Public Debt and Public Expenditure

Public expenditure is spending made by the government of a country on collective needs and wants such as pension, provision, infrastructure, etc. Until the 19th century, public expenditure was limited as laissez faire philosophies believed that money left in private hands could bring better returns. In democracy, public expenditure is an expression of people’s will, … Read more

Andhra Pradesh: Horticulture

Horticulture: Horticulture is a branch of agriculture. It deals with the art, science, technology, and business of growing plants. It includes the cultivation of medicinal  plants, fruits, vegetables, nuts, seeds, herbs, sprouts, mushrooms, algae, flowers, seaweeds and non-food crops which includes grass and ornamental trees and plants. Andhra Pradesh Horticulture: Present Scenario Horticulture production in the state has been rising constantly for last two decades. In the below graph we can see … Read more

Fisheries

Fisheries: ‘Fisheries’ sector is becoming a subsector of Primary sector with consistently increasing contribution to the state economy. The state government envisages development in fisheries sector with a multi pronged strategy with essential focus on increasing fish production and thereby ensure sustainable development. Development of fisheries through effective value chain and boosting exports, government is … Read more

Sufism and Bhakti movements

The Bhakti movement in Indian history represents a movement that popularized devotional surrender to a personally conceived supreme God. Its origins are traced to the Brahamanical and Buddhist traditions of ancient India. It was in south India that it grew from a religious tradition into a popular movement based on religious equality and broad based … Read more

Formation Of Andhra Pradesh

Formation Of Andhra Pradesh Activist Potti Sriramulu advocated inclusion of the Telugu-speaking areas of Rayalaseema and Coastal Andhra in an Andhra state. He conducted a hunger strike until Prime Minister Jawaharlal Nehru promised to form an Andhra state. On 19 October 1952, when Nehru’s promise had not been fulfilled, Sriramulu began fasting again at Maharshi … Read more

Global Warming and Its Impact

Global Warming and Its Impact Global warming is the slow increase in the average temperature of the earth’s atmosphere because an increased amount of the energy (heat) striking the earth from the sun is being trapped in the atmosphere and not radiated out into space. The earth’s atmosphere has always acted like a greenhouse to capture the … Read more

Insufficient Financial Resources and Deficiency Of Capital

Insufficient Financial Resources and Deficiency Of Capital   The financial sector and its role in the process of economic development has attracted notable attention since the early 1990s. In particular, the crucial need for a stable banking system was highlighted in the wake of the Asian financial crisis of the late 1990s. The rapid influx … Read more

Falling Rupee Value

Falling Rupee Value Exchange rate is the price of foreign currency (USD, Yen, Euro, Pound etc) in terms of domestic currency (rupee) i.e. amount of domestic currency needed to buy one unit of foreign currency. Currently price of 1$ = 53.74, which means 1$ can be purchased in exchange of 54. Exchange rate tells us … Read more