17 October 2014
Answer ALL the questions in about 200 words:
1) “Though recent labour reforms announced by the Prime Minister of India are welcome, they are not sufficient to address existing labour problems.” Critically comment.
2) The much-awaited goods and services tax, or GST, which has the potential to reform the tax system, is not comprehensive without the inclusion of land and liquor in its ambit. Examine why inclusion of these two is important.
3) Examine the concerns of state governments with regard to structure and implementation of goods and services tax (GST)
4) “The selective amnesia of the United States, the United Kingdom and other Western countries about Pakistan-based elements abetting terrorism in neighbouring countries is driven logically by the West’s understanding of its economic, security and strategic interests-concerns.” Critically comment.
5) What are the functions of chief economic advisor (CEA) appointed in the finance ministry? Enumerate.
6) ““Hate madrasas and schools that radicalise will have to be shut down across South Asia. They have become a key element of terror infrastructure in the region.” Critically discuss.
7) ” The RBI can only be as autonomous as the government wants it to be.” Write a critical note on RBI’s autonomous status and the dangers it faces.
8) Various stakeholders in India are expecting cut in interest rates by the RBI. Examine how reduced interest rates at this point of time will help these stakeholders.
9) “….the problem of child labour in India has not been addressed squarely due to the caste-oriented and elitist orientation of Indian officialdom.” Comment.