Economy DMPQ

Tax incidence:  Tax incidence is the entity on whom tax is imposed. It is the distribution of the overall tax burden between sellers and buyers in an economy.     Tax burden:       It is the total amount of tax paid by a particular group of people, an industry etc especially as compared to what other … Read more

Government: The Indian Government utilizes numerous techniques to ascertain how people areresponding to government action, as well as ideas for policy augmentation. Healthcare: Big data analytics plays a vital role in improving services and tackling some of theforemost challenges in the healthcare sector, especially in terms of patient profile analysis,genomic analysis, public health monitoring, diagnosis … Read more

A debenture redemption reserve (DRR) is a provision stating that any Indian corporation that issues debentures must create a debenture redemption service in an effort to protect investors from the possibility of a company defaulting. This provision was tacked onto the Indian Companies Act of 1956, in an amendment introduced in the year 2000. The … Read more

With increase in the average expectancy age , the issue of elderly population will arise in the near future. The economy has to look into to take care of the elderly population. But there are some issues attached with ageing population: Lack of uniform and accessible pension system. Premium rates are different and there are … Read more

Pradhan Mantri Matru Vandana Yojana  (PMMVY) is a Maternity Benefit Programme that is implemented in all the districts of the country in accordance with the provision of the National Food Security Act, 2013.Providing partial compensation for the wage loss in terms of cash incentive s so that the woman can take adequate res t before … Read more

Tier-1 capital:     Tier 1 capital, used to describe the capital adequacy of a bank, is core capital that includes equity capital and disclosed reserves. Tier 1 capital is essentially the most perfect form of a bank’s capital — the money the bank has stored to keep it functioning through all the risky transactions it … Read more

GHI considers four parameters to for ranking countries: Undernourishment: share of the population that is undernourished, reflectinginsufficient caloric intake;Child wasting: share of children under the age of five who are wasted (low weightfor-height), reflecting acute under-nutrition;Child stunting: share of children under the age of five who are stunted (low heightfor-, reflecting chronic under-nutrition; andChild mortality: … Read more

Parallel economy, based on the black money or unaccounted money, is a big menace to the Indian economy. It is also a cause of big loss in the tax-revenues for the government. We can define black economy as the money that is generated by activities that are kept secret, in the sense that these are … Read more

Industrial sector is a crucial sector for sustainable growth of India. The sector growth rate and its contribution to overall growth is not sufficient enough for achieving double digit growth. The benefit of achieving industrial growth is that it is employment friendly and it is a self priming system. The constraints in the development of … Read more

The Japan International Cooperation Agency (JICA) which undertook the study on  the feasibility of this prestigious project, submitted its report in July 2015. The project  was approved by the Cabinet Committee on Economic Affairs, in December 2015, to  be implemented with Japanese technical and financial assistance. The memorandum of  understanding for cooperation between India and … Read more