Economy DMPQ

The Build Operate and Transfer (BOT) Annuity Model   Under BOT annuity, a developer builds the highway, operates it for a specified duration and transfers it back to the government. The government starts payment to the developer after the launch of commercial operation of Join Our Telegram Channel the project. Payment will be made on … Read more

Inflation is the sustained increase in the general price of goods and services and hence Join Our Telegram Channel it reduces the purchasing power of Rupee. But some mild inflation is good for an economy as it help to grease the wheels of the commerce.   There are various ways to control Inflation:     … Read more

Gujarat: Online consent system for environment clearances Geographic Information System (GIS)-based land identification system Maharashtra: Unified process with single identification for Join Our Telegram Channel Value Added Tax and Professional Tax registration Time required for getting an electricity connection has been reduced to 21 days from 67 days and procedures involved has been cut down … Read more

Bad bank or PARA (Public Sector Asset Rehabilitation Agency) was proposed in Economic Survey 2016-17. Bad Bank is an institution which specializes in loan resolution process, so Join Our Telegram Channel that banking system is free to focus on core banking solutions. Need for PARA According to Economic Survey, need for PARA arises because: Early resolution so … Read more

Big data is the huge amount of data which is present in an unprocessed way. It is a complex data. Big data is characterised by 3 Vs ie. Volume of data, velocity of data i.e. processed and complex variety of data. Big data has various useful Join Our Telegram Channel application. The application of Big … Read more

Government has taken various measures to boost the incomes especially rural incomes to usher Join Our Telegram Channel spending and consumption levels in the economy. Increase in the Minimum Support Prices (MSPs) for all mandated Rabi crops and Kharif crops for 2019-20 season. To provide an assured income support to the small and marginal farmers, … Read more

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

Along with bringing transparency and accountability in enforcement of Labour Laws, the Government has taken various initiatives to realize and establish the dignity of every worker through provision of social security, enhancing the avenues and quality of employment along with industrial development. Recent major reforms are: Introduction of Labour Codes In line with recommendations of … Read more

Financial inclusion refers to delivery of financial services, including banking services and credit, at an affordable cost to the vast sections of disadvantaged and low-income groups who tend to be excluding.   Financial inclusion can lead to inclusive growth in following ways:   Formalization of economy:    A well spread out financial system engenders economic … Read more

In the last few years, a large number of farmers have committed suicide.  Cases of suicides have been reported from states such as Andhra Pradesh, Karnataka, Maharashtra, Kerala, Punjab, Rajasthan, Orissa and Madhya Pradesh. Some of measures suggested include: Provide affordable health insurance and revitalize primary healthcare centres. The National Rural Health Mission should be … Read more