Critical minimum effort Theory

The critical minimum effort theory was propounded by Prof. Harvey Leibenstein in his book Economic Backwardness and Economic growth. He discusses that underdeveloped countries are characterized by vicious circle of poverty which keeps them around a low income per capita equilibrium state. This circle is believed to be so vicious and deep rooted that no small effort


MGNREGA

What is MGNREGA or Mahatma Gandhi National Rural Employment Guarantee Act MGNREGA or Mahatma Gandhi national rural employment guarantee Act 2005  is an act to provide legal guarantee of 100 working days of wage employment to every rural household whose adult members volunteer to do unskilled manual work in every financial year. Under MNREGA the members


AMRUT Cities

AMRUT Cities

What are AMRUT Cities ? Cities/Towns covered under AMRUT are the areas which have been shortlisted/chosen for implementation of initiatives which will be undertaken Atal mission or Atal Mission for Rejuvenation and Urban Transformation and these areas are referred as AMRUT Cities. Ministry of Urban Development (MoUD), govt. of India will select 500 areas which will be


List of Cities/towns covered under AMRUT

Here we have listed List of Cities/towns covered under AMRUT. The list has been prepared as per towns/cities given on official website of  AMRUT as on 24th August 2015. List of Cities/towns covered under AMRUT has been prepared on basis of below mentioned criteria  500 Cities/towns covered under AMRUT will be notified as appropriate time. Currently list of


Atal Mission for Rejuvenation and Urban Transformation (AMRUT)

What is AMRUT AMRUT is the acronym for Atal Mission For Rejuvenation And Urban Transformation which aims at providing basic services like water supply, transport solution, sewerage, drainage facilities to households. It also aims at building facilities and amenities which will improve the Quality of Life (QOL) for all, especially for the poor and the disadvantaged.  AMRUT


Monopoly

A Monopoly is said to exist when a person/firm/company is the only supplier of a product/commodity or service. Pure monopoly – where only one producer exists in the industry In reality, rarely exists – always some form of substitute available Monopoly exists, where one firm dominates the market Firms may be investigated for examples of