Good evening dear reader<\/p>\n
Here is our 9pm current affairs brief for you today<\/p>\n
About 9 PM Brief<\/strong>- With the 9 PM Daily Current affairs for UPSC brief we intend<\/span> to simplify the newspaper reading experience. In 9PM briefs, we provide our reader with a summary of all the important articles and editorials from three important newspapers namely The Hindu, Indian Express, and Livemint. This will provide you with analysis, broad coverage, and factual information from a Mains examination point of view.<\/p>\r\n About Factly<\/strong>- The Factly initiative covers all the daily news articles regarding Preliminary examination. This will be provided at the end of the 9 PM Brief.<\/p>\r\n Dear Aspirants,<\/p>\r\n We know for a fact that learning without evaluation is a wasted effort. Therefore, we request you to please go through both our initiatives i.e 9PM Briefs and Factly, then evaluate yourself through the 10PM Current Affairs Quiz.<\/p>\r\n We plan to integrate all our free daily initiatives to comprehensively support your success journey. List of 9 PM Current Affairs Articles<\/strong><\/p>\n Source: <\/strong>click here<\/a><\/p>\n Syllabus: <\/strong>GS – 2- India and its neighborhood- relations<\/p>\n Synopsis:<\/strong> India has a deep security relationship with the India Myanmar military<\/a>. It is not in India’s interest to intervene in Myanmar’s politics.<\/p>\n Introduction <\/strong><\/p>\n Military rule has returned to Myanmar after a coup. Aung San Suu Kyi along with other political leaders have been detained by the Military.<\/p>\n Similar events had taken place in Myanmar 30 years ago. But this time, India\u2019s reaction is going to be very different from its stand in 1989-90.<\/p>\n India gave a statement of deep concern over the developments in Myanmar. However, its reaction is going to be different from the past because of the following reasons:<\/p>\n Till now, India enjoyed a balanced relationship with both civil and military establishments of Myanmar. But after this coup, India\u2019s capacity to <\/strong>maintain a balanced relationship on both sides has diminished.<\/p>\n Source: <\/strong>click here<\/a><\/p>\n Syllabus: <\/strong>GS – 3 – Economy<\/p>\n Synopsis: <\/strong>The recently released budget has got a few things right, but there are some issues as well.<\/p>\n Introduction <\/strong><\/p>\n The government’s response to distress in the economy was below expectations. Public spending was just over 1% of GDP. It was in a situation when GDP growth was in the negative zone and the unemployment rate was high.<\/p>\n In this budget, the government has proposed increasing public investment by 34.5% in the upcoming fiscal year. It is a positive step for the economy.<\/p>\n However, the finances for investment depend upon several factors like tax revenue, disinvestment proceeds, sale of rail and road assets, etc.<\/p>\n How this Public Investment would be realized?<\/strong><\/p>\n What are the issues in the budget?<\/strong><\/p>\n Way forward<\/strong><\/p>\n There is a need to consider alternative long-term sources, preferably from domestic sources, or international development agencies to make DFI a success.<\/p>\n Source:<\/strong> The Hindu<\/a><\/p>\n Syllabus: GS 2-Parliament and State Legislatures- Budgeting<\/p>\n Synopsis: \u00a0<\/strong>A close analysis of Budget 2021 reveals that the Government is following the principle of fiscal conservatism. The policy of Fiscal spending was the need of the hour.<\/p>\n Why the government resorts to fiscal conservatism?<\/strong><\/p>\n Falling revenues had forced the government to restrict its aggregate spending. Some of the issues that contributed to falling revenues are,<\/p>\n Because of the above reasons the total expenditure for 2021-22 is projected to rise only by just 0.95% compared to revised estimates for 2020-21.<\/p>\n What are the signs of a continuation of Fiscal conservatism in Budget 2021?<\/strong><\/p>\n 2. Second, Allocation to health and wellbeing <\/strong><\/p>\n As per the Budget, the government has increased its spending on health and capital expenditure<\/strong>.<\/p>\n However, closer scrutiny of budget allocations for health suggests otherwise. For example,<\/p>\n 3. Third, the allocation for infrastructure investment<\/strong><\/p>\n As per the budget, Capital spending is increased by 35% compared to the previous year. (from \u20b94.12-lakh crore in 2020-21 to \u20b95.54-lakh crore in 2021-22)<\/p>\n But the Budget estimate for infrastructure will also not be adequate. Because of the following reasons,<\/p>\n Even before the pandemic recedes, the government seems to restore the old normal. i.e., Fiscal Conservatism. It is still continuing with the same path.<\/strong><\/p>\n Source: The Hindu<\/a><\/strong><\/p>\n Syllabus: GS 2-Parliament and State Legislatures- Budgeting<\/strong><\/p>\n Synopsis: The evaluation of <\/strong>Budget 2021 is done on three parameters. First, on the credibility of the Budget. Second, it’s potential to deliver adequate domestic output and jobs. Third, on how the Budget raises resources.<\/p>\n What is the Credibility of the Budget 2021?<\/strong><\/p>\n Steps taken to provide adequate domestic output and jobs<\/strong><\/p>\n What steps were taken to raise resources and improve investment?<\/strong><\/p>\n Way forward<\/strong><\/p>\n <\/p>\n Factly :-News Articles For UPSC Prelims | Feb 2, 2021<\/a><\/p><\/blockquote>\n
Happy Learning!<\/strong><\/p>\r\n<\/div>\n
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\n<\/li>\n<\/ol>\n<\/a>India- Myanmar relations after Coup<\/a><\/h2>\n
Why is India\u2019s reaction going to be different this time?<\/strong><\/span><\/h3>\n
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\n<\/a>Budget 2021: Despite some hits, the Budget has crucial misses<\/a><\/h2>\n
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\n<\/a>Budget 2021: Continues with fiscal conservatism<\/a><\/h2>\n
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\n<\/a>Evaluation of Budget 2021<\/a><\/h3>\n
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\nDaily Factly Articles – 2nd feb. 2021<\/strong><\/h3>\n