Page-3 of GS-III: Economic Growth Development

Discuss the pros and cons of the free-UPI MODEL.

Recently, the government and the payment industry stakeholders have been locking horns with one another regarding charging a minimum amount for digital payments mainly concerning with UPI payments. The banks, payment apps and payment infrastructure providers are strongly demanding to ..

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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 ..

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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 ..

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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 ..

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The Hybrid Annuity Model has helped to increase investments in road infrastructure by rebalancing project risks between the public and private sectors. Discuss.

Hybrid annuity model involves government and private developer jointly investing in the project cost on a 40:60 ratio, with government payment in annual annuity is based on quality of work done. Balancing project risks between public and private sector: 40% ..

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The e-commerce has grown at an exponential rate in fast few years in India, along with that the need for a comprehensive policy on e-commerce has also grown to safeguard India’s interests globally. Discuss.

E-commerce is defined as virtual selling-buying of goods via electronic medium without physical initiation between seller and buyer. Issues and need for e-commerce policy: Smoothen out taxation glitches in the era of GST (states want more control of goods sold ..

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