Highlights of the Economic Survey 2021-22

The Union Minister for Finance & Corporate Affairs has presented the Economic Survey 2021-22 in Parliament. What is the Economic Survey? The Economic Survey is a report on the state of the economy in the past one year, the key challenges it anticipates, and their possible solutions. One day before the Union budget, the Chief… Continue reading

What is Pegasus Spyware Controversy?

A New York Times report has claimed that the Indian government had bought the Pegasus Spyware in 2017. What is Pegasus? Pegasus is a spyware developed by NSO Group, an Israeli surveillance firm that helps spies hack into phones. In 2019, when WhatsApp sued the firm in a U.S. court, the matter came to light.… Continue reading

What is Reverse Repo Normalization?

In a recent report, the State Bank of India, which is the largest public sector bank in the country, has stated that the stage is set for a reverse repo normalization. What is Monetary Policy Normalisation? The RBI keeps tweaking the total amount of money in the economy to ensure smooth functioning by two types… Continue reading

[Sansad TV] Perspective: Keeping Drones in Check

UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here) Context The potential use of drones in a terrorist incident or attack against a critical infrastructure and soft targets is a growing concern for law enforcement agencies worldwide. India has also witnessed increased rogue drone activity along its Western border with Pakistan… Continue reading

Anganwadis should provide early childhood care and education

Context The National Education Policy, 2020 has rightly highlighted the importance of early childhood care and education (ECCE), vital for the young child’s early cognitive, social, and emotional development. Need for focus on early childhood care and education (ECCE) The National Family Health Survey-5 (NFHS-5) finds only 13.6 per cent of children enrolled in pre-primary… Continue reading

Electoral bond scheme

Context Ever since its introduction, the electoral bond scheme has envenomed the democratic process, by destroying altogether any notion of transparency in political funding. Issue of anonymity in electoral bond The electoral bond scheme is designed to allow an individual, or any “artificial juridical person”, including body corporates, to purchase bonds issued by the State… Continue reading

States must decide on SC/ST quota in promotions: Supreme Court

The Supreme Court has refused to lay down the criteria for determining the inadequacy of representation for granting reservation in promotions for Scheduled Caste and Scheduled Tribe candidates in government jobs. What did the court held? The court stuck firm by the decisions of its Constitution Benches in the Jarnail Singh and M. Nagaraj case… Continue reading

NeoCov Coronavirus found in Bats

NeoCov coronavirus found in bats may pose threat to humans in the future, scientists caution. Coronavirus: A quick backgrounder Coronaviruses are a large family of viruses that are known to infect animals and humans. They are largely categorized into four genera — alpha, beta, gamma, and delta. Broadly speaking, alpha and beta coronaviruses commonly infect… Continue reading

[Burning Issue] Supreme Court Guidelines for Quotas in Promotions

UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here) Context The Supreme Court refused to lay down the “yardstick” for determining the inadequacy of representation for granting reservation in promotions for Scheduled Caste and Scheduled Tribe candidates in government jobs. The court’s judgement came in a batch of petitions from across… Continue reading

[Sansad TV] Perspective: Candidates with Criminal Record

UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here) Context Political parties in 5 states are pulling out the stops in their quest for winning candidates. Most are even overlooking criminal backgrounds of candidates. It is also a heated issue in some states like UP where contesting candidates have been accused… Continue reading

What is Anti-Dumping Duty?

India has initiated an anti-dumping probe against imports of a certain type of tiles, used for covering the floors in residential and commercial buildings, from China, Taiwan and Vietnam following a complaint by domestic players. Why in news? Countries start anti-dumping probes to determine whether their domestic industries have been hurt because of a surge… Continue reading

What is America COMPETES Act?

The US has unveiled the Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength (COMPETES) Act of 2022 that proposes to open up new vistas for talented individuals from across the world with a new start-up visa. What is the COMPETES Act? The bill provides $52 billion to encourage more semiconductor production in the… Continue reading

Govt tweaks spending norms for Contingency Fund of India

The government has tweaked spending norms for Contingency Fund of India, allowing 40% of the total corpus to be placed at disposal of the Expenditure Secretary. What are the proposed changes? Budget 2021-22 proposed to enhance the Contingency Fund of India from ₹500 crore to ₹30,000 crore through Finance Bill. An amount equivalent to 40… Continue reading

What are Padma Awards?

The central government has announced the names of Padma awardees for this year. What are Padma awards? The Padma awards are the highest civilian honor of India after the Bharat Ratna. They are announced every year on the eve of Republic Day. The awards are given in three categories: Padma Vibhushan (for exceptional and distinguished… Continue reading

Corruption Perceptions Index (CPI), 2021

The 2021 Corruption Perception Index by Transparency International places India 85th on a list of 180 countries, one position above last year. Corruption Perceptions Index (CPI) The CPI is an index which ranks countries “by their perceived levels of public sector corruption, as determined by expert assessments and opinion surveys.” The CPI generally defines… Continue reading

Who are the Chakmas and Hajongs?

In Arunachal Pradesh, the Chakma and Hajong people are feeling heat since the State government decided to conduct a special census in December 2021. What is the news? The North-Eastern States have had a history of being paranoid about outsiders outnumbering the indigenous communities and taking their land, resources and jobs. The threat from “non-locals”… Continue reading

Specie in news: Spot-billed Pelicans

A nematode infestation has led to mass mortality of spot-billed pelicans (Pelicanus philippensis) at Telineelapuram Important Bird Area (IBA) in Andhra Pradesh. Spot-billed Pelicans The spot-billed pelican (Pelecanus philippensis) or grey pelican is a member of the pelican family. It breeds in southern Asia from southern Iran across India east to Indonesia. It is a… Continue reading

Dealing with the macroeconomic uncertainties

Context Macroeconomic uncertainties are mounting. Impact of US Fed’s decision Against the backdrop of possible interest rate hikes by the U.S. Federal Reserve and the taper tantrum, there is pressure on the Reserve Bank of India (RBI) to increase its interest rates to prevent capital outflows. The monetary policy corridor is still “accommodative” to support… Continue reading

Places in the news: Sittwe Port

Context Notwithstanding the unfortunate developments since the Tatmadaw took over, a recalibration exercise for developing a robust relationship with Naypyidaw is the need of the hour. Need for proactive neighbourhood policy with Myanmar Security and economic interests: India should implement an unbiased and proactive “Neighbourhood First” strategy that facilitates the Act East policy crucial for India’s… Continue reading

What is a K-shaped Economic Recovery?

Former RBI Governor Raghuram Rajan has said that the government needed to do more to prevent a K-shaped recovery of the economy hit by the coronavirus pandemic. K-Shaped Recovery A K-shaped recovery occurs when, following a recession, different parts of the economy recover at different rates, times, or magnitudes. This is in contrast to an… Continue reading

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