Planning commission and national development council

Planning commission and national development council Planning commission The Planning Commission was an institution in the Government of India, which formulated India’s Five-Year Plans, among other functions. Background Rudimentary economic planning, deriving from the sovereign authority of the state, was first initiated in India in 1938 by Congress President and Indian National Army supreme leader … Read more Planning commission and national development council

National and state SC/ST commission

National and state SC/ST commission National SC commission National Commission for Scheduled Castes (NCSC) is an Indian constitutional body established with a view to provide safeguards against the exploitation of Scheduled Castes to promote and protect their social, educational, economic and cultural interests, special provisions were made in the Constitution.   Functions To investigate and … Read more National and state SC/ST commission

Role and Functions of Reserve Bank of India and commercial banks

Role of RBI Pre-reform Post-reform Developmental Role: the developmental role has increased in view of the changing structure of the economy with a focus on SMEs and financial inclusion Priority Sector Lending: Introduced from 1974 with public sector banks. Extended to all commercial banks by 1992 In the revised guidelines for PSL the thrust is … Read more Role and Functions of Reserve Bank of India and commercial banks