12th FYP of Madhya Pradesh

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

Utilization of public fund

Utilization of public fund Intergovernmental transfers from the centre to the states takes place through three channels: statutory and other transfers mandated by the Finance Commission, formula-based transfers for State Plan Schemes through the Planning Commission, and other discretionary transfers by the Planning Commission/ various central Ministries. The entire tax sharing is a part of … Read more

Regional Imbalances and Migration

Regional imbalances and income inequalitiies in India: Steps taken by the Government to reduce it. Regional imbalance is the disparity in economic and social development of two regions. One region/city/area is stronger than another region/city/area. Regions develop when investments are made to set up industries, service sectors, educational institutions, health care facilities etc. Income inequality is the unequal distribution of … Read more