Page-2 of Indian Economy
Priority Sector Lending
In the first week of September, 2020, the Reserve Bank of India has revised the Priority Sector Lending norms. As per the new guidelines, loans up to Rs. 50 Crore for startups in agriculture and MSME sector would be given ..
Gross Domestic Product
Understanding the Concept of GDP The money value of all the final goods and services produced in the domestic territory of a country in a year’s time is called the Gross Domestic Product. The domestic territory includes the political boundary ..
Stagflation
Stagflation refers to persistent high inflation coupled with high unemployment and stagnant demand /growth in economy. High Inflation + Low Economic Growth {or conditions of recession} + Low Employment Generation = Stagflation Stagflation generally occurs because recession reduces demand for ..
Exchange traded funds (ETF)
Exchange Traded Funds (ETFs) are essentially index funds that are listed and traded on exchanges like stocks. They track indexes like the Nifty, Sensex, or the banking index. When we buy units of an ETF, we are buying shares of ..
Key Concepts in Macroeconomics
Macroeconomics is a branch of economics that focuses on the study of the overall economy. It analyzes economic aggregates, such as the total output of goods and services (Gross Domestic Product or GDP), the overall price level, and the unemployment ..
Pradhan Mantri Adarsh Gram Yojana (PMAGY)
Pradhan Mantri Adarsh Gram Yojana (PAGY) is a flagship scheme of the Government of India that was launched in 2010 for integrated development of model villages across the country. The aim is to develop villages that have a substantial Scheduled ..
India’s Balance of Trade
India’s balance of trade (BOT) – the difference between the value of its exports and imports – provides important insights into the country’s economic health and global trading relationships. Latest Data and Historical Trends As of September 2022, India’s trade ..
Agroclimatic Regions in India
India’s vast geography is divided into 15 agroclimatic regions based on factors like soil, climate, rainfall, and water availability. Each region has unique features that lend themselves to certain crops and development opportunities. Western Himalayan Region The Western Himalayan region ..