What is the objective of the corporatization of the Ports? Do you think, corporatization of the ports will be a game changer in Port development in India?

Large numbers of ports in India are under Major Port Trust (MPT) Act, 1963 and offer operational restrictions and administrative controls for government. So, the ports are needed to be corporatized for better development and will also help in Functional ..

Differentiate between Zero Based Budgeting and Incremental Budgeting. Why they are not adopted now? Examine.

Model Answer: Zero-based budgeting is a method of budgeting in which all expenses for each new period are considered and justified and no reference is made or considered of previous years. Incremental budgeting is a way of budgeting where the ..

The labour intensive industries in India have been showing sluggish growth presently. Highlight the factors responsible for this and give some remedial measures.

India has been experiencing a decline in growth led by consumption decline, lower exports, policy reforms, uncertainty at global level and many other factors. This has also been seen in labour intensive Industries like textile, leather, and others. Reasons behind ..

Highlight the reasons behind declining private investment in India in past few years. Suggest some steps to revive it.

Private investment in India has declined to about 29 % which is a cause of worry. Decrease in private investments has direct effect on GDP. Reasons behind private investment decline: Policy uncertainty fuelled by the reforms whose implementation is questioned ..

Keeping in mind the role played by the states’ finances in affecting the macro-economic stability in India; highlight the issues with States’ fiscal management in India.

The FRBM act has mandated target for fiscal deficit for centre as well as states. Fiscal Deficit is the difference between total revenue and total expenditure of the government. Fiscal deficit = Total budget expenditure – Total budget receipts excluding ..

Critically discuss the introduction of private investment in Indian Railways taking examples of the experience of the western countries?

Investment in railways under various arenas like wagon procurement and leasing, freight trains and container operations, terminals and warehousing facilities etc are high capital investments and due to instability of governments in India this sector has remained far away from ..

"There are many similarities between the current day tax system and the Kautilya's system of Tax administration". Explain.

Model Answer: Kautilya’s tax administration was based on Kosha Moolo Danda, which means “revenue is the backbone of administration”,. This phrase has been used in the logo of Income Tax Department of India in Devanagari script. This implies that a ..

It has been argued by some that increased penetration of technology and industrialization has led to increase in inequality in India, however the reasons for the same lie somewhere else. Critically analyze.

India has been lagging in various inequality indices (like Gender Inequality Index, Inequality Adjusted Human Development Index, increasing GINI’s coefficient) and failing to provide growth for all. Some argue this as a consequence of technology and industrialization. Their argument is: ..

Highlighting the need for India to participate in Global Value Chains (GVCs), mention the associated concerns. Also suggest remedial measures.

Global value chains have helped the growth of East Asian economies (e.g. Japan, China, and South Korea) and are a path to prosperity for India too to leverage its demographic dividend. Significance of GVCs for India: Increase India’s integration with ..

The use of Natural gas as an important primary energy source is rising and expected to increase further. Identify the various uses of natural gas and give a brief account of its distribution globally.

The natural gas is a clean fossil fuel and forms important constituent of India’s energy basket. Uses of natural gas: As fuel for power generation. As fuel for industries, such as fertilizers, plastics, etc. Usage in households as LNG in ..