21 From the Desk of the Author 100 Planwise Power Generation Achievements Fall
22 Indian Economy : A Few Facts : At A Glance Short of Target
32 Important Facts Related to Indian
Economy
Some Aspects of Indian Economy
81 Underdeveloped Country
81 Salient Features of Indian Economy
82 Important Infrastructural Components in
India
83 India Replaces Japan as World’s 3rd Largest
Economy
83 Nature of Unemployment in India
85 Human Development Report–2014
87 Unemployment Among Educated Youth is
Rising
87 New Poverty Line : 32 in Villages, 47 in
Cities
88 Poverty in India
89 Inequality in India
89 India Human Development Report-2011
90 Guidelines Changed for New BPL Census
91 Urban Indians Spend 84% More than
Villagers : NSSO
91 India Placed at 63rd Rank in Global Hunger
Index 2013
92 Planning Commission to Announce Block-
level Poverty Estimates
92 8.8 million Households Live in Urban Slums :
NSSO
92 Multidimensional Poverty Index
Mineral Resources of India
95 9.2 mt Uranium Ore Found in Meghalaya
96 Mineral Policy 1993
97 The Mines and Minerals (Development and
Regulation) Bill, 2011
97 National Mineral Policy 2008
97 Commercial Sources of Energy
97 ITER Project
98 Non-conventional Sources of Energy
98 Jawahar Lal Nehru National Solar Mission
(JNNSM)
99 Power Generation in India
100 CEA Targets 88,537 MW Addition in 12th Plan
(2012–17)
Econ. / 4
100 Ultra Mega Power Projects (UMPPs)
101 REC Seeks German Loan for Green Power
Projects
Forest Resources of India
101 State Forest Report, 2011
National Income of India
102 Concepts of National Income
103 Provisional Estimates of National Income
2013-14
104 ADB Pegs India’s GDP Growth Rate at 5·5%
for 2014-15
104 FICCI Projects 5·5% Growth in 2014-15
105 World Bank Pegs India’s Growth at 5·5% in
2014-15
105 Fiscal Deficit Narrowed to 4·47% of GDP in
FY 2014
105 Methods of Measuring National Income
106 Estimates of National Income in India
106 PMEAC’s Economic Outlook 2013-14
Population
107 Population Touches 1·21 billion Level but
Growth Rate Declines in Census 2011
108 Census 2011 : Some Facts
108 Cabinet Approves Caste Census Process
111 Final Population Data 2011 Released
112 National Commission on Population
113 India’s Population at a Glance : 2011 (Final
Population)
113 Population Policy 2000
114 Occupational Classification
115 UN Project 9.6 billion World Population by 2050
115 Gender Disparities Declined in India
116 India Registers Decline in Infant Mortality Rate
116 The World will have More Indians than Chi-
nese by 2028
116 Family Welfare
117 Projected Indian Population Scenario After 20
Years
117 National Rural Health Mission (NRHM)
118 National Urban Health Mission Launched
 Agriculture 136 Agriculture Credit
120 4th Advance Estimate of Foodgrains Figures 136 Agriculture Exports
at 264·77 MT 137 Agriculture Trade : WTO Agreements
120 Minimum Support Price of Agriculture Pro- 137 Flow of Agricultural Credit
ducts 137 Interest Subvention Scheme
120 More Agencies Allowed to Procure Pulses and 137 Kisan Credit Card Scheme
Oilseeds 137 National Policy for Farmers 2007
121 Macro Management of Agriculture 138 National Food Grid on Cards to Help Ease
121 Minimum Support Price for Kharif Crops 2014 Prices, Cut Wastage
121 Rabi Crops MSP (Marketing Year 2014-15)
Industry
Announced
121 Net Availability & Per Capita Availability of 138 New Industrial Policy
Foodgrains 139 Investment in Industrial Sector
122 Sugarcane FRP Raised for 2013-14
139 New Policy for Small Industries
122 Food Management in India
140 Wide Range Covered in New IIP with Base
123 Organic Farming
2004-05
123 Major Crops and their Seasons
141 Micro, Small & Medium Enterprises (Present
123 Horticulture
Performance)
124 Rashtriya Krishi Vikas Yojana (RKVY)
124 Agriculture Mechanisation 142 24% Investment Cap on SSIs Removed
124 Land Use 143 Credit Guarantee Fund Scheme for Micro and
125 Plantation Sector Small Enterprises
125 Commercial Crops 143 Technology Upgradation in MSME Sector
125 23 Agricultural Commodities Exempted from 143 Rajiv Gandhi Udyami Mitra Yojana (RGUMY)
Transaction Tax 143 India Inclusive Innovation Fund
126 Kisan Call Centres 144 Credit Flow to Industrial Sector
126 Computerisation of Land Records
144 Annual Survey of Industries for 2010-11
126 Land Reform Programmes
144 Agro & Rural Industries
127 TRIFED
127 NAFED 145 National Manufacturing Policy
127 ISOPOM 145 National Manufacturing Competitiveness
127 Agriculture Marketing Programme
128 Agriculture Holdings 145 Cotton and Textiles Industry
128 National Agricultural Insurance Scheme 147 National Textile Policy 2000
(NAIS) 1999-2000 148 TUFS Extended to 12th Plan with Double
128 New National Agricultural Policy Allocation
129 Modified National Agricultural Insurance 148 Iron and Steel Industry
Scheme (MNAIS) 149 Sugar Industry
129 Krishi Shramik Suraksha Yojana 150 Cabinet Approves De-Control of Sugar
129 Crop Insurance 150 Fertilizer Industry
129 Farm Income Insurance Scheme 151 Cement Industry
130 Green Revolution in India 151 Jute Industry
131 Field Trials of GM Crops Allowed 151 Paper Industry
131 Coconut Palm Insurance Scheme (CPIS) 152 Coal Industry
131 Seed Sector 152 Tourism Industry
132 Seed Crop Insurance 153 Sericulture and Silk Industry
132 Seed Bank 153 Gems and Jewellery Industry
132 White Revolution and Operation Flood in
153 Leather Industry
India
154 Automobile Industry
132 Animal Husbandry and Dairy : Highlights
133 Fisheries Sector 154 Chemical Industry
133 First Robotic Dairy Plant Opened by Amul 154 Petroleum Industry
133 Yellow Revolution 155 Refining Capacity in India
134 Use of Fertilizers 156 Marketing and Distribution of Petroleum
134 Fertilizer Consumption Products
134 Rainfed Agro-Ecologies 156 Coal Bed Methane
134 Irrigation 157 India Hydrocarbon Vision 2025
135 National Rainfed Area Authority (NRAA) 157 Green Fuels
135 Command Area Development & Water Man- 157 More Power to Maharatna and Navratna
agement Programme (CADWMP) PSUs for Overseas Buyouts

Econ. / 6
 157 ‘Maharatna’ and Navratna Companies
158 Mini Ratna Scheme
158 Industrial Sickness
158 Central Public Sector Enterprises (CPSEs)
159 Committee on Public Undertakings
159 New Competition Act, 2013
159 Competition Commission of India Becomes
Operational
160 CCI’s Approval Required for Companies
Mergers and Acquisitions
160 Disinvestment in Public Sector Undertaking
160 Multinational Corporations
160 Industrial Finance
161 National Labour Commission
Money and Banking
163 Meaning and Organs of Money Market
163 Different Stages of the Development of
Indian Banking
164 Reserve Bank of India
165 RBI Decides to Circulate ‘Plastic Notes’
165 RBI to Withdraw Bank Notes Issued Prior to
2005
166 Composition of Banking System in India
166 Quantitative and Qualitative Credit Control
166 Ordinance Released for Removing Minimum
Ceiling of Statutory Liquidity Ratio (SLR)
167 Selective Credit Control
167 RBI takes Steps to Tighten Liquidity
167 Priority Sector Lending
168 Report on Trend and Progress of Banking in
India : 2012-13
168 RBI’s Bi-yearly Financial Report
169 RBI’s Fresh Norms to Support Banks
170 Differential Rate of Interest Scheme
170 New Strategy for Rural Lending : Service
Area Approach
170 RBI Recommends for Reducing Govt. State
in Banks
171 RBI for More Transparent Pricing of Loans
171 RBI’s Policy Intervention
172 Another Bank’s ATM Use becomes Restricted
172 RBI’s Monetary Policy Review (on August 5,
2014)
171 RBI Directs Banks to Cap Cash Deposit
Charges Maximum at 5
172 Commercial Banks
173 Govt. Directs Banks to Serve Rural Areas with
‘Ultra Small’ Branches
173 Associate Banks in SBI Group
173 RBI Notifies Final Guidelines on Bad Loans
for NBFCs
174 RBI Relaxes Branch Opening Norms in Tier-
II Cities
Econ. / 8
174 IDFC, Bandhan Get ‘In–Principle’ Approval to
Set-up Banks
174 BASEL-III became Effective w.e.f. January
2013
175 RBI Makes Banks Free to Fix Base Rates
from July 1, 2010
175 Cheques/Drafts Valid for 3 Months Only
175 Govt. Must Reduce Stake in Public Sector
Banks to Below 50% : Nayak Committee Re-
port
176 RBI Provides Bank Relief on Bad Debt Provi-
sion
176 Public Sector Bank’s Bad Debts Hit 9-Year
High
176 Government Buys RBI’s Entire Stake in SBI
177 Micro Finance Bill 2012
177 Classification of Commercial Banks
177 First Bharatiya Mahila Bank Inaugurated
178 License Guidelines for Payment Banks &
Small Banks Released
178 Parliament Approves Banking Amendment Bill
2012
178 RBI Eases Financing Norms for Infra and Af-
fordable Housing
179 Salient Features of Banking Laws (Amend-
ment) Bill, 2012
179 Foreign Bank’s Operation in India
179 Indian Banks Abroad
180 Banks can Now Appoint NBFCs as Business
Correspondents
180 RBI Paves Way for Corporate India to Enter
Banking Sector
180 Establishing Local Area Banks in Private
Sector Allowed
180 Co-operative Banks
181 District Central Co-operative Bank (DCCB)
181 Government Asks Public Sector Banks to
Open ‘Minority-Favouring’ Branches
181 Regional Rural Banks
182 Bill Introduced in Parliament to Raise Autho-
rised Capital of RRBs
183 Financial Inclusion Agenda of RRBs
183 Non-Banking Financial Institutions (NBFIs)
183 Non-Banking Financial Companies (NBFCs)
183 Banking Ombudsman Scheme
183 Capital Adequacy Ratio Standards for Banks
and Non-banking Financial Institutions
184 Debt Recovery Tribunals
184 Recovering Debts of Banks and Financial In-
stitution
184 Technological Developments in Banks
184 Agriculture and Rural Debt Relief Scheme
(1990)
184 Damodaran Committee Submits Report on
Reforms in Banking Services
 185 D-SIBs : RBI Issued Tighter Regulatory Norms
185 Report of Financial Sector Legislative Reforms
Commission
185 Proposed Functions of Regulatory Bod-
ies Envisaged by FSLRC
186 Banking in India
186 Major Recommendations of the High Level
Committee on Agricultural Credit through
Commercial Banks
187 Capital Market
187 Joint Parliamentary Committee
187 MIBOR and MIBID : Two New Reference
Rates of National Stock Exchange
187 Chandrashekhar Committee’s Recommenda-
tions on Transfer of Shares
187 Two New Share Price Indices for Mumbai
Share Market
187 Commodity Futures Market
188 Commodity Exchanges of India
189 BSE Launches ‘Shariah Index’
189 Universal Commodity Exchange Becomes
India’s 6th Commodity Exchange
189 Securities and Exchange Board of India
(SEBI)
189 Approved Stock Exchanges in India
190 Decisions taken by SEBI for Ensuring a
Healthy Capital Market
191 BSE Launches Index-based Circuit Breaker
System
191 SEBI Adopts Measures to Boost Primary Mar-
ket
192 SEBI Raises Retail Investors Investment Limit
192 RBI Favours to Implement Mistry Report in
Phases
192 Depository System in India
193 Computerised ‘Online Trading’ in Share
Markets
193 New Share Market MCX-SX Becomes
Operational
193 Rajeev Gandhi Equity Saving Scheme
Launched
193 Working Group’s Report on Development
Finance Institutions
193 Industrial Development Bank of India (IDBI)
194 Small Industries Development Bank of India
(SIDBI)
194 SIDBI (Amendment) Bill 2012 Tabled in Par-
liament
194 Industrial Finance Corporation of India Ltd.
(IFCI)
194 Industrial Credit and Investment Corpora-
tion of India Bank (ICICI Bank)
195 National Equity Fund Scheme
195 Industrial Investment Bank of India Ltd. (IIBIL)
195 State Industrial Development Corporations
(SIDCs)
195 State Finance Corporations
195 Unit Trust of India (UTI)
196 Export-Import Bank of India (EXIM Bank)
Econ. / 10
196 RBI Provides 5,000 crore Refinance Win-
dow for EXIM Bank
196 National Housing Bank (NHB)
197 National Bank for Agriculture and Rural
Development (NABARD)
197 Cabinet Approval for Raising NABARD’s
Authorised Capital
198 India Infrastructure Finance Company Ltd.
(IIFCL)
198 Rural Infrastructure Development Fund
198 Establishment Years of Major Financial
Institutions in India
198 Infrastructure Development Finance Com-
pany (IDFC)
199 Agriculture and Rural Development Banks
199 Insurance Industry in India
200 Important Insurance Policies : At a Glance
201 General Insurer’s Public Sector Association
of India (GIPSA)
201 Entry of State Bank in Insurance Sector
202 Agriculture Insurance Company of India
Limited (AICIL)
202 Recommendations of Malhotra Committee for
Improving Insurance Sector
203 Inflation
203 Introduction of New Series of CPI (R + U)
204 Deflation
204 RBI Adopts CPI as New Measure of Inflation
204 Money Stock Measures in India
205 Cheap Money Policy and Dear Money Policy
205 Retail Prices Based Three Consumer Price
Index Launched
205 Inflation Indexed Bonds No Special Tax Sops
for Investors
Development, Poverty Alleviation and
Employment Generation Programmes in
India
206 Cabinet Reduces Central Schemes Number
from 147 to 66
206 Inclusive Development and Social Sector
Programmes
206 Skill Development
206 Rural Unemployment and Poverty Elimina-
tion Programme
207 Mahatma Gandhi National Rural Employment
Guarantee Scheme (MGNREGS)
208 Wage Rates under MGNREGA Raised
208 Swarnajayanti Gram Swarojgar Yojana
(SGSY)
208 National Rural Livelihood Mission—Aajeevika
209 National Food for Work Programme
209 Bharat Nirman Yojana Launched
210 Sampoorna Grameen Rojgar Yojana (SGRY)
210 Indira Awas Yojana (IAY)
211 Pradhan Mantri Gram Sadak Yojana
(PMGSY)
 211 Drought-Prone Area Programme (DPAP) 220 Scheme for Integrated Development of Small
211 Desert Development Programme (DDP) and Medium Towns (IDSMT)
211 Universal Health Insurance Scheme 221 Scheme of Infrastructural Development in
211 Swarna Jayanti Shahari Rozgar Yojana Mega Cities
(SJSRY) 221 Self-Employment to the Educated Unemp-
211 National Urban Livelihoods Mission loyed Youth (SEEUY)
212 Antyodaya Anna Yojana (AAY) 221 Self-Employment Programme for the Urban
212 Valmiki Ambedkar Awas Yojana (VAMBAY) Poor (SEPUP)
212 Integrated Rural Development Programme 221 Nehru Rozgar Yojana
(IRDP) 222 Swabhiman Scheme to Open Bank Accounts
213 Development of Women and Children in in Villages
Rural Areas (DWCRA) 222 Indira Gandhi Matritya Sahyog Yojana
213 Rashtriya Mahila Kosh (National Women (IGMSY)
Fund) 222 Pratibha Kiran Yojana
213 Supply of Improved Tool Kits to Rural Artisans 222 Prime Minister’s Integrated Urban Poverty
(SITRA) Eradication Programme (PMIUPEP)
213 Training to Rural Youth for Self-Employment 223 Rajeev Gandhi Scheme for Empowerment of
(TRYSEM) Adolescent Girls—SABLA
214 Krishi Vigyan Kendra 223 Mahila Samridhi Yojana
214 Jawahar Rozgar Yojana (JRY) 223 Urban Basic Services for the Poor (UBSP)
214 Janani Suraksha Yojana 223 Members of Parliament Local Area Develop-
214 Jawahar Gram Samridhi Yojana (JGSY) ment Scheme (MPLADS)
215 Million Wells Scheme (MWS) 224 Twenty Point Programme (TPP)
215 Agro-Service Centres 224 Jan Arogya Bima Policy
215 National Rural Health Mission (NRHM) 224 UTI Launches ‘Micro Pension Scheme’ for
215 Marginal Farmers Development Agencies Unorganised Poor Indian Workers
(MFDA) 224 Raj Rajeshwari Mahila Kalyan Yojana
215 Intensified Jawahar Rozgar Yojana 224 Bhagyashree Child Welfare Bima Yojana
215 Innovative and Special Employment Scheme 224 Rashtriya Swasthya Bima Yojana (RSBY)
216 Employment Assurance Scheme (EAS) 224 Indira Mahila Yojana
216 The Sangam Yojana for the Handicapped 225 National Mission for Empowerment of Women
216 CAPART 225 Balwadi Nutrition Programme
216 Rural Landless Employment Guarantee 225 Vande Matram Scheme
Programme (RLEGP) 225 Scheme of Providing Loan for House Cons-
truction in the Rural Areas
216 Prime Minister’s Rozgar Yojana (PMRY)
225 Primary Education : Two Flagship Pro-
217 Government Launches New Health Pro-
grammes
gramme for Adolescents
225 Shiksha Sahayog Yojana
217 Prime Minister’s Employment Generation
225 Sarva Shiksha Abhiyan
Programme (PMEGP)
226 Mid-Day Meal Scheme for School Children
217 Rural Electrification in India
226 Rashtriya Madhyamik Shiksha Abhiyan
218 Rajeev Gandhi Gramin Vidyutikaran Yojana
226 Rashtriya Uchchatar Shiksha Abhiyan (RUSA)
(RGGVY)
227 Krishi Sramik Samajik Suraksha Yojana
218 Rajiv Gandhi Gramin LPG Vitran Yojana
(KSSSY-2001)
(RGGLVY)
227 Social Security Pilot Scheme for Labours of
218 National Rural Drinking Water Programme
Unorganised Sector
219 Kutir-Jyoti Programme
228 Jan Shree Bima Yojana
219 Rural Sanitation : Total Sanitation Campaign 228 UP Launches BPL Families Financial Aid
(TSC) Nirmal Bharat Abhiyan (NBA) Scheme
219 National Social Assistance Programme 228 LIC Launches Jeevan Arogya Health Policy
219 Kasturba Gandhi Balika Vidyalaya (KGBV) 228 Khadi and Village Industries Development
220 Rajeev Awas Yojana Scheme
220 Aam Admi Bima Yojana (AABY) 228 National Programme for Education of Girls at
220 Rashtriya Swasthya Bima Yojana (RSBY) Elementary Level (NPEGEL)
220 Urban Unemployment and Poverty Eradica- 229 Various Development and Employment
tion Programme Programmes in India—At a Glance

Econ. / 12
 Foreign Trade and Balance of Payments 248 FDI in Service Sector Drops 54% During
2013-14
232 Volume of India’s Foreign Trade 248 Foreign Exchange Reserves in India
232 India’s Foreign Trade : 2013-14 248 Foreign Exchange Management Act (FEMA)
232 India’s Trade Deficit Declines in Q1 of 248 RBI Relaxes FEMA Norms for Individuals
2014-15 249 Money Laundering Prevention Act
233 Export Performance of India and the EDEs 249 Money Laundering Bill Introduced in Par-
233 Composition of India’s Foreign Trade liament
233 Export Growth and Composition 250 External Assistance to India
250 India’s External Debt Rose to US $ 426 bil-
234 Import Growth and Composition
lion (at end December 2013)
235 Direction of India’s Trade 251 $ 10 billion Assistance to India from ADB by
235 India’s Service Trade 2017
236 Agricultural Export Zones 252 Focus Africa Programme
237 Foreign Trade Policy 2009–14 252 NEER and REER
237 Interest Subsidy Increased to Boost Exports 252 India Development Forum
238 Annual Supplementary Foreign Trade Policy Transport and Communications
2013-14
253 Railways
238 Govt. Announces Incentive Packages to Sup-
port Export Growth 254 Upgradation of Passenger Amenities
239 RBI Tightens Gold Import Norms 255 Indian Transport Sector : An Overview
255 Introduction of LHB Coaches
239 Balance of Payments Position in India
255 Indian Railway Catering & Tourism Cor-
239 Capital Account in BoP poration (IRCTC)
240 Measures Taken by the Government for 255 Konkan Railway Plan
Improving Balance of Payments 256 Salient Features of the National Rail Vikas
240 Tarapore’s Report on Full Convertibility of Rupee Yojana
241 Import Liberalisation 256 The Bauddha Luxury Train in U.P.
241 Export Promotion Capital Goods Scheme 256 Maharajas Express Wins World Travel
(EPCGS) Awards for 2nd Time
241 Improvements in Advance Licensing 256 Vivek Express Now Longest Distance Cover-
ing Train
241 Export Oriented Units, Export Processing Zone
257 India to Join Trans-Asian Rail Network
and Special Economic Zone Schemes
257 Arunachal Pradesh Now Accessible by Train
242 Special Economic Zone Act, 2005
257 New Rail Coach Manufacturing Unit at Kolar
243 Risk Management System Introduced in Ex- in Karnataka
port Sector 258 Bio-toilets in All Trains in 6 Years
243 New Duty Drawback Scheme for Exports 258 Road Transport
243 Export Development Centres 258 National Highway Development Project
243 Liberalisation of Foreign Investment Policy (NHDP)
244 Foreign Direct Investment (FDI) 259 Public Private Partnership in Road Projects
244 DIPP Released 6th Issue of Consolidated FDI 259 Rural Roads
Policy 260 Govt. Seeks $ 500 million from World Bank
245 Govt. Notifies 100% FDI in Single-brand Re- for Rural Roads
tail 260 Water Transport
245 100% FDI Policy in Pharmaceutical Sector 262 Major Ports to Follow Monopoly Policy
Released 262 Sagar Mala Project
246 Cabinet Clears 49% FDI Cap for Insurance 262 Adani to Develop Terminal at Hazira
246 Mayaram Panel Recommends 9 Sectors for 263 Gopalpur set to be an All-weather Port
49% FDI 263 Odisha to Develop a Port in Puri
246 FDI Norms Eased for Small Scale Sector 263 Air Transport
247 Govt. Releases Consolidated FDI Policy 264 Postal Network
Framework 264 51 Low-Cost Small Airports to come up
247 Plan Panel Favours More FDI Liberalisation 265 Airport Infrastructure
in 12th Plan 265 Air Asia Begins Operation
247 Govt. Liberalises FDI Limits in 12 Sectors, 265 T2 of Mumbai Airport Inaugurated
Including Telecom 265 New Aviation Regulator with More Teeth
247 FDI Inflows into India in 2013 Rose 17% to 266 International Airport Status to Five More Do-
$ 28 billion mestic Airports

Econ. / 14
 266 ‘Tata SIA Airlines Limited’ Constituted by Tata 298 Eighth Five Year Plan
Group and Singapore Airlines 300 Ninth Five Year Plan
266 GAGAN Project 302 Tenth Five Year Plan
266 New Telecom Policy 2012 Provides Nation- 304 India Vision-2020
wide Free Roaming 304 Eleventh Plan (2007–12)
267 Nation-wide Mobile Number Portability 309 Vision of 12th Five Year Plan (2012-17)
Launched International Organisations
268 Fixed-line Phones to have 10-digit Number
268 Gramin Sanchar Sewak Scheme (GSSS) 311 International Monetary Fund (IMF)
312 International Bank for Reconstruction and
268 Government Approves to Digitise TV Broadcast
Development (IBRD)
by 2014
314 International Fund for Agricultural Development
269 Voice Mail
(IFAD)
269 Video Tax Service
315 International Development Association (IDA)
269 Audio Tax
315 Rounds of GATT Negotiations
269 What is Paging Service ?
315 General Agreement on Tariffs and Trade
Public Finance (GATT)
270 Financial Relations between Centre and States 315 International Finance Corporation (IFC)
270 Service Tax 316 Multilateral Investment Guarantee Agency
271 Consolidated Funds of India and of the States 316 International Centre for Settlement of Invest-
271 Public Accounts of India and of the States ment Disputes
271 Contingency Fund 316 Uruguay Round and Dunkel Proposals
271 Finance Commission 317 World Trade Organisation (WTO)
272 Twelfth Finance Commission 318 Important International Organisations : A View
272 Thirteenth Finance Commission Report 318 First Ministerial Conference of WTO
274 13th Finance Commission Recommends for 319 Second Ministerial Conference of WTO
Single 12% GST 319 Third Ministerial Conference of WTO
275 14th Finance Commission Constituted 319 Fourth Ministerial Conference of WTO
275 Recommendations of Chelliah Committee on 319 Fifth Ministerial Conference of WTO
Tax Reforms
320 Sixth Ministerial Conference of WTO
276 115th Amendment Bill on GST Introduced in
320 Seventh Ministerial Conference of WTO
Parliament
320 Eighth WTO Ministerial Conference
276 Govt. Set-up Two Panels on CST Compensa-
tion and GST Design 320 Ninth WTO Ministerial Conference
276 Kelkar Report 320 United Nations Conference on Trade and
Development (UNCTAD)
278 Value Added Tax (VAT)
278 Rangarajan Panel Proposed to Abolish Distinc- 321 Asian Development Bank (ADB)
tion between Plan and Non-Plan Expenditures 322 ADB’s Aid to India for Infra Development
278 Finances of State Governments 322 South Asian Free Trade Area (SAFTA)
279 Rangachary-led Panel to Review Taxation of 322 South Asian Association for Regional Co-
IT Sector operation (SAARC)
279 State Level Reforms 323 Association of South-East Asian Nations
280 Union Budget, 2014-15 (ASEAN)
285 Railway Budget, 2014-15 324 Organisation of the Petroleum Exporting Coun-
tries (OPEC)
290 Economic Survey, 2013-14
324 G-8 (Formerly G-7)
Economic Planning in India
325 G-20
293 History of Planning in India 326 G-15
294 Planning Commission of India 326 G-24
294 Method of Plan Formulation 326 G-77
294 National Development Council—NDC
326 Organisation for Economic Co-operation and
295 First Five Year Plan
Development (OECD)
295 Second Five Year Plan
327 BRICS Nations Agree to Trade in Own
295 Third Five Year Plan
Currencies
296 Three Annual Plans
327 The European Coal and Steel Community
296 Fourth Five Year Plan
(ECSC)
297 Fifth Five Year Plan
328 BENELX
297 Sixth Five Year Plan
328 European Economic Community (EEC) or
298 Seventh Five Year Plan European Common Market (ECM)

Econ. / 16
Pratiyogita Darpan Extra Issue Series-1
Indian Economy

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