Economy

Positives: Low Import Bill Low pressure on Current account deficit. Ease in the balance of Payment. Ease of pressure on Inflation. Low price for consumer if the lower price effect pass on and High revenue for centre and states if the effect doesn’t pass on to the consumer. Money saved can be utilised for social … Read more DMPQ: Discuss the impact of low crude oil prices on Indian economy.

To overcome the economic impact of coronavirus-induced lockdown on the poor, Prime Minister Narendra Modi, soon after the imposition of lockdown on March 24, announced a relief of Rs 1.70 lakh crore under the Pradhan Mantri Garib Kalyan Yojana. salient features of the scheme —                Insurance cover of Rs 50 Lakh per health worker … Read more DMPQ- Salient features of Pradhan mantri gareeb kalyan Yojana.

Issues attached :   As a proportion of GDP expenditure on Science and Tech has been stagnated. It is between 0.6-0.7% of GDP over the past two decades. Expenditure is skewed in favour of Atomic energy, space, earth science , Biotechnology and the expenditure on ICMR is on decline. As compared to its peer competitors, … Read more DMPQ: As India emerges as one of the world ‘s largest economies, it needs to gradually move from being a net consumer of knowledge to becoming a net producer. Discuss the issue attached with Expenditure on Science and Technology?

Accelerating Growth of New India’s Innovations or AGNIi is a national initiative under the guidance and support of the Principal Scientific Adviser to the Government of India. It is being handled by Invest India. AGNIi provides a platform for innovators to scale up their market-ready products by creating pathways for licensing, technology transfer and market … Read more DMPQ- AGNIi

GDP includes the final value of all goods and services. It is a benchmark tool which is used to gauge the direction and overall wealth of the economy. For example India is 6th largest economy but it is one of the poorest country more than 22% of the people are living in abject poverty. The … Read more DMPQ:GDP represents the quantitative factor but does not include the inclusiveness and quality comment.

Dear below is the list of questions furnished in Economy section of DMPQ

Minimum support price is the government scheme to safeguard the interest of the farmers. GOI declares the MSP of various agricultural produce and assures the farmers that their agriculture produce will be purchased at the MSP. The Food Corporation of India acts as the Nodal agency of the GoI. MSP scheme is implemented through state … Read more DMPQ: What is Minimum Support Price? How will MSP rescue the farmers from low income trap?

The Policy is based on a principle of industrial growth in partnership with the States.  Central Government will create the enabling policy framework, provide incentives for  infrastructure development on a PPP basis through appropriate financing instruments,  while State Governments will identify the suitable land and be equity holders in the  National Investment and Manufacturing Zones … Read more DMPQ- What are the important aspects of national manufacturing policy 2011?

India’s export performance is poor. Over the years, since Independence, India’s share of the world export trade has been very low. The share of export of other developing countries of Asia, namely China, South Korea, Malaysia, Singapore and Thailand is much more than of India. There are several reasons for poor performance of India’s export … Read more DMPQ:What are the possible reasons for India’s Poor share in world trade?