Economy

Infrastructure is the term for the basic physical systems of a business or nation. Transportation, communication, sewage, water, and electric systems are all examples of infrastructure. These systems tend to be high-cost investments and are vital to a country’s economic development and prosperity. Grant of infrastructure status enables the industry to raise money from insurance … Read more

It is an information repositorythat collates all loan information of individuals andcorporate borrowers. A credit repository helps banks distinguish between a bad and a good borrower andaccordingly offer attractive interest rates to good borrowers and higher interest rates to badborrowers. The move is based on the recommendations of a committee, headed by Y.M.Deosthalee.PCR will address … Read more

With an aim to create a $400-billion electronicsmanufacturing industry & generate 1 cr jobs by2025, the Ministry of Electronics and InformationTechnology (MeitY) has come out with the draft‘National Policy on Electronics 2018’ (NPE 2018). Initiatives taken for Electronic System Design &Manufacturing (ESDM) Sector in India Electronics Manufacturing Clusters: To overcome disadvantages due toinfrastructure, EMC was … Read more

P2P lending is the popular type of crowd funding, whereby an internet platform collects small amounts of funds from individuals in a crowd to finance collectively a larger loan to individuals or businesses. Websites that facilitate peer-to-peer lending have greatly increased its adoption as an alternative method of financing.P2P lending is also known as social … Read more

On 8th Nov, 2016 86% of the currency in circulation was declared as not legal tenders.   The stated objective of demonetisation was : Reduction of black money Achieving lower cash/ gdp ration An attack on fake currency To stop terror financing Increasing digital transactions Increasing tax net   Positive effects of  Demonetisation are as … Read more

Various investment models which have emerged in recent times especially  in post-reforms and also from experiences of emerging marker economies (EMEs). These  models are not alternates to each other but are only variants of investment models. The policy support will require well-drafted ‘futuristic policies’ in different areas  especially in the areas of ‘pricing and tax … Read more

DRAFT NATIONAL RESOURCE EFFICIENCY POLICY was released by the Ministry for Environment, Forest and Climate Change for public comments.  The Policy notes that the material consumption in India has increased by six times from 1.2 billion tonnes in 1970 to 7 billion tonnes in 2015. It is expected to double by 2030, in view of … Read more

Always keep in mind the following equation for writing answer: Overall GDP= C+I+G+X-M Measure to improve investment: Lowering of corporate tax rate to increase investment. Lowering of the repo rate by 135bpsc. To increase the access to finance. Easier of FDI norms. Most of the FDI is allowed by automatic route and others via government … Read more

Ease of doing business is an index published by the World Bank. It is an aggregate figure that includes different parameters which define the ease of doing business in a country. It is computed by aggregating the distance to frontier scores of different economies. The distance to frontier score uses the ‘regulatory best practices’ for doing … Read more

Several factors and writings of a number of persons contributed to the origin of their political ideology: The collapse of feudalism is an important cause of the origin of liberalism. Let us explain it briefly. In the feudal period the feudal lords practically controlled the economy and politics along with the church and its fall … Read more