9 PM Daily Current Affairs Brief – January 21st, 2022

Dear Friends We have initiated some changes in the 9 PM Brief and other postings related to current affairs. What we sought to do: Ensure that all relevant facts, data, and arguments from today’s newspaper are readily available to you. We have widened the sources to provide you with content that is more than enough and… Continue reading 9 PM Daily Current Affairs Brief – January 21st, 2022

New tax regime disincentivizes charity donations, says study

What is the news?  Budget of 2020 option introduced an optional tax regime for personal income tax.  What was this optional tax regime?  Under this a taxpayer can choose between two structures. One structure, the older one, has higher rates and incentivizes philanthropic giving. The other one has lower rates but does not incentivize donations.  These changes were analyzed in a study… Continue reading New tax regime disincentivizes charity donations, says study

Environment Ministry’s plan to rank states draws ire

News  Union Environment Ministry has recently brought out a proposal of ranking States on how quickly they could give environmental clearances to proposed infrastructure projects.  Many environmentalists have objected to this step and also stated that it contravenes the basic principles of environmental regulation.   What are State Environmental Impact Assessment Agencies (SEIAA) and What do they do?  SEIAA consists of State officers… Continue reading Environment Ministry’s plan to rank states draws ire

Drop the IAS cadre rules amendments

News: Recently, the Union Government proposed to amend Rule 6 (Deputation of cadre officers) of the Indian Administrative Service (Cadre) Rules 1954. To know about the existing rules, proposed amendments, reasons for amendment, challenges and way forward Read here: Deputation of Cadre Officers and the Proposed Amendments – Explained, pointwise Source: This post is based… Continue reading Drop the IAS cadre rules amendments

Explained: The concern over 5G and flight safety

News: Air India and several other airlines have cancelled flights to the US. They are worried that the 5G roll-out there may affect aircraft and passenger safety, a concern raised by Boeing and Airbus in the past. Read more about the issue here; https://forumias.com/blog/why-5g-roll-outs-are-disrupting-flights-to-the-us/ How do flight radar altimeters help in safe flight operations? For… Continue reading Explained: The concern over 5G and flight safety

Should the government loosen its purse strings?

News: Experts discuss the perceived threats due to inflation and suggests what governments fiscal policy can do to contain inflation Some analysts believe that the government must limit its spending to prevent price rise from getting out of control. (Retail inflation is close to 6%, the wholesale inflation rate is in double digits). Other analysts,… Continue reading Should the government loosen its purse strings?

Say’s Law works: Supply does create its own demand

News: Supply-based interventions can help in increasing demand and thereby have a positive impact on the economy. That is why they are a popular public-policy choice. What is “Says law”? It says supply creates its own demand. However, John M. Keynes has refuted “Say’s Law”. According to Keynes, say’s law was the only major tenet… Continue reading Say’s Law works: Supply does create its own demand

Amazon’s legal entanglement in India offers a cautionary tale

News: Amazon’s legal dispute throws light on uncertainties, quality of legal and regulatory protection that investors face in India. What is Amazon’s legal dispute? Recently, Amazon was fined by the Indian competition watchdog. Its capital infusion in Future Coupons during 2019 was put in suspension. The Competition Commission said it was denied an opportunity to… Continue reading Amazon’s legal entanglement in India offers a cautionary tale

About the India State of Forest Report (ISFR) 2021: Counting trees properly

News: The India State of Forest Report (ISFR) 2021 has been released by the Ministry of Environment, Forests and Climate Change (MoEFCC). What is the Indian state of Forest Report 2021? ISFR 2021 shows an increase of 154 0 km² of Forest area.  They also contain data on growing stocks, carbon stock, forest cover etc. The assessment is… Continue reading About the India State of Forest Report (ISFR) 2021: Counting trees properly

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