Economy

Sunrise Industry: Sunrise industry is a colloquial term for a burgeoning sector or business that is just in its infancy but shows promise of a rapid boom. A sunrise industry is typically characterized by high growth rates, numerous start-ups and an abundance of venture capital funding. Sunrise industries generally have plenty of “buzz” surrounding them as public … Read more DMPQ: . Explain the following terms: a) Sunrise Industry b) Foot loose Industry

The Build Operate and Transfer (BOT) Annuity Model   Under BOT annuity, a developer builds the highway, operates it for a specified duration and transfers it back to the government. The government starts payment to the developer after the launch of commercial operation of the project. Payment will be made on a six month basis. … Read more DMPQ: Explain the following terms: a) The Built operate and transfer (BOT) Annuity Model b) BOT toll model c) Engineering, Procurement and Construction Model

The Mega Food ParksScheme aims to provide a mechanism to bring together farmers, processors and retailers and link agriculture production to the market so as to ensure maximization of value addition, minimization of wastages and improving farmers’ income. The primary objective of the Scheme is to provide modern infrastructure facilities for the food processing along … Read more DMPQ: What is Mega food park Scheme?

HELP is the new Hydrocarbon exploration Licensing policy. The key features of HELP are as follows:   India has announced HELP, which offers single license to explore conventional and unconventional oil and gas resources. The new policy also gives the investors the much needed freedom in pricing and marketing for crude oil and natural gas. … Read more DMPQ: What is HELP? What are its key provisions?

GST as a reform has a far reaching consequences. MSME sector is going to get benefit in the long run. But in the short run as per CII, the MSME sector is facing following issues:   A complicated compliances system and a rigid taxation regime place added limits on the growth potential of small enterprises. … Read more DMPQ:What are the negative effects of GST on MSME?

Issues Involved: One of the major issues faced by this sector is declining profitability which is further exacerbating the twin balance sheet (TBS) problem. Profitability is being affected by following issues:    Low revenues – Dramatic reduction of prices & coming down of average revenue per user by 22% due to new entrant. High Debt – Unsustainable spectrum … Read more DMPQ:. What are the issues attached with the Telecom sector in India?

Key features of National Telecom Policy, 2012  Licensing: It aims to simplify licensing framework by establishing a unified license for all telecom services,converting to a single-license system for the entire country and removing roaming charges. Spectrum: It seeks to liberalise spectrum through a system where spectrum can be pooled, shared and traded.  Connectivity: The policy … Read more DMPQ:What are the provisions of National Telecom Policy,2012?

Major reasons are: Low capital investment in infrastructure. Rising NPA after financial crisis and Twin balance sheet problem. Opening up of economy in 1991 had make us vulnerable as manufacturing country. We did capitalise on service sector. Labour laws skewed in favour of non-setting up of manufacturing units. Low investment in Research and development sector. … Read more DMPQ: Why manufacturing sector in India failed to realise its potential?

Bad bank or PARA (Public Sector Asset Rehabilitation Agency) was proposed in Economic Survey 2016-17. Bad Bank is an institution which specializes in loan resolution process, so that banking system is free to focus on core banking solutions. Need for PARA According to Economic Survey, need for PARA arises because: Early resolution so that Funds for creation … Read more DMPQ:What is bad bank? Why there is need of Bad bank?