Economy

  In formulating the recommendations in respect of the level of minimum support prices and other non-price measures, the CACP takes into account a comprehensive view of the entire structure of the economy of a particular commodity or group of commodities. Other Factors include cost of production, changes in input prices, input-output price parity, trends … Read more DMPQ: Examine the methods for the calculation of MSP.

Inflation is the sustained increase in the general price of goods and services and hence it reduces the purchasing power of Rupee. But some mild inflation is good for an economy as it help to grease the wheels of the commerce.   There are various ways to control Inflation:     Fiscal ways:  Reduction in … Read more DMPQ: Inflation is a heavy tax and erode the purchasing power of rupees. Discuss the ways to control inflation.

Withholding tax: A tax imposed on the income on a foreign portfolio (investments). This tax is imposed to discourage foreign investments, to encourage domestic investment, and to raise money for the government.   Venture capital: Generally, a private equity capital which lends capital to the entrepreneurs who are innovative and cannot get the required fund … Read more DMPQ: Explain the following terms: (Economy)

NABH NIRMAN: The government is augmenting the airport capacity of various airports as part of NABH (NextGen Airports for BHarat) Nirman initiative.The government in February announced a new initiative — NABH Nirman— under which it proposes to expand airport capacity in the country by more than five times to handle a billion trips a year.The … Read more DMPQ- Explain the following: a) NABH b) UDAN

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?

Discrimination against women and girls is a pervasive and long-running phenomenon that characterises Indian society at every level.  India’s progress towards gender equality, measured by its position on rankings such as the Gender Development Index has been disappointing, despite fairly rapid rates of economic growth. In the past decade, while Indian GDP has grown by … Read more DMPQ- Write an essay on Gender Equality in India.

Information and Communication Technologies (ICTs) play a key role in development & Economic growth of Rural India. Political, Cultural, Socio-economic Developmental & Behavioral decisions today rests on the ability to access, gather, analyze and utilize Information and Knowledge. ICT is the conduits that transmit information and knowledge to individual to widen their choices for Economic … Read more DMPQ-Discuss the role of e-governance in India’s rural development.

Inverted duty structure is a condition in which final good is taxed lower on its import as compared to the intermediate good used in the making of finished good.  The economic survey has pointed out that Inverted dusty structure has affected our industries a lot.     Major effect of inverted duty structure: Affect domestic … Read more DMPQ: What is Inverted duty structure ? How it has impacted Indian manufacturing over the years.

The 1991 is a hallmark year as it launched Indian into a new era of economic freedom. It majorly changed our economy from controlled to a free economy. One of the ingredient was tax reforms. The major changes one can observed in the tax system are as follows: Widening of tax bases both by addition … Read more DMPQ: Post 1991 reform era has seen a major changes in the tax system. Discuss the changes( economics)

Cost-push inflation occurs when overall prices increase due to increases in the cost of production. Higher costs of production can decrease the aggregate supply (total production) in the economy. If the demand remains unchanged, the prices of commodities increase causing a rise in the overall price level which then is passed on to consumers creating … Read more DMPQ- What is cost push inflation and how it is different from demand pull inflation?