Economy

Indian economy has come a long way since independence. From socialist pattern to liberalised era it , from being agrarian to service oriented economy it has seen many ups and downs. The basic features of Indian economy are enumerated as follows: India is a developing economy with low per capita income. Current Per capita income … Read more Highlight the Characteristics of Indian economy.

Rural people in India depend on a wide range of bioresources for their nutrition and livelihood security.  The report recommends: Preserving traditional rights of access to biodiversity, which include access to non-timber forest products including medicinal plants, gums and resins, oil yielding plants and beneficial micro-organisms; Conserving, enhancing and improving crops and farm animals as … Read more DMPQ- Highlight the recommendations of Swwaminathan Commission mentioning bioresources for their nutrition and livelihood security of Rural India.

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?

GIFT stands for Gujarat International Finance Tec-City (GIFT). GIFT City is an emerging global financial and IT services hub, a first of its kind in India, designed to be at or above par with globally benchmarked business districts. It is supported by state-of-the-art infrastructure encompassing all basic urban infrastructure elements along with an excellent external … Read more DMPQ- GIFT.

NITI aayog(National Institute for transforming India)  is a policy think tank of the Government of India to achieve sustainable development goals and to achieve cooperative cooperative federalism by enhancing the role of state government in the economic policy making and to make bottom up approach a reality. The role of NITI aayog will be: Bring … Read more What is the role of NITI aayog?

Ans:  Green Box Subsidies: The subsidies which cause no, or at most minimal, trade distorting effects or effects on production. These subsidies are permitted under WTO regime, for instance; Government services such as research, disease control, and infrastructure and food security.   Amber Box Subsidies : All domestic support measures considered to distort production and … Read more Explain the different type of subsidies as per WTO agreements

NITI Aayog has created the India Knowledge Hub (IKH), a dynamic web portal, functioning as a repository to store and disseminate best practices from across the country. Reflecting the spirit of cooperative federalism, the NITI Aayog launched the India Knowledge Hub so that districts, States, Central ministries and other government institutions can exchange knowledge on … Read more DMPQ- INDIAN KNOWLEDGE HUB

Ease of doing business is an index published by the World Bank. It is an aggregate figure that includes different parameters which define the ease of doing business in a country. It is computed by aggregating the distance to frontier scores of different economies. The distance to frontier score uses the ‘regulatory best practices’ for doing … Read more DMPQ-Why Indian should not be complacent for achieving a high jump on ease of doing business?

Objectives of the Agriculture Export Policy are as under:   To double agricultural exports from the present US $ 30+ Billion to US $ 60+ Billion by 2022 and reach US $ 100 Billion in the next few years thereafter, with a stable trade policy regime. To diversify our export basket, destinations and boost high value and … Read more DMPQ: . What are the objectives of our agriculture export policy of India?

Higher education has to be taken to next level to make India a knowledge economy. But quality of HE is an issue and that need quick redressal. The  major steps that can be taken to transform Higher education are: Implementation: Implementation of reforms as pointed out by TSR Subramanian Committee. Autonomy: Reforming or replacing UGC, … Read more DMPQ:Quality Higher education is key to reap the benefits of Demography. In this context suggest ways to improve Higher Education.