BUDGETING

Budgeting Budgeting is the process of estimating the availability of resources and then allocating them to various activities of an organization according to a pre-determined priority. In most cases, approval of a budget also means the approval to various spending units to utilize the allocated resources. Budgeting plays a criucial role in the socio-economic development … Read more

13.07.17 Madhya Pradesh Current Affairs

Madhya Pradesh   Chief Minister’s home district, poor farmer uses minor daughters to plough fields.   A farmer from this home district of Madhya Pradesh Chief Minister Shivraj Singh Chouhan, has been using his two minor daughters to plough his fields for the last two years.   Madhya Pradesh, hit by a spate of suicides … Read more

Development of Mining Sector of Madhya Pradesh

Mineral wealth of MP, and ranking in mineral:- Madhya Pradesh is richly endowed with rich mineral reserves. In Mineral Production , the state ranks fourth after Jharkand, Chhattisgarh and Orissa. Madhya Pradesh is the only state of the country producing diamond in the country. Madhya Pradesh stands first in production of Copper Ore and Pyrophyllite. … Read more

Inflation & Control Mechanism

inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively … Read more

03 & 04.09.17 Madhya Pradesh (MPPCS) Current Affairs

MADHYA PRADESH   ·               Tribal youths to guard mines in Madhya Pradesh, says CM.   ð The Madhya Pradesh government will launch a special police recruitment drive for tribal youth belonging to Sahariya, Bhariya and Baiga communities. The candidates can skip the written examination of Vyapam and will be selected on the basis of merit. The drive … Read more