APPSC Prelims and Mains Notes, APPSC Test Series
The term underdevelopment refers to that state of an economy where levels of living of masses are extremely low due to very low levels of per capita income resulting from low levels of productivity and high growth rates of population. Underdeveloped countries are now known as ‘developing countries’ signifying that such nations are capable of … Read more
Mainstay of Indian Economy Since independence, undergone a change from being the sector contributing the highest share to the GDP to one contributing the lowest share. Agriculture is a state subject. GDP contribution (Agriculture and allied sector) 5 pc in 1950-51 7 pc in 2008-09 and 14.6 pc in 2009-10. It was 19 pc in … Read more
Subscribe on YouTube The Twelfth Finance Commission was appointed under the chairmanship of C. Rangarajan on November 1, 2002 to make recommendations regarding the distribution between the Union and the States of net proceeds of shareable taxes, the principles which should govern the grants- in-aid of the revenues of States from the Consolidated Fund … Read more
Economic Growth Join Our Telegram Channel Economic growth means an increase in real GDP. This increase in real GDP means there is an increase in the value of national output / national expenditure. Economic growth is an important macro-economic objective because it enables increased living standards and helps create new jobs. Measurement of Economic Growth … Read more
Mahatma Gandhi’s principle of “enoughness” in his saying “the earth provides enough to satisfy every persons need but not for every person’s greed” According to World Commission on Environment and Development, Our Common Future (1987) , Sustainable development is development that meets the needs of the present without compromising the ability of future generations to … Read more
Under the Constitution the financial resources of the State are very limited though they have to do many works of social uplift under directive principles. In order to cope with their ever-expanding needs, the Central Government makes grants-in-aid to the States. Grant- in-aid to States , through it Central Government exercises a strict control over … Read more
India was the first nation to launched a family planning programme in 1952. Though the birth rate started decreasing, it was accompanied by a sharp decrease in death rate, leading to an overall increase in population.The early concept of population policy covered both mortality and fertility and did not exclusively focus on fertility. There was … Read more
Demographic dividend occurs when the proportion of working people in the total population is high because this indicates that more people have the potential to be productive and contribute to growth of the economy.An increase in the working age ratio can raise the rate of economic growth, and hence confer a “demographic dividend.” People of … Read more
India has a well developed taxation structure. The tax system in India is mainly a three tier system which is based between the Central, State Governments and the local government organizations. In most cases, these local bodies include the local councils and the municipalities. Subscribe on YouTube According to the Constitution of India, the government … Read more
Gender Empowerment Measure (GEM) seeks to measure relative female representation in economic and political power. It considers gender gaps in political representation, in professional and management positions in the economy, as well as gender gaps in incomes .GEM is a measure of inequalities between men’s and women’s opportunities in a country. It gives indicators to … Read more