DMPQ- Explain why India introduced GAAR (General anti avoidance rules). Also mention the recommendations given by Parthasarathi Shome committee for GAAR.

Tax Avoidance is an area of concern across the world.  The rules are framed in different  countries to minimize such avoidance of tax.  Such rules in simple terms are known as ‘General Anti  Avoidance Rules’ or GAAR. Thus, GAAR is a set of general rules enacted so as to check the tax avoidance.  It empowers … Read more

DMPQ: FDI is good for a Country like India. But FDI is also not immune from criticism. Discuss the ill effect of FDI.

Foreign direct investment (FDI) is an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country, such as ownership or controlling interest in a foreign company.   Concerns with FDI: Subscribe on YouTube … Read more

DMPQ- What is the basic Premise of Keynesian economics?

Keynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression. Subscribe on YouTube Keynesian Economics focuses on using active government policy to manage aggregate demand in order to address or prevent economic recessions. Thus it focuses on demand-side solutions to recessionary periods. Join … Read more

DMPQ- Owing to low growth rate, the government has taken some steps to improve the investment and consumption climate. Enumerate the steps.

Always keep in mind the following equation for writing answer: Subscribe on YouTube 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 … Read more

DMPQ-. The declining growth in agriculture owing to two consecutive drought years indicating a building up rural distress, discuss a roadmap to ensure complete agrarian transformation of sort to ensure sustainable livelihoods for the farmers and food security for the population?

The decline in agriculture growth is attributed to two consecutive drought years; as 60% of Join Our Telegram Channel Indian agriculture is rain-fed. A target of 4% growth has been envisaged for agriculture and allied sectors for twelfth plan period, however, the growth was (-) 0.2 per cent in 2014-15 & 1.1% in 2015-16. The … Read more

DMPQ: Economic survey suggested that India’s growth decoupled with the world growth? What is this decoupling and what are the reasons for it?( Economic survey)

Decoupling means Decline in the growth rate of India when world was facing positive growth rate. The Reasons for this decoupling can be attributed to Domestic reasons and the long term effect of balance sheet syndrome.   Join Our Telegram Channel Reasons are: Demonetisation exercise lead to negative growth rate. Problems in new Indirect tax … Read more

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