QUIZ FOR THE DAY – 21-02-2020

Today we present infographics on food grain production from 2005 to 2020 (estimated). Today's quiz: a. India has been increasing its food grain production since 2005. TRUE or FALSE b. What is the record food grain production and when was it achieved? So check out this site www.industrialeconomist.com for regular updates. Answer:  a. TRUE b. 291 Million tonnes; 2019 - 20

QUIZ FOR THE DAY – 20-02-2020

Today we present infographics on the current account balance and foreign exchange reserves for India. Today's quiz: a. Do you consider the performance of Current Account Balance healthy or otherwise? b. More exports and fewer imports will help to build foreign exchange reserves. True or False  So check out this site www.industrialeconomist.com for regular updates. Answer:  a. Healthy b. True

Tamil Nadu’s finances are not in great shape

Deputy Chief Minister, O Panneerselvam, who handles finance also, in his budget speech presented a detailed report on the performance of the different departments and listed the allocations. The budget for 2020-21 estimates a revenue of Rs 219,375 crore comprising Rs 149,429 crore of state’s own revenues and Rs 69,946 crore

QUIZ FOR THE DAY – 18-02-2020

Today we present infographics on the growth rate of gross value added (GVA) for Agriculture, Services and Industrial sectors. GVA is an indicator of the economic activities happening in our country across sectors. Today's quiz: a. Which sector has seen a growth in gross value added (GVA) from 2017 to 2019?  b. The contribution of agriculture

Retain UII headquarters in Chennai

A couple of years ago, the Union government proposed the merger of the three public sector General Insurance Companies into a single listed enterprise. The New India Assurance Company Ltd., the largest of the general insurance company became a listed company but the merger of the other three has been pending.  Public

QUIZ FOR THE DAY – 14-02-2020

Today we present infographics of KBK Graphics on highlights of Economic Survey for 2019-20. The economic survey presented ahead of the budget provides highlights of performance of the economy and indicates the direction for growth.   Today's quiz: a. What is the new term that depicts the economics of a 'thali' meal?  b. What is

Tax matters

Largely a tax non-compliance society... “There are many professionals across the country - lawyers, doctors and chartered accountants, But it was unbelievable but true that only 2200 professionals in the country had declared earnings of Rs 1 crore per annum.” "In the last five years, more than 1.5 crore cars have been

QUIZ FOR THE DAY – 13-02-2020

Today we present infographics of KBK Graphics on Receipts, expenditure and deficit trends for budget 2020-21. It has got a lot of data. Please check your familiarity with simple facts.  Today's quiz.  a. There are three types of budget, balanced budget, surplus budget and deficit budget. Our union budget comes under which category? b. When

Reviving up performance of PSUs…

The Public Enterprises Survey tabled in the parliament pointed to the PSUs profit rising by 15.5 per cent during 2018-19. Also, it mentioned IOC, NTPC and ONGC as the PSUs that ranked the top 3 in making profits. MTNL, BSNL and Air India were the PSUs that recorded the most

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