Page-27 of GS-III: Economy & Economic Development
Highlight the importance of the Gati Shakti Mission in addressing the issues of infrastructure bottlenecks and streamlining the governance processes.
Gati Shakti Mission or National Master Plan for multi-modal connectivity, is the ambitious mission of the government of India, with the aim of integrated planning and execution of infrastructure projects to bring down logistics costs. It will subsume the National ..
Explain the significance of credit rating agencies in India and highlight the issues in their working.
Credit rating Agencies are corporate bodies registered under SEBI Act 1992. They work to provide ratings to corporate bonds, debentures, shares, etc. Credit rating is an assessment of the credit worthiness of a borrower, who can be an individual, corporation, ..
Hydrogen-based energy production can play a key role in a clean, secure, and affordable energy future. In this context, identify the potential and opportunities for utilizing hydrogen-based technologies. What are the challenges that need to be addressed to fulfill the potential?
Hydrogen-based energy production makes use of hydrogen fuel cells by electrochemical reactions to generate heat & energy. Potential and opportunities for utilizing Hydrogen energy: Source of clean energy – Hydrogen emits no greenhouse gases, unlike other fuels like coal and ..
How land banks can encourage land use efficiency and create economic growth? Discuss in light of increasing prominence of land banks in India. Also, examine the concerns associated with it.
Land banks refer to ready-to-use land parcels with pre-clearances & regulatory approvals. DIPAM (Department of Investment and Public Asset Management) recently finalized proposals for a land bank company to streamline land bank use. Benefits of Land Banks: Better land use ..
There is an increasing demand for global minimum tax, across the world. Discuss the significance, prospects, and challenges for India.
Recently, the Organisation for Economic Cooperation and Development (OECD) announced that 136 countries (including India) have agreed to the Global Minimum Tax (GMT), which is to be paid by big MNCs, regardless of their location. The rate of GMT is ..
India’s policy of price intervention in the agricultural sector has done more harm than benefit. It has created a skewed agricultural market and complicated matters related to international trade rules. Critically discuss.
The agricultural sector provides employment to nearly 45% population and is crucial to India’s food security. Thus, numerous price interventions exist to support the sector: Direct Benefit Transfer to farmers, e.g. PM-Kisan. Guaranteed crop procurement at pre-decided prices, e.g. MSP, ..
Power Discoms are plagued by several problems and privatization is often regarded as a solution to the existing problems. Critically examine.
Electricity is the engine of our economic growth. Basically there are three types of companies associated with electricity infrastructure. Gencos – Power generation companies. E.g. NTPC, NHPC, Reliance power, etc. Transcos – Responsible for transmission of power from generation point ..
A barrier-free trade of the agriculture produce is essential in doubling farmer’s incomes. The farm laws that are taken back were a right step to tackle the bottlenecks. Critically analyze.
While India has 18 percent of the world’s population, it has only 2.4 % of world’s area, only a fraction of which is available for agriculture. Thus, there is excess crowding in agriculture which contributes to 18% of GDP and ..