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  • 5th November 2021| Daily Answer Writing Enhancement(AWE)

    Topics for Today’s questions:

    GS-1    Modern Indian History from about the middle of the eighteenth century until the present- significant events, personalities, issues.

    GS-2   Structure, Organization and Functioning of the Executive and the Judiciary—Ministries and Departments of the Government; Pressure Groups and Formal/Informal Associations and their Role in the Polity.

    GS-3    Agriculture and related issues

    GS-4    Human Values – Lessons from the Lives and Teachings of Great Leaders, Reformers and Administrators; Role of Family Society and Educational Institutions in Inculcating Values.

    Questions:

    Question 1)

     

    Q.1 The Quit India movement marked a new direction in the struggle against the British colonial rule in India. Analyse. (10 Marks)

     

    Question 2)

    Q. 2 What are the challenges facing criminal justice system in India? Suggest the measures to deal with these challenges. (10 Marks)

    Question 3)

    Q.3 What are the challenges in arriving at definition of farmer in India? What are the implications of this? (10 Marks)

    Question 4)  

    Q.4 Identify the various factors which shape the political attitude of a person. (10 Marks)

     

    HOW TO ATTEMPT ANSWERS IN DAILY ANSWER WRITING ENHANCEMENT(AWE)?

    1. Daily 4 questions from General studies 1, 2, 3, and 4 will be provided to you.

    2. A Mentor’s Comment will be available for all answers. This can be used as a guidance tool but we encourage you to write original answers.

    3. You can write your answer on an A4 sheet and scan/click pictures of the same.

    4.  Upload the scanned answer in the comment section of the same question.

    5. Along with the scanned answer, please share your Razor payment ID, so that paid members are given priority.

    6. If you upload the answer on the same day like the answer of 11th  October is uploaded on 11th October then your answer will be checked within 72 hours. Also, reviews will be in the order of submission- First come first serve basis

    7. If you are writing answers late, for example, 11th October is uploaded on 13th October, then these answers will be evaluated as per the mentor’s schedule.

    8. We encourage you to write answers on the same day. However, if you are uploading an answer late then tag the mentor like @Staff so that the mentor is notified about your answer.

    *In case your answer is not reviewed, reply to your answer saying *NOT CHECKED*. 

    For the philosophy of AWE and payment: 

  • 20 Best Practices of Answer Writing for Mains|| Free Webinar By Sajal Sir|| 2017 GS Topper and mentor of 400 UPSC Toppers|| Register Now, Limited Seats Available

    20 Best Practices of Answer Writing for Mains|| Free Webinar By Sajal Sir|| 2017 GS Topper and mentor of 400 UPSC Toppers|| Register Now, Limited Seats Available

    Now that UPSC CSE prelims results are out, you would have started answer writing practice for mains. Keep in mind that answering for mains is not like answering your university papers. Over here, examiners expect pointers, examples, flowcharts, mind maps, diagrams than long paragraphs. Given the time and word limit, it’s better not to beat around the bush while answering.

    Open to All, Free Webinar on 20 Best Practices of Answer Writing

    Sajal sir will share his experiences of scoring 120+ in all the UPSC 2017 GS papers through a webinar. This webinar about the new age formula to ace UPSC Mains is absolutely free for all to attend.

    For a better understanding on the format of the webinar, here’s Sajal sir’s explanation on how to approach a sample question.

    It is commented that Electoral bonds instead of cleansing India’s electoral system distort India’s democracy. Do you agree? Critically analyse.

    Sajal Sir Suggests: Understand the key demand of the question. Don’t get swayed by only seeing the theme of the question. Question is not about electoral bonds only. Many aspirants write everything they know about electoral bonds. You need to first mention how it will cleanse India’s electoral system. After that, link it with democracy. How it violates key features of democracy like transparency, accountability and level playing field. Writing only Pros and Cons will not fetch you marks. 

    Why you should Attend Sajal Sir’s Webinar?

    Do you know that toppers use certain techniques of answer-writing to score higher marks? Are you aware of the PESTLE approach or the 7-5-3 technique of answer writing? If not, then its time you attended this webinar

    Sajal sir in the past 7 years has mentored over 400 students who went onto become UPSC toppers. Apart from this, his course SMASH Mains 2020 had a turnover of 80% interview recommended candidates.

    This is how the UPSC Toppers scored in test series before Sajal sir’s intervention —

    Karishma-Nair(AIR-14)-Answers Before Feedback From CD

    Pooja-Gupta(AIR-42)-Answers Before Feedback From CD

    Pranav-Vijay-(AIR-65)- Answers Before Feedback From CD

    Lakshay-Kumar-(AIR -132)-Answers Before Feedback From CD

    Ponmani-Nehru(AIR-148)-Answers Before Feedback From CD

    They had tried everything but were not able to score high in the exams. From their approach to answering to the body of answers, they faced problems. They faced problems with things like putting proper headings, how to frame dimensions, introductions, conclusions, etc. They never even got the right feedback which could have helped them!

    And this is how they improved after learning the best answer writing practices from him

    Karishma-Nair(AIR-14)-Answers After Feedback From CD

    Pooja-Gupta (AIR-42)-Answers After Feedback From CD

    Pranav-Vijay (AIR -65) – Answers After Feedback From CD

    Lakshay-Kumar-(AIR -132)-Answers After Feedback From CD

    Ponmani-Nehru(AIR-148)-Answers After Feedback From CD

    If you wish to learn and unlearn certain reading and writing habits, attending this webinar is the first step in the right direction.

    What will you learn in this webinar?

    Fundamental mistakes in answer writing that can be avoided?

    How to understand the meaning behind a complex indirect question?

    How to use the PESTLE approach to answer certain type of questions?

    How to extract information read into Pros and Cons?

    How to finish an answer in seven minutes?

    How to think and write an answer simultaneously?

    How to write an innovative answer which can get you an extra 1 mark?

    Few thumb rules of answer writing with examples.

    Towards the end of the session, Sajal sir will hold a Q&A session for all aspirants to share their doubts and get answers from him.

    Why UPSC toppers are convinced about Sajal Sir’s Mentorship?

    Read other answers over here.

    Webinar Details

    Anyone who is going to attend UPSC mains now or 2022 UPSC Aspirants, will gain valuable insights from this webinar. Register now for an invite. And, keep the date saved in your calendars!

    Date: 7 November 2021

    Time: 3 P.M

  • [Sansad TV] Need for Climate Equity

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

    PM Narendra Modi addressed the COP26 World Leaders’ Summit in Glasgow where he made a critical pitch for climate action and stood for the nations of the developing world.

    India has been pushing for Climate Equity in terms of actions that need to be taken by the developed countries to achieve climate and energy goals.

    In this regard, India has launched an online tool called the Climate Equity Monitor (CEM).

    What is Climate Equity?

    • A small group of industrialised countries had burnt fossil fuels for 100 years and built-up enormous wealth.
    • This club had to decide what to do to cut emissions, and it claimed all countries were equally responsible for the problem.
    • Influential American think tanks broke the news that India, China and other developing countries were equally responsible for greenhouse gases.
    • Many nations including India rebutted this and brought in the issue of equitable access to the global commons.

    About Climate Equity Monitor (CEM)

    • CEM aims to assess equity in climate action, inequalities in emissions besides energy and resource consumption across the world.
    • It tracks the performance of “Annex-I Parties” comprising developed countries under the UNFCCC based on the principles i.e. equity and the principle of Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC).  
    • The performance and policies of theNon-Annex-I Parties” which comprise developing countries will be also provided for comparison.

    How did the idea of Climate Equity pace up?

    • China, which in 1990, with over a quarter of the world’s population, was responsible for only 10 per cent of annual emissions, contributed 27 per cent by 2010.
    • So, the fight over atmospheric space is now real.
    • While the rich countries have not reduced emissions, the new growth countries have started emitting more and more.
    • Similar is the case with coal and extractive economies like India. The world has run out of atmospheric space and certainly of time.

    Significance of CEM

    [1] Comparing actions vs commitments

    • The aim of launching the tracker seems to be to provide a comparison between the words and actions of developed countries vis a vis developing countries in many contentious areas.
    • And hence take the climate fight to the developed world.

    [2] Unbiased analysis of climate actions

    • Most climate impact “tracking” websites are based in developed countries and are not seen to address the concerns of developing countries like climate equity and differentiation.  
    • It helps build awareness, especially among the public of the global South, that climate action is a global collective action problem.

    [3] Holds developed countries accountable

    • It intends to debunk the narrative provided by many developed countries, and global non-government organizations that focus attention continually on what developing countries must do.
    • The CEM clearly illustrates the scale of developed country overuse and provides estimates of the carbon debt and credit of different countries in a clear and straightforward manner.

    [4] For distributive justice

    • The developing countries are behaving too mean to give money or technology to poor nations for transition to low-carbon growth.
    • Even climate change negotiators do not really believe this form of climate-socialism can happen.

    [5] Nearing net-zero target

    • The narrative on net-zero and the aggressive push for all countries to declare target years for it ignore the scientific understanding of the problem of global warming.
    • It is not the year of net-zero that is the determining factor for global temperature rise, but the cumulative emissions till the world reaches net-zero emissions.

    [6] Accounting historicity and positionality

    • Unfortunately, many other websites that track climate efforts emerge from the Global North and completely side-line the issue of historical responsibility.
    • They provide no historical context to the pledges made for the future and many of them greenwash the repeatedly delayed action of developed countries that is responsible for the climate crisis we face today.

    [7] Exposing the Greenwashing by developed countries

    • Developed nations also fall short on representing the science accurately.
    • For example, the ‘effort’ of the US on climate change is often termed “adequate” despite its high historical and per capita emissions.
    • It has a record of repeated withdrawal from climate agreements, and continued dependence on fossil fuels.

    Way forward

    • Climate change is a global collective action problem and cannot be solved merely by self-sacrifice. India is a part of the solution to climate change, but it is not the sole answer.
    • A very incorrect idea is often floated —that those who are likely to feel the impact of climate change the most are obliged to do more by way of cutting emissions.
    • CEM analysis and website are geared to debunking this false narrative.
    • Countries that have historically caused the maximum impact through emissions must proportionately carry the responsibility to ensure a rapid decrease in emissions. 
    • Merely proportionately dividing future responsibility of emissions is not equitable because it ignores the highly unequal history.
    • We should not forget the simple fact that developed countries have contributed to a vast majority of emissions for most of history, which triggered global warming.

    Conclusion

    • In India, too often we have been looking purely inward as if the entire responsibility to address the issue of climate change was ours.
    • With the CEM, India aims to represent a perspective on climate equity from the developing world.
    • India, therefore, is right in using, and placing upon the table for conversation, the topic of justice and positionality.
    • There can be no real climate equity without considering the point of climate justice, which may have been delayed but must not be denied.
  • 20 Best Practices of Answer Writing for Mains|| Free Webinar By Sajal Sir|| 2017 GS Topper and mentor of 400 UPSC Toppers|| Register Now, Limited Seats Available

    20 Best Practices of Answer Writing for Mains|| Free Webinar By Sajal Sir|| 2017 GS Topper and mentor of 400 UPSC Toppers|| Register Now, Limited Seats Available

    Now that UPSC CSE prelims results are out, you would have started answer writing practice for mains. Keep in mind that answering for mains is not like answering your university papers. Over here, examiners expect pointers, examples, flowcharts, mind maps, diagrams than long paragraphs. Given the time and word limit, it’s better not to beat around the bush while answering.

    Open to All, Free Webinar on 20 Best Practices of Answer Writing

    Sajal sir will share his experiences of scoring 120+ in all the UPSC 2017 GS papers through a webinar. This webinar about the new age formula to ace UPSC Mains is absolutely free for all to attend.

    For a better understanding on the format of the webinar, here’s Sajal sir’s explanation on how to approach a sample question.

    It is commented that Electoral bonds instead of cleansing India’s electoral system distort India’s democracy. Do you agree? Critically analyse.

    Sajal Sir Suggests: Understand the key demand of the question. Don’t get swayed by only seeing the theme of the question. Question is not about electoral bonds only. Many aspirants write everything they know about electoral bonds. You need to first mention how it will cleanse India’s electoral system. After that, link it with democracy. How it violates key features of democracy like transparency, accountability and level playing field. Writing only Pros and Cons will not fetch you marks. 

    Why you should Attend Sajal Sir’s Webinar?

    Do you know that toppers use certain techniques of answer-writing to score higher marks? Are you aware of the PESTLE approach or the 7-5-3 technique of answer writing? If not, then its time you attended this webinar

    Sajal sir in the past 7 years has mentored over 400 students who went onto become UPSC toppers. Apart from this, his course SMASH Mains 2020 had a turnover of 80% interview recommended candidates.

    This is how the UPSC Toppers scored in test series before Sajal sir’s intervention —

    Karishma-Nair(AIR-14)-Answers Before Feedback From CD

    Pooja-Gupta(AIR-42)-Answers Before Feedback From CD

    Pranav-Vijay-(AIR-65)- Answers Before Feedback From CD

    Lakshay-Kumar-(AIR -132)-Answers Before Feedback From CD

    Ponmani-Nehru(AIR-148)-Answers Before Feedback From CD

    They had tried everything but were not able to score high in the exams. From their approach to answering to the body of answers, they faced problems. They faced problems with things like putting proper headings, how to frame dimensions, introductions, conclusions, etc. They never even got the right feedback which could have helped them!

    And this is how they improved after learning the best answer writing practices from him

    Karishma-Nair(AIR-14)-Answers After Feedback From CD

    Pooja-Gupta (AIR-42)-Answers After Feedback From CD

    Pranav-Vijay (AIR -65) – Answers After Feedback From CD

    Lakshay-Kumar-(AIR -132)-Answers After Feedback From CD

    Ponmani-Nehru(AIR-148)-Answers After Feedback From CD

    If you wish to learn and unlearn certain reading and writing habits, attending this webinar is the first step in the right direction.

    What will you learn in this webinar?

    Fundamental mistakes in answer writing that can be avoided?

    How to understand the meaning behind a complex indirect question?

    How to use the PESTLE approach to answer certain type of questions?

    How to extract information read into Pros and Cons?

    How to finish an answer in seven minutes?

    How to think and write an answer simultaneously?

    How to write an innovative answer which can get you an extra 1 mark?

    Few thumb rules of answer writing with examples.

    Towards the end of the session, Sajal sir will hold a Q&A session for all aspirants to share their doubts and get answers from him.

    Why UPSC toppers are convinced about Sajal Sir’s Mentorship?

    Read other answers over here.

    Webinar Details

    Anyone who is going to attend UPSC mains now or 2022 UPSC Aspirants, will gain valuable insights from this webinar. Register now for an invite. And, keep the date saved in your calendars!

    Date: 7 November 2021

    Time: 3 P.M

  • 4th November 2021| Daily Answer Writing Enhancement(AWE)

    Topics for Today’s questions:

    GS-1    Modern Indian History from about the middle of the eighteenth century until the present- significant events, personalities, issues.

    GS-2   Welfare Schemes for Vulnerable Sections of the population by the Centre and States and the Performance of these Schemes; Mechanisms, Laws, Institutions and Bodies constituted for the Protection and Betterment of these Vulnerable Sections.

    GS-3    Government Budgeting.

    GS-4    Case Studies

    Questions:

    Question 1)

     

    Q.1 The reactionary policies of Lord Lytton and the liberal policies of his successor Lord Rippon acted as catalyst in the formation of the Indian National Congress. Discuss. (15 Marks)

     

    Question 2)

    Q.2 Discuss the need to strengthen the National Commission for Scheduled Castes to tackle the problems faced by the Scheduled Castes in India. (10 Marks)

    Question 3)

    Q.3 Taxation is not just a vehicle for raising state revenue but is also a critical instrument for economic and political development. Discuss. (10 Marks)

    Question 4)  

    Q.4 You are posted as Superintendent of Police in a district. A case has come up in which more than 30 girls were allegedly raped and sexually exploited at the city shelter home run by an NGO. The scandal came to light when media flagged complaints of sexual abuse of inmates of the city shelter home. A nexus of police, politicians, administration and criminals have been allegedly responsible for the racket going on for the last few years. In light of this, a lot of protests have erupted across the city. While, on one hand, media glare has meant that people are demanding swift action, you have been asked to go slow in investigating the case by top officers in your department. Elections in the state are due in a few months, so it has become a politically sensitive issue. You are also under immense political pressure from the ruling party to not take strict action and make compromises to cover up the case. Given the situation, answer the following: (a) Identify the issues involved in the case. (b) What are the options available to you? Which of these options will you choose? Justify your stand with logical arguments. (20 Marks)

     

    HOW TO ATTEMPT ANSWERS IN DAILY ANSWER WRITING ENHANCEMENT(AWE)?

    1. Daily 4 questions from General studies 1, 2, 3, and 4 will be provided to you.

    2. A Mentor’s Comment will be available for all answers. This can be used as a guidance tool but we encourage you to write original answers.

    3. You can write your answer on an A4 sheet and scan/click pictures of the same.

    4.  Upload the scanned answer in the comment section of the same question.

    5. Along with the scanned answer, please share your Razor payment ID, so that paid members are given priority.

    6. If you upload the answer on the same day like the answer of 11th  October is uploaded on 11th October then your answer will be checked within 72 hours. Also, reviews will be in the order of submission- First come first serve basis

    7. If you are writing answers late, for example, 11th October is uploaded on 13th October, then these answers will be evaluated as per the mentor’s schedule.

    8. We encourage you to write answers on the same day. However, if you are uploading an answer late then tag the mentor like @Staff so that the mentor is notified about your answer.

    *In case your answer is not reviewed, reply to your answer saying *NOT CHECKED*. 

    For the philosophy of AWE and payment: 

  • 20 Best Practices of Answer Writing for Mains|| Free Webinar By Sajal Sir|| 2017 GS Topper and mentor of 400 UPSC Toppers|| Register Now, Limited Seats Available

    20 Best Practices of Answer Writing for Mains|| Free Webinar By Sajal Sir|| 2017 GS Topper and mentor of 400 UPSC Toppers|| Register Now, Limited Seats Available

    Now that UPSC CSE prelims results are out, you would have started answer writing practice for mains. Keep in mind that answering for mains is not like answering your university papers. Over here, examiners expect pointers, examples, flowcharts, mind maps, diagrams than long paragraphs. Given the time and word limit, it’s better not to beat around the bush while answering.

    Open to All, Free Webinar on 20 Best Practices of Answer Writing

    Sajal sir will share his experiences of scoring 120+ in all the UPSC 2017 GS papers through a webinar. This webinar about the new age formula to ace UPSC Mains is absolutely free for all to attend.

    For a better understanding on the format of the webinar, here’s Sajal sir’s explanation on how to approach a sample question.

    It is commented that Electoral bonds instead of cleansing India’s electoral system distort India’s democracy. Do you agree? Critically analyse.

    Sajal Sir Suggests: Understand the key demand of the question. Don’t get swayed by only seeing the theme of the question. Question is not about electoral bonds only. Many aspirants write everything they know about electoral bonds. You need to first mention how it will cleanse India’s electoral system. After that, link it with democracy. How it violates key features of democracy like transparency, accountability and level playing field. Writing only Pros and Cons will not fetch you marks. 

    Why you should Attend Sajal Sir’s Webinar?

    Do you know that toppers use certain techniques of answer-writing to score higher marks? Are you aware of the PESTLE approach or the 7-5-3 technique of answer writing? If not, then its time you attended this webinar

    Sajal sir in the past 7 years has mentored over 400 students who went onto become UPSC toppers. Apart from this, his course SMASH Mains 2020 had a turnover of 80% interview recommended candidates.

    This is how the UPSC Toppers scored in test series before Sajal sir’s intervention —

    Karishma-Nair(AIR-14)-Answers Before Feedback From CD

    Pooja-Gupta(AIR-42)-Answers Before Feedback From CD

    Pranav-Vijay-(AIR-65)- Answers Before Feedback From CD

    Lakshay-Kumar-(AIR -132)-Answers Before Feedback From CD

    Ponmani-Nehru(AIR-148)-Answers Before Feedback From CD

    They had tried everything but were not able to score high in the exams. From their approach to answering to the body of answers, they faced problems. They faced problems with things like putting proper headings, how to frame dimensions, introductions, conclusions, etc. They never even got the right feedback which could have helped them!

    And this is how they improved after learning the best answer writing practices from him

    Karishma-Nair(AIR-14)-Answers After Feedback From CD

    Pooja-Gupta (AIR-42)-Answers After Feedback From CD

    Pranav-Vijay (AIR -65) – Answers After Feedback From CD

    Lakshay-Kumar-(AIR -132)-Answers After Feedback From CD

    Ponmani-Nehru(AIR-148)-Answers After Feedback From CD

    If you wish to learn and unlearn certain reading and writing habits, attending this webinar is the first step in the right direction.

    What will you learn in this webinar?

    Fundamental mistakes in answer writing that can be avoided?

    How to understand the meaning behind a complex indirect question?

    How to use the PESTLE approach to answer certain type of questions?

    How to extract information read into Pros and Cons?

    How to finish an answer in seven minutes?

    How to think and write an answer simultaneously?

    How to write an innovative answer which can get you an extra 1 mark?

    Few thumb rules of answer writing with examples.

    Towards the end of the session, Sajal sir will hold a Q&A session for all aspirants to share their doubts and get answers from him.

    Why UPSC toppers are convinced about Sajal Sir’s Mentorship?

    Read other answers over here.

    Webinar Details

    Anyone who is going to attend UPSC mains now or 2022 UPSC Aspirants, will gain valuable insights from this webinar. Register now for an invite. And, keep the date saved in your calendars!

    Date: 7 November 2021

    Time: 3 P.M

  • Ensuring that policy outcome matches the intent

    Context

    Policy differences between parties and coalitions arouse heated debates in legislatures and at political rallies. But relatively scant attention is paid to whether the stated policy or enacted law — of any persuasion — delivered the intended outcomes/results.

    Issues with annual budget modalities

    • There are limitations in the structural design of the Union and the state governments of India, which either cause or enable inefficient translation of policy intent to semi-realised outcomes.
    • Nowhere is this more obvious than in the annual budget modalities followed by the Union and state governments.
    • The final accounts (FA) for a financial year are generally presented to the legislative body between 18 and 24 months after that year’s budget is approved, most often as a minor artefact along with the main attraction of the budget for the upcoming year and the minor attraction of the Revised Estimate (RE) for the year in progress.
    • In effect, a small fraction of the attention paid to intent (budget) is paid to the outcome (FA) which is only known many months after the year is over.
    • Governments in India adhere to the archaic cash accounting as opposed to accrual accounting, which is the norm for most companies and governments which introduces some strange incentives and behaviours, especially towards the end of the year.
    • As a result, even the final account is not what it seems, with the possibility that significant funds which have been presented to the legislature as spent are still held in off-balance-sheet accounts not visible to the government’s finance department.

    Way forward: Lessons from Tamil Nadu government

    • This structural limitation was the basis for the initiative to identify and retrieve unutilised funds that the Tamil Nadu government.
    • New procedures and systems will ensure that such moving/parking of funds (especially as the year ends) cannot happen outside of the finance department’s oversight.
    • On another front, the data-integrity project undertaken to support (among other reasons) the crop and jewel loan waiver poll promise has also produced remarkable results.
    • Many instances of ghost pension recipients and free-rice-entitled category of ration card holders and malfeasance in crop and jewel loan sanctioning have come to light.
    • The rectification of such anomalies will save the government a significant amount of funds, but, more importantly, enable fairer societal outcomes.
    • Tamil Nadu is diligently following the five-step approach: Collect and analyse data to develop a deeper understanding, disseminate results into the public domain and generate a public debate, receive feedback from the debate and inputs from experts, use these inputs to design policies and put into execution, constantly seek feedback and course correct when needed.

    Conclusion

    We need the thoughtful design of policies and schemes, and their execution, which are vital to achieving our intended goal of benefiting all citizens in a fair and inclusive manner.

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

  • Trade and climate, the pivot for India-U.S. ties

    Context

    The fate of the grand strategic ambitions of the Indo-US relationship may depend substantially on how well they collaborate in two areas to which their joint attention is only belatedly turning — climate and trade.

    Importance of climate change and trade to India-US partnership

    • Strategic partnerships capable of re-shaping the international global order cannot be based simply on a negative agenda.
    • Shared concerns about China provide the U.S.-India partnership a much-needed impetus to overcome the awkward efforts for deeper collaboration that have characterised the past few decades.
    • What risks being lost is a reckoning with how interrelated climate and trade are to securing U.S.-India leadership globally, and how their strategic efforts can flounder without sincere commitment to a robust bilateral agenda on both fronts.

    India-US collaboration on climate change and challenges

    • India and the U.S. are collaborating under the Climate and Clean Energy Agenda Partnership.
    • In parallel, there are hopeful signs that they are now prioritising the bilateral trade relationship by rechartering the Trade Policy Forum. 
    • At COP26 in Glasgow India announced a net zero goal for 2070, it has called for western countries to commit to negative emissions targets.
    • Challenges: India’s rhetoric of climate justice is likely to be received poorly by U.S. negotiators, particularly if it aligns with China’s messaging and obstructs efforts to reach concrete results.

    Collaboration on trade

    • The failure of the U.S. and India to articulate a shared vision for a comprehensive trade relationship raises doubts about how serious they are when each spends more time and effort negotiating with other trading partners.
    • Protectionist tendencies infect the politics of both countries these days, and, with a contentious U.S. mid-term election a year away, the political window for achieving problem-solving outcomes and setting a vision on trade for the future is closing fast.

    Climate-trade inter-relationship

    • Climate and trade are interrelated in many ways.
    • If governments, such as India and the U.S., coordinate policies to incentivise sharing of climate-related technologies and align approaches for reducing emissions associated with trade, the climate-trade inter-relationship can be a net positive one.
    • India and the U.S. could find opportunities to align their climate and trade approaches better, starting with a resolution of their disputes in the World Trade Organization (WTO) on solar panels.
    • The two countries could also chart a path that allows trade to flow for transitional energy sources, such as fuel ethanol.
    • Shared strategic interests will be undermined if India and the U.S. cannot jointly map coordinated policies on climate and trade.
    • The most immediate threat could be the possibility of new climate and trade tensions were India to insist that technology is transferred in ways that undermine incentives for innovation in both countries or if the U.S. decides that imports from India be subject to increased tariffs in the form of carbon border adjustment mechanisms or “CBAMs”.

    Conclusion

    Concerted action on both the climate and trade fronts is mutually beneficial and will lend additional strength to the foundation of a true partnership for the coming century.

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

  • RBI issues revised Prompt Corrective Action (PCA) framework

    The RBI has issued a revised Prompt Corrective Action (PCA) framework for banks to enable supervisory intervention at “appropriate time” and also act as a tool for effective market discipline.

    What is the PCA framework?

    • Prompt Corrective Action Framework refers to the central bank’s watchlist of weak banks.
    • The regulator imposes restrictions like curbs on lending on such banks.
    • The PCA Framework applies only to commercial banks and does not cover cooperative banks and non-banking financial companies.

    When was PCA introduced?

    • The RBI’s PCA Framework was introduced in December 2002 as a structured early intervention mechanism along the lines of the US Federal Deposit Insurance Corporation’s PCA framework.
    • The last PCA Framework was issued by the RBI on April 13, 2017, and implemented with respect to banks’ financials as of March 31, 2017.

    Latest PCA norms

    • The revised PCA framework will be effective from January 1, 2022.
    • Capital, asset quality and leverage will be the key areas for monitoring in the revised framework.
    • That apart, RBI has also revised the level of shortfall in total capital adequacy ratio that would push the lender to “risk threshold three” category.

    When exactly does a bank fall into this list?

    • The RBI has specified certain regulatory trigger points with respect to three parameters for the initiation of the process:
    • Capital-to-risk weighted assets ratio (CRAR): It is a measure of a bank’s capital to ensure that it can absorb a reasonable amount of loss and complies with statutory Capital requirements.
    • Net Non-Performing Assets (NPA)
    • Return on assets (RoA): It is an indicator of how well a company utilizes its assets in terms of profitability.

    What are the trigger points on capital and how does a breach invite action?

    1. CRAR

    • If CRAR falls to less than 9 percent, the RBI asks banks to submit a capital restoration plan, restricts new businesses and dividend payments.
    • The RBI also orders recapitalisation, restrictions on borrowings from the inter-bank market, reduction of stake in subsidiaries and reduction of exposure to sensitive sectors.
    • Such sectors include the capital markets, real estate or investments in non-statutory liquidity ratio securities.
    • If CRAR is less than 6 percent but equal to or more than 3 percent, the RBI could take additional steps if the bank fails to submit a recapitalisation plan.

    2. NPA levels

    • If net NPAs rise beyond 10 percent but are less than 15 percent, a special drive to reduce bad loans and contain the generation of fresh NPAs begins.
    • The RBI reviews the bank’s loan policy and takes steps to strengthen credit-appraisal skills.

    3.Return on assets

    • If RoA is less than 0.25 percent, restrictions on accessing/renewing costly deposits and CDs kick in and the RBI bars the bank from entering new lines of business.
    • The bank’s borrowings from the inter-bank market, making dividend payments and increasing staff will be restricted.

    Significance of PCA

    • The financial health of a bank: Essentially PCA helps RBI monitor key performance indicators of banks, and taking corrective measures, to restore the financial health of a bank.
    • Averting a crisis: PCA is intended to help alert the regulator as well as investors and depositors if a bank is heading for trouble. The idea is to head off problems before they attain crisis proportions.

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  • India launches Infrastructure for the Resilient Island States (IRIS)

    The PM has launched the Initiative for the Resilient Island States (IRIS) for developing infrastructure of small island nations.

    What is IRIS?

    • The Small Island Developing States or SIDS face the biggest threat from climate change.
    • To mitigate this, India’s space agency ISRO will build a special data window for them to provide them timely information about cyclones, coral-reef monitoring, coast-line monitoring etc. through satellite.
    • IRIS will be a part of the India-UK Coalition for Disaster Resilient infrastructure (CDRI).

    About CDRI

    • The CDRI is an international coalition of countries, UN agencies, multilateral development banks, the private sector etc. that aim to promote disaster-resilient infrastructure.
    • Its objective is to promote research and knowledge sharing in the fields of infrastructure risk management, standards, financing, and recovery mechanisms.
    • It was launched by the Indian PM Modi at the 2019 UN Climate Action Summit in September 2019.

    Focus areas

    • CDRI’s initial focus is on developing disaster-resilience in ecological, social, and economic infrastructure.
    • It aims to achieve substantial changes in member countries’ policy frameworks and future infrastructure investments, along with a major decrease in the economic losses suffered due to disasters.

    Try this PYQ:
    Q.Consider the following statements:
    Climate and Clean Air Coalition (CCAC) to Reduce Short Lived Climate Pollutants is a unique initiative of G20 group of countries
    The CCAC focuses on methane, black carbon and hydrofluorocarbons.
    Which of the above statements is/are correct?
    (a) 1 only
    (b) 2 only
    (c) Both 1 and 2
    (d) Neither 1 nor 2

    Post your answers here.

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