Hydrogen-based energy production can play a key role in a clean, secure, and affordable energy future. In this context, identify the potential and opportunities for utilizing hydrogen-based technologies. What are the challenges that need to be addressed to fulfill the potential?

Hydrogen-based energy production makes use of hydrogen fuel cells by electrochemical reactions to generate heat & energy. Potential and opportunities for utilizing Hydrogen energy: Source of clean energy – Hydrogen emits no greenhouse gases, unlike other fuels like coal and ..

How land banks can encourage land use efficiency and create economic growth? Discuss in light of increasing prominence of land banks in India. Also, examine the concerns associated with it.

Land banks refer to ready-to-use land parcels with pre-clearances & regulatory approvals. DIPAM (Department of Investment and Public Asset Management) recently finalized proposals for a land bank company to streamline land bank use. Benefits of Land Banks: Better land use ..

There is an increasing demand for global minimum tax, across the world. Discuss the significance, prospects, and challenges for India.

Recently, the Organisation for Economic Cooperation and Development (OECD) announced that 136 countries (including India) have agreed to the Global Minimum Tax (GMT), which is to be paid by big MNCs, regardless of their location. The rate of GMT is ..

India’s policy of price intervention in the agricultural sector has done more harm than benefit. It has created a skewed agricultural market and complicated matters related to international trade rules. Critically discuss.

The agricultural sector provides employment to nearly 45% population and is crucial to India’s food security. Thus, numerous price interventions exist to support the sector: Direct Benefit Transfer to farmers, e.g. PM-Kisan. Guaranteed crop procurement at pre-decided prices, e.g. MSP, ..

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 ..

A barrier-free trade of the agriculture produce is essential in doubling farmer’s incomes. The farm laws that are taken back were a right step to tackle the bottlenecks. Critically analyze.

While India has 18 percent of the world’s population, it has only 2.4 % of world’s area, only a fraction of which is available for agriculture. Thus, there is excess crowding in agriculture which contributes to 18% of GDP and ..

Special Economic Zones (SEZs) have a great potential for economic growth, however, they have achieved limited success in India. Mention the factors responsible and also suggest some steps to address the problem.

Special Economic Zones are industrial clusters, based on the cluster-based development model of China. They were set up under SEZ act of 2005. However, their contribution to exports, for which they were set up has remained limited, contributing only $4 ..

India has a very high potential for startups, however, there has been limited success because of various challenges. Discuss.

There is no common definition for startups in India, however, the Income Tax Act defines startups as those companies, that are registered for less than 10 years and have a total turnover not exceeding 100 crores in any of these ..

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 ..

Smart Agriculture can be a game-changer for the stressed agriculture sector in India. Elaborate.

Smart agriculture is the use of ICT & next gen appliances to aid in improvement of yield & quality of the crop produced. Advantages: Drones can be used to survey the land and assess the yield. It would help to ..