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22nd September
Measures of Economic Development: Human Development Index, Green GDP, Gross National Happiness Index
Measures of Economic Development Green GDP Green GDP is a term used for expressing GDP after adjusting for environment degradations. Green GDP is an attempt to measure the growth of an economy by subtracting the costs of environmental damages and ecological degradations from the GDP The concept was first initiated through a System of National… Continue reading Measures of Economic Development: Human Development Index, Green GDP, Gross National Happiness Index
Economic Growth versus Economic Development
Real versus Nominal GDP Nominal GDP is the money value of all the goods and services produced in a year. Nominal GDP is calculated at the current market prices. However, Nominal GDP does not truly indicate the real performance of the economy as the prices changes over time. Back to Basics: Suppose, India as a… Continue reading Economic Growth versus Economic Development
Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes, mechanisms, laws, institutions and bodies constituted for the protection and betterment of these vulnerable sections
Backward Classes: Definition and present living conditions Laws for the development and betterment of vulnerable sections Lawful Provisions for Women, Children and Aged in Constitution of India Constitutional Provisions for Socially & Educationally Backward Classes (OBCs), Safeguards relating to Educational & Public Employment Constitutional Provisions relevant to Social Justice & Empowerment of Vulnerable sections Statutory Provisions for Vulnerable… Continue reading Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes, mechanisms, laws, institutions and bodies constituted for the protection and betterment of these vulnerable sections
Family Participatory Care: Key facts, Need
Ministry of Health and Family Welfare has released Operational Guidelines for Planning and Implementation of Family Participatory Care (FPC) for improving newborn health. The new guidelines have been released by the government for improving health of babies in special units across the country. Key facts The guidelines will serve as a guiding document for those… Continue reading Family Participatory Care: Key facts, Need
Economic Growth in India: National Income Determination, GDP, GNP, NDP, NNP, Personal Income
National Income Accounting in India National income of a country can be defined as the total market value of goods and services produced in the economy in a year. The three-important measure of calculating National Income of a country are: The sum of the value of all final goods and services produced. The sum of… Continue reading Economic Growth in India: National Income Determination, GDP, GNP, NDP, NNP, Personal Income
Statutory Provisions for Vulnerable Sections
The Protection of Civil Rights (PCR) Act, 1955: For SC. The Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1989: For SC and ST. The National Commission for Backward Classes Act, 1993: For Backward Classes. Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995. National Trust for Welfare of… Continue reading Statutory Provisions for Vulnerable Sections
Constitutional Provisions relevant to Social Justice & Empowerment of Vulnerable sections
Constitutional Provisions Article 23: Prohibition of traffic in human beings and forced labour. Article 24: Prohibition of employment of children in factories, etc. Article 37: Application of the principles contained in this Part (DPSP). Article 38: State to secure a social order for the promotion of welfare of the people. Article 39: Certain principles of… Continue reading Constitutional Provisions relevant to Social Justice & Empowerment of Vulnerable sections
Jobless Growth in India: Reasons and Consequences
Jobless Growth in India: Reasons and Consequences The Consequences of Jobless Growth in India
Unemployment in India: Causes and Consequences
Unemployment in India: Causes Consequences of Unemployment.
Unemployment in India: Types, Causes and Measures
Unemployment in India Back to Basics. What is Unemployment? Unemployment is a phenomenon that occurs when a person who is capable of working and is actively searching for the work is unable to find work. People who are either unfit for work due to physical reason or do not want to work are excluded from… Continue reading Unemployment in India: Types, Causes and Measures
Constitutional Provisions for Socially & Educationally Backward Classes (OBCs), Safeguards relating to Educational & Public Employment
The constitution does not describe the term backward classes. It is up to the centre and the states to postulate the classes that belong to this group. However, it is understood that classes that are not represented adequately in the services of the state can be termed, backward classes. Further, the President can, under Art.… Continue reading Constitutional Provisions for Socially & Educationally Backward Classes (OBCs), Safeguards relating to Educational & Public Employment
Lawful Provisions for Women, Children and Aged in Constitution of India
Constitutional Provisions for Women There are numerous legal provisions to enhance the status of women which is a more susceptible group in Indian society. Art. 15(3): It permits the state to make special provisions for women and children. Several acts such as Dowry Prevention Act have been passed including the most recent one of Protection… Continue reading Lawful Provisions for Women, Children and Aged in Constitution of India
Income Inequality in India: Causes, Remedies and Consequences
Analysis of Income Inequality in India In the recent years, India has joined the club of most unequal countries. Based on the new India Human Development Survey (IHDS), which provides data on income inequality for the first time, India scores a level of income equality lower than Russia, the United States, China and Brazil, and… Continue reading Income Inequality in India: Causes, Remedies and Consequences
Inequality in India: Definition and Measures; Lorenz Curve, Gini Coefficient, Income held by Top 10%
Inequality in India Back to Basics: Income Inequality Income inequality is the unequal distribution of household or individual income across the various participants in an economy. Income inequality is often presented as the percentage of income to a percentage of the population. The simplest way to understand inequality is by analysing the population by dividing… Continue reading Inequality in India: Definition and Measures; Lorenz Curve, Gini Coefficient, Income held by Top 10%
Laws for the development and betterment of vulnerable sections
Laws about vulnerable sections can be seen in two dimensions: Constitutional Statutory There are certain constitutional provisions which cover all vulnerable sections (common to all). Also, there are provisions which deal only with specific sections. Constitutional Provisions for the vulnerable section of SC/ST/OBC and minorities Art. 15(4): Clause 4 of article 15 is the fountainhead… Continue reading Laws for the development and betterment of vulnerable sections
International Economic Institutions and India
International Economic Institution’s: The Breton Woods Twins- World Bank and IMF International Economic Institution’s: ADB, BRICS Bank, AIIB Bilateral, Regional and Global Groupings and Agreements involving India The World Trade Organisation (WTO) and India
The World Trade Organisation (WTO) and India
The World Trade Organisation (WTO) A Brief History The Shortcomings of GATT As a result of these shortcoming’s the WTO was established as an international organization that will oversee the operation of rule based multilateral trading system. The WTO is based on series of trade agreements negotiated during the Uruguay Round (1986-1994). The Marrakesh treaty… Continue reading The World Trade Organisation (WTO) and India
Bilateral, Regional and Global Groupings and Agreements involving India
India’s Regional Trading Agreements Indian trade policy has made an important shift in the year 1991, when we have gone for globalisation, trade liberalisation and other market reforms. Thus year 1991, stands as a benchmark year for India’s trade policy. The next big event in World trade is setting of WTO in 1995, the successor… Continue reading Bilateral, Regional and Global Groupings and Agreements involving India
International Economic Institution’s: ADB, BRICS Bank, AIIB
Asian Development Bank The Asian Development Bank was conceived in the early 1960s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest region on the Earth. A resolution passed at the first Ministerial Conference on Asian Economic Cooperation held by the United Nations… Continue reading International Economic Institution’s: ADB, BRICS Bank, AIIB
Backward Classes: Definition and present living conditions
Vulnerable groups Vulnerable groups are those groups of society which would be susceptible under any unfavourable situations such as where the adults are not capable to provide a satisfactory living for the household due to health issues like disability, illness, age or some other characteristic, and groups whose resource endowment is poor to provide sufficient… Continue reading Backward Classes: Definition and present living conditions
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