What is the Current Account Deficit ? Current account deficit is simply the difference between the value of the goods and services that a country imports and the value of the products it exports. It encompasses the trade deficit plus …
Context: An effective local government at the grassroot level can not only promote healthy urban growth but also ensure ease of living for the population. About Local governments in India Urban Local Bodies (ULBs) are institutions that administer cities or …
About Goods and Services Tax (GST) Goods and Services Tax (GST) is an indirect tax (or consumption tax) used in India on the supply of goods and services. It is a comprehensive, multistage, destination-based tax: Comprehensive because it has subsumed …
About RTI Act, 2005 Under the Right to Information Act, 2005, Public Authorities are required to make disclosures on various aspects of their structure and functioning. This includes: (i) disclosure on their organisation, functions, and structure, (ii) powers and duties …
About ICI The monthly Index of Eight Core Industries (ICI) is a production volume index. The objective of the ICI is to provide an advance indication on production performance of industries of ‘core’ nature. These industries are likely to impact …