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ADRs(American Depository Receipt)

Introduction: An American Depositary Receipt (ADR) is a negotiable certificate that represents shares of a foreign stock owned and issued by a U.S. bank. It can be traded in US equity market. ADRs are denominated in dollars.Advantages of ADRs: It enables US investors...

Trade War

Introduction Trade war is a situation in which countries try to damage each other's trade. It is an economic conflict between two countries in which a country raises or creates tariffs (a type of  tax imposed on imported goods and services) or other trade barriers...

MINIMUM SUPPORT PRICE OR MSP

 WHAT IS MINIMUM SUPPORT PRICE (MSP):  Minimum Support Price (MSP) is an important part of India’s agricultural price policy. MSP is in the nature of long - term guarantee made by the Government to the producers/farmers so that in the event of a glut, prices are not...

GST (Goods and Services Tax) in India

Journey of GST in India from 2000 to 2017: 2000 - A committee was set up to draft the law. 2004 – A task force concludes GST to improve current tax structure. 2006 – Finance Minister proposes GST. 2011 – Constitution amendment bill to enable GST law introduced. 2013--...

Major Schemes and their achievements

Government Sponsored Health Insurance Schemes (GSHISs) Almost 20% of Indian population covered by GSHISs by 2010 (240 million people), expected to reach 50% or 630 million people by 2015 These schemes include RSBY and Rajiv Aarogyasri in AP, Central Government Health...

Social Audit

Social Audit is the process of measuring the performance of various government schemes and public services as against the stated objectives. In short, the social audits help to evaluate the true ground impact of social schemes.   Benefits: Limiting the scope of...

Gramin Swarozgar Yojana (GSY) — self employment

The ministry of rural development has recently incorporated new evidence into the design of a newly proposed scheme, tentatively named the Grameen Swarozgar Yojana (GSY). GSY proposes a diverse framework to achieve poverty-free panchayats through generation of...

Poverty Reduction

Poverty is rarely just a binary state of being poor or not. In reality, the poor may experience anything between destitution, depravation and moderate poverty, and their condition may change from one end of the spectrum to the other over time. The Socio Economic Caste...

NSFQ

The National Skills Qualifications Framework (NSQF) is a competency-based framework that organizes all qualifications according to a series of levels of knowledge, skills and aptitude. These levels, graded from one to ten, are defined in terms of learning outcomes...

STAR Scheme: PM Kaushal Vikas Yojana [PMKVY]

The National Skill Certification and Monetary Reward Scheme, known as STAR (Standard Training Assessment and Reward),was operational between August 2013 and September 2014.   PM Kaushal Vikas Yojana [PMKVY] The objective of this Skill Certification Scheme is to enable...

UDAAN

  Udaan is a Special Industry Initiative for Jammu & Kashmir in the nature of partnership between the corporates of India and Ministry of Home Affairs and implemented by National Skill Development Corporation. The programme aims to provide skills training and...

National Skill Development Corporation (NSDC)

PPP project to skill millions of Indian youth for highly productive labour force to reap the demographic dividend NSQF STAR (Standards training assessment reward) Apprenticeship Act NSDC has launched a comprehensive program to make private sector involved through...

National Skill Development Mission

Skills and knowledge are the driving forces of economic growth and social development for any country.   Problem: India currently faces a severe shortage of well-trained, skilled workers. It is estimated that only 2.3 % of the workforce in India has undergone formal...

New Education Policy in India — TSR Report

Education is the foundation of any modern society. Historically, India has had a strong tradition of promoting both scientific as well as religious learning. Customs such as “guru-shishya” relationship and the excellence demonstrated by Indian engineers, scientists...

Education

Education forms the core of India’s “tryst with destiny”. Our founding fathers and freedom fighters, and even spiritual torchbearers such as Vivekananda and Sri Aurobindo had consistently written about education’s importance in a newly born nation.   Broad Objectives...

Early Childhood Development:

According to WHO, first 6 months of a child’s life are the most vulnerable and important days in respect to mortality as well as later growth. IMR, MMR still high in India -- MDG not achieved IMR: 44 deaths/1000 MMR: 140 deaths per 100,000 Immunization rate in India:...

Food Safety:

Food Safety and Standards Authority of India (FSSAI) has been established to improve transparency in its functioning and decision making. Bio-safety would be an integral part of any risk assessment being undertaken by FSSAI. Standardized Tests for Adulteration to be...