Economy

In 1991, India launched a process of economic reforms in response to a fiscal and balance-of-payments (BoP) crisis. The reforms and the related programmes are still going on with changing emphasis and dimensions. The economic reform programme, that India launched, consisted of two categories of measures: Macroeconomic Stabilisation Measures and Structural Reform Measures. POSITIVE IMPACTS … Read more DMPQ- Economic reforms of 1991 had positive results on Indian economy. Comment

The Ministry of road transport and highways has taken up detailed review of NHs network with a view to develop the road connectivity to Border areas, development of Coastal roads including road connectivity for Non-Major ports, improvement in the efficiency of National Corridors, development of Economic Corridors, Inter Corridors and Feeder Routes along with integration … Read more DMPQ- Bharatmala Project.

Interim Budget, also known as ‘a vote on account’, essentially means that the government seeks the approval of Parliament for meeting expenditure for the first four months of the fisca l year (April-March) — paying salaries, ongoing programmes in various sectors etc — with no changes in the taxation structure, until a new government takes … Read more DMPQ- What is interim budget?

The Ease of Doing Business Rank (EODB) is a measure of an economy’s position to the best regulatory practices. Though World Bank used to publish the ‘Doing Business’ reports from 2003, the ranking of economies started only from 2006. The EODB study tries to capture the experience of small and mid-sized companies in a country with their … Read more DMPQ: Write a short note on ease of doing business rank.

MSMEs are labour intensive, have the advantage of low cost of production and can make good use of locally available resources pushing demand and growth The sector offers wide range of employment opportunities and absorbs most of the working age population Majorly consists of handlooms, handicrafts, coir, sericulture, khadi and village industries, small scale industries … Read more DMPQ:Contribution of MSME sector is immense in Indian economy. Comment

The period 2000-2010 was a golden period for growth of services in India, one of rapid services-led economic growth in India; the economy grew at an average annual rate of 7.2 per cent, and around 63 per cent of this growth came from growth of services. Such growth leads to a belief that India is … Read more DMPQ-The growth of Indian economy since 1991 reforms can be described as the service sector led economic growth. Analyze its major impacts on the Indian Economy? Do you think that service sector led growth is sustainable in the long run? Give reasons with statistical support?

The decline in agriculture growth is attributed to two consecutive drought years; as 60% of Indian agriculture is rain-fed. A target of 4% growth has been envisaged for agriculture and allied sectors for twelfth plan period, however, the growth was (-) 0.2 per cent in 2014-15 & 1.1% in 2015-16. The depressing situation of agriculture … Read more DMPQ-. The declining growth in agriculture owing to two consecutive drought years indicating a building up rural distress, discuss a roadmap to ensure complete agrarian transformation of sort to ensure sustainable livelihoods for the farmers and food security for the population?

JAM Trinity holds the key to one of the biggest pieces of reform ever attempted in India — direct subsidy transfers.  An abbreviation for Jan Dhan Yojana, Aadhaar and Mobile number. The government is pinning its hopes on these three modes of identification to deliver direct benefits to India’s poor.   Benefits of JAM are as … Read more DMPQ- Comment on JAM trinity. Explain its role in bringing transformational change in service delivery?

Appropriation Act:  The Appropriation Bill under the Indian Constitution is related to the Budget making process by the Government. According to Article 114 of the Indian constitution, no money can be withdrawn from the Consolidated Fund of India ( which basically comprises of the major fund of the govt. of India) to meet specified expenditure except under an … Read more DMPQ- Explain the following: a) Financial Act b) Appropriation Act

JAM stands for Jan Dhan Yojana, Aadhaar and Mobile number. The government intends to use these three modes of identification to implement one of the biggest reforms in independent India – direct subsidy transfers to the poor. Current subsidy schemes take an indirect route to reach the poor of the country. Examples are the PDS, … Read more DMPQ- What do you understand by the term JAM Trinity?