International Credit Ratings

 International Credit Ratings A credit rating is an evaluation of the credit risk of a prospective debtor (an individual, a business, company or a government), predicting their ability to pay back the debt, and an implicit forecast of the likelihood of the debtor defaulting. The credit rating represents an evaluation of a credit … Read more

Green GDP

 Green GDP Green Gross Domestic Product also known as Green GDP, accounts for the environmental consequences of a country’s traditional GDP. It acts as an index of the growth of economy with the environmental implications of that growth which is related to a country’s conventional GDP. Green GDP tells us the biodiversity that … Read more

SEZs And Industrial Corridors Of India

 SEZs and Industrial Corridors of India SEZ The SEZ Corridor is an emerging corridor implementing a number of Special Economic Zones (SEZs) along the Grand Southern Trunk Road (NH 45) in Chennai. Started with the establishment of the Madras Export Processing Zone in 1984 (converted to a SEZ in 2003), the SEZ corridor … Read more

Govt Employment

 Govt. employment policy Analysing and Improving Labour Market Data      Availability of detailed, reliable, and comprehensive information on the labour market is critical to meet the employment challenge through well-targeted policies and programmes. At present, the dearth of statistical data on the labour market in India poses serious constraints to employment planning and … Read more

Social Welfare Programmes

 Social Welfare Programmes of India Social Welfare sector is responsible for the welfare, rehabilitation and development of the Persons with Disabilities, the Social Deviants, and the Other Disadvantaged who require special attention of the State because of the disabilities and vulnerabilities they suffer from. While there is no information about the size of … Read more

Banking

 Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more

Debt And Investment In India

 Debt and Investment in India: Current Status Debt status Government liabilities  have been broadly classified as debt contracted against the Consolidated Fund of India (defined as Public Debt) and liabilities in the Public Account, called Other Liabilities. Public debt is further classified into internal and external debt. Internal debt consists of marketable debt … Read more

Indian Institute Of Management

 Indian Institute of Management The Indian Institutes of Management (IIMs) are a group of 20 public, autonomous institutes of management education and research in India. They primarily offer postgraduate, doctoral and executive education programmes. The establishment of IIMs was initiated by Jawaharlal Nehru, the first Prime Minister of India, based on the recommendation … Read more

Panchayat Financing And Devolution

 Panchayat: Financing, Resource mobilization and devolution Sources of Funds The Amendments left important matters such as implementation, service delivery (including local capacity building) and transfer of responsibilities and powers to rural local bodies at the discretion of the state legislatures. Consequently, while expenditure responsibilities of local bodies are extensively enhanced, there is no … Read more

Niti Ayog

 Niti Ayog – National Institution for Transforming India   The National Institution for Transforming India, also called NITI Aayog, was formed via a resolution of the Union Cabinet on January 1, 2015. NITI Aayog is the premier policy ‘Think Tank’ of the Government of India, providing both directional and policy inputs. While designing … Read more

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