Economy

Private sector is perceived to be guided by profit maximisation and it was considered to be anti to the objective of independent India. Hence socialism was seen as an alternative to it. This deep rooted notion about private sector is more in India. Following examples are testament to it:   In civil aviation sector, there … Read more DMPQ: In India still after 1991 reforms there is ambivalence towards private sector. Explain with the example( Economy)

A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor’s ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some … Read more DMPQ: In recent years role of credit agencies are under scanner. Comment.

Structural challenges :  definition   Redistribution:  intrinsic limitation in terms of the effectiveness of targeting. State capacity: to handle its domain of delivering on health and education remain impaired for maximum number of states. Competitive federalism failed to idealised a model of delivery of essential services like health and education. Competitive populism needs a counterpart … Read more Indian economy is facing lot of challenges including structural challenges. Outline the structural challenges of Indian economy.

Solutions:   Allowing market to penetrate in the non -efficient areas. Government need to do way with the fear of private sector intrusion and instead adopt the role of facilitator. Intellectual property rights need to be preserved and ecosystem of safety of IPR should be there. Rational and quick decision making on the unviable public … Read more Suggest solutions to deal with the structural challenges of the Indian economy.

Universal basic income (UBI) is a model for providing all citizens of a country or other geographic area with a given sum of money, regardless of their income, resources or employment status. The purpose of the UBI is to prevent or reduce poverty and increase equality among citizens. It is one of the kind of … Read more What is Universal base income? Why it was suggested and what are its advantage?

There are disproportionate burden that falls on women and girls due to deficiencies in sanitation facilities.A rapid study conducted in 2016 by WASH Institute and Sambodhiprovides some insight on the burden faced by women:   76 percent of women had to travel a considerable distance to use these facilities. 33 percent of the women have … Read more Lack of access to sanitation is widespread and well documented. The burden faced by women and girls are more due to deficiency in sanitation facility. Comment

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 Demographic dividend is a potential and not destiny. In this context discuss the Advantage of demographic dividend.

Ans:  Green Box Subsidies: The subsidies which cause no, or at most minimal, trade distorting effects or effects on production. These subsidies are permitted under WTO regime, for instance; Government services such as research, disease control, and infrastructure and food security.   Amber Box Subsidies : All domestic support measures considered to distort production and … Read more Explain the different type of subsidies as per WTO agreements

Decoupling means Decline in the growth rate of India when world was facing positive growth rate. The Reasons for this decoupling can be attributed to Domestic reasons and the long term effect of balance sheet syndrome.   Reasons are: Demonetisation exercise lead to negative growth rate. Problems in new Indirect tax reform GST. Twin balance … Read more DMPQ: Economic survey suggested that India’s growth decoupled with the world growth? What is this decoupling and what are the reasons for it?( Economic survey)

The committee, set up in 2015 to recommend measures to enhance combat capability and rebalance defence expenditure of the armed forces, has submitted its final report in December 2016. The committee said that if recommendations are implemented, the government can save up to Rs. 25,000 crore from the current expenditure. The major recommendations are as follows: … Read more DMPQ: What was the mandate of the committee headed by D B Shekatkar? Outline its recommendation. ( Military reforms/ polity)