Lecture 39: L5/P5: Make in India & Skill India: Salient Features, Targets &

Components
1- Skill India
a- Why skill people?
1- 2- 3- Who can help?

b- How to skill ?

c- What is Skill India Program ?

1- 2-Existing schemes

3- New Scheme (PMKVY)

a-
 b- Din Dayal Antyodaya Yojana

c- Minorities Ustaad

d-Nai Manzil

4- Problems with Skill in India Programmes

2- Make in India
a- Whats the need?
1-

2-

3-

4-

a- Simplify Process
1-Challenges

2-Solution
 b-IPR Protection
1-

2- Patent

3- Design & Renewal

4- Geographical Indicators

5- Special 301 report

Note: Make in india not only focus on manufacturing but also on services.

6- Selected Sector
 5- Make Outside India

Lecture 40 : L5/P6: Make in India: Policy Interventions & challenges from

Economic Survey
1- What does economic suvey 2015
say about make in india?
a- b-Ease of doing buisness

c-Inductrial Policy
d-Protectionism

questions

--Survey: conclusion on Skill India & Make in india

Questions

2- Ways to boost GDP - Economic survey 2015

a-

b- India's jeans conundrum

c- problem in india regarding mfg

d-Export demand
2-Need to focus on mfg industry
1-

3- Eg: gujrat mfg

4- Discussion so far

e- Approch by other developed countries

1-

2-
 3- Questions

f- Problem in skilling

a-

b- Questions

3- Service Sector
a- b-

c-
Check status of 2023-24

d-
e-

f- Tourism services

update acc. to recent data

g- IT/Comm. Services
h- Retail Trade-service
update according to latest economic survey

i- Entertainment Services
Lecture 41 : L5/P7: Inflation: WPI, CPI, IIP theory and Survey Analysis;
BalticDry, OBICUS,ASI
1- Discussion will be based on inflation related topics

a- What is Inflation? -- Index Theory

1-

2-

3-

4-

5-
b- WPI, CPI, IIP
1-

2-Who calculates what & using which base year

3- IIP Components

Indian economy not surging its only recovering -- Arvind subramanyam

Survey Analysis for IIP

Update acc. to latest survey
4- WPI Components
a- Categories

b- Weight assignment

5- CPI Components
a-
 b- CPI reforms

c- Total Basket Items

-- Why Inflation declining?

c- Misc. index
1- Producer's price index
2- Service Performance Index

3- Baltic Dry Index

a-

b-

4- Household Expectation
--Insight

--Production - indexes
a- OBICUS

b- ASI

c- Private Entities
 --SBI Index

Lecture 42 : L6/P1: Eco.Survey-Crude Oil price & Gold Curbing from

Budget-2015
1- Topic to be covered: International Trade

a- Trade deficit data- Update with latest data

b-

1- Reason of Crude oil Price drop

2- Reason of drop in gold consumption

3- Steps taken to reduce Gold consumption

Budget 2015- about gold

Gold Monetization

Sovereign Gold Bond

Gold Coin

Conclusion - Steps taken to reduce gold Import

- Oil price drop- Impact on Indian economy

-- Other Inflation Angles

c- Import-export ranking

1-
Update acc. to latest data

2-

3-

4- Overall Result
d- Boost Exports

1- Problems

a- External Problems
Quantative ease Impact of QE on India

USA

UK

b- Domestic
 c- Law- Tax related issues

Lecture 43: L6/P2: Foreign trade policy 2015: TPP, RCEP, PTA, FTA CECA,
CEPA
1- Foreign trade Policy
a- 5 pillars of foreign trade policy

b- Basics Of Foreign trade policy

c- Exports Targets latest

d- Trade Agreements-- WHY?
Syllabus
1-

2- 5 stages/evolution

a-

b-

c- Awareness
d- World Agreements affecting India's interests
1-TATIP

2- TPP

a-

b- Salient Features

3- RCEP

a-

b- What if India don't join TPP?

c- Should India Join TPP?

d- Questions

e- Some more info on RCEP

1-

2-

3-Questions
4- Whats next plan?
 Lecture 44, 45, 46: L6/P3: Foreign Trade Policy 2015: Region wise strategy
for US,EU,China,Russia
1- Strategies to boost Exports-- Need updation from latest foreign trade policy 2023
a- Region Wise
Lecture 47: L6/P6: BoP-Capital Account: QE/FT, Fed Rate cut,Rate Hike:Their
impact on India

1- Capital Account

a- FII
1-

2- Budget specific

--Check FDI permit percentage & ceiling cap from latest economic survey
 3- FIPB : Got abolished in may 2017 by union finance minister Arun jaitley
Reason of Abolishment:
1- making rules & procedures easier to follow.
2- Facilitate ease of doing business.
3- Boost FDI inflows.
New approval resp. -> individual ministeries & concerned
sectors of GOI.

b- Loans
--Types: Soverign , external Commercial loans
1- External loans
a-Components of external debt

b- External debt Ranking

 Questions
What is quantitative easing?
RBI buying financial assets from comm. banks & other private institutions

Eg: Quantitative easing by us

Points to ans: 1- 2-
a-

b-

3-Solutions to problems arising due to Quatitative

easing in US
a-

c-

b-

d-

c-
d- Federal Tapering :Gradually reducing in the monthly purchase of assets by federal reserve

Its the process of slowing down the rate at which quantitative easing is done.

3-
1- 2-

4-

e- Dangerous approach to have full capital account

f- concluding the solution to above question

Lecture 48 : L6/P7: Chinese Forex Reserve, Undervalued Yuan & Merchantile
Policy: How?

1- How exchange rates are handled?

Already discussed in L3/P2

a-

b-How china achieved trillion $ ?

1-

2- Labour abuse in china 3-China leads in exports,how?

3- How does china keeps yuan undervalue?

a- Free market economy, will make

yuan strong
 b- But yuan is kept undervalued using following method

3-

1-
2-

4- China's Balance of Payment

a- BOP has to be Zero

=>
b-Cons of having large forx reserve - Acc. E Survey-2014

c- Pros of having large forex reserve

Check the BOP diagram for india &

see how india can maintain Current Account
surplus, which will help in augmenting the forex reserve,
Lecture 49 : L6/P8: GIFT City & international financial service center (IFSC)
Features-Benefits
- Possible questions on the topic

a-
1-
Why $ investment in dubai
instead in US directly?

DIFC = Dubai International financial centre

b-

c- Balance of Payment(BOP) Component of dubai

2- What is GIFT City?

a- b-

brownfield ?

c- GIFT rules
1-

d- Guidelines

e- IFSC Banking Unit

f-Challenges
g- Legal challenges

h-Benefits

--- Questions
Lecture 50 : L7/P1: infrastructure bidding, bottleneck & financing, PPP-Case Study
GMR Intl. Airport
1- Overview of the lecture

2- Amrut Mahotsav 2022- 6 pillars

3- Why Infra ?
4- Roles of Govt. in INFRA. Development

5- Transport Infrastructure

a-Road Infrastructure
1-Things to cover as self-study
1- Trasport- IYB
2- Road safety Bill
3- Infrastructure corridors- IYB
4- Golden vs diamond quadrilaterals

a- Golden vs diamond quadrilaterals

b-NHAI functions, financing

2- Public private partnership(PPP) in Airport
a-

b-GMR Hyd. airport

c- Role of different stake holder in airport development

d-Problems in setting up an airport

1- Not ease of doing buisness - lots of clearance
needed to run an airport.
2- Global slowdown
e- reason of buisness falldown
1- Over-leverage

a-

b-

c-

2- Why did companies overleveraged?

a-
d-

b-

c-

-- Questions

Problem - Infrastructure Bottleneck

 3- 3-P india Plan
--Proposed by Arun jaitley
--Responsible for the regulation, management, and financial structures of Public Private Partnership
Projects in India.
-- Toll
a-

3- Electronic Toll
4- Issues with Highway Road projects

a- Stalled Projects

Solution given by survey for stalled project issue

b- other problems
c- Power/electricity projects
1-Problems

2- Solution

d- Solution to avoid stalled projects

1- Precautions during Bidding

2- During financing stage

--Questions