Storm brewing? Gujjars unhappy with 1% quota:

Storm brewing? Gujjars unhappy with 1% quota: Context Gujjars in Rajasthan are unhappy over the Bharatiya Janata Party government’s latest decision to grant them 1% reservation within the 50% ceiling mandated by the Supreme Court What has happened? At present, the overall reservation in the state stands at 49%. Along with Gujjars, nomadic communities Banjara,… Continue reading Storm brewing? Gujjars unhappy with 1% quota:

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Defusing stress 

Defusing stress  Context RBI report underlines that the bad loan problem will get worse before it gets better. In long run, bank governance will be key Financial Stability Report The latest edition of the Financial Stability Report released by the RBI makes for grim reading. Worsening Asset Quality It has warned about the worsening asset… Continue reading Defusing stress 

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Hitting the GST hurdle 

Hitting the GST hurdle  Context Experience is the name the wise give to their mistakes. Through lessons learned from Modvat and later from VAT (which are also based on the same concept of tax credit, as in GST), it would be simple, even now, to gauge what GST would bring about.  Failure of Modvat &… Continue reading Hitting the GST hurdle 

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WTO: nations arrive at a crossroads 

WTO: nations arrive at a crossroads  Context ‘India will have to quickly forge a grand alliance to protect interests and prevent mayhem’ Trump poses problems According to multiple sources, the Trump administration reneged at the last minute on an earlier commitment by the U.S., and instead sought many onerous conditions — in proposed WTO norms… Continue reading WTO: nations arrive at a crossroads 

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Panel exhorts centre to contain bank NPAs 

Panel exhorts centre to contain bank NPAs  Context Concerned over rising NPAs of banks, a Parliamentary panel asked the government to take urgent remedial measures to reduce the volume of stressed assets in the system and strengthen its vigilance mechanism. Says guidelines alone not working, urges strict follow up The Committee on Petition in its… Continue reading Panel exhorts centre to contain bank NPAs 

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The price of justice 

The price of justice  Context Government needs to invest more in the judiciary to reduce pendency Controlling the judiciary In the first paragraph author has pointed out as to how in a democracy, political leaders try their best to keep a check on the judiciary and the best way of doing so is too keep its… Continue reading The price of justice 

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Fast track alimony payment: Centre 

Fast track alimony payment: Centre  Context Fast tracking of alimony process What has happened? Expressing concern over delay in disbursing money awarded as maintenance to women by courts, the Centre has asked the High Courts to set up a mechanism to fast-track the process What the law minister has said? All the stakeholders, the Government… Continue reading Fast track alimony payment: Centre 

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Place on record amended draft of Tribunal Rules:SC 

Place on record amended draft of Tribunal Rules:SC  What has happened? The Supreme Court has directed the Centre to place on record the amended draft of the Central Tribunal, Appellate and other Authorities (Qualifications, Experience and other conditions of Service of Members) Rules, 2017, which is under challenge for modifying the terms of appointment and… Continue reading Place on record amended draft of Tribunal Rules:SC 

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New sanctions are an act of war 

New sanctions are an act of war  Context Sanctions on N Korea What has happened? The UN Security Council unanimously imposed new sanctions on North Koreaon Friday for its recent intercontinental ballistic missile (ICBM) test, seeking to limit its access to refined petroleum products and crude oil and its earnings from workers abroad  What does the… Continue reading New sanctions are an act of war 

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