Addressing Poverty in India/Poverty Eradication Schemes Mahatma Gandhi Rural Guarantee Employment Act (MGNREGA) The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) with its legal framework and rights-based approach was notified on September 5, 2005, and came into force with effect from 2nd February 2006. It aims at enhancing livelihood security by providing at least… Continue reading Addressing Poverty in India/Poverty Eradication Schemes

Trickle Down Approach to Poverty Back to Basics: The Theory It is often said that a rising tide lifts all boats. Experience tells us that the same is not necessarily true of a growing economy. In both developed and developing economies, the benefits of growth are seldom evenly distributed. The proponents of trickle-down economics, argues… Continue reading Poverty in India: Trickle Down Approach, Inclusive Growth and Multi- Dimensional Poverty Index

Poverty Lines in India The poverty line defines a threshold income. Households earning below this threshold are considered poor. Different countries have different methods of defining the threshold income depending on local socio-economic needs. Poverty is measured based on consumer expenditure surveys of the National Sample Survey Organisation. A poor household is defined as one… Continue reading Poverty Lines in India: Estimations and Committees

Poverty in India People living in poverty are often socially excluded and marginalized. Their right to effectively participate in public affairs is frequently ignored, and thus elimination of poverty is much more than a humanitarian issue, as it is more of a human rights issue. Thus, eradication of poverty and hunger is the basis of… Continue reading Poverty in India: Types of Poverty, Causes of Poverty, Vicious Circle of Poverty

Monetary Economics: Barter System, Definition, Function and Evolution of Money Central Banking in India: Functions of RBI Monetary Policy in India: Inflation, deflation, Recessionary and Inflationary Scenarios Monetary Policy tools and Money Supply in India Monetary Policy Agreement in India  

India’s Balance of Payments: Current Account, Capital Account, Goods and Services Account India’s BOP Performance: Balance of Payment versus Balance of Trade, Current Account versus Capital Account FDI and FPI in India, External Commercial Borrowings, Foreign Exchange Reserves in India Foreign Exchange Rate Determination in India and Types of Exchange Rate Capital and Current Account… Continue reading Indian Economy (Issues Relating to India’s External Sector)

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Attempt the questions individually by clicking on them. Q.1) There are formidable social, economic and environmental reasons which cry out against GM mustard. In the light of the above statement critically discuss the pros and cons of GM mustard. Source: https://www.civilsdaily.com/gm-mustard-debate/ Genetically modified organisms (GMO) can be defined as organisms (i.e. plants, animals or microorganisms)… Continue reading 24 Sep 2017 | Target Mains | 5th Weekly Test with official answers