JKPSC (JKAS) PPS-V: Economy (1st Edition)

Drishti Ias: Your Gateway To Success In Competitive Exams.Economic Planning And Developmenteconomic Planning: Government Strategy To Allocate Resources Set Priorities And Achieve Developmental Goals.Five-Year Plans: Historical Context Of Planning In India; Objectives Achievements And Challenges.Niti Aayog: Replaced Planning Commission; Focus On Cooperative Federalism And Sustainable Development.2. Economic Indicatorsgdp (Gross Domestic Product): Measures Total Economic Output; Nominal Vs. Real Gdp.Gnp (Gross National Product): Total Economic Output Including International Income.Inflation: General Increase In Prices; Measured By Cpi (Consumer Price Index) And Wpi (Wholesale Price Index).Unemployment Rate: Labor Market Indicator; Types Include Frictional Structural And Cyclical.3. Agriculture And Rural Economyagricultural Productivity: Factors Affecting Crop Yield; Technological Advancements And Challenges.Rural Development Schemes: Mgnrega Pradhan Mantri Awaas Yojana Etc.; Objectives And Impact.Agricultural Policies: Msp (Minimum Support Price) Subsidies And Reforms.