Page-49 of GS-III: Economy & Economic Development
In most of the five year plan, India missed the growth targets in agriculture. Analyze the key reasons for the low agricultural growth in the country.
Agriculture in India has been practiced since the time of the Indus Valley Civilization. The rank of India is second in terms of the total farm output. About 50% of India’s population is associated with the agricultural sector that contributes ..
From 1990s onwards, the share of farm exports in India's total exports has gone down gradually. Analyze the reasons for the same
Prior to liberalization era, share of farm exports was around 20% but post 1990, the share has experienced a steep fall to 11% in 2012 owing to the outperformance of service and manufacturing sector. With the unveiling of LPG reforms, ..
Economic survey of 2018 brings out a severe crisis in India due to investment slowdown. How this affects Indian Economy? Analyze.
Economic survey of 2018 brings out a severe crisis in India due to investment slowdown. This affects the economy very badly through a vicious cycle of reduced investments leading to Slow pace of Job creation. Increasing unemployment. Reduced demand in ..
Can interlinking of rivers can help in crop diversification? How?
Indian agriculture is referred as gamble with monsoons. As a result cropping pattern in the country is largely driven by the monsoonal patterns. River interlinking can provide a way out of the rain driven agricultural pattern by aiding crop diversification ..
India has committed to double the farmers income by 2022. What lessons can India take from china which has undertaken a similar initiative?
China started a similar initiative of doubling farmer’s income in 2008 and had planned to meet the target by 2020. China’s strategy to meet the target incorporated Creating new avenues for income through agriculture and allied activities. Shifting of the ..
What are the various steps taken by RBI to address the crisis haunting the NBFC sector so far?
NBFCs or Non Banking Financial Companies are those companies which provide banking services without meeting the legal definition of a bank. The NBFCs do the business of loans and advances, acquisition of shares, stock, bonds, debentures, securities issued by Government. ..
Why India needs a mature standard ecosystem? Discuss the objectives of the draft Indian national strategy for standardization.
India needs a robust standard ecosystem because: The rapid growth of the Indian economy make it essential to establish a robust Quality Infrastructure in India with a harmonized, dynamic, and mature standards ecosystem. Standards have been widely recognized as catalysts ..
Giving suitable examples, critically discuss why a thriving food processing industry has potential to address the unemployment crisis in India.
Food processing Industry transforms the agricultural produce into intermediary or ready to use products. Food processing industry is the sunrise industry having immense potential to address the unemployment crisis haunting the country because: India’s favorable location has made it possible ..
What are the champion service sectors identified by the union commerce ministry? What is the significance of the move?
The Union Cabinet has approved the proposal of the Department of Commerce to give focused attention to 12 identified Champion Services Sectors for promoting their development and realizing their potential. The 12 identified Champion Services Sectors Information Technology & Information ..
What are the features of the recent move by the finance ministries road map to rationalize PSU banks' foreign operations?
The episode of Nirav Modi has brought out various lapses in banking system especially while giving loans to group firms against letters of undertaking (LoUs). For streamlining the operations of state-run banks the finance ministry has released a road map for ..