Page-16 of GS-III: Economy & Economic Development
"Economic growth means more output … Development goes beyond this …".In the light of your answer, comment on the performance of the Indian economy since Independence.
Economic growth refers the long term increase in real national output or real national income. Growth can be measured by an increase in a country’s GDP (gross domestic product). Economic development is broader in nature. It not only includes the quantitative ..
India has significantly improved its position as one of the leading countries in the field of renewable energy. However, the contribution of coal-based power generation is not expected to go down substantially in the next few decades. Comment on the statement in the light of increasing demand for power in India.
India has diversified its energy basket with increased focus on renewable energy. However, coal-based power generation is still the mainstay of the power sector in India. Reasons for prevalence: Increased power demand. High demand for power from the industrial sector. ..
Highlight the key components of SWAMITVA scheme and its intended benefits. Also, discuss the potential issues in its implementation.
Land records and their digitization is the key to India’s development in various sectors and hence have been emphasized upon by the government. SWAMITVA scheme of government tries to digitize all the land records of India to help in its ..
What do you understand by the so called 5/20 rule prevalent in Civil Aviation Sector in India. Discuss the dissenting views on this rule and current government stand in this context.
5/20 Rule states that before an airline is allowed to fly abroad, it must be at least 5-year-old and must have at least 20 aircraft in its fleet. The rule does not act good to domestic players. It is costly ..
Critically compare the Direct and Indirect Taxes.
Model Answer: Firstly, Direct taxes being progressive in nature results in more equitable distribution of income and wealth, though it might not be always true. Secondly, direct taxes are narrow based so their collection is easier; but indirect taxes are ..
Critically discuss the key recommendations of Bibek Debroy Committee with reference to Indian Railways.
Bibek Debroy Committee 2015 established by NDA government suggested Mobilization of Resources for Major Railway Projects and Restructuring of Railway Ministry and Railway Board. The key recommendations of this committee are as follows: Transition to commercial accounting: The committee recommended ..
"The need is for The Railways have to become lean and mean, competitive and efficient so that it can compete with the airlines for one segment of passengers, and with road transport for the movement of goods."Discuss in the light of various issues around restructuring the Railway Board.
No doubt, condition for Indian railways over the past few decades has deteriorated in terms of service quality, safety and financial performance and it needs intense improvement in its structural and operational sector to transform railways into a rich media ..
Public private partnership (PPP) is needed to transform Indian railways; but the transition to PPP model needs to be managed carefully. Analyze.
Indian railways have been seeing PPP involvement in various forms like 150 passenger trains, Tejas, food deliver services, etc. PPP in Indian railways should be encouraged because: It pushes the operational efficiency up (current operating ratio of Indian railways is ..