Impact of GST on Indian Economy
Positive Impact :-- As there will be no inter-state tax, transport of goods will be much easier. There will be no burden of check posts for states. And this will benefit transport industry and suppliers of goods as well. This
How to reduce NPA?
What is NPA :-- ‘Non-performing Assets’ (NPA) are the loans that are not repaid and are not generating any income to the lender.
- Around Rs. 6 lakh crore worth loans are classified as NPA as of 2017 and are causing
Digital India
What is the ‘Digital India’ program:- ‘Digital India’ was launched in July 2015 by the Government of India. This is started with the aim to achieve three interconnected goals. They are
- Availability of high-speed internet to each and every citizen.
Privatization of ‘Air India’ – Good or Bad?
Background :-- In June 2017, Union Cabinet approved the recommendation of NITI Aayog to privatize government owned ‘Air India’.
- Debt burden will be reduced. Currently Air India has more than Rs. 50,000 crores debt due to maintenance expenses.
Why are many startups failing in India?
Reasons :-- Many startups are giving unrealistic discounts to attract customers. This leads to more investment with low profits. Such kind of startups will more likely to run into losses, which results in shutting down.
- Many entrepreneurs are imitating successful
