A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product, gross national product, net national income, and adjusted national income
India's Government and the Disparity in EPR Implementation and Ease of Doing ...Harsh Kumar
India's government has made efforts to improve the Ease of Doing Business (EODB) and has been promoting the Electronic Product Recycling (EPR) framework. However, there have been occasional criticisms regarding bias or inconsistencies in the implementation or regulatory aspects of these policies. The government aims to balance economic growth with environmental sustainability, but challenges in execution might lead to perceptions of bias or uneven application.
Breaking Stereotypes, Article on women's inequality, Value of Housewife.pdfHarsh Kumar
A woman is endowed with infinite power, whether she is a
housewife, a working woman, or she manages both roles.
She is able to go above and beyond to fulfill any role she
takes on; he gives his best to what a particular situation calls
for and keeps himself and others around him happy.
Yet there seems to be this never-ending debate in women's minds about
what role to take - housewife, working woman or both! In a world that is
constantly evolving, it is essential that our perceptions and attitudes keep
pace. One of the most significant changes we have witnessed in recent
years is the breaking of stereotypes about the role of women in society.
This transformation is particularly evident in India, a country where
traditional gender roles have been strongly represented for centuries.
India's journey towards recognizing women's equal worth in the
workplace and at home is nothing short of inspiring
Established in the year 2002, Vikramshila Dugudh
Utpadak Sahkari Sangh LTD. in Mayaganj, Bhagalpur is
a top player in the category Milk Dairy in the Bhagalpur.
This well-known establishment acts as a one-stop
destination servicing customers both local and from
other parts of Bhagalpur.
India's Supreme Court, the guardian of justice, has embarked
on a transformative journey, redefining its role in shaping the
nation's governance. Its evolving influence spans across
various critical parameters, from environmental stewardship
and safeguarding fundamental rights to championing public
interest litigation. This redefinition of judicial power is
evident through exemplary cases, recent news, and statistical data.
he Supertech Twin Towers in Noida were demolished today in a massive explosion. Over 3,700 kg of explosives were used to bring the two towers down, resulting in a sea of smoke and debri engulfing the area.
The nearly 100-metre-high towers - taller than Delhi's Qutub Minar - were the tallest structures ever to be demolished in India. Footage shot on a drone shows the twin towers turning to dust within 9 seconds.
One Nation One Ration Card (ONORC) Successfully Implemented in All StatesUTs....Harsh Kumar
Under the ONORC (One Nation, One Ration Card), beneficiaries covered under the National Food Security Act, 2013 (NFSA) can get their quota of subsidised foodgrains from any electronic point of sale device (ePoS)-enabled fair price shops of their choice by using their existing ration cards with biometric authentication
Tata Press Limited vs Mahanagar Telephone-Nigam.pptxHarsh Kumar
This appeal has arisen from a civil suit instituted before the Bombay by the Mahanagar Telephone Nigam Limited (the Nigam) and the Union of India for a declaration that they alone have the right to print/publish the list of telephone subscribers and that the same cannot be printed or published by any other person without express permission of the Nigam/Union of India. A further declaration was sought that the Tata Press Limited (Tatas) have no right whatsoever to print, publish and circulate the compilation called "Tata Press Yellow Pages" (Tata- pages). A permanent injunction restraining the Tatas, their agents and servants from printing and/or publishing and/or circulating the "Tata - Pages" being violative of the Indian Telegraph Act, 1885 (the Act) and the Indian Telegraph Rules, 1951 (the rules) - was also sought from the Court. The City Civil Court, Bombay by its judgment dated August 7, 1993 dismissed the suit. First appeal filed by the Nigam and the Union of India was heard by a learned single judge of the Bombay High Court and the learned judge by the judgment dated April 27, 1994 allowed the appeal, set aside the judgment of the trial court and decreed the suit. Letters Patent Appeal filed by the Tatas was dismissed by a Division Bench of the Bombay High Court by the impugned judgment dated September 8, 1994. This appeal, by way of special leave, is against the judgment of the Division Bench of the High Court upholding the learned single judge.
"Tata Press yellow pages" comprising paid advertisements from businessmen, traders and professionals. We are, however, of the view that the appellants cannot publish any "list of telephone subscribers" without the permission of the telegraph authority. Rule 458 of the Rules is mandatory and has to be complied with. The appellant shall not publish in the "Tata Press yellow pages" any entries similar to those which are printed in the 'white Pages' of the "telephone directory" published by the Nigam under the Rules. We make it clear that the appellant cannot print/publish an entry containing only the telephone number, the initials, the surname and the address of the businessmen, trader or professional concerned.
Article 23 Of Constitution Of India.pptxHarsh Kumar
Article 23 of the Constitution amended in 2014 includes the following provisions: Traffic in human beings and begar and other similar forms of forced labour are prohibited and any contravention of this provision shall be an offence punishable in accordance with law.
Hussainara khatoon v. state of bihar, 1979Harsh Kumar
Hussainara Khatoon & Ors. is a landmark case, decided on 9th March 1979, which provided a wider interpretation for Article 21 and held that speedy trial is the fundamental right of every citizen. It is the most famous case which discusses the human rights of prisoners in India
PM-DevINE: New scheme Prime Minister’s Development Initiative for North-East Region (PM-DevINE) launched to fund infrastructure and social development projects in the North-East.
Vibrant Villages Programme: Vibrant Villages Programme for development of Border villages with sparse population, limited connectivity and infrastructure on the northern border.
Sunrise Opportunities: Government contribution to be provided for R&D in Sunrise Opportunities like Artificial Intelligence, Geospatial Systems and Drones, Semiconductor and its eco-system, Space Economy, Genomics and Pharmaceuticals, Green Energy, and Clean Mobility Systems.
Truth of web portals and apps which is launched by government for farmers this is an article based on my review I don't want to harm any of rights. This article is based on data and analysis
This article is about agriculture relation and income illusion which is created by the government of India this is only my point of view if you like the article please share
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
We all have good and bad thoughts from time to time and situation to situation. We are bombarded daily with spiraling thoughts(both negative and positive) creating all-consuming feel , making us difficult to manage with associated suffering. Good thoughts are like our Mob Signal (Positive thought) amidst noise(negative thought) in the atmosphere. Negative thoughts like noise outweigh positive thoughts. These thoughts often create unwanted confusion, trouble, stress and frustration in our mind as well as chaos in our physical world. Negative thoughts are also known as “distorted thinking”.
2. NATIONAL INCOME
• It is the value of total goods & services produced
in an economy over a given period of time.
• National Income = C + I + G + (X – M)
Where,
C = Total Consumption Expenditure
I = Total Investment Expenditure
G = Total Government
Expenditure
X = Export, M = Import
3. It can be measured by:-
Gross National Product (GNP)
Gross Domestic Product (GDP)
Gross National Income (GNI)
Net National Product (NNP)
Net National Income (NNI)
Per-Capita Income (PCI).
We will discuss in the later slides.
National Income And Its Related Aggregates
Factor Cost.
Market Price.
4. FACTOR COST
• Factor cost refers to the cost of factors of
production viz, rent of land, interest of
capital, interest of capital wages for
compensation of employees for labour and
profit for entrepreneurship.
• FC = MP – Indirect taxes + Subsidies
5. FACTOR COST = LAND + LABOR + CAPITAL + ENTREPRENEUR
(rent) (wages) (interest) (profit)
6. MARKET PRICE
• Market Price is the price that customers
actually pay. It includes the component of
indirect taxes and of subsidies.
Accordingly, when indirect taxes are
deducted and subsides added to the
market price, we get the value of national
income at factor cost.
• MP = FC + Indirect taxes – Subsidies
7.
8. GDP (Gross Domestic Product)
• It is the monetary value of all final goods and services
produced in a country in a year.
• GDP = C + I + G + NX
Where
C = Consumption
I = Investment
G = Government Expenditure
NX = Net Export
• (GDP)MP = (GNP)MP – (X – M)
• (GDP)FC = (GNP)FC – (X – M)
• Where X is the export and M is
import of a country,
9. • Nominal GDP
– It is the market value of all final goods and services
produced within the country.
• Real GDP
– It is a measurement of the value of the output
economy adjusted for price changes.
• GDP Deflator:- GDP deflator is a measure of
inflation and is also called implicit price deflator
10. • GNP (Gross National Product)
– It is the market value of all products and
services produced in one year of a country
(i.e., by labour and property).
– GNP = GDP + X – M.
• Net National Product (NNP)
– It is the value of GNP after deducting
depreciation of plant and machinery.
– NNP = GNP – Depreciation
• National Income (NI) = NNP – Indirect
Taxes + Subsidies
11. Per-Capita Income (PCI)
– It is the average income (per person) of a country.
– Per−Capita Income=National Income
Personal Income (PI)
– It is the income of the residents (individuals) of a
country. To calculate personal income, transfer
payments to individuals are added to national income,
while social security contributions, corporate tax and
undistributed profits are subtracted.
– Personal = National Income + Income Transfer
payments – Social security contributions
+Undistributed profits of Corporate)
12. • Difference between GDP and GNP
– In GDP, goods and services produced in a
country are added, whether it is produced by
residents of the country or foreigners.
– In GNP, the production of foreigners in the
country is not included, while the production
of nationals outside the country is included.
GDP
GNP
NDP
NNP
13. • Disposable Income (DI)
– It is the income of individuals at their disposal after
paying direct tax liabilities.
– Disposable = Personal Income –
income Direct taxes (e.g., Income Tax)
• Green Economy
– This is the economy which deals with the
environmental risks and ecological scarcity and also
an economy that aims for sustainable development
without degrading the environment.
• Green GDP
– It is the calculation of net natural consumption (i.e.,
resource depletion, environmental degradation,
protective and restorative environmental initiatives).
14. PROBLEMS IN CALCULATING NATIONAL
INCOME
• Black Money
– Illegal activities like smuggling and unreported income due to tax
evasion and corruption are outside the GDP estimates. Thus, parallel
economy poses a serious hurdle to accurate GDP estimates.
• Non-Monetization
– In most of the rural economy considerable portion of transaction occurs
informally and they are called as non-monetized economy. This keeps
the GDP estimates at lower level than the actual.
• Growing Service sector
– Many Services like BPO, value addition in legal consultancy, health
services, financial and business services and service sector as a whole
is not based on accurate reporting and hence, national income is
underestimated.
• Double Counting
– It is also a hurdle to accurately measure GDP estimates. Though, there
are some corrective measures, but it is difficult to eliminate it.
15. UPSC PREVIOUS YEAR QUESTIONS
1. The national income of a country for a given period is equal to
the __? (CSE 201) 3
a) Total value of goods and services produced by the nationals
b) Sum of total consumption and investment expenditure
c) Sum of personal income of all individuals
d) Money value of final goods and services produced
2. In the context of Indian economy, consider the following
statements. (CSE 2011)
1. The growth rate of GDP has steadily increased in the last five
years.
2. The growth rate in per capita income has steadily increased in
the last five years.
Which of the statements given above is/are correct?
a) 1 only
b) 2 only
c) Both 1 and 2
d) neither 1 nor 2
16. UPSC PREVIOUS YEAR QUESTIONS
3. Which of the following pairs about India’s economic indicator and
agricultural production (all in rounded figures) are correctly
matched? (CSE 2008)
1. GDP per capital : Rs. 37,000 Current prices
2. Rice : 180 million tons
3. Wheat : 75 million tons
Select the correct answer using the code given below
a) 1, 2 and 3
b) 1 and 2 only
c) 2 and 3 only
d) 1 and 3 only
ANSWERS:
1. (d) 2. (a) 3. (d)