by Team Spectrum Books | Sep 6, 2022 | Economy
The holy city of Haridwar, Uttarakhand, has been declared as the best aspirational district of India by the NITI Aayog. Haridwar has secured first rank in basic infrastructure theme, and has become entitled to receive an additional allocation of Rs 3 crore from the...
by Team Spectrum Books | Sep 6, 2022 | Economy
A yield curve is a line that is obtained by plotting term to maturity on the x-axis and the yield on the bonds having equal credit quality on the y-axis. The slope of the yield curve gives an idea of future interest rate changes and economic activity. Thus, a yield...
by Team Spectrum Books | Aug 30, 2022 | Economy
The government of India constituted a committee on minimum support price (MSP), natural farming, and crop diversification, in July 2022, to make MSP more transparent and effective, and to propose measures to promote zero-budget natural farming and crop diversification...
by Team Spectrum Books | Aug 28, 2022 | Economy
India’s trade deficit has risen to a record US$ 31.02 billion in July 2022. This is mainly because of decrease in merchandise exports and sharp rise in India’s imports. There is a three-fold increase in the trade deficit from US$ 10.63 billion trade deficit, reported...
by Team Spectrum Books | Aug 17, 2022 | Economy
Goods and Services Tax (GST) was introduced in 2014 and came into effect in 2017. It subsumed various central indirect taxes including central excise duty, countervailing duty, service tax, state VAT, octroi, luxury tax, etc. GST Council conducted its 47th meeting in...
by Team Spectrum Books | Aug 3, 2022 | Economy
—By Charu Latha The Department of Food and Public Distribution allocates food grains to states and union territories under the Targeted Public Distribution System (TPDS) and other schemes. To make food security a legal right, the government enacted National Food...
