British-born Oliver Hart and Bengt Holmstrom of Finland won the Nobel Memorial Prize in Economic Sciences for their contributions to contract theory, shedding light on how contracts help people deal with conflicting interests. What is Contract Theory? Contract theory provides us with a general means of understanding contract design. One of the theory’s goals is …
Over the past week, Indus Water Treaty has been in NEWS. This is a detailed article on the same. Indus Water Treaty: The Background At the time of independence, the boundary line between Pakistan and India was drawn across the Indus Basin, leaving Pakistan as the lower riparian meaning water from Indus & tributaries flowed from India to Pakistan. Moreover, two …
GS-I Considering the state of present relations with Pakistan. Should India put a hold on Trade with Pakistan? Comment. GS-II What are genetically modified crops? Comment on the issue surrounding their application in Indian Scenario. GS-III Describe the role of Governor in Indian Polity.
One of the special features at Global Rajasthan Agritech Meet 2016’ (GRAM) will be the proactive promotion of the ‘Online Mandis’ through promoting farmers to register in the electronic National Agriculture Market (eNAM). It should be noted that concept of Online Mandis has already started to bring in more transparency, greater competition and better returns …
Considering the challenges along its border with Pakistan, India has decided to completely seal the international border in a time-bound manner by December 2018. A meeting in this regard was held In Jaisalmer, Rajasthan between Home Minister Rajnath Singh and representatives of 4 states sharing border with Pakistan. Further, a new concept of Border Security Grid (BSG) …
