Fiscal Policy Fiscal policy pertains to public revenue (tax and non-tax sources of revenue) and Public Expenditure (Revenue Expenditure and Capital Expenditure). How and from which sources public revenue would be mobilized is one concern of the fiscal policy. The second concern how public expenditure would be allocated to different heads.
2019 2014 DIFF. NDA 353 336 +17 UPA 90 60 +30 MGB 15 5 +10 OTHERS 84 142 -58 A thousand kudos to the BJP, party, that won Lok Sabha elections 2019 by a decisive margin! This would bring to power a stable government for the next five years, thanks to overwhelming majority that people gave to the party in a presidential sort of election in which charisma of
A production–possibility frontier (PPF) or production possibility curve (PPC) is a curve which shows various combinations of the amounts of two goods which can be produced with the given resources and technology, where the given resources are fully and efficiently utilized per unit time. A PPF illustrates several economic concepts, such as allocative efficiency, economies of
Monetary policy of pertains to controlling and regulating money supply and cost borrowing with twin objectives of price stability and economic growth. The monetary authority of all modern economies (countries), typically the central bank, targets an inflation rate or interest rate to ensure price stability and general trust in the currency. The other goals of a monetary policy
The Chief Economic Adviser in the finance ministry Krishnamurthy Subramanian said (April 09, 2019) that the Non Bank Financial Companies are facing the problem of adverse asset-liability mismatch of firms and there are genuine fears that more non-banking financial companies (NBFCs) may default like IL&FS due to a growing liquidity
The political leaders have been doing roadshows in increasingly large numbers. It facilitates an interface between political leaders and their party workers. It also gives people an opportunity for “darshan” (to take a glimpse) of their leader. These may appear as unbeatable positives of “roadshows.” We know that some of
The Election Commission has identified unchecked money power as one of the biggest concerns and has been rooting for capping party and campaign expenditure to ensure a level playing field for all parties and to check the money power visible during every election. The Election commission had recommended amendments to the
“The limits of my language means the limits of my world.” ― Ludwig Wittgenstein Somebody will be able to overcome any encryption technique you use! -Noam Chomsky “Language is my whore, my mistress, my wife, my pen-friend, my check-out girl. Language is a complimentary moist lemon-scented cleansing square or handy freshen-up wipette.” ― Stephen Fry Political