WHITE REVOLUTION IN INDIA

WHITE REVOLUTION IN INDIA   The package programme adopted to increase the production of milk is known as White Revolution in India. The White Revolution in India occurred in 1970, when the National Dairy Development Board (NDDB) was established to organize the dairy development through the co-operative societies. Varghese Kuerin was the father of White … Read more

Green Revolution in India

Green Revolution in India A term coined to describe the emergence and diffusion of new seeds of cereals. Norman-e-Borlaug is the Father of Green Revolution in the world, while Dr. M.S. Swami Nathan is known as the Father of Green Revolution in India. The new cereals were the product of research work and concentrated plant … Read more

CHARACTERISTICS AND PROBLEMS OF INDIAN AGRICULTURE

CHARACTERISTICS AND PROBLEMS OF INDIAN AGRICULTURE Subsistent in Character Heavy Pressure of Population Predominance of Food Grains Mixed Cropping High Percentage of the Reporting Area under Cultivation Small Size of Holdings and Fragmentation of Fields Limited Intensive Agriculture Primitive Technology Indian Agriculture is Labour Intensive Rain-fed Agriculture Less Area under Leguminous and Fodder Crops Tradition … Read more

Physical factors: Terrain, topography, climate, and soil. which determine agriculture

Physical Factors: (a) Terrain, Topography, and Altitude dependent on the geo-ecological conditions; terrain, topography, slope and altitude. paddy cultivation requires leveled fields, tea plantations perform well in the undulating topography in which water does not remain standing. Orchards of coconut are found at low altitudes, preferably closer to the sea level, while the apple orchards … Read more

Climate Change

 

  • National Environmental Appraisal and Monitoring Authority has been setup

 

 

India UK

UK-India Business Climate Leaders Group has been constituted. Comprising of leading CEOs the group will work on synergystic business for carbon reduction and joint work to evolve national emission reduction strategies.

FDI could be streamlined into low carbon initiatives.

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Economic Terms

Depository Receipt

A depositary receipt (DR) is a type of negotiable (transferable) financial security that is traded on a local stock exchange but represents a security, usually in the form of equity, that is issued by a foreign publicly listed company. The DR, which is a physical certificate, allows investors to hold shares in equity of other countries. One of the most common types of DRs is the American depositary receipt (ADR), which has been offering companies, investors and traders global investment opportunities since the 1920s.

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Public Economics

Public Economics

Study of economic efficiency, distribution and government economic policy.

Developed out of the original political economy of JS Mill and David Ricardo. It is a very important branch of economics because of the foundation it provides for practical policy analysis.

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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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