Economy

Causes of low industrialization in Madhya Pradesh

Causes of low industrialization in Madhya Pradesh Madhya Pradesh (MP) has predominantly been an agrarian state economy which shows co-existence of poverty and prosperity in the state. The state’s economic and demographic profile describes an economy of rural mass, poverty and growth led by agriculture. Despite five decades of planned economic development, MP continues to … Read more

Banking- Role of Commercial Banks, Issue of NPA, Financial Inclusion:-

Table of Content:- Role of Commercial Banks Issue of NPA Financial Inclusion A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial … Read more

Banking- Role of Commercial Banks, Issue of NPA, Financial Inclusion

Table of Content:- Role of Commercial Banks Issue of NPA Financial Inclusion A Commercial bank is a type of financial institution that provides services such as accepting deposits, making business loans, and offering basic investment products There is acute shortage of capital. People lack initiative and enterprise. Means of transport are undeveloped. Industry is depressed. The commercial … Read more

Code of ethics

Code of ethics Ethics codes are as old as antiquity. Religious traditions and civic cultures have codes as their foundations. The Mosaic Decalogue (Ten Commandments) is the keystone for Judaism, Islam and Christianity. Pericles made the Athenian code the underpinning of ancient Greek politics and culture. In each case codes carry general obligations and admonitions, … Read more

11.04.18 (MPPCS) Madhya Pradesh Current Affairs

MADHYA PRADESH Madhya Pradesh refuses additional water for parched Gujarat   The Madhya Pradeshgovernment has categorically rejected the Gujarat government’s demand to allocate more water to save the Narmada river. Considering the industry’s needs in Dahej and to save Narmada river’s ecology and the livelihood of lakhs of people, the Gujarat government had requested the Centre to … Read more

POVERTY

 

  • Following elements mainly affect the magnitude of the poverty ration
    • The nutrition norm in the base year
    • 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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Quality of life, life expectancy, literacy, standard of living and migration in India

Quality of life, life expectancy, literacy, standard of living and migration in India Human development—a comprehensive approach Human development is a process of enlarging people’s choices. But human development is also the objective, so it is both a process and an outcome. Human development implies that people must influence the processes that shape their lives. … Read more

Natural & Power Resources of Madhya Pradesh

Natural & Power Resources of Madhya Pradesh Mineral resources Minerals in Madhya Pradesh occur in abundance in its several districts. The state of Madhya is said to have a favourable geotectonic setting that accommodates every episode of mineralisation the earth has experienced. It includes the occurrences of almost all varieties of minerals required as industrial … Read more