The Economy of Russia: Implications for the Civil Services Exam 2026 Russia's economy is a complex tapestry shaped by its vast natural resources, historical legacies, and contemporary geopolitical dynamics. As candidates prepare for the Civil Services Exam 2026, understanding the intricacies of Russia's economic structure, its challenges, and its global impact is crucial. This article delves into key aspects of the Russian economy and how they relate to broader international contexts. Overview of the Russian Economy Russia is the world's largest country by land area and possesses an abundance of natural resources, notably oil, natural gas, and minerals. The economy is characterized by a mix of state control and market mechanisms, with the government playing a significant role in key sectors. #### Key Sectors 1. **Energy Sector**: - Russia is one of the leading producers of oil and natural gas, with state-owned companies like Gazprom and Rosneft dominating the market. ...
Dal-Nigeen Lake in Srinagar under the National Lake Conservation Plan
The Cabinet Committee on Economic Affairs has approved the proposal for waiver of condition stipulated in Para 2.8 of the CCEA note for the project of "Conservation and Management Plan for Dal-Nigeen Lake in Srinagar", J&K under the National Lake Conservation Plan (NLCP).It may be mentioned that, while approving the project for Conservation and Management Plan for Dal-Nigeen Lake in Srinagar under NLCP, it was stipulated in Para 2.8 of the CCEA note that re-settlement and rehabilitation (R&R) of families living in the lake is essential for eco-regeneration of the Dal-Nigeen Lake. The total cost for R&R of the entire lake population of more than 10000 families is expected to cost around Rs. 486 crore. The entire cost of R&R will be borne by the Stale Government as committed by them, and this component is to be implemented concurrently with the main project.
However, during the visit of the Prime Minister to J&K on 28-29, October, 2009, additional central assistance of more than Rs. 350 crore was announced for the rehabilitation of Dal dwellers. Subsequently, Planning Commission conveyed its in principle approval of this proposal and decided that the R&R project at an estimated cost of Rs. 356 crore would be funded by the Central Government under Prime Minister’s Reconstruction Plan for J&K (State Sector). Accordingly approval of the Cabinet Committee on Economic Affairs (CCEA) was sought to finance the R&R project by the Central Government instead of by the State Government.
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