Must Read News Articles – October 5

ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 19 April. Click Here for more information.

ForumIAS Answer Writing Focus Group (AWFG) for Mains 2024 commencing from 24th June 2024. The Entrance Test for the program will be held on 28th April 2024 at 9 AM. To know more about the program visit: https://forumias.com/blog/awfg2024

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Social Issues

Why Indian Intelligence is spooked by global index of modern slavery: (Indian Express, Editorial)

What does an ILO-backed report say about the country? Why have its methodology and conclusions been questioned by the IB?


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Indian Economy

RBI holds interest rates, warns against fiscal laxity: (The Hindu)

Says govt. measures to spur growth risk widening deficit.

GST network braces for biggest challenge: (The Hindu)

Matching invoices of GSTR 1 and 2 will be a Herculean task.

Steadying hand: (The Hindu, Editorial)

By holding policy rates, the RBI shifts focus to the government to give a fillip to growth.

Waiting for the cut: (The Hindu, Editorial)

It’s not a useful strategy. Because the heavy-lifting to revive growth must be done by government, not RBI.

Focus on inflation prompts status quo despite recent growth jitters: (Live Mint, Editorial)

RBI’s MPC now expects inflation to range between 4.2-4.6% in H2FY2018, suggesting that the retention of the neutral stance is justified, despite the recent growth jitters.

RBI: Neutral over dovish: (Live Mint, Editorial)

As long as it is adhering strictly to the inflation-targeting framework, RBI has little wiggle room to revive growth without sacrificing some policy credibility.

Pollution and conservation

Coal-fired projections: (The Hindu, Editorial)

The draft energy policy fails to consider several critical issues involved in the ongoing energy transition.


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