"Reform of the labour law is vital for the revival of manufacturing sector in India, without which the "Make in India"campaign is doomed to fail."Discuss critically.

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 labour force has remained much more disciplined and cooperative in the post-reforms ..

Highlight the issues faced by the agricultural marketing system in India.

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 the produce to final consumer from farm gate. Issues faced: Inefficient marketing ..

Critically examine the potential implications for small sector business and consumers.

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 a business from unorganized sector sells the goods to unorganized sector, it ..

"In comparison to the rural regions, in recent times, there has been an exponential growth in the MFIs in urban areas."Discuss.

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 areas according to a survey. The reason for this exponential growth in ..

The informal sector in India is plagued by several issues. In this context, highlight the measures taken by GOI to tackle these issues.

Highly informal nature of Indian economy (around 90%) is among the biggest challenges for growth and development of the nation. Its characteristics are: Absence of social security benefits Poorly regulated. Largely invisible despite major share in GDP. Related to high ..

Explain the concept destination-based taxation? How the GST proposes to implement the destination-based taxation system and what are the implications of it?

Model Answer: Destination based tax (consumption tax) are levied at places where goods and services are consumed rather than at places were they get manufactured or from where they are supplied. In destination-based taxation, exports are allowed with zero taxes ..

In India various problems inherent in the public distribution system has raised a debate whether do we really need subsidies? Critically discuss the arguments in favour of and against.

Subsidies play an important role in the economy of the country as they ensure equitable utilization of the resources for the people therefore India cannot totally eliminate or phase out subsidies until and unless we have another mechanism to meet ..

What is Shetkari Sanghatana? What role has it played in the Indian Economy? Discuss.

Shetkari Sanghatana, also known as farmers’ Organisation, was founded by Sharad Anantrao Joshi. The organisation was for farmers with aim of ‘freedom of access to markets and technology’ and ‘remunerative agricultural prices’. The movement gathered momentum in 1973, following a ..