Current Affairs
CURRENT AFFAIRS : WHAT ARE THE AREAS ECONOMIC REFORMS CAN BE ADOPTED / BEING IMPLEMENTED BY GOVT
- Adoption of integrated approach to improvement in agriculture sector.
- Opening of civil aviation sector and setting up a regulatory framework.
- Rationalization of Centrally sponsored schemes.
- Removal of Govt and RBI restrictions on financing of stocking and trading.
- Reforming development financial institutions for long term financing of small and medium enterprises.
- Elimination of inter-State barriers to trade and commerce.
- Simplifying laws and procedures for investment.
- Implementing Power sector reforms.
- Reduction of budget based subsidies.
- Evolve a positive agenda for future negotiations at the WTO.
- Electoral reforms.
- Judiciary reforms.
- Expansion of service tax net.
- Streamlining of Direct and Indirect tax regulatory framework.
- Encouraging Foreign Direct Investment (FDI).
- Increase in literacy rate to 75%.
- Control population growth.
- Free schooling to children.
- Disinvestment policy
- Privatization of PSUs.
- Reduction of poverty.
- Creation of employment opportunities.
- Achieving 8% growth in GDP.