Showing questions for July 24, 2025
- Total: 35 questions
Question 26 Jul 24, 2025
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What is the revised GDP growth projection for India in FY26 according to Ind-Ra?
6.3 per centInd-Ra revised India’s GDP growth forecast for FY26 down to 6.3 per cent from its earlier estimate of 6.6 per cent, citing global uncertainties and a weak investment climate. The downgrade is attributed to headwinds such as unilateral US tariff hikes and subdued domestic investment. However, tailwinds like monetary easing, faster-than-expected inflation decline (projected at 3%), and favorable monsoon conditions provide some optimism. Despite these positives, Ind-Ra believes they won’t fully offset global challenges. This projection is lower than the 6.5 per cent forecast by the RBI and ADB, indicating a cautious outlook on India’s economic recovery.
Question 27 Jul 24, 2025
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What did Raghuram Rajan say about the impact of the Production Linked Incentive (PLI) scheme on job creation?
The job numbers from PLFS suggest it has not moved the needle on jobs significantlyRaghuram Rajan expressed skepticism about the PLI scheme’s effectiveness in generating large-scale employment. While acknowledging some success, such as increased mobile phone exports, he highlighted the lack of strong public data to evaluate the scheme comprehensively. He specifically pointed to the Periodic Labour Force Survey (PLFS) data, which does not indicate a significant improvement in job numbers. Rajan’s comments suggest that while the PLI may have boosted manufacturing and exports, its impact on employment remains limited. This underscores the need for complementary policies to address India’s job creation challenge.
Question 28 Jul 24, 2025
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Why are mango farmers in Andhra Pradesh facing financial distress despite a bumper crop?
Due to crashing prices, limited procurement, and reduced demand from pulp industriesMango farmers in Andhra Pradesh, particularly in Rayalaseema, are suffering due to oversupply and crashing prices of the Totapuri variety. A bumper crop of nearly 1.5 lakh tonnes—up from 90,000 tonnes last year—has led to market glut. Additionally, domestic pulp demand dropped after the Centre imposed a 28% GST on Ready to Serve drinks with high pulp content, discouraging usage. Farmers allege inadequate support prices (`4/kg) compared to Karnataka and Tamil Nadu, and delayed payments. Some have resorted to dumping unprocured produce, reflecting systemic neglect and lack of organized market mechanisms like a proposed Mango Board.
Question 29 Jul 24, 2025
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What is the objective of the MoU between the Indian Federation of Green Energy (IFGE) and the World Biogas Association (WBA)?
To promote innovation, investment, and adoption of anaerobic digestion and compressed biogas technologies in IndiaThe MoU between IFGE and WBA aims to strengthen India’s biogas ecosystem by leveraging global expertise and best practices. Focus areas include fostering innovation, attracting investment, and accelerating the adoption of anaerobic digestion and compressed biogas (CBG) technologies. The partnership was signed during the World Biogas Summit in the UK and aligns with India’s renewable energy goals. The IEA has recognized India’s significant potential in biogas production from organic waste, equivalent to a substantial portion of global natural gas demand. The collaboration also seeks to expand biogas use beyond waste management into cooking and industrial applications, where India currently lacks representation.
Question 30 Jul 24, 2025
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What is the proposed outcome of SALIC's acquisition of an additional stake in Olam Agri?
Olam Agri will become a 100 per cent owned subsidiary of SALICSALIC, the Saudi agricultural investment arm of PIF, has proposed acquiring up to 64.57% additional stake in Olam Agri, following its previous 35.43% acquisition in 2022. Upon completion, this will make Olam Agri a fully-owned subsidiary of SALIC. The transaction, valued at $1.78 billion, includes a call option for SALIC to acquire the remaining 19.99% within three years. The move aligns with SALIC’s strategy to secure global food supply chains and strengthen its presence in the grains sector. Both parties have assured that the deal will not adversely affect competition in India, as confirmed in their CCI filing.