Contact: 7737313911 Economy of

RAS Pre Syllabus as per RPSC 2021, Syllabus: 1. Macro overview of Economy. 2. Major Agricultural, Industrial and Service Sector Issues. 3. Growth, Development and Planning. 4. Infrastructure & Resources. 5. Major Development Projects. 6. Programmes and Schemes- Government Welfare Schemes for SC/ST/Backward Class/Minorities/Disabled Persons, Destitute, Women, Children, Old Age People, Farmers & Labourers.

RAS Pre Syllabus as per RPSC 2021, Ajmer 1 Macro Overview of Economy 12 Overview 12 www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 Macroeconomic Aggregates 15 Directorate of Economics and Statistics, Rajasthan 15 State Domestic Product(SDP) 16 Gross Domestic Product (Country) & SDP (State) 16 Gross State Domestic Product (GSDP) 16 Real GDP, Nominal GDP and GDP Deflator 16 GSDP at Current Price 17 GSDP at constant(2011-12) prices 17 Growth of GSDP of Rajasthan is as follows 17 Net State Domestic Product ( NSDP ) 18 NSDP ( Rajasthan ) at: 19 Gross State Value Added ( GSVA ) 19 The relationship between GVA and GDP 19 Sectoral contribution of GVA at Current & Constant Price 19 GVA at Current Price ( 2020-21 ):(✓) 19 GVA at constant ( 2011-12 ) price: (✓) 20 Sector - wise growth in different sectors of the Economy: 20 Per Capita Income (PCI) 21 Per capita income at: 21 Price Statistics 22 Price Statistics in Rajasthan 22 Wholesale Price Index ( WPI ) of Rajasthan 23 Consumer Price Index(CPI) 23 Major Agricultural, Industrial and Service Sector Issues 25 Agriculture 25 Land Utilisation 25 Operational Land Holding 26 Female Operational Land Holdings 27 Agricultural Production 27 The major scheme and programmes implemented by the Agriculture Department are: 30 Mukhyamantri Beej Swavalamban Yojana:(✓) 30 Eradication of pest and diseases in non-endemic areas 32 Training for women 32 Incentives to Girls in Agriculture Education (✓) 32 Agriculture Demonstration 32 Seed Mini-Kit 32 Micronutrient Mini-kit 32 Zero Budget Natural Farming (✓) 33 Rajasthan Agricultural Competitiveness Project(RACP) (✓) 33 www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 National Food Security Mission(NFSM) 33 National Mission on Agriculture Extension and Technology (NMAET) 33 National Mission for Sustainable Agriculture (NMSA) 34 Rashtriya Krishi Vikas Yojana(RKVY)/National Agriculture Development Programme (✓) 34 Pradhan Mantri Krishi Sinchai Yojana (PMKSY) (✓) 34 Pradhan Mantri Fasal Bima Yojana (PMFBY) (✓) 35 Krishi Karman Award 35 Efforts by State Government to control of Locust outbreak: (✓) 35 Co-operatives in Agriculture 35 Horticulture 38 Schemes implemented to promote horticulture activities in the State: 38 Agriculture marketing Schemes: 39 Agriculture Marketing Board 40 Note: 40 Note: 40 Allieds Sectors of Agriculture 41 Animal Husbandry 41 Major initiatives taken by Animal Husbandry Department during the year 2020-21: 42 Gopalan Department 43 Dairy Development 43 Fisheries 44 Forestry 45 Environment Department 45 Schemes/programmes are being implemented by Environment Department: 46 Rajasthan State Biodiversity Board 46 Rajeev Gandhi Paryavaran Sanrakshan Puraskar 46 Industry 46 Index of Industrial Production(IIP) 47 Micro, Small and Medium Enterprises(MSME) 47 Department responsible for the Industrial development of Rajasthan 49 Department of Industries 49 Bureau of Investment Promotion(BIP) - 1991 51 Rajasthan State Industrial Development and Investment Corporation Limited ( RIICO ) 51 Yuva Udyamita Protsahan Yojana (YUPY) 54 Mining Sector in Rajasthan 56 Rajasthan State Mines and Minerals Limited(RSMML) 57 Oil and Natural Gas 57 www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 Activities of Department of Petroleum during the financial year 2020 - 21 upto December, 2020 58 Exploitation, Production & Development activities of Crude Oil & Natural Gas 58 Rajasthan Refinery Project (✓) 58 Labour 58 Employment Department 59 Rajasthan Skill and Livelihoods Development corporation ( RSLDC ) 60 State Sponsored Schemes/Programmes implemented by RSLDC 60 Reformulation of existing State Sponsored Schemes 60 Central Sponsored Scheme implemented by RSLDC 60 Innovative approach to achieve the vision of ‘Skill Rajasthan’ 61 Services Sector 61 Tourism 62 Important Achievements 62 Important Awards received in the year 2020 ( Tourism Department of Rajasthan ) : 63 Culture 63 Literature 64 Visual Art and Film 64 Performing Arts(Theatre, Music and Dance) 64 Archaeology and Museums 64 Devasthan Department(DD) 65 Schemes of DD 65 Financial Services 66 Information Technology and Communication 67 Schemes/Programmes of the Departments 67 Capacity Building in Government Offices 68 Important steps taken by the Department of IT & C to address the challenges posed by Covid-19: 68 Rajasthan Jan-Aadhar Yojana 69 The main objective of the scheme are: 69 Implementation of the Scheme 70 Administrative set up for implementation the Rajasthan Jan-Aadhaar Yojana is as below 70 Science and Technology 70 Programmes/Schemes 71 Rajasthan Foundation 72 Growth, Development and Planning 72 Development 72

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 Human Development Index 73 Planning 73 Process of Planning in Rajasthan 74 1st FYP(1951-56) 74 2nd FYP(1956-61) 75 3rd FYP(1961-66) 75 3 Year Annual Plans(1966-69) 76 4th FYP(1969-74) 76 5th FYP(1974-79) 77 Annual Plan(1979-80) 77 6th FYP(1980-85) 78 7th FYP(1985-90) 78 Annual Plans(1990-92) 79 8th FYP(1992-997) 79 9th FYP(1997-2002) 80 10th FYP(2002-07) 80 11th FYP(2007-12) 81 12th FYP (20012-17) (✓) 83 Planning Department ( Rajasthan ) 83 Planning Commission -->Niti Aayog 84 Infrastructure & Resources 84 Power 84 Power Generation 84 Installed Capacity 85 Transmission system 85 Implementation of Smart Transmission Network and Asset Management System(STNAMS) 86 Transmission and Generating Projects to be developed through Private sector Participation 86 Transmission Projects 86 Private sector Projects 87 Distribution System 87 Renewable Energy 88 Energy Conservation Programme 90 Road 91 Implementation 91 BOT/PPP/Annuity Project 91 Rajasthan State Highway Development Project-Public Private Partnership(PPP) 91 National Highway Authority of (NHAI) 92 www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 Vikas Path 92 Rajasthan State Road Transport Corporation(RSRTC) - 1964 92 Railways 92 Postal and Telecommunication Services 92 Disaster management and Relief 93 Major Development Projects 93 Rural Development 93 Rajasthan Grameen Aajeevika Vikas Parishad (RGAVP) - RAJEEVIKA 94 Following Livelihood Project funded by GoI are being implemented by RAJEEVIKA 94 Key activity undertaken 94 Mahatma Gandhi National Rural Employment Guarantee Scheme(MGNREGS) (✓) 94 Salient features of the scheme are: 95 Pradhanmantri Awas Yojana- Gramin (PMAY-G) 95 Members of Legislative Assembly Local Area Development Scheme(MLALAD) 96 Members of Parliament Local Area Development Scheme(MPLAD) 96 Mewat Area Development Programme 96 Border Area Development Programme (BADP) 97 Mahatma Gandhi Janbhagidari Vikas Yojana 97 Dang Area Development Programme 97 Magra Area Development Programme 98 Biofuel Authority 98 Achievements 98 Saansad Adarsh Gram Yojana(SAGY) 99 Mukhya Mantri Adarsh Gram Panchayat Yojana (MAGPY) 99 Smart Village 99 Mahatma Gandhi Adarsh Gram Yojana 100 Shyama Prasad Mukherji Rurban Mission (SPMRM) 100 Panchayat Raj 100 Panchayat Raj System has 3 tier structure 100 Function of Panchayati Raj Department/Institutions are: 101 Grant to Panchayati Raj Institutions 101 Swachh Bharat Mission (Rural) 102 Panchayat Award 102 Gram Panchayat Development Plan(GPDP) 102 Rashtriya Gram Swaraj Abhiyan(RGSA) 103 Village Master Plan 103 Gram Pachayat Bhawan Nirman 103 www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 Panchayat Samiti Bhawan Nirman 103 Ambedkar Bhawan 103 Note (✓) 104 Rajiv Gandhi Jal Sanchay Yojana(RGJSY) 104 Pradhan Mantri Krishi Sinchai Yojana (Watershed Component)(PMKSY-WC) / Integrated Water Management Programme(IWMP) 104 Rural Non-Farm Development Agency (RUDA) - 1995 (✓) 104 Geographical Indication(GI) registration 104 Urban Development 105 Urbanisation in Rajasthan: 105 Child Population(0-6 Age group) 105 Sex Ratio 106 Literacy Rate 107 Cities/Urban agglomeration(UAs) with population of 1 lakh and above: 108 Spatial Variation in Urbanisation 108 Migration in Rajasthan(Rural to Urban) 109 Urban development in Rajasthan 109 Metro Rail Corporation 110 Jaipur Development Authority(JDA) 110 Development Authority 110 Ajmer Development Authority 110 Rajasthan Real Estate Regulatory Authority (RERA) 111 Rajasthan Housing Board(RHB) 111 Some of the initiatives of RHB are as follows: 111 Note: 112 Town Planning Department 112 Master Plans: 112 National Capital Region(NCR) 112 Projects in Rajasthan Sub-Region of NCR from NCR planning Board: 112 Department of Local Self Govt 112 Deendayal Antyodaya Yojana 112 Shahari Jan Sahbhagi Yojana(SJSY) 113 Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT) 113 Rajiv Awas Yojana(RAY) 113 Rajasthan Urban Development Fund(RUDF) 113 Seven Sewerage Projects 114 Smart Cities Mission (✓) 114 Amrut Mission 114 LED Light Project 115 www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 Swachh Bharat Mission(Urban) 115 Indira Rasoi Yojana 115 Gaurav path 115 Annapurna Rasoi Scheme 115 Pradhan Mantri Awas Yojana(Urban) 115 Rajasthan Transport Infrastructure Development Fund(RTIDF) 116 Major Welfare Schemes of State Government for SC/ST/Backward Class/Minorities/Disabled Persons, Destitute, Women, Children, Old Age People, Farmers & Labourers 116 Mid-Day Meal Scheme(MIDMS) 116 “UTSAV BHOJ” Yojana in Mid Day Meal (✓) 116 Annapoorna Doodh Yojana: 117 Integrated Child Development Services(ICDS) 117 Pradhan Mantri Matru Vandana Yojana(PMMVY) 117 Kishori Balika Yojana (✓) 117 Nutrition Campaign 117 Women Welfare Fund 118 Indira Gandhi Matritva Poshan Yojana (IGMPY) (✓) (✓) 118 Public Distribution system(PDS) 118 National Food Security Scheme 119 One Nation One Ration Card Scheme 119 Food security to Saharia and Kathodi Tribes 119 Deployment of PoS machines at Fair Price shops 119 Note: 119 Department of Consumer Affairs 119 Rajasthan State Food And Civil Supplies Corporation Ltd. (RSFCSCL) 120 Annapurna Bhandar Yojana 120 Specially Abled Persons 120 Scholarship Scheme for Specially Abled Persons 120 Mukhya Mantri Vishesh Yogyajan Swarojgar Yojana 120 Specially Abled Persons Marriage and Parichay Sammelan 121 Assistance to Prosthetic aid for fitting artificial limbs/equipments 121 Anuprati scheme 121 Silicosis Policy 121 Note: 121 Rajasthan Rights of Persons with Disability Rules, 2018 121 Aastha Scheme 121 Polio Correction Operation Camps Subsidy Scheme 122 State Level awards scheme 122 Sport Competitions for specially abled persons 122 www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 One time Financial Assistance for person Holder Specially Abled Person for self-employment 122 Minority Affairs 122 Post Matric Scholarship(PMS) Scheme 122 Merit Cum Means (MCM) Scholarship Scheme 122 Anuprati Scheme 123 Pradhan Mantri Jan Vikas Karyakram (PMJVK) 123 Skill Training for minorities 123 Loans for Self-employment and Education 123 Note: 123 Madarsa Board 123 Upliftment of Scheduled Caste and Scheduled Tribe 124 Tribal Area Development(TAD) 124 Schemes of Social Justice & Women Empowerment 124 Anuprati Yojana 124 Devnarayan Anuprati Yojana 125 Post-Matric Scholarships 125 Devnarayan Post Matric Scholarship 125 Hostel facilities 125 Residential Schools 125 Mukhyamantri Kanyadan Yojana (✓) 126 Pension Schemes 126 Indira Gandhi National Old Age Pension 126 Indira Gandhi National Widow Pension Scheme 127 Widow Pension 127 Indira Gandhi National Disabled Pension (IGNDP) Scheme 127 Mukhya Mantri Old Age Samman Pension Yojana 127 Mukhya Mantri Ekal Nari Samman Pension Yojana 127 Mukhya Mantri Vishesh Yogyajan Samman Pension Yojana 128 Small & Marginal Older Farmers Samman Pension Scheme 128 Palanhar Yojana 128 Mukhya Mantri Hunar Vikar Yojana 129 Dr Savita Ben Ambedkar Inter-Caste Marriage Incentive Scheme 129 Divisional level of Nari Niketan/state Mahila Sadhan 129 Antyeshti Anudan Yojana 129 Old Age welfare scheme 129 Navjivan Yojana 129 Schemes of Women Empowerment 130 Women Development Programme: 130 Grant-in-aid community marriages(Samoohik Vivah Yojana): 130 www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 Scheme for Adolescent Girls(2019-20) 130 Non-Nutrition Component 130 Women Safety and Protection 130 Mahila Suraksha Evam Salah Kendra(MSSK): 131 Gender Cell 131 Garima Balika Sanrakshan Even Samman Yojana 131 Mukhya Mantri Rajshree Yojana 131 Beti Bachao, Beti Padhao(BBBP) scheme: 132 Menstrual Hygiene scheme for Girl & women: 132 CM’s 7 Point programme for the empowerment of women: 132 Amrita Haat 133 Indira Mahila Shakti Nidhi(I M shakti): 133 Other schemes being implemented in the state for the women empowerment are: 134 Sustainable Development Goal Index - Rajasthan 134 The list of goal wise indicators used in the preparation of SDI is as follows 135 Goal 1 135 Goal 2 135 Goal 3 135 Goal 4 135 Goal 5 135 Goal 6 136 Goal 7 136 Goal 8 136 Goal 9 136 Goal 11 136 Goal 15 136 Goal 16 136

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 Macro Overview of Economy

Overview 1. Rajasthan with a geographical area of 3.42 lakh square Km. is the largest state in the country.

2. 3. Rajasthan is situated in the north-western part of the country and is surrounded by the states of Punjab, Haryana and Uttar Pradesh in the north-east, Madhya Pradesh in the south-east and Gujarat in the south-west. 4. It has a long international frontier with country Pakistan. 5. Physiographically, the state can be divided into 4 major regions:

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911

a. i. Western desert ii. Aravalli hills iii. Eastern Plain iv. South-eastern Plateau

6. Administratively, Rajasthan divided into 7 divisions and 33 districts

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911

a. Divisions Districts Covered

1. 1. Jaipur 2. Dausa 3. 4. Sikar 5. Jhunjhunu

2. 1. Jodhpur 2. Jaisalmer 3. Barmer 4. Jalore 5. Sirohi 6. Pali

3. Division 1. Bikaner 2. Churu 3. Hanumangarh 4. Shri Ganganagar

4. 1. Kota 2. Bundi 3. Baran www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 4. Jhalawar

5. Division 1. Udaipur 2. Rajsamand 3. Chittorgarh 4. Pratapgarh 5. Dungarpur 6. Banswara

6. 1. Ajmer 2. Nagaur 3. Tonk 4. Bhilwara

7. 1. Bharatpur 2. Sawai Madhopur 3. Karauli 4. Dholpur

Macroeconomic Aggregates 1. The State Domestic Product(SDP) is one of the important indicators used to measure the growth of the state’s economy. 2. SDP represents the value of all goods and services produced within the state. 3. SDP is a reflection of economic development of the state and its derivative Per Capita Income is a suitable measure of the well-being of its People.

Directorate of Economics and Statistics, Rajasthan 1. The Directorate of Economics and Statistics, Rajasthan has been bringing out estimates of SDP on a regular basis and keeping it up to date from time to time. 2. The Directorate works as per the guidelines and methodology provided by the National Accounts Division(NAD), National Statistical Office(NSO), Ministry of statistics and programme implementation, GOI.

State Domestic Product(SDP) 1. The SDP of Rajasthan prepared at both current and constant prices. 2. The SDP is prepared for all the sectors of the economy both in terms of Gross and Net Basis. a. The difference between two is that in the gross estimates, no deduction is made for Consumption of Fixed Capital(CFC) which takes place in www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 the process of production, whereas in the net estimates, CFC is subtracted from the gross value. i. Net = Gross - Consumption of Fixed Capital (Depreciation) (✓)

Gross Domestic Product (Country) & SDP (State) 1. GDP(Country) gives a reasonable estimate of the entire nation's output, SDP(State) provides more detailed economic details about subnational territories.

Gross State Domestic Product (GSDP) 1. Gross State Domestic Product (GDP) is a monetary measure of the market value of all the final goods and services produced within the boundaries of the State during the given period of time.

Real GDP, Nominal GDP and GDP Deflator 1. Real GDP: Real GDP is calculated in a way such that the goods and services are evaluated at some constant set of prices (or constant prices). 2. Nominal GDP: the value of GDP at the current prevailing prices. a. Example: i. In the year 2000, the firm produced 100 pieces of bread, each with a price of 10 rs. 1. The GDP at a constant rate/price was 100*10 = 1000. ii. Let suppose in 2001 the firm produced 110 pieces of bread and had 15rs. 1. The GDP at the current price(Nominal GDP) was 110*15=1650rs. 2. And real GDP at the constant price was 110*10=1100. 3. GDP deflator= Nominal GDP/Real GDP a. From previous Eg.: i. GDP deflator = 1650/1100 = 1.5 1. Means price of product is 1.5 times increase.

GSDP at Current Price 1. The GSDP at current prices obtained by evaluating the product at current prices prevailing during the ongoing year. 2. The GSDP at current prices, over time, do not reveal actual economic growth because these contain the combined effect of: a. The change in the volume of goods and services and www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 b. The change in the prices of goods and services.

3. GSDP(Rajasthan) at Current price(2020-21): ₹9,57,912 crore(✓) 4. GSDP(Rajasthan) at Current price(2019-20): ₹9,98,999 crore

a.

GSDP at constant(2011-12) prices 1. It is calculated to eliminate the effect of price changes/inflation. 2. The GSDP are also prepared by evaluating the goods and services at the prices prevailing in the fixed year known as Base Year and are known as the estimates of GSDP at Constant Prices. 2. GSDP(Rajasthan) at Constant price: ₹6,43,222 crore(✓)

Growth of GSDP of Rajasthan is as follows 1. GSDP at Current price: - 4.11% (✓)

a.

2. GSDP at Constant price(2011-12): - 6.61% (✓)

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911

a. 3. Note: For both Contant price & Current price of GSDP, shows decreasing trends in the financial year 2020-21.

Net State Domestic Product ( NSDP ) 1. It is an annual measure of a nation's economic output that is adjusted for depreciation and is calculated by subtracting depreciation from the gross domestic product (GSDP). a. NSDP = GSDP - Depreciation (✓)

2. NSDP ( Rajasthan ) at:

a.

b. NSDP at constant price: ₹5,70,143 crore(✓) c. NSDP at current price: ₹8,62,633 crore(✓)

Gross State Value Added ( GSVA ) 1. It is a crucial measure because it is used to determine gross state domestic product (GSDP). 2. Gross value added (GVA) is defined as the value of output less the value of intermediate consumption. a. It is used to measure the output or contribution of a particular sector. www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 b. When such GVAs from all sectors (∑ GVA) are added together and adding taxes (product) and reducing subsidies (product), we can get the GDP (at market price). GVA thus shows the production contribution of a particular sector. 3. The relationship between GVA and GDP i. GVA = GDP + Govt Subsidies on products – Tax. (✓)

Sectoral contribution of GVA at Current & Constant Price

GVA at Current Price ( 2020-21 ):(✓) 1. Agriculture: 29.77% 2. Industries: 24.80% 3. Services: 45.43%

4.

GVA at constant ( 2011-12 ) price: (✓) 1. Agriculture: 29.45% 2. Industries: 28.15% 3. Services: 42.40%

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911

4.

Sector - wise growth in different sectors of the Economy: 1. Sector Wise Growth Rate at Constant (2011-12) Basic Price:

a. i. Agriculture: 3.45%(✓) ii. Industry: -7.50%(✓) iii. Services: -10.95%(✓)

Per Capita Income (PCI) 1. The per capita income derived by dividing the Net state Domestic Product by mid-year total population.

a. 2. Per capita Income is a pointer of the standard of living and the well-being of people.

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 Per capita income at:

1. 2. Constant price: 72,297₹ (✓) 3. Current price: 1,09,386₹ (✓)

4.

Price Statistics 1. Price tends to change over time as well as across geographical areas due to various economic, social and political factors. 2. Prices influence various economic decisions, particularly financial monitoring of price change is extremely important as they have a direct bearing on economic policy and planning. 3. The primary tool for monitoring these changes is the price index. a. A Price Index measures the relative change in the price levels of commodities or services in a region during a given period of time.

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 b. Consumer Price Index(CPI) and Wholesale Price Index(WPI), are two important indices which measure the prices at retail and wholesale level respectively.

Price Statistics in Rajasthan 1. The Directorate of Economics and Statistics( DES ) has been collecting the wholesales and retail prices of the essential commodities regularly since 1957 from selected centres across the state every week. a. On the basis of wholesale prices, monthly wholesale prices indices are being prepared. b. The Consumer Price Indices for industrial workers are prepared and released by the Labour Bureau, Shimla for Jaipur, Ajmer, and Bhilwara centres of the State. (✓)

Wholesale Price Index ( WPI ) of Rajasthan 1. WPI is the only general index capturing price movements in a comprehensive way at the overall economic level and is an indicator of movement in the price of commodities in all trades and transactions.(✓) 2. WPI serves as an important determinant in the formulation of trade, fiscal, monetary and other economic policies by the government and is also used by financial institutions, industries and business circles. 3. Besides monitoring the price changes in the economy, WPI is also used as an indicator in the computation of GSDP. 4. It also helps in monitoring changes in the relative prices of different groups of commodities like primary articles, agricultural commodities, raw material, industrial products, food and other non-food items. 5. WPI helps in the comparative study of changes in prices at the national and global level. 6. The Rajasthan government releases the WPI on a monthly basis. (✓) a. Group Commodities Weight

Primary Articles 75 33.894

Manufactured 69 49.853 product

Fuel and power 10 16.253

Total 154 100

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 Note: 1. The wholesale price for all commodities moved from 310.56 in the year 2019 to 330.86 in the year 2020 registering an increase of 6.54 %. (✓)

Consumer Price Index(CPI) 1. CPI is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. 2. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. Such changes affect the real purchasing power of consumers' income and their welfare. 3. There are four types of Consumer price index prepared every month. a. Industrial workers(CPI-IW) by Labour Bureau, Shimla b. Agricultural Labourers(CPI-AL) by Labour Bureau, Shimla c. Rural Labourers(CPI-RL) by Labour Bureau, Shimla d. Rural and Urban(CPI-R&U) by the National Statistical Office(NSO), New Delhi

Note: 1. The General Consumer Price Index for Rajasthan stood at 153.06 in the year 2020, which was 144.91 in the year 2019 showing an increase of 5.62 % point.(✓)

Consumer Price Index for Industrial Workers ( CPI-IW) ( Base year 2016=100) (✓)

1. The CPI-IW measures the temporal change in the retail prices of a fixed basket of goods and services consumed by an average working-class family. Thus, it is an essential indicator of the change in the country’s average industrial worker’s consumption level. 2. The target groups of CPI-IW are factories, mining, plantations, motor transport, ports and docks, railways and electricity production and distribution establishment. 3. The consumer price indices for industrial workers are prepared and released by the Labour Bureau, Shimla for Jaipur, Ajmer, and Bhilwara’s centres.

Consumer Price Index For Agriculture Labourers (CPI-AL) ( Base year 1986-87=100) (✓)

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil Contact: 7737313911 1. The consumer price index for the Agricultural labourers and rural labourers is also prepared by the Labour Bureau, Shimla with 1986-87 as the base year.

General consumer Price index (rural, urban and combined)(Base year 2012=100) (✓) 1. The National Statistical Office(NSO), Ministry of statistics and programme implementation releases general consumer price Indices(CPI) with base 2012 as the base year for all India and state/UTs separately for rural, urban and combined every month since January 2011.

www.AswaTHinstitue.com 7737313911 CEO: Rajpurohit Anil