Economy DMPQ

a) Disinvestment: Disinvestment means sale or liquidation of assets by the government, usually Central and state public sector enterprises, projects, or other fixed assets.The government undertakes disinvestment to reduce the fiscal burden on the exchequer, or to raise money for meeting specific needs, Join Our Telegram Channel Subscribe on YouTube such as to bridge the … Read more

Crowding out is an economic concept that describes a situation where government spending and borrowing reduces overall private sector consumption and investment. Crowding out can be caused by an expansionary fiscal policy financed by increased taxes, borrowing or both. Crowding out can Subscribe on YouTube refer to when government borrowing Join Our Telegram Channel absorbs … Read more

The development of small scale industrial sector has been one of Subscribe on YouTube the major planks of India‟s economic development strategy since independence. India accorded high priority to this sector from the very beginning and pursued support policies to make these enterprises viable and vibrant. Despite numerous protection and policy measures for the past … Read more

Investment – For sustaining high growth, the economy need to continuously add to its “production capacity” through new investment flows. • Productive investment is money that is spent for – building roads, ports (and other Join Our Telegram Channel Subscribe on YouTube public infrastructure), factories, and workforce quality enhancement. • Currently, India is seeing a … Read more

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

SWAYATT is an initiative to promote Start-ups, Women and Youth Advantage Through eTransactions on Government e-Marketplace (GeM). This will bring together the key stakeholders within theIndian entrepreneurial ecosystem to Government e-Marketplace the national procurement portal. The nationallaunch of SWAYATT would further seek to promote inclusiveness by catapulting various categories of sellersand service providers, take proactive … Read more

Indian economy has come a long way since independence. From socialist pattern to liberalised era it , from being agrarian to service oriented economy it has seen many ups and downs. The basic features of Indian economy are enumerated as follows: India is a developing economy with low per capita income. Current Per capita income … Read more

Ministry of Commerce & Industry throughExport Credit Guarantee Corporation (ECGC) has introduced a new Export Credit Insurance Scheme (ECIS) called NIRVIK to enhance loan availability and ease the Subscribe on YouTube lending process.Enhanced cover will ensure that Foreign and Rupee export credit interest rates will be below 4%and 8% respectively for exporters.Under ECIS, insurance coverpercentage … Read more

The tax-to-GDP ratio is the ratio of tax collected compared to national gross domestic product (GDP). In a simpler language, it would be Tax contribution towards GDP.Some countries aim to increase the tax-to-GDP ratio by a certain percentage to address deficiencies in their budgets. In states where tax revenue has gone up significantly in comparison … Read more

Reforms required: Strengthen GST council Independent Join Our Telegram Channel GST council secretariat Inclusion of Petroleum Products, Electricity, Real estate in GST Big data analysis of the data. Tax research unit on Indirect Tax.