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PDS

The Public Distribution System is a government-run program aimed at providing food and essential commodities to the economically disadvantaged population. It operates through a network of fair price shops that offer subsidized food grains, sugar, kerosene, and other items. This system plays a crucial role in ensuring food security and reducing poverty in developing countries. However, it also faces challenges such as leakages and inefficiencies. As a finance expert, I believe understanding the intricacies of this system is crucial in comprehending the socio-economic landscape of a country. Let's delve deeper into its functioning and impact.

BIS

The Bureau of Indian Standards, also known as BIS, is a national organization that sets and maintains quality standards in various industries in India. It was established in...

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FCI

(FCI) is a government-owned corporation responsible for procurement, storage, and distribution of food grains across India. The Food Corporation of India, or FCI, is a gove...

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NNP

(NNP) is a measure of a country's economic performance that takes into account both the total value of goods and services produced within a nation's borders and the income ea...

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Cost & Freight

As we delve into the world of finance, one term that often comes up is "cost and freight." This refers to the expenses incurred in getting goods to their designated port. ...

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