Economy

It is being implemented by the Ministry of Labour and Employment and is operational since August, 2016.  It was launched for incentivising employers for generation of new employment. The Government of India will pay the entire employer’s contribution (12 per cent or admissible contribution) towards the Employees’ Provident Fund (EPF) and the Employees’ Pension Scheme … Read more DMPQ- Pradhan mantri rojgar Prohtsahan yojana.

The purchasing power of a currency refers to the quantity of the currency needed to purchase a given unit of a good, or common basket of goods and services.  Purchasing power is clearly determined by the relative cost of living and inflation rates in different countries. Purchasing power parity means equalising the purchasing power of … Read more DMPQ- Purchasing power Parity.

End of license raj On 24 July 1991, Prime Minister Narasimha Rao announced the end of the license-permit Raj and Finance Minister Manmohan Singh presented a historic budget that rolled out economic liberalisation in India. It proposed getting rid of the Monopolies and Restrictive Trade Practices asset limit totally. Industrial licensing would be abolished for … Read more DMPQ- . “In 1991 India went through many liberal economic policies which changed India’s economic scenario” Elucidate.

It is a e governance too which stands for Crime and Criminal Tracking network system. It aims at creating a comprehensive and integrated system for effective policing through e governance.  It is envisaged as a countrywide integrated database on crime incidents and criminals. It aims to connect all police stations, with their crime and criminal … Read more DMPQ:Explain CCTNS

Depository is a place where financial securities are held in dematerialised (DEMAT) i.e. in electronic form. It is responsible for maintenance of ownership records and the facilitation of trading in dematerialized securities. A depository eliminates the risk associated with holding physical securities. Earlier, the buyer would have to keep checking if the shares have been … Read more DMPQ-What is depository and how does it help an investor? Name the Depositories working in India.

. Micro finance institutions, as a concept have their genesis in  Bangladesh, pioneered by Mohammed Yunus, for which he was awarded the Nobel Prize, as  successful institutions for reaching out to the last unit of any economy not possible through  banks and directly contributing to the uplift of the poor especially rural women. In India, … Read more DMPQ- Briefly describe the concept of micro finance. Also discuss the role of SHG (Self help groups) movement in India’s micro finance sector.

Inflation is the general increase in the price level. This increase in the price level reduce the purchasing power and the disposable income. This decrease hurts the poor most. There are various ways to control inflation. Some of them are as follows:   Credit Control: Central bank (RBI in India) can control the money flow … Read more DMPQ:Inflation hurts the poor most. Suggest the ways to control inflation.

With an aim to create a $400-billion electronicsmanufacturing industry & generate 1 cr jobs by2025, the Ministry of Electronics and InformationTechnology (MeitY) has come out with the draft‘National Policy on Electronics 2018’ (NPE 2018). Initiatives taken for Electronic System Design &Manufacturing (ESDM) Sector in India Electronics Manufacturing Clusters: To overcome disadvantages due toinfrastructure, EMC was … Read more DMPQ-Electronic industry is going to be the hotspot for Indian economy. Discuss the steps taken by India to promote electronic industry in India.

Since the beginnings of the last decade as a part of the economic reforms programme, the taxation system in the country has been subjected to consistent and comprehensive programme.  Indian government over the years have introduced tax reforms from time to time.     Direct tax reforms: Reduction and rationalisation of rates- there are only … Read more DMPQ: Tax reforms are the major part of the economic programme. Discuss the reforms taken in the direct taxes and indirect taxes in India.( Economy)

Unemployment rate is very high. The problem is structural and there are both long term and short term causes of the problem. The major reasons are: Weak aggregate demand of the country. Global economic is passing through rough patch. Low emphasis of our curriculum on skill development and training. Age old educational programme and curriculum. … Read more DMPQ- Unemployment rate is highest in last 45 years. What are the reasons for higher rate of unemployment in India? Give solutions to this problem.