1. Many countries are still struggling to collect sufficient revenues to finance their own development. Countries collecting less than 15 percent of GDP in taxes must increase their revenue collection in order to meet the basic needs of the citizens and businesses. Critically examine the rationality and effectiveness of India’s resource mobilization initiatives.
Economics
News Analysis
DOUBLING FARMERS INCOME: Reason: The Government of India in its Annual Budget 2016-17 set a policy target of doubling farmers’ income by 2022. Key Points About: Agriculture sustains livelihood for more than half of India’s total population. Doubling farmers’ income in such a short period is an overwhelming task for decision makers, scientists and policy makers because of its continued role in […]
Feb 16 Mains answer writing
Banks provide loans to the NBFCs (Non-Banking Financial Companies), which in turn extend loans to the high-risk sectors (such as infrastructure and housing) that the banks were avoiding. Discuss the challenge it can add on the already brewing NPA crisis in India?
Feb 16 Mains Answer writing
Banks provide loans to the NBFCs (Non-Banking Financial Companies), which in turn extend loans to the high-risk sectors (such as infrastructure and housing) that the banks were avoiding. Discuss the challenge it can add on the already brewing NPA crisis in India?