[Economy] Current 2014 Feb Week 1: FDI, Regulatory Bodies, Infrastructure (Part 2 of 3)

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Prologue [Act III] FDI related current affairs [2014FebWeek1] [FDI] Multi brand Retail: “Gaddari” by Delhi & Rajasthan [FDI] Lobbying by Walmart and Amazon [FDI] Railways: FM, HM oppose Chinese FDI [FDI] Drugs Pharmaceuticals [FDI] Vodafone: fully foreign owned [FDI] Andhra favorite despite Telengana protests IFC Rupee bonds [FDI] Defense [FDI] Environment clearances [FDI] flows in last eight months (from highest … Read More

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[Economy] Current 2014 Feb Week 1: Bilateral, Poverty Hunger, Food Processing, PIN (Part 3 of 3)

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Prologue [Act 6] Bilateral/Policy affecting Indian Interests #1: Visa on Arrival for 180 countries #2: [USA] Dushmani with Indian pharma cos. #3: [USA] India’s Aviation safety sucks #4: Pakistan- MFN status for India (hum nahi Denge) #6: India and Morocco (Ibn Batuta) #7: India-Fiji DTAA #8: India-Mauritius #9: Misc./Chillar developments [Act 7] Issues related to Poverty, Hunger, HRD #1: DTH … Read More

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[Economy] Capital Goods and Capital Gains: Meaning, Difference Explained

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What is Capital Goods? Examples of Capital goods? Why is Capital Goods important? What is capital gains? Question from a reader: What is the difference between Capital Goods and Capital Gains? What is Capital Goods? Capital goods are the tools and machinaries used for producing consumer products. They’re (usually) expensive, and they’re purchased for long-term use. Raw materials are also … Read More

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[Economy] National Investment Board (NIB): Meaning, Functions, Anti-Arguments

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Infrastructure Bottlenecks? What is National Investment Board (NIB)? Functions of National Investment Board (NIB)? Anti-argument/Objections against NIB? Infrastructure Bottlenecks? Infrastructure= railways, roads, ports, thermal plants etc. that are essential for other economic activities. Infrastructure projects worth over Rs 7 lakh crore are pending because environment ministry is not clearing the files. Every time a coal miner wants to increase production, … Read More

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[Economy] High GDP and High Corruption: Cause or Consequence?

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Not really an article, just some fodder/food for thought. High GDP= High Corruption= Bright Future! Land Grabbing = Universal phenomenon High GDP => High corruption The Incentive structure High level corruption High corruption => High GDP! High GDP= High Corruption= Bright Future Mark Twain coined a term “America’s Gilded Age”. It has been used to describe, roughly, the last four … Read More

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[Economy] 9% GDP and 4% Agriculture growth: Fodder material for Essay and Interviews

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What is the theme of 12th Five Year plan? What are the main targets of 12th FYP? Government’s role in Development Time Factor Inflation Exports Policy environment Labour Reducing the fiscal deficit Strategy #1: Increase revenues Strategy#2: Reduce non-Plan expenditure. Railways: Cross subsidization How to get 4% Agriculture growth? Cold storage Supply lines Land Leasing Non-farm Employment Change the focus … Read More

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[Economy] Arbitration Act: Foreign Investment disputes

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What is Arbitration? Arbitration Act Why in News? Implication of SC Judgment What is Arbitration? For smooth functioning of business and industry, Quick decision of any commercial dispute is necessary. Internationally, it is accepted that normally commercial disputes should be solved through arbitration and not through normal judicial system An arbitrator is basically a private judge appointed with consent of … Read More

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[Economy] Coal acquisition from Abroad: ICVL and its problem

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What is ICVL? Why was ICVL formed? What’s ICVL’s problem? Why no acquisition of coal mines abroad? Coal India’s problem Mock Questions What is ICVL? International Coal Ventures Limited (ICVL) — It is a joint venture company formed in 2009 jointly by following entities: Administrative control Steel Authority of India Ltd (SAIL) Ministry of Steel Rashtriya Ispat Nigam Ltd (RINL) … Read More

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