Probable questions:

1. What is the contribution of Services-sector”>services sector to India’s economy?
2. Do you think India is over-tertiarised?

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Public Economics

Study of economic efficiency, distribution and government economic policy.

Developed out of the original political economy of JS Mill and David Ricardo. It is a very important branch of economics because of the foundation it provides for practical policy analysis.

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• Following Elements mainly affect the magnitude of the POVERTY ration
  • The Nutrition norm in the
  • Price deflator used to update the Poverty Line
  • Pro rata adjustment in the number of households in different expenditure classes to determine the number of households below and above poverty line.
• Agricultural wage earners, small and marginal farmers and casual workers engaged in non-agricultural activities constitute the bulk of the rural poor

Sikkim.pscnotes.com/prelims-notes/economy/poverty/#more-821″>Read morePOVERTY

Planning in India

economy/planning-in-india/#more-808″>Read morePlanning in India

Subsidies or Cash Transfers?

economy/subsidies-or-cash-transfers/#more-807″>Read moreSubsidies or Cash Transfers?

Contents

India under the British Rule. 2

in India. 6

Monetary Policy of India. 6

Money Market. 13

economy Notes” class=”read-more content-read-more” href=”https://Sikkim.pscnotes.com/prelims-notes/economy/economy-notes/#more-806″>Read moreEconomy Notes

The Central Statistics Office (CSO) of the Ministry of Statistics & Programme Implementation announced that the new series of Consumer Price Index(CPI)  numbers for Rural, Urban and Combined (Rural +Urban) on base 2010 ( January to December)=100 taking all segments of rural and urban Population for the month of January, 2011 will be released by the  Central Statistics Office for the States/UTs and all- India on 18th February, 2011.These indices will be available for five major groups namely Food, beverages and tobacco; Fuel and Light; Housing; Clothing, bedding and footwear, and Miscellaneous.

economy/cpi/#more-805″>Read moreCPI

Importance of Micro, Small and Medium enterprises

• Apart from playing a significant role in meeting national objectives of balanced Growth, https://exam.pscnotes.com/POVERTY-alleviation”>Poverty Alleviation and Equity promotion, serve as nurseries for corporate enterprises of future.

Sikkim.pscnotes.com/prelims-notes/economy/micro-small-and-medium-enterprises/#more-804″>Read moreMicro, Small and Medium enterprises

• In rural India, land is the single most important productive asset owned by the people

Why are Land reforms needed?

economy/land-reforms/#more-803″>Read moreLand reforms