Economy

In order to acknowledge and contain the ever-growing problem of groundwater depletion, the Indian Government introduced the Atal Bhujal Yojana (ABY) in December 2019 after getting financial approval by the World Bank in 2018. It has been launched under Jal Jeevan Mission of the government. Atal Bhujal scheme is related to groundwater usage and conservation … Read more DMPQ- Atal Bhujal Yojana.

Growth is inclusive when: It takes place in the sectors in which the poor work (e.g. agriculture); Occurs in places where the poor live (e.g. undeveloped areas with few resources); Uses the factors of production that the poor possess (e.g. unskilled labour); Reduces the prices of consumption items that the poor consume (e.g. food, fuel … Read more DMPQ- What do you mean by Inclusive growth? What are the salient features of Inclusive Growth?

  Tax avoidance Tax evasion Legal way of saving taxes. Illegal in a financial system Recording of income Not recording of income. Help in saving, at the same time money can be channelized for economic growth Help in saving, but since money is not accounted. Money cannot be channelized for economic growth.   Positive extrenalities … Read more DMPQ: What is the difference between Tax evasion and Tax avoidance? What are the methods of Tax evasion?

NITI Aayog has created the India Knowledge Hub (IKH), a dynamic web portal, functioning as a repository to store and disseminate best practices from across the country. Reflecting the spirit of cooperative federalism, the NITI Aayog launched the India Knowledge Hub so that districts, States, Central ministries and other government institutions can exchange knowledge on … Read more DMPQ- INDIAN KNOWLEDGE HUB

Ans: Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold. The excess realisation is treated as income and taxed accordingly. The tax was introduced … Read more DMPQ: . What is Angel Tax? What are the concerns attached with the Angel Tax?

  Foreign Direct Investment Foreign Portfolio Investment FDI is an investment made by a company or individual in the business of another country in the form of either establishing a new business or acquiring the existing business. FPI is an investment made by a company or an individual in the stock markets or debt markets … Read more DMPQ: What is the difference between FDI and FII. ( Economy)

The Mega Food ParksScheme aims to provide a mechanism to bring together farmers, processors and retailers and link agriculture production to the market so as to ensure maximization of value addition, minimization of wastages and improving farmers’ income. The primary objective of the Scheme is to provide modern infrastructure facilities for the food processing along … Read more DMPQ: What is Mega food park Scheme?

To ensuring a fair playing field, the Competition Commission of India endeavours to do the following: Make the markets work for the benefit and welfare of consumers. Ensure fair and healthy competition in economic activities in the country for faster andinclusive growth and development of economy. Implement competition policies with an aim to effectuate the … Read more DMPQ-What is the role of competition commission of India in ensuring a fair playing field? (ECONOMICS)

    Positives These sector are labour intensive and generate more labour per unit of capital infused. These sector have the potential for broader social transformation. These sector can also play crucial role in export and hence the overall growth. The creation of employment opportunities in these sector is far more inclusive and it address … Read more DMPQ: Low skill manufacturing is key to Indian success especially the clothing and manufacturing sector. Do you agree with the statement?

A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor’s ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some … Read more DMPQ: In recent years role of credit agencies are under scanner. Comment.