Page-40 of GS-III: Economy & Economic Development

As traditional models of capitalism fail to deliver on the needs of the society, discuss whether an alternative model of capitalism can rectify the current situation.

In this new era where Humanity is facing problems as diverse as rising income inequality to severe environmental degradation, we need to ask ourselves whether the current economic system is sufficient to deal with these challenges?  The trillion-dollar question is ..

The Proposal of the government to give fillip to Zero Budget Natural Farming is criticized as a hurried move. What are the concerns of the scientific community against Zero Budget Natural Farming?

Union finance minister Nirmala Sitharaman in her maiden budget speech announced a proposal to address widespread farmers distress through zero budget technique that would take India’s agriculture sector ‘back to basics’. Zero Budget Natural Farming Zero Budget Natural Farming (ZBNF) ..

Abhijit Banerjee, Esther Duflo and Michael Kremer have been awarded the Nobel Prize for Economics. Discuss how their study has transformed development economics.

The 2019 Nobel Prize for economics was jointly awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for their experimental approach to alleviating global poverty. How their study transformed Developmental Economics? The research of the Nobel Laureates has considerably improved the ..

The rate cut by the RBI is not resulting in commensurate interest cut by Banks. Discuss why.

The Reserve Bank of India (RBI) has cut its lending rate to the banks by 135 basis points (or 1.35 percentage points) in the span of nine months. But there has been no commensurate rate cut by banks. Why there ..

Discuss the trends in share of younger population in MNREGA workers.

The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) guarantees the ‘right to work’. The act aims to enhance livelihood security in rural areas by providing at least 100 days of wage employment in a financial year to every household whose adult ..

What are the finding about India in the Ease of Doing Business Report 2019?

The World Bank has released this year’s Ease of Doing Business report. The report measured the performance of countries across 10 different dimensions in the 12-month period ending May 1, 2019. Indicators of Ease of Doing Business The ten indicators ..

Enumerate the indirect taxes which have been subsumed in the Goods and Services Tax (GST) in India. Also, comment on revenue implications of the GST introduced in India since July 2017.

The GST was a big bang reform which sought to integrate numerous taxes and reduce the number of agencies. Taxes subsumed in GST Central Taxes Central Excise duty (CENVAT) Service Tax Additional Excise Duties Excise duty (Medicinal & Toiletries Preparation ..

How Maha Agri Tech project aims to mitigate risks in farming?

The Maha Agri Tech project is the best example of using technology to address various cultivation risks ranging from poor rains to pest attacks, accurately predict crop-wise and area-wise yield and eventually to use this data to inform policy decisions ..