The GDP of any country is dependent on four engines of growth, viz, consumption, government expenditure, private investment, and trade. As per classical economics theories, the savings in...
India shares transboundary water resources with Pakistan, China, Nepal, Bhutan and Bangladesh, each having their own challenges. Issues: Pakistan: Governed by Indus water treaty. Issues over Kishanganga project...
Smart agriculture is the use of ICT & next gen appliances to aid in improvement of yield & quality of the crop produced. Advantages: Drones can be used...
Land Reforms refer to the redistribution of land resources in an equitable manner. At the time of independence, Aacharya Vinod Bhave and JP Narayan had led the Gramdan...
Off-budget borrowings refer to government borrowings not accounted in budget or fiscal deficit. These are borrowed by government agencies and/or PSUs from market or other innovative sources. E.g....
Recently, Genetically Modified food crops drew attention, as Indian-origin food shipments in European Union were found to violate GM content percentage. Genetically modified food crops are those in...
Finance Minister in budget of 2021-22 announced a National Hydrogen Mission to give a boost to Green Hydrogen fuel in India’s energy mix. India’s current energy status: Goal...
Globalization is the process of international integration of nations, economically and socio-culturally. It has been an efficient tool for GDP growth: Globalization can increase the trade and growth...
With a total trade of $70 billion, ASEAN is India’s fourth largest trading partner. This is almost 11% of India’s overall global trade of $660 billion. However there...
The constitution envisages decentralization through division of fiscal, political and administrative powers between different tiers of government. Political decentralization: The incursions by the centre, into the legislative domain...
