MPPSC Prelims and Mains Notes, MPPCS Test Series
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
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
Mughal Empire (1526 A.D.-1857 A.D.) Babur- His actual name was Zahiruddin Mohammed, son of Omar Sheikh Mirza, the king of Ferghana in Afghanistan. His ambition was to conquer Samarkand, the seat of Timur. In 1527 A.D., Babur defeated rana sanga in the battle of Kanwa. In the battle of Chanderi (1528 A.D.), Babur defeated Mediniroy. … 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
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