Page-5 of GS-III: Economic Development

India’s Tax-GDP Ratio: Current Figures and Trends

Tax-to-GDP Ratio is obtained by dividing the GDP by gross tax collection. It’s an indicator of government income and is shown as percentage of GDP. Higher tax-GDP ratio also denotes higher equitable distribution of national income. India’s Tax-GDP Ratio In ..

Public Sector Asset Rehabilitation Agency (PARA)

The Public Sector Asset Rehabilitation Agency (PARA) colloquially called “Bad Bank” is a proposed agency to assume the Non-Performing Assets (NPA) of public sector banks in India and to deal with the recovery of the bad loans. This agency has ..

India’s Cash-to-GDP Ratio

Cash-to-GDP Ratio or Currency in Circulation (CIC) to GDP Ratio or simply currency-to-GDP ratio shows the value of cash in circulation as a ratio of GDP. Implications of higher Cash-GDP Ratio There are two dimensions of cash viz. its function and its nature / origin. ..

Economic Survey 2016-17: Observations on Demographic Dividend

Demographic Dividend refers to a demographically linked economic boost caused by a rise in the working age population {15-59 years or in some cases 15-64 years} and consequent drop in the dependency ratio. A country is expected to reap the ..

Trade-GDP Ratio: Meaning and India’s Ratio

The trade-to-GDP ratio is obtained by dividing trade over a period by GDP of same period. It is expressed as percentage of GDP. It is also used as a measure of openness of an economy and thus is called trade openness ratio. ..

Credit Expansion: Meaning, Role and India’s Credit-GDP Ratio

Credit means loan and credit expansion means that people are taking more loans. The increase in loans for the private sectors, individual, and public organisations is credit expansion. Credit to GDP ratio is seen as an indicator of credit expansion ..

Total Social Financing (TSF)

Total Social Financing (TSF) is a liquidity measurement tool used in China since 2011. It has become prominent in recent times as a measure of monetary policy in that country. It sums up total fund raising by the non-state entities ..

Economic Survey 2016-17: Chapter-14: From Competitive Federalism To Competitive Sub-Federalism: Cities As Dynamos

In this chapter, the survey has focussed on “urbanization” and “competitive sub-federalism” with respect to cities and districts of the country. It has also discussed the challenges faced by Urban local bodies. The summary of this chapter is as follows: ..