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VK IAS by Vikas kanukollu (VK)
Forwarded from UPSC Economy by VK IAS (Vikas Kanukollu)
#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.

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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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In many cases, the content resembled that of the marketplaces found on the dark web, a group of hidden websites that are popular among hackers and accessed using specific anonymising software.“We have recently been witnessing a 100 per cent-plus rise in Telegram usage by cybercriminals,” said Tal Samra, cyber threat analyst at Cyberint.The rise in nefarious activity comes as users flocked to the encrypted chat app earlier this year after changes to the privacy policy of Facebook-owned rival WhatsApp prompted many to seek out alternatives.UPSC Highlights issue explainer by Vikas kanukollu from sa


#EconomyGs-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

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