...Prof. Ahsan Iqbal, Federal Minister for Planning, Development and Reforms in his office today on 10 PerformAnce has become key driver of success in democracy. PLM-N government got the mandate on account of its performance in Punjab. Now, we want Federal Government to be high performance driven to beat the challenges Pakistan faces. Pakistan can learn a lot from Malaysians experience of performance delivering and monitoring in public sector. Inaugural meeting of joint cooperation committee (JCC) of China-Pakistan economic corridor was held between Chinese delegation led by Mr. Zhang Xiaoqiang, vice chairman National Development and Reforms Commission (NRDC) and representatives of different ministries led by Prof. Ahsan Iqbal, Federal Minister for Planning, Development and Reforms. Chinese delegation comprised high government officials and prominent entrepreneurs. Malaysian Minister for performance, Sri Idris Jala called on Prof. Ahsan Iqbal, Federal Minister for Planning, Development and Reforms in his office today on 10 Performance has become key driver of success in democracy. PLM-N government got the mandate on account of its performance in Punjab. Now, we want Federal Government to be high performance driven to beat the challenges Pakistan faces. Pakistan can learn a lot from Malaysians experience of performance delivering and monitoring in public sector. Inaugural meeting of joint cooperation committee (JCC) of China-Pakistan economic corridor was held between Chinese delegation...
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...thoughts on Indian economy is evaluated under the following main heads: * Reforms on agricultural lands. * Currency problem. * Financial problem in public. * Taxation policy. * Industrial growth on national level. * Economic development. * Socialism of state. * Miscellaneous economic Problems. I. Economy enterprises. II. Over population III. Upliftment of women for economic development. IV. Human capital. V. Hindu economy. (1) Reforms on agricultural land:- After long study on Indian agriculture Ambedkar recognised that problems of agriculture related to farmers should be solved, in one of his article i.e. "Small Holdings in Indian and their remedies"(1917) and also in "Status and minorities"(1947) he has suggested some reforms which has included in the manifesto of the "Swatantra Majdur Paksha"and the Scheduled caste Federation. Ambedkar recognized that small subdivided and fragmented holdings of land are the major problem of Indian agriculture with affects. It has resulted in various disadvantages, and there were difficulties in cultivation and utilization of resources increasing cost, low productivity, inadequate income, Low standard of living etc. According to Dr. Ambedkar reforms on agriculture is not related only with the size of holdings but also with other factors such as capital, labour and other inputs, so the concept of "Idea of Economic holdings is very much clear". If capital labour is not available in large amount...
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...COMBINED CIVIL SERVICES - I Group I Services (Preliminary Examination) General Studies - Degree standard Objective type - 200 items – 300 Marks UNIT – I - General science : Physics - Universe - General Scientific laws - Scientific instruments - Inventions and discoveries-National scientific laboratories-Science glossary-Mechanics and properties of matter-Physical quantities, standards and units-Force, motion and energy- electricity and Magnetism - electronics & communications - Heat, light and sound-Atomic and nuclear physics-Solid State Physics-Spectroscopy – Geophysics - Astronomy and space science. Chemistry - Elements and Compounds-Acids, bases and salts - Oxidation and reduction – Chemistry of ores and metals -Carbon, nitrogen and their compounds-Fertilizers, pesticides, insecticides-Biochemistry and biotechnology-Electrochemistry-Polymers and plastics Botany - Main Concepts of life science-The cell-basic unit of life-Classification of living organism-Nutrition and dietetics-Respiration-Excretion of metabolic waste-Biocommunication Zoology - Blood and blood circulation-Endocrine system-Reproductive system-Genetics the science of heredity-Environment, ecology, health and hygiene, Bio- diversity and its conservation-Human diseases, prevention and remedies-Communicable diseases and non- communicable diseases-Alcoholism and drug abuse-Animals, plants and human lifeUNIT - II. Current Events History - Latest diary of events – National -...
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...Journal of Economic Perspectives—Volume 16, Number 3—Summer 2002—Pages 67– 88 Economic Reforms in India Since 1991: Has Gradualism Worked? Montek S. Ahluwalia I ndia was a latecomer to economic reforms, embarking on the process in earnest only in 1991, in the wake of an exceptionally severe balance of payments crisis. The need for a policy shift had become evident much earlier, as many countries in east Asia achieved high growth and poverty reduction through policies that emphasized greater export orientation and encouragement of the private sector. India took some steps in this direction in the 1980s, but it was not until 1991 that the government signaled a systemic shift to a more open economy with greater reliance upon market forces, a larger role for the private sector including foreign investment, and a restructuring of the role of government. India’s economic performance in the postreform period has many positive features. The average growth rate in the ten-year period from 1992–1993 to 2001–2002 was around 6.0 percent, as shown in Table 1, which puts India among the fastest growing developing countries in the 1990s. This growth record is only slightly better than the annual average of 5.7 percent in the 1980s, but it can be argued that the 1980s growth was unsustainable, fuelled by a buildup of external debt that culminated in the crisis of 1991. In sharp contrast, growth in the 1990s was accompanied by remarkable external stability despite the east Asian crisis...
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...Economic Reforms in India since 1991: Has Gradualism Worked? by Montek S. Ahluwalia* India was a latecomer to economic reforms, embarking on the process in earnest only in 1991, in the wake of an exceptionally severe balance of payments crisis. The need for a policy shift had become evident much earlier, as many countries in east Asia achieved high growth and poverty reduction through policies which emphasized greater export orientation and encouragement of the private sector. India took some steps in this direction in the 1980s, but it was not until 1991 that the government signaled a systemic shift to a more open economy with greater reliance upon market forces, a larger role for the private sector including foreign investment, and a restructuring of the role of government. India’s economic performance in the post-reforms period has many positive features. The average growth rate in the ten year period from 1992-93 to 2001-02 was around 6.0 percent, as shown in Table 1, which puts India among the fastest growing developing countries in the 1990s. This growth record is only slightly better than the annual average of 5.7 percent in the 1980s, but it can be argued that the 1980s growth was unsustainable, fuelled by a buildup of external debt which culminated in the crisis of 1991. In sharp contrast, growth in the 1990s was accompanied by remarkable external stability despite the east Asian crisis. Poverty also declined significantly in the post-reform period, and at a faster...
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...International Holdings (HIH). The HIH collapse warranted a Royal Commission investigation and also recorded the biggest corporate collapse in Australia's history. Corporate failures of similar magnitude such as Enron and Parmalat have occurred elsewhere and sparked large scale investigation and media scrutiny. In all of these corporate failures, the level or absence of disclosure has had a lot to do with the unexpectedness of the collapse. This paper analyses the HIH collapse within a Foucaldian framework to demonstrate the need for accountants and auditors to work together so as to avoid criticism of the profession arising from unexpected corporate failures in the future. INTRODUCTION The purpose of this paper is to analyse the collapse of HIH and the role of its auditor, Andersen, within a Foucauldian framework encompassing archeology and genealogy of power and knowledge. The mythical Jedi force is used as a metaphor for power attained by the accounting profession through its claim to superior knowledge and skill to be applied in the public interest. Accordingly, the force includes professional ethics. The dark side is used as a metaphor for the collapse of HIH because accounting standards and practices, the accounting profession's power base, were used to conceal impending collapse resulting in the escalation of losses to policy holders, creditors and the general public. Regulatory responses to the Royal Commission into the collapse of HIH are viewed for purposes of this paper...
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...GROUP- I SERVICES SYLLABUS GENERAL STUDIES AND MENTAL ABILITY (SCREENING TEST – OBJECTIVE TYPE) 1. General Science – Contemporary developments in Science and Technology and their implications including matters of every day observation and experience, as may be expected of a well-educated person who has not made a special study of any scientific discipline. 2. Current events of national and international importance. 3. History of India – emphasis will be on broad general understanding of the subject in its social, economic, cultural and political aspects with a focus on AP Indian National Movement. 4. World Geography and Geography of India with a focus on AP. 5. Indian polity and Economy – including the country’s political system- rural development – Planning and economic reforms in India. 6. Mental ability – reasoning and inferences. 7. DISASTER MANAGEMENT (Source : CBSE Publications) 1. Concepts in disaster management and vulnerability profile of India / State of A.P. 2. Earth quakes / Cyclones / Tsunami / Floods / Drought – causes and effects. 3. Man made disasters - Prevention strategies. 4. Mitigation strategies / Mitigation measures MAIN EXAMINATION (CONVENTIONAL TYPE) GENERAL ENGLISH (X CLASS STANDARD, QUALIFYING FOR INTERVIEW) 1. Comprehension 2. Precis-writing 3. Re-arrangement of sentences 4. Correction of sentences 5. Synonyms 6. Antonyms 7. Filling in the blanks 8. Correction of spellings 9. Vocabulary and usage 10. Idioms and phrases ...
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...Economic Reforms in India since 1991: Has Gradualism Worked? by Montek S. Ahluwalia* India was a latecomer to economic reforms, embarking on the process in earnest only in 1991, in the wake of an exceptionally severe balance of payments crisis. The need for a policy shift had become evident much earlier, as many countries in east Asia achieved high growth and poverty reduction through policies which emphasized greater export orientation and encouragement of the private sector. India took some steps in this direction in the 1980s, but it was not until 1991 that the government signaled a systemic shift to a more open economy with greater reliance upon market forces, a larger role for the private sector including foreign investment, and a restructuring of the role of government. India’s economic performance in the post-reforms period has many positive features. The average growth rate in the ten year period from 1992-93 to 2001-02 was around 6.0 percent, as shown in Table 1, which puts India among the fastest growing developing countries in the 1990s. This growth record is only slightly better than the annual average of 5.7 percent in the 1980s, but it can be argued that the 1980s growth was unsustainable, fuelled by a buildup of external debt which culminated in the crisis of 1991. In sharp contrast, growth in the 1990s was accompanied by remarkable external stability despite the east Asian crisis. Poverty also declined significantly in the post-reform period, and at a...
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...Special articles Power Politics Process of Power Sector Reform in India Power sector policy in India appears to have locked itself into adverse arrangements at least twice in the recent period. The first was when agricultural consumption was de-metered and extensive subsidies were offered; the second when Independent Power Producer contracts with major fiscal implications were signed by the State Electricity Boards. A third set of circumstances, with the potential for equally powerful forms of institutional lock-in, appears to be in the making with the reproduction of the Orissa model on the national scale. This paper provides an analysis of the social and political context in which power sector reforms have taken place in India. While a state-led power sector has been responsible for substantial failures, is the design of the reformed sector well aimed at balancing efficiency and profit-making on the one hand and the public interest on the other? The discussion of the forces and actors that have shaped the reform processes is intended to contribute to an understanding of how the public interest can best be served in the ongoing effort to reshape the power sector. NAVROZ K DUBASH, SUDHIR CHELLA RAJAN I Introduction he electric power sector in India is in a state of upheaval. Over the decade of the 1990s, the long-held belief in public ownership and operation of this critical sector has been eroded. In its place has emerged a growing vision of the sector organised around...
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...referendum. This was achieved through many years of consultation between the government and stakeholders of the land sector, mainly civil society organizations. The need for land reform was also identified by the Kenya National Dialogue and Reconciliation as key to long-term peace and reconciliation. The policy aims to address Kenya’s land tenure problems that have caused political violence during elections and mass displacements of the local population due to unresolved land grievances. Internal displacement and land problems in Kenya are a product of the colonial legacy, where the land policy favored the white settlers against the African natives. After independence successive governments inherited these policies and land became political tool to rewards loyalties further creating divisions and discontent. A myriads of land-related conflicts followed pitting communities against each other as political elites continue to benefits. The inability of the government of Kenya to adequately address the land question has implied that the basic needs of significant proportion of the Kenyan population are not met. The basis of the new law is address the root causes of violence. The National land policy addresses inequitable distribution of land, land administration issues, access to land, land use planning, restitution of historical injustices, environmental degradation, conflicts, unplanned proliferation of informal urban settlements, outdated legal framework, institutional framework...
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...CHAPTER - XIII POWER SECTOR REFORM IN ORISSA: A CASE STUDY IN RESTRUCTURING As per our Constitution, power industry is the combined responsibility of the Central Government and the State Governments. The ESA (Electricity Supply Act) envisaged three kinds of entities in the power-sector: State Electricity Boards (SEBs), generating companies, and licensees. SEBs are allowed to generate, transmit, and distribute electricity within a state; they enjoy all the powers of a licensee. They account for 65 per cent of the power generated in the country. Generating companies are responsible for supplying power to the grid without the specific responsibility of retail distribution. Major players in this category are NTPC (National Thermal Power Corporation), NHPC (the Hydro-electric analogue of NTPC), and NPCIL (Nuclear Power Corporation of India Limited). Though ESA allowed only the governments to set up generating companies till 1991, thereafter it was de-reserved. Independent Power Producers (IPPs) now fall under this category. Existing licensees are private-sector utilities licensed by a State Government for power generation, distribution, or both within a specified area. For example, Gujarat Industrial Power Corporation is only into generation and Central Electricity Supply Corporation (in Orissa) is confined to distribution, whereas Bombay Suburban Electric Supply Limited (BSES) and Tata Electric Company (TEC) are involved both in generation and distribution. The...
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...(GoI, 1985) Since the 1960s: educational planning had taken the step towards the dream of Nehru’s full realization of a system of advanced research institutes and scientific and technological training. Large investments, mainly financed by foreign aid, were made in this direction, and aggravated the imbalance that existed between the massive and inexpensive access to illiteracy higher education. (GoI, 1986a) The government has taken new primary schools opened at a rapid pace, but could not take care of the material and educational conditions prevailing in them. After the experience of "basic education" had ended in any by name in most states in the mid-1960s, there was no prospect left in primary education to avoid the drift. The expansion continues, as evidenced by the government's commitment...
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...Productivity Commission Annual Report Series © COMMONWEALTH OF AUSTRALIA 2009 ISSN ISBN 978-1-74037-286-2 1035-5243 This work is subject to copyright. Apart from any use as permitted under the Copyright Act 1968, the work may be reproduced in whole or in part for study or training purposes, subject to the inclusion of an acknowledgment of the source. Reproduction for commercial use or sale requires prior written permission from the Attorney-General’s Department. Requests and inquiries concerning reproduction and rights should be addressed to the Commonwealth Copyright Administration, Attorney-General’s Department, Robert Garran Offices, National Circuit, Canberra ACT 2600. This publication is available in hard copy or PDF format from the Productivity Commission website at www.pc.gov.au. If you require part or all of this publication in a different format, please contact Media and Publications (see below). Publications Inquiries: Media and Publications Productivity Commission Locked Bag 2 Collins Street East Melbourne VIC 8003 Tel: Fax: Email: (03) 9653 2244 (03) 9653 2303 maps@pc.gov.au General Inquiries: Tel: (03) 9653 2100 or (02) 6240 3200 An appropriate citation for this paper is: Productivity Commission 2009, Annual Report 2008-09, Annual Report Series, Productivity Commission, Canberra JEL code: D The Productivity Commission The Productivity Commission, is the Australian Government’s independent research and advisory body on a range of economic, social and...
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...First of all I will discuss China’s historical background and its need for reform and also how economic reform started out in 1978. Then I will go on to cover the four major economic institutions that needed to be reformed in order for China to become a market economy. These four major economic institutions will then be discussed in detail. This paper will then go briefly into China joining the WTO and will conclude with China’s economic situation at present. Chinese economic policies and institution have undergone a number of extreme changes since the establishment of the Communist regime in 1949. After the Communist Party took national power in 1949, the disorder caused by the imperialist invasions and domestic wars were put to an end and China began to strive for development by following Russia’s example in pursuing Leninist and Marxist doctrine. By following this doctrine they would replace free market and private ownership with socialist planning and public ownership. In order for this to become a reality China had to pursue radical revolutionary domestic and foreign policies to overcome the resistance to the Chinese Communist movements. After closing its doors to western concepts of capitalism and free market economy it seemed like China was doing well but it was soon evident that the rigid planning and the command market economy was becoming inefficient. In contrast to the western economies China was indeed falling behind. Even China’s neighbors such as Taiwan, Singapore...
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...From the Hindu Rate of Growth to the Hindu Rate of Reform Though economic liberalisation in India can be tracked back to the late 1970s, economic reforms began in earnest only in July 1991. Due to the existence of Licensing Raj, the Hindu rate of growth existed prior to 1991. India was a very slowing- growing economy at an average rate of 2.4 percent per year. India’s economy was much below not just East Asia and China but also Latin America and even Sub-Saharan Africa. Those were the times when Life expectancy was one of the world’s lowest, only a small proportion of the adult population was literate The Licensing Raj brought with it many restrictions on the setting up and running of businesses in India. The Planning commission centrally administered the economy of the country. There was intervention by the state in most of the matters including influence over resource allocation, what the private firms will invest in and how much they can invest, how the goods capacity was to be utilised, the price of the product at which it would be sold. The licensing to running businesses was given to a select few under the LICENSE RAJ. Firms in the formal economy became ever more dependent on government approvals for the most basic business decisions. In agriculture, private investment in storage was controlled indirectly by ceilings on the amount and in some states the period for which commodities can be stored. The central pillar of the policy was import substitution, the belief...
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