Economy

Private sector is perceived to be guided by profit maximisation and it was considered to be anti to the objective of independent India. Hence socialism was seen as an alternative to it. This deep rooted notion about private sector is more in India. Following examples are testament to it:   In civil aviation sector, there … Read more DMPQ: In India still after 1991 reforms there is ambivalence towards private sector. Explain with the example( Economy)

In nationalised banks, the government owns more than 50% of the shares, which gives it majority voting rights. Because of this, the government can interfere in the boards of such banks and appoint inefficient people to the boards. That is, the appointment of the members might not always be based on merit. This will lead … Read more DMPQ- Write down the recommendation of P J nayak committee on banking reforms.

The Revenue Budget comprises revenue receipts and expenditure met from these revenues. The revenue receipts include both tax revenue (like income tax, excise duty) and non-tax revenue (like interest receipts, profits). Capital Budget consists of capital receipts {like borrowing, disinvestment) and long period capital expenditure (creation of assets, investment). Capital receipts are receipts of the … Read more DMPQ- What do you mean by revenue budget and capital budget? Explain the components of the respective meanings also.

  Advisories are being issued, to state govt. to take strict action against hoarding and black marketing and effectively enforcing the essential commodities act,1980 for commodities in short supply. Regular review meeting on price and availability situation, inter ministerial committee, price stabilisation fund management committee. Higher MSP so as to incentivise production and thereby enhance … Read more DMPQ: What are the efforts taken by Central government to control inflation? (economics)

Advantages of formalization Increased tax revenues for the government due to better reporting under taxation laws Coverage of population under social protection plans, saving from financial distress during difficult times Increase workers’ welfare and the opportunities for decent jobs Reduce unfair competition between formal and informal enterprises arising from tax or regulatory arbitrage Downsides of … Read more DMPQ- Highlight the advantages and disadvantages of Formalization of Indian Economy.

The DMIC project was launched in pursuance of an MOU signed between the Government of India and the Government of Japan in December 2006. DMIC Development Corporation (DMICDC) incorporated in 2008, is the implementing agency for the project. DMICDC has been registered as a company with 49% equity of Government of India, 26% equity of … Read more DMPQ- Write a short Note on DMIC.

:  To provide an assured income support to the small and marginal farmers, Government is launching a historic programme namely “Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)”. Under this programme, vulnerable landholding farmer families, having cultivable land upto 2 hectares, will be provided direct income support at the rate of Rs 6,000 per year. This income … Read more DMPQ: . PM KISAN (Schemes)

Discrimination against women and girls is a pervasive and long-running phenomenon that characterises Indian society at every level.  India’s progress towards gender equality, measured by its position on rankings such as the Gender Development Index has been disappointing, despite fairly rapid rates of economic growth. In the past decade, while Indian GDP has grown by … Read more DMPQ- Write an essay on Gender Equality in India.

Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold. The excess realisation is treated as income and taxed accordingly. The tax was introduced in … Read more DMPQ:What is Angel Tax? Discuss the controversy associated with angel tax in India?

Launched by the Hon’ble PM in January, the ‘Transformation of Aspirational Districts’ programme aims to quickly and effectively transform these districts. The broad contours of the programme are Convergence (of Central & State Schemes), Collaboration (of Central, State level ‘Prabhari’ Officers & District Collectors), and Competition among districts driven by a mass Movement. With States … Read more DMPQ- Aspirational District Programme.