MPSC Paper IV- Economic development and agriculture Archives - Page 2 of 3

Importance of Agriculture in National Economy – Causes of low productivity – Government policies, schemes and programmes for agriculture production and developments such as land reforms and land utilisation

Indian Agriculture Mainstay of Indian Economy Since independence, undergone a change from being the sector contributing the highest share to the GDP to one contributing the lowest share. Agriculture is a state subject. GDP contribution (Agriculture and allied sector) 5 pc in 1950-51 7 pc in 2008-09 and 14.6 pc in 2009-10. It was 19 … Read more

Agriculture pricing- components, factors affecting prices of various Agriculture produces

Agricultural prices cover prices of agricultural products (output prices) and prices of requisites for agricultural production (input prices) at various stages of marketing. The structure of Indian agricultural marketing system consists of: Agricultural Co-operative Marketing Societies; Regulated Markets; Public Trading and Futures Trading. Commission for Agricultural Costs and Prices (CACP) while recommending the minimum support prices … Read more

Problem of rural indebtedness, Agriculture credit- need, importance and Financial Institutions involved therein. NABARD and Bhu-Vikas Bank.

68.84% of the population in India is rural based and majority of them depends on agriculture for a living. Enhanced and stable growth of the agriculture sector is important as it plays a vital role not only in generating purchasing power among the rural population by creating on-farm and off-farm employment opportunities but also through … Read more

Calorific value of foods and its measurement, Energy and nutrient needs of human body for better health and balanced diet – common nutritional problems in India and its causes and effects, Govt. Policies, schemes, programs such as PDS, Food for work, Mid- day Meal Scheme and other nutritional programs. Proposed Food Security Act.

Food and Human Health : General Awareness of Balanced and Unbalanced Food Food has been a basic part of our existence. By knowing the food composition , the nutritional content of food is known. Intake of food ensures growth in children and youth, maintains good health throughout life, meets special needs of pregnancy and lactation … Read more

Agriculture Marketing – present status, Value added products. Role of Govt and its institutes in agriculture marketing. (APC, APMC, etc.)

Agriculture marketing Agricultural Marketing, rather than production, is the key driver of the agriculture sector today, thanks to the new market realities posed by the increasing accent on globalization, liberalization and privatization of the economy. Market-driven production is an idea whose time has come. With the gradual shifting of agricultural system from subsistence to commercial … Read more

Problems and issues of storage, procurement, distribution, import and export of food

Storage The agricultural sector in India accounts for about 14% of GDP and 10% of export earnings. India’s arable land area of 159.7 million hectares (394.6 million acres) is the second largest in the world, after the USA. Its gross irrigated crop area of 82.6 million hectares 9215.6 million acres) is the largest in the … Read more

Small and cottage industries

Cottage and Village industries in India problems and prospects Cottage Industry is a form of small scale industry where the productivity of the good£ takes place in the houses of the workers, and the workforce include the members of the family. The equipment’s used to generate products are not the hi-tech ones but generally those … Read more

Liberalisation and its effects on Indian industries

The leading economists of the country differ in their opinion about the socioeconomic and ecological consequences of the policy of liberalisation.Liberalization has led to several positive and negative effects on Indian economy and society. Some of the consequences of liberalisation have been briefly described here: 1. Increase in the Direct Foreign Investment: The policy of liberalisation … Read more

base money -high- power money – quantity theory of money

Base money Standard macroeconomic texts teach about different levels of monetary aggregates. The simplest of these is the base-money stock. Banks accept base money as deposits and lend out a significant portion of it. In exchange, the banks offer the depositors claims to base money. These claims tend to circulate as media of exchange so … Read more

Macro Economics: Methods of national income accounting. Functions of money

Macroeconomics Macroeconomics is the branch of economics that deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy, instead of focusing on individual markets. In macroeconomics, economy-wide phenomena are examined such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment. Methods of … Read more