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  • Registration Closing at 5 PM Today || Samarth 2022 – Live Webinar by Ajay Verma || How to crack the UPSC IAS exam on the very first attempt? || Register here

    Webinar Date: 1st August 2021

    Timings: 7 PM

    REGISTER FOR THE WEBINAR ( CLICK HERE )

    As complicated as it may appear, the UPSC Civil services exam is more about carrying nerves. It’s also about maintaining discipline for the time being and till you succeed. Nor the subjects are esoteric or unheard of. But the character for one to be able to sacrifice the beauty called life and family is rare. Your stay in the game with the zeal to come out winning is very important.

    Philosophy aside, but keeping the practical elements in mind, let’s dig a little deeper.  Also, find out what it takes for one to jump that threshold and what our toppers have said. Why have they not been able to clear earlier and what changes have they made to succeed?. These are the most sought-after info and are available on the internet. But from an individual’s perspective, one can not ignore his/her inconclusiveness due to lack of a distinct plan or direction.

    Hence, we are coming up with an open session. To counter myths and give some facts which will help you see the light on the other side of the tunnel about the exam.

    In this open session, we are going to give a clear insight which is important for one to save time, energy, and effort. Which might otherwise be getting wasted in the wrong direction? This is important because for an individual the first year is the year with maximum energy, expectation from self, go-getter attitude, etc..

    Register for the webinar ( Click here )

    We tend to get lost in the sea of advice and sources of studies. To save one from such torrents of information, it’s sometimes said that we need to better know “what not to follow than what to follow”.

    Anyways such hypotheses aside, your time in this open session is going to be full of interaction. Some previous year aspirants are also expected to be present. We do expect that all your confusion about the exam will get clear.

    Attendees can expect some takeaways too in the form of softcopies relevant to the exam. They will be available to you via email once you have done the registration for the open session.

    In this webinar, Ajay Verma, Mentor Head at Civilsdaily will give you an overview:

    – What UPSC expects out of you?

    – Avoiding Mistakes that can cost you an attempt?

    – What to do to master the IAS-Exam?

    – How to clear the exam -Step-by-Step learning plan?

    – An interactive Q&A session with Current Students at Civilsdaily

    – How to clear the exam on the very first attempt?

    – Important Civilsdaily softcopies takeaway for exam preparation.

    A quick bit about Ajay :

    Ajay has firsthand experience with 6 Mains and 3 interviews of UPSC. He has gathered experience working as Mentor-Head at CivilsDaily for the past 3 Yrs and helped many cross the threshold.

    REGISTER FOR THE WEBINAR ( CLICK HERE )

  • Registration Closing at 5 PM Today || Samarth 2022 – Live Webinar by Ajay Verma || How to crack the UPSC IAS exam on the very first attempt? || Register here

    Webinar Date: 1st August 2021

    Timings: 7 PM

    REGISTER FOR THE WEBINAR ( CLICK HERE )

    As complicated as it may appear, the UPSC Civil services exam is more about carrying nerves. It’s also about maintaining discipline for the time being and till you succeed. Nor the subjects are esoteric or unheard of. But the character for one to be able to sacrifice the beauty called life and family is rare. Your stay in the game with the zeal to come out winning is very important.

    Philosophy aside, but keeping the practical elements in mind, let’s dig a little deeper.  Also, find out what it takes for one to jump that threshold and what our toppers have said. Why have they not been able to clear earlier and what changes have they made to succeed?. These are the most sought-after info and are available on the internet. But from an individual’s perspective, one can not ignore his/her inconclusiveness due to lack of a distinct plan or direction.

    Hence, we are coming up with an open session. To counter myths and give some facts which will help you see the light on the other side of the tunnel about the exam.

    In this open session, we are going to give a clear insight which is important for one to save time, energy, and effort. Which might otherwise be getting wasted in the wrong direction? This is important because for an individual the first year is the year with maximum energy, expectation from self, go-getter attitude, etc..

    Register for the webinar ( Click here )

    We tend to get lost in the sea of advice and sources of studies. To save one from such torrents of information, it’s sometimes said that we need to better know “what not to follow than what to follow”.

    Anyways such hypotheses aside, your time in this open session is going to be full of interaction. Some previous year aspirants are also expected to be present. We do expect that all your confusion about the exam will get clear.

    Attendees can expect some takeaways too in the form of softcopies relevant to the exam. They will be available to you via email once you have done the registration for the open session.

    In this webinar, Ajay Verma, Mentor Head at Civilsdaily will give you an overview:

    – What UPSC expects out of you?

    – Avoiding Mistakes that can cost you an attempt?

    – What to do to master the IAS-Exam?

    – How to clear the exam -Step-by-Step learning plan?

    – An interactive Q&A session with Current Students at Civilsdaily

    – How to clear the exam on the very first attempt?

    – Important Civilsdaily softcopies takeaway for exam preparation.

    A quick bit about Ajay :

    Ajay has firsthand experience with 6 Mains and 3 interviews of UPSC. He has gathered experience working as Mentor-Head at CivilsDaily for the past 3 Yrs and helped many cross the threshold.

    REGISTER FOR THE WEBINAR ( CLICK HERE )

  • STREAK DAILY INITIATIVE Day 6 WRAP UP (Free initiative by CD for UPSC Preparation)

    A dream does not become reality through magic; it takes sweat, determination, and hard work. 

    The Streak Daily Initiative is aimed to help out UPSC aspirants in their day-to-day preparation. You can follow the monthly, weekly, and daily timetables and continue this streak until you find yourself on the final list.

    So, let us look at Today’s activities.

    For full-time Aspirants

    1. Panchayati Raj and Municipalities

    For working Aspirants

    1. Tribunals
    2. Subordinate Courts
    3. Judicial review
    4. PIL
    5. Judicial Activism

    Target Assignment by Ravi Sir:

    Try these Prelims Questions :

    Q1. The fundamental object of the Panchayati Raj system is to ensure which among the following?

    1. People’s participation in development
    2. Political accountability
    3. Democratic decentralization
    4. Financial mobilization

    Select the correct answer using the code given below

    (a) 1, 2, and 3 only

    (b) 2 and 4 only

    (c) 1 and 3 only

    (d) 1, 2, 3 and 4

    Q2. The Government enacted the Panchayat Extension to Scheduled Areas (PESA) Act in 1996. Which one of the following is not identified as its objective?

    (1) To provide self-governance

    (2) To recognize traditional rights

    (3) To create autonomous regions in tribal areas

    (4) To free tribal people from exploitation

    Which of the above statements are true?

    A. 1,2 and 3

    B. 2,3 and 4

    C. 1,2 and 4

    D. all of above

    Q3. Consider the following statements:

    1. MGNREGA has in-built provisions for social audit

    2. Any resident of a panchayat can do a social audit who is part of the gram sabha.

    3. CAG conducts accounting and audit of PRIs by the 73rd amendment of the constitution.

    Which of the above statements is/are correct regarding social audits in India?

    A 1 and 2 only

    B 2 and 3 only

    C 1 and 3 only

    D 1, 2 and 3

    Q4. Which the following statements is/are correct with regards to District Planning Committee?

    1. It is provided by the 74th Constitutional Amendment Act.
    2. It consolidates the plan prepared by the Panchayats and Municipalities of the district.
    3. All its members are elected by the elected members of the Panchayats and Municipalities from amongst themselves.

    Select the correct answer from the codes given below:

    A 1 and 2 only

    B 2 only

    C 1 and 3 only

    D 3 only

    Q5. Consider the following statements about State Election Commission? 

    1. The State Election Commissioner shall be appointed by the Governor of the State.

    2. The State Election Commission shall have the power of even preparing the electoral rolls besides the power of superintendence, direction, and control of election to the panchayats.

    3. The State Election Commissioner cannot be removed in any manner from his office until he demits himself or completes his tenure.

    Which of the above statements is/are correct?

    (a) 1, 2 and 3

    (b) 1 and 2 only

    (c) 2 and 3 only

    (d) 1 only

    Q6. Which of the following statements are correct regarding Cantonment Boards?

    1. A cantonment board is established for municipal administration of defense personnel residing in civilian areas.
    2. The executive officer of the cantonment board belongs to Central Cadre.
    3. A cantonment board is created by the State Government but administered by the Central government on grounds of national security.

    Select the correct answer from the codes given below:

    A 1 and 2 only

    B 2 only

    C 1 and 3 only

    D 3 only

    Video Discussion of Prelims Questions by Santosh Sir:

    Try these Mains Questions :

    Q: Would you say that implementation of the Panchayati system has led to a real restructuring of the Indian polity? (15)

    Q: ‘Although District planning committees and Metropolitan planning committees have been provided, those remain mostly on paper.’ Comment. (10) 

    Video Discussion of Mains Questions by Sukanya Ma’am:

    Stay tuned with us for tomorrow’s targets.

    ——————————————————————————————–

    Visit our course page for further details

    Register on our course page to access Free Streak study material

  • India at 75 is ready for a sedition-less future

    Context

    Chief Justice of India N V Ramana has ignited a passionate debate during a preliminary hearing concerning whether “sedition” should be an offence at all, and how to prevent its misuse or abuse, were it to remain

    Issues with the sedition under Section 124A

    • Against fundamental right: The meandering meanings of expressions such as “disaffection” towards the government, “hatred”, “contempt” etc. constitute an unreasonable restriction on the fundamental right to free expression guaranteed under Article 19(1)(a).
    • Neither the framers of the Constitution nor the authors of the amended Article 19(2) included “sedition” as a ground for “reasonable restriction” to freedom of speech and expression.
    • Colonial past: CJI Ramana in preliminary hearings has pointedly asked the Attorney General whether “sedition under Section 124A of the Indian Penal Code is still required after 75 years of independence from colonial rule.
    • Prone to misuse: The lack of definition of terms used in the section leaves vide the scope for interpretation and thus rampant misuse and abuse.

    Way forward

    • Some law luminaries have found new stirrings of hope in the Supreme Court to strike it down.
    • Find means to prevent misuse and abuse: Alternative way,as the learned attorney general observed is to find constitutional ways and practical means to prevent the abuse and misuse of law.
    • Forbid rampant private complaints:  A most immediate step is to forbid rampant private complaints by citizens and authorise only very senior police officials to take appropriate action.

    Conclusion

    What Gandhiji said — the law may not be used to “manufacture affection” under pain of a penal sanction — was as true then as it remains now. It is high time to realise that the law of “sedition” must go, even when it may strictly not even exist!

  • Samarth 2022-Webinar by Ajay Verma || How to crack the UPSC IAS exam on the very first attempt? || Register here

    Webinar Date: 1st August 2021

    Timings: 7 PM

    REGISTER FOR THE WEBINAR ( CLICK HERE )

    As complicated as it may appear, the UPSC Civil services exam is more about carrying nerves. It’s also about maintaining discipline for the time being and till you succeed. Nor the subjects are esoteric or unheard of. But the character for one to be able to sacrifice the beauty called life and family is rare. Your stay in the game with the zeal to come out winning is very important.

    Philosophy aside, but keeping the practical elements in mind, let’s dig a little deeper.  Also, find out what it takes for one to jump that threshold and what our toppers have said. Why have they not been able to clear earlier and what changes have they made to succeed?. These are the most sought-after info and are available on the internet. But from an individual’s perspective, one can not ignore his/her inconclusiveness due to lack of a distinct plan or direction.

    Hence, we are coming up with an open session. To counter myths and give some facts which will help you see the light on the other side of the tunnel about the exam.

    In this open session, we are going to give a clear insight which is important for one to save time, energy, and effort. Which might otherwise be getting wasted in the wrong direction? This is important because for an individual the first year is the year with maximum energy, expectation from self, go-getter attitude, etc..

    Register for the webinar ( Click here )

    We tend to get lost in the sea of advice and sources of studies. To save one from such torrents of information, it’s sometimes said that we need to better know “what not to follow than what to follow”.

    Anyways such hypotheses aside, your time in this open session is going to be full of interaction. Some previous year aspirants are also expected to be present. We do expect that all your confusion about the exam will get clear.

    Attendees can expect some takeaways too in the form of softcopies relevant to the exam. They will be available to you via email once you have done the registration for the open session.

    In this webinar, Ajay Verma, Mentor Head at Civilsdaily will give you an overview:

    – What UPSC expects out of you?

    – Avoiding Mistakes that can cost you an attempt?

    – What to do to master the IAS-Exam?

    – How to clear the exam -Step-by-Step learning plan?

    – An interactive Q&A session with Current Students at Civilsdaily

    – How to clear the exam on the very first attempt?

    – Important Civilsdaily softcopies takeaway for exam preparation.

    A quick bit about Ajay :

    Ajay has firsthand experience with 6 Mains and 3 interviews of UPSC. He has gathered experience working as Mentor-Head at CivilsDaily for the past 3 Yrs and helped many cross the threshold.

    REGISTER FOR THE WEBINAR ( CLICK HERE )

  • Streak Daily Initiative: Question Hour – Day 6

    Questions for the Day:

    Try these Mains Questions :

    Q: Would you say that implementation of the Panchayati system has led to a real restructuring of the Indian polity? (15)

    Q: ‘Although District planning committees and Metropolitan planning committees have been provided, those remain mostly on paper.’ Comment. (10) 

    Try these Prelims Questions :

    Q1. The fundamental object of the Panchayati Raj system is to ensure which among the following?

    1. People’s participation in development
    2. Political accountability
    3. Democratic decentralization
    4. Financial mobilization

    Select the correct answer using the code given below

    (a) 1, 2, and 3 only

    (b) 2 and 4 only

    (c) 1 and 3 only

    (d) 1, 2, 3 and 4

    Q2. The Government enacted the Panchayat Extension to Scheduled Areas (PESA) Act in 1996. Which one of the following is not identified as its objective?

    (1) To provide self-governance

    (2) To recognize traditional rights

    (3) To create autonomous regions in tribal areas

    (4) To free tribal people from exploitation

    Which of the above statements are true?

    A. 1,2 and 3

    B. 2,3 and 4

    C. 1,2 and 4

    D. all of above

    Q3. Consider the following statements:

    1. MGNREGA has in-built provisions for social audit

    2. Any resident of a panchayat can do a social audit who is part of the gram sabha.

    3. CAG conducts accounting and audit of PRIs by the 73rd amendment of the constitution.

    Which of the above statements is/are correct regarding social audits in India?

    A 1 and 2 only

    B 2 and 3 only

    C 1 and 3 only

    D 1, 2 and 3

    Q4. Which the following statements is/are correct with regards to District Planning Committee?

    1. It is provided by the 74th Constitutional Amendment Act.
    2. It consolidates the plan prepared by the Panchayats and Municipalities of the district.
    3. All its members are elected by the elected members of the Panchayats and Municipalities from amongst themselves.

    Select the correct answer from the codes given below:

    A 1 and 2 only

    B 2 only

    C 1 and 3 only

    D 3 only

    Q5. Consider the following statements about State Election Commission? 

    1. The State Election Commissioner shall be appointed by the Governor of the State.

    2. The State Election Commission shall have the power of even preparing the electoral rolls besides the power of superintendence, direction, and control of election to the panchayats.

    3. The State Election Commissioner cannot be removed in any manner from his office until he demits himself or completes his tenure.

    Which of the above statements is/are correct?

    (a) 1, 2 and 3

    (b) 1 and 2 only

    (c) 2 and 3 only

    (d) 1 only

    Q6. Which of the following statements are correct regarding Cantonment Boards?

    1. A cantonment board is established for municipal administration of defense personnel residing in civilian areas.
    2. The executive officer of the cantonment board belongs to Central Cadre.
    3. A cantonment board is created by the State Government but administered by the Central government on grounds of national security.

    Select the correct answer from the codes given below:

    A 1 and 2 only

    B 2 only

    C 1 and 3 only

    D 3 only

    Sukanya madam’s video would be out at 7:00 PM and Santosh sir would provide the video at 9:00 PM.

    Watch this space for more updates exclusively for you.

  • EU’s vaccine travel pass discriminates against low-income countries

    Context

    The introduction of Covid-19 vaccines has opened up opportunities to help revive travel. However, it is important to carefully design policies that help revive travel demand.

    Vaccine certificates

    • Many countries like China and Israel have introduced vaccine certificates that ease the process of entering and travelling across the destination country for vaccinated travellers.
    • Can encourage discriminatory treatment: Though these certificates can ensure trade facilitation, they can potentially act as a trade barrier if they encourage discriminatory treatment.
    • The recent and the most contentious issue in this regard is the European Union’s “Green Pass” scheme.

    Issues with European Union’s Green Pass

    • Through this vaccine certificate, the European Commission intends to remove travel restrictions such as entry bans, quarantine obligations and testing.
    • Only 4 vaccines listed: The EU has listed only four vaccines approved by the European Medicines Agency (EMA) for the pass: Pfizer-BioNTech’s Comirnaty, Moderna’s Spikevax, Oxford-AstraZeneca Vaxzevria and Johnson & Johnson’s Janssen.
    • It makes travellers from countries administering alternate vaccines ineligible for certification.
    • When it was launched, the policy did not even allow AstraZeneca’s Indian-manufactured vaccine, Covishield.
    • Against COVAX policy: This goes against the policy of COVAX, which has categorically stated that such measures would effectively create a two-tier system and would negatively impact the growth of economies that are already suffering the most.
    • Discriminatory against low-income countries: Vaccine doses administered per 100 people is 1.4 for low-income countries as compared to 93.2 for high-income countries.
    • This makes travellers from low-income countries ineligible to avail these certificates.
    • As per estimates based on information from the WHO, countries not administering any of the EMA-approved vaccines account for at least 14 per cent of the vaccinated population.
    • These lie mostly in low and middle-income countries, including India.
    • Harms domestic sector: Nationals from many of these countries also serve in the hospitality industries in countries across the world, including Europe.
    • With this exclusion criteria, an indirect cost burden is put on their domestic service sectors that are already reeling due to the pandemic.
    • Against globalisation policy: With such discriminatory intervention, the EU policy does not go well with the globalisation policy of collective welfare.

    Steps to boost vaccine production

    • Covid vaccine makers across the world have created a platform, led by the Coalition for Epidemic Preparedness Innovations, to connect with key raw material suppliers needed for boosting production.
    • In a recent declaration, WTO members have agreed to review and eliminate unnecessary existing export restrictions on essential medical goods needed to combat the pandemic.

    Way forward

    • Cooperate on vaccine production: To achieve the desired goal, countries need to cooperate on vaccine production to accelerate the global vaccination process.
    • Remove restrictions and trade barriers: Accelerating global vaccine production makes lifting trade barriers on raw materials for vaccine production critical.
    • The two relevant bodies, WHO and WTO, should also work together to sort out selective criteria for international movement.

    Conclusion

    Developed countries should refrain from discriminatory international travel policies against low-income countries and focus on increasing vaccine production to close the vaccination gap at the global level.

  • First group insolvency proceeding points to larger weakness in IBC

    Context

    National Company Law Appellate Tribunal (NCLAT) stayed the approval granted by the Mumbai bench of the National Company Law Tribunal (NCLT) to the resolution plan for the Videocon Group.

    Concerns with resolution plan

    • Resolution plan submitted by Twinstar Technologies, provided for payment of Rs 2,962 crore — a mere 4.15 per cent of Videocon’s total admitted debt of Rs 64,838 crore.
    • Payment of debt not in fair and equitable manner:  Under the IBC (Section 30(2)(b)), the resolution plan must provide for payment of debts amongst creditors in a “fair and equitable” manner.
    • However, in the plan submitted by Twinstar, unsecured assenting financial creditors and operational creditors are getting a paltry 0.62 per cent and 0.72 per cent of their admitted dues.
    • Even the secured assenting and dissenting financial creditors had to settle for only 4.9 per cent and 4.56 per cent of their respective dues.
    • Confidentiality obligation concerns: Twinstar’s bid of Rs 2,962 crore is close to the liquidation value of the Videocon Group estimated at Rs 2,568 crore, thereby raising legitimate suspicion and concern over the confidentiality of the resolution process.
    • The I&B Regulations, 2016 state that the resolution professional must maintain the confidentiality of the fair market value and liquidation value of the corporate debtor and can only disclose the same to the CoC members after the resolutions plan have been submitted.
    • Time delay: Status-quo ante has been restored until the next date of hearing by which time more than three years would have passed since the Videocon group was admitted into insolvency proceedings.
    • This is way beyond the statutory timeline of 330 days.

    Confidentiality rules need to be revised

    • The CoC members must, on receipt of the information, issue an undertaking of confidentiality.
    • But no such obligation falls on the resolution professional.
    • Further, Section 29(2) of the code provides that the resolution professional must disclose all “relevant information” to the resolution applicant and it is for the resolution applicant to ensure compliance with confidentiality obligations.
    • Again, there is no such duty imposed on the resolution professional.
    • Even under Section 25 of the code, titled “Duties of resolution professional”, the specific duty to maintain confidentiality of sensitive information is absent.
    • Clearly, the current regime does not have much deterrence value so as to ensure solemn adherence to confidentiality.

    Conclusion

    Videocon was one of the first test cases to examine the prospects of insolvency jurisprudence in India and the first one, for group insolvency proceedings.  However, almost four years and a 95 per cent haircut later, the call for an immediate course correction couldn’t be louder.

    Back2Basics: Operational creditor and financial creditors

    • When a corporate defaulter is brought under the resolution process (Corporate Insolvency Resolution Process or CIRP), there can be two types of creditors to whom the corporate should give back money –
    • (1) the entities who gave loans or funds to the corporate.
    • (2) the entities from whom the corporate bought inputs and other services.
    • The financial creditors are basically entities (lenders like banks) that have provided funds to the corporate.
    • Their relationship with the entity is a pure financial contract, such as a loan or debt security.
    • On the other hand, business and other entities that have provided inputs and other materials and services and to whom the defaulted corporate owes a debt are called as operational creditors.
    • Both have claims on the defaulted corporate or the defaulted corporate owe payments to both these categories.
    • Rights for these categories under the resolution process are also different.
    • The IBC gives a clear preference to the claims of the financial creditors over the operational creditors through several procedures.

    Haircut

    • A haircut is the difference between the loan amount and the actual value of the asset used as collateral.
    • It reflects the lender’s perception of the risk of fall in the value of assets.
    • But in the context of loan recoveries, it is the difference between the actual dues from a borrower and the amount he settles with the bank.

  • 31st July 2021 | Prelims Daily with Previous Year Questions

    [WpProQuiz 715]

    [WpProQuiz_toplist 715]

  • Explained: Creamy Layer in OBCs

    A proposal to revise the criteria for defining the “creamy layer” among OBCs has been pending for years, and MPs have raised the issue during the ongoing Monsoon Session of Parliament.

    What is the Creamy Layer?

    • Creamy Layer is a concept that sets a threshold within which OBC reservation benefits are applicable.
    • While there is a 27% quota for OBCs in government jobs and higher educational institutions, those falling within the “creamy layer” cannot get the benefits of this quota.

    Basis of Creamy Layer

    • It is based on the recommendation of the Second Backward Classes Commission (Mandal Commission).
    • The government in 1990 had notified 27% reservation for Socially and Educationally Backward Classes (SEBCs) in vacancies in civil posts and services that are to be filled on direct recruitment.
    • After this was challenged, the Supreme Court in the Indira Sawhney case (1992) upheld 27% reservation for OBCs, subject to exclusion of the creamy layer.

    How is it determined?

    • Following the order in Indra Sawhney, an expert committee headed by Justice (retired) R N Prasad was constituted for fixing the criteria for determining the creamy layer.
    • In 1993, the Department of Personnel and Training (DoPT) listed out various categories of people of certain rank/status/income whose children cannot avail the benefit of OBC reservation.
    1. For those not in government, the current threshold is an income of Rs 8 lakh per year.
    2. For children of government employees, the threshold is based on their parents’ rank and not income.
    3. For instance, an individual is considered to fall within the creamy layer if either of his or her parents is in a constitutional post; if either parent has been directly recruited in Group-A; or if both parents are in Group-B services.
    4. If the parents enter Group-A through promotion before the age of 40, their children will be in the creamy layer.
    5. Children of a Colonel or higher-ranked officer in the Army, and children of officers of similar ranks in the Navy and Air Force, too, come under the creamy layer.
    6. Income from salaries or agricultural land is not clubbed while determining the creamy layer (2004).

    What is happening now?

    • MPs have raised questions about the pending proposal for revising the criteria.
    • They have asked whether the provision of a creamy layer for government services only for OBC candidates is rational and justified.

    Has it ever been revised?

    • Other than the income limit, the current definition of the creamy layer remains the same as the DoPT had spelled out in 1993 and 2004.
    • The income limit has been revised over the years.
    • No other orders for the definition of the creamy layer have been issued.
    • While the DoPT had stipulated that it would be revised every three years, the first revision since 1993 (Rs 1 lakh per year) happened only in 2004 (Rs 2.50 lakh), 2008 (Rs 4.50 lakh), 2013 (Rs 6 lakh), and 2017 (Rs 8 lakh).
    • It is now more than three years since the last revision.

    What does the government propose to do about the revision?

    • A draft Cabinet note has stated that the creamy layer will be determined on all income, including salary calculated for income tax, but not agriculture income.
    • The government is considering a consensus on Rs 12 lakh but salary and agriculture income are also being added to the gross annual income.

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