According to the WTO rules, the members can also temporarily depart from some of their basic WTO obligations in order to remedy a situation of unfair competition or...
The WTO’s Trade Policy Review Mechanism (TPRM) was a result of the Uruguay Round. With the creation of the WTO in 1995, it was made permanent and broadened...
The WTO is an inter-governmental organization for governments to negotiate global trade agreements and progressively liberalizing trade. Currently, WTO has 164 members. The WTO operates a system of...
International trade refers to exchange of capital, goods, and services across international borders. The main difference between the domestic trade and the international trade is of “cost of...
On March 1, 2016, the government announced to do away with Plan and Non-Plan classification of expenditure from 2017-18. Plan and non-plan classification was a major exercise in...
There are five sources of employment / unemployment statistics in India viz. NSSO, Economic Census, Employment Market Information Programme of DGET, Registrar General of India and Labour Bureau. ...
There are several kinds of unemployment rate as follows. Open Unemployment Open unemployment is a condition in which people have no work to do. They are able to...
Labour Force refers to the number of persons actually working or willing to work. However, workforce refers to the number of persons actually working. Thus, workforce does not...
The 1st ever post independence Socio-Economic and Caste Census (SECC) 2011 began on 29 June 2011 from the Sankhola village of Hazemara block in West Tripura District. Government...
The data had stirred up a controversy (in media) with respect to the growth of the minority (Muslim) population. The data revealed that the share of Hindus in...
