💥Mains Ready By December. Smash Mains & Smash PYQ Admissions Open
Talk to Mentor

Civilsdaily

Login

GS Paper: GS3

  • What is Presidential Fleet Review?

    The President of India recently took part in the Indian Navy’s 12th Presidential Fleet Review.

    What is the President’s Fleet Review?

    • In simplest terms, it is the country’s President taking stock of the Navy’s capability.
    • It showcases all types of ships and capabilities the Navy has.
    • It takes place once under every President, who is the supreme commander of the armed forces.
    • The President is taken on one of the Naval ships, which is called the President’s Yacht, to look at all the ships docked on one of the Naval ports.
    • The yacht will be distinguished by the Ashoka Emblem on her side and will fly the President’s Standard on the Mast”.

    Importance of Presidential Fleet Review

    • A fleet review is usually conducted once during the tenure of the President.
    • So far, 11 Presidential Fleet Reviews have been conducted since Independence, of which two have been International Fleet Reviews, in 2001 and 2016.
    • In terms of significance, the Navy’s Presidential review is second only to the Republic Day Parade.
    • The President will be given a 21-gun salute before embarking on the yacht.

    Do all naval ships participate?

    • The idea is to showcase not all the Navy’s ships, but every type of ship — and the kind of capabilities it has at that time.
    • The review also includes merchant ships as well.

    What else happens in the fleet review?

    • In this most formal of naval ceremonials, each ship dressed in full regalia will salute the President as he passes.
    • The President will also be reviewing the Indian Naval Air Arm in a display of spectacular fly-past by several helicopters and fixed-wing aircraft.
    • In the final stage of the review, a mobile column of warships and submarines will steam past the Presidential Yacht.

    How many of these reviews have been held?

    • There have been 11 President’s Fleet Reviews since Independence.
    • The first was conducted in 1953, under Dr Rajendra Prasad.
    • The next one was done not by the President but by the then Defence Minister, Y B Chavan, in 1964.
    • Since then, it has been the President reviewing the fleet.
    • The longest gap between reviews was of 12 years — between 1989 (President R Venkatraman) and when 2001 (President K R Narayanan).
    • The last one was done in 2016, under President Pranab Mukherjee.

    Significance of the event

    • It is one of the most important events for the Navy, which is essentially showing its allegiance and commitment to defending the country.
    • It is a long-standing tradition followed by navies across the world, and according to Navy officials it is a strong bond that links seafarers of the world.
    • Historically, a Fleet Review is an assembly of ships at a pre-designated place for the purpose of displaying loyalty and allegiance to the Sovereign and the state.
    • In turn, the Sovereign, by reviewing the ships, reaffirms his faith in the fleet and its ability to defend the nation’s maritime interest.
    • It is perhaps conceived as a show of naval might. Though it still has the same connotation, assembling of warships without any belligerent intentions is now the norm in modern times.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • How uniform power cost and electricity duty can achieve higher growth

    Context

    Electricity prices vary not just among end users, but also between states, where a complex patchwork of different taxes and subsidy regimes can leave consumers in some states paying five times more for their electricity than their counterparts in neighbouring states.

    Deprivations faced by Low Income States in India

    • The low-income States (LIS) are deprived on many fronts.
    • They have low accessibility to credit, low investments, low power availability and accessibility, and high energy costs.
    • The high-income States (HIS), on the other hand, have a big share in industry and commerce because they are not deprived on the same fronts.
    • The six HIS (Maharashtra, Tamil Nadu, Gujarat, Karnataka, Andhra Pradesh and Telangana) together account for 56.4% of factories and 54.3% of the net value added to the country, while their share in population is only 32.3%.
    • Among other reasons, this is because they have higher credit and financial accessibility (55% of total institutional credit and 56% of total industrial credit went to these five HIS) at the credit-deposit ratio.
    • On the other hand, the six LIS (Bihar, Jharkhand, U.P., M.P., Odisha, and Rajasthan) access only 15% of total institutional credit and barely 5% of total industrial credit, while their share in population is 43%.
    • The maximum benefit of the Atmanirbhar package (₹20 lakh crore) also went to the HIS as they have a higher share in industry.

    Role of power supply in disparity among states

    • Among other reasons, the availability of adequate quality power at the cheapest rate attracts investments, either private or public, in a particular location.
    • Due to a complex patchwork of different taxes and subsidy regimes, electricity prices vary not just among end users, but also between states.
    • This can leave consumers in some states paying five times more for their electricity than their counterparts in neighbouring states.

    Solutions

    •  Energy India Outlook 2021 provides two solutions.

    1] Eliminate price discrimination by synchronising all regional grids

    • The power-producing States have the advantage of power,  being available at lower prices.
    • This problem can be addressed by synchronising all the regional grids.
    •  This will help the transfer of energy (without compromising quality).
    • The idea is of ‘One Nation, One Grid, One Frequency’.
    • Further, this will pave the way for establishing a vibrant electricity market and facilitate the trading of power across regions through the adoption of the ‘one tariff’ policy.
    • The Central Electricity Regulatory Commission is in the process of implementing a framework of the Market-Based Economic Dispatch and moving towards ‘One Nation, One Grid, One Frequency, One Price’.

    2] Include electricity duty in GST

    • Apart from uniform cost, the power sector also needs uniformity in electricity duty charged by different States.
    • In general, the association between income and electricity consumption is direct.
    • Thus, only 32% of the population used 50% of power.
    • Contrary to this, six backward States got only 25% of the power though their share of the population is 43%.
    • Therefore, it is clear that the substantial proportion of the power cost incurred in HIS is also borne by the LIS which buy those industrial products, as the input cost of power has already been included in the product’s price.
    •  Further, this situation justifies the fact that the final costs of power consumption are also borne by other States.
    • Thus, the electricity duty should be redistributed among the States under the ambit of GST equally shared by the CGST and SGST.

    Conclusion

    In order to attain higher economic growth, the States should raise the issue of uniform energy tariff and inclusion of electricity duty under the ambit of GST.

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • Can dark matter be composed, even partly, of black holes?

    A recent hypothesis says that dark matter comprises a large number of compact objects such as primordial black holes.

    What are Dark Matters ?

    • Astronomical observations suggest that a significant part of the universe is made up of dark matter which interacts with the rest of the universe only through the gravitational pull.
    • Many large lab experiments have tried to detect elementary particles that could be candidates for dark matter.
    • However, such dark matter particles have not been detected until now.
    • Several astronomical observations suggest that all galaxies are embedded in a “halo” of dark matter.
    • The “visible” galaxy is like a disc embedded in a dark matter halo that is much larger in size.

    What is the recent proposition?

    • When the universe was very young, hot and dense – soon after the Big Bang, it must have had quantum fluctuations of its density.
    • This, in turn, would have caused some regions to become extremely dense, and therefore, to collapse under their own gravity to form the primordial black holes.
    • While we have no conclusive evidence of spotting these objects, some of the binary black hole mergers detected by the LIGO gravitational wave detectors might be primordial black holes.
    • The question is open there is good reason to believe that primordial black holes did form in the young universe.

    Observing dark matter: Gravitational Lensing

    • The paper explores what happens when such objects get in the way of gravitational waves traveling towards the Earth from the distance.
    • It invokes a phenomenon called gravitational lensing that is used regularly in astronomy.
    • When light travels through space and passes near a massive or compact body – a star, a galaxy or a black hole, for example, the intense gravity of that body may attract the light towards it.
    • This causes bending it from its rectilinear (straight line) path.
    • This phenomenon is known as gravitational lensing and was first observed by Arthur Eddington in 1919.

    How intense are they?

    • Massive objects like galaxies can bend light significantly, producing multiple images, this is called strong lensing.
    • Lighter objects like stars or black holes bend light less, and this is called micro-lensing.
    • A similar lensing can happen to gravitational waves travelling towards the Earth, and this would leave signatures in the detected gravitational waves.
    • This can be used to detect the presence, or the existence, of primordial black holes.

    Assessing dark matter

    • Until now, individual black holes have not marked out these signatures on gravitational waves detected by the LIGO-VIRGO detectors.
    • However, if all of the dark matter is made of primordial black holes, they should have produced detectable signatures on the gravitational wave signals.
    • The researchers use the non-observation of the lensing signatures to assess what fraction of the dark matter could be made of black holes.

    Way ahead

    • This provides a new way of constraining the nature of dark matter.
    • The study concludes that black holes in the mass range from a hundred to a million solar masses can contribute only up to 50-80% of the dark matter in the universe.
    • This is an upper limit and the actual fraction can be much smaller.
    • These upper limits will get better and better with more and more observations.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • Lucy Mission to probe Jupiter’s Trojan Asteroids

    NASA is set to send its first spacecraft to study Jupiter’s Trojan asteroids to glean new insights into the solar system’s formation 4.5 billion years ago.

    Lucy Mission

    • Lucy will fly by eight Jupiter asteroids—seven Trojans and one main-belt asteroid — over the next 12 years.
    • It is NASA’s first single spacecraft mission in history to explore so many different asteroids.
    • Lucy will run on solar power out to 850 million km away from the Sun.
    • This makes it the farthest-flung solar-powered spacecraft ever, according to NASA.

    What is Jupiter Trojan Asteroids?

    • Simply known as Trojans, they are a large group of asteroids that share Jupiter’s orbit around the Sun.
    • Thousands of such asteroids exist in a gravitationally stable space.
    • The swarms lead and follow the planet Jupiter along its orbit around the Sun.

    What exactly are Trojans?

    • Lucy’s Trojan destinations are trapped near Jupiter’s Lagrange (L) points, which are gravitationally stable locations — it is where the gravity from the Sun and from Jupiter cancel each other out.
    • This means their orbits are stable and the Trojans are trapped in the space between.
    • This also means that asteroids are as far away from Jupiter as they are from the Sun.
    • Jupiter’s leading and trailing Lagrangian points (L4 and L5) have been stable over the age of the solar system.
    • This means that their orbits have accumulated many, many asteroids.
    • It makes sense to call a Trojan a co-orbital object, which moves around one of the two stable Lagrangian points.

    When and how were they discovered?

    • It took many a scientist to understand Trojans, and subsequently, name them so.
    • A German astrophotographer in 1906 made an important discovery: An asteroid with a particularly unusual orbit. As Jupiter moved, this asteroid remained ahead of Jupiter.
    • It was observed that the asteroid was nearly 60 degrees in front of Jupiter.

    Students with engineering background would better understand who Lagrange was. Rest need not care.

    Lagrange’s propositions

    • This specific position of a particular behavior was predicted by the Italian-French mathematician Joseph-Louis Lagrange over 100 years earlier.
    • Lagrange had argued that if a small celestial body is placed at one of two stable points in a planet’s orbit around the Sun (the L4 and L5), the asteroid would remain stationary from the planet’s perspective.
    • This is due to the combined gravitational forces of the planet and the Sun.
    • Thus, Lagrange’s prediction acquired credibility. More such asteroids were discovered over subsequent months in Jupiter’s Lagrange point L5.

    Behind the name: Lucy

    • It is the fossil of a hominin that lived 3.2 million years ago.
    • She is known to be one of the most famous pre-human fossils in history.
    • Nearly 40 percent of the fossilized skeleton of this hominin was discovered in 1974 by a team of paleoanthropologists led by Donald Johanson.
    • The name was inspired from the famous Beatles song “Lucy in the Sky With Diamonds,” which Johanson’s team listened to at camp the night of their discovery.

    Back2Basics: Lagrange Points

    • Lagrange points are positions in space where objects sent there tend to stay put.
    • They are named after Italian-French mathematician Josephy-Louis Lagrange.
    • At Lagrange points, the gravitational pull of two large masses precisely equals the centripetal force required for a small object to move with them.
    • These points in space can be used by spacecraft to reduce the fuel consumption needed to remain in position.
    • There are five special points where a small mass can orbit in a constant pattern with two larger masses.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • Beyond the hype of blockchain, a look at its reality

    Context

    Blockchain is a fascinating data structure that generates great curiosity. However, there is a lot of hype around the concept and its adoption in diverse fields seems to be faith-based, driven by unsubstantiated vendor and consultant claims.

    Two main functional properties of blockchain

    • A blockchain is a sequential append-only public bulletin board of transaction records with two main functional properties. 
    • 1] Verification by peers: What can get added is reconciled by multiple participating  peers following a pre-decided consensus protocol.
    • This process cannot be gamed under the assumption that a majority of the unrestricted number of peers are honest.
    • 2] Immutable record: recryptographically ensured that it  cannot be altered.
    • Each participating peer normally has their own copy of the entire bulletin board, with identical content, and they can read and further copy at will.

    Applications and their limits

    • Private blockchain: A “permissioned” or private blockchain has only pre-identified participating peers.
    • Hence, collusion is possible and integrity can only be ensured through regulations.
    • Without political decentralisation, consensus does not imply safety, and this is no different from centralisation in its threat model.
    • Privacy concern is not addressed: Despite many claims to the contrary, the blockchain structure has nothing to do with the highly-nuanced notion of privacy, or even the limited secrecy aspect of it.
    • To ensure secrecy of the bulletin board records, one has to fall back on traditional and well-established notions from cryptography — like encryption, key management and zero-knowledge proofs.
    • “Consensus” is inapplicable when there is only one authority responsible for the integrity of the transactions, for example, the Election Commission of India when a vote is cast in the privacy of a polling booth or a person is added or removed from a voters’ list.
    • Issues with use for voting purpose: Also, voting is not the only example of the inadequate analysis of the applicability of blockchain, and there are proposals for using them for land records, asset registers, etc.
    • Most such proposals do not pass muster for reasons similar to voting.
    • The role of blockchain in RBI’s digital currency proposal is similarly doubtful, and convincing methods independent of “consensus” need to be developed to ensure the correctness and verifiability of transactions while protecting user privacy.

    Issues with application for cyrptocurrencies

    • Macroeconomic implications not clear: Currency properties and monetary policies have evolved over thousands of years of bartering, and it is not clear that cryptocurrencies are consistent with them or that the larger macroeconomic implications of cryptocurrencies are well understood.
    • Crypto assets derive their values from their potential to be exchanged for other currencies.
    • Uncertain price determination: Since only a limited set of commodities are traded with crypto assets,  their price determinations with respect to sovereign fiat currencies are uncertain.
    • Potential to increase inequality: Apart from the crucial price stabilisation issues, their potential to further inequality is also considerable.
    • Environmental impact: The total carbon footprint of cryptocurrencies is equivalent to that of a few megacities, and it does seem ungainly, energy-inefficient and unsustainable to mine assets this way.

    Way forward

    • What may help in many of these applications is just the immutable public bulletin board part of a blockchain, with or without encryption and zero-knowledge proofs.
    • This may be simply achieved by the concerned authority periodically publishing the bulletin board in a publicly downloadable forum, and using hash chains verifiable by all to make alterations impossible.
    • Given the carbon footprint associated with cryptocurrencies, it requires regulation and taxation, especially for the potential environmental impacts and because only a few participate.

    Consider the question “What is blockchain technology? What are its potential applications and concerns with these applications?” 

    Conclusion

    Blockchain is certainly an elegant concept whose properties and potential require careful research. The hype of treating them as solutions for everything with not-so-thoughtful use cases is perhaps techno-determinism at its worst.

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • Green Hydrogen Policy

     

    The Ministry of Power has notified the first part of the National Hydrogen Mission policy on green hydrogen and green ammonia, aimed to boost production of hydrogen and ammonia using renewable energy.

    What is green hydrogen?

    • Green hydrogen is hydrogen gas produced through electrolysis of water.
    • It is an energy intensive process for splitting water into hydrogen and oxygen— using renewable power to achieve this.

    Key takeaways of the Green Hydrogen Policy

    • The new policy offers 25 years of free power transmission for any new renewable energy plants set up to supply power for green hydrogen production before July 2025.
    • This means that a green hydrogen producer will be able to set up a solar power plant in Rajasthan to supply renewable energy to a green hydrogen plant in Assam.
    • It would not be required to pay any inter-state transmission charges.

    What are the incentives?

    • The government is set to provide a single portal for all clearances required for setting up green hydrogen production.
    • It will facilitate producers to transfer any surplus renewable energy generated with discoms for upto 30 days and use it as required.
    • The requirement of time bound clearances for these projects would spur investment while grid connectivity on priority will ease operational processes.
    • The energy plants set up to produce green hydrogen/ammonia would be given connectivity to the grid on a priority basis.
    • State DISCOMS may also procure renewable energy to supply green hydrogen producers but will be required to do so at a concessional rate.
    • Such procurement would also count towards a state’s Renewable Purchase Obligation (RPO) under which it is required to procure a certain proportion of its requirements from renewable energy sources.

    Facilities to boost export

    • Under the policy port authorities will also provide land at applicable charges to green hydrogen and green ammonia producers to set up bunkers near ports for storage prior to export.
    • Germany and Japan could be key markets for green hydrogen produced in India.

    Why such move?

    • The move is likely going to make it more economical for key users of hydrogen and ammonia such as the oil refining, fertiliser and steel sectors to produce green hydrogen for their own use.
    • These sectors currently use grey hydrogen or grey ammonia produced using natural gas or naphtha.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • Kerala plans to replace Mullaperiyar Dam

    Kerala plans to build a new dam to replace the 126-year-old Mullaperiyar dam in the Idukki district.

    Mullaperiyar Dam

    • It is a masonry gravity dam on the Periyar River in Kerala.
    • It is located on the Cardamom Hills of the Western Ghats in Thekkady, Idukki District.
    • It was constructed between 1887 and 1895 by John Pennycuick and also reached in an agreement to divert water eastwards to the Madras Presidency area.
    • It has a height of 53.6 m (176 ft) from the foundation, and a length of 365.7 m (1,200 ft).

    Operational issue

    • The dam is located in Kerala but is operated and maintained by Tamil Nadu.
    • The catchment area of the Mullaperiyar Dam itself lies entirely in Kerala and thus not an inter-State river.
    • In November 2014, the water level hit 142 feet for first time in 35 years.
    • The reservoir again hit the maximum limit of 142 feet in August 2018, following incessant rains in the state of Kerala.
    • Indeed, the tendency to store water to almost the full level of reservoirs is becoming a norm among water managers across States.

    The dispute: Control and safety of the dam

    • Supreme court judgment came in February 2006, has allowed Tamil Nadu to raise the level of the dam to 152 ft (46 m) after strengthening it.
    • Responding to it, the Mullaperiyar dam was declared an ‘endangered’ scheduled dam by the Kerala Government under the disputed Kerala Irrigation and Water Conservation (Amendment) Act, 2006.
    • For Tamil Nadu, the Mullaperiyar dam and the diverted Periyar waters act as a lifeline for Theni, Madurai, Sivaganga, Dindigul and Ramnad districts.
    • Tamil Nadu has insisted on exercising the unfettered colonial rights to control the dam and its waters, based on the 1886 lease agreement.

    Rule of Curve issue

    • A rule curve or rule level specifies the storage or empty space to be maintained in a reservoir during different times of the year.
    • It decides the fluctuating storage levels in a reservoir.
    • The gate opening schedule of a dam is based on the rule curve. It is part of the “core safety” mechanism in a dam.
    • The TN government often blames Kerala for delaying the finalization of the rule curve.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • What are Participatory and Non-Participatory Funds?

    The amendment to Section 24 of the LIC Act, brought prior to commencing the IPO, segregated the previously single ‘Life Fund’ into the participatory and non-participatory fund.

    What are Participatory and Non-Participatory Funds?

    • Under a participatory policy, a policyholder can get a share of the profits of the company.
    • This is received as a bonus. Examples of such products offered by LIC include  Jeevan Labh and  Bachat Plus.
    • No such sharing of profits happens under non-participatory products, which under the LIC fold includes policies such as  Saral Pensionand  Nivesh Plus.
    • As all insurance companies do, LIC also reinvests premium monies that policyholders pay.
    • The profits or surplus that comes about, as a result, was till September last year held in one single fund. This was the Life Fund.
    • The surplus was divided in the 95:5 ratio between policyholders (in the form of bonuses) and shareholders (in the form of dividends).

    What has the Amendment changed?

    • But the amendment to Section 24 of the LIC Act has necessitated the segregation of the Life Fund into participatory and non-participatory funds, depending on the nature of the policies they support.
    • The amendment stipulates terms on how surplus is to be shared with respect to participatory and non-participatory funds.
    • As for non-participating funds, surplus from the non-participating business would be transferred to shareholders.
    • Surplus from participatory business, however, would be shared between policyholders and shareholders.

    How does this change impact the shareholder?

    • The change, especially the one that has enabled 100% of the surplus in non-participatory funds to flow to the shareholder, has led to a massive jump in the Indian Embedded Value, or IEV.
    • IEV is a measure of future cash flows in life insurance companies and the key financial gauge for insurers.
    • The embedded value will help establish the market valuation of LIC and determine how much money the government raises in the flotation.
    • That will be crucial for the government to help meet its divestment targets and keep its fiscal deficit in check.

    Why is it a risk, then?

    • LIC has stated in the document that a significant portion of its business premiums come from participating and single premium products.
    • It added, should the participating products generate lower than expected returns for policyholders, it could lead to increased surrenders.
    • This could also potentially bother their financial condition, operations, and cash flows.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • [pib] Extended Producers Responsibility on Plastic Packaging

    The Union Ministry of Environment, Forest, and Climate Change has notified the Guidelines on Extended Producers Responsibility on plastic packaging under Plastic Waste Management Rules, 2016.

    What is EPR?

    • Extended Producer Responsibility (EPR) means the responsibility of a producer for the environmentally sound management of the product (plastic packaging) until the end of its life.
    • India had first introduced EPR in 2011 under the Plastic Waste (Management and Handling) Rules, 2011, and E-Waste Management and Handling Rules, 2011.

    What are the new EPR rules for Plastic Waste?

    (A) Plastic packaging

    • The new EPR guidelines cover three categories of plastic packaging including:
    1. Rigid plastic
    2. Flexible plastic packaging of a single layer or multilayer (more than one layer with different types of plastic), plastic sheets and covers made of plastic sheet, carry bags (including carrying bags made of compostable plastics), plastic sachet or pouches
    3. Multi-layered plastic packaging has at least one layer of plastic and at least one layer of material other than plastic.
    • It has also specified a system whereby makers and users of plastic packaging can collect certificates — called Extended Producer Responsibility (EPR) certificates — and trade in them.

    (B) Ineligible plastics for EPR

    • Only a fraction of plastic that cannot be recycled will be eligible to be sent for end-of-life disposals such as road construction, waste to energy, waste to oil, and cement kilns.
    • Only methods prescribed by the Central Pollution Control Board will be permitted for their disposal.

    Targets for recycling

    • In 2024, a minimum of 50% of their rigid plastic (category 1) will have to be recycled as will 30% of their category 2 and 3 plastic.
    • Every year will see progressively higher targets and after 2026-27, 80% of their category 1 and 60% of the other two categories will need to be recycled.
    • If entities cannot fulfill their obligations, they will on a “case by case basis” be permitted to buy certificates making up for their shortfall.

    Effects on non-compliance

    • Non-compliance, however, will not invite a traditional fine.
    • Instead, an “environmental compensation” will be levied, though the rules do not specify how much this compensation will be.

    Challenges in mandatory EPR

    There are several challenges faced by both producers and bulk consumers that hinder proactive participation.

    • Consumer awareness: Waste segregation has been the greatest challenge in India owing to the lack of consumer awareness.
    • Lack of compliance: The plastic producers do not wish to engage in the process holistically and take the effort to build awareness.
    • Large-scale involvement: The EPR doesn’t take into account the formalization of informal waste pickers, aggregators, and dismantlers.
    • Lack of recycling infrastructure: These challenges range from lack of handling capacity to illegitimate facilities in the forms of multiple accounting of waste, selling to aggregators, and leakages.

    Way forward

    • Tracking mechanism: Develop tracking mechanisms and provide oversight of waste compliance, in order to ensure that the mechanism of waste disposal is streamlined.
    • Strict enforcement: While enforcement strictness is of paramount importance, it is also vital to build an incentive structure around this to ensure better complicity by the producers.
    • Innovation: The time is ripe for innovators to come up with an alternative for plastics and the strong will of the Government to rid the toxic waste in a sustainable and safe manner.

    Try answering this PYQ:

    Q.In India, ‘extended producer responsibility’ was introduced as an important feature in which of the following?

    (a) The Bio-medical Waste (Management and Handling) Rules, 1998

    (b) The Recycled Plastic (Manufacturing and Usage) Rules, 1999

    (c) The e-Waste (Management and Handling) Rules, 2011

    (d) The Food Safety and Standard Regulations, 2011

     

    [wpdiscuz-feedback id=”sv9ethomi6″ question=”Please leave a feedback on this” opened=”1″]Post your answers here.[/wpdiscuz-feedback]

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • India, UAE to sign Comprehensive Economic Partnership Agreement (CEPA)

    India and the United Arab Emirates will sign the first-ever bilateral Free Trade Agreement between the two countries.

    What is CEPA?

    • The partnership agreement or cooperation agreement is more comprehensive than an FTA.
    • CECA/CEPA also looks into the regulatory aspect of trade and encompasses an agreement covering the regulatory issues.
    • CECA has the widest coverage. CEPA covers negotiation on the trade in services and investment and other areas of economic partnership.
    • It may even consider negotiation in areas such as trade facilitation and customs cooperation, competition, and IPR.
    • India has signed CEPAs with South Korea and Japan.

    What is a Free Trade Agreement (FTA)?

    • An FTA is a pact between two or more nations to reduce barriers to imports and exports among them.
    • Under a free trade policy, goods and services can be bought and sold across international borders with little or no government tariffs, quotas, subsidies, or prohibitions to inhibit their exchange.
    • The concept of free trade is the opposite of trade protectionism or economic isolationism.

    Key benefits offered by FTA

    • Reduction or elimination of tariffs on qualified: For example, a country that normally charges a tariff of 12% of the value of the incoming product will rationalize or eliminate that tariff.
    • Intellectual Property Protection: Protection and enforcement of intellectual property rights in the FTA partner country is upheld.
    • Product Standards: FTA enhances the ability for domestic exporters to participate in the development of product standards in the FTA partner country.
    • Fair treatment for investors: FTA provides treatment as favorably as the FTA partner country gives equal treatment for investments from the partner country.
    • Elimination of monopolies: With FTAs, global monopolies are eliminated due to increased competition.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)