Page-61 of GS-III: Economy & Economic Development

Discuss how the intelligent devices such as robots and drones can enable smart farming? Can such technologies be successful in a cost-sensitive country like India – where the majority of the farmers are small producers?

With increasing population and declining productivity, the global agriculture sector is under pressure.  Technological solutions can help in this regard. Various agriculture technology-based startups are working on technological...

March 2, 2023

Do you agree with the view that the cash transfers to farmers who sell their produce in the market at below MSP levels can be a better alternative to the procurement under Minimum Support Price scheme? Discuss taking example of the Bhavantar Bhugtan Yojana (price deficit finance scheme) launched in Madhya Pradesh.

Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices. This serves...

March 1, 2023

Rooftop solar provides provides a good alternative source of electricity to that provided by the grid, however, it is not being adopted widely in India. Highlight the reasons underlying.

Rooftop solar cells can be installed on the roofs of buildings. Out of the target of 100 GW of solar power by 2022, 40 GW is planned to...

February 28, 2023

While highlighting the salient features of National Electricity Policy, critically discuss if the policy has been able to maintain a balance between renewable energy and thermal energy. Give policy suggestions.

Electricity is very critical infrastructure and plays a key role in socio-economic development of the nation. National electricity policy is a framework guideline for the development of the...

February 27, 2023

What do you understand by employment elasticity? Discuss the trends in contribution of manufacturing and services sector in aggregate employment elasticity of India.

Employment elasticity is a measure of how employment varies with economic output.It means whether high GDP growth has translated to high employment and vice versa.The year between 2004-2010...

February 26, 2023

To what extent the benefits of economic liberalization were trickled down to the lower strata of the society? Discuss critically.

Post independence, Poverty, and slow economic growth were the major issues in front of India. One of the core argument for the economic liberalization was that this will...

February 26, 2023

Explain what was meant by 'Reaganomics', the term used to describe President Reagan's economic policies. How successful were these policies.

Reaganomics is a term that is used to denote the economic policies, ameliorated by U.S. President Ronald Reagan during the 1980s. Supply-side economics and trickle-down economics were two...

February 25, 2023

Discuss the comparative trends in horticulture production vis-i-vis food grains production in India in recent years. Do these trends indicate rise (of fall) in income of cultivators? Discuss.

As per advance estimates of the agriculture ministry, horticulture production in 2016-17 is estimated at a record 300 MT which is 4.8% higher than the previous year. During...

February 25, 2023

What do you understand by loan evergreening? To what extent, it affects the bad loans (NPAs) in the banking industry? Discuss while highlighting SEBI's efforts on loan evergreening.

Evergreening in banking is a practice of providing a fresh loan to repay an old loan. For example, a bank can lend money to a company to pay...

February 22, 2023

To what extent, the merger of public sector banks into one large entity can solve all or some of problems of the banking sector in India? Discuss critically.|

In case of public sector banks, bad loans as a ratio of the total loans are close to 10% and this may further increase due to twin balance...

February 20, 2023