Assam Current Affairs-Jan 2021
Registration for APSC CCE New Batch
INDIAN ECONOMY FOR UPSC/APSC EXAM Part A7: Economic Development of India since Independence
FIRST PHASE For ensuring well-being and economic development, Indian Parliament in 1954 accepted ‘the socialist pattern of society and projected a “mixed economy” where the public and the private sectors were not only to co-exist but to be complementary to each other. The broad agenda was: Focus on self-reliance. Rapid industrialization based on import-substitution including … [Read more...]
Indian Economy for UPSC/APSC exam Part A3: FISCAL POLICY
GOVERNMENT DEFICIT A deficit can be defined as a value by which the total amount falls short of a reference amount. In terms of economics, a deficit is an excess expenditure made by a body apart from the revenue in a reference period. (1) REVENUE DEFICIT: Revenue Receipt - Revenue Exp. It signifies if the day to day expenditure of the govt. can be met by its day to day … [Read more...]
