Highlight the reasons behind an underdeveloped corporate bond market in India. Suggest reforms required in this regard.

Corporate bond market in India is 16 % of GDP compared to more than 70% in South Korea which shows the underdevelopment. Issues faced by corporate bond market: Lack of investors due to trust deficit. Absence of proper policy promotion. ..

Airlines spend some 13–15 percent of their revenues towards Maintenance, Repair and Overhaul (MRO) and presently this revenue goes to countries outside India. What are roadblocks to a vibrant MRO industry in India? Discuss in the light of Draft National Civil Aviation Policy 2015.

Roadblocks to a vibrant MRO industry International airports lack hanger space, which is needed for temporary protective storage of the aircrafts. Setting up MRO is highly capital intensive with high initial as well as recurring investments Operating a credible MRO ..

Critically analyse the Role of independent candidates in elections of India.

Independent candidates play a noteworthy role in India’s electoral landscape, offering voters an alternative to established political parties. While independents face significant challenges, they have occasionally achieved electoral success and influenced political outcomes. Key points about independents in Indian elections ..

Every now and then, India is facing spontaneous eruptions of farmers agitations in recent times. While throwing light upon various plights of the farmers, suggest policy measures.

Farmers in India have been at the receiving end of the superfluous welfare schemes and misplaced governmental policies which have been largely ineffective to bring an end to their miseries. Primary irritants: The gradual depletion of soil quality due to ..

Fair and speedy trial is as important as conviction of the guilty and acquittal of the innocent. In the light of this statement, discuss the reasons behind the large number of undertrials in India and measures taken to ameliorate the issues faced by them.

Judiciary in India faces issue of huge pendency of cases (about 37%). The increase in under trials in India is due to following reasons: High vacancy in judiciary, especially in lower judiciary. To maintain rule of law and notion of ..

Give an account of the hurdles faced in financing of infrastructure in India. Also mention the steps taken by the government to resolve them.

Indian needs about $1.5 trillion investment in infrastructure to become a $5 trillion economy by 2025. Issues faced in infrastructure financing: Fiscal constraints (FRBM). Unavailability of funds. Huge debt. Banks can’t invest in long term projects. Policy reforms still stagnant. ..

The poor state of public hospitals in India suggests that the answer to healthcare problems of the country lies in private sector. Discuss critically.

As per Economic survey at the time of independence, public expenditure on health was an unusually low, 0.22 % of GDP and it has not increased much since then. Presently it is little over 1 % which is well below ..

India has taken up the presidency of G20 for 2022-23. What are the opportunities presented by the presidency for India’s leadership in climate action?

India will hold the G20 Presidency from 1 December 2022 to 30 November 2023. Each year, the Presidency invites guest countries, which take part in the G20 exercise. Several international and regional organizations also participate, granting the forum an even ..

Article 22, despite being a fundamental right, has some parts which pose as ‘fundamental dangers’. Examine the above statement in the light of debate surrounding preventive detention laws in India.

The article 22 of the Indian constitution contains certain laws for detention and arrest. Article 22 ensures: Any arrested person be presented before a magistrate within 24 hours. A person alleged of offence be given reason of his arrest except ..

Trace the evolution of Budget in India since East India Company rule.

Model Answer: A rough budget of East India Company was prepared in 1790.After the end of East India’s Company’s rule, India’s first budget was presented on February 18, 1860 by James Wilson, a Finance Member of the India Council. The ..