Enumerate the issues that have plagued the railway sector in India. Mention the steps taken by government to address these issues.

Indian Railways with second largest Railway network in the world caters to highest passenger and fourth largest freight traffic in the world. Significance: Mass transport. Source of revenue for government. Key to Linking ‘Bharat’ with ‘India’. Concerns: Safety 2019 saw ..

Why the Investment led growth is not considered to be sustainable? Examine citing examples.

Model Answer: Investment-led growth model: The higher capital investment in the form of machinery and infrastructure increases the productive capacity of the economy. The higher the investment; the higher is the profit and further is the investment. The Economic growth ..

Discuss the steps taken by the government to fix the issues faced by the civil aviation sector in India.

India has third largest domestic market in Civil Aviation in the world. Significance: Among the fastest growing sector. Private players leading to cost effectiveness and large consumer base. Key for passenger, freight transport such as Agri produce transport. Constraints: High ..

"It appears that the FRBM act and the rules framed for fiscal discipline was an exercise in futility". Discuss suggesting steps towards fiscal discipline with reference to FRBM Act 2003.

Model Answer: The FRBM Act 2003 envisaged at: Reducing revenue deficit; fiscal deficit; liabilities of the government; prohibiting the Union Government from guaranteeing to loans raised by PSUs and State governments and mandates fiscal consolidation. However, due to lack of ..

Discuss the key elements of fiscal policy of the government.

Model Answer: All the decisions taken by government in terms of taxation, resource mobilization and expenditure comprise the Fiscal Policy. There are four key components of Fiscal Policy are as follows: Taxation Policy The government tries to keep the taxes ..

To what extent the Chapter V-B of the industrial disputes act is responsible for anomalies in the manufacturing sector in India. Discuss.

Chapter VB is the most controversial part of Industrial Disputes Act (1947). It states that an industrial establishment with more than 50 employees needs to give 90 days’ notice, before closing the industry; citing reasons of closure, to the appropriate ..

What do you understand by Strategic petroleum Reserves? Discuss rationale and India's efforts towards building Strategic petroleum Reserves.

Currently, India depends on imports for its crude oil needs. The demand is likely to grown in the future. Any distortions in supply or price fluctuations could cost heavy to India. Since 2003, the Government of India has commissioned the ..

Critically discuss how ‘Barbell Strategy, Safety Nets & Agile Response’ helped the Government of India to deal with extreme uncertainty imposed by Covid-19 Pandemic.

The uncertainty caused on behalf of the Covid-19 pandemic had made it quite challenging for policy makers in last two years to deal with changing scenarios due to mutating virus, travel restrictions, supply-chain disruptions and global inflation. The economic survey ..