MPPSC MAINS 2019 Paper-III

Points to Remember: The devastating impact of COVID-19 on India’s economy. Disruptions across various sectors (healthcare, agriculture, manufacturing, services). Increased unemployment and poverty. Government’s response and economic relief measures. Long-term economic recovery and structural reforms needed. Introduction: The COVID-19 pandemic dealt a severe blow to the Indian economy, disrupting established trends and exacerbating existing challenges. … Read more

Points to Remember: Different methodologies for calculating poverty lines in India. Criticisms of the current poverty line and its implications. The concept of Universal Basic Income (UBI) and its potential benefits and drawbacks in the Indian context. Alternative approaches to poverty alleviation. Introduction: Poverty, a persistent challenge in India, is measured primarily through the poverty … Read more

Points to Remember: Asset quality deterioration (NPAs) Cybersecurity threats Competition from fintechs Regulatory compliance Financial inclusion challenges Globalization and economic volatility Introduction: The Indian banking system, a crucial pillar of the nation’s economic growth, faces a multitude of challenges in the 21st century. While it has witnessed significant expansion and modernization, several concerns threaten its … Read more

Points to Remember: National Income Accounting: GDP, GNP, NNP, NDP, Personal Income, Disposable Income, etc. Their differences and interrelationships. Green Accounting: Definition, scope, limitations, and its importance in sustainable development. Methods of incorporating environmental costs. Introduction: National Income Accounting is a system of measuring the overall economic performance of a nation. It provides a quantitative … Read more

Points to Remember: Economic growth focuses on quantitative increases in output. Economic development encompasses qualitative improvements in living standards. The Human Development Index (HDI) measures development beyond income. Introduction: Economic growth and economic development are often used interchangeably, but they represent distinct concepts. Economic growth refers to an increase in a nation’s Gross Domestic Product … Read more

Points to Remember: Food subsidy aims to improve food security and nutritional levels, particularly among vulnerable populations. It involves government intervention in the food market to lower prices or increase access. In India, food subsidies are a significant part of social welfare programs. Different components target various aspects of food security. Challenges include leakages, inefficiencies, … Read more

Points to Remember: Objectives: Price stabilization, food security, and income support for farmers. Mechanism: Government procurement at Minimum Support Price (MSP), storage, and release during shortages. Challenges: Storage losses, corruption, fiscal burden, and impact on market efficiency. Reforms: Technological advancements, improved infrastructure, and targeted interventions. Introduction: India’s Buffer Stock Policy is a crucial element of … Read more

Points to Remember: Slow industrial growth in Madhya Pradesh (MP) compared to other Indian states. Factors hindering industrial development in MP (infrastructure, policies, skill gaps). Potential for industrial growth in MP (natural resources, strategic location). Policy recommendations for accelerating industrialization in MP. Introduction: Madhya Pradesh, a geographically large state in central India, possesses significant potential … Read more

Points to Remember: The five pillars of Atma Nirbhar Bharat (Self-Reliant India) are Economy, Infrastructure, System, Demography, and Demand. Each pillar represents a crucial area for India’s economic and social development. Introduction: Atma Nirbhar Bharat, launched in 2020, is a comprehensive initiative aimed at making India self-reliant across various sectors. It’s not merely about economic … Read more

Points to Remember: Surajdhara Yojana: Focuses on providing irrigation facilities to enhance agricultural productivity. Annapurna Yojana: Aims to provide food security to the most vulnerable sections of society. Both schemes are crucial for India’s rural development and poverty alleviation efforts. However, their implementation and effectiveness vary across regions. Introduction: India faces significant challenges in ensuring … Read more