Economy

The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005. 2. After extensive consultations, the SEZ Act, 2005, supported by SEZ Rules, came into effect in, 2006, providing for drastic simplification of procedures and for single window clearance on matters relating to central as well as state governments. The main objectives of … Read more DMPQ- Discuss India’s SEZ policy.

Digital Locker is one of the key initiatives under the Digital India Programme- External website that opens in a new window. A beta version of the same has been already released by the Department of Electronics and Information Technology (DeitY), Govt. of India. Digital Locker is aimed at minimizing the usage of physical documents and enable sharing of e-documents across agencies. … Read more DMPQ- What is digital locker? What are the objectives of Digital locker?

It is an information repositorythat collates all loan information of individuals andcorporate borrowers. A credit repository helps banks distinguish between a bad and a good borrower andaccordingly offer attractive interest rates to good borrowers and higher interest rates to badborrowers. The move is based on the recommendations of a committee, headed by Y.M.Deosthalee.PCR will address … Read more DMPQ: What are the uses of Public credit registry?(Economics)

It is a Central Sector Scheme under which the CGST and Central Government‘s share of IGST paid by Charitable Religious Institutions on purchase of specific raw food items shall be reimbursed to them.  The charitable religious institutions include Temples, Gurudwara, Dharmik Ashram, Mosques, Dargah, Church, Matth, Monastries etc. The objective of the scheme is to … Read more DMPQ: SevaBhoja yojana ( Scheme)

P-Notes or Participatory Notes are Overseas Derivative Instruments that have Indian stocks as their underlyingassets.  These instruments are issued by foreign portfolio investors (FPIs) registered with SEBI. It allows foreign investors to buy stocks listed on Indian exchanges without being registered with SEBI.  It gained popularity as foreign institutional investors (FIIs) started betting on stocks … Read more DMPQ- What is P Note? What is the concern associated with P Note?

Galvanizing Organic Bio-Agro Resources Dhan (GOBAR-DHAN) scheme was first announced in Budget 2018. The scheme would focus on managing and converting cattle dung and solid waste in farms to compost, biogas and bio-CNG. It wiill help in keeping the village clean while increasing the income of farmers and cattle herders.  Under it, villagers will be … Read more DMPQ- GOBAR DHAN Yojana.

The Fund was established with a corpus of 500 crore which aims to establish price stability through Promotion of direct purchase from farmers /farmers’ associations at farm gate/Mandi. Maintaining a strategic buffer stock that would discourage hoarding and unscrupulousspeculation. Protecting consumers by supplying such commodities at reasonable prices throughcalibrated release of stock. It is a … Read more DMPQ- Price stabilisation fund.

Recommendations are as follows: Expand the outreach of the formal credit system to reach the really poor and needy. Reduce rate of interest for crop loans to 4 per cent simple, with government support. Moratorium on debt recovery, including loans from non-institutional sources, and waiver of interest on loans in distress hotspots and during calamities, … Read more DMPQ: Outline the recommendations of MS Swaminathan report on providing formal credit sources to the farmers.

FAME stands for faster adoption and market creation of both hybrid and electric technologies vehicle in the country.  The scheme is under Ministry of Heavy Industries and public enterprise. It was launched in 2015 under National electric mobility mission plan. The scheme aims to provide fiscal and monetary incentives for adoption and market creation of … Read more DMPQ: FAME India scheme.

Pradhan Mantri Matru Vandana Yojana  (PMMVY) is a Maternity Benefit Programme that is implemented in all the districts of the country in accordance with the provision of the National Food Security Act, 2013.Providing partial compensation for the wage loss in terms of cash incentive s so that the woman can take adequate res t before … Read more DMPQ: Pradhan Mantri Matru Vandana Yojana.