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  • China’s EAST Tokamak Device

    China’s Experimental Advanced Superconducting Tokamak (EAST), which mimics the energy generation process of the sun, set a new record.

    What is China’s ‘artificial sun’ EAST?

    • The Experimental Advanced Superconducting Tokamak (EAST) reactor is an advanced nuclear fusion experimental research device.
    • The purpose of the artificial sun is to replicate the process of nuclear fusion, which is the same reaction that powers the sun.
    • The EAST is one of three major domestic tokamaks that are presently being operated across the country.
    • Apart from the EAST, China is currently operating the HL-2A reactor as well as J-TEXT.
    • Since it first became operational in 2006, the EAST has set several records for the duration of confinement of exceedingly hot plasma.
    • The EAST project is part of the International Thermonuclear Experimental Reactor (ITER) facility, which will become the world’s largest nuclear fusion reactor when it becomes operational in 2035.
    • The project includes the contributions of several countries, including India, South Korea, Japan, Russia and the United States.

    How does the ‘artificial sun’ EAST work?

    • The EAST Tokamak device is designed to replicate the nuclear fusion process carried out by the sun and stars.
    • Nuclear fusion is a process through which high levels of energy are produced without generating large quantities of waste.
    • Previously, energy was produced through nuclear fission — a process in which the nucleus of a heavy atom was split into two or more nuclei of lighter atoms.

    Fission vs. Fusion

    • While fission is an easier process to carry out, it generates far more nuclear waste.
    • Unlike fission, fusion also does not emit greenhouse gases and is considered a safer process with a lower risk of accidents.
    • Once mastered, nuclear fusion could potentially provide unlimited clean energy and very low costs.

    But what is Fusion?

    • For nuclear fusion to occur, tremendous heat and pressure are applied on hydrogen atoms so that they fuse together. `
    • The nuclei of deuterium and tritium — both found in hydrogen — are made to fuse together to create a helium nucleus, a neutron along with a whole lot of energy.
    • Fuel is heated to temperatures of over 150 million degrees C so that it forms a hot plasma “soup” of subatomic particles.
    • With the help of a strong magnetic field, the plasma is kept away from the walls of the reactor to ensure it does not cool down and lose its potential to generate large amounts of energy.
    • The plasma is confined for long durations for fusion to take place.

    What is the latest record and why does it matter?

    • The EAST reactor set a new record on Friday when it achieved a plasma temperature of 216 million degrees Fahrenheit and also managed to run for 20 seconds at 288 million degrees Fahrenheit.
    • To put this in perspective, the sun’s core only reaches about 15 million degrees Celsius, which means the reactor was able to touch temperatures that are 10 times hotter than that.
    • The next goal for the scientists behind the experimental reactor is to maintain the high temperature for a long period of time. Previously, the EAST had reached a record temperature of 100 million degrees Celsius in 2018.

    China is not the only

    • But China is not the only country that has achieved high plasma temperatures.
    • In 2020, South Korea’s KSTAR reactor set a new record by maintaining a plasma temperature of over 100 million degrees Celsius for 20 seconds.
  • [pib] SDG India Index 2021

    The third edition of the SDG India Index and Dashboard 2020–21 was released by NITI Aayog.

    SDG India Index

    • The index measures the progress at the national and sub-national level in the country’s journey towards meeting the Global Goals and targets.
    • It has been successful as an advocacy tool to propagate the messages of sustainability, resilience, and partnerships, as well.
    • From covering 13 Goals, 39 targets, and 62 indicators in the first edition in 2018-19 to 17 Goals, 54 targets and 100 indicators in the second; this third edition of the index covers 17 Goals, 70 targets, and 115 indicators.

    Aims and objectives

    • The construction of the index and the ensuing methodology embodies the central objectives of measuring the performance of States and UTs on the SDGs and ranking them.
    • It aims at supporting States and UTs in identifying areas which require more attention; and promoting healthy competition among them.

    Methodology and Process

    • The index estimation is based on data on indicators for the first 16 goals, with a qualitative assessment for Goal 17.
    • The technical process of target setting and normalization of scores follow the globally established methodology.
    • While target setting enables the measurement of the distance from the target for each indicator, the process of normalization of positive and negative indicators allows for comparability and estimation of goal-wise scores.
    • The composite score of a State is derived by assigning each goal the same weight, keeping in mind the indivisible nature of the 2030 Agenda.
    • The selection of indicators is preceded by a consultative process undertaken in close coordination with MoSPI, Union Ministries and stakeholders from States and UTs.

    Highlights of the 2021 Report

    States and Union Territories are classified as below based on their SDG India Index score:

    • Aspirant: 0–49
    • Performer: 50–64
    • Front-Runner: 65–99
    • Achiever: 100

    Its significance

    • The index represents the articulation of the comprehensive nature of the Global Goals under the 2030 Agenda while being attuned to the national priorities.
    • The modular nature of the index has become a policy tool and a ready reckoner for gauging the progress of States and UTs on the nature of goals including health, education, gender, economic growth and climate change and the environment.

    Back2Basics: Sustainable Development Goals

    • The UN General Assembly in its 70thSession considered and adopted the Sustainable Development Goals (SDGs) for the next 15 years.
    • The 17 SDGs came into force with effect from 1st January 2016.
    • Though not legally binding, the SDGs have become de facto international obligations and have the potential to reorient domestic spending priorities of the countries during the next fifteen years.
    • Countries are expected to take ownership and establish a national framework for achieving these goals.
    • Implementation and success will rely on countries’ own sustainable development policies, plans, and programs.
  • Prices, profits and the pandemic: What RBI could do

    The article discusses the challenges in managing the inflationary pressure while ensuring the low interest rates and sufficient liquidity in the covid battered economy.

    Growing inflationary pressure

    • As the second wave eases, producers could pass on more cost increases to consumers, pushing up inflation.
    • Inflationary pressures are on the rise, globally and domestically.
    • Real rates in India have moved into the negative terrain and some measures of inflation expectations have begun to rise gently.
    •  WPI inflation was subdued last year during the first wave of the pandemic due to falling global commodity prices.
    • This year is different, as inflationary pressures have surfaced in the WPI.
    • And within WPI inflation, input prices are rising much faster than WPI output prices.
    • Producers do not seem to be passing on much of the rise in raw material costs to output prices, perhaps worried that already uncertain demand could weaken further.
    • After states roll back local lockdowns, the demand for goods and services will gradually picks up, producers may feel more confident about passing on raw material cost increases to output prices, pushing core inflation higher, particularly in the second half of FY22.

    RBI’s role: Dealing with impossible trinity?

    • Last year, RBI was faced with conflicting objectives on inflation, bond yields and the rupee, also known as the impossible trinity.
    • It bought dollars to prevent the rupee from strengthening too much and purchased government bonds to keep bond yields from spiralling out of control.
    • But this created excess rupee liquidity in the banking system, which over time can stoke inflation and other financial imbalances.
    • These conflicting objectives are also likely to linger this year, and RBI will have to juggle them carefully.
    • As the year progresses, space could open up for RBI to gradually shift the focus to inflation control.
    • With the current account moving into deficit, the balance of payments surplus is likely to fall, so RBI may not have to purchase as many dollars as last year.
    • The will result in decrease in domestic liquidity and ultimately an important part of the normalization of monetary policy and inflation control.
    • RBI would still need to buy government bonds to support the administration’s borrowing programme.
    •  However, a large carry-over of cash balances could act as a buffer—they totalled 2.5 trillion at the end of FY21, almost double the recent average.
    • This could help fund some of the unbudgeted rise in the fiscal deficit.

    Way forward on controlling inflation

    • If the need to buy dollars is lower than last year, RBI could gradually shift the focus to controlling inflation.
    • Starting in 4Q 2021, when the proportion of the population vaccinated will hopefully reach critical mass, RBI need to start reducing the level of surplus liquidity, raise the reverse repo rate, and change its monetary stance to neutral.
    • The aim should be to gradually push up short-end rates towards 4%, so that real rates don’t remain hugely negative for too long.
    • An increase in the benchmark repo rate— currently 4%— can wait, perhaps until there are surer signs that the private investment cycle is rising.

    Conclusion

    Dealing with the three elements of impossible trinity this time is not as difficult for the RBI as it was last year, it needs to shift focus to inflation control at the opportune moment.


    Back2Basics: Real interest rate

    • A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor.
    • The real interest rate of an investment is calculated as the difference between the nominal interest rate and the inflation rate.

    Real Interest Rate = Nominal Interest Rate – Inflation (Expected or Actual)

    The impossible trinity

    • A theory that states that, in the long-run, a central bank that hopes to conduct independent monetary policy must choose between maintaining a fixed foreign exchange rate and allowing the free movement of capital.
    • For instance, a central bank that chooses to increase the total money supply by adopting loose monetary policy cannot hope to maintain the foreign exchange value of its currency unless it resorts to restricting the sale of domestic currency in the currency market.
    • The idea is derived from the academic works of Canadian economist Robert Mundell and British economist Marcus Fleming.
  • ESCAPE THE SNOOZE MODE IN YOUR UPSC-CSE PREPARATION

    ESCAPE THE SNOOZE MODE IN YOUR UPSC-CSE PREPARATION

    Click here to fill the Samanvaya form for 1-1 mentorship. We will call you within 24 hours. (Also provided at the bottom of the article)


    We talked to 8000+ aspirants in the last one year and their answers will surprise you.

    Inconsistency in UPSC preparation is like getting up at 5 am. A night before you set up your alarm. The motivation to get up is high at this point. But in the morning, when the alarm rings, we swipe it to the right with a thought “IN 5 MINUTES…FOR SURE!!”. This snooze cycle usually continues for some time till we realize it is 8 am. Already a bad start to the day! To add to it, you will spend the whole day repenting upon not being able to get up early, instead of focusing upon the time we have. The same goes for UPSC preparation. You set your targets but one slight glitch and your whole preparation go off track. Till the time you yourself realize this mismanagement, it is a bit too late. Anxiety builds up, performance levels fall. You are not able to achieve even 10% OF YOUR TRUE POTENTIAL on the D-day.

    WE ASKED 8000+ STUDENTS ONE SIMPLE QUESTION –

    “WHAT IS THE BIGGEST OBSTACLE THAT YOU ARE FACING IN YOUR UPSC PREPARATION?”

    YOU WILL BE ASTOUNDED THAT ONE ANSWER WAS COMMON IN REPLIES – INCONSISTENCY.

    They are Consistently Inconsistent. Meaning, they go through these highs and lows in their preparation. They are able to study for days, week but they hit a sudden gap in preparation. Then, they find it very hard to come back. The good news is that we have the solution.

    Click here to fill the Samanvaya form for 1-1 mentorship. We will call you within 24 hours.

    Our philosophy behind MENTORSHIP is to get you out of this Snooze cycle. This ensures that you are the BEST VERSION of yourself in this journey. If you are under the impression that mentorship is weekly calls you attend, then you are mistaken, my friend. Trust us, your mentor will be your ‘FRIEND, PHILOSOPHER AND GUIDE’.

    How Mentorship can fight inconsistency in preparation?

    TO EACH THEIR OWN – Every aspirant is different. Their strengths and weaknesses are different. Their time availability is also different. Identifying this is important so you don’t end up making unrealistic targets and lose momentum. Your mentor will make sure you start slow but remain consistent to build your confidence. Making your schedule structured based on our experience of working with 2500+ students is our first priority. 

    TRACK YOUR PROGRESS – When you see yourself grow, it becomes easier to motivate yourself to push boundaries. Tracking your progress can happen in many ways like mentorship calls or chat sessions or by regular tests. The idea is to ensure that you don’t go off track in your preparation, and even if you do, we have your back.

    Click here to fill the Samanvaya form for 1-1 mentorship. We will call you within 24 hours.

    EVOLUTION – A constant guidance is important to bring consistency to your UPSC preparation. Guidance is not about clearing your doubts or asking you to study when you don’t. It is also about the evolution of your preparation. This is where you and your mentor work as a team. A constant effort to PLAN AND BUILD UP YOUR ABILITY to learn in a faster and more efficient way.

    Click here to fill the Samanvaya form for 1-1 mentorship. We will call you within 24 hours.

    TALK IT OUT – The biggest hurdle in achieving your highest level of consistency is the emotional part. Every now and then, you. surround yourself with negative thoughts, you feel scared and depressed. Instead of resolving these emotional issues, you avoid them as it seems like a waste of your precious time. You have to understand that ignoring emotional troubles does not solve them. What your doing is building an emotional time bomb that may burst a week before your mains or prelims! This is where your MENTOR AS A FRIEND comes in. All our mentors have been through this journey. We understand your fears and anxieties. So, TALK IT OUT.

    Click here to fill the Samanvaya form for 1-1 mentorship. We will call you within 24 hours.

    Don’t let inconsistency keep you away from your dreams.

    Fill up the SAMANVAYA form given below. Let us know your problems and we will find a solution to it, just like our students say ” TOGETHER WE CAN AND WE WILL”.

  • Challenges federalism faces in India

    The article highlights the challenges faced by the federalism in India in various domains and forms and suggests the ways to deal with these challenges.

    Growing tendency towards Centralisation

    • Moves to erode the powers of State governments are not new.
    • The Centre, on several occasions, has used its powers to dismiss or use the Governor to intimidate democratically elected governments.
    • During the Emergency, education was moved to the Concurrent list which was until then a State subject under the constitutional division of responsibilities.
    • However, the changes to federal relations at present are more systemic.
    • There has been increasing centralisation in resource allocations and welfare interventions.
    • After GST, the gap between the revenue that State governments are allowed to generate and the expenditure that they are expected to incur has been widening.
    • The Centre has been encroaching into domains under State government control through centrally sponsored schemes in sectors such as education and health.

    Three domains in which federalism faces challenges

    1) State-capital relation

    • At present there is growing trend towards centralising economic power in conjunction with political centralisation.
    • The consolidation and expansion of a few big business groups is taking place, probably at the expense of smaller players.
    •  On the one hand, the Centre has sought to insulate Indian big business from global competition by choosing not to enter into the Regional Comprehensive Economic Partnership (RCEP).
    • But the power of small businesses is eroded through support for GST and the call for a single national market.
    • So, big businesses are more likely to benefit from a removal of State-level barriers to trade at the expense of smaller regional players.

    2) Institutional transgression

    • Central institutions are increasingly weakening the policy levers of State institutions.
    • There are growing allegations of the misuse of institutions such as the Income Tax Department, the Enforcement Directorate and the National Investigation Agency are being used to intimidate opponents..
    •  Direct transfers to beneficiaries of welfare schemes bypassing States are also contributing to this dynamic.
    • The Centre is increasingly ignoring elected representatives of State governments, holding meetings with State secretaries and district collectors on issues that are primarily under State control.
    • Governors perform active administrative roles instead of their signatory roles.
    • To ensure national uniformity in educational institutions NEET was introduced in medical education.
    • But it subverts the affirmative action policies developed at the regional level in response to local.
    • In the domain of health, the Centre has now put State governments at a disadvantage in vaccine usage by fixing differential pricing for procuring vaccines.

    3) Socio-cultural foundations

    • Beside the legal-constitutional aspects of federalism, it is diversity in cultural foundation of regions that sustains Indian federalism.
    •  Markers of regional identities and regional socio-cultural practices are now interpreted as belonging to a pan-Indian Hindu tradition.

    Conclusion

    To stem this trend towards centralisation we need to provide more legal and constitutional safeguard to the States, strong regional political assertion and a strong federal coalition.

  • Global minimum tax may help India but can cause international disagreements

    The article deals with the issue of global minimum tax proposal floated by the US, challenges it faces and its implications for India.

    The US proposal for global minimum tax

    • In its recent proposal, the U.S. sought to impose a global minimum tax on foreign income earned by U.S. corporations.
    • The proposal is intended to disincentivise American companies from inverting their structures due to the increase in the U.S. corporate tax rate.
    • The U.S. is now discussing a floor of 15% for the minimum tax rate.
    • The proposal is similar to Pillar Two, except for the rate of the effective minimum tax.

    Similarity with Pillar Two Proposal

    • The Pillar Two proposal was the Organisation for Economic Co-operation and Development’s (OECD) plan to plug the remaining Base Erosion and Profit Shifting (BEPS) issues
    • It provide jurisdictions the right to “tax back” where other jurisdictions have either not exercised their primary taxing right or have exercised it at low levels of effective taxation.
    • For instance, if an Indian-headquartered multinational corporation (MNC) has an entity in Singapore or the Netherlands through which global operations are run, and its income from global operations is not taxed at an effective rate of 10% or 15%, then it can be taxed in India.
    • India has been part of the Pillar Two discussions and has not objected in principle to the proposal.

    How Global Minimum Tax would benefit India?

    • The proposal, along with the increased tax bill for U.S. companies, may benefit the Indian revenue department.
    • The State of Tax Justice report of 2020 notes that India loses over $10 billion in tax revenue due to the use of offshore structures, particularly through investments made by Indian residents through Mauritius, Singapore and the Netherlands.
    • This is supported by the overseas direct investment (ODI) data from 2000 to 2021 published by the Reserve Bank of India.
    • Start-ups and large Indian conglomerates commonly use offshore structures for conducting global operations.
    • Revenue from such operations is often retained offshore and not repatriated to India.
    • Tax advantages incentivise such structures, due to which taxes on such income are not paid in India.
    • Once these proposals are implemented, Indian companies would have to pay additional taxes on their offshore structures to the extent that the effective rate of tax is lower than the global minimum tax rate.

    Challenges

    • Lack of consensus: Several countries have taken a different approach to the rate of global minimum tax.
    • While France and Germany have expressed support, the EU has raised concerns regarding the high rate proposed by the United States.
    • Tax sovereignty issue: Countries have stated that the proposal infringes upon their tax sovereignty and that the fight against unfair tax competition should not become a fight against competitive tax systems.

    Consider the question “What are the factors that led to the demand of global minimum corporate tax? What will be its implications for India?” 

    Conclusion

    As economies struggle amid the COVID-19 pandemic, the necessity of encouraging trade and economic activity should be prioritised over disagreements on tax allocations. A tax-related trade war or entrenchment of unilateral levies may further harm both global and national economies.

  • ESCAPE THE SNOOZE MODE IN YOUR UPSC-CSE PREPARATION

    ESCAPE THE SNOOZE MODE IN YOUR UPSC-CSE PREPARATION

    Click here to fill the Samanvaya form for 1-1 mentorship. We will call you within 24 hours. (Also provided at the bottom of the article)


    We talked to 8000+ aspirants in the last one year and their answers will surprise you.

    Inconsistency in UPSC preparation is like getting up at 5 am. A night before you set up your alarm. The motivation to get up is high at this point. But in the morning, when the alarm rings, we swipe it to the right with a thought “IN 5 MINUTES…FOR SURE!!”. This snooze cycle usually continues for some time till we realize it is 8 am. Already a bad start to the day! To add to it, you will spend the whole day repenting upon not being able to get up early, instead of focusing upon the time we have. The same goes for UPSC preparation. You set your targets but one slight glitch and your whole preparation go off track. Till the time you yourself realize this mismanagement, it is a bit too late. Anxiety builds up, performance levels fall. You are not able to achieve even 10% OF YOUR TRUE POTENTIAL on the D-day.

    WE ASKED 8000+ STUDENTS ONE SIMPLE QUESTION –

    “WHAT IS THE BIGGEST OBSTACLE THAT YOU ARE FACING IN YOUR UPSC PREPARATION?”

    YOU WILL BE ASTOUNDED THAT ONE ANSWER WAS COMMON IN REPLIES – INCONSISTENCY.

    They are Consistently Inconsistent. Meaning, they go through these highs and lows in their preparation. They are able to study for days, week but they hit a sudden gap in preparation. Then, they find it very hard to come back. The good news is that we have the solution.

    Click here to fill the Samanvaya form for 1-1 mentorship. We will call you within 24 hours.

    Our philosophy behind MENTORSHIP is to get you out of this Snooze cycle. This ensures that you are the BEST VERSION of yourself in this journey. If you are under the impression that mentorship is weekly calls you attend, then you are mistaken, my friend. Trust us, your mentor will be your ‘FRIEND, PHILOSOPHER AND GUIDE’.

    How Mentorship can fight inconsistency in preparation?

    TO EACH THEIR OWN – Every aspirant is different. Their strengths and weaknesses are different. Their time availability is also different. Identifying this is important so you don’t end up making unrealistic targets and lose momentum. Your mentor will make sure you start slow but remain consistent to build your confidence. Making your schedule structured based on our experience of working with 2500+ students is our first priority. 

    TRACK YOUR PROGRESS – When you see yourself grow, it becomes easier to motivate yourself to push boundaries. Tracking your progress can happen in many ways like mentorship calls or chat sessions or by regular tests. The idea is to ensure that you don’t go off track in your preparation, and even if you do, we have your back.

    Click here to fill the Samanvaya form for 1-1 mentorship. We will call you within 24 hours.

    EVOLUTION – A constant guidance is important to bring consistency to your UPSC preparation. Guidance is not about clearing your doubts or asking you to study when you don’t. It is also about the evolution of your preparation. This is where you and your mentor work as a team. A constant effort to PLAN AND BUILD UP YOUR ABILITY to learn in a faster and more efficient way.

    Click here to fill the Samanvaya form for 1-1 mentorship. We will call you within 24 hours.

    TALK IT OUT – The biggest hurdle in achieving your highest level of consistency is the emotional part. Every now and then, you. surround yourself with negative thoughts, you feel scared and depressed. Instead of resolving these emotional issues, you avoid them as it seems like a waste of your precious time. You have to understand that ignoring emotional troubles does not solve them. What your doing is building an emotional time bomb that may burst a week before your mains or prelims! This is where your MENTOR AS A FRIEND comes in. All our mentors have been through this journey. We understand your fears and anxieties. So, TALK IT OUT.

    Click here to fill the Samanvaya form for 1-1 mentorship. We will call you within 24 hours.

    Don’t let inconsistency keep you away from your dreams.

    Fill up the SAMANVAYA form given below. Let us know your problems and we will find a solution to it, just like our students say ” TOGETHER WE CAN AND WE WILL”.

  • 3rd June 2021| Daily Answer Writing Enhancement(AWE)

    Topics for Today’s questions:

    GS-1  Salient aspects of Art Forms, Literature and Architecture.

    GS-2 Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes; 

    GS-3 Indian Economy and issues relating to planning, mobilization, of resources, growth, development; Effects of liberalization on the economy.

    GS-4 Ethics and Human Interface: Essence, determinants and consequences of Ethics in-human actions; dimensions of ethics; ethics – in private and public relationships.

    Following are the questions:

    Question 1)

     

    Q.1) Despite being flourishing almost at the same time Mathura school of art had been remarkably different from its contemporary North-West School. (10 Marks)

     

    Question 2)

    Q.2) What are the policy measures and interventions made by the government of India to deal with the challenge of child labour? Assess the impact of Covid-19 pandemic on child labour and suggest the measures to mitigate the impact. (15 Marks)

    Question 3)

    Q.3) What are the factors that led to the demand of global minimum corporate tax? What will be its implications for India? (10 Marks)

    Question 4)  

    Q.4) “Both Law and Ethics are instrumental in controlling human conduct for peaceful social existence but ethics are not necessarily to do with being Law-abiding” Do you agree with this view? Justify your answer. (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 1st June is uploaded on 1st June 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, 1st June is uploaded on 3rd June, then these answers will be evaluated as per the mentor’s schedule.

    8. Also, if you are uploading an answer late then tag the mentor like @Swatantra so that the mentor is notified about your answer

    *In case your answer is not reviewed, reply to your answer saying *NOT CHECKED*. Swatantra Sir’s tag is available, tag him.

    For the philosophy of AWE and payment: