The FinTech sector has grown significantly in India, discuss its potential and challenges in its mainstreaming.

The Fin tech innovations refer to new-age methods for streamlining financial transactions across digital payments, equity, insurance and other sectors. Potential of FinTech Sector: Goes with digital India and digital payments push of the government. Convenient and efficient payments. Secure ..

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

The modernisation and development of railways is imperative for growth of India. However, railways has been lately facing crunch of funds for capital expenditure, which shows its weak financial position. Comment and suggest ways for better resource generation and utilisation.

The Indian railway is the lifeline of country and the most important means of mass transportation. However, it has been facing shortage of funds for modernization and development, for which it has turned to private investors and other credit sources. ..

Topics: GS-III: Economic Growth Development • GS-III: Infrastructure Ports Roads Airports Railways

Social auditing can be used as an efficient tool for addressing the monitoring and implementation bottlenecks in success of government schemes in India. Enumerate the steps that have been taken by the government recently in this regard.

Implementation of government schemes have often been marred by monitoring and implementation challenges. Challenges: Lack of independent monitoring agencies. Lack of awareness among people about schemes and its modalities. Vast size and huge population of India makes monitoring a tough ..

Topics: GS-I: Social Empowerment Communalism Regionalism Secularism • GS-II: Functions and Responsibilities of the Union and the States • GS-III: Economic Growth Development

Bring out arguments surrounding the debate of legalising lobbying in India to promote transparency.

Lobbying is defined as furtherance of a particular political/ economic agenda by directly dealing with political/ bureaucratic officers. Lobbying is often accompanied by exchange of monetary transactions often illegally causing corruption. Augusta westland case – Alleged corruption in purchase of ..

Topics: GS-II: Government Policies and Interventions for Development in Various Sectors • GS-III: Economic Growth Development

Highlight the key components of SWAMITVA scheme and its intended benefits. Also, discuss the potential issues in its implementation.

Land records and their digitization is the key to India’s development in various sectors and hence have been emphasized upon by the government. SWAMITVA scheme of government tries to digitize all the land records of India to help in its ..

Topics: GS-II: Government Policies and Interventions for Development in Various Sectors • GS-II: E Governance Applications Models Successes Limitations Potential • GS-III: Economic Growth Development

The digital financial inclusion in India has seen an exponential growth in past few years. Identify the factors responsible for it and steps taken by the government in this regard. Also, discuss the challenges that remain.

India has seen a revolution in the form of digitalization of financial transactions with such a sharp increase in this sector, being equal to what was envisaged to happen in decades. Factors facilitating digital financial inclusion: Penetration of mobile phones ..

Topics: GS-II: Government Policies and Interventions for Development in Various Sectors • GS-III: Economic Growth Development • GS-III: Inclusive Growth and Issues Arising From It