The e-commerce has grown at an exponential rate in fast few years in India, along with that the need for a comprehensive policy on e-commerce has also grown to safeguard India’s interests globally. Discuss.

E-commerce is defined as virtual selling-buying of goods via electronic medium without physical initiation between seller and buyer. Issues and need for e-commerce policy: Smoothen out taxation glitches in the era of GST (states want more control of goods sold ..

Highlight the hurdles faced by agricultural extension services in India. Also, explain how Krishi Vigyan Kendras (KVKs) can help to strengthen National Agricultural Research Extension System.

Agricultural extension is the process of providing informal advice to the farmers so that they can improve their income by changing farming methods, cropping pattern and input usage based on scientific advice. Problems with agricultural extension: Reach – All farmers ..

Distinguish between 'economic development' and 'economic growth'. What are the factors which determine economic development?

Differences between Economic Growth and Economic Development Economic growth is a narrow concept (It studies only increase in real per capita income) while economic development is a broad concept (it studies increase in real per capita income as well as ..

What are the main characteristics of a developing economy? To what extent are they found in Indian Economy?

Hint: The main characteristics of a developing economy are: Low per Capita Income; Slow Growth Rate of Per Capita Income; Economic Inequalities; Low Level of Living; Low Rate of Capital Formation; Backward Techniques of Production; High Growth Rate of Population ..

A well-developed food processing industry will not only help in achieving the food security goal, but will also promote inclusive growth. Discuss. Also, highlight the competitive advantage that India posses in this sector.

Food processing industry provides a significant possibility to achieve the twin goals of inclusive growth and food security. Significance: Enables crop diversification and improved revenue for farmers. Increases shelf life of food items. Prevents wastage and distress selling by farmers. ..

Discuss the efforts towards economic planning in India during the Pre-independence Period.

Model Answer: Idea of planned economy was first crystallized in 1930s when our national leaders came under the influence of socialist philosophy. India’s Five year plans were very much impressed by the rapid strides achieved by the USSR through five ..

The chronic under-investment in Indian Railways has not only impacted its operation but also created hurdles in speedy creation of infrastructure. Examine the challenges and steps taken by the government in this regard.

Indian Railways is a lifeline of the nation. It provides affordable transport to poor passengers and carries 40% of freight traffic. Challenges in infrastructure creation: Lack of budgetary Support – Government is facing fiscal deficit constraints. Railways is thus suffering ..

An overhaul of Agro-R&D is imperative for fulfilling of India’s obligations of doubling farmer’s income. Comment.

The Agriculture sector requires robust R&D to improve livelihoods, by raising yields and quality. Therefore, there is a need for the following measures: Liberalising salary structures and promotion criteria of research institutions like Indian Council for Agricultural Research. Performance based ..

Outline the Direct & Indirect Tax Reforms in India in recent times.

Model Answer: The tax reforms in India began with the Chelliah Committee recommendations and later on, government appointed the Vijay Kelkar Committee in 2002 which further provided direction to the tax reforms in the country. Direct Tax Reforms PAN (Permanent ..

Livestock farming is crucial for increasing farmer’s income. However, it contributes to climate change and is also affected by it. Elaborate the statement and discuss some measures that can be taken to make livestock farming more sustainable as well as climate resilient.

Livestock farming is practiced by 60% of the rural population. It acts as a secondary source of income for farmers. It is one of the major contributors of greenhouse gases like methane, however, it is affected by global climate change ..