Economy

Merchant discount rate on debit cards is the amount that a merchant has to pay to its service providers when a consumer swipes her card on the merchant’s point of sales terminal. It is also applicable for online transactions and QR based transactions.  The amount that the merchant pays for every transaction gets distributed among … Read more DMPQ- Merchant discount rate.

. Despite the efforts of the government as highlighted above infrastructural development  still has a few challenges as mentioned below: The World Economic Forum has ranked India in terms of infrastructure as 89 among 139 countries. Countries such as China have a rank of 50 and Brazil 62. This implies  that our infrastructure is viewed … Read more DMPQ- What are the key challenge of Infrastructure development in India ?

Parallel economy, based on the black money or unaccounted money, is a big menace to the Indian economy. It is also a cause of big loss in the tax-revenues for the government. We can define black economy as the money that is generated by activities that are kept secret, in the sense that these are … Read more DMPQ-What do you understand by the term Parallel economy? What are the harmful effects of Parallel economy?

Rapid agriculture growth and rapid rural employment growth were always the focus of India’s policy makers. But despite the efforts of the Government since independence a large proportion in rural India lives below poverty line. Schemes introduced by Government to improve Rural Income: In Agriculture sector following programs have been introduced: Rashtriya Krishi Vikas Yojana … Read more DMPQ: 2/3rd of our population lies in the rural India. In rural India incidence of poverty is high. Discuss the methods adopted by the Government of India to address rural distress.

Foreign direct investment (FDI) is an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country, such as ownership or controlling interest in a foreign company.   Concerns with FDI:   FDI has … Read more DMPQ: FDI is good for a Country like India. But FDI is also not immune from criticism. Discuss the ill effect of FDI.

The Nirvik scheme announced by the Union Government would give a fillip to export lending and insurance cover for export credit. The scheme aims to ease the lending process and enhance loanavailability for exporters.Under the scheme,the insurance cover guaranteed will cover up to 90% of the principaland interest. The insurance cover will include both pre … Read more DMPQ- Write a short note on NIRVIK scheme?

DRAFT NATIONAL RESOURCE EFFICIENCY POLICY was released by the Ministry for Environment, Forest and Climate Change for public comments.  The Policy notes that the material consumption in India has increased by six times from 1.2 billion tonnes in 1970 to 7 billion tonnes in 2015. It is expected to double by 2030, in view of … Read more DMPQ: Write a short note on National resource authority?

Highlights of the Bill This Bill amends the principal Act passed in 2013. The Bill enables the government to exempt five categories of projects from the requirements of: (i) social impact assessment, (ii) restrictions on acquisition of multi-cropped land, and (iii) consent for private projects and public private partnerships (PPPs) projects. The five categories of … Read more DMPQ- Highlight the key features of The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Second Amendment) Bill, 2015

The Indian Council of Agricultural Research (ICAR) is an autonomous organisation under the Department of Agricultural Research and Education (DARE), Ministry of Agriculture and Farmers Welfare , Government of India. Formerly known as Imperial Council of Agricultural Research, it was established on 16 July 1929 as a registered society under the Societies Registration Act, 1860 … Read more DMPQ- Write a short note on Indian Agricultural Research Council

Prime Minister Narendra Modi on December 25, 2019 launched a scheme to conserve ground water in regions with low water tables. It is a Rs.6000 crore World Bank approved Central Sector Scheme of the Ministry of Jal Shakti The funding pattern is 50:50 between Government of India and World Bank. Aims to improve ground water management in priority areas in the country through community … Read more DMPQ: Objectives of Atal Bhujal Yojana.