Page-55 of GS-III: Economy & Economic Development

With appropriate figures, discuss the significance of household sector in Indian economy.

The household sector which is comprised of all non-government, non-corporate enterprises viz. farm and non-farm businesses, sole proprietorships,  charitable trusts, religious organisations and educational institutions,  is the largest sector in the Indian economy as it stood at 43.6% of GVA ..

What is Academic inflation? How academic inflation deflated the quality education in the country over last decade?

Academic inflation is defined as a mixed situation wherein on one hand having a degree becomes a mandatory requirement for more jobs while, at the same time, becomes an insufficient entry requirement for other set of people. Considering the present ..

The Government of India, along with few other countries has urged UN to declare 2018 as the 'International Year of Millets'. Discuss the advantages of production and consumption of millets in comparison to other cereal crops such as Wheat and Paddy.

India along with many countries has urged United Nations to declare 2018 as the International Year of Millets. If the proposal will agreed then it will raise awareness and advantages of consumption of millets in comparison to other cereal crops ..

Discuss the recommendations of Ramesh Chand Committee Report of March 2015 with respect to the Minimum Support Price (MSP). Why the government is reluctant to accept these recommendations?

Ramesh Chand committee was set in 2013, to examine the methodological issues in the fixing of MSPs. The committee submitted its report in 2015. Some of the important recommendations of Ramesh Chand committee are: The committee recommended that Commission for ..

Enforcement of contract is one of the key areas towards further increasing ease of doing business in India. What are the key loopholes in current contract law to be plugged? Discuss

India stands in 100th place in 2017 Ease of Doing business report released by World Bank by jumping 30 places from 130 in the previous year. India still lags in areas such as starting a business, enforcing contracts and dealing ..

Discuss three key changes India's development policy planning after abolition of Planning Commission.

The three key changes are as follows: The distinction between plan and non-plan expenditures and outlays has gone. This was in line with recommendations of several panels’ including14th finance commission. The constitution has entrusted the responsibility of financial devolution only ..

How India’s rating upgrade by international agencies/organizations help the country foster through globalization? Critically examine.

Globalization is the interacting process for the integration of people, companies, and governments worldwide. In order to conduct international business and to develop a nation economically, culturally, and politically, globalization is necessary. The advancement of transportation and communication technology helps ..

The Food Processing Industry in India suffers from long and fragmented supply chain. Can contract farming provide plausible solution to this problem? Discuss.

Contract farming can be defined as agricultural production carried out according to an agreement between a buyer and farmer thus establishing conditions for the production and marketing of farm products. Fragmented Supply chain is a prime bottleneck of the Food processing Industry. ..

Elucidate the reasons that led to failure of National Land Records Management / Modernization Programme. In the light of its failures, examine the prospects of Digital India Land Records Modernization Programme (DILRMP), which is being pushed by current government.

Government of India launched the National Land Records Modernization Programme (NLRMP) was in 2008 by merging two erstwhile programmes of Computerization of Land Records (CLR) & Strengthening of Revenue Administration and Updating of Land Records (SRA & ULR). The scheme ..

What is a "dark fibre"in terms of stock trading? Explain the recent controversy pertaining to National Stock Exchange (NSE) and algorithm trading.

Dark fibre networks are some dedicated communication line which provides a significant advantage over the internet service providers (ISPs) by facilitating better scalability and speed. Recently it was alleged that some brokers got preferential access to the trading system in ..