Economy

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.

The Ease of Doing Business Rank (EODB) is a measure of an economy’s position to the best regulatory practices. Though World Bank used to publish the ‘Doing Business’ reports from 2003, the ranking of economies started only from 2006. The EODB study tries to capture the experience of small and mid-sized companies in a country with their … Read more DMPQ: Write a short note on ease of doing business rank.

The Government of India encourages foreign investment in the automobile sector and allows 100 per cent FDI under the automatic route. Some of the recent initiatives taken by the Government of India are – The government aims to develop India as a global manufacturing centre and an R&D hub. Under NATRiP, the Government of India … Read more DMPQ- List out the Government Initiatives for the developement of Automobile Industry in India.

Growth is inclusive when: It takes place in the sectors in which the poor work (e.g. agriculture); Occurs in places where the poor live (e.g. undeveloped areas with few resources); Uses the factors of production that the poor possess (e.g. unskilled labour); Reduces the prices of consumption items that the poor consume (e.g. food, fuel … Read more DMPQ- What do you mean by Inclusive growth? What are the salient features of Inclusive Growth?

According to the scheme, The States and Union Territories are required to complete the works of household electrification by the 31st of December 2018. The beneficiaries for free electricity connections would be identified using Socio Economic and Caste Census (SECC) 2011 data. However, un-electrified households not covered under the SECC data would also be provided electricity connections … Read more DMPQ- What is Saubhagaya Scheme? Write down the expected outcome of the scheme?

Lack of infrastructure–Approximately 95.2 per cent of schools are not yet compliant with the complete set of RTE infrastructure indicators according to survey conducted in 2010.They lacks drinking water facilities, a functional common toilet, and do not have separate toilets for girls. Number of boards causes non uniformity of curriculum throughout India so maintenance of … Read more DMPQ- What are the Main issues of Education in India

To ensuring a fair playing field, the Competition Commission of India endeavours to do the following: Make the markets work for the benefit and welfare of consumers. Ensure fair and healthy competition in economic activities in the country for faster andinclusive growth and development of economy. Implement competition policies with an aim to effectuate the … Read more DMPQ-What is the role of competition commission of India in ensuring a fair playing field? (ECONOMICS)

  Make in India : This programme was launched on 25th September which aims at making India a global hub for manufacturing, research and innovation and integral part of the global chain. The GoI has identified 10 ‘Champion sectors’ that have potential to become global champion, drive double digit growth in manufacturing and generate significant … Read more DMPQ: Industrial efficiency is a key to sound economy. In this contest discuss the key initiative taken by India to boost industrial performance. ( economoy)

Due to globalization, the economies of world are more inter-connected than ever. With increased growth of economic activities around the world, it has impacted India’s GDP in several ways.   How global economic environment affects GDP of India: Global crisis will severely affect certain sector, which will then have spill over effects there by affecting … Read more DMPQ: Although India is one of the fastest growing economy the global environment is not conducive enough. Explain the interdependence of global economy with Indian economy.

. It refers to the effect of tax avoidance strategies used by  multinational corporations on countries’ tax basis. The term was used for the first time by OECD. In an  increasingly interconnected world, national tax laws have not kept pace with global corporations, fluid  capital, and the digital economy, leaving gaps that can be exploited … Read more DMPQ- Briefly discuss the concept of Base erosion and profit shifting.