Explain the difference between direct and indirect farm subsidies and also mention their merits and demerits.

The farm subsidies cost approximately 2.5-3.0% of our GDP and account for over 1/5th of total farm income. Direct and indirect subsidies: Direct farm subsidies include support/ subsidy transferred directly into farmer’s hands. Whereas, indirect farm subsidies are inherent in ..

Differentiate between Induced and Autonomous Investments. Why governments try to boost the autonomous investment?

Model Answer: Induced investment is that investment which is governed by income and amount of profit in return i.e. higher profit may lead to higher investment and vice versa. Autonomous investment is that investment which is independent of the level ..

The skill India mission of the government of India faces a 3E challenge, Education, Employment & Employability. Discuss and suggest measures to overcome these challenges.

Indian population has the advantage of being one of the youngest in the world. The focus on skilling the young Indian population began with a structural policy change with the Skill India mission in 2016. 3E challenge: Education: With an ..

The livestock sector can play a very significant role in achieving the aim of doubling farmers’ income and bringing people out of poverty by augmenting their income. Discuss, and also suggest some measures for sustainable growth of the livestock sector.

Indian agricultural sector is marked by mixed-agriculture, i.e farm and non-farm products like cattle farming, poultry, etc. India has one of the largest livestock populations in the world, according to a recent livestock census. The livestock sector is essential for ..

Foreign capital is very important for a developing country like India, however there are various concerns associated with it. Discuss.

Foreign Capital refers to sources of capital and investment, which have their origin outside India. Various sources of foreign capital: Foreign direct investment. Foreign institutional investment. Loans and grants from multilateral institutions. Foreign bank deposits in the Indian financial system. ..

In order to make India a manufacturing hub, there is a need to focus on the core areas which are crucial for promoting exports. Discuss in the backdrop of Atmanirbhar Bharat Abhiyan.

After the covid-19 lockdown, Atmanirbhar Bharat Abhiyan was launched by the Prime Minister to make India into a self-reliant superpower. The goal to create 10 crore manufacturing job and 25% of GDP by manufacturing is been given off fillip. Way ..

Despite its importance, agricultural marketing faces various institutional and infrastructural-related issues in India. Elaborate. Also, discuss the measures that have been taken in this context.

Agricultural marketing is a subject under the state list and is regulated by state acts on Agriculture Produce Market Committees (APMCs). These are designated as 1st place of sale for farm produce. Issues faced by APMCs: Infrastructural Issues: Lack of ..

Despite having the potential to become a maritime power house, India cannot utilize its full potential until it integrates the dispersed logistic activities of maritime trade. Comment.

Maritime trade accounts for approximately 90% of India’s trade by volume and 60% of India’s trade by value. Dispersed nature of maritime Logistic is a hindrance to efficient Logistics. Dispersed nature of maritime trade Logistics: High number of clearances and ..