Economy DMPQ

DMPQ: Why twin deficit is a concern for any economy? Outline the methods adopted by Government of India to deal with twin deficit.

The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding borrowing. Current account deficit is when country’s export of goods, services and transfers are lesser than its imports of goods, services and transfers.   Impacts of Fiscal deficit: If unchecked it will lead to crowding out effect, manipulation of … Read more

DMPQ: What is HELP? What are its key provisions?

HELP is the new Hydrocarbon exploration Licensing policy. The key features of HELP are as follows:   India has announced HELP, which offers single license to explore conventional and unconventional oil and gas resources. The new policy also gives the investors the much needed freedom in pricing and marketing for crude oil and natural gas. … Read more

DMPQ- What is SAMARTH?

Samarth (Scheme For Capacity Building In Textile Sector) is a flagship skill development scheme approved in continuation to the Integrated Skill Development Scheme for 12th FYP, Cabinet Committee of Economic Affairs. The industry is facing shortage of skilled workers and provides many opportunities for unemployed youth in the country who are trained in the sector. To address … Read more

DMPQ- Write a short note on Infrastructure sector.

Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country. Infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development. India was ranked … Read more

DMPQ: What is PPP model? What are the advantages of PPP?(Economy)

A public-private partnership (P3) is a contractual arrangement between a public agency and a private sector entity, typically of a long term nature. Through this agreement, the skills and assets of each sector (public and private) are shared in delivering a service or facility for the use of the general public. In addition to the … Read more

DMPQ- . What is the concept of JAM ? Point out it’s significance in the modernization of Indian economy.

Large-scale, technology-enabled, real-time Direct Benefit Transfers can improve the  economic lives of India’s poor, and the JAM Trinity (Jan Dhan, Aadhaar, Mobile) can  help the government implement them. Over the past year, JAM has deepened its coverage  at an astonishing rate creating around 4 million accounts per week and several mobile  money operators were licensed. … Read more

DMPQ:What is the role of institution in democracy?

Institution are key component of democracy. They are the building blocks of democracy. These blocks keep the democracy alive and vibrant. Election commission of India, CAG, UPSC, Parliament, SC, NGO, Responsible media, Civil servant are some of the example of institution in democracy.   The role played by the institutions in democracy: Prevent the authoritarian … Read more

DMPQ- Atal Bhujal Yojana.

In order to acknowledge and contain the ever-growing problem of groundwater depletion, the Indian Government introduced the Atal Bhujal Yojana (ABY) in December 2019 after getting financial approval by the World Bank in 2018. It has been launched under Jal Jeevan Mission of the government. Atal Bhujal scheme is related to groundwater usage and conservation … Read more