Page-35 of GS-III: Economy & Economic Development
There are several issues that are plaguing the crop procurement process in India. Discuss the measures to strengthen crop procurement in India.
Under provisions of the National Food Security Act and Public Distribution System, the government of India procures most of the agricultural produce in the country at various support prices like MSP. Issues plaguing crop procurement: Support price-related issues – The ..
There is an utmost need for an appropriate institutional design, incentives and market infrastructure to integrate digital technologies with agri-value chains. Comment.
It is important to discuss why Agri-tech start-ups have received considerable attention of the technology developers, investors and agribusiness firms. As per Nasscom, they witnessed a growth rate of 25% and have received a $248 million funding in a six-month ..
MUDRA NPA Issues
The Pradhan Mantri Mudra Yojana (PMMY) launched in 2015 with the aim to ease credit flow to non-corporate, non-farm small/ micro enterprises by providing small sized loans (unto 10 lac) at various stages of business. It works by directly providing ..
The government has recently made amendments to the Insolvency and Bankruptcy Code (IBC). Discuss the key changes being made and what will be the affects ?
The Cabinet has approved changes to the Insolvency and Bankruptcy Code (IBC) for the resolution of defaulting entities. Key changes – Protection of resolution applicants from criminal proceedings against offences committed by previous managements or promoters. It is likely to ..
MDR charges and UPI
The way the Government has pushed the adoption of digital payments has been remarkable. It started with bearing a large part of the cost of Merchant discount rate (MDR charges) which was absorbed by the PSU oil companies while simultaneously ..
National Data Repository: Concept, Content and Uses
India has joined the rank of elite nations like the UK and Norway as the Union Government unveiled the establishment of a National Data Repository for the upstream sector. It was announced by Union Petroleum Minister Dharmendra Pradhan during his ..
The government needs a fine balance between rationalising income tax rates and maintaining revenue collection. Comment.
The Finance Minister has recently spoken about the government considering lowering and rationalising of personal income tax (I-T) rates. This announcement was made among other measures to boost economic growth. The Budget 2020-21 will see changes to the personal income ..
Tackling recent economic slowdown
The Indian economy has been in a grip of worrying slowdown. The problems affecting the country include global economic uncertainties, specific structural reforms, lack of investment and emphasis on human capital. Fixing the economy The Government needs to allow the ..