Economy

India is currently the second largest producer of fisheries after China. To double the Farmer’s income by 2022 the government has created the Fisheries andAquaculture Infrastructure Development Fund (FAIDF) in 2018. Salient Features of the FAIDF: The main aim is to boost fish production to achieve the target of producing 15 million tonnes of fishproduction … Read more DMPQ-Write a short note on the fisheries and aquaculture infrastructure development fund.

Issues attached :   As a proportion of GDP expenditure on Science and Tech has been stagnated. It is between 0.6-0.7% of GDP over the past two decades. Expenditure is skewed in favour of Atomic energy, space, earth science , Biotechnology and the expenditure on ICMR is on decline. As compared to its peer competitors, … Read more DMPQ: As India emerges as one of the world ‘s largest economies, it needs to gradually move from being a net consumer of knowledge to becoming a net producer. Discuss the issue attached with Expenditure on Science and Technology?

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?

Industry is not the substitute of agriculture, rather they are complementary to one another. Both these sectors are so attached with each other that it is not possible to increase the growth of one sector sector without the improvement of the other sector. If agriculture is considered as the ‘heart’ of the country, then obviously … Read more DMPQ- Explain the Interrelationship between agriculture and industry

Causes of Regional Imbalances in India: 1. Historical factors: British regime 2. Geographical factors : Natural factors 3. Failure of planning: Although balanced growth has been accepted as one of the major objectives of economic planning in India, since the second plan on wards, but it did not make much headway achieving this object. 4. … Read more DMPQ: Give mains reasons of regional imbalance.

External commercial borrowing (ECB) is basically a loan availed by an Indian entity from a non-resident lender.  They are used widely in India to facilitate access to foreign money by Indian corporations and PSUs (public sector undertakings).  Most of these loans are provided by foreign commercial banks and other institutions.  In the post reform period, … Read more DMPQ: What is external commercial borrowing? Who controls External commercial borrowing and discuss its advantages.

PPIs are instruments that facilitate the purchase of goods and services, including financial services, remittance facilities, etc., against the value stored on such instruments. The value stored on such instruments represents the value paid for by the holders by cash, by debit to a bank account, or by credit card. The pre-paid instruments can be … Read more DMPQ- Write a short note on Prepaid instruments.

A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin. In order to function as a GI, a sign must identify a product as originating in a given place. A geographical indication right enables those who have … Read more DMPQ: Write a short note on GI tag.

Possible solutions are: Expand the outreach of the formal credit system to reach the really poor and needy. Reduce rate of interest for crop loans to 4 per cent simple, with government support. Moratorium on debt recovery, including loans from non-institutional sources, and waiver of interest on loans in distress hotspots and during calamities, till … Read more DMPQ: Give possible suggestions for credit enhancement for farmers.

Bharatmala is an ambitious project to improve the road infrastructure in the country. It is an umbrella project under the Ministry of road transport and highways. It will subsume the unfinished project under National Highway development programme.   Under the plan the government intends to develop 83,677 km of highways and roads at an investment … Read more DMPQ: A healthy infrastructure is  must for a sustained economic growth. Bharatmala project was one of the step towards healthy infrastructure. What is Bharatmala project? What are the challenges in its implementation? ( Govt. Schemes)