In India, the government presents a set of budget documents every year to outline its financial plans, expenditures, revenue projections, and allocations for various sectors. The budget documents provide a comprehensive overview of the government's fiscal policies and priorities for the upcoming … [Read more...] about Budget Documents Made Simple
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Ten Steps For India To Be The Third Largest Economy by 2043
India is currently 9th largest economy as per our GDP (nominal) values . At present the largest economy is USA and the next big name is China. While presenting the Interim Budget 2014-15, the Union Finance Minister Shri P Chidambaram said that in the next three decades India will become the third … [Read more...] about Ten Steps For India To Be The Third Largest Economy by 2043
How Much Time Will It Takes To Clear IAS Prelims?
How Much Time Will It Take To Clear IAS Prelims? Which are the subjects under UPSC prelims general studies paper 1 and paper 2 syllabus? Read further to know more. Depending on the candidates' ability and intelligence, different candidates will take different amounts of time to prepare for the … [Read more...] about How Much Time Will It Takes To Clear IAS Prelims?
Quantitative Easing and Federal Tapering Explained
What is quantitative easing? What happens during quantitative easing? Read further to know more. Under our Background Digging Operation on the most highlighted economy terms in recent times, we have so far covered the following topics : (1) Sub-prime crisis, Fiscal Cliff, and Fiscal Drag. (2) US … [Read more...] about Quantitative Easing and Federal Tapering Explained
US Debt Ceiling Crisis and US Federal Government Shut down Explained
What is the debt ceiling? What are the solutions to the US debt ceiling crisis and US shutdown? The last article from ClearIAS.com discussed about Sub-prime crisis and Fiscal Cliff. Things didn't end there for the US economy. There were other problems to handle. The next two major categories … [Read more...] about US Debt Ceiling Crisis and US Federal Government Shut down Explained
Sub-Prime Crisis, Fiscal Cliff, and Fiscal Drag Explained
What is a sub-prime crisis? What are fiscal cliff and fiscal drag? Read further to know. This article on Sub-Prime Crisis, Fiscal Cliff, and Fiscal Drag is part of the article series by ClearIAS.com on some current but confusing concepts related to the US economy. We plan to discuss in detail, … [Read more...] about Sub-Prime Crisis, Fiscal Cliff, and Fiscal Drag Explained
