The Indian railway is the lifeline of country and the most important means of mass transportation. However, it has been facing shortage of funds for modernization and development,...
Open sky policy refers to an agreement between two countries to allow any number of airlines to fly from either of them without any restriction on number of...
Classification of Indian ports into major and minor is on the basis of administrative significance. The ports administered by Union Shipping Ministry are called major ports whereas; those...
Major reasons that led to deterioration of the financial health of railways are: second class treatment to freight trains, which resulted in delay in transportation of goods and...
Urban Cooperative banks in India operate in urban and semi-urban areas deepening the financial inclusion and improving the formalization of Indian economy through facilitation of credit. Regulatory issues...
Currently, FDI up to 100% is allowed in 17 segments of Indian railways such as Railways electrification, Signaling systems, Freight terminals etc but, FDI continues to remain prohibited...
India has been facing many issues in budgetary resource allocation, budget preparation and implementation. Multi-year budgeting is one of the areas being discussed as a solution. Pros of...
Model Answer: The budget document is the most important policy document, which contains both revenue and expenditure plans of government. The key functions of a government budget are...
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...
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:...
