Law of Supply, Demand, Marginal Utility, Giffen Goods: UPSC
Law of Supply, Demand, Giffen Goods, Demand Supply curve, etc are important concepts of Economics for UPSC. Revise till you understand them fully
General Studies III
LPG Reforms or Economic Reforms of 1991 | UPSC
Economic reforms of 1991 or the LPG reforms were initiated under the directions of the International Monetary Fund. The leadership to LPG reforms was given by PM PV Narasimha Rao and then Finance Minister Manmohan Singh. International monetary fund IMF was set up in 1944 to bailout the countries that had depleted their forex reserves. …
Budget 2020: Steps for Doubling Farmers Income
Agriculture sector has been struggling to gain momentum as the growth rate slipped to 2.7% in 2018-19 compared to 5% in 2017-18. In order to attain the goal of doubling of farmers’ income, the focus is to not only address agriculture related issues but also to promote and support allied farming activities, such as animal …
UPSC Notes: Sendai Framework for Disaster Risk Reduction
Sendai Framework is a guiding plan for disaster risk management for the period of 2015-30 with 7 targets and 4 action priorities. It is the successor to erstwhile Hyogo Framework for Action. In my previous post I had summarized the Disaster Management chapter of 2nd ARC Report. Voluntary and non-binding The state has the primary …
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Disaster Management: 2nd ARC Report Summary
Disaster Management forms a distinct part of the syllabus of General Studies III as well as Geography optional Paper II. In the current scenario where climate change has already set in and the frequency and intensity of natural disasters are increasing, this topic assumes supreme importance. Disaster Managemnet, thus, is a must know for all …
Environmental Protection: TSR Subramanian Committee Recommendations
Environmental protection is one of the major global challenges. It is a bigger challenge for India as we are still developing and inevitably development is done at the cost of environment. What? The Ministry of Environment, Forests & Climate Change had appointed the High Level Committee (HLC) to review the following Acts administered by the …
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