Evaluate the performance of PM KISAN in easing the cash crunch faced by the farming community.

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), launched in February 2019, is a central sector scheme with 100% funding from the union government. Highlights of the scheme: The central government transfers an amount of Rs.6000 per year in three equal ..

Topics: GS-III: Indian Economy Issues Relating to Planning • GS-III: E-Technology in the Aid of Farmers

What are Digital Banking Units? Comment on how DBUs are the next big step in India’s digital banking journey.

Recently the Prime Minister of India has dedicated 75 digital banking units (DBU) across 75 districts to the nation. It was announced in the budget of 2022-23. Digital banking units: It is a specialised business unit equipped with digital infrastructure, ..

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

In view of the upcoming introduction of CBDC (Central Bank Digital Currency) by RBI, discuss its concept, advantages and associated challenges.

The Reserve Bank of India has presented a concept paper on various issues related to introduction of CBDC in the country. The RBI is likely to introduce it as a pilot project first to assess its viability before introducing it ..

Topics: GS-III: Indian Economy Issues Relating to Planning • GS-III: Indigenization of Technology and Developing New Technology

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

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

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