Model Answer: The current indirect tax regime suffers from significant cascading which leads to higher cost of goods and services consumed in the country. State taxes and central...
The Andhra Pradesh government has adopted land pooling strategy to collect the land as an alternative to land acquisition. Under the land pooling concept, small parcels of land...
The Public Distribution System (PDS) is world’s largest Food Security program, catering to over 75% of rural population and 50% of the urban population in India. Objectives –...
The economic policies have been product of their times and new industrial policy 1991 was no different. Pre-1991 policies: Post independence state – Concerns of food insecurity. Absence...
Central sector scheme of formalisation of farmer producer organisations (FPOs) aims to set up 10,000 FPOs by the end of year 2022. Farmer Producer Organisations: They are organised...
Model Answer: India’s federal system, allows both states and center to levy taxes separately over goods and services, which causes problem of “taxation over taxes” or “cascading-effect”. The...
Labour laws in India have been stringent from years. India’s labour laws are restrictive in nature and hurt investments in the manufacturing sector by industrialists. No doubt, Indian...
Agricultural marketing system is key pillar in achieving the dual goal of food security and income security for producer. Includes sum total of operations undertaken in making available...
Hint: The GST is unlikely to benefit the unorganized sector because it would not get any tax credit for purchases that it makes from organized sector. Further, if...
MFIs traditional market was the ‘unbanked’ rural India. However, there has been a shift from rural India to urban India. 67% of the MFI customers live in urban...
