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
Current Affairs Notes
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)
Rashtriya Kishor Swasthya Karyakram (RKSK) and RMNCH+A
Ministry of Health and Family Welfare launched the Rashtriya Kishor Swasthya Karyakram (RKSK) on January 7, 2014. The programme will comprehensively address the health needs of the near 25 crore adolescents, who account for over 21% of the country’s population. RKSK will include a sharp focus on … [Read more...] about Rashtriya Kishor Swasthya Karyakram (RKSK) and RMNCH+A
GSLV D5, GSAT 14, Cryogenic Technology and ISRO
The Indian Space Research Organization (ISRO) achieved another milestone as it successfully launched the Geo-synchronous Satellite Launch Vehicle (GSLV-D5) from the Satish Dhawan Space Centre at Sriharikota in Andhra Pradesh. GSLV launch is a great achievement as it used indigenous developed … [Read more...] about GSLV D5, GSAT 14, Cryogenic Technology and ISRO
