Economy Basics for Mains

There are two key parameters that the government and private sector analysts use to gauge the level of activity in

The Cabinet Committee on Economic Affairs (CCEA) has approved continuation of Urea Subsidy Scheme from 2017 upto 2020 and implementation

What is CRR? It is money that banks park with the RBI for free, without receiving any interest on it.

What is PFMS? PFMS is an electronic fund tracking mechanism It compiles, collates and makes available in real-time, information regarding

The Union Government has decided to introduce Direct Benefit Transfer (DBT) system for fertilizer subsidy payments. Under the proposed system,

What is debt write off?  For example, you made a sale on credit to a customer, but two weeks later

Critically comment why decontrol of urea prices, fewer subsidized cylinders a year and withdrawal of kerosene from the public distribution

GDP is an economic average of income and thus it has its flaws. SPI intends to fulfil the gaps which