In view of the upcoming introduction of CBDC (Central Bank Digital Currency) by RBI, discuss its concept, advantages and associated challenges.

The Reserve Bank of India has presented a concept paper on various issues related to introduction of CBDC in the country. The RBI is likely to introduce it as a pilot project first to assess its viability before introducing it ..

Discuss the Industrial Policy in India immediately before independence. What role was played by ideals of Indian constitution in framing the Industrial Policy of the newly independent nation? Examine.

After the attainment of independence, the Government of India declared its first Industrial Policy on 6th April 1948.  The Industrial Policy 1948 was presented in the parliament by then Industry Minister Dr. Shyama Prasad Mukherjee. The main historical importance of ..

One of the pillars of the 1956 Industrial Policy was to check concentration of economic power in few individuals, groups or business houses. To what extent this policy was able to achieve this? Examine.

Hint: Industrial licensing policy was laid down under industrial development and regulation act 1951. The act made it mandatory for the central government’s permission for establishing a new industry and extension of old industry. Since establishing of industries required huge ..

Mega food parks could have been a game changer for the food processing sector in India, however they have not been able to achieve their potential so far. Discuss.

Mega food parks are based on hub and spoke model, integrating farms with food processing structures to provide vital linkages. Considered game changer: Better price at farm gates. Investment in cold storage, transportation, warehousing. Better marketing options due to branding, ..

"The licensing policy was a conflict of objectives."Justify while throwing light on gradual reforms done in Industrial Licensing in India.

Hint: The major objectives behind Industrial policy 1956 were to reduce rural-urban divide, imbalance growth and other problems. But, the policy failed in their achievements due to several reasons.  Firstly, failure in extension of industries to rural areas or backward ..

"Coal mines were nationalized because of the shortcomings in the way it was run by private parties."In the light of the above statement, critically discuss the implications of the enabling provisions made in Coal Mines (Special Provisions) Act, 2015 towards commercial mining of coal in India.

The Coal Mines special provision act 2015 allows government to allocate mines on competitive bidding for optimum utilization of coal resources. But, since there is no end use restriction on eligibility to participate in mining auctions, it opens up gap ..

Evaluate the performance of PM KISAN in easing the cash crunch faced by the farming community.

The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), launched in February 2019, is a central sector scheme with 100% funding from the union government. Highlights of the scheme: The central government transfers an amount of Rs.6000 per year in three equal ..

Discuss the structural patterns in the Chemical Industry in India.

The structural pattern of Chemical Industry includes: Basic Organic Chemicals– includes methanol, acetic acid, formaldehyde, etc Speciality Chemicals- high value, low volume chemicals known for their end use applications ex- Paints and coatings, Cosmetic etc. Chlor-Alkali– includes caustic soda, liquid ..