What is Integrated Farming System? How is it helpful to small and marginal farmers in India?

Points to Remember: Definition and components of Integrated Farming System (IFS). Benefits of IFS for small and marginal farmers. Challenges in implementing IFS. Policy recommendations and best practices for promoting IFS. Introduction: Integrated Farming System (IFS) is a holistic approach to farming that integrates different agricultural enterprises on a single farm. It aims to optimize … Read more

How and to what extent would micro irrigation help in solving India’s water crisis?

Points to Remember: Micro-irrigation techniques (drip and sprinkler irrigation) Water scarcity in India Increased agricultural productivity Reduced water consumption Economic benefits for farmers Environmental impact Government policies and support Introduction: India faces a severe water crisis, characterized by depleting groundwater levels, erratic rainfall patterns, and increasing water demand from agriculture, industry, and domestic use. Agriculture … Read more

Women empowerment in India needs gender budgeting. What are requirements and status of gender budgeting in the Indian context?

Points to Remember: Definition and importance of gender budgeting. Current status of gender budgeting in India. Requirements for effective gender budgeting in India. Challenges and limitations. Recommendations for improvement. Introduction: Women’s empowerment is a crucial aspect of India’s overall development. Gender budgeting, a crucial tool for achieving this, involves tracking and analyzing government spending to … Read more

One of the intended objectives of Union Budget 2017-18 is to ‘transform, energize and clean India’.Analyse the measures proposed in the Budget 2017-18 to achieve the objective.

Points to Remember: Key objective of Union Budget 2017-18: “Transform, energize and clean India.” Analysis of measures proposed to achieve this objective. Balanced discussion encompassing positive and negative aspects. Incorporation of relevant examples and data (if available). Introduction: The Union Budget 2017-18, presented by then-Finance Minister Arun Jaitley, aimed to propel India towards a cleaner, … Read more

How does e-Technology help farmers in production and marketing of agricultural produce? Explain it.

Points to Remember: Enhanced efficiency in farming practices. Improved market access and price discovery. Reduced post-harvest losses. Increased access to information and knowledge. Challenges and limitations of e-technology adoption. Introduction: The agricultural sector, a cornerstone of many economies, is undergoing a significant transformation driven by the rapid advancement of e-technology. E-technology, encompassing the use of … Read more

What are the direct and indirect subsidies provided to farm sector in India? Discuss the issues raised by the World Trade Organization (WTO) in relation to agricultural subsidies.

Points to Remember: Direct subsidies: Financial assistance directly transferred to farmers. Indirect subsidies: Support provided through infrastructure, input costs, etc. WTO concerns: Focus on trade-distorting effects of subsidies. Green Box, Amber Box, Blue Box classifications. Introduction: Agricultural subsidies in India play a crucial role in supporting farmers and ensuring food security. However, these subsidies have … Read more

The public expenditure management is a challenge to the Government of India in context of budget making during the post liberalization period. Clarify it.

Points to Remember: Challenges in Public Expenditure Management (PEM) post-liberalization. Increased complexity of the Indian economy. Need for efficient resource allocation. Fiscal deficit concerns. Transparency and accountability issues. Policy recommendations for improved PEM. Introduction: Post-liberalization, India’s economy underwent a significant transformation, shifting from a centrally planned to a more market-oriented system. This transition presented new … Read more

Define potential GDP and explain its determinants. What are the factors that have been inhibiting India from realizing its potential GDP?

Points to Remember: Definition of Potential GDP Determinants of Potential GDP (Supply-side factors) Factors inhibiting India from realizing its potential GDP (Demand-side and Supply-side bottlenecks) Policy recommendations for bridging the gap Introduction: Potential GDP represents the maximum level of output an economy can sustainably produce using its existing resources (labor, capital, technology) at full employment. … Read more

Distinguish between Capital Budget and Revenue Budget. Explain the components of both these Budgets.

Points to Remember: Capital Budget focuses on long-term investments. Revenue Budget focuses on day-to-day expenses and income. Both are crucial for effective government financial management. Clear distinction is essential for sound fiscal policy. Introduction: A government’s budget is a comprehensive financial plan outlining its projected revenue and expenditure for a specific period, typically a fiscal … Read more

Comment on the important changes introduced in respect of the Long term Capital Gains Tax (LCGT) and Dividend Distribution Tax (DDT) in the Union Budget for 2018-2019.

Points to Remember: Key changes in Long-Term Capital Gains Tax (LCGT) and Dividend Distribution Tax (DDT) in the 2018-19 Union Budget. Impact of these changes on investors, companies, and the economy. Analysis of the positive and negative aspects of the changes. Suggestions for improvement or future policy considerations. Introduction: The Union Budget 2018-19 introduced significant … Read more