Scenario The Relationship between Interest Rate and Bond Prices. The Bond Price and Interest Rate always have an inverse relationship with each other. How RBI Controls Inflation The Inflationary Scenario   By Himanshu Arora Doctoral Scholar in Economics & Senior Research… Continue reading Monetary Policy in India: Inflation, deflation, Recessionary and Inflationary Scenarios

Citizen’s Charter: Importance, Objective, Features, Problems faced in implementation, Guidelines

In any nation, there is a need of good governance for sustainable development, both economic and social. The three major aspects highlighted in good governance are transparency, accountability and responsiveness of the administration. What is Citizen’s Charter? Citizens’ Charters initiative is a response to the mission for solving the problems which a citizen meets, day… Continue reading Citizen’s Charter: Importance, Objective, Features, Problems faced in implementation, Guidelines

The Cost of Inflation

The Cost of Inflation The inflation is considered to be bad for an economy mainly because it destroys the purchasing power of the money. When Price rise, each Rupee that you had will but less quantity of goods and services. Therefore, inflation destroys the real income of the people and makes them worse off. The… Continue reading The Cost of Inflation

Types of Inflation: Demand Pull, Cost Push, Stagflation, Structural Inflation, Deflation and Disinflation

This is a key topic for UPSC aspirants, as understanding the types of inflation in India is essential for economics and current affairs sections. Types of Inflation In India In India, inflation can be classified into the following types: Demand-Pull Inflation: This happens when there’s excessive demand for goods and services, often due to increased… Continue reading Types of Inflation: Demand Pull, Cost Push, Stagflation, Structural Inflation, Deflation and Disinflation

Salient features of the Representation of People’s Act

Prominent features of the Representation of People’s Act Qualifications for MPs & MLAs mentioned in RPA, 1951, Election notification and disqualification for voting Procedure of registration of political parties with election commission Process of election to Parliament, State Legislatures in India Administrative machinery for the conduct of elections Model Code of Conduct: Evolution, Enforcement, Effects,… Continue reading Salient features of the Representation of People’s Act

Model Code of Conduct: Evolution, Enforcement, Effects, Legal Status

Free and fair elections form the bedrock of democracy. This envisages a level playing field for the contestants and an equal opportunity for all parties for presenting their policies and programmes to voters. In this context, the Model Code of Conduct (MCC) gains relevance. The need for MCC is felt for the following reasons: to… Continue reading Model Code of Conduct: Evolution, Enforcement, Effects, Legal Status

Procedure of registration of political parties with Election Commission

Any association or body of individual citizens of India calling itself a political party should make an application to the Election Commission for its registration as a political party. Every such application, duly signed by the Chief Executive Officer of the association or body (Secretary or any other designation) must be presented to the Secretary… Continue reading Procedure of registration of political parties with Election Commission

Qualifications for MPs & MLAs mentioned in RPA, 1951, Election notification and disqualification for voting

Chapter-I and Chapter-II of Part II of RPA, 1951 provides for qualifications for Members of Parliament (MPs) and Members of State Legislature (MLAs), which can be discussed under following heads: Qualifications for Membership of Parliament Qualification for membership of the Council of States (section 3 of RPA, 1951) A person has to be an elector… Continue reading Qualifications for MPs & MLAs mentioned in RPA, 1951, Election notification and disqualification for voting

Statutory, Regulatory & various Quasi-judicial bodies

Statutory Bodies: Establishment, Functions, Examples Regulatory Bodies: Establishment, Functions, Examples Quasi-Judicial Bodies: Establishment, Functions Quasi-judicial Action vs. Administrative Action, Important Quasi-Judicial bodies Tribunals: Establishment, Evolution, Characteristics, Categories National Consumer Disputes Redressal Commission: Establishment, Powers Lok Adalats: Origin, Evolution, Jurisdiction, Powers National Human Rights Commission of India: Establishment, Composition, Functions Central Vigilance Commission (CVC): Purpose, Functions Central… Continue reading Statutory, Regulatory & various Quasi-judicial bodies

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