Economy

DMPQ: Even though Indian economy is growing at a rate of 7% GDP, but still it has some  Inherent vulnerabilities? Discuss

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Investment – For sustaining high growth, the economy need to continuously add to its “production capacity” through new investment flows. • Productive investment is money that is spent for – building roads, ports (and other public infrastructure), factories, and workforce quality enhancement. • Currently, India is seeing a sharp decline in the rate of investments … Read more DMPQ: Even though Indian economy is growing at a rate of 7% GDP, but still it has some  Inherent vulnerabilities? Discuss

DMPQ: What is globalisation? Examine its impact on the pattern of employment.

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Globalisation means integration of economies and societies through cross country flows of information ,ideas ,technologies , goods, services, capital finance and people. The current wave of globalisation, which started after 1991had profound effects on the labour market and the employment situation of workers all over the world. The changes in pattern of employment and labour … Read more DMPQ: What is globalisation? Examine its impact on the pattern of employment.

DMPQ- Explain the following: a) Financial Act b) Appropriation Act

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Appropriation Act:  The Appropriation Bill under the Indian Constitution is related to the Budget making process by the Government. According to Article 114 of the Indian constitution, no money can be withdrawn from the Consolidated Fund of India ( which basically comprises of the major fund of the govt. of India) to meet specified expenditure except under an … Read more DMPQ- Explain the following: a) Financial Act b) Appropriation Act

DMPQ: Knowledge based economy has huge potential to grow with sustained rate. But there are concerns with Indian as an eligible country for knowledge based economy. Discuss.

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USA is a knowledge based economy which is growing at a sustained rate. This type of economy adds more value to its available resources and hence ensure better growth.   The major concern with India in realising the potential of knowledge base economy are:   Lack of adequate funds for investing in R&D sector. Our … Read more DMPQ: Knowledge based economy has huge potential to grow with sustained rate. But there are concerns with Indian as an eligible country for knowledge based economy. Discuss.

DMPQ: What are the objectives of Pradhan Mantri Bhartiya Janaushdi Pariyojana? Discuss its salient features also.

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Out of pocket expenditure on health is one of the reason for perpetual poverty. The major chunk goes in buying medicine. Hence to deal with this issue PMB jan aushadhi yojana was launched to ensure the availability of quality medicine at affordable price for all, particularly the poor and disadvantaged.  The salient features of the … Read more DMPQ: What are the objectives of Pradhan Mantri Bhartiya Janaushdi Pariyojana? Discuss its salient features also.

DMPQ: Is cashless economy feasible in India? Also discuss the impact of it on informal economy?

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India Cash/GDP ratio is 12.24% which makes it one of the largest cash based economy. But there are certain problem for a cashless economy especially for India as : ‘ There is low penetration of internet. Last mile connectivity especially in rural sector is quite low which creates hurdle in digitisation of economy. Lack of … Read more DMPQ: Is cashless economy feasible in India? Also discuss the impact of it on informal economy?

What is the role of NITI aayog?

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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?

DMPQ: Do you think PM KISAN scheme is going to alleviate the widespread rural distress in the country. (ECONOMY)

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Brief Intro- of Scheme Points against: The Programme is targeted cash transfer and hence high chances of exclusion errors. The landless tenant are out of the beneficiary list. Will lead to fragmentation of the land. Beneficiary will fragment the land to avail the benefit of the scheme. In long run it is not good for … Read more DMPQ: Do you think PM KISAN scheme is going to alleviate the widespread rural distress in the country. (ECONOMY)