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An Unemployment or Joblessness

Unemployment or joblessness occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment...
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Disinvestment

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14th Finance Commission

The Finance Commission of India came into existence in 1951. It was established under Article 280 of the Indian Constitution by the President of India. It was formed to define the...
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Elements of Economics

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The Goods and Services Tax (GST)

Goods and Services Tax (GST), a value added tax, is collected at all points in the supply chain. In this particular tax, credit is...

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RuPay

RuPay is an Indian domestic card scheme conceived and launched by the National Payments Corporation of India (NPCI). It was created to fulfill the Reserve Bank of India’s desire to have...

Privatization

Privatization is the process of transferring ownership of a business, enterprise, agency, public service, or public property from the public sector (a government) to...

Bullet trains: Yay or Nay?

What are bullet trains? Bullet trains are basically high speed rail trains that go over speeds of about 250-300 kilometres per hour. It is named...

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Planning Commission

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The Planning Commission is an institution in the Government of India, which formulates India's Five-Year Plans, among other functions. It is located at Yojana...

Indian Railways

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Indian Railway is an Indian state-owned enterprise, owned and operated by the Government of India through the Ministry of Railways. It is one of the world's largest railway networks....

Money Market

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As money became a commodity, the money market became a component of the financial markets for assets involved in short-term borrowing, lending, buying and...

The Industrial Revolution

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The Industrial Revolution was a period from the 18th to the 19th century where major changes in agriculture, manufacturing, mining, transport, and technology had a profound...

Maharatna Companies in India

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Maharatna title to Central Public Sector Enterprise is granted to selected high valued companies with an objective to delegate ample power and authority to...

Structure of International Monetary Fund (IMF)

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To achieve its purpose, the International Monetary Fund (IMF) has the code of economic behaviour for its members. It makes financing available to members in balance-of-payments...

Important Funding Agencies of the World

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World Bank It is an international financial institution that provides loans to developing countries. Motto of this organization is “Working for a World Free of...

Highlights of Budget 2019 (Interim)

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To read highlights of the Full Budget tabled by Finance Minister Nirmala Sitharaman on 5th July 2019 Click Here The government introduced the interim budget...

The International Monetary Fund (IMF)

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Along with the World Bank, the International Monetary Fund was founded in 1944 at a conference held in Bretton Woods, New Hampshire. It is...

Economics

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An economy is a system for allocating resources to meet people's needs and wants. It determines how goods and services are made and exchanged....

Transport in India

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A well known and coordinated system of transport plays an important role in the sustained economic growth of a country. The present transport system...

Civil Aviation of India

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The Ministry of Civil Aviation is responsible for the formulation of national policies and programmes for development and regulation of civil aviation and for...
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