AIR 446 · CSE 2024 · GS3 · 56 pages

Madhavi: GS3 answer copy

20 answers by Madhavi, as written in the test. Each question opens a page with how other toppers answered it.

The questions

The answers

Question 1 · 10 marks · 141 words written

What are the challenges and opportunities in India's integration with the Global Value Chain to improve the business climate and ensure inclusive growth?

Opening

Due to globalisation, There have been changes in the economic nature of the world i.e change in one corner affects the other corner of the globe.

India's integration with the global value chain :

Improve the business climate ↳ by providing wide array of opportunities, by bringing new technology ↳ competition to adopt better measures

Inclusive growth ↳ by involving various sections of the society ↳ women empowerment ↳ promoting gig economy . .

opportunities for India:

↳ India's population crossing 1.3 billion, huge human capital especially in this demographic dividend .

↳ Increased remittances and FDI .

however challenges:

Body · points

  1. brain drain

  2. WTO's issues in compelling the terms

  3. International crisis like Arab, Russia Ukraine conflict

  4. China's increased influence .

Close

India's increased pesence in the global market has been increasing her bargaining power to demand global power status.