Page-2 of GS-III: Economy & Economic Development

How successful has India’s spectrum policy been in enabling connectivity? Examine its limitations and the provisions under the new policy. Also suggest a way to use spectrum for ending the country’s digital divide.

The Draft Indian Telecommunications Bill, 2022 has been released and it will replace existing laws in the telecom sector, such as the Indian Telegraph Act 1885, Indian Wireless...

May 26, 2024

"In last one and half year, the Global oil prices have fallen sharply."Examine the reasons and its implications for oil producers, consumers and environment.

The fall of oil prices globally can be cited by reasons: Low demand due to weak economic activities Growing switch away from oil to other fuels USA has...

May 24, 2024

In view of the recent geopolitical tensions, how can India ensure its energy security? What are the challenges presented by these geo-political tensions? Suggest a way forward.

  India is dependent on imports for majority of its fuel supply. The ongoing geopolitical tensions around the world, including Russia-Ukraine war, tensions among gulf nations, have severely...

May 24, 2024

Explain the concept of Moonlighting. In light of the recent concerns raised by the IT sector over the practice of ‘moonlighting’, discuss the reasons behind the practice and possible solutions.

Moonlighting is the act of working at an extra job beyond regular working hours, usually without the knowledge of the employer. Moonlighting is not a new concept: We...

May 23, 2024

Cheaper oil will not eliminate structural challenges facing Asia's biggest economies although it presents a huge opportunity for both India and China. Explain.

India has all reasons to be pleased as the oil trends will spell a huge improvement in current account deficit, correct the government’s balance sheet and also tame inflation...

May 21, 2024

What is the ‘Solar Facility’ launched at the 5th ISA Assembly Meeting? Discuss its utility in enabling capital flow for solar power projects in under-served areas.

Solar Facility is a payment guarantee mechanism under the ISA framework. It was launched to attract investments into the solar energy sector, in line with the ISA goal...

May 20, 2024

What are the advantages of compressed biogas? How will it help to achieve twin goals of becoming energy self-sufficient and increase farmers income?

Asia’s largest Compressed BioGas (CBG) plant has been opened up in Punjab recently. It is a step in achieving the objectives under the government’s SATAT (Sustainable Alternative Towards...

May 18, 2024

As the world begins to enjoy the fruits of Industry 4.0, comment on how India can ensure that its small enterprises aren’t left behind.

The world is currently going through a fourth industrial revolution, called Industry 4.0 and India being one of the fastest growing economies has the potential to lead it....

May 18, 2024

What are the pros and cons of a cashless economy? What are the measures taken by the government towards realizing a cashless society?

  A cashless economy is one in which payments are performed digitally rather than traditionally using coins or cash, such as through digital wallets, net banking, mobile banking,...

May 18, 2024

What are the pros and cons of launching polymer banknotes? Which countries are issuing such currencies?

  Various forms of currency have been tried out throughout the globe. One such initiative has focused on polymer banknotes produced from biaxially oriented polypropylene (BOPP) sheets, which...

May 17, 2024