Page-60 of GS-III: Economy & Economic Development

Critically analyse the impact of too high and too low oil prices on Indian economy.|

Energy forms backbone of Indian economy thus India’s energy needs are set to grow 4.2% per year till 2035. Oil and gas forms an important part of India’s energy basket. India imports more than 80% of Oil and gas it ..

The social cost analysis of coal and renewable energy done by mid-year Economic Survey (August 2017) has suggested that investments in renewable energy should be made in a calibrated manner as social costs are high in promoting green energy (in comparison to conventional energy). Critically examine the rationale behind such suggestion.

Economic survey 2016-17 has raised the issue that investment in renewable energy would have social cost Rs 11 per unit of electricity generated. Reasons attributed to high social costs are: Shift to renewable energy would leave the conventional plants under-utilised, ..

The question of India’s Energy Security constitutes the most important part of India’s economic progress. Analyze India’s energy policy cooperation with West Asian countries

Energy security of a country is referred to as the association between the security of the country and the presence of natural resources for energy consumption. In order to ensure the smooth functioning of the nation’s economy, the availability of ..

Discuss the possible challenges of disruptive technologies under Industry 4.0 over jobs in services and manufactruring sectors. What should be government approach to tackle these challenges?

Industry 4.0 is the term used to indicate the Fourth Industrial Revolution. The revolution is based on the adoption of automation technology for manufacturing and industrial practices, by implementing modern smart technology. Challenges faced: The challenges faced by the Industrial ..

Mention the advantages of cultivation of pulses because of which the year 2016 was declared as International year of Pulses by the United Nations.

The 68th United Nations General Assembly (UNGA) has declared year 2016 as the International Year of Pulses (IYP). Objective of IYP was to increase the public awareness about the nutritional protein power and health benefits of pulses as part of ..

The central and state governments in India possess huge tracts of public lands but these lands are largely under-utilized. While analyzing the reasons, critically examine how proper utilization of public lands can help the economy.

Being natural, immovable and non-renewable, land is a distinct resource essential for production. India’s public land holdings are one of government’s most significant tangible assets, whether in the hands of central ministries, state governments, or local bodies.  It is observed ..

In spite of adverse environmental impact, coal mining is still inevitable for development. Discuss.

India has been practicing coal mining activities since 1774. And now India is one of the leading countries for coal mining operations. Coal fulfills about 67% of the total commercial energy consumed in India. The states of Jharkhand, Odisha, Chattisgarh, ..

Examine the development of Airports in India through joint ventures under Public-Private Partnerships (PPP) Model. What are the challenges faced by the authorities in this regard?

A public-private partnership (PPP) model is an understanding or agreement between two or more public and private sectors. It may be called a semi privatization arrangement. It is considered as a highly efficient system of management with more transparency. PPP ..

While highlighting the key problems in India's farm exports, outline contours of agricultural export promotion policy for India.

Post economic liberalization, India’s export of agricultural products increased at a rapid pace. Between 1991-92 and 2013-14 India’s agricultural trade surplus recorded a more than ten-fold increase. However, between 2013-14 and 2016-17,  agricultural trade surplus has fallen by 70% because ..

Despite numerous benefits of cashless economy, the MSME in India are reluctant to go cashless. Critically analyze the reasons.

In India, there are about 50 million MSMEs contributing to over a third of India’s GDP,  40 percent of India’s exports, 45 percent of its manufacturing output and employ 20 percent of the workforce. Thus MSMEs have an important role ..