DMPQ: Start up India scheme

Start up India was launched to build a strong ecosystem for nurturing innovation and startups in the country which will drive economic growth and generate large scale employment opportunities.  Start Up India scheme shows government recognition of the potential of start ups. It tries to utilise India’s IT prowess and to converge it to develop … Read more

DMPQ- Explain the Development Financial institution (DFI)

A Development Financial institution (DFI) is defined as “an institution endorsed or supported by Government of india primarily to provide development/Project finance to one or more sectors or sub-sectors of the economy. the institution differentiates itself by a thoughtful balance between commercial norms of operation, as adopted by any financial institution like commercial bank and … Read more

DMPQ-Discuss the biggest obstacles hindering regional trading .

. The first and foremost issue is defining the ‘sensitive list’, or a negative list which would not be open to trade,  those product lines on whom tariffs would not be reduced. This is also referred as trading  to a negative list, which means trading in goods, other than those in the negative list. Very  … Read more

DMPQ- Discuss the following terms: a) IMPRINT b) STAR

IMPRINT: IMPRINT is the first of its kind MHRD supported Pan-IIT + IISc joint initiative to address the major science and engineering challenges that India must address and champion to enable, empower and embolden the nation for inclusive growth and self-reliance. This novel initiative with twofold mandate is aimed at: (a) Developing new engineering education … Read more

DMPQ- “While globalization has brought means of betterment for Indian economy but it has presented set of challenges for the same.” Critically evaluate the statement.

While globalization does provide for means of betterment for economies, it has some  inherent challenges which will have to be addressed: While decisive thrust on exports is required, there would be pressures for liberal imports which could create issues in the domestic sector by making imported goods  cheaper threatening domestic goods. Already, the Indian market … Read more