Muhammed Salim. A.P
Muhammed Salim. A.P
Born in 1985 August at Kodalipoyil, a village in Kerala, India. Primary and secondary education were from the schools in nearby town Pothukallu. UG & PG were from University of Calicut and BEd degree from University of Kerala. Started career in June 2010.
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Governments may be unitary or federal. Unitary government is one which full power is concentrated. Federal government is one which power is distributed to different levels of government. Unitary government is prevalent in UK, France, Germany, Austria and most countries of Asia. US and Canada are the classic examples of federal system of government.
Although Kerala has made remarkable outcomes in its ‘social variables’ such as health and education at economic rate, the concerns on its permanence are strong. Some economists have expressed ambiguity on the standing of the so called Model even though some have backed the Model. Nevertheless, outcomes made by the state have been acknowledged b
Governments at the centre since independence focused on providing easy access to finance and poverty alleviation. The branch expansion programmes were started in the country since the nationalisation of banks in 1969. Expansion of rural credit market has been the centre of financial policies in developing countries. Reach of banking services in rur
National governments have to follow certain principles for allocating fund and functions among governments among various levels. 1) Fiscal autonomy: Each government in a federation should be free to raise revenue and spend them. Autonomy should be given in fiscal matters: fixing taxes and tax rates, collecting taxes and giving tax relaxation. Thus
Glad to know that India's rank surged by 30 positions on World Bank's 'Ease of Doing Business'. But still have to deeply worry about the following 'easiness of business indicators' on which we lie at the bottom.Starting a business (rank: 156)Construction Permits (rank: 181)Property registration (rank: 154)Trading across boarders (rank: 146) Enforci
Capital base of banks are strengthened by recapitalization and public equity issues. Government through budget allocation, recapitalizes the bank’s total capital. Recapitalization of bank is the process of raising capital through government allocation and equity issues to the public. New private sector banks were licensed and branch licensing nor
Fund transfer from national government to sub-national governments can be classified into two: conditional and unconditional. Conditional transfer of fund: Fund is transferred to lower level governments with certain set of spending instructions by the top level government. The fund cannot be spent in their own sake. It should be spent only for the
1) Saving Banks Saving banks are established to create saving habit among the people. These banks are helpful for salaried people and low income groups. The deposits collected from customers are invested in bonds, securities, etc. At present most of the commercial banks carry the functions of savings banks. Postal department also performs the funct
First phase 1861-1919: There was a system of provincial administration during British rule in India. Relation between British administration or central province and provinces was the example for the federal system of administration before independence. Provinces were given the right to collect certain taxes. With that, annual lump sum grant and rec
Even though fiscal federalism and fiscal decentralization are used in same meaning in some respects, both are more or less different in some respects. Fiscal federalism is a broad concept which is not only applicable to officially declared federations but non-federal states also. Government having the power of all regions in their large territory h