Economy

DMPQ- Inclusive growth is the major model to be focus by developing economies to achieve overall development. What are the characteristics of inclusive growth.

Economic growth is inclusive when growth percolates to all the sectors of the economy and the development is not concentrated to certain pockets but in all region.  The growth should reduce the inequality between the rich and the poor. SALIENT FEATURES OF INCLUSIVE GROWTH Participation– People are able to participate fully in economic life and … Read more

DMPQ: Free electric power to the farmers is causing a drain on exchequer and also they are not achieving the desire result. Do you agree with the statement. ( Polity)

There is about accumulated debt of 1 lakh crore on state electricity boards. The reasons being free power is a political issues and different political parties offer it as dole to influence the voter. This subsidy has done more damage than good. 83% of the Punjab farmers have small or marginal land holdings and they … Read more

DMPQ- Economic reforms of 1991 had positive results on Indian economy. Comment

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:Financial inclusion is a significant aspect with respect to our economy. What is the significance of Financial Inclusion? What are the measures taken for Financial Inclusion?

Financial inclusion has been recognised as a key building block which will form the foundation for achieving several of UN’s Sustainable Development Goals.  As a construct, it provides much more than access to financial services.  In a country like India, till a few years ago, a bank account was a source of pride.  If properly … Read more

DMPQ- Highlight the key features of The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Second Amendment) Bill, 2015

Highlights of the Bill This Bill amends the principal Act passed in 2013. The Bill enables the government to exempt five categories of projects from the requirements of: (i) social impact assessment, (ii) restrictions on acquisition of multi-cropped land, and (iii) consent for private projects and public private partnerships (PPPs) projects. The five categories of … Read more

DMPQ- Critically analysis India’s performance in Global Competitiveness Index

Featuring the new Global Competitiveness Index, the Report assesses the competitiveness landscape of 140 economies, providing unique insight into the drivers of economic growth in the era of the Fourth Industrial Revolution. Current position of india The country’s favourable demographic has earned it a rank of 58 among 140 countries in the World Economic Forum’s … 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?

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: Why manufacturing sector in India failed to realise its potential?

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:What are the possible reasons for India’s Poor share in world trade?

India’s export performance is poor. Over the years, since Independence, India’s share of the world export trade has been very low. The share of export of other developing countries of Asia, namely China, South Korea, Malaysia, Singapore and Thailand is much more than of India. There are several reasons for poor performance of India’s export … Read more