Economy DMPQ

The Agreement on Trade-Related Investment Measures (TRIMs) are rules that apply to the domestic regulations a country applies to foreign investors, often as part of an industrial policy. The agreement, concluded in 1994, was negotiated under the WTO’s predecessor, the General Agreement on Tariffs and Trade (GATT), and came into force in 1995. The agreement … Read more

Merchant Banks:      A bank dealing in commercial loans and investment. They manage and underwrite new issues, provide consultancy and corporate advisory services for corporate clients on raising finds and other financial aspects. b) Venture Capital Fund: Usually the financial institutions are hesitant to finance new products because the profitability of new products is uncertain and … Read more

Viability Gap Funding (VGF): Under the Ministry of Finance ‘Scheme for Support to Public Private Partnerships in Infrastructure’ in the form of capital grant at the stage of project construction will be given as per the VGF guidelines. The total Viability Gap Funding under this scheme shall not exceed twenty percent of the total project … Read more

Goods and Services Tax Network (GSTN) is a Section 8 (under new companies Act, not for profit companies are governed under section 8), non-Government, private limited company. It was incorporated on March 28, 2013. The Government of India holds 24.5% equity in GSTN and all States of the Indian Union, including NCT of Delhi and … 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 … Read more

. Mission Pradhan Mantri Awas Yojana (Urban) for ensuring housing for all in urban areas was launched in 2015 which is to be implemented during 2015-22. The Mission provides central assistance to all eligible families/ beneficiaries across all statutory towns for houses included under the mission. The coverage of the Mission was earlier limited to … Read more

Growth is inclusive when: It takes place in the sectors in which the poor work (e.g. agriculture); Occurs in places where the poor live (e.g. undeveloped areas with few resources); Uses the factors of production that the poor possess (e.g. unskilled labour); Reduces the prices of consumption items that the poor consume (e.g. food, fuel … Read more

It is being implemented by the Ministry of Labour and Employment and is operational since August, 2016.  It was launched for incentivising employers for generation of new employment. The Government of India will pay the entire employer’s contribution (12 per cent or admissible contribution) towards the Employees’ Provident Fund (EPF) and the Employees’ Pension Scheme … Read more

Monetary transmission refers to the process by which a central bank’s monetary policy decisions are passed on, through financial markets, to businesses and households.     A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. Instances of people losing their hard-earned money to Ponzi schemes keep … Read more

Featuring the new Global Competitiveness Index, the Report assesses the competitiveness landscape of 140 economies, providing unique insight into the drivers of economic growth in the era of the Fourth Industrial Revolution. Current position of india The country’s favourable demographic has earned it a rank of 58 among 140 countries in the World Economic Forum’s … Read more