9 PM Daily Current Affairs Brief – August 4th, 2021

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 – August 4th, 2021

Measures being proposed to curb resurgence of COVID wave

Source: Livemint Synopsis  Various governments have adopted various strategies for handling the Covid pandemic. Is making vaccination compulsory the right strategy?  Making Vaccine Compulsory in India – will not be a good choice because:  There is a mismatch between the demand and supply of vaccines.   If made compulsory for any group, would lead to… Continue reading Measures being proposed to curb resurgence of COVID wave

Skills mission underperforms on training, placement goals

Source: Livemint Contents1 Synopsis 2 About the Pradhan Mantri Kaushal Vikas Yojana(PMKVY)3 Performance 4  Monitoring mechanism of the Scheme  Synopsis  Given India’s young population and vast labour force, Skills India Mission was expected to give huge dividends. However, as per the recent data, the mission seems to be underperforming.  About the Pradhan Mantri Kaushal Vikas Yojana(PMKVY) The… Continue reading Skills mission underperforms on training, placement goals

Preventable abuse: SC calls out wrongful use of preventive detention. Such arrests must be made only in rare cases

Source: Times of India Contents1 Synopsis 2 What is preventive detention? 3 What is the current issue? 4 SC Observation in this matter  Synopsis  The courts have made adverse remarks in the matter of preventive detention. This has raised the debate of fundamental rights and freedom as offered in the constitution.  What is preventive detention?  It means the detention… Continue reading Preventable abuse: SC calls out wrongful use of preventive detention. Such arrests must be made only in rare cases

Poverty in India is on rise again

Source: The Hindu Contents1 Synopsis 2 Measurement of Poverty 3 Rise in poverty figures 4 Reasons for increased poverty  Synopsis  During the 2000’s there was decline in poverty as was indicated by the Government data. However, now multiple data point to a rise in poverty and unemployment.  Context  Source: The Hindu Consumption expenditure survey (CES) is conducted and… Continue reading Poverty in India is on rise again

Exempting select PSUs from minimum free float norm reverses govt stance

Source: Indian Expres Relevance: Changes to minimum public shareholding norms and consequent impact Synopsis: Recently, the Department of Economic Affairs has amended the Securities Contract (Regulation) Rules, 1957 (SCRR). Contents1 Background2 What is MPS?3 Need for MPS4 Rationale behind the move5 Possible Implications: Background Through a recent notification in the government gazette, the Department of… Continue reading Exempting select PSUs from minimum free float norm reverses govt stance

Just Energy Transition

Source: Indian Express Relevance: Achieving a clean energy transition for India, which is just and inclusive. Synopsis: A people-centric approach will help India build a clean and inclusive energy future and also provide a model for other countries and communities worldwide. Contents1 Current scenario in India2 Challenges3 How India can achieve a just energy transition?4… Continue reading Just Energy Transition

Privacy checks can be built into software architecture

Source: Livemint Relevance: Protecting Right to Privacy and enabling digitization Synopsis: India’s Data Empowerment and Protection Architecture (DEPA) is becoming an important tool to strengthen the privacy framework in India. It not only gives us better control over our data transfers, but also covers nearly all the modern principles that are central to privacy. Contents1… Continue reading Privacy checks can be built into software architecture

Finance Panel for appointing HC judges as NCLT members to reduce litigation

Source: Business Standard Contents1 What is the News?2 Problems in the IBC Process:3 Recommendations of the Standing Committee on Finance:4 Terms to know:  What is the News? The Standing Committee on Finance of the Lok Sabha has recommended overhauling the entire IBC (Insolvency and Bankruptcy Code) process. Click Here to Read about Insolvency and Bankruptcy… Continue reading Finance Panel for appointing HC judges as NCLT members to reduce litigation

How e-RUPI can make welfare payments easier?

Source: Live Mint What is the news? Government of India recently launched e-RUPI which can make welfare payments easier and more efficient, and to an extent looks like the precursor of a Central Bank Digital Currency (CBDC). Must Read: What is e-RUPI and how does it work? What will e-RUPI be used for?  The most… Continue reading How e-RUPI can make welfare payments easier?

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