Insights Daily Answer Writing Challenge Day – 21

QUESTIONS ASKED DAY-21 (09/08/2013) 1)Discuss the demands and expectations of Indian diaspora in the North America from their host countries. Are these demands justified? Critically examine. 2)“Foreign investment is far from being critical to India’s economic growth”. Critically comment. (2009, GS-II) RESPONSES: Nikku August 9, 2013 at 11:01 am   3 Votes “Foreign investment is …

Aftershocks Of ‘Policy Paralysis’

People at the helm still blame Eurozone crisis for India’s economic problems. The same people were jubilant two years ago when India somehow managed decent growth despite severe global economic crisis. The reason for their jubilation was that  they believed that Indian economy was decoupled from the crisis-hit economies of the West. Now, this reasoning seems to …

THE UNION BUDGET (GENERAL) 2012-2013 – HIGHLIGHTS (PDF)

BUDGET SPEECH click here (pdf, 234KB) HIGHLIGHTS Budget identifies five objectives relating to  growth recovery, private investment, supply bottlenecks, malnutrition and governance matters GDP growth to be 7.6 per cent (+ 0.25 percent) during 2012-13 Amendment to the FRBM Act proposed  as part of Finance Bill.  New concepts of “Effective Revenue Deficit” and “Medium Term …