Economy

POVERTY

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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

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CPI

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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.

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Land reforms

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

Why are Land reforms needed?

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Infrastructure Debt Funds

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Debt Funds

  • In Sept 2011, RBI issued guidelines for permitting banks and NBFCs to set up IDFs to help meet long term financing for the sector
  • IDFs would be set up either as MFs or NBFCs
  • NBFC sponsoring IDF-MF should have a minimum net owned funds of Rs 300 crore and CAR of 15 percent
  • Besides, its NPAs should be less than 3% of net advances and the NBFCs should have been in existence for at least five years and earning profits for the last three years
  • Banks and NBFCs would be eligible to sponsor IDFs as Mutual Funds with prior approval of the RBI
  • SEBI has amended the Mutual Funds Regulations to provide regulatory framework for IDF-MFs
  • Banks acting as sponsors to IDF-MFs would be subject to existing prudential limits including limits on investments in financial Services companies and limits on Capital Market exposure

World Trade Organization

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Contents

  • What is WTO? Structure? Agreeements?
  • Rounds of WTO
  • Doha Development Round
  • India’s role in WTO
  • India’s proposals to WTO
  • Trade in Goods
    • Agriculture-notes-for-state-psc-exams”>Agriculture
    • NAMA
    • Rules
    • SPS
    • TBT
  • https://exam.pscnotes.com/trade-in-Services“>Trade in Services
    • GATS
  • Intellectual Property (TRIPS)
  • TRIMS
  • Dispute settlement
  • Development
    • Trade and Development
    • Aid for Trade
    • Special & Differential Treatment
  • Environment
    • Trade and Environment
  • Trade facilitation
  • Other issues

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