Economy

(A)National investment fund The cabinet Committee on Economic Affairs (CCEA) on 27th January,  2005 had approved the constitution of a National Investment Fund (NIF). The Purpose of the fund was to  receive disinvestment proceeds of central public sector enterprises and to invest the same to generate  earnings without depleting the corpus. The earnings of the … Read more DMPQ- Write a short note on followings: (A) National investment fund (B) Non-tariff trade barriers (C)Participatory notes or P-notes

The Act is expected to re-establish the rule of law with respect to the fugitive economic offenders as they would be forced to return to India to face trial for scheduled offences. This would also help the banks and other financial institutions to achieve higher recovery from financial defaults committed by such fugitive economic offenders, … Read more DMPQ- Discuss the salient features of Fugitive Economic offenders Act, 2018.

Ans: Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold. The excess realisation is treated as income and taxed accordingly. The tax was introduced … Read more DMPQ: . What is Angel Tax? What are the concerns attached with the Angel Tax?

Tax expenditure is the revenue foregone as a result of exemptions and concessions. Tax expenditure was introduced for the first time in 2006-07 union budget.  Tax expenditure is justified on following grounds: Act as an incentive for priority sector like infrastructure. It promotes balance regional growth It neutralise the disadvantage on account of location It … Read more What do you understand by Tax expenditure? Comment on its relevance? ( Economy)

It is restructured name of multi sectoral development Programme. It is under Ministry of Minority affairs. The restructured programme would provide better socio economic infrastructure facilities to the minority communities particularly in the field of education, health & skill development as compared to the present situation, which would further lead to lessening of the gap … Read more DMPQ- Pradhan Mantri Jan vikas Karyakram.

The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding borrowing. Current account deficit is when country’s export of goods, services and transfers are lesser than its imports of goods, services and transfers.   Impacts of Fiscal deficit: If unchecked it will lead to crowding out effect, manipulation of … Read more DMPQ: Why twin deficit is a concern for any economy? Outline the methods adopted by Government of India to deal with twin deficit.

To sustain the reforms brought in by scheme on ‘End to End Computerization of Targeted Public Distribution System (TPDS) Operations’ the Department of Food & Public Distribution has launched a new scheme namely “Integrated Management of Public Distribution System (IM-PDS)” for implementation during 2018-19 and 2019-20. The main objective of the scheme is to introduce … Read more DMPQ- One Nation One card scheme.

Large-scale, technology-enabled, real-time Direct Benefit Transfers can improve the  economic lives of India’s poor, and the JAM Trinity (Jan Dhan, Aadhaar, Mobile) can  help the government implement them. Over the past year, JAM has deepened its coverage  at an astonishing rate creating around 4 million accounts per week and several mobile  money operators were licensed. … Read more DMPQ- . What is the concept of JAM ? Point out it’s significance in the modernization of Indian economy.

After the recent Assembly elections, the new governments in Rajasthan, Madhya Pradesh and Chhattisgarh announced farm loan waivers. According to SBI Research, around ₹70,000 crore will be spent on farm debt waivers till May 2019.  Rising costs, drop in income and increasing incidence of indebtedness among small and marginal farmers manifested in a spate of suicides over … Read more DMPQ: Farm loan waiver has become a populist tool. Do you think loan waiver is the ultimate solution? (Economy)

P-Notes or Participatory Notes are Overseas Derivative Instruments that have Indian stocks as their underlyingassets.  These instruments are issued by foreign portfolio investors (FPIs) registered with SEBI. It allows foreign investors to buy stocks listed on Indian exchanges without being registered with SEBI.  It gained popularity as foreign institutional investors (FIIs) started betting on stocks … Read more DMPQ- What is P Note? What is the concern associated with P Note?