Economy

India Post launches Five Star Villages Scheme to ensure 100% rural coverage of postal schemes Gramin Dak Sevaks to lead Public Awareness Campaign on Postal Services Scheme to be implemented nation-wide All postal products and services will be made available and marketed and publicized at village level, under the Five Star Villages scheme. Branch offices … Read more DMPQ- What is Five Star Villages Scheme?

In 2005, another expert group to review methodology for  poverty estimation, chaired by Suresh Tendulkar, was constituted by the Planning Commission.  The reason for formulation of committee was : Issues with the adjustment of prices for inflation, both spatially and temporally. Earlier poverty line assumed that health and education would be provided by the state  … Read more DMPQ: Tendulkar committee on estimation of poverty changed the basis of calculating poverty. Discuss.

  Full Budget deals with both expenditure and revenue side but Vote-on-account deals only with the expenditure side of the government’s budget. The vote-on-account is normally valid for two months but a full budget is valid for 12 months (a financial year). As a convention, a vote-on-account is treated as a formal matter and passed … Read more DMPQ- What is the difference between full budget and vote on account?

Physical Quality of Life Index (P.Q.L.I) was developed by famous economist Morris David in 1979 for 23 developed and developing countries. Morris David used the following three indicators to prepare a composite index known as Physical Quality of Life Index: Life Expectant Rate (L.E.I) Infant Mortality Rate (I.M.I) Basic Literacy Rate (B.L.I) Life Expectant Rate … Read more DMPQ- Mention the indicators of Physical Quality of Life Index (PQLI).

Rural people in India depend on a wide range of bioresources for their nutrition and livelihood security.  The report recommends: Preserving traditional rights of access to biodiversity, which include access to non-timber forest products including medicinal plants, gums and resins, oil yielding plants and beneficial micro-organisms; Conserving, enhancing and improving crops and farm animals as … Read more DMPQ- Highlight the recommendations of Swwaminathan Commission mentioning bioresources for their nutrition and livelihood security of Rural India.

Steps to modernise agri are as follows: Increase area under irrigation. Increase adoption of hybrid and improved seeds. Dynamic seed development plans. States should aim to increase the seed replacement rate (SRR) to 33 per cent for self-pollinatedcrops and 50 per cent for cross-pollinated cropsin alternative years. Increase variety replacement ratio to phase out old … Read more DMPQ-Doubling farmers income is to be achieved by 2022. In this context discuss the ways to modernise agriculture to ensure double farmers income. (ECONOMY)

Effects: Negative: All major industries getting affected such as Hospitality, tourism, Aviation will be directly impacted because of low demand. Gig economy affected mostly and it will lead to loss of Jobs and unemployment rate will increase. Export Industries will show loss in the forthcoming period due to reduction in the demand of export goods. … Read more DMPQ-Write down the effect of COVID-19 on the economy of the country.

Information and Communication Technologies (ICTs) play a key role in development & Economic growth of Rural India. Political, Cultural, Socio-economic Developmental & Behavioral decisions today rests on the ability to access, gather, analyze and utilize Information and Knowledge. ICT is the conduits that transmit information and knowledge to individual to widen their choices for Economic … Read more DMPQ-Discuss the role of e-governance in India’s rural development.

The Agreement on Trade-Related Investment Measures (TRIMs) are rules that apply to the domestic regulations a country applies to foreign investors, often as part of an industrial policy. The agreement, concluded in 1994, was negotiated under the WTO’s predecessor, the General Agreement on Tariffs and Trade (GATT), and came into force in 1995. The agreement … Read more DMPQ: What do you mean by Trade-Related Investment Measures (TRIMs) ?

GIFT stands for Gujarat International Finance Tec-City (GIFT). GIFT City is an emerging global financial and IT services hub, a first of its kind in India, designed to be at or above par with globally benchmarked business districts. It is supported by state-of-the-art infrastructure encompassing all basic urban infrastructure elements along with an excellent external … Read more DMPQ- GIFT.