Economy

Universal Basic Income is a radical and compelling paradigm shift in thinking about  both social justice and a productive economy. A universal basic income is, like many  rights, unconditional and universal: it requires that every person should have a right  to a basic income to cover their needs, just by virtue of being citizens. The … Read more DMPQ- What is the concept of Universal basic income ? Critically evaluate it’s viability for India.

Pros Economic planning is assumed to modify the restraining influence of limited resources by recogniz­ing the existence of particular constraints and by choosing and coordinating investment projects so as to channel these scarce factors into their most productive outlets. Planning is necessary to take care of the poor and the downtrodden who have little asset … Read more DMPQ: Evaluate the pro and cons of decentralized economic planning.

Pollution: Conventional tanning process leads to environmental pollution e.g. Liquid effluent from light leather processing contains organic matter, chromium, sulphide, and solid waste. Raw material: Economic Survey – 2016-17 pointed out non- availability of cattle for slaughter is an impediment for raw material supplier. Lack of warehousing support: from the government results into huge loss … Read more DMPQ: . What are the challenges faced by the leather Industry in India?

Inflation is the general increase in the price level of basket of commodities. In every country there are certain index to map inflation. Following are different types of Inflation: Creeping Inflation: When prices rise at very slow rate, i.e. creeper’s speed, it is called ‘creeping inflation. Generally 3% annual rise in prices is considered as … Read more DMPQ-What are different types of Inflation? (Economy)

The objective of Project CHAMAN is to provide strategic development to the horticulture sector, so as to increasefarmers income, a pioneer project called CHAMAN. The project is implemented by Mahalanobis is National CropForecast Centre (MNCFC)using remote sensing technology. Silent Features: Project CHAMAN carries out mapping of area and output of 7 horticultural crops in 12 … Read more DMPQ-Write a short note on Project CHAMAN.

IPO is an abbreviation of Initial Public Offer. FPO is an abbreviation of a Follow-On Public Offer. Key Difference: IPO vs. FPO IPO is the first public issue of the shares of a private company that is going public whereas FPO is the second or subsequent public issue of the shares of an already listed … Read more DMPQ- Difference between IPO and FPO.

:  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)

Tax expenditure is the revenue foregone as a result of exemptions and concessions. Tax expenditure was introduced for the first time in 2006-07 union budget.  Tax expenditure is justified on following grounds: Act as an incentive for priority sector like infrastructure. It promotes balance regional growth It neutralise the disadvantage on account of location It … Read more What do you understand by Tax expenditure? Comment on its relevance? ( Economy)

The Japan International Cooperation Agency (JICA) which undertook the study on  the feasibility of this prestigious project, submitted its report in July 2015. The project  was approved by the Cabinet Committee on Economic Affairs, in December 2015, to  be implemented with Japanese technical and financial assistance. The memorandum of  understanding for cooperation between India and … Read more DMPQ- What is High speed railway project ? Throw light on the salient features of the project ?

Quantitative or General methods are those which are used by the central bank to influence the total volume of credit and money supply in the banking system, without any regard for the use to which is put while qualitative or selective measures are those which are used by the central bank to regulate the flow … Read more DMPQ- Explain quantitative tools of monetary policy taken by Central banks.