MPPSC Prelims and Mains Notes, MPPCS Test Series
Economic reforms in india New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its economic development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order … Read more
The Banking System at the time of independence was largely urban oriented and remained out of reach of rural population. Commercial Banks mostly confined their lending to trade, commerce and industry and treated agriculture as a non priority. Security- oriented lending was the order of the day. Banks did not pay any attention to the … Read more
MADHYA PRADESH Clear dues or forget admission under RTE quota: Schools to govt The state is staring at a crisis for the 2018-19 academic session as over 1,008 unaided private schools in Bhopal have decided not to admit students under the Right to Education Act quota until the government clears their dues worth crores … Read more
Rajasthan: Public Finance and fiscal Policy Due to creation of huge liabilities in earlier years, State remains into revenue deficit and fiscal deficit also increase to 3.13 per cent of GSDP in the year 2014-15. During 2015-16, there was a revenue deficit of 5,954 crore and fiscal deficit was 9.38 per cent of GSDP (with UDAY … Read more
Rajasthan : Main Features of budgets The Minister of Finance of Rajasthan, Ms. Vasundhara Raje, presented the Budget for Rajasthan for the financial year 2016-17 on March 8, 2016. The Gross State Domestic Product of Rajasthan for 2016-17 is estimated to be Rs 7,67,167 crore. This is 13.8% higher than the estimates … Read more
12th FYP of Madhya Pradesh To achieve an overall growth rate of 12.0%. This is envisaged to be achievedthrough 9% growth in agriculture and allied sectors, 12.0% growth in industry and 13.75% growth in service sector. To reduce poverty levels from 36.7% of 2009-10 to 15% To achieve the literacy rate of 100% by the … Read more
Madhya Pradesh Tax and Economic reforms The economic liberalization in India , initiated in 1991, of the country’s economic policies, with the goal of making the economy more market and service-oriented and expanding the role of private and foreign investment. Specific changes include a reduction in import tariffs, deregulation of markets, reduction of taxes, and greater foreign … Read more
Madhya Pradesh Public Finance and fiscal Policy Basic Understanding of Public Finance Public finance as a concept may be understood on two levels – as a practical activity of all components of public administration and As a theoretical area. The term “public finance“ may be defined as the identification of specific financial relationships and functions running between … Read more