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. Read Previous 9 PM Brief<\/a><\/p>\n Article wise list of 9 PM Brief<\/a><\/p>\n List of 9 PM Current Affairs Articles<\/strong><\/p>\n New Farm Laws and Labour Codes is the way forward<\/strong><\/a><\/p>\n Sri Lanka has pushed India and Japan out from the Colombo Terminal Project<\/strong><\/a><\/p>\n Source: The Indian Express<\/a><\/b><\/p>\n Syllabus: <\/b>GS-3 \u00a0<\/strong>Issues related to direct and indirect farm subsidies and Issues related to direct and indirect farm subsidies\u00a0<\/span><\/p>\n Synopsis:<\/b> The agriculture and labour reforms passed recently creates a condition for productivity and enhance growth. This benefits millions of small farmers and unorganised workers.<\/span><\/p>\n Farm Laws and the changes it brings:\u00a0<\/b><\/p>\n In India, Farmers earn less than people engaged in the services sector. This difference is not common in all countries.<\/span><\/p>\n How the earlier existing laws were problematic to farmers? How the new farm laws are of help?<\/b><\/p>\n The Green Revolution and subsidies have expanded India\u2019s agricultural production. But the farmers have not gained. This is because the mediators have taken 40-60 per cent of the profit. The problems with the earlier laws are,\u00a0<\/span><\/p>\n Labour reforms and the changes it brings:<\/strong><\/p>\n First, multiple labour laws have not encouraged employment creation<\/b>. These laws have created hindrances for job creation due to the high costs of compliance. For example, India\u2019s employment elasticity with respect to GDP growth is 0.2. China and Bangladesh have an elasticity of 0.44. And 0.38 respectively.<\/span><\/p>\n What is employment elasticity?<\/p>\n Employment elasticity is a measure of how employment varies with economic output. For example, An employment elasticity of 1 implies that with every 1 percentage point growth in GDP, employment increases by 1%.<\/p>\n<\/div>\n Suggestions to improve further:<\/b><\/p>\n Source- The Hindu<\/a><\/strong><\/p>\n Syllabus \u2013 GS 2 – <\/strong>Effect of policies and politics of developed and developing countries on India\u2019s interests<\/p>\n Synopsis –<\/strong> Sri Lankan government has been forced to revoke a 2019 deal with India and Japan. The deal was to build the East Container Terminal (ECT) at Colombo Port. They cancelled the deal after facing intense resistance from trade unions across the region.<\/p>\n Background-<\/strong><\/p>\n Significance of the ECT Project for India – <\/strong><\/p>\n What made Sri Lanka break the tripartite agreement on ECT project?<\/strong><\/p>\n However, Sri Lanka has approved another proposal to develop the West Container Terminal [WCT] of the Colombo port<\/strong> with Japan and India. India has not commented on the proposal.<\/p>\n Way forward-<\/strong><\/p>\n <\/p>\n Factly :-News Articles For UPSC Prelims | Feb 6, 2021<\/a><\/p><\/blockquote>\n
Happy Learning!<\/strong><\/p>\r\n<\/div>\n
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\n<\/div>\n<\/a>New Farm Laws and Labour Codes is the way forward<\/a><\/h3>\n
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\n<\/li>\n<\/ul>\n<\/a>Sri Lanka has pushed India and Japan out from the Colombo Terminal Project<\/a><\/h3>\n
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