Economy

The Insolvency and Bankruptcy Code (IBC) was enacted in 2016 to facilitate a time-bound resolution for ailing and sick firms. It could either be through closure or revival, while protecting the interests of creditors. Under IBC, either the creditor (banks) or the loaner (defaulter) can initiate insolvency proceedings. It is done by submitting a plea … Read more DMPQ: Exit problem is the biggest hurdle for Indian firms as per economic survey. To get rid of this Insolvency and Bankruptcy code was passed. What are the features of IBC.

Rapid agriculture growth and rapid rural employment growth were always the focus of India’s policy makers. But despite the efforts of the Government since independence a large proportion in rural India lives below poverty line. Schemes introduced by Government to improve Rural Income: In Agriculture sector following programs have been introduced: Rashtriya Krishi Vikas Yojana … Read more DMPQ: 2/3rd of our population lies in the rural India. In rural India incidence of poverty is high. Discuss the methods adopted by the Government of India to address rural distress.

Commerce ministry has released a consolidated policy for FDI  in 2017. This time they have included start ups in the FDI policy also. The major features of FDI are as follows: With the dilution of FIPB, the power for clearance has been delegated to the administrative departments. The proposal relating to the banking, mining, defence, … Read more DMPQ: Discuss the features of consolidated FDI Policy for 2017.

India is mainly a rural country. Nearly 68% of the people reside in the rural area. The reasons for rural poverty are multi dimensional. The reasons are social, economical, geographical.   Economic cause Low agricultural productivity. Over reliance on agriculture.( quote the data) Unequal distribution of land and other assets Decline of Village industries Immobility … Read more DMPQ: If poverty is a problem, rural poverty poses a greater threat . In this context discuss the reasons for rural poverty.

In 2005, another expert group to review methodology for  poverty estimation, chaired by Suresh Tendulkar, was constituted by the Planning Commission.  The reason for formulation of committee was : Issues with the adjustment of prices for inflation, both spatially and temporally. Earlier poverty line assumed that health and education would be provided by the state  … Read more DMPQ: Tendulkar committee on estimation of poverty changed the basis of calculating poverty. Discuss.

Prime Minister Narendra Modi launched the Make in India initiative on September 25, 2014, with the primary goal of making India a global manufacturing hub, by encouraging both multinational as well as domestic companies to manufacture their products within the country. The initiative aims to raise the contribution of the manufacturing sector to 25% of … Read more DMPQ: Why does make in India is essential for sustained growth of India?

Foreign direct investment (FDI) is an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country, such as ownership or controlling interest in a foreign company.   Concerns with FDI:   FDI has … Read more DMPQ: FDI is good for a Country like India. But FDI is also not immune from criticism. Discuss the ill effect of FDI.

In the last decades there has been a considerable increase in the number of technology based startups. Some 800+ startups are coming up every year, going by this trend by 2020 more than 11,500 start-ups are expected to get established in India, generating opportunities for over 2.5 lakhs people. The reasons for startups as drivers … Read more DMPQ: Examine the role of startup as driver of growth.

India is largely a informal economy where various MSME units are there. But these units find hard to access to the formal systems of credit. Before the inception of MUDRA, this sector gets only 4% of its credit needs from banks. The sector used to borrows unspurious rates of interest of 120% and beyond. MUDRA … Read more DMPQ: What is MUDRA? Discuss its significance

FRBM is fiscal responsibility and budget management act is an act of parliament of India to institutionalise financial discipline, reduce India’s fiscal deficit , improve macroeconomic management and the overall management of the public funds by moving towards a balanced budget. The main purpose of the budget was to eliminate the revenue deficit and to … Read more DMPQ: What is FRBM act? Why the objectives of FRBM were not achieved.