Economy

The Scheme of Mega Food Park aims at providing a mechanism to link agricultural production to the market by bringing together farmers, processors and retailers so as to ensure maximizing value addition, minimizing wastage, increasing farmers income and creating employment opportunities particularly in rural sector. The Mega Food Park Scheme is based on “Cluster” approach … Read more DMPQ- How important are India’s mega food parks for India’s food processing industry?

Positives:   Introduction of modern technology. The improvement in technology will also mean that coaches that now require maintenance after running 4,000 km will need maintenance after every 40,000 km, which translates to either once or twice a month. Reduction in journey time comparable to operation by Indian railways due to technology introduce by private … Read more DMPQ- Privatisation of Indian Railways has its own merits and demerits. Comment

Aviation sector is one of the promising sector in India. This sector faced a growth rate of 20%  per annum in passenger traffic. As per IATA, India will become the 3rd largest aviation market in the world interms of passenger by 2026. Above data clearly states that aviation sector is not under stressed. The opportunities … Read more DMPQ: Air India is severely under stressed but aviation sector is not. Identify the potential and challenges?

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?

Structural challenges :  definition   Redistribution:  intrinsic limitation in terms of the effectiveness of targeting. State capacity: to handle its domain of delivering on health and education remain impaired for maximum number of states. Competitive federalism failed to idealised a model of delivery of essential services like health and education. Competitive populism needs a counterpart … Read more Indian economy is facing lot of challenges including structural challenges. Outline the structural challenges of Indian economy.

Tier-1 capital:     Tier 1 capital, used to describe the capital adequacy of a bank, is core capital that includes equity capital and disclosed reserves. Tier 1 capital is essentially the most perfect form of a bank’s capital — the money the bank has stored to keep it functioning through all the risky transactions it … Read more DMPQ: Define the following terms; a) Tier -1 capital b) Tier -2 capital c) CAR d) Public debt( Economy)

Small and Medium-sized enterprises (SMEs) are labour intensive, have the advantage of low cost of production and can make good use of locally available resources pushing demand and growth. The sector offers a wide range of employment opportunities and absorbs most of the working age population. Majorly consists of handlooms, handicrafts, coir, sericulture, khadi and … Read more DMPQ-Small and Medium enterprises are key to the economic development of country. Comment

NABH NIRMAN: The government is augmenting the airport capacity of various airports as part of NABH (NextGen Airports for BHarat) Nirman initiative.The government in February announced a new initiative — NABH Nirman— under which it proposes to expand airport capacity in the country by more than five times to handle a billion trips a year.The … Read more DMPQ- Explain the following: a) NABH b) UDAN

The scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level. At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks. In such cases KVIC routes government subsidy through designated banks … Read more DMPQ-Prime Minister Employment generation Programme.

Net domestic product (NDP) represents the net book value of all goods and services produced within a nation’s geographic borders over a specified period of time. Net domestic product provides insight into the age or obsolescence of a country’s assets, as well as how much the country has to spend to maintain its current GDP. After all, if the country … Read more DMPQ-What is Net Domestic Product?