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KALYAN CITY
Kalyan City is a fast emerging residential township in Thane district of Maharashtra, India. Kalyan City is a central suburban town and resides 54 kms away in the north-eastern direction of Mumbai city. Kalyan City Life blog regularly keeps tracking and blogging about our vivid memories and unique life experiences in local areas. Witness an informative, pictorial and realistic inner scenes of Kalyan City.
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Most articles on Kalyan City Life Blog are compiled and published by Gaurav Akrani. Our article sources are based on the field research and regular support of Manoj Patil. KCL blog is SEO optimized and regularly tweaked by our visionary Prof. Mudit Katyani. Wildlife pictures and local videos are the contributions made by Dr. Sameer Akrani.
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MANAGEMENT FINANCE
What is Finance? Meaning Definition Features of Finance Table below shows composition of India's export from 1990-91 to 2005-06. What is Financial Planning? Meaning Types of Financial Plans What is Financial Management? Meaning Definition Scope Articles What is Corporate Finance? Management Functions And Process, Management Thought Planning First Primary Important Function Of Management Management By Objectives (MBO) - Peter Drucker MBO Decision Making Process In Management - Problem Solving
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BANKING
What is a Bank ? Introduction, Definition and Features of Bank Different Types of Banks - What are Various Kinds of Banks ? Commercial Banks - Definitions, Primary Secondary Functions Balance Sheet of Commercial Bank - Liabilities and Assets How to Open Bank Account ? 7 Steps To Open Bank Account What are the Advantages of Opening Bank Account ? Saving Account Bank - Meaning, Features and Advantages of It Fixed Deposit Account of Bank Meaning, Features, Advantages What is Current Bank Account ? Its Features and Advantages The most important export item in 'Agriculture and Allied products' group over the period 1991-92 to 2005-06 has been 'Fish and Fish Preparations'. From $ 585 millions in 1991-92 export earnings from fish and fish preparations rose to $ 1,589 millions in 2005-06. However, in percentage terms, their share fell slightly from 3.3 percent in 1991-92 to 1.5 percent in 2005-06. As far as agricultural exports are concerned, a significant development during the period since 1991 has been the considerable exports of rice in certain year. In fact, exports of rice were as high as $ 1,366 millions in 1995-96 which was 4.3 percent of total export earning in that year. In 2005-06, exports of rice were worth $ 1,405 millions which was 1.4 percent of total export earning in that year. Recurring Deposit Account In Bank - Meaning and Features What is a Cheque ? Definition Kinds and Types of Cheques What are Features of Cheques ? Main Characteristics of Checks What is Crossing of Cheque ? Different Types of Check Crossing Automated Teller Machine (ATM) - The Advantages of ATM Machine E-Banking - Online Banking Main Advantages of E-Banking Principles of Good Lending Every Banker Follows - Loans Different Forms of Advances by Commercial Banks - Loan Types Duties and Responsibilities of Computer Operator in Bank Nationalisation of Banks in India - Introduction Objectives Demerits Narasimham Committee Report I 1991 II 1998 - Recommendations New Economic Reforms of the Banking Sector In India - Brief Functions of Reserve Bank of India (RBI) - Credit Policy of RBI
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3. Manufactured Goods
The share of manufactured items in the total export earnings of India is on the increase. In 1990-91, the share of manufactured items in the total export earnings was about 73% of the total export earnings. In 2005-06, the share of manufactured items in the total export earnings of India remained stagnant at 72%. The top manufactured export items include :1. Engineering Goods, 2. Gems and Jewellery, 3. Chemicals and Allied products, and
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4. Readymade Garments
The export of engineering goods increased from $ 2,234 millions in 1991-92 to $ 21,315 million in 2005-06. In percentage terms the share of engineering goods rose from 12.5% in 1991-92 to 20.7% in 2005-06. Over the period 1991-92 to 2002-03, engineering goods occupied the second position in India's export earnings after gems and jewellery. However, thereafter engineering goods have occupied the first place. In 2005-06 they contributed 20.7% (i.e. one-fifth) of total export earnings. For most of the period since 1991, largest export earnings came from the exports of gems and jewellery. The share of gems and jewellery in India's total export was 15.3% in 1991-92 and 15.1% in 2005-06. However, gems and jewellery industry is a highly import intensive industry requiring large amount of imports of pearls and precious stones. Exports of chemicals and allied products rose significantly from $ 1,583 millions in 1991-92 to $ 11,935 millions in 2005-06. In percentage terms, their share stood at 11.6% in 2005-06 and they occupied the third place in India's export earnings in this year. In percentage terms, readymade garments maintained an almost constant share all through the period since 1991. They contributed 12.3% of export earnings in 1991-92 and 12.5% of export earnings in 2000-01. In 2003-04, their share fell to 9.8% and in 2005-06 to 8.3%.
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Some other facts regarding structural change in India's export since 1991 are as follows :1. There are indication that during 1990s, some of Indian exports have moved upwards in value addition chain whereby instead of exporting raw materials, the country has switched over to export of processed goods. 2. There were significant compositional shift within the major manufactured product groups such as engineering. goods, chemicals and allied products, etc.
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1. Petroleum Products
Imports of petroleum oil and lubricants rose significantly from $ 5364 millions in 199192 to $ 43,963 millions i.e. more than eight times. Due to high price of crude oil, the POL imports jumped to $ 15,650 millions in 2000-01. In 1990-91, petroleum products accounted for nearly 25% of total imports of India. In 2005-06, it has further increased to nearly 31% of the total import bill of India.
2. Capital Goods
The imports of capital goods was $ 3,610 millions in 1991-92. In 1995-96 due to sharp rise in non-electrical machinery imports, the imports of capital goods jumped upto $ 8,458 millions. However due to slowing domestic demand imports of capital goods fell subsequently. The capital goods and related items were 24.1% of the total imports of India in 1990-91, which has come down slightly in 2005-06 to about 22.3%.
5. Fertilizers
Import of fertilizers in 1991-92 stood at $ 954 millions. In 2003-04 expenditure on import of fertilizers was $ 635 millions. The import of fertilizers have declined, which indicates less dependence of India on imported fertilizers. The share in total imports of fertilizers was 4.1% in 1990-91, which came down to 1.5% in 2005-06.
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remarkable achievement that India have
Composition of India's foreign trade has u ndergone a positive change. It is a predominantly primary goods exporting country into a non-primary goods exporting country. Under import too India's dependence on food grains and capital goods has declined. The trend indicates structural transformation of Indian economy.
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