Economy

India has been facing serious issues as far as economy is concerned. The growth rate plummeted   to 4.5%. Unemployment rate is highest in 45 years and at the same time food inflation is also on higher side. So we are going towards stagflation. The major reasons for economic slow down are as follows: Twin balance … Read more DMPQ: What are the key reasons behind the economic slowdown in India?

Unemployment rate is very high. The problem is structural and there are both long term and short term causes of the problem. The major reasons are: Weak aggregate demand of the country. Global economic is passing through rough patch. Low emphasis of our curriculum on skill development and training. Age old educational programme and curriculum. … Read more DMPQ- Unemployment rate is highest in last 45 years. What are the reasons for higher rate of unemployment in India? Give solutions to this problem.

Current weekly status:  The Current Weekly Status (CWS) approach to measuring unemployment uses seven days preceding the date of survey as the reference period. A person is considered to be employed if he or she pursues any one or more of the gainful activities for at least one-hour on any day of the reference week. … Read more DMPQ- Explain the following terms: a) Current weekly status b) Current daily status

Samarth (Scheme For Capacity Building In Textile Sector) is a flagship skill development scheme approved in continuation to the Integrated Skill Development Scheme for 12th FYP, Cabinet Committee of Economic Affairs. The industry is facing shortage of skilled workers and provides many opportunities for unemployed youth in the country who are trained in the sector. To address … Read more DMPQ- What is SAMARTH?

Financial inclusion is described as the method of offering banking and financial solutions and services to every individual in the society without any form of discrimination. It is done to bring majority of stakeholders under the net of financial security. Benefits of Financial inclusion: Access to Financial services enables the poorest and most vulnerable in … Read more DMPQ-Financial inclusion is must to achieve economic equality. What is financial inclusion. What are its benefits.?

Land reforms Distribute ceiling-surplus and waste lands; Prevent diversion of prime agricultural land and forest to corporate sector for non-agricultural purposes. Ensure grazing rights and seasonal access to forests to tribals and pastoralists, and access to common property resources. Establish a National Land Use Advisory Service, which would have the capacity to link land use … Read more DMPQ- Mention the recommendations of MS Swaminathan report on food security and land reforms.

Unorganised sector: unorganised sector  is defined as a  production or service oriented enterprise owned by individuals or self employed workers (one who is not working for an employer and is engaged in an unorgnised sector job earning an income below a threshold or owning land below a notified limit) and if workers are employed, then … Read more DMPQ- What do you understand by the term unorganised sector? What are the problems associated with it?

The Generalized System of Preferences (GSP) is a U.S. trade program designed to promote economic growth in the developing world by providing preferential duty-free entry for up to 4,800 products from 129 designated beneficiary countries and territories. GSP was instituted on January 1, 1976, by the Trade Act of 1974. Under the GSP program, certain products can enter the … Read more DMPQ: Write a short note on Generalised system of Preference.