Notesale: Turn your study into money

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Byju 's exam prep is welcome to the first session on the discussion related to Economic
survey, which was recently published by Government of India for the 22 and 23
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Government of India shifted to
publishing economic survey in only one volume
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Worth of data
has been provided is it relevant for upsc answer is simply no it is not relevant for ups is
not going to test you
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economic survey that is inflation is measured under two hits
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inflation can
be caused because of supplyside factors as well
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Inflation in the domestic market, both WP as well as CPi have remained above
four percent
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fuel prices have jumped upwards, mineral
prices such as steel have jumped upward the freight transportation
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WPi will react very very quickly to certain rise in
the prices of commodity such as fuel steel, etc
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government of India has reduced the taxes on fuels
and that has contributed to reduction in the cost of transportation
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A very simple reason have a look at how the core inflation has held
steady around six percent
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,
says RBs
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rupee depreciation and
when rupee depreciates automatically the cost of raw materials will rise up and that will
push up the market prices contributing to retail inflation
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the highest weightage within the CPi has been
given to food and beverages around 46 45
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imports are going to contribute to inflation that is called as imported inflation
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One of them is palm oil itself and
very recently it was there in the newspaper as well so palm oil you are dependent on the
imports
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market the prices have
cooled on, but if you look at in the last one year Have these imports related to agriculture
sector? Have they contributed to food inflation
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WPa is increasing at a very fast pace
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CPi also is varying slightly rising and again declining but
at a different pace altogether
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6 percent, which is very very impressive
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agriculture sector does n't guarantee
fixed amount of incomes, etc
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most of the credit that goes into agriculture sector or let 's say the rural market it is from
informal sector where the rate of interests are exorbitant in the range of
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In that context
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6 percent in the last six years
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government
has launched Pradhan Mantri Kisan Nidhi Pm Kisan initiative and agriculture
infrastructure fund
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The government of India has made the system
online and the portal through which they are basically providing these services is the
concept of enational agriculture market
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Under the Pradhana Mantri initiatives
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India is one of the largest producer
of the millets
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80 percent
of
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90 per cent of the villages in India have at
least a cooperative
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food
processing sector is a relevant important for a very simple reason one
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If I can process the food
ingredients or process something related agriculture sector wastages are automatically
expected to come down
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677
projects have been completed till 31st December 2022
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Under this the
food grains are provided free of a cost, which will ensure that the food subsidy of the
government of India will balloon will automatically increase
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food subsidy subsidy
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government
has been using the taxation on the fuels as a flexi fiscal policy tool
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Prices of crude in the international market has gone down and right when the prices have
gone down
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Government of India has increased the taxes on
the fuels
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During the last two years
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government of India has introduced a GSt a wonderful
initiative, a revolutionary indirect tax reform
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Where is this useful? Second, What do
you mean by buyency right simple my answer simply means with the change in the GDP
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That is basically right the taxes at the

state level as well as central level and after the GSt
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