Economic Survey 2014-15: Some Highlights
Economic Survey 2015-15
A) Macroeconomic fundamentals have dramatically improved in 2014-15
- Inflation has declined by over 6 percentage points since late 2013
- Current Account Deficit down from a peak of 6.7% of GDP (in Q3, 2012-13) to an estimated 1% in 2014-15
- Foreign portfolio flows have stabilized the rupee
- After a nearly 12-quarter phase of deceleration, real GDP has been growing at 7.2% since 2013-14, based on the new growth estimates of the
News for March 1, 2015
Important News from The Hindu:
[Important for: Prelims/Mains- Politics, Polity, Gevernance]
[Important for: Prelims/Mains- Politics, Polity, Gevernance]
[Important for peripheral vision from Sunday magazine ]
[Important for peripheral vision from Sunday magazine ]
Editorials You should read:
Union Budget 2015: An Overview
The Union Finance Minister Arun Jaitley presented his first full-fledged Budget of Prime Minister Narendra Modi’s government on February 28, 2015. The Union Budget suggested that States must be equal partners in economic growth, a move is must for making India cashless society and social sector programmes must be continued. Some of the challenges are to be met i.e. poor agricultural income, decline in manufacturing and the need for fiscal discipline. By doing this there will be a boost in investment and ordinary people get benefit.
Sector-wise highlights of Union Budget 2015
TAX BENEFITS FOR INDIVIDUAL BELOW 60 YEARS
FIBRE-OPTICS AND COMMUNICATIONS [Part-I]
With the technological advancement of the world towards progress and modernisation, there is a strong need of fast and uninterrupted communication. Thin hair-like optical fibres are continuously playing an extraordinary role in the growth of world-wide communication. They are spreading like neurons over the whole planet connecting people to communicate among each other within seconds irrespective of the distance between them and making life easier and faster.
WHY ARE OPTICAL FIBRES SO GOOD FOR COMMUNICATIONS? Read More…
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