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2022-10-05 09:03:22 "MSME sector accounts for 30% of India’s GDP"

Here is what you should know about MSMEs!

Manufacturing/Service Enterprise (Investment)

Micro: upto 1 Crore
Small: upto 10 Crore
Medium: upto 50 crore
Turnover (5 times investment)

Micro: upto 5 Crore
Small: upto 50 Crore
Medium: upto 250 Crore

Significance of MSMEs Sector-

Employment generation: employs about 120 million people
MSME sector accounts for 30% of India’s GDP
45% of exports
Income augmentation,
Building rural infrastructure,
Women empowerment (14% MSMEs are women led)
Promotion of traditional goods, innovation etc.

Do you know what are the challenges faced by MSMEs and what are U. K. Sinha Committee Report recommendations in context of it?

Do check out the complete article at: https://www.upscprep.com/msmes-upsc-economy-gs3/ ओपन / कमेंट

2022-10-05 07:47:46 Update!!

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2022-10-05 07:17:43 ओपन / कमेंट

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2022-10-04 13:31:07 UPSC Mains Daily Answer Writing

Questions
1. Management of water at household and individual level is often the responsibility of women members. Explain how gender perspective in water resource planning can help achieve sustainable access to water resources? (15 marks)

2. Recent depreciation of rupee is a matter of concern as it has led to many negative impacts on the economy. Enumerating the reasons for falling rupee, discuss the concerns associated with it. (10 marks)

Model solutions
https://www.upscprep.com/upsc-mains-daily-answer-writing-04-10-2022/


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2022-10-03 08:36:40 UPSC Mains Daily Answer Writing

Questions
1. UNDP has recently praised aspirational districts' programmes for local area development in a decentralized manner. Enumerating its features, enlist the success of this scheme. (15 marks)

2. Though India has developed methods to predict cyclones, there is difficulty in predicting cloudbursts and the resultant flash floods. Explaining the current method of flash flood prediction, enumerate the issues involved in their prediction. (10 marks)

Model solutions
https://www.upscprep.com/upsc-mains-daily-answer-writing-03-10-2022/

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