Current Affairs

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Page-37 of GS-III: Economy & Economic Development

Suggest amendments to Model Tenancy Act to address housing sector woes.

The model tenancy act is criticized for ignoring the ground realities. If suitable amendments are made it can...

📅 September 2, 2023

Nothing grows fast in finance without storing trouble for the future and so is also true for Indiaï¿½s exotic funds. Comment.

Exotic funds of India which are meant for the wealthy investors have grown to around $40 billion from...

📅 September 1, 2023

Despite the fact that services share a huge fraction of India's GDP, there is no index of service production similar to Index of Industrial Production so far. While explaining how measuring production of services is different than measuring production of goods; suggest the key heads which should be placed in the Index of Services Production (ISP) for India.

Over the years, services have become the most dynamic sector of the economy. They contributed nearly 60% of...

📅 August 31, 2023

Is Indian economy heading towards slowdown?

The estimates for the second quarter have shown that the GDP growth rate has reduced to 7.1% from...

📅 August 31, 2023

Despite huge demand for palm oil, why the the area under cultivation of palm has not increased in India?

Even though India is the fourth-largest grower of oilseeds India relies on imports to meet over 70 per cent...

📅 August 31, 2023

How under-reporting (of income) is a major concern for mobilization of resources despite growing tax collection?

The Central Board of Direct Taxes has released the latest data on income tax collections. Key findings from...

📅 August 30, 2023

One of the biggest failures of Indian Economy is that it has not been very successful in establishing employment-intensive industries. Can the proposed Coastal Employment Zones bring substantial success towards this? Discuss highlighting the salient features of Coastal Employment Zones.

In recent years, India has seen jobless growth whereby the employment growth was around 2 lakhs per year,...

📅 August 30, 2023

Why India lacks way behind Sri Lanka and Singapore in development of Trans-shipment ports? Discuss the geographical / political reasons along with highlighting the government efforts so far.

The Indian port sector plays a vital role in sustaining growth in the country’s trade and commerce. But...

📅 August 30, 2023

The concept of payment banks seems to be a novel concept having financial inclusion its most likely outcome. However, some have expressed doubts over their viability and scalability. Examine the issue throwing light on their business model.

Model Answer Payment banks cannot give loans and cannot accept time deposits. This would simply mean that they...

📅 August 29, 2023

Why the GST council is considering an amnesty scheme?

GST Council is a constitutional body which is mandated to be the final decision-making authority on all GST-related...

📅 August 28, 2023

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Page-37 of GS-III: Economy & Economic Development

Suggest amendments to Model Tenancy Act to address housing sector woes.

Nothing grows fast in finance without storing trouble for the future and so is also true for Indiaï¿½s exotic funds. Comment.

Is Indian economy heading towards slowdown?

Despite huge demand for palm oil, why the the area under cultivation of palm has not increased in India?

How under-reporting (of income) is a major concern for mobilization of resources despite growing tax collection?

One of the biggest failures of Indian Economy is that it has not been very successful in establishing employment-intensive industries. Can the proposed Coastal Employment Zones bring substantial success towards this? Discuss highlighting the salient features of Coastal Employment Zones.

Why India lacks way behind Sri Lanka and Singapore in development of Trans-shipment ports? Discuss the geographical / political reasons along with highlighting the government efforts so far.

The concept of payment banks seems to be a novel concept having financial inclusion its most likely outcome. However, some have expressed doubts over their viability and scalability. Examine the issue throwing light on their business model.

Why the GST council is considering an amnesty scheme?

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