Page-66 of GS-III: Economy & Economic Development

What are different factors and routes of emergence of Start-up firms? Discuss in the light of evolution of start-ups in India.

Factors for emergence of a start-up can be broadly classified into fourcategories as follows: As means of livelihood. eg cottage industry,  Own Account Enterprises  As a result of...

January 26, 2023

The ordinance to amend the Payment of Wages Act, 1936 to enable cheque and e-payment has the altruistic objective of removing ill effects of demonetization on low wage workers, but any such efforts are missing for the persons employed in the unorganized sector. Do you agree with this statement? Also discuss the viability and consistency of above amendment through ordinance route in light of the almost washed out Winter Session of the Parliament?

This move though has an altruistic objective is being criticised because it will not be able to target the unorganised sector in the Indian Economy. The Indian economy...

January 26, 2023

How start-up India is different from Stand up India? Discuss the salient features of these initiatives.

Start-up India and Stand-up India are both initiatives by the government to usher in entrepreneurship. Start up “Stand Up India Scheme” is to promote entrepreneurship among SC/ST and...

January 25, 2023

Do you agree with the view that "Dewas model"in irrigation should be replicated across the country. Discuss while highlighting features of this model.

DEWAS District is very popular for water management and irrigation practices. Until 2005, Dewas was a drought prone area where farmers used to have major production problems. however...

January 24, 2023

Critically examine the salient features of start-up ecosystem in India while focussing on recent government initiatives in this direction.

The initiative regarding start-up is not new in India and from ancient time period cottage industries period to current highly knowledge start-up industries in various fields showed big...

January 23, 2023

Start-up India is useless in the country until technical education funding is insufficient to promote innovation at the universities and centers of technology. Discuss critically.

The technical education funding in India is very insufficient to promote innovation at the universities and centers of technology. India is way behind of China in terms of...

January 23, 2023

To what extent the Pradhanmantri Fasal Bima Yojana has addressed the shortcomings of the previous crop insurance models? Discuss critically.

Pradhan Mantri Fasal Bima Yojana (PMFBY) is the new crop damage insurance scheme that has been approved by the Union Cabinet in January 2016. It will replace the...

January 23, 2023

What are the implications of the recently placed Place of Effective Management (PoEM) rules on revenue and business? Critically examine.

Place of Effective Management (PoEM) is a place where key management and commercial decisions for the business of a company are made. The implications are as under: The...

January 23, 2023

What factors contribute to the process of human capital formation? Explain the significance and success of educational programmes in India in the context of human capital formation.

Model Answer Human capital refers to stock of ‘skill and expertise’ embodied in humans. Factors contributing human capital formation are: expenditure on education; vocational training of Individuals; expenditure...

January 21, 2023

"Despite of implementing several crop insurance schemes, farmers are yet to get enough protection from risks in farming."What are the common challenges faced in increasing crop insurance penetration in India? Discuss.

There have been several crop insurance schemes right from 1985 such as Comprehensive Crop Insurance Scheme, Experimental Crop Scheme, National Agricultural Insurance Scheme, etc. Still the farmers have...

January 21, 2023