Source: TOI What is the News? According to a report, the Standing Committee of the National Board for Wildlife (SC-NBWL) had approved the diversion of around 1,792 hectares of wildlife habitat in protected areas. What are the projects cleared by the Standing Committee of the National Board for Wildlife(SC-NBWL)? The SC-NBWL had considered 82 proposals,… Continue reading In 2020, wildlife board cleared land diversion for 48 projects
Category: 9 PM Daily Articles
Three economic risks in need of mitigation plans
Source: Live Mint Synopsis: RBI’s Financial Stability Report listed Inflation, a reversal of capital inflow, and lenders’ mounting bad assets are all listed as potential threats. All three should be avoided. Introduction Many central banks throughout the world have recently taken various measures to deal with economic pressures. Markets have become agitated as a result… Continue reading Three economic risks in need of mitigation plans
Why liberal democracies have a distinct edge on cyber capability
Source- Live Mint Synopsis – Key finding of Cyber Capabilities and National Power Reports. Relevance – Cyber capability is a new domain of competition among nations. The report ranks countries, which will provide a clear picture of, how capable are countries in this domain. Introduction- The International Institute of Strategic Studies net assessment of Cyber Capabilities… Continue reading Why liberal democracies have a distinct edge on cyber capability
Despite so many feats, GST still a work in progress
Source: Business Standard Relevance: GST is a comprehensive indirect tax(IDT) that comprises a majority of India’s IDT. Synopsis: The GST is still a work in progress. Hopefully, the GST Council will rediscover the spirit of cooperative federalism and move forward. Improvements after the GST: Due to the introduction of GST, Voluntary tax compliance increased, tracking… Continue reading Despite so many feats, GST still a work in progress
The problem now with the military synergy plan
Source: The Hindu Relevance: Establishment of theatre commend is one of the foremost aims of top leadership of security forces. Synopsis: There is need to address the structural gaps before the creation of theatre commands. Background: The Indian military continues to work in silos. Thus, Prime Minister issued directions to bring about jointness among forces. First… Continue reading The problem now with the military synergy plan
Rural Economy Recovery
Source: Indian Express Relevance: Synopsis: The government has changed its fiscal strategy. It went all out last year to shield the rural economy and households by way of free food, free gas, front-loading PM-Kisan payments, increasing MGNREGA allocation, moratoriums etc. Background: A large part of the resilience of the rural economy last year stemmed from… Continue reading Rural Economy Recovery
Bharat-Net fails to enter fast lane – Both phases staring at delay amid COVID
Source- The Indian Express Relevance: Bharat-Net project is very important for digitisation of rural India Synopsis – The Union cabinet revised the Bharat-Net implementation strategy to speed up the rollout of high-speed optical fiber-enabled broadband. Introduction- The Bharatnet project was meant to cover all 2.5 lakh gram panchayats [GM] with high-speed optical fiber-enabled broadband. It… Continue reading Bharat-Net fails to enter fast lane – Both phases staring at delay amid COVID
India’s OECD tax deal may have revenue implications, say experts
Source: Business Standard Relevance: Equalisation Levy and Global minimum Tax rate aim to tax digital services at the global level. Synopsis: Agreeing to the Global minimum Tax rate will impact India’s Equalisation Levy and create revenue implications. About the Deal: India recently joined the OECD-G20 framework for a global minimum tax. But the deal will… Continue reading India’s OECD tax deal may have revenue implications, say experts
SEBI’s new rules for Independent directors
Source: Indian Express Synopsis: The new rules for independent directors aim to ensure checks and balances. Background: The recent controversy over the issuance of preference shares by PNB Housing Finance has raised concerns over the role of independent directors in India. Such concerns over the independence of independent directors are not new. Questions have repeatedly… Continue reading SEBI’s new rules for Independent directors
India to divert excess waters under Indus treaty to irrigate own land
Source: Livemint What is the News? India is working on exercising its rights to stop excess water flowing to Pakistan under the Indus Waters Treaty of 1960 to irrigate its own lands. About Indus Water Treaty: The Indus Water Treaty,1960 is a water-distribution treaty between India and Pakistan with the World Bank also being a… Continue reading India to divert excess waters under Indus treaty to irrigate own land
