The Doing Business project by the World Bank provides objective measures of business regulations for local firms in 190 economies. India, recently, has been performing quite well of the Ease of Doing Business Rankings. India now ranks 77 among 190 economies (2019). What is Ease of Doing Business … [Read more...] about Ease of Doing Business – ‘The Rank’ Explained
Economics Notes
Core of the Core Schemes, Core Schemes, and Major Central Sector Schemes in Union Budget 2018
Do you know that Central Government Schemes are classified into Core of the Core Schemes, Core Schemes, and Major Central Sector Schemes in Union Budget 2018? Centrally Sponsored Schemes vs Central Sector Schemes Actually, the two major classifications of Central Government Schemes are Centrally … [Read more...] about Core of the Core Schemes, Core Schemes, and Major Central Sector Schemes in Union Budget 2018
Crowdfunding – Benefits and Concerns
Through social media and various other platforms, you might have heard the word 'crowdfunding'. It is one of the emerging and innovative ideas which is boomed after the spread of the internet. In this article, we shall see what is 'crowdfunding', its benefits, concerns, and the way forward. What … [Read more...] about Crowdfunding – Benefits and Concerns
10 New Facts About Indian Economy Based on Economic Survey 2017
Just like the Economic Survey 2016 which had 8 interesting facts, Economic Survey 2017 too has brought us new facts. The Economic Survey 2017-18 has relied upon analysis of the new data to highlight ten new economic facts, which is discussed below. Fact 1: Large increase in registered indirect as … [Read more...] about 10 New Facts About Indian Economy Based on Economic Survey 2017
7 Initiatives by the Government to Promote Energy Efficiency and Energy Conservation
Energy efficiency involves efficient utilization of energy resources. This is necessary for sustainable development. Energy efficiency increases productivity, and significantly reduce Green House Gas emissions, solid waste production and thermal pollution. Initiatives to Promote Energy Conservation … [Read more...] about 7 Initiatives by the Government to Promote Energy Efficiency and Energy Conservation
Bullet Trains – Does India really need them?
Bullet Trains in India: In September 2017, Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe laid the foundation stone of the ambitious bullet train project - connecting Mumbai with Ahmadabad. There are arguments for and against adopting bullet trains in India. Does India … [Read more...] about Bullet Trains – Does India really need them?
Monetary Policy of India – Everything You Should Know About
You might have heard of the term Monetary Policy in Economy class. Recently there were many changes in the way Monetary Policy of India is formed - with the introduction of Monetary Policy Framework (MPF), Monetary Policy Committee (MPC), and Monetary Policy Process (MPP). Why should a country … [Read more...] about Monetary Policy of India – Everything You Should Know About
73 Major Centrally Sponsored Schemes and Central Sector Schemes in 2017
This post is a compilation of the names of 73 major Centrally Sponsored Schemes and Central Sector Schemes as mentioned in the Union Budget 2017. Update: To learn the Centrally Sponsored Schemes and Central Sector Schemes as mentioned in the Union Budget 2018, refer this post. Scheme … [Read more...] about 73 Major Centrally Sponsored Schemes and Central Sector Schemes in 2017
National Commission on Farmers – Recommendations
The National Commission on Farmers (NCF) was constituted on November 18, 2004, by the Government of India. The commission was formed under the chairmanship of Professor M.S. Swaminathan. From December 2004 to October 2006, it has submitted five reports. Composition of the National Commission on … [Read more...] about National Commission on Farmers – Recommendations
India’s Free Trade Agreements – The ‘present’ and the ‘future’
Trade is of great importance to most nations in the modern world. Trade without barriers - free trade - is promoted by institutions like World Trade Organisation (WTO). In this background, as an emerging super power, India's Free Trade Agreements deserve special attention. In this article, let … [Read more...] about India’s Free Trade Agreements – The ‘present’ and the ‘future’
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