Context: The recent amendment by the Union Territory administration in the Jammu and Kashmir Civil Services (Verification of Character and Antecedents) Instructions, 1997 make stricter norms for government jobs in Jammu and Kashmir. Changes in the new amendment: No person can get a government job in Jammu and Kashmir without a satisfactory CID report on their antecedents. The Appointing authorities… Continue reading For govt job, J&K now wants CID nod, details of kin’s ‘political activity’
Category: 9 PM Daily Articles
Explained: What govt proposes to change in film certification
What is draft Cinematograph (Amendment) Bill 2021? Context: Last week, the Centre released the draft Cinematograph (Amendment) Bill 2021 to the general public for comments until July 2. The new draft proposes to amend the Cinematograph Act of 1952 with provisions that will give the Centre “revisionary powers”. The new draft will also enable it to “re-examine” films already cleared by the… Continue reading Explained: What govt proposes to change in film certification
Measles vaccine effective against COVID
News: Measles-containing vaccines (MCVs) might offer children some protection against Covid-19 infection, shows early evidence from a study by researchers from BJ Medical College in Pune. The study analyzed 548 participants (aged 1 to 17) who were split into two groups – those who have tested positive for Covid (via RT-PCR) and those who haven’t. Findings of the study … Continue reading Measles vaccine effective against COVID
China’s realpolitik lesson to India
Context: The well-known historian Avtar Singh Bhasin’s latest book “Nehru, Tibet and China” answers a simple question: As both India and China emerged in their current avatars at the end of the 1940s, what went wrong in relations between them and why. About the India-China war in 1962: Like other analysts, he also apportions a large share of the blame… Continue reading China’s realpolitik lesson to India
There’s no easy victory in the country’s crypto cold war
Contents1 India’s Pessimistic attitude towards Crypto currencies 2 Reasons for India’s Pessimistic attitude 3 Consequences of India’s disposition towards Crypto currencies: Aggrieved investors 4 Way forward India’s Pessimistic attitude towards Crypto currencies The Reserve Bank of India (RBI) is pessimistic about the use of Cryptocurrencies in India. Consistently, the RBI had highlighted the disadvantages of using cryptocurrencies. Further,… Continue reading There’s no easy victory in the country’s crypto cold war
The issue of MSME financing gap
Synopsis: Micro, small and medium (MSME) enterprises act as the backbone of wealthy economies. However, pandemic has worsened the issue of delayed payments for their goods and services. It is causing MSME financing gap. What are the issues facing MSMEs? Micro, small and medium (MSME) enterprises are the backbone of a healthily balanced economy. They supply components, intermediate goods and services… Continue reading The issue of MSME financing gap
PMC Bank gets some cooperative support, but revival to take time
What are the regulatory conditions for Urban-Cooperative Banks in India? Context: The Centrum-Bharat Pe combined and takeover a bankrupt urban cooperative bank. The RBI has also granted an “in-principle” approval to Centrum Financial Services and BharatPe to set up a small finance bank (SFB). This marks the first instance of NBFCs, high-net worth individuals and fintech being allowed entry in the urban-cooperative bank (UCB) space. Regulatory conditions for urban-cooperative bank (UCB): The RBI in 2019 brought… Continue reading PMC Bank gets some cooperative support, but revival to take time
Towards a more federal structure
Why India needs better tax sharing mechanism between Center and States? Context: The current policy of tax sharing between center and states will increase the regional differences. Current policy of Tax sharing mechanism in India: In India, direct taxes go entirely to the Central government. State governments get funds from the Central government according to the Finance Commission’s recommendations. Though this is… Continue reading Towards a more federal structure
GST: A turning point?
How to improve Tax to GDP ratio with GST? Context: For the last 25 years, our tax-to-GDP ratio has been stuck at between 16 and 17 per cent. This is severely constraining our fiscal capacity to devote more resources to our underinvested sectors such as education and health. How to improve tax to GDP ratio with GST? The goods and services… Continue reading GST: A turning point?
China’s Huawei seeks access to Trusted Source Portal
News: Chinese telecom gear giant Huawei Technologies has sought permission for access to the government’s ‘Trusted Telecom Portal’ so that it can share details about the telecom products which telecom service providers have agreed to buy from it. Contents1 What is the ‘Trusted Telecom Portal (TTP)’? 2 What is the National Security Directive? 3 So, why has Huawei sought permission to access TTP? 4 Problems with the… Continue reading China’s Huawei seeks access to Trusted Source Portal
