May 12, 2016

Non-lapsable Central Pool of Resources (NLCPR)

During the Atal Bihari Vajpayee rule, the union ministries were mandated to spend 10% of their budget allocations for the development of North-Eastern region. However, in case the ministries failed to spend the said amount for north-east development purpose, those…

December 9, 2015

Difference Between Quality of Life and Standard of Living

Quality of life is another measure of economic development.Quality of life and standard of living should not be confused as synonyms of each other,even when one supports the other. Quality of LifeStandard of Living (i) Quality of life not only…