Economy DMPQ

The National Agriculture Market is envisaged as a pan-India electronic trading portal which seeks to network the existing APMCs and other market yards to create a unified national market for agricultural commodities. NAM is a “virtual” market but it has a physical market (mandi) at the back end. NAM is proposed to be achieved through … Read more

Causes of Yes Bank crisis: Loan spree In the last five years, Yes Bank went on a loaning spree. Its total advances rose by 334% between FY14 and FY19, the highest rise among comparable banks in the period. Bad loans multiply Many borrowers started defaulting. The bank’s Gross NPA% (loans overdue for >90 days) zoomed … Read more

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

India, however, seems to be in a demographic sweet spot with its working-age population projected to grow by a third over the same period.India’s demographic cycle is about 10-30 years behind that of the other countries, indicating that the next few decades present an opportunity for India to catch up to their per capita income … Read more

The Finance Commission is constituted by the President under article 280 of the Constitution, mainly to give its recommendations on distribution of tax revenues between the Union and the States and amongst the States themselves. Two distinctive features of the Commission’s work involve redressing the vertical imbalances between the taxation powers and expenditure responsibilities of … Read more

Development of port infrastructure in India is not on par with the other ports across  the world. Trade in India has to face severe challenges due to inefficient port services.  Shipping lines avoid touching ports in India because of the long waiting time. The capacity  of various ports including Mumbai has already been exhausted and … Read more

Lack of infrastructure–Approximately 95.2 per cent of schools are not yet compliant with the complete set of RTE infrastructure indicators according to survey conducted in 2010.They lacks drinking water facilities, a functional common toilet, and do not have separate toilets for girls. Number of boards causes non uniformity of curriculum throughout India so maintenance of … Read more

The scheme for Remission of Duties or Taxes on Export Product (RoDTEP) will replace Merchandise Exports from India Scheme (MEIS) for reimbursement of taxes & duties for export promotion. Textiles and all other sectors which currently enjoy incentives upto 2 per cent over MEIS will transit into RoDTEP. In effect, RoDTEP will more than adequately … Read more

Objectives of the Agriculture Export Policy are as under: To double agricultural exports from the present US $ 30+ Billion to US $ 60+ Billion by 2022 and reach US $ 100 Billion in the next few years thereafter, with a stable trade policy regime. To diversify our export basket, destinations and boost high value and value-added agricultural exports … Read more

Appropriation Act:  The Appropriation Bill under the Indian Constitution is related to the Budget making process by the Government. According to Article 114 of the Indian constitution, no money can be withdrawn from the Consolidated Fund of India ( which basically comprises of the major fund of the govt. of India) to meet specified expenditure except under an … Read more