Arthapedia

Time 2020-11-18 16:04:52

Web Name: Arthapedia

WebSite: http://www.arthapedia.in

ID:120161

Keywords:

Arthapedia,

Description:

Arthapedia is a portal for facilitating understanding of the Indian Economy and its governance by explaining the concepts used in the economic policy domain in India. This portal is managed by government economists of India (known as Indian Economic Service (IES) Officers) and is intended to cater to the requirements of their counterparts in other countries as well as to academicians, economists, policy practitioners, financial journalists, students and to any interested citizen, both within the country and abroad. The objective of this portal is to increase transparency in government by simplifying indigenous concepts or by introducing domestic institutions to support the professional development of public policy economists. It is meant to enrich and enhance citizen friendly policy formulation through dialogue and collaborative action.The motivation behind this site is the then Chief Economic Advisor at Ministry of Finance, Government of India- Dr. Kaushik Basu (Dec 2009 - July 2012)- who on the occasion of fiftieth year of establishment of Indian Economic Service inspired IES officers to create a website for explaining economics related concepts which are of relevance to India.The forerunner for this website is the internally circulated daily newsletter iES Today which was widely received and appreciated by policy makers of the country. Members: All serving IES officers are automatically members of this website and are vested with the rights for writing the content. The Government of India does not monitor the entries and the views expressed therein are not necessarily those of the government. The entries, therefore, must not be treated as official statements of policy or definitions. GDP deflatorThe Gross Domestic Product (GDP) deflator is a measure of general price inflation. It is calculated by dividing nominal GDP by real GDP and then multiplying by 100. Nominal GDP is the market value of goods and services produced in an economy, unadjusted for inflation (It is the GDP measured at current prices). Real GDP is nominal GDP, adjusted for inflation to reflect changes in real output (It is the GDP measured at constant prices).GDP Deflator             =          Nominal GDP  x 100 ... Read more This page was first created on 18 August 2011, at 01:22 and last modified on 15 February 2016, at 10:56.

TAGS:Arthapedia 

<<< Thank you for your visit >>>

Hot Websites