MPPSC MAINS 2017 Paper-III

Points to Remember: India’s growth trajectory Impact of global factors Domestic policy influences Challenges and opportunities Future outlook Introduction: The Indian economy, the world’s fifth-largest, has witnessed a dynamic evolution in recent years. While experiencing periods of robust growth, it has also faced significant challenges. Understanding these trends requires analyzing various macroeconomic indicators, government policies, … Read more

Points to Remember: Definition of Faster Inclusive Growth (FIG). Strategies employed under the 12th Five-Year Plan to achieve FIG. Impact of FIG on unemployment reduction during the 12th Five-Year Plan (2012-2017). Limitations and challenges faced in achieving FIG and unemployment reduction. Policy recommendations for future inclusive growth strategies. Introduction: Faster Inclusive Growth (FIG) is a … Read more

Points to Remember: MGNREGA’s objectives: employment guarantee, rural development, poverty alleviation. Key features: demand-driven, decentralized implementation, wage payment. Success indicators: employment generation, wage levels, impact on poverty. Challenges: corruption, implementation gaps, financial constraints. Introduction: The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), enacted in 2005, is a flagship program of the Indian government aimed … Read more

Points to Remember: Objectives of social sector subsidies: poverty reduction, improved health and education, social inclusion, and economic empowerment. Barriers: leakages, inefficiency, lack of targeting, corruption, administrative hurdles, and lack of coordination. Introduction: Social sector subsidies are government interventions aimed at providing financial assistance to specific segments of the population to improve their well-being and … Read more

Points to Remember: Definition and types of migration. Factors driving migration in Madhya Pradesh. Impacts of migration in Madhya Pradesh (economic, social, environmental). Government policies and initiatives related to migration in Madhya Pradesh. Challenges and future prospects. Introduction: Migration, the movement of people from one place to another, is a fundamental aspect of human history … Read more

Points to Remember: Types of unemployment in urban and rural India (e.g., open, disguised, seasonal, frictional). Causes of unemployment in urban and rural areas (e.g., lack of skills, technological advancements, population growth). Government initiatives to reduce unemployment (e.g., MNREGA, skill development programs, startup initiatives). Effectiveness and challenges of government programs. Introduction: Unemployment is a significant … Read more

Points to Remember: Liberalization’s impact on Indian agriculture is multifaceted, encompassing both positive and negative consequences. Increased market access and technological advancements are key positive aspects. Issues like farmer distress, increased input costs, and environmental concerns represent the negative side. Policy interventions are crucial to mitigate negative impacts and ensure sustainable agricultural development. Introduction: Economic … Read more

Points to Remember: Public finance’s impact on Madhya Pradesh’s infrastructure development. The role of public finance in social sector development (health, education). Public finance’s influence on agricultural growth and rural development. Fiscal sustainability and debt management in Madhya Pradesh. Challenges and opportunities in public finance management in MP. Introduction: Public finance plays a crucial role … Read more

Points to Remember: TRIMS aims to prevent discriminatory trade practices. It focuses on investment measures that affect trade. TRIMS seeks to ensure fair competition and market access. It allows for exceptions under certain conditions. Introduction: The Agreement on Trade-Related Investment Measures (TRIMS), a crucial component of the World Trade Organization (WTO) agreements, aims to regulate … Read more

Points to Remember: Economic liberalization’s effects on various sectors (agriculture, industry, services). Social consequences, including poverty reduction and inequality. Political implications and institutional changes. Environmental impact and sustainability concerns. Long-term sustainability and challenges. Introduction: India’s economic liberalization, initiated in 1991, marked a significant shift from a centrally planned economy to a more market-oriented system. Triggered … Read more