Category: Uncategorized
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New Governance Program Pragati – Proactive Governance and Timely Implementation.
What is it ? New governance Reform initiative Pragati – Proactive Governance and Timely Implementation. It is touted to be a credible mechanism for redressal of public grievances. Features of the program – Three major objectives of the program grievance redressal project implementation project monitoring For this an IT based redressal and monitoring system has been designed i.e…
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Major Highlights of the Insurance Laws (Amendment) Bill, 2015 Passed by Parliament
The Insurance Laws (Amendment) Bill, 2015 was passed by the Parliament. The passage of the Bill paved the way for major reform related amendments in the following acts : – Insurance Act, 1938 The General Insurance Business (Nationalization) Act, 1972 The Insurance Regulatory and Development Authority (IRDA) Act, 1999. I have prepared this post with…
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Economic Survey Highlights : – Problems with APMCs and possible solutions
Current Scenario Presently, markets in agricultural products are regulated under the Agricultural Produce Market Committee (APMC) Act enacted by respective State Government. This Act notifies agricultural commodities produced in the region such as cereal, pulses, edible oilseed and even chicken, goat etc. The first sale in these commodities can be conducted only under the aegis…
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Economic Survey Highlights : – Manufacturing or Services ?
Excerpts from Economic Survey – In order to bring about expansion and structural transformation, India should utilize its dominant resource of unskilled labour. But, “What should India make?Manufacturing or Services? ” The Economic Survey distinguishes registered manufacturing ( formal sector) from the general manufacturing which covers informal sector as well. Advantages of Registered Manufacturing ( Formal Sector ) Has the…
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Budget 2015 Excerpts : – Major New schemes
1. Micro Units Development Refinance Agency (MUDRA) Bank Government has planned to set up a Micro Units Development and Refinance Agency (MUDRA) Bank through a statutory enactment. This Bank would be responsible for regulating and refinancing all Micro-finance Institutions (MFI) which are in the business of lending to micro/small business entities engaged in manufacturing, trading and…
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Budget 2015 Excerpts :- Five Major Challenges to the Economy
I’ve prepared this article from the Budget speech of Finance Minister. Five major challenges before the economy as informed in the budget by the Finance Minister are :- 1. Agricultural incomes are under stress. To increase the incomes of farmers, it is imperative that a National agricultural market is created, which will have incidental benefit of…
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UPSC Mains 2014 Results Date
When do you think are UPSC Mains 2014 results coming? Vote below! [polldaddy poll=8687313]
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Measures taken by government to contain price rise and improve the availability of essential food items
The Government has initiated several measures in the recent past to contain price rise and improve the availability of essential food items. The recent steps taken in this regard are: Minimum Export Price has been fixed for potatoes and for onions. This has been done to keep domestic prices under check in view of increased wholesale…
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China’s increasing engagement with Afghanistan
“Almost every great power in history, when they were rising, was deeply involved in Afghanistan, and China will not be an exception.”- Prof Wang Lian. China launched a new official forum in Kabul, the ‘China-Pakistan-Afghanistan Strategic Dialogue’. This triangular engagement is likely to emerge as a major force shaping India’s north western frontiers. What was the outcome…
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All you need to know about Soil Health Card Scheme
Deteriorating soil health has been a cause of concern and that has been leading to sub optimal utilization of farming resources. Soil health needs to be assessed at regular intervals so as to ensure that farmers apply the required nutrients while taking advantages of the nutrients already present in the soil. A new centrally sponsored…