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Economics Notes

The Twin Balance Sheet Problem (TBS): How can Indian Economy Avoid a Crisis?

Filed Under: Current Affairs Notes, Economics Notes

Twin Balance Sheet Problem-TBS

How well is the Indian Economy doing in the last 3-4 years? Economic Survey - the flagship annual document of the Ministry of Finance, Government of India - points out that we should worry about the Twin Balance Sheet Problem, now widely known as TBS problem. First of all, what is a balance … [Read more...] about The Twin Balance Sheet Problem (TBS): How can Indian Economy Avoid a Crisis?

Goods and Services Tax (GST): Everything You Need to Know Including Issues Unresolved

Filed Under: Current Affairs Notes, Economics Notes

GST (Goods and Service Tax)

Goods and Services Tax (GST) is a comprehensive indirect tax on manufacture, sale, and consumption of goods and services throughout India. GST would replace respective taxes levied by the central and state governments. What is GST? It is a destination-based taxation system. It has been … [Read more...] about Goods and Services Tax (GST): Everything You Need to Know Including Issues Unresolved

Micro, Small and Medium Enterprises (MSME): The Importance in Indian Economy

Filed Under: Current Affairs Notes, Economics Notes

The guidelines with Regard to Investment in Plant and Machinery or Equipment .

For a country to grow, the government should actively promote business enterprises. Among business enterprises, the Micro, Small and Medium Enterprises (MSME) deserve special attention. Though MSMEs are small investment enterprises, but their contribution to the Indian economy is very … [Read more...] about Micro, Small and Medium Enterprises (MSME): The Importance in Indian Economy

Non-Performing Assets (NPA): How serious is India’s bad loan problem?

Filed Under: Current Affairs Notes, Economics Notes

Bad loans

When the borrower stops paying interest or principal on a loan, the lender will lose money. Such a loan is known as Non-Performing Asset (NPA). Indian Banking industry is seriously affected by Non-Performing Assets. In the best interest of our readers, we have come up with a comprehensive post on … [Read more...] about Non-Performing Assets (NPA): How serious is India’s bad loan problem?

Neduvasal Hydrocarbon Project Controversy: Everything you need to know

Filed Under: Current Affairs Notes, Economics Notes

What is a Hydrocarbon Project.

A village named as Neduvasal in Pudukkottai district in Tamil Nadu is recently in the news headlines. The reason being the launch of a hydrocarbon project. In this post, we cover everything you need to know about Neduvasal Hydrocarbon Project controversy and policies like Discovered Small Field … [Read more...] about Neduvasal Hydrocarbon Project Controversy: Everything you need to know

Universal Basic Income (UBI): Everything you need to know

Filed Under: Current Affairs Notes, Economics Notes

Universal Basic Income

Economic Survey for the year 2016-17 has an entire chapter dedicated to the discussion on Universal Basic Income (UBI). In this article let us try to understand the concept of Universal Basic Income, why it is needed, what are the challenges in its implementation and other related issues. What is … [Read more...] about Universal Basic Income (UBI): Everything you need to know

8 Interesting Facts about Indian Economy from the Economic Survey

Filed Under: Current Affairs Notes, Economics Notes

Annual New Migrants (in millions)

Not everyone knows Indian Economy well. Not even economists! But thanks to the Economic Survey, many interesting facts about Indian Economy have been brought to light. There are interesting facts and statistics that can give you valuable insights about the potential of India. 1. India has only 7 … [Read more...] about 8 Interesting Facts about Indian Economy from the Economic Survey

What is Economic Survey?

Filed Under: Current Affairs Notes, Economics Notes

Economic Survey of India

Economic Survey contains the most authoritative and updated source of data on India’s economy. It is usually presented a day before the Union Budget is presented in the Parliament. In this post, we bring answers to the most repeated queries about Economic Survey. What is Economic … [Read more...] about What is Economic Survey?

Non-Governmental Organizations (NGOs) and Recent Issues

Filed Under: Current Affairs Notes, Economics Notes

NGOs

Non-Governmental Organizations (NGOs) are part of the development processes of our country. They are recently in news for various reasons. Hence UPSC has added the role of NGOs, SHGs, various groups and associations, donors, charities, institutional and other stakeholders in UPSC CSE Syllabus for GS … [Read more...] about Non-Governmental Organizations (NGOs) and Recent Issues

Agricultural Marketing Reforms: Model APMC Act and NAM

Filed Under: Economics Notes

NAM

India is an agrarian economy with 70% of its population dependent on agriculture. Over the years we have improved our agricultural production which has been a boon. But finding a market for the marketed surplus and getting fair prices have always been a major challenge. This clearly points out the … [Read more...] about Agricultural Marketing Reforms: Model APMC Act and NAM

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ClearIAS Study Materials for UPSC Prelims and Mains

  • Indian History  - Indian History and Culture.
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  • General Science  - Science and Technology.
  • Environment  - Biodiversity, Climate Change etc.
  • Current Affairs  - National and international.

ClearIAS Study Materials for UPSC Mains (Extra-Topics)

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