Economy

Viability Gap Funding (VGF): Under the Ministry of Finance ‘Scheme for Support to Public Private Partnerships in Infrastructure’ in the form of capital grant at the stage of project construction will be given as per the VGF guidelines. The total Viability Gap Funding under this scheme shall not exceed twenty percent of the total project … Read more DMPQ- What is Viability Gap Funding (VGF) and Job Loss Policy.

The Bibek Debroy Committee is a high level committee for “Mobilization of Resources for Major Railway Projects and Restructuring of Railway Ministry and railway board. It gave various suggestions to address the concerns. Some of them are as follows: Transition to commercial accounting as it is next to impossible to find out the profit with the … Read more DMPQ- What were the major recommendations given by bibek Debroy committee report?

Tax expenditure is the revenue foregone as a result of exemptions and concessions. Tax expenditure was introduced for the first time in 2006-07 union budget.  Tax expenditure is justified on following grounds: Act as an incentive for priority sector like infrastructure. It promotes balance regional growth It neutralise the disadvantage on account of location It … Read more What do you understand by Tax expenditure? Comment on its relevance? ( Economy)

Since the beginnings of the last decade as a part of the economic reforms programme, the taxation system in the country has been subjected to consistent and comprehensive programme.  Indian government over the years have introduced tax reforms from time to time.     Direct tax reforms: Reduction and rationalisation of rates- there are only … Read more DMPQ: Tax reforms are the major part of the economic programme. Discuss the reforms taken in the direct taxes and indirect taxes in India.( Economy)

Characteristics of a Healthy work Culture A healthy work culture leads to satisfied employees and an increased productivity. Employees must be cordial with each other. One must respect his fellow worker. Backbiting is considered strictly unprofessional and must be avoided for a healthy work culture. One gains nothing out of conflicts and nasty politics at … Read more DMPQ- What are the Characteristics of a Healthy work Culture?

Disinvestment, or divestment, refers to the act of a business or government selling or liquidating an asset or subsidiary or the process of dilution of a government’s stake in a PSU (Public Sector Undertaking). The concept of disinvestment follows the dictum: The government has no business to be in business. Thus, the government continues to … Read more DMPQ- What is Disinvestment? Salient features of Disinvestment

The Indian textile industry has a significant presence in the economic life of our country. It is the second largest textile industry in the world after China. The textile industry contributes about 14% to the country’s industrial output and about 17% to export earnings. After agriculture, this industry is the second largest employer in India … Read more DMPQ- Explain the Importance of textile industry in Indian economy

Non-Tax Revenue: Interest Receipts: This largest non-tax source of Central Government’s revenue receipts is the interest it earns mainly on the loans it has advanced to State Governments, to financial and industrial enterprises in the public sector. Surplus Profits of the Reserve Bank of India (RBI): The surplus profits of the RBI is also a … Read more DMPQ- Mention the various Non-Tax revenue of Government.

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?

National Cooperative Development Corporation (NCDC) has introduced YuvaSahakar-Cooperative Enterprise Support and Innovation Scheme.  This is a youth friendly scheme which will attract youths to cooperative business ventures.  The scheme will be linked to Rs.1000 crore Cooperative Start-up and Innovation Fund (CSIF)‘.  The scheme envisages 2% less than the applicable rate of interest on term loan … Read more DMPQ:YuvaSahakar Scheme