Sangam Sharma Blogs

  Role of Agriculture Sector in Indian Economy 1. Contribution to National Income: From the very beginning, agriculture is contributing a major portion to our national income. In 1950-51, agriculture and allied activities contributed about 59 per cent of the total national income. Although the share of agriculture has been declining gradually with the growth of other sectors but the share still remained very high as compared to that of the developed countries of the world. For example, the share of agriculture has declined to 54 per cent in 1960-61, 48 per cent in 1970-71, 40 per cent in 1980-81 and then to 18.0 per cent in 2008-09, whereas in U.K. and U.S.A. agriculture contributes only 3 per cent to the national income of these countries. 2. Source of Livelihood: In India over two-thirds of our working population are engaged directly on agriculture and also similarly depend for their livelihood. According to an estimate, about 66 per cent of our working population is engaged in a...

Role of IT Sector in Economy  In this day and age, one can remark a country as progressive only by its economic statistics. Now, how can you judge whether the country is progressive or not? There are many factors that indicate that the economy of a country is growing. First of all, the literacy rate of the country. When you have a country that is growing economically, many people will turn to the education sector as the means to evolve their lifestyle. An economically progressive country will have a more industrial contribution to their GDP than the agricultural sector. However, in this age, the growth of a country could be measured with its IT infrastructure. One of the best reasons why the US is the largest economy in the world is their impressive IT infrastructure sector. Why the IT Sector Plays a Key Role in a Country’s Economic Growth IT or the information technology sector plays a huge role in the development of a country. The main reason for that is, in this day and age, tec...

  Factors Defining Rest of Year' Course of Indian Economy The first-quarter GDP growth number — a contraction by 24% — was on expected lines and shows that the Indian economy has slumped sharply due to the lockdown. “Growth for the full year is likely to be in the region of (—) 6.4 per cent, which is premised on a low negative growth number for the first two quarters for certain, possibly a close to positive number in the third quarter, and positive growth in the last quarter,” writes Madan Sabnavis, chief economist of CARE Ratings. But two basic factors would influence the assumptions being made on the growth prospects for the coming quarters. The first is the process of “Unlocking”. It has been observed that with the economy moving from the stage of a total lockdown in April to a gradual opening up of the windows in May and June, and then the door opening up a little more significantly in July and August, the movement from one stage to another did reflect in the macro-economic nu...

  From international environmental activist Greta Thunberg to Delhi’s deputy chief minister Manish Sisodia and West Bengal chief minister Mamata Banerjee, several political leaders, activists, students, parents, and other stakeholders have raised concerns over holding the Joint Entrance Examination (JEE) and National Eligibility cum Entrance Test (NEET) in September amid the Covid-19 pandemic. While NEET is scheduled to take place on September 13, JEE (Mains) will be held from September 1 to September 6. Here are 10 things you need to know about the NEET-JEE exams so far: – Exam dates extended twice due to Covid-19: Over 8.58 lakh and 15.97 lakh candidates have registered for JEE (Main) and NEET (UG) respectively this year. Generally, the JEE (Mains) exams for engineering aspirants are conducted in April while NEET is conducted for medical aspirants in May. These exams were postponed twice in the wake of the Covid-19 pandemic and the nationwide lockdown imposed on March 25 to restr...

  The Union Cabinet has approved setting up of National Recruitment Agency, an independent body to conduct examination for government jobs. Initially, it will organise a CET to screen/shortlist candidates for the Group B and C (non -technical) posts, which are now being conducted by the Staff Selection Commission (SSC), Railways Recruitment Board (RRBs) and Institute of Banking Personnel Selection (IBPS). Later on, more exams may be brought under it. When was it first announced? The setting up of such an agency to conduct a common eligibility test (CET) was announced in the Union Budget by Finance Minister Nirmala Sitharaman in February. Composition: It will be headed by a Chairman of the rank of the Secretary to the Government of India. It will have representatives of the Ministry of Railways, Ministry of Finance/Department of Financial Services, the SSC, RRB & IBPS. Functions of the proposed NRA: It will conduct a common preliminary examination for various recruitments in the...

The world is facing many problems at modern era. Environment pollution is one of the most important problems in our world. India is not exception. It has also many problems. Environment pollution is one of them. Every problem has its factors so; environment pollution has also many factors by which increased environment pollution. We mentioned in details about factors responsible for environment pollution in this chapters. As we know that one of the mayor threats that our environment is facing to day is environment pollution. It is increasing with every passing year. It is causing grave and irreparable damage to the atmosphere. The mechanization of society, the urbanization, introduction of motorized vehicles and the explosion of the human population have caused and exponential growth in the increase of waste by products. The indiscriminate discriminate discharge of untreated industrial and domestic wastes into waterways, the “Throw way” attitude towards thousands of bones of solid resu...

  Source : 5Paisa Sensex and Nifty are stock market indices which represent Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) respectively. Sensex - BSE is India’s first listed exchange which was established in 1875. The total companies listed on the exchange are close to around 6000. The total market capitalization of all the companies listed on BSE is Rs. 1,24,69,879 crore. BSE's popular equity index - the S&P BSE SENSEX - is India's most widely tracked stock market benchmark index. It is traded internationally on the EUREX as well as leading exchanges of the BRCS nations (Brazil, Russia, China and South Africa). BSE Sensex consists of 30 top scrips from different sectors which forms this index. BSE SENSEX is calculated on a free-float market capitalization methodology and the performance of these stocks impact the performance of Sensex. BSE has recently launched a special platform for trading in SME securities. It has also launched a free float index - S&...