Hybrid annuity model involves government and private developer jointly investing in the project cost on a 40:60 ratio, with government payment in annual annuity is based on quality...
The Incremental capital output ratio is a measure which shows the amount of capital required to produce a given product. High ICOR indicates an inefficient economic environment as...
Hint: Real National income is the total value a country’s final output of all new goods and services produced in one year. Development in economy is determined by well-being...
Healthcare schemes in India include insurance schemes like PM Jan Arogya Yojana and states’ own treatment schemes. Challenges in Implementation: Fiscal – Public spending on health is not...
Model Answer: Development of an economy is influenced by both economic and non-economic factors: Economic Factors as determinants of Development Economic factors as determinants of development include natural...
Economic development is a normative concept which takes into account both qualitative and quantitative aspects. Economic development is an increase in overall living standards and quality of life...
The contribution of the manufacturing sector to GDP is currently at around 16%. It has remained stagnant for the following reasons: Lack of market demand owing to higher...
Economic development is referred to as the growth of the standard of living of the people of any country. It helps a nation to conduct an effective transition...
The central government in the past few years has extensively focused on merging smaller banks with larger ones to form a consolidated entity. Now the government is planning...
Livestock-based integrated farming system brings together crop cultivation, fisheries, livestock rearing and agro-forestry to benefit farmers in multiple ways. Features of livestock-based IFS: Farmers cultivate crops and raise...