Bits that appeared in TSPSC on Indian Economy

The 12 Five year plan is prepared by Planning Commission of India.

Food Security Act, 2013 converts existing food programmes into Legal entitlements for economically marginalized sections.

GST refers to Goods and Services Tax.

Railway is a sub sector of Tertiary Sector.

Minimum Support price (MSP) for food crops is fixed by Commission for Agriculture costs and prices.

Niti Ayog replaces Planing Commission.

“Mixed Economy” Policy was adopted by JawaharLal Nehru.

Adani is Indian mining company.

The founding father of Indian steel industry was Homi j.Bhaba.