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 possible solutions do you suggest for Land reforms and irrigation? (ECONOMY)

Land reforms: Distribute ceiling-surplus and waste lands; Prevent diversion of prime agricultural land and forest to corporate sector for non-agricultural purposes. Ensure grazing rights and seasonal access to forests to tribals and pastoralists, and access to common property resources. Establish a National Land Use Advisory Service, which would have the capacity to link land use … Read more

DMPQ- . What is the concept of JAM ? Point out it’s significance in the modernization of Indian economy.

Large-scale, technology-enabled, real-time Direct Benefit Transfers can improve the  economic lives of India’s poor, and the JAM Trinity (Jan Dhan, Aadhaar, Mobile) can  help the government implement them. Over the past year, JAM has deepened its coverage  at an astonishing rate creating around 4 million accounts per week and several mobile  money operators were licensed. … Read more

Explain the different type of subsidies as per WTO agreements

Ans:  Green Box Subsidies: The subsidies which cause no, or at most minimal, trade distorting effects or effects on production. These subsidies are permitted under WTO regime, for instance; Government services such as research, disease control, and infrastructure and food security.   Amber Box Subsidies : All domestic support measures considered to distort production and … Read more

DMPQ: Give possible suggestions for credit enhancement for farmers.

Possible solutions are: Expand the outreach of the formal credit system to reach the really poor and needy. Reduce rate of interest for crop loans to 4 per cent simple, with government support. Moratorium on debt recovery, including loans from non-institutional sources, and waiver of interest on loans in distress hotspots and during calamities, till … Read more

DMPQ-Vidyanjali scheme (GOVT. SCHEME)

Vidyanjali – (School Volunteer Programme) is an initiative of the Ministry of Human Resource Development, Department of School Education & Literacy to enhance community and private sector involvement in Government run elementary schools across the country under the overall aegis of the Sarva Shiksha Abhiyan. This programme has been envisaged to bring together people willing … Read more

DMPQ- Why is Startup Ecosystems a crucial pillar in realizing Atmnirbhar Bharat?

Startups need Institutional Support, Easing Compliances, Relaxation in Public Procurement norms, Incubation support, Seed Funding Support, Venture Funding Support, and Awareness & Outreach. centre and states, coming together in the spirit of cooperation, collaboration and competition to promote startups, is really an important development. startups are the store-house of talent, knowledge and ideas. Women entrepreneurs … Read more

DMPQ- Write a short note on Open acreage licensing policy.

Open Acreage Licensing Policy (OALP) gives an option to a company looking for exploring hydrocarbons to select the exploration blocks on its own, without waiting for the formal bid round from the Government. UnderOpen Acreage Licensing Policy (OALP), a bidder intending to explore hydrocarbons like oil and gas, coal bedmethane, gas hydrate etc., may apply … Read more

DMPQ- List out the major Indian Industrial Corridors of India

Industrial Corridor refers to a set of infrastructural spending allocated to a specific geographical area, with the aim of stimulating industrial development. An industrial corridor aims to crease an area with a cluster of manufacturing or other industry. The major Indian Industrial Corridors are: Delhi-Mumbai Industrial Corridor (DMIC); Bengaluru- Mumbai Economic Corridor (BMEC); Chennai-Bengaluru Industrial … Read more