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Wildlife Protection Act 1972 for UPSC Exam | Legacy IAS

Wildlife Protection Act 1972 On 5th June 1972: UN Conference on Human Environment in Stockholm. That is why, 5th June came to be celebrated all over the world as World Environment Day.  India took big step by enacting The Wildlife (Protection) Act in 1972. Constitutional Provisions Article 48-A : “The State shall endeavour to protect […]

V1C1: WEALTH CREATION: The Invisible Hand Supported by Hand of Trust

The Economic Survey 2019-2020 has laid stress on wealth creation through the ‘invisible hand of markets’ with the support of the ‘hand of trust’. Invisible hand of markets The ‘invisible hand of markets’ is Adam Smith’s philosophy of wealth creation and economic development and it refers to the indirect or unintended benefits for society that […]

Introduction to Economic Survey 2020

The Economic Survey of India — flagship annual document of the Ministry of Finance, Government of India. Presented by: The Department of Economic Affairs, Ministry of Finance presents the Survey in the Parliament — both houses When: Every year, just before the Union Budget. Prepared by: It is prepared under the guidance of the Chief […]