043 - Government Policies and Interventions for Development in Various Sectors

To achieve the goal of $5 trillion economy, it is imperative to put primary focus on private investments. Discuss. Also, highlight the steps taken by government to boost private investments.

The GDP of any country is dependent on four engines of growth, viz, consumption, government expenditure, private investment, and trade. As per classical economics theories, the savings in an economy turns into investment which turns into growth. But as per the recent economic survey, it has been found that the Investments create growth in an ..

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In order to make India a manufacturing hub, there is a need to focus on the core areas which are crucial for promoting exports. Discuss in the backdrop of Atmanirbhar Bharat Abhiyan.

After the covid-19 lockdown, Atmanirbhar Bharat Abhiyan was launched by the Prime Minister to make India into a self-reliant superpower. The goal to create 10 crore manufacturing job and 25% of GDP by manufacturing is been given off fillip. Way forward: Regional resource based manufacturing is needed, E.g. Coastal areas – coir, Northeast – Bamboo, ..

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Power Discoms are plagued by several problems and privatization is often regarded as a solution to the existing problems. Critically examine.

Electricity is the engine of our economic growth. Basically there are three types of companies associated with electricity infrastructure. Gencos – Power generation companies. E.g. NTPC, NHPC, Reliance power, etc. Transcos – Responsible for transmission of power from generation point to distribution point. E.g. PGCIL Discoms – Responsible for distribution of electricity to end user. ..

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Discuss the need for setting up of social stock exchange in India. What are the key challenges in their effective implementation?

Social stock exchange (SSE) refers to a stock exchange platform, to enable funding for enterprises with social benefits. An expert panel constituted by the SEBI has recommended allowing non-profit organisations to directly list on Social Stock Exchanges (SSE). Need for setting up of SSEs: Financial: As per government estimates there are 31 lakh NGOs in ..

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Asset monetization is imperative to achieve the goal of $5 trillion economy and fund India’s massive infrastructure needs. In the light of above statement, critically discuss the need of national monetization pipeline. Also discuss the issues that need to be addressed for its success.

Government of India has announced National monetization pipeline for asset monetization. Asset monetization refers to deriving value from public assets through means such as leasing (TOT model), selling dysfunctional assets, PPP investments, etc. Need for asset monetization in India: Harnessing the potential of public infrastructure lying idle, e.g. less-used airports, roads, etc. Financing our massive ..

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There is a need for realizing projects under ‘open source’ license for the welfare of society at large. Critically examine the above statement in the context of intellectual property rights.

Intellectual Property Rights provide protection to innovation – in products, processes, etc to incentivize investments and outputs in innovation. India’s IPR policy provides overarching framework for same. Open source licence, refers to making innovation public, at no cost to all. Advantages: Enhanced public welfare, as more and more companies and processes can use the innovations ..

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