India started its journey for growth and development as a planned economy. The efforts for planning in India started even before independence. When India became free, it formally adopted Five year Plans for the development of Indian economy. The first Prime Minister of India Pd. Jawaharlal Nehru is known as “father of Planning” in India […]
India won ICC U-19 Cricket World Cup final by defeating England by four-wickets to win the at the Sir Vivian Richards Stadium in Antigua on February 5, 2021. It was also a record-extending fifth U-19 title for India. India chased down a target of 190 runs in 47.4 overs, reaching 195 for six. Nishant Sindhu […]
For second year running, the Economic Survey was written under the cloud of the Covid-19 pandemic. These have been difficult times for the world economy. It is not just about the immediate disruptions and uncertainty caused by repeated waves of the pandemic, but also the longer-term uncertainty about the post-Covid world due to accelerated shifts […]
The budget consists of information about total revenue receipt of the government and its sources. It shows total expenditure of the government and different heads of expenditure. I contains information on resources transferred to states and Union Territories. It also tells us information about allocation for government programmes and schemes. It also tells us […]
What is cryptocurrency? A cryptocurrency is a digital or virtual currency. It is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. The cryptocurrencies are generally not issued by any central authority, so governments do not have any control […]
GST is one indirect tax for the whole nation, which will make India one unified common market. GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which […]
The Padma Awards are conferred by the President of India at ceremonial functions which are held at Rashtrapati Bhawan usually around March/ April every year. In 2022, the President has approved conferment of 128 Padma Awards including 2 duo case (in a duo case, the Award is counted as one) as per list below. The […]
Jamsetji Tata– Tata Group founder Jamsetji Tata emerged as the world’s biggest philanthropist in the last century by donating $102 billion, as per a list of top 50 givers prepared by the Hurun Report and EdelGive Foundation. Tata is the only Indian in the top 10 of the list. The only other Indian among the […]
The Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2021-22 in Parliament on January 31, 2022. The highlights of the Economic Survey are as follows: State of the Economy: Indian economy estimated to grow by 9.2 percent in real terms in 2021-22 (as per first advanced estimates) subsequent to […]
