Page-38 of GS-III: Economy & Economic Development
Describe the nature of the current ‘economic slowdown’ that India is experiencing and how it’s different from the previous economic slowdowns that India has experienced.
Economic slowdowns aren’t something that India has only started experiencing since 2014. Since India gained its freedom from the British, the country has experienced numerous episodes of ‘economic slowdowns’ from 1961-62 to war-induced 1965-66 and 1971-72 to 1972-73 to the ..
RCEP is opposed vehemently from the dairy sector. What are the concerns of the dairy industry against the RCEP deal?
India is the largest producer of Milk. Milk provides for an alternative income for farmers. Milk also provides the animal protein/fat requirements of a significant portion of the population that is vegetarian. India and Trade in Dairy Products Till the ..
‘In the context of neo-liberal paradigm of development planning, multi-level planning is expected to make operations cost effective and remove many implementation blockages.’-Discuss.
Post LPG reforms there was a drastic shift in the planning of the developmental process. The government which was in the driver seat took a stepped backward and donned the role of enabler. This shift to the neo-liberal paradigm made ..
Explain the approach Randomised Control Trial which was the tool used by the Nobel laureates in their study of poor Economics.
The Randomised Control Trial (RCT) which was inspired by the use of RCTs in medical science was used by the Nobel laureates to test the effect of small interventions on individual behaviour. How does this approach work? The approach examines the ..
Suggest ways and measures to double farmer’s income by 2022.
Doubling of Farmers Income by 2022 is one of the key targets for India. To accomplish this agriculture output must grow at 10.4% annually. But the current agriculture output growth rate is around 3 per cent annually. At this pace, ..
Indian Financial Sector is facing contagion Risk. Discuss the findings based on the report of S&P Global Ratings
The S&P Global Ratings in its report ‘Indian Financial Sector Braces for Fat Contagion Tail Risk’ has stated that a bank failure could disrupt the inter-bank market, payments, hurt credit availability and adversely affect economic growth. Risks with Indian Financial ..
While India is expected to sustain its growth trajectory it is facing number of developmental challenges. Discuss in the light of the World Bank report.
Ahead of the annual meeting between the World Bank and the International Monetary Fund, the World Bank has made the following observations on the growth trajectory of India: India has halved its poverty rate since the 1990s and has achieved ..
Examine the causes behind the rate cut proposed by the monetary policy committee headed by the RBI governor.
The Monetary Policy Committee (MPC) has again cut the repo rate by 0.25 percentage points. It was the fifth time since February 2019. The MPC retained the accommodative policy stance and signalled a strong resolve to support the revival of ..