Global Alliance Against Hunger and Poverty was officially launched at the G20 Leaders’ Summit in Rio de Janeiro (Brazil). It aims to accelerate efforts to eradicate hunger and poverty while promoting the Sustainable Development Goals (SDGs). 1. The Alliance, established over the course of a year through extensive dialogues, brings together developed nations, NGOs, and […]
Global Alliance Against Hunger and Poverty Read More »
Self-employed workers are those workers who, working on their own account or with one or a few partners or in cooperative, hold the type of jobs defined as a \”self-employment jobs.\”
Self-Employment in India Read More »
Rural-urban migration, primarily push migration, resulting in increase in urban poverty, proliferation of slums and squatter settlements in India.
How rural-urban migration contributing to urban poverty? Read More »
It\’s the sum of value of all final goods and services produced by the nationals of a country in a year
Gross National Product(GNP) Read More »
Gross value added (GVA) is the value addition done to a product resulting in the production of final product.
Gross Domestic Product (GDP) is the total value of products produced in the country.
Gross Value Added (GVA) Method of GDP Read More »
It is the sum of the value of all final goods and services produced in a country in a financial year or accounting year.Note: The financial year in India begins on 1st April and ends with 31st March, commonly referred as FY. Formula to compute GDP: Y = C + I + G + X
Gross Domestic Product(GDP) Read More »
Basic Good: Basic good which itself may not have utility but other good derived from it have that utility. For example, cotton / textile is a basic good because apparels made from it has utility. In other sense, bulk or raw material produced in agriculture, manufacture or construction used for further production of new items.
Intermediate Goods Vs Final Goods Read More »
The Economic Survey for 2023-24 questioned the merits of India’s inflation targeting regime, which aims at a headline inflation rate of 4% with a band of 2% on either side. It mused aloud whether a regime that targets inflation, excluding food prices, would be more appropriate in the Indian context, especially given the unintended effect
Should RBI target Core Inflation or Headline Inflation Read More »
