Economy

Financial problems The paucity of adequate and timely finance and credit is the main setback in the development of SSI units. It is even worse in case of cottage and village industries. The capital base of the small industrial units is usually very weak since they generally have partnership or sole proprietorship form of organization. … Read more DMPQ- What are the Challenges in front of Small scale and cottage industries

In Indian Constitution, Article 110 deals with Money Bill in India. There are few provisions for a bill to be deemed as a money bill. The provisions that make a bill a money bill in India are given below: The imposition, abolition, remission, alteration or regulation of any tax The regulation of the borrowing of … Read more DMPQ- Define Money bill. How Money bill is exclusive domain of Lok sabha. Explain.

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.

World Food Programme It is the food-assistance branch of the United Nations and the world’s largest humanitarian organization addressing hunger and promoting food security. It was formally established in 1963 by the FAO and the United Nations General Assembly. Head Quartered at Rome. The operations are funded by voluntary donations from world governments, corporations and … Read more DMPQ: Short Note on World Food Programme.

The National Intellectual Property Rights (IPR) Policy 2016 was adopted on 12.5.2016 as a vision document to guide future development of IPRs in the country. This has led to the following achievements:- Strengthening of Institutional Mechanism Clearing Backlog/ Reducing Pendency Increase in Filings of Patents IP Process Re-engineering Creating IPR Awareness vi.        IPRs in School … Read more DMPQ- Outline the salient features of National intellectual Policy Rights in India.

The Monetary Policy Committee of India is a committee of the Reserve Bank of India that is responsible for fixing the benchmark interest rate in India. The meetings of theMonetary Policy Committee are held at least 4 times a year and it publishes its decisionsafter each such meeting. The committee comprises six members – three … Read more DMPQ:Write a short note on Monetary Policy Committee.

The  major reasons are: Rise in Prices and galloping inflation. It surged from 6.7% to near about 16% Increase in the Fiscal deficit. Increase in non -development expenditure. Adverse Balance of payment and pressure on Balance of Payment. Iran-Kuwait war led to increase in Petrol price and hence pressure on Indian Imports. Adopted approach of … Read more DMPQ:Economic reforms of 1991 was the major landmark in Indian Economic History. Outline the reasons which forced India for economic reforms.

Gujarat: Online consent system for environment clearances Geographic Information System (GIS)-based land identification system Maharashtra: Unified process with single identification for Value Added Tax and Professional Tax registration Time required for getting an electricity connection has been reduced to 21 days from 67 days and procedures involved has been cut down to 3 from existing … Read more DMPQ: Explain the State Government initiatives for Ease of doing business.

  Tax avoidance Tax evasion Legal way of saving taxes. Illegal in a financial system Recording of income Not recording of income. Help in saving, at the same time money can be channelized for economic growth Help in saving, but since money is not accounted. Money cannot be channelized for economic growth.   Positive extrenalities … Read more DMPQ: What is the difference between Tax evasion and Tax avoidance? What are the methods of Tax evasion?

PPP is public private partnership where a private entity enters into a contract with a government entity to provide public asset or service in which the private party provides its managerial expertise and operational efficiency.   Remuneration in this is linked to performance. PPP model was envisioned for infrastructure sector but now it is present in … Read more DMPQ: What is PPP ? Certain issues are faced by PPP. Examine that.