Centre gives in, says will borrow to make up for states’ GST shortfall

News: The Central government has decided to borrow up to Rs 1.1 lakh crore on behalf of the states to meet the shortfall of Goods and Services Tax(GST) compensation. Facts: Borrowing Mechanism: Under the Special Window, the estimated shortfall of Rs 1.1 lakh crore will be borrowed by Centre in appropriate tranches.The amount so borrowed… Continue reading Centre gives in, says will borrow to make up for states’ GST shortfall

Constitutional government

A constitutional government is the one that is defined by the constitution of the country. A constitution can merely be a set of fixed norms or principles or a legal instrument accepted in the country as a framework for the polity of the country. Constitution of a country is supreme law of the land, it is… Continue reading Constitutional government

Universal Declaration of Human Rights (UDHR)

General Assembly of the United Nations, on 10 December 1948, announced the 30 rights and freedoms that belong to everyone, under Universal Declaration of Human Rights (UDHR). The Universal Declaration promises to all the economic, social, political, cultural and civic rights that underpin a life free from want and fear. Articles under Universal Declaration of… Continue reading Universal Declaration of Human Rights (UDHR)

MPLAD Scheme

MPLAD is a central government scheme, under this scheme any MPs are empowered to recommend development programmes involving the spending every year of Rs 5 crore in their respective constituencies. MPLADS guidelines states that the objective of the scheme is to enable MPs to recommend works of developmental nature with emphasis on the creation of durable community… Continue reading MPLAD Scheme

New FCRA Norms might result in fund crunch for philanthropy and CSR

Source: Live Mint Syllabus: GS2: Development Processes and the Development Industry — the Role of NGOs, SHGs, various groups and associations, donors, charities, institutional and other stakeholders. Context: New norms on foreign donations and covid-19 could end up shrinking the money pool for philanthropy and CSR. What are the changes over the years? The Foreign… Continue reading New FCRA Norms might result in fund crunch for philanthropy and CSR

Declining Role of Parliament in India

Context- The role of Parliament as a platform for ensuring accountability of the executive and use of its instruments for ensuring criticism, deliberation and even consensus-making has declined in the past few years.  What are the current issues reducing the relevance of Parliament?  Role of parliamentary committees – To strengthen the lawmaking process, it is important that all Bills are examined by Standing… Continue reading Declining Role of Parliament in India

Eligibility for Free Legal Services

The National Legal Services Authority (NALSA) has been constituted under the Legal Services Authorities Act, 1987 to provide free Legal Services to the weaker sections of the society and to organize Lok Adalats for amicable settlement of disputes. In every State, State Legal Services Authority has been constituted to give effect to the policies and… Continue reading Eligibility for Free Legal Services

GST Compensation Issue and cooperative federalism

Source: Indian Express Context: Issue of compensating states for the loss of their GST revenues What is the background of the issue? Creation of the GST Council in 2017, to levy GST (unified domestic consumption tax) was hailed as a great example of cooperative federalism. Concerned with loss of revenue due to the new GST… Continue reading GST Compensation Issue and cooperative federalism

The Chanda Kochhar case raises issues of corporate governance that go well beyond her

The Chanda Kochhar case raises issues of corporate governance that go well beyond her corporate governance News: The article discusses the CBI report on erstwhile ICICI bank CEO MS. Chanda Kochhar and standards of corporate governance in India. Facts: Recently Central Bureau of Investigation filed an FIR against Ms. Chanda Kochhar, her husband Deepak Kochhar,… Continue reading The Chanda Kochhar case raises issues of corporate governance that go well beyond her

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