"The operational needs of hydro & thermal stations are complimentary and the balanced mix helps in optimal utilization of the capacity."Explain.

Hydroelectricity in India has the installed capacity of 41000MW, which accounts for 15% of total installed capacity and is second highest after thermal power capacity.  Hydropower is also an economical source of power because it is almost pollution free, since ..

What are Digital Banking Units? Comment on how DBUs are the next big step in India’s digital banking journey.

Recently the Prime Minister of India has dedicated 75 digital banking units (DBU) across 75 districts to the nation. It was announced in the budget of 2022-23. Digital banking units: It is a specialised business unit equipped with digital infrastructure, ..

Base Erosion and Profit Sharing (BEPS) has emerged as one of the most important challenges for the governments across the world today. Critically examine in the light of G20- OECD's BEPS Action Plan and the recently released BEPS Package.

Model Answer: Base Erosion and Profit Shifting (BEPS) refers to those instances where gaps between different tax rules or bilateral treaties leads to tax avoidance causing harm to the government. This is mainly done by help of Transfer pricing, which ..

"The basic issue with GAAR provisions is the trust deficit between the corporate entities and government."Discuss in the light of recent developments.

Model Answer: General Anti-Avoidance Rules (GAAR) are general rules that target any transaction of business arrangement that is done for aggressive tax planning, tax avoidance or tax evasion. The objective of GAAR is to check tax avoidance by giving additional ..

What is Sustainable Development? Explain the features and strategies of sustainable development.

Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Thus; it takes into account both the present and future generations without over exploitation of natural resources ..

State the factors behind emergence of food processing sector as a high-growth and high-profit sector in India.

Food processing is the process of turning food material into food products through mechanical and chemical means. It has a great potential for value addition at every step. High growth in food processing sector is due to: Availability of raw ..

India has witnessed a positive trend of rising numbers of start-ups in recent years. While analyzing the factors responsible for the same, highlight the challenges that remain. Also, suggest some remedial measures.

A Start up is defined as a newly incorporated business entity (less than five years old) which operates in a niche/unique market segment, often with the use of technology. The Ministry of corporate affairs has reported a four-fold increase in ..

For increasing Ease of Doing Business and making India an attractive investment destination, it is imperative to deal with the complexities and high compliance costs associated with existing labour laws at both centre and state level. Discuss. What steps have been taken by the central government to address these challenges?

Labour laws in India are enforced by both central and state governments, which lead to multiplicity of laws and high associated compliance costs. Effects of such complexity: Reduces ease of doing business, difficult to set up compliance mechanisms across the ..