In India, the government presents a set of budget documents every year to outline its financial plans, expenditures, revenue projections, and allocations for various sectors. The budget documents provide a comprehensive overview of the government's fiscal policies and priorities for the upcoming … [Read more...] about Budget Documents Made Simple
UPSC Mains General Studies Paper 3 (GS3)
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
Sub-Prime Crisis, Fiscal Cliff, and Fiscal Drag Explained
What is a sub-prime crisis? What are fiscal cliff and fiscal drag? Read further to know. This article on Sub-Prime Crisis, Fiscal Cliff, and Fiscal Drag is part of the article series by ClearIAS.com on some current but confusing concepts related to the US economy. We plan to discuss in detail, … [Read more...] about Sub-Prime Crisis, Fiscal Cliff, and Fiscal Drag 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
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?
Food processing and related industries in India – scope and significance, location, upstream and downstream requirements, supply chain management
What is food processing? What are the scope and significance, location, upstream and downstream requirements, and supply chain management in the related industries? Read here to learn more. Food processing is the transformation of raw ingredients into food, or of food into other forms (i.e., food … [Read more...] about Food processing and related industries in India – scope and significance, location, upstream and downstream requirements, supply chain management
Bitcoin: Understanding the Basics of Cryptocurrency
Bitcoin is a hot word these days. Many know that it is related to money or currency. But what exactly is Bitcoin? What is a cryptocurrency? Is it legal in India? Why is it in the news? Read further to know. Supreme Court of India has recently lifted the ban on cryptocurrencies imposed by the … [Read more...] about Bitcoin: Understanding the Basics of Cryptocurrency
FRP Composite Material And Its Applications
What is fibre-reinforced plastic (FRP)? What are the materials used as fibre and polymer in FRP? Read further to know more. Fibre-reinforced plastic (FRP) (also known as a fibre-reinforced polymer) is a composite material made of a polymer matrix reinforced with fibres. Composites are … [Read more...] about FRP Composite Material And Its Applications
