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Policymaking: Capita

The document outlines the current state of the economy, highlighting real GDP and per capita GDP figures, along with government strategies for policymaking during uncertain times. It discusses fiscal developments, including safety net measures, capital expenditure, and disinvestment targets, as well as the external sector's trade balance and top export/import commodities. Key initiatives like the Production Linked Incentive scheme and the Remission of Duties and Taxes on Export Products are also mentioned.

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0% found this document useful (0 votes)
4 views3 pages

Policymaking: Capita

The document outlines the current state of the economy, highlighting real GDP and per capita GDP figures, along with government strategies for policymaking during uncertain times. It discusses fiscal developments, including safety net measures, capital expenditure, and disinvestment targets, as well as the external sector's trade balance and top export/import commodities. Key initiatives like the Production Linked Incentive scheme and the Remission of Duties and Taxes on Export Products are also mentioned.

Uploaded by

yadav.varsha267
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
You are on page 1/ 3

Page 1 of 3

CA - 0401

☒&☒0%M$¢ EM.RH☒¥

CHAPTER 1 : STATE OF THE ECONOMY

1. Real GDP

"a
Rske 5.7-Lcr

RS 135kV

2. Per capita GDP -


Rs 1.08 lakh er

GOI strategy for policymaking times


of uncertainty
-

3. in

Barbell strategy
r v

safety net for vulnerable sections flexible response -

agile approach

'
'

3.
waterfall framework -
conventional method of policy framing

a) Safety Net measures legs ?


→ PM KHAN

→ PM Garib Kalyan Anna Yojana


→ one nation one ration card
→ PM SVA Nidhi scheme

5) Supply side measures


CEGD
→ Production Linked Incentives scheme
→ Repeal of retrospective taxation
→ Revised definition of MIMES

Forum Learning Centre: Delhi - 2nd Floor, IAPL House, 19 Pusa Road, Karol Bagh, New Delhi - 110005 | Patna - 2nd floor, AG Palace, E Boring Canal
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Page 2 of 3

CHAPTER 2 : FISCAL DEVELOPMENTS

1. Fiscal Policy response

1St Phase 2nd Phase

safety net stimulus package


PMKGY NIP , PLI

B 5
capital expenditure ( April NOV Yox)
'

2. -

12.8
,, ,
y
Sector focus road > rail
"

9.2

,i¥
g. Fiscal Deli""
0 .
¥,

2.4

1919 1912020121 21122

4. Disinvestment :
target Rs 175 Lakh crore

collection cat of 24101122 ; only Rs 9330 lakh crore

introduced
'
PSE
'

steps : Govt New


Policy G
Asset monetisation
'

National Policy

5. Subsidy : Food > Fertilizer > Fuel

6. Centre Govt Debt to GDP ratio - raised due to GDP contraction ; which was stable
in the past decade

7. state's finances : the borrowing limits of the states enhanced to 5%


Of GSDP (20-21)
but reduced to 4% the GSDP for (21-22)
Of

Forum Learning Centre: Delhi - 2nd Floor, IAPL House, 19 Pusa Road, Karol Bagh, New Delhi - 110005 | Patna - 2nd floor, AG Palace, E Boring Canal
Road, Patna, Bihar 800001 | Hyderabad - 1st & 2nd Floor, SM Plaza, RTC X Rd, Indira Park Road, Jawahar Nagar, Hyderabad, Telangana 500020
9821711605 | https://academy.forumias.com | [email protected] | [email protected]
Page 3 of 3

CHAPTERS : EXTERNAL SECTOR

1. Top export commodities : D Petroleum products


2) Pearl , precious stones
Iron 9 steel
4) Drug formulations
2. Top export destinations : USA
,
UAE ,
China , Bangladesh
3.
Top agricultural exports : marine products
rice other than basmati

spices
sugar
4. Initiatives
1. Remission of Duties 9 Taxes on Export Products CRODTEP )
→ reimburses central , state and local taxes and duties incurred
hi the manufacture and distribution
of exported products
2. Production Linked Incentive CPLI) scheme this -

provides incentive to
incremental sales
for products manufactured domestic units
'

in

5. Top imports 17 Crude petroleum


2) Gold
3) Petroleum products
a) Pearl precious stones

6. Top import destinations : China ,


UAE , USA , Saudi Arabia

7. favourable trade balance : USA


, Bangladesh G Nepal
8. sectors
attracting highest TMI inflow :

1) Computer software 9 hardware


2) Automobile industry
3) Services sector -
Financial ,
Banking ,
Insurance etc

9. Top investors →
Singapore > USA > Mauritius

to . India 's external sector reliance

Global Financial Crisis Taper Tantrum Covid lockdown


a) Inflation 9. I 9.4 52 ( Apr -
Dee 21 )
"
b) Forex $252b $292bn $634bn
C) External debt to 20.7 23.9 20

GDP ratio

Forum Learning Centre: Delhi - 2nd Floor, IAPL House, 19 Pusa Road, Karol Bagh, New Delhi - 110005 | Patna - 2nd floor, AG Palace, E Boring Canal
Road, Patna, Bihar 800001 | Hyderabad - 1st & 2nd Floor, SM Plaza, RTC X Rd, Indira Park Road, Jawahar Nagar, Hyderabad, Telangana 500020
9821711605 | https://academy.forumias.com | [email protected] | [email protected]

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