Page-15 of GS-III: Economic Growth Development
Examine the impact of the corporate tax cut on the consumer prices
The Ministry of Finance has acceded to long pending demand to reduce the corporate tax burden by slashing the rates from 30 per cent to 22 per cent. As the juncture of economic slowdown where the GDP growth has trembled ..
Topics: GS-III: Economic Growth Development
What are the restrictions RBI has placed on the PMC Bank?
The Reserve Bank of India (RBI) has placed a plethora of restrictions on the Punjab & Maharashtra Co-operative Bank Limited (PMC Bank). Even though the RBI did not disclose the specific lapses on the part of the bank, it has ..
Topics: GS-III: Economic Growth Development
What in your opinion has been the role of KVIC in India in terms of job creation in the last 5 years?
PM Modi has brought back Khadi back into vogue. The fabric which was generally seen only in simple shops slipped into the corridors of high-end boutiques. The Khadi Industry of India not only came into prominence because of the latter ..
Topics: GS-III: Economic Growth Development
What is the macroeconomic dilemma faced by the new Indian Government?
There is an evident deterioration in the macroeconomy of the country spiralled by a slowdown in the consumer economy and a widening of the deficit in trade. The facts are reinforced by price signals, the slowdown in vehicle sales and ..
Topics: GS-III: Economic Growth Development
Indian economy presents a paradox of high savings rate with low-income and high savings rate with low growth rate. Analyse.
Economy requires capital formation for its growth. Indian economic growth has been slow due to lack of capital formation. Capital formation is achieved through savings (domestic or individual), loans and debts. For higher rate of capital formation, a country requires ..
Topics: GS-III: Economic Growth Development
What are the major macroeconomic challenges before the Indian economy today?
India is one of the fastest growing economies of the world and it is also facing myriad of complex challenges. These challenges if not addressed through policy initiatives it may trigger a crisis denting the credibility of India. Challenges before ..