How is the election to Rajya Sabha conducted? Most of us know how elections are conducted in Lok Sabha. But What is the election procedure of the upper house, Rajya Sabha, also known as the Council of States? Read further to know. Procedures for Rajya Sabha elections are more complex when … [Read more...] about Election to Rajya Sabha: Know the procedure of electing a candidate to the upper house
Current Affairs Notes
Telangana and Andhra Pradesh : History and Politics
Telangana, as you all know, is the proposed 29th state of India. Telangana is a region in the state of Andhra Pradesh and is going to exist as separate state from 2 June 2014. It is very important to know the history of Telangana and the background of separate statehood demand. At a time of many … [Read more...] about Telangana and Andhra Pradesh : History and Politics
Interim Budget of India 2014 -15 Highlights and Analysis
We have already done two write-ups on government budgeting, covering (1) Basics of Government Budgeting and (2) Budget Documents. These two articles serve not only for this year, but for many more years, unless a substantial change happens in the budget presentation process. In this post, let's … [Read more...] about Interim Budget of India 2014 -15 Highlights and Analysis
Ten Steps For India To Be The Third Largest Economy by 2043
India is currently 9th largest economy as per our GDP (nominal) values . At present the largest economy is USA and the next big name is China. While presenting the Interim Budget 2014-15, the Union Finance Minister Shri P Chidambaram said that in the next three decades India will become the third … [Read more...] about Ten Steps For India To Be The Third Largest Economy by 2043
Quantitative Easing and Federal Tapering Explained
What is quantitative easing? What happens during quantitative easing? Read further to know more. Under our Background Digging Operation on the most highlighted economy terms in recent times, we have so far covered the following topics : (1) Sub-prime crisis, Fiscal Cliff, and Fiscal Drag. (2) US … [Read more...] about Quantitative Easing and Federal Tapering Explained
US Debt Ceiling Crisis and US Federal Government Shut down Explained
What is the debt ceiling? What are the solutions to the US debt ceiling crisis and US shutdown? The last article from ClearIAS.com discussed about Sub-prime crisis and Fiscal Cliff. Things didn't end there for the US economy. There were other problems to handle. The next two major categories … [Read more...] about US Debt Ceiling Crisis and US Federal Government Shut down Explained
Gadgil Report and Kasturirangan Report on Western Ghats
Gadgil report and Kasturirangan report related with the Western Ghats is important for UPSC Prelims, Mains and Interview. Understand the details of HLWG report and WGEEP report. What is so controversial about Madhav Gadgil committee and Kasturirangan committee reports? 'Environment' being one of … [Read more...] about Gadgil Report and Kasturirangan Report on Western Ghats
Capital Punishment, Mercy Pleas and the Supreme Court
Capital punishment remains and will remain a hot topic across the world. It is not easy to reach a consensus on the question " Should the death penalty be abolished?". Some countries abolished Capital Punishment. Some countries did not. India is one of the countries where the death penalty … [Read more...] about Capital Punishment, Mercy Pleas and the Supreme Court
Rupee Devaluation or Depreciation: How does it affect Export and Import?
You might have seen news headlines like "Indian rupee falling" or "Rupee falls to Rs.70 against US dollar". Have you ever wondered why rupee is falling? Who fixes the value of the Indian rupee as Rs.70 per 1 US dollar? Let's us discuss in this post a few confusing concepts in economics related to … [Read more...] about Rupee Devaluation or Depreciation: How does it affect Export and Import?
Centrally Sponsored Schemes (CSS)
Centrally Sponsored Schemes (CSSs) are special purpose grants (or loans) extended by the Central Government to States to encourage and motivate State governments to plan and implement programs that help attain national goals and objectives. Examples of national goals and objectives include … [Read more...] about Centrally Sponsored Schemes (CSS)
