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Gs-3 : Economic Growth- GDP

🅾️What are the fundamentals of an economy?-
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🅾️🔰G= C+I+G+(X-M)-> C= will not rise to prepandemic level if govt doesnt help- even the growth we see now is because of base effect- i.e. Coming from negatives( because of last year lockdown) to positive- feels like a big growth but in reality it isnt- why?- it is still less when you compare it to pre pandemic levels.

🅾️So what is the article suggesting here? - increase the expenditure on I component not C. Because investment will create assets

The article also talks about Efficiency- ICOR- i.e. how much additional capital is required to produce one extra unit of the goods/ services. so naturally if this ratio is higher, it means one is wasting money- so review of the existing projects is good, but also focus on banking sector so that they exhibit more care while giving loans.

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#Economy

Gs-3 : Economic Growth- GDP

🅾️What are the fundamentals of an economy?-
Click here

🅾️🔰G= C+I+G+(X-M)-> C= will not rise to prepandemic level if govt doesnt help- even the growth we see now is because of base effect- i.e. Coming from negatives( because of last year lockdown) to positive- feels like a big growth but in reality it isnt- why?- it is still less when you compare it to pre pandemic levels.

🅾️So what is the article suggesting here? - increase the expenditure on I component not C. Because investment will create assets

The article also talks about Efficiency- ICOR- i.e. how much additional capital is required to produce one extra unit of the goods/ services. so naturally if this ratio is higher, it means one is wasting money- so review of the existing projects is good, but also focus on banking sector so that they exhibit more care while giving loans.

@hinduhighlights for News analysis

🎖Please Subscribe :
Youtube.com/vikaskanukollu

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UPSC Highlights issue explainer by Vikas kanukollu Telegram | DID YOU KNOW?

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Telegram Auto-Delete Messages in Any Chat

Some messages aren’t supposed to last forever. There are some Telegram groups and conversations where it’s best if messages are automatically deleted in a day or a week. Here’s how to auto-delete messages in any Telegram chat. You can enable the auto-delete feature on a per-chat basis. It works for both one-on-one conversations and group chats. Previously, you needed to use the Secret Chat feature to automatically delete messages after a set time. At the time of writing, you can choose to automatically delete messages after a day or a week. Telegram starts the timer once they are sent, not after they are read. This won’t affect the messages that were sent before enabling the feature.

How Does Telegram Make Money?

Telegram is a free app and runs on donations. According to a blog on the telegram: We believe in fast and secure messaging that is also 100% free. Pavel Durov, who shares our vision, supplied Telegram with a generous donation, so we have quite enough money for the time being. If Telegram runs out, we will introduce non-essential paid options to support the infrastructure and finance developer salaries. But making profits will never be an end-goal for Telegram.

UPSC Highlights issue explainer by Vikas kanukollu from ca


Telegram VK IAS by Vikas kanukollu (VK)
FROM USA