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    A Glance at Indian Economy
    A Glance at Indian Economy
    A Glance at Indian Economy
    Ebook82 pages39 minutes

    A Glance at Indian Economy

    By chakrapani srinivasa

    ()

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    About this ebook

    This book gives a glimpse at Indian economy. 

    Revenue status, Investment climate,Green revolution, Malnutrition and Industrial production in India are vividly discussed with relevant data.

    LanguageEnglish
    PublisherChakrapani Srinivasa
    Release dateApr 10, 2018
    ISBN9781387731893
    A Glance at Indian Economy
    Author

    chakrapani srinivasa

    Chakrapani Srinivasa (Padmaja), Freelance journalist from India possesses Bachelor degree in Engineering (B.E) and Post graduate in Business Management (MBA) with Distinction. He has worked as Associate Editor of ‘Naradar’ fortnightly journal in Chennai, India. He is the Senior Editor of the journal “The Divineness”. Contributed articles, short stories and travelogues in leading journals like Ananda Vikatan, Kumudam, Savi, Kalki, Dinamani Kadhir, Dinamani daily, Idhayam Pesukirathu, Naradar etc He has written articles and e books through Smashwords Inc, Kindle Direct Publishing, Atlanta publications, Cooperjal publications (UK), lulu.com, ezinearticles.com, shvoong.com, iproclaim.com (USA) and TCC news (Germany). He is the Consulting Editor: Contemporary Who’s Who-Research Board of Advisers of ABI, USA.

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      Book preview

      A Glance at Indian Economy - chakrapani srinivasa

      A Glance at Indian Economy

      By

      Chakrapani Srinivasa

      A Glance at Indian Economy

      By Chakrapani Srinivasa

      Copyright 2018 Chakrapani Srinivasa

      About the Author

      Chakrapani Srinivasa (Padmaja), Freelance journalist from India possesses Bachelor degree in Engineering (B.E) and Post graduate in Business Management (MBA) with Distinction. He has worked as Associate Editor of ‘Naradar’ fortnightly journal in Chennai, India. He is the Senior Editor of the journal The Divineness.

      Contributed articles, short stories and travelogues in leading journals like Ananda Vikatan, Kumudam, Savi, Kalki, Dinamani Kadhir, Dinamani daily, Idhayam Pesukirathu, Naradar etc

      He is the Consulting Editor: Contemporary Who’s Who-Research Board of Advisers of ABI, USA.

      Dedicated to my dear parents

      Preface

      This book deals with topics like Revenue in India, Methods to improve investment climate in India, Food statistics, short term measures for investment, Green India, Mal-nutritional Diseases in India, Nuclear storage in India, Food Security Bill, branches to be opened for foreigners etc. A great book for reference say the readers!!

      Contents

      Revenue in India

      Measures to Save Indian Economy

      Improvements for Investment Climate

      Branches Further To Be Opened For Foreigners

      Green India

      Change the Trend

      No Diesel

      Labor Problem

      Children to Cultivate

      Heaps of Herbs

      Mal-nutritional Diseases in India

      Setbacks

      Nuclear Storage in India

      Challenging Issue

      Safety drill

      Safeguard Practices

      Symbols for Safety

      Safety Suits

      Safety Instructions

      Caution Signs

      Safe Transportation

      Guard at the Gate

      Alarming Dangers

      Crude Oil and Gas Storage in India

      Vital Factor

      Food Grain Statistics

      To Enhance Industrial Production in India

      To Chalk Out Plans

      Food Security Bill

      The opposition parties’ demands

      Revenue in India

      A stable government is essential for investment improvement in this nation, which is tormented by multi language, multi religion, caste and creed.

      Controlling the deficit is the greatest challenge for the Delhi rulers. There are 3 types of deficits.

      First is revenue deficit. Due to liberal reduction in tax, this deficit occurs in India. In 2011-12 it was 5% and in 2013 it came down to 3.5%.

      Second deficit is budget deficit. In 2011-12 it rose to 5.3% of GDP.

      Third deficit is primary deficit. It was 3.5% of GDP in 2011-12 and rose to 5.3% in 2013. Due to this sad condition, the industrial progress dropped down. It has been fixed as 3% in 2017-2018, say the government officials.

      It is a practice to fix target for growth, but it is disappointing to fix target for downfall like financial deficit. Against the figure forecasted in 2011 – 12, the budget deficit increased by 40.9%.  In 2011- 2012 it got worsened as it increased by 85.6%. Hence to manage this deficit, Reserve Bank print notes, but revenue is also not satisfactory. From April to November for the year 2010 -2011, we have obtained only 69.3% of the revenue target. Expenditure was 62.3%. In 2012 we obtained revenue only 48.2% of the anticipated figure and in 2013 it dropped down sadly to 46.5% of the expected revenue. But expenditure has risen by 60.5% in 2011 – 12 and by 58.2% in 2012 -13, against the target.

      How the revenue fell down so badly in India? is the hot question asked by all tax payers. There are two ways to get revenue. One is from taxes and other is from other than taxes. Revenue from investment is the second category. In 2010 -11, the income referred as the first category was reduced to 47.6% from 69.9%. Income through investments came down from 60.8% in 2010 – 2011 to 21.14% in 2012 -2013. This income is obtained from sale of public sector shares.

      The Delhi rulers do not aim to raise the revenue through tax levy, as it will hit the middle men and government employers, who are the major tax payers. Now the income from sale of shares held by government in PSU has become a tough task. Whenever any announcement is made, immediately the Communist party leaders join hands with union members and staff to agitate violently. Though the government aimed to get Rs.30000 crores for the sale of PSU shares, it failed to achieve it. To increase revenue, the Supreme Court showed a way in 2G case. As the license was cancelled a new license could have been issued to raise revenue. But unfortunately 2G spectrum shares were sold at lower value to cause loss to the government.

      The Kelkar Committed has suggested selling the infrastructure held by Railways, Shipping and Forest division.

      Communist leaders proclaim that

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