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  • Why ISRO’s ‘docking’ mission today is critical for India’s space ambitions?

    Why in the News?

    Recently, the Indian Space Research Organisation (ISRO) launched its Space Docking Experiment (SpaDeX) in space with a PSLV rocket.

    What is SpaDeX mission? 

    • The SpaDeX mission, or Space Docking Experiment, is a significant initiative by the Indian Space Research Organisation (ISRO) aimed at demonstrating advanced in-space docking technology.
    • Docking technology involves manoeuvring two spacecraft into the same orbit, aligning them precisely, and physically joining them to enable modular assembly, resupply, crew transfer, or sample return missions in space.

    What is Space Docking?

    • Space docking refers to the process where two spacecraft in orbit rendezvous and physically connect to form a single entity. It is a highly complex and precise maneuver essential for advanced space missions.
    • Key Steps of Space Docking:
    1. Rendezvous: Involves bringing two spacecraft into the same orbit with minimal distance and velocity difference.
    2. Docking: Establishing a mechanical connection between the spacecraft using specialized docking systems.
    3. Power and Resource Sharing: Once docked, the spacecraft can transfer power, fuel, or crew to support joint operations.

    What is the significance of India’s achievement in space docking technology?

    • Joining an Elite Club: With the successful completion of the SpaDeX mission, India becomes only the fourth country in the world, after the United States, Russia, and China, capable of conducting space docking operations. This positions India as a key player in global space exploration and technology.
    • Foundation for Future Missions: The docking capability is crucial for various upcoming missions, including India’s plans for a lunar sample return mission (Chandrayaan-4) and establishing its own space station by 2035. The ability to dock spacecraft allows for complex missions that require multiple launches and assembly in orbit.

    How does the SpaDeX mission contribute to India’s future space exploration goals?

    • Support for Lunar Missions: SpaDeX is designed to demonstrate technologies necessary for future lunar missions, particularly for Chandrayaan-4, which will involve multiple components that need to be docked in space before proceeding to the Moon.
    • Bharatiya Antariksh Station: The mission is a critical step towards building the Bharatiya Antariksh Station (BAS), which will consist of several modules that must be docked together in orbit. The first module is expected to launch by 2028.
    • Satellite Servicing and Interplanetary Missions: The docking technology developed through SpaDeX will facilitate satellite servicing missions and interplanetary missions, enhancing India’s capabilities in space exploration.

    What technological advancements were demonstrated through the SpaDeX mission?

    • Innovative Docking Technology: The mission showcases advanced docking techniques using two small satellites (SDX01 and SDX02), which require high precision due to their smaller size compared to typical spacecraft. This necessitates more intricate maneuvering during the docking process.
    • New Sensors and Systems: SpaDeX employs various new sensors such as Laser Range Finders and Rendezvous Sensors to ensure accurate measurements during docking.
      • Additionally, it utilizes a new processor for determining relative positions and velocities, paving the way for future autonomous docking systems.
    • Biological Experiments: For the first time, ISRO is conducting biological experiments in space with the CROPS (Compact Research Module for Orbital Plant Studies), which will study plant growth under microgravity conditions. This adds a new dimension to India’s space research capabilities.

    Way forward: 

    • Enhancing Autonomous Docking Systems: Focus on developing fully autonomous docking capabilities for complex missions, enabling seamless execution of lunar, interplanetary, and modular space station operations.
    • Strengthening Collaborative Ventures: Leverage international partnerships to exchange expertise and expand applications of docking technology in satellite servicing, resupply missions, and deep-space exploration.

    Mains PYQ:

    Q What is India’s plan to have its own space station and how will it benefit our space programme?(UPSC IAS/2019)

  • UPI duopoly’s rise and market vulnerabilities

    Why in the News?

    In just eight years, UPI now handles nearly 80% of India’s digital transactions which valued at ₹20.60 lakh crore in August, despite challenges like PhonePe and Google Pay’s market dominance.

    What are the implications of market concentration in the UPI ecosystem?

    • Systemic Vulnerability: The dominance of two Third Party App Providers (TPAPs) for online transactions like UPI PhonePe and Google Pay, which together control over 85% of the market share, creates a risk of systemic failure.
      • Any disruption in their services could significantly impact the entire UPI ecosystem, given that nearly 80% of transactions occur through these platforms.
    • Reduced Competition and Innovation: The high market concentration discourages competition, leading to fewer incentives for innovation among existing players. Smaller or new entrants face significant barriers to entry due to the scale and resources of the dominant TPAPs, stifling diversity in service offerings.
    • Foreign Dominance Risks: Both leading TPAPs are foreign-owned, raising concerns about data security and sovereignty. This foreign dominance can lead to potential vulnerabilities in terms of data protection and access to sensitive information about Indian users.

    How effective are regulatory measures in addressing duopoly issues?

    • Regulatory Challenges: The National Payments Corporation of India (NPCI) has attempted to address market concentration by capping TPAP market shares at 30%. However, this measure has not been effectively enforced, with extensions granted that allow dominant players to maintain their substantial market positions.
    • Limited Impact of Existing Regulations: Despite regulatory intentions, the continued growth of PhonePe and Google Pay indicates that existing measures have not sufficiently mitigated the risks associated with a duopoly. The potential increase in market share cap from 30% to 40% may further entrench the dominance of these platforms rather than promote a competitive landscape.

    What strategies can smaller players adopt to compete in this landscape?

    • Innovation and Niche Services: Smaller players can focus on niche markets or specialized services that cater to specific user needs, differentiating themselves from larger competitors. This could include unique features or localised services that appeal to underserved populations.
    • Collaboration and Partnerships: Forming alliances with banks, fintech companies, or other service providers can help smaller players leverage resources and technology to enhance their offerings and reach a broader audience.
    • User Education and Trust Building: Investing in user education about digital payments and building trust through transparent practices can attract users who may be hesitant to switch from established platforms. Emphasizing security features and customer support can also enhance user confidence.

    What should the Indian Government do to reduce the dependency? (Way forward)

    • Enforce and Strengthen Regulatory Caps: Mandate strict enforcement of market share caps for TPAPs and ensure timely compliance to prevent excessive concentration. Introduce penalties for non-compliance and avoid extensions to foster a competitive ecosystem.
    • Promote Indigenous Development: Provide financial incentives, subsidies, and grants to Indian TPAPs to enhance their competitiveness. Encourage innovation through dedicated programs and regulatory frameworks that support startups in the payments space.

    Mains PYQ:

    Q Is inclusive growth possible under market economy? State the significance of financial inclusion in achieving economic growth in India. (UPSC IAS/2021)

  • Household Consumption Expenditure Survey, 2023-24

    Why in the News?

    The Household Consumption Expenditure Survey (HCES) 2023-24 highlights key trends in consumption patterns across India. It is conducted by the National Statistical Office (NSO) every 5 years.

    Household Consumption Expenditure Survey, 2023-24

    Important Highlights of HCES, 2023-24:

    • Rural Spending: Monthly per capita consumption expenditure (MPCE) increased by 9.3% to ₹4,122 in 2023-24 (from ₹3,773 in 2022-23); significantly higher than ₹1,430 in 2011-12.
    • Urban Spending: MPCE rose by 8.3% to ₹6,996 (from ₹6,459 in 2022-23); up from ₹2,630 in 2011-12.
    • Rural-Urban Gap: Narrowed to 69.7% in 2023-24, compared to 71.2% in 2022-23 and 83.9% in 2011-12.
    • Food Expenditure: Share increased to 47.04% in rural and 39.68% in urban households, reversing a decades-long decline.
      • Rural households spent most on beverages and processed food (11.09%), followed by milk products (8.44%) and vegetables (6.03%).
      • Urban households spent most on beverages and processed food (9.84%), milk products (7.19%), and vegetables (4.12%).
      • Decline in expenditure on sugar and salt, with rising spending on beverages and processed foods, signaling dietary shifts.
    • Non-Food Expenditure: Accounted for the majority in both rural (52.96%) and urban areas (60.32%).
      • Major rural non-food expenses: Conveyance (7.59%), medical expenses (6.83%), and clothing & bedding (6.63%).
      • Major urban non-food expenses: Conveyance (8.46%), entertainment (6.92%), and durable goods (6.87%).
        Regional Variations:
    • Highest MPCE: Sikkim (Rural – ₹9,377; Urban – ₹13,927) and Chandigarh (Rural – ₹8,857; Urban – ₹13,425).
    • Lowest MPCE: Chhattisgarh (Rural – ₹2,739; Urban – ₹4,927).
    • States with largest rural-urban gaps: Meghalaya (104%), Jharkhand (83%), and Chhattisgarh (80%).
    • Consumption Inequality: Gini coefficient declined from 0.266 to 0.237 in rural areas and 0.314 to 0.284 in urban areas, indicating reduced income disparity.

    Features and Significance

    • Consumption Trends: Indicates rising food expenditure driven by inflation and evolving post-pandemic behaviors.
    • Narrowing Rural-Urban Gap: Highlights improved rural consumption growth outpacing urban areas.
    • Changing Diet Patterns: Increased preference for beverages and processed foods in both rural and urban households reflects dietary shifts.
    • Regional Disparities: Offers insights into high- and low-spending regions, aiding targeted interventions.
    • Policy Implications: Highlights the need for price stabilization for essentials, rural infrastructure investments, and urban employment growth to address income disparities and rising expenses.

    PYQ:

    [2019] In a given year in India, official poverty lines are higher in some States than in others because:

    (a) poverty rates vary from State to State
    (b) price levels vary from State to State
    (c) Gross State Product varies from State to State
    (d) quality of public distribution varies from State to State

  • [pib] Exercise SURYA KIRAN

    Why in the News?

    The Indian Army contingent has departed for Nepal to participate in the 18th edition of the Battalion-Level Joint Military Exercise SURYA KIRAN.

    About the Exercise Surya Kiran

    • Exercise Surya Kiran is a bilateral joint military exercise conducted annually between India and Nepal since 2011.
    • The 18th edition is being held in Saljhandi, Nepal, from 31st December 2024 to 13th January 2025.
    • It alternates between India and Nepal as the host nation.
    • The Indian Army contingent, consisting of 334 personnel, is led by a battalion from the 11th Gorkha Rifles.
    • The Nepal Army contingent is represented by the Srijung Battalion.
    • The exercise aims to enhance interoperability in areas like jungle warfare, counter-terrorism operations in mountainous terrains, and humanitarian assistance under the United Nations Charter.

    Features and Significance

    • Strengthens combat readiness in jungle warfare and counter-terrorism.
    • Facilitates the exchange of ideas, experiences, and best practices between the armies of both nations.
    • Reinforces the strong cultural and historical ties shared by India and Nepal.
    • Prepares both nations to address shared security challenges effectively.

    PYQ:

    [2024] Which of the following statements about the Exercise Mitra Shakti-2023 is/ are correct?

    1. This was a joint military exercise between India and Bangladesh.
    2. It commenced in Aundh (Pune).
    3. Joint response during counter-terrorism operations was a goal of this operation.
    4. Indian Air Force was a part of this exercise.

    Select the answer using the code given below:

    (a) 1, 2 and 3

    (b) 1 and 4

    (c) 1 and 4

    (d) 2, 3 and 4

  • Marine Heatwave killed four million Alaska seabirds

    Why in the News?

    The 2014-2016 Pacific marine heatwave (MHW) killed over four million common murres (Uria aalge) (IUCN: Least Concerned) in Alaska. A study published in Science revealed that this event marked the largest recorded vertebrate die-off linked to warming oceans.

    About Marine Heat Waves (MHWs)

    Details
    What is it?
    • As per the National Oceanic and Atmospheric Administration (NOAA), prolonged periods of sea surface temperatures rising 3 to 4°C above average for at least five consecutive days.
    • IMD defines a marine heat wave (MHW) as a period when the sea’s temperature is above the 90th percentile(seasonally varying threshold) for at least 5 consecutive days.
    • Can last from weeks to years, depending on intensity and extent.
    • Frequency: Increasing in both occurrence and intensity due to climate change.
    • Identified as one of the most significant stressors on global marine ecosystems, causing large-scale disruptions.
    Key Observations on MHWs 2014-2016 Pacific MHW:

    • Caused the death of over 4 million common murres (Uria aalge) in Alaska, the largest vertebrate die-off linked to warming oceans.
    • Highlighted rapid and severe population declines in marine birds and a lack of ecosystem recovery even years later.
    • Increasing frequency and intensity are reshaping ecosystems, creating new survival challenges for marine species.
    • Evidence of shifts in marine environments, disrupting population dynamics.
    Impacts of MHWs On Ecosystems: 

    • Mass Mortality: Loss of habitat-forming species like kelps and corals, degrading ecosystems.
    • Trophic Cascades: Displacement of lower-trophic species and reduced ecosystem productivity.

    On Marine Species: 

    • Reduced breeding success and increased mortality.
    • Example: 2014–2016 Pacific MHW killed half the common murre population in Alaska.

    On Biodiversity: 

    • Loss of key predators disrupts food webs.
    • Threatened species face survival challenges due to limited adaptability.

     

    PYQ:

    [2020] With reference to Ocean Mean Temperature (OMT), which of the following statements is/are correct?

    1. OMT is measured up to a depth of 26ºC isotherm which is 129 meters in the south-western Indian Ocean during January-March.
    2. OMT collected during January-March can be used in assessing whether the amount of rainfall in monsoon will be less or more than a certain long term mean.

    Select the correct answer using the code given below:

    (a) 1 only

    (b) 2 only

    (c) Both 1 and 2

    (d) Neither 1 nor 2

  • [30th December 2024] The Hindu Op-ed: Incidents on loop, but it’s escape for regulator, airlines

    PYQ Relevance:

    Q. What is the need for expanding the regional air connectivity in India? In this context, discuss the government’s UDAN Scheme and its achievements. (CSE 2024)

    Mentor’s Comment: UPSC mains have always focused on the development of Airports (2017), and application in aviation ’ (2013).

    The December 5, 2024, incident involving an Air India Airbus A320 at Goa’s Mopa airport highlights ongoing issues in Indian aviation. The crew rejected takeoff after mistakenly entering a taxiway instead of the runway, a recurring problem. The DGCA, often blaming pilots and neglecting deeper issues, continues to overlook systemic failures in regulation and airline practices, failing to learn from past incidents.

    Today’s editorial addresses the systemic challenges in aviation regulation in India. This content can be used in your Mains answer to highlight challenges related to the aviation sector and how should be resolved the challenges.

    _

    Let’s learn!

    Why in the News?

    The repeated occurrence of similar serious aviation incidents in India highlights shortcomings in regulations and training standards.

    What are the key challenges related to regulations in Indian Aviation?

    • Runway Confusion: There is a long history of runway confusion incidents involving Indian carriers, indicating systemic issues with pilot training and operational protocols.
      • Example (1993): A Jet Airways Boeing 737 on its inaugural flight to Coimbatore mistakenly landed at the Sulur airbase of the Indian Air Force instead of the Peelamedu civil airport.
    • Regulatory Oversight Failures: The Directorate General of Civil Aviation (DGCA) has been criticized for its reactive approach to safety incidents, often blaming pilots rather than addressing underlying systemic failures.
      • Example(Mopa Airport, December 2024): In a recent incident at Mopa Airport in Goa, a pilot from an Air India Airbus A320 crew was forced to abort takeoff after entering a parallel taxiway instead of the main runway. While the blame was placed on the pilot, such incidents highlight the DGCA’s failure to implement corrective measures across the industry.
    • Crew Fatigue and Operational Pressure: Indian regulations regarding flight and duty time limitations are considered weak, leading to crew fatigue and pressure to meet on-time performance (OTP) targets.
      • Example (Kozhikode, 2020): The tragic crash of an Air India Express flight in Kozhikode, which resulted in the death of 21 people, was partly attributed to the pilot’s fatigue and decision-making under pressure. The pilot had been under time constraints due to a tight schedule, resulting in a rushed landing.

    What are the issues related to Addressing Aviation Safety?

    • Inadequate Training: Pilots often lack sufficient training on runway markings and stabilized approach criteria, contributing to repeated errors in navigation and landing.
    • Systemic Accountability: There is a lack of accountability among airlines and regulatory bodies for safety lapses, which prevents meaningful changes from being implemented.
    • Pressure from Management: Operational pressures imposed by airline management can lead to violations of safety protocols, as crews may prioritize performance metrics over safety considerations.
    What are the international legislations related to aviation accidents signed by India?

    Chicago Convention (1944): India is a signatory to the Chicago Convention, which established the International Civil Aviation Organization (ICAO). It sets global standards for aviation safety, air navigation, and accident investigation, obligating India to maintain aircraft airworthiness and investigate aviation incidents.
    Annex 13 to the Chicago Convention: India follows Annex 13, which mandates thorough investigations of aviation accidents and incidents, ensuring corrective actions to prevent future occurrences.
    Montreal Convention (1999): Ratified by India in 2009, this convention outlines airline liability for passenger injury, death, baggage loss, or cargo damage during international flights, establishing compensation frameworks for aviation incidents.
    Warsaw Convention (1929): India is a signatory to the Warsaw Convention, which defines carrier liability for accidents, including passenger injury and death, later modified by the Hague Protocol (1955) and Montreal Convention (1999).
    IATA Membership & EU-India Aviation Safety Agreement: India is a member of IATA, ensuring adherence to global safety standards. It also has a safety agreement with the EU to enhance air transport safety and mutually recognize safety protocols.

    Case study of Singapore Airlines
    Singapore Airlines is renowned for its commitment to service excellence and operational efficiency, achieved through a comprehensive digital transformation strategy:
    Data Utilization: The airline harnessed data analytics to optimize customer service and streamline operations, ensuring a superior travel experience.
    Automation of Processes: By automating various processes, Singapore Airlines improved efficiency and reduced operational costs while maintaining high safety standards.
    Continuous Innovation: The airline consistently invests in new technologies, which has helped it remain competitive in the global market.

    What should be the steps taken to address the problem related to Aviation Safety? (Way forward)

    • Strengthening Regulatory Oversight: The DGCA should enhance its safety audits and ensure strict compliance with ICAO standards to foster a culture of accountability within the aviation sector.
    • Improving Pilot Training: Airlines must invest in comprehensive training programs that emphasize understanding runway markings and adherence to stabilized approach criteria to reduce confusion during operations.
    • Addressing Crew Fatigue: Revising regulations on flight and duty time limitations is essential to prioritize crew rest and well-being over operational efficiency, thereby enhancing overall safety.
    • Promoting Systemic Accountability: Both airlines and regulatory bodies should share responsibility for aviation incidents, implementing systemic changes that prevent recurrence rather than placing blame solely on individual pilots.

    https://www.thehindu.com/opinion/lead/incidents-on-loop-but-its-escape-for-regulator-airlines/article69040616.ece

  • ISRO SpaDEx PSLV-C60 Launch

    Why in the News?

    ISRO’s PSLV will launch 2 satellites, SDX01 and SDX02, into a 476-km circular orbit in the first week of January to conduct the Space Docking Experiment (SpaDEx), marking India’s entry into the elite group of nations capable of mastering Space Docking.

    What is PSLV-C60 SpaDeX Mission?

    • The PSLV-C60 SpaDeX Mission is a landmark mission aimed at demonstrating in-space docking and undocking technology.
    • This mission would position India as the fourth country in the world to master space docking, following the US, Russia, and China.
    • Objective:
      • To demonstrate the docking, undocking, and rendezvous capabilities of two satellites in low-Earth orbit (LEO).
      • Facilitate power transfer between docked spacecraft, an essential capability for future space missions.
    • Satellites: (Each weighing 220kg.)
      • SDX01 (Chaser): Equipped with a High-Resolution Camera (HRC).
      • SDX02 (Target): Carries a Miniature Multispectral Payload (MMX) and a Radiation Monitor (RadMon).
    • Configuration:
      • The satellites will be launched using the Polar Satellite Launch Vehicle (PSLV-C60) in a core-alone (CA) configuration, meaning without strap-on boosters.
      • They will be placed in a 476-km circular orbit with an inclination of 55°.
    • Post-Docking:
      • After the docking demonstration, the satellites will continue standalone missions for two years, conducting imaging, natural resource monitoring, and radiation environment studies.
    • Significance: It is a strategic step towards several ambitious space objectives, including:
      • Preparing for the Gaganyaan human spaceflight program
      • Enabling Chandrayaan-4 lunar sample return missions
      • Developing the Bharatiya Antariksh Station (BAS), India’s proposed space station35

    What is Space Docking?

    • Space docking refers to the process where two spacecraft in orbit rendezvous and physically connect to form a single entity. It is a highly complex and precise maneuver essential for advanced space missions.
    • Key Steps of Space Docking:
    1. Rendezvous: Involves bringing two spacecraft into the same orbit with minimal distance and velocity difference.
    2. Docking: Establishing a mechanical connection between the spacecraft using specialized docking systems.
    3. Power and Resource Sharing: Once docked, the spacecraft can transfer power, fuel, or crew to support joint operations.

     

    PYQ:

    [2018] With reference to India’s satellite launch vehicles, consider the following statements:

    1. PSLVs launch satellites useful for Earth resources monitoring whereas GSLVs are designed mainly to launch communication satellites.
    2. Satellites launched by PSLV appear to remain permanently fixed in the same position in the sky, as viewed from a particular location on Earth.
    3. GSLV Mk III is a four-staged launch vehicle with the first and third stages using solid rocket motors; and the second and fourth stages using liquid rocket engines.

    Which of the statements given above is/are correct?

    (a) 1 only
    (b) 2 and 3
    (c) 1 and 2
    (d) 3 only

  • Real Effective Exchange Rate (REER)

    Why in the News?

    The rupee has been hitting record lows against the US dollar but has simultaneously reached an all-time high in real effective terms. In November 2024, the Real Effective Exchange Rate (REER) index of the rupee touched 108.14, strengthening by 4.5% during the year, according to the RBI.

    What is Effective Exchange Rate (EER)?

    • The Effective Exchange Rate (EER) measures the value of a currency relative to a basket of currencies from its major trading partners.
    • EER is a weighted average of exchange rates, reflecting the importance of each trading partner in a country’s total foreign trade.
    • Types of EER:
    1. Nominal Effective Exchange Rate (NEER):
    • NEER is the weighted average of a currency’s exchange rates with the currencies of its trading partners.
    • It does not adjust for inflation, representing only nominal changes in currency value.
    • Higher NEER: Indicates the domestic currency has appreciated compared to the basket of currencies.
    1. Real Effective Exchange Rate (REER):
    • REER adjusts NEER for inflation differentials between the country and its trading partners.
    • It measures the real purchasing power of a currency, providing insights into its competitiveness in international trade.
    • The base year for REER in India is 2015-16, set at 100.
      • REER > 100: Indicates an overvalued currency, making exports less competitive.
      • REER < 100: Indicates an undervalued currency, making exports more competitive.

    How does it impact Exports?

    REER provides a real measure of currency competitiveness, adjusted for inflation:

    • REER > 100 (Overvalued Currency):
      • Exports suffer, as Indian goods and services become expensive in global markets.
      • Imports rise, as foreign goods become cheaper in comparison.
      • May lead to a widening trade deficit.
    • REER < 100 (Undervalued Currency):
      • Exports thrive, as Indian goods and services are priced more competitively in global markets.
      • Imports decrease, as foreign goods become relatively expensive.
      • Improves the trade surplus and supports domestic industries.

    PYQ:

    [2022] With reference to the Indian economy, consider the following statements:

    1. An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee.
    2. An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness.
    3. An increasing trend in domestic inflation relative to inflation in other countries is likely to cause an increasing divergence between NEER and REER.

    Which of the above statements are correct?

    (a) 1 and 2 only

    (b) 2 and 3 only

    (c) 1 and 3 only

    (d) 1, 2 and 3

  • In news: Parker Solar Probe

    Parker Solar Probe

    Why in the News?

    The Parker Solar Probe has reached 6.1 million km from the Sun’s surface — the closest any human-made object has ever been. At this distance, if the Earth and Sun were 1 meter apart, the probe would be 4 cm from the Sun.

    What is the Parker Solar Probe?

    Details
    About 
    • A NASA mission launched on August 12, 2018, as part of the “Living With a Star” program to study the Sun’s corona and solar winds.
    • Named after Eugene Parker, the first NASA mission named after a living researcher.
      • Size: Comparable to a small car.
      • Instruments: Equipped with four instruments to study electric and magnetic fields, plasma, and high-energy particles.
    • Completed 21 orbits around the Sun and uses Venus flybys to gradually get closer to the Sun.
    How did it manage to come so close to the Sun?   On December 24, 2024, it reached 6.1 million km from the Sun’s surface, the closest any human-made object has been.

    Technologies:

    • Heat Shield: A 4.5-inch carbon-composite shield withstands temperatures up to 1,377°C while keeping instruments stable at 29.4°C.
    • Venus Flybys: Gravitational assists from Venus gradually reduced the orbit.
    • Speed: Travels at 6,92,000 km/h, making it the fastest human-made object.
    Significance of the Mission
    • Scientific Contributions: Provides insights into why the Sun’s corona is much hotter than its surface and the origins of solar winds.
    • Practical Implications: Improves predictions of space weather events that affect satellites, power grids, and communications on Earth.
    • Technological Feat: Demonstrates advanced spacecraft engineering to withstand extreme solar conditions.

     

    PYQ:

    [2010] In the context of space technology, what is “Bhuvan”, recently in the news?

    (a) A mini satellite launched by ISRO for promoting the distance education in India

    (b) The name given to the next Moon Impact Probe, for Chandrayaan-II

    (c) A geoportal of ISRO with 3D imaging capabilities of India

    (d) A space telescope developed by India

  • Should the wealth tax be reinstated in India?

    Why in the News?

    At a New Delhi panel, economist Thomas Piketty proposed taxing India’s super-rich to fund health and education, while Chief Economic Advisor Anantha Nageswaran cautioned against potential fund outflows from higher taxes.

    What are the potential benefits of reinstating a wealth tax?

    • Funding Public Services: A wealth tax could provide significant revenue that could be allocated to critical sectors such as health and education, addressing inequalities in access to these services. This funding could help create a more educated and healthier workforce, ultimately benefiting the economy.
    • Addressing Wealth Inequality: With wealth concentration at historically high levels, a wealth tax could serve as a tool to mitigate inequality, which is increasingly viewed as a fundamental development issue that affects opportunities for many individuals.
    • Encouraging Productive Investments: By taxing unproductive assets like real estate and gold while promoting investments in productive assets such as equities and bonds, a wealth tax could potentially shift capital towards more economically beneficial uses.

    What challenges and criticisms exist regarding the implementation of a wealth tax?

    • Measurement Difficulties: Accurately measuring wealth poses significant challenges. The complexities of defining what constitutes wealth and ownership can lead to loopholes and evasion, as individuals may shift their assets to avoid taxation.
    • Capital Flight Concerns: There is apprehension that high taxation on the wealthy could lead to capital outflows, as individuals may relocate their assets or themselves to countries with lower tax burdens. This concern is particularly pronounced in India, where the public infrastructure may not be sufficient to retain high-net-worth individuals.
    • Historical Ineffectiveness: Previous implementations of wealth tax in India resulted in low collection rates (less than 1% of gross tax collections). The high cost of collection and the challenges of enforcement contributed to its abolishment in 2016-17.
    • Misallocation of Resources: Critics argue that simply imposing a wealth tax does not guarantee effective use of the revenue generated. There are concerns about whether additional funds would improve sectors like education, which already face management inefficiencies.

    How would a wealth tax impact India’s economy and social structure?

    • Economic Growth vs. Redistribution: Proponents argue that addressing inequality through a wealth tax can enhance overall economic growth by expanding opportunities for disadvantaged groups.
      • However, opponents maintain that focusing on growth alone is more beneficial, suggesting that redistribution efforts may not lead to improved outcomes for the economy.
    • Social Cohesion: A wealth tax could potentially foster greater social cohesion by addressing stark disparities in wealth and opportunity.
      • However, if perceived as punitive or ineffective, it might exacerbate tensions between different socioeconomic groups.
    • Investment Climate: A wealth tax could change how people invest in India. Some investors might hesitate because of higher costs, but if the money is used well for public services. It could improve living standards and infrastructure, making India a better place for investment over time.

    Case study: 

    • Norway is often cited as a successful case study for wealth tax implementation. Norway imposes a wealth tax on individuals with a net worth exceeding a certain threshold, which includes various asset classes such as real estate, stocks, and bonds.
    • For 2022, a new step for the state rate is introduced. For net wealth in excess of NOK 20 million (NOK 40 million for married couples), the rate is 0.4%. Thus, the maximum wealth tax rate is 1.1%.

    Way forward: 

    • Efficient Tax Design and Implementation: Develop a clear and transparent framework for wealth taxation to minimize evasion, ensure equitable enforcement, and balance revenue generation with economic growth.
    • Focus on Public Infrastructure: Prioritize effective allocation of tax revenue to critical sectors like health and education, addressing inefficiencies to build trust and maximize social and economic benefits.

    Mains question for practice:

    Q “Reinstating a wealth tax in India could be a tool for reducing inequalities and funding critical public services. However, its implementation poses several economic and administrative challenges.” Critically analyse this statement in the context of India’s socio-economic landscape. (250 words) 15M

    Mains PYQ:

    Q Enumerate the indirect taxes which have been subsumed in the Goods and Services Tax (GST) in India. Also, comment on the revenue implications of the GST introduced in India since July 2017. (UPSC IAS/2019)