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Pratiyogita Darpan Extra Issue Series-1 Indian Economy PDF

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21 From the Desk of the Author 22 Indian Economy : A Few Facts : At A Glance 32 Important Facts Related to Indian Economy Some Aspects of Indian Economy 81 Underdeveloped Country 81 Salient Features of Indian Economy 82 Important Infrastructural Components in India 83 India Replaces Japan as World’s 3rd Largest Economy 83 Nature of Unemployment in India 85 Human Development Report–2014 87 Unemployment Among Educated Youth is Rising 87 New Poverty Line : 32 in Villages, 47 in Cities 88 Poverty in India 89 Inequality in India 89 India Human Development Report-2011 90 Guidelines Changed for New BPL Census 91 Urban Indians Spend 84% More than Villagers : NSSO 91 India Placed at 63rd Rank in Global Hunger Index 2013 92 Planning Commission to Announce Block- level Poverty Estimates 92 8.8 million Households Live in Urban Slums : NSSO 92 Multidimensional Poverty Index Mineral Resources of India 95 9.2 mt Uranium Ore Found in Meghalaya 96 Mineral Policy 1993 97 The Mines and Minerals (Development and Regulation) Bill, 2011 97 National Mineral Policy 2008 97 Commercial Sources of Energy 97 ITER Project 98 Non-conventional Sources of Energy 98 Jawahar Lal Nehru National Solar Mission (JNNSM) 99 Power Generation in India 100 CEA Targets 88,537 MW Addition in 12th Plan (2012–17) 100 Planwise Power Generation Achievements Fall Short of Target 100 Ultra Mega Power Projects (UMPPs) 101 REC Seeks German Loan for Green Power Projects Forest Resources of India 101 State Forest Report, 2011 National Income of India 102 Concepts of National Income 103 Provisional Estimates of National Income 2013-14 104 ADB Pegs India’s GDP Growth Rate at 5·5% for 2014-15 104 FICCI Projects 5·5% Growth in 2014-15 105 World Bank Pegs India’s Growth at 5·5% in 2014-15 105 Fiscal Deficit Narrowed to 4·47% of GDP in FY 2014 105 Methods of Measuring National Income 106 Estimates of National Income in India 106 PMEAC’s Economic Outlook 2013-14 Population 107 Population Touches 1·21 billion Level but Growth Rate Declines in Census 2011 108 Census 2011 : Some Facts 108 Cabinet Approves Caste Census Process 111 Final Population Data 2011 Released 112 National Commission on Population 113 India’s Population at a Glance : 2011 (Final Population) 113 Population Policy 2000 114 Occupational Classification 115 UN Project 9.6 billion World Population by 2050 115 Gender Disparities Declined in India 116 India Registers Decline in Infant Mortality Rate 116 The World will have More Indians than Chi- nese by 2028 116 Family Welfare 117 Projected Indian Population Scenario After 20 Years 117 National Rural Health Mission (NRHM) 118 National Urban Health Mission Launched Econ. / 4 Agriculture 120 4th Advance Estimate of Foodgrains Figures at 264·77 MT 120 Minimum Support Price of Agriculture Pro- ducts 120 More Agencies Allowed to Procure Pulses and Oilseeds 121 Macro Management of Agriculture 121 Minimum Support Price for Kharif Crops 2014 121 Rabi Crops MSP (Marketing Year 2014-15) Announced 121 Net Availability & Per Capita Availability of Foodgrains 122 Sugarcane FRP Raised for 2013-14 122 Food Management in India 123 Organic Farming 123 Major Crops and their Seasons 123 Horticulture 124 Rashtriya Krishi Vikas Yojana (RKVY) 124 Agriculture Mechanisation 124 Land Use 125 Plantation Sector 125 Commercial Crops 125 23 Agricultural Commodities Exempted from Transaction Tax 126 Kisan Call Centres 126 Computerisation of Land Records 126 Land Reform Programmes 127 TRIFED 127 NAFED 127 ISOPOM 127 Agriculture Marketing 128 Agriculture Holdings 128 National Agricultural Insurance Scheme (NAIS) 1999-2000 128 New National Agricultural Policy 129 Modified National Agricultural Insurance Scheme (MNAIS) 129 Krishi Shramik Suraksha Yojana 129 Crop Insurance 129 Farm Income Insurance Scheme 130 Green Revolution in India 131 Field Trials of GM Crops Allowed 131 Coconut Palm Insurance Scheme (CPIS) 131 Seed Sector 132 Seed Crop Insurance 132 Seed Bank 132 White Revolution and Operation Flood in India 132 Animal Husbandry and Dairy : Highlights 133 Fisheries Sector 133 First Robotic Dairy Plant Opened by Amul 133 Yellow Revolution 134 Use of Fertilizers 134 Fertilizer Consumption 134 Rainfed Agro-Ecologies 134 Irrigation 135 National Rainfed Area Authority (NRAA) 135 Command Area Development & Water Man- agement Programme (CADWMP) 136 Agriculture Credit 136 Agriculture Exports 137 Agriculture Trade : WTO Agreements 137 Flow of Agricultural Credit 137 Interest Subvention Scheme 137 Kisan Credit Card Scheme 137 National Policy for Farmers 2007 138 National Food Grid on Cards to Help Ease Prices, Cut Wastage Industry 138 New Industrial Policy 139 Investment in Industrial Sector 139 New Policy for Small Industries 140 Wide Range Covered in New IIP with Base 2004-05 141 Micro, Small & Medium Enterprises (Present Performance) 142 24% Investment Cap on SSIs Removed 143 Credit Guarantee Fund Scheme for Micro and Small Enterprises 143 Technology Upgradation in MSME Sector 143 Rajiv Gandhi Udyami Mitra Yojana (RGUMY) 143 India Inclusive Innovation Fund 144 Credit Flow to Industrial Sector 144 Annual Survey of Industries for 2010-11 144 Agro & Rural Industries 145 National Manufacturing Policy 145 National Manufacturing Competitiveness Programme 145 Cotton and Textiles Industry 147 National Textile Policy 2000 148 TUFS Extended to 12th Plan with Double Allocation 148 Iron and Steel Industry 149 Sugar Industry 150 Cabinet Approves De-Control of Sugar 150 Fertilizer Industry 151 Cement Industry 151 Jute Industry 151 Paper Industry 152 Coal Industry 152 Tourism Industry 153 Sericulture and Silk Industry 153 Gems and Jewellery Industry 153 Leather Industry 154 Automobile Industry 154 Chemical Industry 154 Petroleum Industry 155 Refining Capacity in India 156 Marketing and Distribution of Petroleum Products 156 Coal Bed Methane 157 India Hydrocarbon Vision 2025 157 Green Fuels 157 More Power to Maharatna and Navratna PSUs for Overseas Buyouts Econ. / 6 157 ‘Maharatna’ and Navratna Companies 158 Mini Ratna Scheme 158 Industrial Sickness 158 Central Public Sector Enterprises (CPSEs) 159 Committee on Public Undertakings 159 New Competition Act, 2013 159 Competition Commission of India Becomes Operational 160 CCI’s Approval Required for Companies Mergers and Acquisitions 160 Disinvestment in Public Sector Undertaking 160 Multinational Corporations 160 Industrial Finance 161 National Labour Commission Money and Banking 163 Meaning and Organs of Money Market 163 Different Stages of the Development of Indian Banking 164 Reserve Bank of India 165 RBI Decides to Circulate ‘Plastic Notes’ 165 RBI to Withdraw Bank Notes Issued Prior to 2005 166 Composition of Banking System in India 166 Quantitative and Qualitative Credit Control 166 Ordinance Released for Removing Minimum Ceiling of Statutory Liquidity Ratio (SLR) 167 Selective Credit Control 167 RBI takes Steps to Tighten Liquidity 167 Priority Sector Lending 168 Report on Trend and Progress of Banking in India : 2012-13 168 RBI’s Bi-yearly Financial Report 169 RBI’s Fresh Norms to Support Banks 170 Differential Rate of Interest Scheme 170 New Strategy for Rural Lending : Service Area Approach 170 RBI Recommends for Reducing Govt. State in Banks 171 RBI for More Transparent Pricing of Loans 171 RBI’s Policy Intervention 172 Another Bank’s ATM Use becomes Restricted 172 RBI’s Monetary Policy Review (on August 5, 2014) 171 RBI Directs Banks to Cap Cash Deposit Charges Maximum at 5 172 Commercial Banks 173 Govt. Directs Banks to Serve Rural Areas with ‘Ultra Small’ Branches 173 Associate Banks in SBI Group 173 RBI Notifies Final Guidelines on Bad Loans for NBFCs 174 RBI Relaxes Branch Opening Norms in Tier- II Cities 174 IDFC, Bandhan Get ‘In–Principle’ Approval to Set-up Banks 174 BASEL-III became Effective w.e.f. January 2013 175 RBI Makes Banks Free to Fix Base Rates from July 1, 2010 175 Cheques/Drafts Valid for 3 Months Only 175 Govt. Must Reduce Stake in Public Sector Banks to Below 50% : Nayak Committee Re- port 176 RBI Provides Bank Relief on Bad Debt Provi- sion 176 Public Sector Bank’s Bad Debts Hit 9-Year High 176 Government Buys RBI’s Entire Stake in SBI 177 Micro Finance Bill 2012 177 Classification of Commercial Banks 177 First Bharatiya Mahila Bank Inaugurated 178 License Guidelines for Payment Banks & Small Banks Released 178 Parliament Approves Banking Amendment Bill 2012 178 RBI Eases Financing Norms for Infra and Af- fordable Housing 179 Salient Features of Banking Laws (Amend- ment) Bill, 2012 179 Foreign Bank’s Operation in India 179 Indian Banks Abroad 180 Banks can Now Appoint NBFCs as Business Correspondents 180 RBI Paves Way for Corporate India to Enter Banking Sector 180 Establishing Local Area Banks in Private Sector Allowed 180 Co-operative Banks 181 District Central Co-operative Bank (DCCB) 181 Government Asks Public Sector Banks to Open ‘Minority-Favouring’ Branches 181 Regional Rural Banks 182 Bill Introduced in Parliament to Raise Autho- rised Capital of RRBs 183 Financial Inclusion Agenda of RRBs 183 Non-Banking Financial Institutions (NBFIs) 183 Non-Banking Financial Companies (NBFCs) 183 Banking Ombudsman Scheme 183 Capital Adequacy Ratio Standards for Banks and Non-banking Financial Institutions 184 Debt Recovery Tribunals 184 Recovering Debts of Banks and Financial In- stitution 184 Technological Developments in Banks 184 Agriculture and Rural Debt Relief Scheme (1990) 184 Damodaran Committee Submits Report on Reforms in Banking Services Econ. / 8 185 D-SIBs : RBI Issued Tighter Regulatory Norms 185 Report of Financial Sector Legislative Reforms Commission 185 Proposed Functions of Regulatory Bod- ies Envisaged by FSLRC 186 Banking in India 186 Major Recommendations of the High Level Committee on Agricultural Credit through Commercial Banks 187 Capital Market 187 Joint Parliamentary Committee 187 MIBOR and MIBID : Two New Reference Rates of National Stock Exchange 187 Chandrashekhar Committee’s Recommenda- tions on Transfer of Shares 187 Two New Share Price Indices for Mumbai Share Market 187 Commodity Futures Market 188 Commodity Exchanges of India 189 BSE Launches ‘Shariah Index’ 189 Universal Commodity Exchange Becomes India’s 6th Commodity Exchange 189 Securities and Exchange Board of India (SEBI) 189 Approved Stock Exchanges in India 190 Decisions taken by SEBI for Ensuring a Healthy Capital Market 191 BSE Launches Index-based Circuit Breaker System 191 SEBI Adopts Measures to Boost Primary Mar- ket 192 SEBI Raises Retail Investors Investment Limit 192 RBI Favours to Implement Mistry Report in Phases 192 Depository System in India 193 Computerised ‘Online Trading’ in Share Markets 193 New Share Market MCX-SX Becomes Operational 193 Rajeev Gandhi Equity Saving Scheme Launched 193 Working Group’s Report on Development Finance Institutions 193 Industrial Development Bank of India (IDBI) 194 Small Industries Development Bank of India (SIDBI) 194 SIDBI (Amendment) Bill 2012 Tabled in Par- liament 194 Industrial Finance Corporation of India Ltd. (IFCI) 194 Industrial Credit and Investment Corpora- tion of India Bank (ICICI Bank) 195 National Equity Fund Scheme 195 Industrial Investment Bank of India Ltd. (IIBIL) 195 State Industrial Development Corporations (SIDCs) 195 State Finance Corporations 195 Unit Trust of India (UTI) 196 Export-Import Bank of India (EXIM Bank) 196 RBI Provides 5,000 crore Refinance Win- dow for EXIM Bank 196 National Housing Bank (NHB) 197 National Bank for Agriculture and Rural Development (NABARD) 197 Cabinet Approval for Raising NABARD’s Authorised Capital 198 India Infrastructure Finance Company Ltd. (IIFCL) 198 Rural Infrastructure Development Fund 198 Establishment Years of Major Financial Institutions in India 198 Infrastructure Development Finance Com- pany (IDFC) 199 Agriculture and Rural Development Banks 199 Insurance Industry in India 200 Important Insurance Policies : At a Glance 201 General Insurer’s Public Sector Association of India (GIPSA) 201 Entry of State Bank in Insurance Sector 202 Agriculture Insurance Company of India Limited (AICIL) 202 Recommendations of Malhotra Committee for Improving Insurance Sector 203 Inflation 203 Introduction of New Series of CPI (R + U) 204 Deflation 204 RBI Adopts CPI as New Measure of Inflation 204 Money Stock Measures in India 205 Cheap Money Policy and Dear Money Policy 205 Retail Prices Based Three Consumer Price Index Launched 205 Inflation Indexed Bonds No Special Tax Sops for Investors Development, Poverty Alleviation and Employment Generation Programmes in India 206 Cabinet Reduces Central Schemes Number from 147 to 66 206 Inclusive Development and Social Sector Programmes 206 Skill Development 206 Rural Unemployment and Poverty Elimina- tion Programme 207 Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) 208 Wage Rates under MGNREGA Raised 208 Swarnajayanti Gram Swarojgar Yojana (SGSY) 208 National Rural Livelihood Mission—Aajeevika 209 National Food for Work Programme 209 Bharat Nirman Yojana Launched 210 Sampoorna Grameen Rojgar Yojana (SGRY) 210 Indira Awas Yojana (IAY) 211 Pradhan Mantri Gram Sadak Yojana (PMGSY) Econ. / 10 Econ. / 12 211 Drought-Prone Area Programme (DPAP) 211 Desert Development Programme (DDP) 211 Universal Health Insurance Scheme 211 Swarna Jayanti Shahari Rozgar Yojana (SJSRY) 211 National Urban Livelihoods Mission 212 Antyodaya Anna Yojana (AAY) 212 Valmiki Ambedkar Awas Yojana (VAMBAY) 212 Integrated Rural Development Programme (IRDP) 213 Development of Women and Children in Rural Areas (DWCRA) 213 Rashtriya Mahila Kosh (National Women Fund) 213 Supply of Improved Tool Kits to Rural Artisans (SITRA) 213 Training to Rural Youth for Self-Employment (TRYSEM) 214 Krishi Vigyan Kendra 214 Jawahar Rozgar Yojana (JRY) 214 Janani Suraksha Yojana 214 Jawahar Gram Samridhi Yojana (JGSY) 215 Million Wells Scheme (MWS) 215 Agro-Service Centres 215 National Rural Health Mission (NRHM) 215 Marginal Farmers Development Agencies (MFDA) 215 Intensified Jawahar Rozgar Yojana 215 Innovative and Special Employment Scheme 216 Employment Assurance Scheme (EAS) 216 The Sangam Yojana for the Handicapped 216 CAPART 216 Rural Landless Employment Guarantee Programme (RLEGP) 216 Prime Minister’s Rozgar Yojana (PMRY) 217 Government Launches New Health Pro- gramme for Adolescents 217 Prime Minister’s Employment Generation Programme (PMEGP) 217 Rural Electrification in India 218 Rajeev Gandhi Gramin Vidyutikaran Yojana (RGGVY) 218 Rajiv Gandhi Gramin LPG Vitran Yojana (RGGLVY) 218 National Rural Drinking Water Programme 219 Kutir-Jyoti Programme 219 Rural Sanitation : Total Sanitation Campaign (TSC) Nirmal Bharat Abhiyan (NBA) 219 National Social Assistance Programme 219 Kasturba Gandhi Balika Vidyalaya (KGBV) 220 Rajeev Awas Yojana 220 Aam Admi Bima Yojana (AABY) 220 Rashtriya Swasthya Bima Yojana (RSBY) 220 Urban Unemployment and Poverty Eradica- tion Programme 220 Scheme for Integrated Development of Small and Medium Towns (IDSMT) 221 Scheme of Infrastructural Development in Mega Cities 221 Self-Employment to the Educated Unemp- loyed Youth (SEEUY) 221 Self-Employment Programme for the Urban Poor (SEPUP) 221 Nehru Rozgar Yojana 222 Swabhiman Scheme to Open Bank Accounts in Villages 222 Indira Gandhi Matritya Sahyog Yojana (IGMSY) 222 Pratibha Kiran Yojana 222 Prime Minister’s Integrated Urban Poverty Eradication Programme (PMIUPEP) 223 Rajeev Gandhi Scheme for Empowerment of Adolescent Girls—SABLA 223 Mahila Samridhi Yojana 223 Urban Basic Services for the Poor (UBSP) 223 Members of Parliament Local Area Develop- ment Scheme (MPLADS) 224 Twenty Point Programme (TPP) 224 Jan Arogya Bima Policy 224 UTI Launches ‘Micro Pension Scheme’ for Unorganised Poor Indian Workers 224 Raj Rajeshwari Mahila Kalyan Yojana 224 Bhagyashree Child Welfare Bima Yojana 224 Rashtriya Swasthya Bima Yojana (RSBY) 224 Indira Mahila Yojana 225 National Mission for Empowerment of Women 225 Balwadi Nutrition Programme 225 Vande Matram Scheme 225 Scheme of Providing Loan for House Cons- truction in the Rural Areas 225 Primary Education : Two Flagship Pro- grammes 225 Shiksha Sahayog Yojana 225 Sarva Shiksha Abhiyan 226 Mid-Day Meal Scheme for School Children 226 Rashtriya Madhyamik Shiksha Abhiyan 226 Rashtriya Uchchatar Shiksha Abhiyan (RUSA) 227 Krishi Sramik Samajik Suraksha Yojana (KSSSY-2001) 227 Social Security Pilot Scheme for Labours of Unorganised Sector 228 Jan Shree Bima Yojana 228 UP Launches BPL Families Financial Aid Scheme 228 LIC Launches Jeevan Arogya Health Policy 228 Khadi and Village Industries Development Scheme 228 National Programme for Education of Girls at Elementary Level (NPEGEL) 229 Various Development and Employment Programmes in India—At a Glance Econ. / 14 Foreign Trade and Balance of Payments 232 Volume of India’s Foreign Trade 232 India’s Foreign Trade : 2013-14 232 India’s Trade Deficit Declines in Q1 of 2014-15 233 Export Performance of India and the EDEs 233 Composition of India’s Foreign Trade 233 Export Growth and Composition 234 Import Growth and Composition 235 Direction of India’s Trade 235 India’s Service Trade 236 Agricultural Export Zones 237 Foreign Trade Policy 2009–14 237 Interest Subsidy Increased to Boost Exports 238 Annual Supplementary Foreign Trade Policy 2013-14 238 Govt. Announces Incentive Packages to Sup- port Export Growth 239 RBI Tightens Gold Import Norms 239 Balance of Payments Position in India 239 Capital Account in BoP 240 Measures Taken by the Government for Improving Balance of Payments 240 Tarapore’s Report on Full Convertibility of Rupee 241 Import Liberalisation 241 Export Promotion Capital Goods Scheme (EPCGS) 241 Improvements in Advance Licensing 241 Export Oriented Units, Export Processing Zone and Special Economic Zone Schemes 242 Special Economic Zone Act, 2005 243 Risk Management System Introduced in Ex- port Sector 243 New Duty Drawback Scheme for Exports 243 Export Development Centres 243 Liberalisation of Foreign Investment Policy 244 Foreign Direct Investment (FDI) 244 DIPP Released 6th Issue of Consolidated FDI Policy 245 Govt. Notifies 100% FDI in Single-brand Re- tail 245 100% FDI Policy in Pharmaceutical Sector Released 246 Cabinet Clears 49% FDI Cap for Insurance 246 Mayaram Panel Recommends 9 Sectors for 49% FDI 246 FDI Norms Eased for Small Scale Sector 247 Govt. Releases Consolidated FDI Policy Framework 247 Plan Panel Favours More FDI Liberalisation in 12th Plan 247 Govt. Liberalises FDI Limits in 12 Sectors, Including Telecom 247 FDI Inflows into India in 2013 Rose 17% to $ 28 billion 248 FDI in Service Sector Drops 54% During 2013-14 248 Foreign Exchange Reserves in India 248 Foreign Exchange Management Act (FEMA) 248 RBI Relaxes FEMA Norms for Individuals 249 Money Laundering Prevention Act 249 Money Laundering Bill Introduced in Par- liament 250 External Assistance to India 250 India’s External Debt Rose to US $ 426 bil- lion (at end December 2013) 251 $ 10 billion Assistance to India from ADB by 2017 252 Focus Africa Programme 252 NEER and REER 252 India Development Forum Transport and Communications 253 Railways 254 Upgradation of Passenger Amenities 255 Indian Transport Sector : An Overview 255 Introduction of LHB Coaches 255 Indian Railway Catering & Tourism Cor- poration (IRCTC) 255 Konkan Railway Plan 256 Salient Features of the National Rail Vikas Yojana 256 The Bauddha Luxury Train in U.P. 256 Maharajas Express Wins World Travel Awards for 2nd Time 256 Vivek Express Now Longest Distance Cover- ing Train 257 India to Join Trans-Asian Rail Network 257 Arunachal Pradesh Now Accessible by Train 257 New Rail Coach Manufacturing Unit at Kolar in Karnataka 258 Bio-toilets in All Trains in 6 Years 258 Road Transport 258 National Highway Development Project (NHDP) 259 Public Private Partnership in Road Projects 259 Rural Roads 260 Govt. Seeks $ 500 million from World Bank for Rural Roads 260 Water Transport 262 Major Ports to Follow Monopoly Policy 262 Sagar Mala Project 262 Adani to Develop Terminal at Hazira 263 Gopalpur set to be an All-weather Port 263 Odisha to Develop a Port in Puri 263 Air Transport 264 Postal Network 264 51 Low-Cost Small Airports to come up 265 Airport Infrastructure 265 Air Asia Begins Operation 265 T2 of Mumbai Airport Inaugurated 265 New Aviation Regulator with More Teeth 266 International Airport Status to Five More Do- mestic Airports Econ. / 16 266 ‘Tata SIA Airlines Limited’ Constituted by Tata Group and Singapore Airlines 266 GAGAN Project 266 New Telecom Policy 2012 Provides Nation- wide Free Roaming 267 Nation-wide Mobile Number Portability Launched 268 Fixed-line Phones to have 10-digit Number 268 Gramin Sanchar Sewak Scheme (GSSS) 268 Government Approves to Digitise TV Broadcast by 2014 269 Voice Mail 269 Video Tax Service 269 Audio Tax 269 What is Paging Service ? Public Finance 270 Financial Relations between Centre and States 270 Service Tax 271 Consolidated Funds of India and of the States 271 Public Accounts of India and of the States 271 Contingency Fund 271 Finance Commission 272 Twelfth Finance Commission 272 Thirteenth Finance Commission Report 274 13th Finance Commission Recommends for Single 12% GST 275 14th Finance Commission Constituted 275 Recommendations of Chelliah Committee on Tax Reforms 276 115th Amendment Bill on GST Introduced in Parliament 276 Govt. Set-up Two Panels on CST Compensa- tion and GST Design 276 Kelkar Report 278 Value Added Tax (VAT) 278 Rangarajan Panel Proposed to Abolish Distinc- tion between Plan and Non-Plan Expenditures 278 Finances of State Governments 279 Rangachary-led Panel to Review Taxation of IT Sector 279 State Level Reforms 280 Union Budget, 2014-15 285 Railway Budget, 2014-15 290 Economic Survey, 2013-14 Economic Planning in India 293 History of Planning in India 294 Planning Commission of India 294 Method of Plan Formulation 294 National Development Council—NDC 295 First Five Year Plan 295 Second Five Year Plan 295 Third Five Year Plan 296 Three Annual Plans 296 Fourth Five Year Plan 297 Fifth Five Year Plan 297 Sixth Five Year Plan 298 Seventh Five Year Plan 298 Eighth Five Year Plan 300 Ninth Five Year Plan 302 Tenth Five Year Plan 304 India Vision-2020 304 Eleventh Plan (2007–12) 309 Vision of 12th Five Year Plan (2012-17) International Organisations 311 International Monetary Fund (IMF) 312 International Bank for Reconstruction and Development (IBRD) 314 International Fund for Agricultural Development (IFAD) 315 International Development Association (IDA) 315 Rounds of GATT Negotiations 315 General Agreement on Tariffs and Trade (GATT) 315 International Finance Corporation (IFC) 316 Multilateral Investment Guarantee Agency 316 International Centre for Settlement of Invest- ment Disputes 316 Uruguay Round and Dunkel Proposals 317 World Trade Organisation (WTO) 318 Important International Organisations : A View 318 First Ministerial Conference of WTO 319 Second Ministerial Conference of WTO 319 Third Ministerial Conference of WTO 319 Fourth Ministerial Conference of WTO 319 Fifth Ministerial Conference of WTO 320 Sixth Ministerial Conference of WTO 320 Seventh Ministerial Conference of WTO 320 Eighth WTO Ministerial Conference 320 Ninth WTO Ministerial Conference 320 United Nations Conference on Trade and Development (UNCTAD) 321 Asian Development Bank (ADB) 322 ADB’s Aid to India for Infra Development 322 South Asian Free Trade Area (SAFTA) 322 South Asian Association for Regional Co- operation (SAARC) 323 Association of South-East Asian Nations (ASEAN) 324 Organisation of the Petroleum Exporting Coun- tries (OPEC) 324 G-8 (Formerly G-7) 325 G-20 326 G-15 326 G-24 326 G-77 326 Organisation for Economic Co-operation and Development (OECD) 327 BRICS Nations Agree to Trade in Own Currencies 327 The European Coal and Steel Community (ECSC) 328 BENELX 328 European Economic Community (EEC) or European Common Market (ECM) Pratiyogita Darpan Extra Issue Series-1 Indian Economy Publisher : Upkar Prakashan Author : Pratiyogita Darpan Type the URL : http://www.kopykitab.com/product/8950 Get this eBook 30% OFF

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Most books are stored in the elastic cloud where traffic is expensive. For this reason, we have a limit on daily download.