Economic Survey 2024-25: Notes & Mindmap
The Economic Survey is the flagship annual document of the Ministry of Finance, presenting a detailed analysis of India’s economic performance, policy initiatives, and future…
Economic Development
What is the need for expanding the regional air connectivity in India? In this context, discuss the government’s UDAN Scheme and its achievements. (250 words)
Expanding regional air connectivity is vital for India’s economic growth, enhancing accessibility to remote regions, and promoting inclusive development. As of 2023, only 20% of…
Discuss the merits and demerits of the four ‘Labour Codes’ in the context of labour market reforms in India. What has been the progress so far in this regard? (250 words)
The four Labour Codes, introduced between 2019-2020, aim to streamline 29 existing laws into four codes: Wages, Industrial Relations, Social Security, and Occupational Safety, to…
What is the technology being employed for electronic toll collection on highways? What are its advantages and limitations? What are the proposed changes that will make this process seamless? Would this transition carry any potential hazards? (150 words)
The FASTag system, launched in 2014, is the primary technology for electronic toll collection (ETC) on Indian highways. It uses RFID (Radio Frequency Identification) for…
What were the factors responsible for the successful implementation of land reforms in some parts of the country? Elaborate. (150 words)
Land reforms in India aimed to abolish feudal structures and ensure equitable land distribution, notably succeeding in states like West Bengal and Kerala due to…
What are the causes of persistent high food inflation in India? Comment on the effectiveness of the monetary policy of the RBI to control this type of inflation. (150 words)
India has been witnessing persistent high food inflation in recent years, driven by supply chain disruptions, erratic weather, and rising input costs (2023). This inflation…
Examine the pattern and trend of public expenditure on social services in the post-reforms period in India. To what extent this has been in consonance with achieving the objective of inclusive growth? (150 words)
The post-reform period in India (post-1991) saw a shift towards liberalization, with increased public expenditure on social services like health, education, and infrastructure to promote…
Distinguish between ‘care economy’ and ‘monetized economy’. How can care economy be brought into monetized economy through women empowerment? (250 words)
Care Economy vs. Monetized Economy: Aspect Care Economy Monetized Economy Definition Revolves around unpaid or underpaid work, primarily shouldered by women, essential for human well-being.…
Most of the unemployment in India is structural in nature. Examine the methodology adopted to compute unemployment in the country and suggest improvements. (150 words)
India’s unemployment scenario is complex, with structural factors playing a significant role. Structural Unemployment in India: Methodology to Compute Unemployment: Suggested Improvements: In conclusion, while…
