Public-Private Partnership: An increasing number of governments are turning to the private sector to provide services hitherto delivered by the public sector. The motives for pursuing public-private partnerships vary from fiscal opportunism, simply seeking to replace public finance with private finance, to genuine desire to seek lower costs both for taxpayer... .Read more
Updated on 16 August, 2019 GS3 Economy
Economic Reforms in India commenced during the year 1985 after Rajiv Gandhi took over as Prime Minister. The Prime Minister in his first national broadcast said: The public sector has entered into too many areas where it should not be. We shall open the economy to the private sector in several areas hitherto restricted to it. Consequently, a number of measur... .Read more
Latest Current Affairs in August 2019 about Employment and Labour Reforms. To capitalize on its demographic dividend, India must create well-paying, high productivity jobs. Comprehensive modernization of agriculture and allied sectors are needed urgently Share of India’s total workforce This suggests a significant number of workers, curre... .Read more
Food processing industries are major industries in developed countries. In developing countries, it is in the growing stage. The food processing industries include cereals, pulses, oilseeds, bakery, horticultural crops, livestock, and aquacultural produce, etc. Now food is a global commodity and hence its processing industries will play an important role in ... .Read more
About the POCSO Bill: Anubhav Kumar, an Assistant Professor, and researcher in Law, at the National University of Study and Research in Law, Jharkhand, provides a critical analysis of the Protection of Children from Sexual Offences (Amendment) Bill, 2019. He suggests emphasizing more on the criminal justice administration than the death sentence. POCSO Ac... .Read more
Updated on 14 August, 2019 GS3 Security
RBI has cut the repo rate and reserve repo rate by 35 basis points (bps). A basis point (BPS) is a common unit of measure for interest rates and one basis point is equal to 0.01% This is the fourth time in a row that the RBI has cut the repo rate starting from February 2019. RBI reduced the key policy rates by 25 bps each time in the three previous monetary ... .Read more
Updated on 13 August, 2019 GS3 Economy
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