Page-41 of GS-III: Economy & Economic Development
Examine the causes of the economic slowdown in India.
The slowdown is attributed to sluggish aggregate demand in the economy leading to a fall in production, investment, employment and income. Causes for Slowdown Employment Elasticity Employment elasticity indicates the percentage of growth in employment for each 1 per cent ..
Do you agree with the view that steady GDP growth and low inflation have left the Indian economy in good shape? Give reasons in support of your arguments.
India was one of the fastest-growing economies in the last few years. There are no disagreements over the fact that the steady GDP growth and low inflation had helped the economy to some extent as highlighted below: Low inflation allowed ..
What is Purchase Managers Index? What are its implications for the economy?
Purchasing Managers� Index (PMI) is an indicator of business activity .It can be both in the�manufacturing and services sectors. It is a�survey-based measure�that asks the respondents about changes in their perception of some key business variables from the month before. ..
What in your opinion has been the role of KVIC in India in terms of job creation in the last 5 years?
PM Modi has brought back Khadi back into vogue. The fabric which was generally seen only in simple shops slipped into the corridors of high-end boutiques. The Khadi Industry of India not only came into prominence because of the latter ..
What do you understand by the two-part tariff in Economics?
Two-part tariff in economics stands for an unconventional pricing technique where a fee is first charged by a business from consumers for its product and then also levies a per unit usage fee. It is generally seen as a system ..
The government will be able to completely cash in on the demographic dividend of the country by generating more employment opportunities for the youth. Comment.
The government has miserably failed on its commitment on employment generation. The latest step as announced by the government to bring down the contribution of the salary of both the industrial workers and employers towards the Employees� State Insurance Scheme ..
"Without modernization of technology, the target of doubling the farmers' income by year 2022 appears to be a pipe dream." Critically examine keeping in reference various technology interventions by the government.
The government of India has set an ambitious target of doubling the income of Indian farmers who have faced a lot of distress in the last few years. An Inter-Ministerial Committee has also been set up to study the issues ..
What is the macroeconomic dilemma faced by the new Indian Government?
There is an evident deterioration in the macroeconomy of the country spiralled by a slowdown in the consumer economy and a widening of the deficit in trade. The facts are reinforced by price signals, the slowdown in vehicle sales and ..