India has significantly improved its position as one of the leading countries in the field of renewable energy. However, the contribution of coal-based power generation is not expected to go down substantially in the next few decades. Comment on the statement in the light of increasing demand for power in India.

India has diversified its energy basket with increased focus on renewable energy. However, coal-based power generation is still the mainstay of the power sector in India. Reasons for prevalence: Increased power demand. High demand for power from the industrial sector. ..

Topics: GS-III: Infrastructure Energy Sector

For increasing Ease of Doing Business and making India an attractive investment destination, it is imperative to deal with the complexities and high compliance costs associated with existing labour laws at both centre and state level. Discuss. What steps have been taken by the central government to address these challenges?

Labour laws in India are enforced by both central and state governments, which lead to multiplicity of laws and high associated compliance costs. Effects of such complexity: Reduces ease of doing business, difficult to set up compliance mechanisms across the ..

Topics: GS-II: Welfare Schemes for Vulnerable Sections • GS-III: Indian Economy Issues Relating to Planning • GS-III: Mobilization of Resources • GS-III: Economic Growth Development

India has witnessed a positive trend of rising numbers of start-ups in recent years. While analyzing the factors responsible for the same, highlight the challenges that remain. Also, suggest some remedial measures.

A Start up is defined as a newly incorporated business entity (less than five years old) which operates in a niche/unique market segment, often with the use of technology. The Ministry of corporate affairs has reported a four-fold increase in ..

Topics: GS-III: Changes in Industrial Policy and Their Effects On Industrial Growth

A lower value of Incremental Capital Output Ratio (ICOR) is crucial for a developing economy like India. In this context, highlight the factors that limit efficient conversion of savings rate into investments in India. Also, suggest measures to improve it.

The Incremental capital output ratio is a measure which shows the amount of capital required to produce a given product. High ICOR indicates an inefficient economic environment as a large amount of capital is being used to produce low value ..

Topics: GS-III: Indian Economy Issues Relating to Planning • GS-III: Economic Growth Development

The contribution of the manufacturing sector, as a percentage of the GDP, has remained stagnant in recent years. In this context, analyse the achievements of National Manufacturing Policy, 2011 with regards to its intended objectives.

The contribution of the manufacturing sector to GDP is currently at around 16%. It has remained stagnant for the following reasons: Lack of market demand owing to higher inflation in necessary goods. Global economic slowdown – affects export demand. Lack ..

Topics: GS-II: Government Policies and Interventions for Development in Various Sectors • GS-II: Development Processes and Development Industry in India • GS-III: Indian Economy Issues Relating to Planning

After doing mergers of several public sector banks, the government is planning for a second round of merger. Analyse how consolidation of banks can help in addressing the existing problems of the banking sector.

The central government in the past few years has extensively focused on merging smaller banks with larger ones to form a consolidated entity. Now the government is planning for a second round of merger of banks. The aim of the ..

Topics: GS-III: Indian Economy Issues Relating to Planning • GS-III: Mobilization of Resources • GS-III: Economic Growth Development