Differentiate between the Major Ports and Minor Ports. What are the current issues in the Ports sector development in India? Discuss.

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 managed by other relevant departments are called minor ports. Large numbers of ..

Critically examine the reasons that led to deterioration of the financial health of the Railways, while suggesting a solution framework for the same.

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 services to industries and industries shifting from road to rail transport resulting ..

There are several issue related to regulatory, structural and operational aspects of Urban Cooperative Banks (UCBs) in India, which are in dire need of corrective reforms. Discuss.

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 in UCBs: Regulation is very weak in comparison to commercial banks. Many ..

Elucidate the Government policy on FDI in Indian Railways. To what extent, liberalization in this policy is in favour of the Indian Railways? Discuss keeping view the social impacts.

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 in Railway Operations. To meet the budget deficit of railways in developing ..

Examine the need of multi-year budgeting in the context of India.

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 multi-year budgeting: Long term policy predictability. Reduced populism due to infrequent changes. ..

"Budget serves as a public policy document expressed in money and is an embodiment of implied policy objective in monetary terms."With this reference assess the role played by budget in economy.

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 discussed below: Public Policy Document The budget serves as a public policy ..

Airlines spend some 13–15 percent of their revenues towards Maintenance, Repair and Overhaul (MRO) and presently this revenue goes to countries outside India. What are roadblocks to a vibrant MRO industry in India? Discuss in the light of Draft National Civil Aviation Policy 2015.

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 with high initial as well as recurring investments Operating a credible MRO ..

Highlight the reasons behind an underdeveloped corporate bond market in India. Suggest reforms required in this regard.

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: Lack of investors due to trust deficit. Absence of proper policy promotion. ..