Poverty Eradication Programmes
India has been fighting poverty as a nation since its independence and has come a long way in achieving its mission of becoming a prosperous nation with zero poverty. To reach a state...
Author: Nitesh Rana
Market Structure
In economics, market structure depends on the number of organizations making a particular type of product. Types of Market Structures are as follows – Monopoly Oligopoly Monopsony Oligopsony Perfect Competition Monopoly– exists when a...
National Rural Livelihood Mission
National Rural Livelihood Mission – It is a poverty alleviation project. It is implemented by Ministry of Rural Development. Basic idea is to organize the poor into Self Help Groups and make them capable...
Indo China Relations
Indo China relations refer to the bilateral relationships between the People’s Republic of China and the Republic of India. Cultural and Economic times date back to ancient times. Silk Road was a major...
Export & Import
India has the seventh largest economy in the world with respect to nominal GDP and third largest with respect to purchasing power parity. The exchange of capital, goods and services transcending internal borders and...
Important terms in Economy
Terms you need to know Fiscal Deficit – Fiscal deficit is a state when government’s expenditures exceed the revenue generated, excluding money from borrowings. Current Account deficit – Difference between a nation’s investment and...
All you need to know about RBI
RBI stands for Reserve Bank of India and was established in 1935. Major functions of RBI are – Issues Bank note – Except the right to issue 1 Rupee notes, RBI has the sole...
Budget 2016
India is being looked upon as the source of growth for the otherwise declining economy in many parts of the world. Despite lack of rainfall for two consecutive years and unfavorable global conditions, India...
Battle of Panipat
Panipat is a city in Haryana that holds significant historic importance. It is 90 kms north of Delhi. The three battles fought here were key milestones in modern Indian History. The city is also...
Law Commission of India
The Government of India has established the Law Commission. Its functions to ensure legal reforms in India. The members are legal experts who are given a set guidelines and working procedures by the Government...
