The Solow growth model was introduced by two very famous economists named Robot Solow and Trevor Swan in the year 1956. The Solow growth model is also known as the Swan growth model. This model is considered to be of great importance in macroeconomics. The Solow growth model is usually used in the long run, ... Read more
Atmanirbhar Bharat Abhiyan is the concept of self-reliance, was introduced by the Hon'ble Prime Minister Shri Narendra Modi in the wake of the Covid-19 Pandemic which was the worst crisis, the world is facing in the 21st century. The program was launched on 12th May 2020 and under it, various economic packages were introduced. Under ... Read more
Union Home Minister Amit Shah launched Ayushman Bharat CAPF on 23rd January 2021 for personnel and dependents of the Central Armed Police Forces. It is a joint initiative by the Ministry of Home Affairs and the National Health Authority. The Scheme is a part of the Ayushman Bharat Scheme which delivers the medical benefit of ... Read more
![Fisher’s Theory of Interest Rates [Explained with examples] 8](https://www.prep4ias.com/wp-content/uploads/2022/10/fisher-e1666970731358.jpg)
Fisher’s theory is also known as Fisher’s Hypothesis or sometimes as Fisher’s effect. This theory was put forward by a very famous economist named Fisher Irving. This theory is based on the relationship between inflation and interest rates (both real and nominal). The theory proposes that the real interest rate is the one that has ... Read more
![What is Jal Jeevan Mission Scheme [Complete Analysis] 9](https://www.prep4ias.com/wp-content/uploads/2022/10/jaljeevan-e1666949741551.jpg)
Jal Jeevan Mission, is envisioned to provide safe and adequate drinking water through individual household tap connections by 2024 to all households in rural India. NITI Aayog in 2018 predicted in the NITI Aayog’s Composite Water Management Index (CWMI), that 21 states in India can experience extreme water scarcity including the scarcity of drinking water. ... Read more