Page-6 of GS-III: Economy & Economic Development

How is India boosting its electronics manufacturing sector?

There has been an increased focus on the electronics manufacturing sector in India in the past few years. The size of the electronics manufacturing sector has more than doubled after 2015-16. How India boosting its electronics manufacturing sector: Target to ..

What are the advantages and challenges associated with the introduction of Sovereign Green Bonds?

Recently, the Union Minister for Finance & Corporate Affairs has approved the final Sovereign Green Bonds Framework of India. Sovereign Green Bonds will be issued for mobilizing resources for green projects. Advantages: The Framework follows in the footsteps of India’s ..

"In effect, the Industrial Policy Resolution of 1948 was a document of compromise between India's political and economic elite."To what extent you agree with this view? Discuss critically.

Hint: Industrial policy 1948 asked state to invest only in sectors which were totally unoccupied or occupied inadequately by private sector. Thus, Industrial policy 1948 gave space to both private as well as public sector and at the same time. ..

The Ultra Mega Power Projects were envisioned under the "Power for all"vision in 11th five year plan. However, so far only two UMPPs are producing power. Critically examine the issues that derailed this government initiative.

Ultra Mega Power Project (UMPP) is a series of ambitious power stations planned by the Government of India, each with capacity of 4000MW or above, with an aim Power for all in the country. Major constraints The power plants are thermal based ..

Why the Industrial Policy of 1948 is called "socialization of vacuum"? Justify the place given by it to private sector in the light of contemporary economic conditions.

Hint: Socialist economy is an economy where major industries are controlled by State or government but, Industrial policy 1948  emphasized the government investment in sectors which were totally unoccupied or inadequately occupied by private sector.  Public ownership of few industries ..

Examine the importance of National Electric Mobility Mission Plan (NEMMP) 2020 towards achieving sustainable mobility and National Fuel Security.

Hint: As transportation sector accounts for second largest emissions of carbon dioxide globally, governments, climate change activists proposed for “National Electric Mobility Mission Plan”, which aims to achieve national fuel security by promoting hybrid and electric vehicles in the country. ..

Which sectors are reserved for MSME industries today? Discuss in the light of recent government policy.

Reservation and de-reservation of the products for particular sector is done under the Industries (Development& Regulation) Act, 1951.Furthermore, the government kept abolishing the reservation of all items and as of today not a single item is reserved for small industries. ..

Throw some light on the positive and negative impacts of globalization on developing countries like India.

Globalisation refers to the process of closer integration of countries across the world and free flow of goods, information and people such that it presents inter-connectedness, with events in one part affecting other parts and vice versa. It is incredibly ..