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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AFTERSCHOOOL MATERIAL FO
R PGPSE PARTICIPANTS

Economics for business

Dr. T.K. Jain.
AFTERSCHOOOL
Centre for social entrepreneurship
Bikaner
M: 9414430763
tkjainbkn@yahoo.co.in
www.afterschool.tk
www.afterschoool.tk
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AFTERSCHOOOL MATERIAL FO
R PGPSE PARTICIPANTS

What is PMGSY?
Prime

Minister Gram Sadak Yojana

(started in dec. 2000)

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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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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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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.
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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?

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

Samples Survey Organisation.

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What is NTPC?
National

Thermal Power Corporation

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What is NPCIL?
Nuclear

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

= 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 worlds 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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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

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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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

policy on education

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What is EGS+AIE?
Education

Guarantee Scheme &

Innovative Education

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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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Where do we have IIMs?

Ahmedabad
Kolkata
Bangalore
Lucknow
Indore
Kozikode
Shilong
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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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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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What is cost push inflation?

When

prices increase due to increasing

cost, it is called demand pull inflation.

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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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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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What is fiscal deficit as % of

GDP?
4%

approximate.

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India is passing through which stage

of demographic transition?
2nd

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India has what share of worlds

population?
Approx.

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

power

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Non-commercial traditional sources

of energy still account for what
share of Indias total energy?
Approx.

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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ABOUT AFTERSCHOOOL
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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Why such a programme?

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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About AFTERSCHOOOL PGPSE the best

programme for developing great entrepreneurs

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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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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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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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 material

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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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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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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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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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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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www.afterschoool.tk
social entrepreneurship for better
society

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