Page-13 of GS-III: Economy & Economic Development

"Economic growth means more output … Development goes beyond this …".In the light of your answer, comment on the performance of the Indian economy since Independence.

Economic growth refers the long term increase in real national output or real national income. Growth can be measured by an increase in a country’s GDP (gross domestic product)....

March 2, 2024

India has significantly improved its position as one of the leading countries in the field of renewable energy. However, the contribution of coal-based power generation is not expected to go down substantially in the next few decades. Comment on the statement in the light of increasing demand for power in India.

India has diversified its energy basket with increased focus on renewable energy. However, coal-based power generation is still the mainstay of the power sector in India. Reasons for...

March 1, 2024

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...

February 29, 2024

What do you understand by the so called 5/20 rule prevalent in Civil Aviation Sector in India. Discuss the dissenting views on this rule and current government stand in this context.

5/20 Rule states that before an airline is allowed to fly abroad, it must be at least 5-year-old and must have at least 20 aircraft in its fleet....

February 28, 2024

Critically compare the Direct and Indirect Taxes.

Model Answer: Firstly, Direct taxes being progressive in nature results in more equitable distribution of income and wealth, though it might not be always true. Secondly, direct taxes...

February 28, 2024

Critically discuss the key recommendations of Bibek Debroy Committee with reference to Indian Railways.

Bibek Debroy Committee 2015 established by NDA government suggested Mobilization of Resources for Major Railway Projects and Restructuring of Railway Ministry and Railway Board. The key recommendations of...

February 27, 2024

"The need is for The Railways have to become lean and mean, competitive and efficient so that it can compete with the airlines for one segment of passengers, and with road transport for the movement of goods."Discuss in the light of various issues around restructuring the Railway Board.

No doubt, condition for Indian railways over the past few decades has deteriorated in terms of service quality, safety and financial performance and it needs intense improvement in...

February 26, 2024

Public private partnership (PPP) is needed to transform Indian railways; but the transition to PPP model needs to be managed carefully. Analyze.

Indian railways have been seeing PPP involvement in various forms like 150 passenger trains, Tejas, food deliver services, etc. PPP in Indian railways should be encouraged because: It...

February 25, 2024

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...

February 25, 2024

What ails India's Road Transport Economy? Discuss the initiatives taken by the Government to expedite projects under NHDP.

Problems with road transport in India: Maximum roads are two lane roads and hence traffic problem Only 2% road comes under NHAI which have better feasibility Condition for...

February 24, 2024