Page-50 of GS-III: Economy & Economic Development

How different is DBT in fertilizers when compared to other DBT schemes of government? What are the challenges of DBT in fertilizers?

The fertilizer subsidy would be given directly to the manufacturer after capturing the Aadhaar number of the farmer through a point-of-sale (PoS) machine on the purchase of fertilizer. An authenticated receipt from the PoS will provide the details of the purchase ..

What are the recent trends in the income tax collection?

The Central Board For Direct Taxes (CBDT), the policy making body for the income tax department, has released data which reveal the trends in the direct taxes in the country. Highlights of CBDT data on tax mobilization The number of ..

What is Zero Defect – Zero Effect (ZED) scheme? How it can boost India's MSME sector?

Zero defect and zero affect (ZED) aims to achieve a twin goal of production of high quality products with clean technology. ZED Scheme aims to rate and handhold all MSMEs to deliver top quality products using clean technology. It will ..

What are the objectives of the Prime Minister's Employment Generation Programme (PMEGP)?

Prime Minister’s Employment Generation Programme (PMEGP) is a credit-linked subsidy programme aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth. Government introduced the new scheme by merging the two ..

Why the import dependency for oil makes the Indian energy needs vulnerable? How does it make strong case to diversify the energy market?

India is one of the fastest growing economies of the world. The energy sector is the key driver for the emerging economy of India. The energy sector in India is oil driven. The import dependency of India for oil makes ..

What can be the reasons for widening fiscal deficit of a country? While throwing light upon reasons of recent "fiscal slippage", discuss its possible consequences on economy.

Fiscal deficit is defined as the gap between the government’s revenue receipts and it’s expenditure. Fiscal deficit to some extent is tolerable. The Fiscal discipline rules are given by N.K.Singh committee which recommended a fiscal deficit of 3% for the ..

Every year, India witnesses large amount of wastage of fruits, vegetables and grains due to lack of effective food supply chain management. Discuss while suggesting measures to address this challenge.

Food supply chain management refers to an efficient management of the food items with reduced wastage and enhanced efficiency from producer to the consumer. Importance of transport for fruits, vegetable and grains emanates from their being perishable in nature and ..

How can artificial intelligence aid the agricultural sector?

Artificial intelligence (AI) refers to use of machines for tasks which otherwise require human interventions. Indian agriculture is haunted by limitations posed by inconsistent factors such as climate change, population growth, and food security concerns. Addressing of these challenges requires ..

What are the major macroeconomic challenges before the Indian economy today?

India is one of the fastest growing economies of the world and it is also facing myriad of complex challenges. These challenges if not addressed through policy initiatives it may trigger a crisis denting the credibility of India. Challenges before ..

What are the challenges before India in achieving its target of 100 GW from solar energy by 2022?

India has committed to increase the production of electricity from solar energy to 100 GW by 2022 under the Paris climate deal. It is highly ambitious target.  Significant works have been done to add the solar power capacity. The inauguration ..