Poverty is a state where a person is unable to maintain a minimum socially accepted level of standard of living. As per the latest estimates of the Planning Commission released in July 2013 for the year 2011-12, the poverty ratios Read More …
Category: APPSC
Examine some of the major features of Andhra Pradesh budget for the FY 2020-21 with special reference to fiscal deficit situation of the state
The Finance Minister, Mr. Buggana Rajendranath, presented the Budget for Andhra Pradesh for the financial year 2020-21 on June 16, 2020. Budget Highlights The Gross State Domestic Product of Andhra Pradesh for 2019-20 (at current prices) is projected to be Rs 9,72,782 crore. This is Read More …
Highlight the areas of central assistance to Andhra Pradesh under the provision of Andhra Pradesh Reorganization Act and Fourteenth Finance Commission?
There are 14 assurances in the main sections of the Andhra Pradesh Reorganisation Act, 2014. Out of them, partly implemented are – Special Development Package for 7 districts , Polavaram, Educational Institutions and Infrastructure Projects, Tax incentives and Support for Read More …
Give an account of the objectives of Prime Minister Employment Generation Programme (PMEGP) and the benefits received under this scheme.
The Prime Minister Employment Generation Programme (PMEGP) is a Central Sector Scheme funded by the Ministry of Micro, Small and Medium Enterprises. PMEGP is a central sector scheme being administered by the Ministry of Micro, Small and Medium Enterprises (MoMSME). Read More …
Differentiate between revenue deficit, fiscal deficit and primary deficit? How does deficit financing impact the economy
The government may spend an amount equal to the revenue it collects. This is known as a balanced budget. However, the most common feature is the situation when expenditure exceeds revenue. This is when the government runs a budget deficit. Read More …
What are the recommendations of the Fourteenth Finance Commission with respect to the grant to local governments, fiscal deficit and FRBM Act?
Fourteenth Finance Commission was constituted in 2013 under the chairmanship of Dr. Y. V Reddy to recommend the report for the duration of 1st April, 2015 to 31st March, 2020. Grants to Local Governments Should be distributed to states for Read More …
Give an account of the mineral and forest resources of Andhra Pradesh?
Andhra Pradesh state with its diversified topography ranging from the hills of Eastern Ghats and Nallamallas to the shores of Bay of Bengal supports varied ecotypes, which in turn support a rich diversity of flora & fauna and minerals. Forest Read More …
Define public debt and give its components with reference to Indian government? Explain trends in public debt since 2010 onwards.
All liabilities of Central Government contracted against the Consolidated Fund of India is defined as Public Debt. Components of Public Debt Public debt is further classified into internal and external debt. Internal debt is categorised into marketable and non-marketable debt. Read More …
What are the factors responsible for the narrow tax base in India? Explain in brief
India has a low taxpayer base as a percentage of the total population. In 16 years between 2002-03 and 2018-19, the number of individuals who filed tax returns grew 62%, but the number of people who paid income tax rose Read More …
Contrast the Industrial Policy of 1980 with that of 1991 with respect to small enterprises in India
A ‘small-scale industry’ is defined with reference to the maximum investment allowed on the assets of a unit. In 1950 a small-scale industrial unit was one which invested a maximum of rupees five lakh. Over a period, policies were changed Read More …
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