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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...

Disinvestment

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...

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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FVCI : Foreign Venture Capital Investors

The K.M. Chandrasekhar Committee on Rationalisation of Investment Routes and Monitoring of Foreign Portfolio Investments, in its draft guidelines released on June 12, 2013,...

TRADE AND INDUSTRY

1. According to the final data of Census 2011 the total population at 0-00 hrs. of March 1, 2011 stood at— (A) 1209-6 million (B) 1210-2...