26 July Economics For Business

Economics for business AFTERSCHOOOL – DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL

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Economics for business Dr. T.K. Jain. AFTERSCHOOOL Centre for social entrepreneurship Bikaner M: 9414430763 [email protected] www.afterschool.tk www.afterschoool.tk www.afterschoool.tk

AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is PMGSY?  Prime

Minister Gram Sadak Yojana (started in dec. 2000)

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is SGRY?  Sampoorna

Grameen Rojgar Yojna (started in 2001). Employment assurance scheme & jawahar gram sammridhi yojana were merged in this scheme.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is SGSY?  Swampoorna

Grameen Swarozgar Yojana (STARTED IN 1999).  It is refined version of Integrated rural development programme and Million wells seheme.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is NFFWP?  National

Food for Work Programme  STARTED IN 2004.

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What is SJSRY?  Swarna

Jayanti Sahari Rozgar Yojana  Started in Dec. 1997.  Nahry Rozgar Yojana & Urban Basic services Programme & PM IUPEP were merged into this scheme.  UBSP: Urban Basic services Programme  PM IUPEP=Prime minister integrated urban poverty eradication programme. www.afterschoool.tk

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What is DPAP?  Drought

Prone Area Programme  Started in 73 – 74.

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What is DDP?  Desert

Development Programme  STARTEDIN 77-78

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What is IWDP?  Integrated

Wasteland Development Programme  STARTED IN 89-90.

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What is VAMBAY?  Valmiki

Ambedkar Awas Yojana.  Startd in 2001.

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What is GINI coefficient?  It

is a standard for measuring poverty.

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What is the difference between absolute poverty & relative poverty? 

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Concept of absolute poverty is relavant to less developed countries Concept of relative poverty is relavant to developed countries. In absolute poverty, we look at basic level, which is required In relative poverty, we look at comparison of people and take bottom 10% as poor.

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What is structural unemployment?  Unemployment

due to structural changes in the economy – for example, there is requirement of people in retail sector in India – but not in traditional sectors.

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What is disguised unemployment?  When

we have surplus manpower in some work (instead of 5 persons, 7 persons are working on that work).  It is underemployment.

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What is cyclical unemployment?  There

are trade cycles - sometime boom, sometimes recession. In cyclical unemployment, we have the impact of trade cycles on employment.

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What is seasonal unemployment?  Some

industries employ people during a season only – for example, rice mills, sugar mills, hotel industry in desert areas (only during winter), etc. during off season – there are no jobs for those people.

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What is frictional unemployment?  When

some workers are temporarily out of job – or changing jobs – this is temporary phenomenon.

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What is chronic unemployment?  When

it is long term unemployment in a country, it is called chronic unemployment.

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What is technological unemployment?  Introduction

of latest technology or new machinery generates this unemployment.

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What is CDS?  Current

daily status (this is a measure of unemployment)

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What is CWS?  Current

weekly status (this is a measure of unemployment)

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What is USUAL STATUS?  Number

of persons who are chronically unemployed (this is a measure of unemployment)

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What is NSSO?  National

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Samples Survey Organisation.

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What is NTPC?  National

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Thermal Power Corporation

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What is NPCIL?  Nuclear

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Power Corporation of India Ltd.

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What is SEB?  State

Electricity Board.

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Who is the major user of energy in India (sector) and for what share?  Industry

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= 50%

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Who is the 2nd major user of energy in India (sector) and for what share?  Transport

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= 22%.

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What is energy requirements by agricultural sector?  9%

of total energy.

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What is OPEC?  Organisation

of petroleum exporting

countries.

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Which country has world’s 2nd status in terms of length of railway and roads?  India

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When will national grid be ready?  2012.  (it

will connect all India for power supply).

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What is PLF?  PLANT

LOAD FACTOR (it is measure of capacity of a power plant).

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What is GRT?  Gross

Registered Tonnage  (it is a measure of shipping of goods).

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When was postal services started in India?  1837.

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Which country has the largest postal network in the world?  India.

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Where do we have green field projects for setting up international airports?  Hyderabad,

bangalore, Goa, Navi Mumbai, Sikkim, Kochi etc.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

How many airports are there under Airport Authority?  92

(5 internationa, 26 domestic enclaves in defence airports and other domestic airports).

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What is PCO?  Public

calls office

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What is MTNL?  Mahanagar

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Telephone Nigam Limited.

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What is VPT?  Village

public telephone

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What is TRAI?  TELECOM

REGULATORY AUTHORITY

OF INDIA

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What is NIXI?  National

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Internet Exchange of India

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On how many persons, do we have one doctor (on an average)?  1600

persons on an average

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On how many persons, do we have one health centre (on an average)?  5500

persons on an average.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

On how many persons, do we have one hospital / dispensary (on an average)?  25000

persons on an average.

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On how many persons, do we have one nurse (on an average)?  1100

on an average.

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What is NPE?  National

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policy on education

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What is EGS+AIE?  Education

Guarantee Scheme & Innovative Education

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is SSA?  Sarva

Shiksha Abhiyan

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What is GER?  Gross

Enrolment Ratio

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What is NLM?  National

literacy mission - started in

1998

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What is TLC?  Total

literacy Campaign

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

Where do we have IIMs?  Ahmedabad  Kolkata  Bangalore  Lucknow  Indore  Kozikode  Shilong www.afterschoool.tk

AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is PSK?  Prambhik

shiksha kosh (for elementary education).

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What are T & D losses in energy sector?  Transmission

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& Distribution losses

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What is deflation?  When

prices are falling and purchasing price of money is increasing, it is called deflation. It is opposite of inflation.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is stagflation?  Combined

phenomenon of demand pull and cost push inflation is called stagflation.

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What is demand pull inflation?  When

prices increase due to increasing demand, it is called demand pull inflation.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is cost push inflation?  When

prices increase due to increasing cost, it is called demand pull inflation.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is deficit financing?  When

the government spends more then its revenue, it is called deficit financing. The shortage of revenue is met by borrowings from central bank, which in turns prints out new currency.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is FRBM bill?  Fiscal

Responsibility and Budget Management Bill 2000. (it aims to reduce fiscal deficit by .5% of GDP in each of the financial from 2000 onwards).

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

What is fiscal deficit as % of GDP?  4%

approximate.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

India is passing through which stage of demographic transition?  2nd

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India has what share of world’s population?  Approx.

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17 % or 1/6

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Which is the year of great divide in India in terms of population?  1921

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Which state has highest literacy in India?  Kerala

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Which is the principal source of power in India?  Thermal

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power

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Non-commercial traditional sources of energy still account for what share of India’s total energy?  Approx.

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1/5th

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On an average, one post office serves how many persons in India?

6615

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Which port has highest traffic in India?  Vishakhapatnam.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

ABO UT A FTERSCH OOO L Afterschoool conducts three year integrated PGPSE (after class 12th along with IAS / CA / CS) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CS / CFP / CFA /CMA / FRM. This course is also available online also. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from afterschoool and help us in developing society.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

Why such a programme? 

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To promote people to take up entrepreneurship and help develop the society To enable people to take up franchising and other such options to start a business / social development project To enable people to take up social development as their mission To enable people to promote spirituality and positive thinking in the world

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Who are our supporters?  Afterschoolians,

our past beneficiaries, entrepreneurs and social entrepreneurs are supporting us.  You can also support us – not necessarily by money – but by being promotor of our concept and our ideas.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

About AFTERSCHOOOL PGPSE – the best programme for developing great entrepreneurs     

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Most flexible, adaptive but rigorous programme Available in distance learning mode Case study focused- latest cases Industry oriented practical curriculum Designed to make you entrepreneurs – not just an employee Option to take up part time job – so earn while you learn The only absolutely free course on internet

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

Workshops from AFTERSCHOOOL         

IIF, Delhi CIPS, Jaipur ICSI Hyderabad Branch Gyan Vihar, Jaipur Apex Institute of Management, Jaipur Aravali Institute of Management, Jodhpur Xavier Institute of Management, Bhubaneshwar Pacific Institute, Udaipur Engineering College, Hyderabad

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

Flexible Specialisations:          

Spiritualising business and society Rural development and transformation HRD and Education, Social Development NGO and voluntary work Investment analysis,microfinance and inclusion Retail sector, BPO, KPO Accounting & Information system (with CA / CS /CMA) Hospital management and Health care Hospitality sector and culture and heritage Other sectors of high growth, high technology and social relevance

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

Salient features: The only programme of its kind (in the whole world)  No publicity and low profile course  For those who want to achieve success in life – not just a degree  Indepth knowledge and expertise  Professional approac: World class approach  Strong intellectual and business capabilities  Flexible – you may stay for a month and continue the rest of the education by distance mode. / you may attend weekend classes  Scholarships for those from poor economic background  Latest and constantly changing curriculum – keeping pace with the time  Placement for those who are interested  Admissions open throughout the year  Latest and most advanced technologies, books and study www.afterschoool.tk AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS material 

Components              

Pedagogy curriculum and approach based on IIM Ahmedabad and ISB Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad) Meditation, spiritualisation, and self development Essential softwares for business Business plan, Research projects Participation in conferences / seminars Workshops on leadership, team building etc. Written submissions of research projects/articles / papers Interview of entrepreneurs, writing biographies of entrepreneurs Editing of journals / newsletters Consultancy / research projects Assignments, communication skill workshops Participation in conferences and seminars Group discussions, mock interviews, self development diaryng Mind Power Training & writing workshop (by Dr. T.K.Jain)

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

Pedagogy          

Case analysis, Articles from Harvard Business Review Quiz, seminars, workshops, games, Visits to entrepreneurs and industrial visits Presentations, Latest audio-visuals Group discussions and group projects Periodic self assessment Mentoring and counselling Study exchange programme (with institutions out of India) Rural development / Social welfare projects

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

Branches  AFTERSCHOOOL

will shortly open its branches in important cities in India including Delhi, Kota, Mumbai, Gurgaon and other important cities. Afterschooolians will be responsible for managing and developing these branches – and for promoting social entrepreneurs.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

Case Studies  We

want to write case studies on social entrepreneurs, first generation entrepreneurs, ethical entrepreneurs. Please help us in this process. Help us to be in touch with entrepreneurs, so that we may develop entrepreneurs.

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

Basic values at afterschoool        

Share to learn more Interact to develop yourself Fear is your worst enemy Make mistakes to learn Study & discuss in a group Criticism is the healthy route to mutual support and help Ask fundamental questions : why, when, how & where? Embrace change – and compete with yourself only

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS

www.afterschoool.tk social entrepreneurship for better society

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AFTERSCHOOOL MATERIAL FOR PGPSE PARTICIPANTS