DMPQ- Explain how after the independence economic imbalances gave rise to the regionalism in India.

. At independence, the leadership recognized that some regions were more backward than others. Only a few enclaves or areas around Calcutta, Bombay and Madras had undergone modern industrial development. From the beginning, the national government felt a responsibility to counter this imbalance in regional development. Thus, for example, the 1956 Industrial Policy Resolution of … Read more

DMPQ- Explain why despite the plethora of social sector schemes for poverty eradication they have not yielded the desired results?

. The Government has well-designed schemes. The question is not about intention but that of implementation of these schemes. There was not a proper identification of the targeted beneficiaries. There is also a lack of awareness of these schemes amongst the masses, given their illiteracy and ignorance. There is also an absence of any monitoring … Read more

DMPQ- Briefly describe the concept of micro finance. Also discuss the role of SHG (Self help groups) movement in India’s micro finance sector.

. Micro finance institutions, as a concept have their genesis in  Bangladesh, pioneered by Mohammed Yunus, for which he was awarded the Nobel Prize, as  successful institutions for reaching out to the last unit of any economy not possible through  banks and directly contributing to the uplift of the poor especially rural women. In India, … Read more

DMPQ- What are the biggest issues India’s port sector’s facing ?

Development of port infrastructure in India is not on par with the other ports across  the world. Trade in India has to face severe challenges due to inefficient port services.  Shipping lines avoid touching ports in India because of the long waiting time. The capacity  of various ports including Mumbai has already been exhausted and … Read more

DMPQ- What are the Implications of Rupee Depreciation on the Indian Economy?

India’s imports comprises of essentials such as crude petroleum, machineries and  fertilizers which become expensive raising their prices facilitating ‘import’ of inflation.  India is very susceptible to a stubborn and sticky inflation. It hurts the masses in terms of  across the board higher prices. All imports become expensive including raw materials, goods and machineries which  … Read more

DMPQ- Despite the considerable easing of restrictions why is India not a preferred destination for FDI ?

. India has a large pool of English-speaking workforce, cheap labour, natural resources,  a growing economy, second largest market and a government-favouring FDI. Despite the considerable easing of restrictions there are number of factors which are haltering FDI boost: First and the foremost, a foreign investor draws a global comparison before taking a decision on … Read more

DMPQ- Discuss the important government initiatives taken for labor reforms in recent years.

Along with bringing transparency and accountability in enforcement of Labour Laws, the Government has taken various initiatives to realize and establish the dignity of every worker through provision of social security, enhancing the avenues and quality of employment along with industrial development. Recent major reforms are: Introduction of Labour Codes In line with recommendations of … Read more

DMPQ- . What is external commercial borrowing (ECB) ? Point out the importance of ECB for India’s external investment.

An external commercial borrowing (ECB) is an instrument used in India to facilitate Indian companies to raise money outside the country in foreign currency. The government of India permits Indian corporates to raise money via ECB for expansion of existing capacity as well as for fresh investments. Other such external sources of finance/capital include FCCBs … Read more

DMPQ- “In recent years Government of India has taken several measures to improve the ease of doing business in India.” Elucidate.

The government of India has taken a series of following measures to improve ‘Ease of  Doing Business’ in the country. Existing rules have been simplified and information tech­ nology is introduced to make governance more efficient and effective: The process of applying for Industrial License (IL) and Industrial Entrepreneur Memorandum (IEM) has been made online … Read more

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