Source: Hindustan Times What is the News? India gave a major defeat to China when the Director-General of Coast Guard, K Natarajan, was elected as the next executive director of the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP). About ReCAAP: ReCAAP is the first regional government-to-government agreement to… Continue reading India defeats China for ReCAAP elections with Quad on its side
Brown vs Green Trap
Source: Times of India Relevance: To study the path for a green economy. Synopsis: The more the world push towards a green economy, the more expensive the campaign will become and less will be the chance to achieve its aim & limit the worst effects of global warming. Introduction: Governments around the world are focused… Continue reading Brown vs Green Trap
Avoid arbitrary regulation
Source : Business Standard Relevance : Issues with the latest decision of RBI on deferment of the guidelines Synopsis : The deferment of RBI’s guidelines on Overdrafts and current accounts, which were laid down in August last year, has been criticized as an arbitrary regulation. The deadline for implementation of the circular has been pushed… Continue reading Avoid arbitrary regulation
Fiscal action by the Centre must take over from monetary policy
Source: Livemint Relevance: Importance of fiscal policy measures to promote economic growth Synopsis: Monetary policy has done its part, both through rate cuts and other forms of support, to get our economy going. Now, it’s the turn of India’s fiscal authority to step up efforts to promote growth. What is fiscal policy? Fiscal policy is the… Continue reading Fiscal action by the Centre must take over from monetary policy
India’s godowns are overflowing. So why are people starving?
Source: Indian Express, Down to Earth Relevance: Understand the challenges of food security in times of COVID Synopsis Undernourishment has been a global challenge over the last few decades. This has been further highlighted by the state of Food Security and Nutrition in the World (SOFI) report released by the UN. Findings of the SOFI… Continue reading India’s godowns are overflowing. So why are people starving?
How to save Banni Grasslandsfrom invasive species? Here’s what a new study suggests
Source: Down to Earth Relevance: To analyze the findings of the report by ATREE to study the impact on Banni grasslands. Synopsis: A study by ATREE (Ashoka Trust for Research in Ecology & Environment) & Sahjeevan (Volunteer Organisation) to study the impact of Prosopis Juliflora on Banni Grasslands Context: Prosopis Juliflora, a non-native tree species,… Continue reading How to save Banni Grasslandsfrom invasive species? Here’s what a new study suggests
Rewiring Indian Inc
Source: Indian Express Relevance: Changed dynamics in Indian economy after 1991 reforms Synopsis: 1991 reforms was a transformational step for the Indian economy, causing a tremendous shift in the way business was carried out in India. An analysis of the changes brought by the reforms and its impact. Changes brought by 1991 reform Centrality of… Continue reading Rewiring Indian Inc
Retrospective taxation and the Taxation Laws (Amendment) Bill – Explained, pointwise
Introduction The government has recently introduced the Taxation Laws (Amendment) Bill, 2021, in Parliament. The bill seeks to nullify the contentious retrospective tax law by amending the Income Tax (IT) Act of 1961 and the Finance Act of 2012. By the 2012 amendment, the government permitted itself to tax entities retrospectively in 2012, the government has so far made 17… Continue reading Retrospective taxation and the Taxation Laws (Amendment) Bill – Explained, pointwise
Not always fair game
Source: The Hindu Relevance: This article explains the new amendment passed by the TN government to ban online gaming and the court verdict around it Synopsis Tamil Nadu government, driven by the desire to control the menace of online gambling, has moved legislation to ban online games like rummy and poker. Introduction: The Tamil Nadu… Continue reading Not always fair game
China’s border games
Source: Business Standard Relevance: China’s border strategy against India Synopsis: China’s strategy of push and shove to solidify its position along the LAC requires bold and decisive action from India. Context Recently, China’s President made a three-day visit to Tibet. Featuring prominently in his programme was the Tibetan town of Nyingtri (or Nyingchi) which is… Continue reading China’s border games
