Mains-58: Indian Economy – Issues Relating to Planning
The Finance Minister has unveiled plans to invest INR 102 lakh crore on infrastructure projects by 2024-25. This, according to the government, is a much-required push for India to achieve its 5-trillion dollar economy goals by the same year. Why is this investment needed? Other than achieving our 5-trillion dollar economy goals, this investment is ..
The economy is in the state of liquidity trap as highlighted by Keynes during the time of depression. It depicts the period when lowering interest rates has ceased to affect demand of funds. It has happened in Japan and the Euro region, where interest rates have lost. The consumption has slowed down which means that ..
The Indian economy has been in a grip of worrying slowdown. The problems affecting the country include global economic uncertainties, specific structural reforms, lack of investment and emphasis on human capital. Fixing the economy The Government needs to allow the States more room and ability to spend money towards priorities such as education and urban ..
The Economic data released by the government suggests that the country may be heading towards stagflation. As per the Index of Industrial Production (IIP) a figure of 3.8% in October shows contraction, as against a healthy growth rate of 8.4% during the same month last year. The Industrial output had shrunk by 4.3% in September ..
The Government seeks to push ahead with the strategic sales of profit-making PSUs. In this context, discuss whether this decision is strategically sound or not.
The cabinet committee on economic affairs (CCEA) has recently approved the strategic disinvestment in BPCL and four other PSUs. These profit making public sector undertakings (PSUs) are being considered for sale for the following – If the government looks to get out of the business If it looks to bring the fiscal deficit down If ..