A Municipal Bond is a debt instrument issued by municipal corporations or associated bodies in India to finance socio-economic development projects. Nine Indian cities have issued Municipal Bonds so far.
Uttar Pradesh Government has launched One District One Product scheme, ODOP. This scheme would give a boost to the MSME in UP. Know all about the scheme, UP's famous traditional products, financial assistance in the scheme, its significance and more here
The duration of the first five-year plan was 1951 to 1956. The main target of the first five-year plan was Agricultural development of the country. This plan was based on the Harrod-Domar model. Before the liberalisation, India had launched 7 five year plans.
Fiscal deficit, Revenue receipts, revised estimates in budget and revenue budget are some important terms used in the Union budget every year. But many people don't understand the meaning of these tough words. In this article we have explained these budget terminology.
Jargons are subject specific special words or vocabulory used by some subject professionals. These jargons are difficult for common peoples/students etc. So We picked some of the most important words to enhance your knowledge of Economics.
Tax payment is mandatory for every citizen of the country. There are two types of tax in india i.e. direct and indirect. Taxation in India is rooted from the period of Manu Smriti and Arthasastra. Present Indian tax system is based on this ancient tax system which was based on the theory of maximum social welfare.
Economics is a very crucial subject for all the completive exams like IAS/PCS/SSC/Banking etc. every completive exam ask some questions based on the terminology of economics. So to cater the objectives of the aspirants; Jagran josh is giving some important terms of economics.
Since independence India has been a 'Mixed Economy'. Indian economy is basically based in the contribution of service sector (currently provides 60% share of GDP) and near about 53% of its population is dependent on the Agriculture.
Jargons are subject specific words in all the subjects. So is the case with Indian Economy because it helps the students in understanding the meaning of articles/publications/reports etc. (if any student is unable to understand these economics word).
There are different types of indices created by the United Nations to measure the economical, social and educational development of the peoples of the whole world. These indices include Gender Inequality Index, Human Development Index, Multidimensional Poverty Index and the Technology Achievement Index.
The Human Development Index (HDI) is measured on the basis of Life Expectancy Index (Long and healthy life), Education Index (Knowledge) and Income Index (Standard of Living). It was created by Pakistani economist Mahbub-ul-Haq.
Five year plans are developed, executed and monitored by the NITI Ayog (Prime Minister is the ex-official Chairman). Till date 12 five year plans have been launched in India. The final approval to any five year plan is given by the National Development Council (NDC).