GS-III: Mobilization of Resources

In light of the upcoming Global Mining Summit in Kolkata, comment on the state of mining sector regulation in India. Is deregulation the way ahead?

October 30, 2023

The Global Mining Summit, which is India’s premier gathering for the mining sector, was held in Kolkata in November 2022. For the first occasion since 2018, delegates from India and the rest of the globe physically assembled to debate ambitious ..

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India’s march on the path of development will remain incomplete until it reaps its demographic dividend with skills and education. In this context, discuss the significance of the RISE and EQUIP schemes.

September 27, 2023

India is a country with a large number of working population. Its demography is expected to peak in 2050. India also has largest number of youths in the world, that can act as a demographic dividend. Skill and education are ..

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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?

September 10, 2023

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.

September 9, 2023

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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Highlighting the need for India to participate in Global Value Chains (GVCs), mention the associated concerns. Also suggest remedial measures.

September 2, 2023

Global value chains have helped the growth of East Asian economies (e.g. Japan, China, and South Korea) and are a path to prosperity for India too to leverage its demographic dividend. Significance of GVCs for India: Increase India’s integration with ..

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Highlight the reasons behind declining private investment in India in past few years. Suggest some steps to revive it.

September 1, 2023

Private investment in India has declined to about 29 % which is a cause of worry. Decrease in private investments has direct effect on GDP. Reasons behind private investment decline: Policy uncertainty fuelled by the reforms whose implementation is questioned ..

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