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  • GST Council defers Tax Rate increase on Textiles

    Hours before the new GST rate was to take effect, the GST Council  has decided to temporarily roll back the increase in tax rate for the textiles sector.

    What was the proposal?

    • The GST Council had recommended making certain rate changes for footwear and textiles to correct the inverted duty structure.

    What is Inverted Duty Structure?

    • An inverted duty structure arises when the taxes on output or final product is lower than the taxes on inputs.
    • This creates an inverse accumulation of input tax credit which in most cases has to be refunded.

    A loss for the govt

    • Inverted duty structure has implied a stream of revenue outflow for the government prompting the government to relook the duty structure.
    • For footwear, the government refunds around Rs 2,000 crore in a year.

    What is the present rate of GST on textiles?

    • At present, tax rate on manmade fibre, yarn and fabrics is 18%, 12% and 5%, respectively.
    • Apparel and clothing up to Rs 1,000 per piece currently attracts 5% GST.

    Issues with the tax increase

    • This decision has created a negative impact resulting in drop in demand and recession.
    • The new rate structure would cause closure of around 1 lakh textile units and losses of 15 lakh jobs nationally.

     

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  • Chisumle- Demchok: Worlds’ Highest Motorable Road

    Ladakh’s Chisumle-Demchok Road, when it crosses the Umling Pass, is now the world’s highest motorable road.

    Chisumle- Demchok Road

    • The project to build the road through the pass — a part of Border Roads Organization (BRO) Project Himank — had been completed in 2017, after which vehicles had started playing on the route.
    • The road is in south Ladakh. It passes through Umling La Pass, which is at a height of over 19,000 feet.
    • The height of the pass makes it the highest motorable road in the world, and was recently recognized as such by Guinness World Records.
    • The 52-km road ‘black-top’ tarmac road from Chisumle to Demchok betters the previous record of a road in Bolivia, which connects the volcano Uturuncu at 18,953 feet.
    • The road was built under extremely challenging conditions, as temperatures in the region can fall to below minus 40 degrees Celsius, and oxygen levels go down to 50 per cent below normal.

    Top of the world

    • At the pass, the road is higher than both the base camps for the climb to Mount Everest, the world’s highest mountain.
    • The South Base Camp in Nepal is at a height of 17,598 ft, while North Base Camp in Tibet is at 16,900 ft.
    • The Chisumle-Demchok road is also higher than the Siachen Glacier, which is situated at 17,700 feet.
    • Khardung La in Leh, which at one time was among the highest roads in the world, is at an altitude of 17,582 feet.

    Military significance of the road

    • This road provides a direct route from Chisumle, which lies on the major road coming from Leh, Karu and Nyoma.
    • All of these stations have important military stations which are close to the Line of Actual Control.
    • Demchok has been an India-China flashpoint earlier, the site of a standoff between the two armies in 2016.
    • In the current standoff in eastern Ladakh, which began in May 2020, Demchok has come up as a point of contention.

    Other benefits offered

    • The new axis will be helpful for the armed forces, making it easier to mobilize troops and equipment, including rations.
    • The road will not only enable faster movement of armed forces to the region but will also boost tourism and improve the socio-economic condition of the local people in the region.

    Certain limitations

    • Since the road goes through such a high pass, road transport will be unfeasible during the winter, when the armed forces rely on air support.

     

     

     

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  • What are Solid-State Batteries?

    After Twitter CEO Parag Agrawal, now another Indian origin is in the headline is Jagdeep Singh, CEO and founder of a US battery startup. The reason for his recent buzz for his breakthrough battery technology.

    About QuantumScape

    • QuantumScape Corp is a battery startup backed by Volkswagen AG.
    • Its solid-state battery — lithium metal with a solid electrolyte separating the two electrodes — is seen as an exceptionally bright prospect in E-Vehicle industry.

    What are Solid-state batteries?

    • A solid-state battery is a battery technology that uses solid electrodes and a solid electrolyte, instead of the liquid or polymer gel electrolytes found in lithium-ion or lithium polymer batteries.
    • Such batteries can provide potential solutions for many problems of liquid Li-ion battery, such as flammability, limited voltage, unstable solid-electrolyte interphase formation, poor cycling performance and strength.

    What are Li-ion Batteries?

    • Lithium-ion batteries use aqueous electrolyte solutions, where ions transfer to and fro between the anode (negative electrode generally made of graphite) and cathode (positive electrode made of lithium), triggering the recharge and discharge of electrons.
    • The energy density of lithium-ion cells used in today’s mobile phones and electric vehicles is nearly four times higher than that of older-generation nickel-cadmium batteries.

    Its limitations

    • Low energy density: Despite improvements in technology over the last decade, issues such as long charging times and weak energy density persist.
    • Small appliances: While lithium-ion batteries are seen as sufficiently efficient for phones and laptops, they still lack the range that would make EVs a viable alternative.
    • Extreme reactivity: One major problem is that lithium metal is extremely reactive.
    • Corrosion of cells: The main form of lithium corrosion is dendrites (branched lithium structures) that grow out from the electrode and can potentially pierce the separator short-circuiting the cell.
    • Fire hazard: In current lithium-ion batteries, in which the electrolyte is a flammable liquid, dendrite formation can trigger a fire.

    What is the breakthrough?

    • QuantumScape claims to prevent dendrites formation.
    • It uses a solid-state separator technology that eliminates the side reaction between the liquid electrolyte and the carbon/graphite in the anode of conventional lithium-ion cells.
    • The replacement of the separator enables the use of a lithium-metal anode in place of the traditional
    • The lithium metal anode is more energy-dense than conventional anodes, which allows the battery to store more energy in the same volume, according to the company.

    Key advantages of QuantumScape Battery

    • The advantages of the solid-state battery technology include higher cell energy density (by eliminating the carbon anode), lower charge time (by eliminating the need to have lithium diffuse into the carbon particles in conventional lithium-ion cells).
    • It has the ability to undertake more charging cycles and thereby a longer life, and improved safety.
    • Lower cost could be a game-changer, given that at 30 per cent of the total cost, battery expenses are a key driver of the vehicle costs.

    India’s battery push

    • The centre is working on a blueprint for a project of around 4,000 MWh of grid-scale battery storage system at the regional load dispatch centres that control the country’s power grid, primarily to balance the vagaries of renewable generation.
    • Reliance Industries Ltd has announced plans to set up an Energy Storage Giga factory; state-owned NTPC Ltd has floated a global tender for a grid-scale battery storage project.
    • The Ministry of Heavy Industries issued a request for proposal for setting up manufacturing facilities for Advanced Chemistry Cell (ACC) battery storage in India.

     

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  • How to Prepare Current Affairs for Core Subjects?|| Decoding the UPSC-CSE Current Affairs Puzzle|| Register for Samanvaya Free 1-on-1 Counselling Now

    How to Prepare Current Affairs for Core Subjects?|| Decoding the UPSC-CSE Current Affairs Puzzle|| Register for Samanvaya Free 1-on-1 Counselling Now

    Are you finding Current Affairs for UPSC-CSE to be a time-consuming affair? Do you either spend the entire day reading only current affairs or skip reading it for many days? Is there a lack of clarity while answering current affairs questions? Do you want to know the right approach to prepare for UPSC-CSE Current affairs without wasting time on trial and error? Then it’s time you filled the Samanvaya form for free 1-on-1 counselling session with an experienced faculty from Civilsdaily!

    Current Affairs for UPSC-CSE doesn’t only test an aspirant’s basic understanding, but their ability to critically analyze and remember certain very important details. It requires you to do match the following — you need to match the topic in your UPSC syllabus with the current affairs as you read. For example, India has placed an anti-dumping duty recently on China to protect it’s local manufacturers from cheap imports. This news is related to GS 3 Economics and comes under Foreign Trade topic.

    But that’s not all. Current Affairs is the key component that you cannot do without in all the 3 stages of your UPSC-CSE preparation — Prelims, Mains and Interview. And the way you are supposed to prepare for current affairs under each stage varies. You have to remember facts for Prelims, understand the background, challenges and the solutions of current events for Mains and for Interview you should be able to drive meaningful discussions with your current affairs knowledge. Hence, simply reading a newspaper cannot help you ace current affairs for UPSC-CSE.

    Unlike popular notion, importance of current affairs isn’t decreasing in UPSC-CSE papers. Rather, it’s become a part and parcel of every topic in the Core Subjects like Economy, Polity, Science and Environment. Let’s understand this with a question asked in UPSC-CSE Mains 2020 —

    Which steps are required for constitutionalization of a commission? Do you think imparting constitutionality to the National Commission for Women would ensure greater gender justice and empowerment in India? Give reasons.

    This question needs you to have current knowledge on government policies/interventions, constitutional and non-constitutional bodies, constitutional provisions and issues related to developmental and management of social sectors. That’s totally 4 topics for one answer!

    Remembering current affairs indices for Prelims MCQs & using them to substantiate answers in Mains is crucial to get marks above cut-off.

    Why Samanvaya for UPSC-CSE Current Affairs Preparation?

    In UPSC 2020, Civilsdaily helped 80+ students secure ranks in their exams. In the top 100, every 3rd ranker was a Civilsdaily student.

     A very recent success story would be Vishwa Shah, student of Civilsdaily Mentor, Sukanya Ma’am. Vishwa has cleared the GPSC exam to become the Deputy Superintendent of Police in Gujarat. He has penned a thank-you note yesterday. Heartiest Congratulations to Vishwa!

    One of our other Civilsdaily Student, Shubham Nagargoje cleared the exams in 2020 to become an IPS Officer. Shubham was gracious enough to let us know how he felt about Civilsdaily Samanvaya Guidance under Parth sir.

    To know how all of them cleared the exam with our mentorship, visit the Unherd Podcast.

    Now that results are announced for UPSC 2021 Prelims, out of 15 out of 25 students of Santhosh Gupta sir have been recommended to Mains. One such student, Rahul expresses his gratitude and extends his appreciation.

    Most of our Mentors like Sudhanshu sir, Sajal sir, Santhosh sir, Pravin sir, Parth Verma sir and Sukanya Ma’am were UPSC aspirants themselves and have attended UPSC Mains more than five times and UPSC Interview more than twice. Hence their mentorship is always a blend of the best test series, comprehensive notes and current affairs knowledge.

    All of them dedicate their time weekly to give 1-on-1 mentorship to every student where they discuss last week’s performance and next week’s approach.

    Be it Telegram, Whatsapp or Habitiat channels, they are always available and clear student’s doubts in a turnaround time of 24 Hours.

    Why Civilsdaily Mentors are the GPS for Your UPSC-CSE Preparation

    Remember there is always light at the end of the tunnel and if you want to get out of the tunnel you have to follow the direction of the light! Our mentors’ give you direction which is divided into daily modules. All you have to do is study and complete them on time.

    See the source image

    As every year passes by, we don’t get confident by the previous years’ performance and become laidback. Instead, we become more hungry to convert all our students into toppers.

    How are Current Civilsdaily Students Gearing up for UPSC-CSE 2022?

    Initially, our Civilsdaily student Smriti wasn’t confident about Prelims when she began her preparation. Though she had joined Civilsdaily in 2020, she started studying for UPSC-CSE back in 2019. At that time, Smriti had enrolled in multiple institutes. Though, most of these institutes had promised a personal mentor, she was unable to get in touch with them on a daily basis. Also those mentors never scheduled test-series on a weekly basis. Hence, despite preparing for a year, Smriti had scored only 35 marks out of 200 in her first test series by Civilsdaily.

    She then started writing 20-25 test series over the course of UAP 2021 and in her last test, her scores have drastically improved. She now scores in the range of 130-135 marks in prelims’ and 110+ in mains’ papers.

    In Smriti’s own words she describes her Samanvaya Mentorship Experience to be —

    Our parents provide us financial and emotional support, friends provide us moral support and the right mentor gives you logistic and logical support for UPSC. There are days when I felt I won’t be able to compete against lakhs of aspirants. That’s when my mentor, Ravi sir reminded me of my improvement and encouraged me that I can crack it with the same consistency. We need someone, who tells us we are performing well especially when we cannot see that ourselves. The mentorship at Civilsdaily helped me become mentally stronger as a person. In other institutes, mentors are allotted only for doubt resolution. But at Civilsdaily, I am getting end-to-end mentorship via value added notes, classes, test series and detailed evaluation.”

    Similarly our another Civilsdaily student, Ashish sums up his Samanvaya experience with Civilsdaily mentor, Pravin Sir, “Because of Pravin sir’s support, I am able to understand a topic in lesser time.”

    This image has an empty alt attribute; its file name is ashish.jpg

    This is how Pravin sir evaluates Ashish’s Mains Test Series every week. After every test series evaluation, Pravin sir schedules a 1 hour call to discuss how Ashish can improve his marks and the sources he can refer for key topics.

    It’s Your Turn Get the Free 40 Min Counselling Session By a CD Mentor

    At the core of Samanvaya lies the fact that each one of you will have a unique journey while preparing for the exam. Some will get through on the first attempt without much effort while others will take both more time and more effort.

    We want to understand you better to help you optimize your journey so you can focus on the right things and not waste time on the wrong ones. We are asking you to tap into the valuable experiences of mentors who underwent the same grind and realize the pitfalls and understand the shortcuts to make it.

    In the first counselling session, we will understand your weaknesses. Over 80% of students who claimed to have revised NCERTs twice were unable to answer basic questions. Many were not comfortable with at least 1 GS subject and Optional. Many struggled with ‘What went wrong’ after 2-3 years of hard work. Our mentors will provide free preliminary assignments so that we can assess your preparedness and suggest accurate strategies. We then help you to stick to one plan or strategy throughout your preparation.

    Samanvaya Code of Conduct to be followed

    However, before you fill the form and get your first 30 minute counselling with us for free, please keep in mind the following —

    • Be honest with your mentors about your preparation levels and stage.
    • Follow their advice and participate in tests and assignments that they set for you
    • Stay active in the telegram groups, ask doubts, don’t hold yourself back.
    • Don’t expect spoonfeeding. You have to drive the initiative.

  • [Burning Issue] Internet of Things (IoT)

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    Introduction

    The Internet of Things (IoT) can become a game-changer that India needs as this concept is set to disrupt almost every sector in India from smart cities and telecom to manufacturing and mobility. The rapid development in the IoT leads to the starting of the next digital revolution. However, the Internet of Things throws up many challenges like data safety and privacy. So India needs to push ahead with this concept to kick-start the radical development process with the proper regulatory framework in place to govern IoT.

    What is the Internet of Things?

    • IoT is the network of devices, vehicles, and home appliances that contain electronics, software, actuators, and connectivity which allows these things to connect, interact and exchange data.
    • IoT involves extending Internet connectivity beyond standard devices, such as desktops, laptops, smartphones, and tablets to everyday objects.
    • These objects may be anything from cell phones, coffee makers, washing machines, headphones, lamps, wearable devices.
    • It can also be components of machines, for example, a jet engine of an airplane or the drill of an oil rig.
    • Embedded with technology, these devices can communicate and interact over the Internet, and they can be remotely monitored and controlled.
    • Thus, it is all about connecting devices over the internet and letting them ‘talk’ to us, applications, and each other.
    • However, the Internet of Things doesn’t necessarily have to be connected to the internet; it can also be a network of things.

    Advantages of IoT

    • Monitor Data: It helps us know the precise quantity of supplies or the air quality in home, it can also provide more data that could not have previously been possible to collect easily. For instance, monitoring the expiration of products will improve safety.
    • Ease of Access: Right now, one can easily gain the required information in real-time, from almost any location. It only takes a smart device and an internet connection. Example using Google Maps to see our location, instead of asking a person in real life.
    • Speedy Operation: All this data pouring in enables us to complete multiple tasks with amazing speed. For example, IoT makes automation effortless. Smart industries automate repetitive tasks, thus allowing employees to invest their time and effort into more challenging things.
    • Adapting to New Standards: As IoT is an ever-changing topic, its changes are minimal compared to the other techs of the high-tech world. Without IoT, it would be complicated for us to keep track of all the latest things.
    • Better Time Management: IoT is a clever time-saving tool. We can look up the latest news on our phones during our daily commute, or check a blog about our favourite pastime, purchase an item in an online shop, we can do almost all the things from the palm of our hands.
    • Automation and Control: Without human interference, the machines are communicating with each other providing faster and timely output.
    • Saving Money: Another main advantage of IoT is saving money. If the cost of the tagging and monitoring machines are less compared with the amount of money saved, this is the reason for the Internet of Things being very widely adopted.
    • Allowing the data to be communicated and shared between devices and then translating it into our required way, makes our systems efficient.

    Applications of Internet of Things

    (1) Daily Lives

    • There can be several IoT examples in our day-to-day lives.
    • For instance, a person returning home after his office hours can call his coffee-maker to make the coffee ready when he reaches home.
    • IoT can be used to water the plants of the garden whenever the moisture level falls below a certain limit.
    • We can utilize IoT to convert a normal home into a smart home. It can be used in energy efficiency in homes and office places.

    (2) Industry

    • IoT’s effects may vary from industry to industry based on its utilization.
    • In the manufacturing sector, IoT can be utilized to enhance performance, minimize human-induced errors and consequently improve the overall quality of the manufactured products.
    • In the IT sector, utilization of IoT can result in improvement in services, development of more advanced software and digital services, etc.

    (3) Agriculture

    • IoT can be utilized to collect data about rainfall, soil moisture, soil nutrients, pest infestation, etc.
    • It can assist in making informed decisions to increase agricultural production as well as reducing the risks of crop failures etc.
    • It can help make agriculture profitable with better price-discovery for farmers through smart techniques.

    (4) Healthcare

    • Medical practitioners and doctors can use IoT to remotely monitor the patient’s health.
    • Smart beds can detect when the patient is trying to get up, his abnormal activities, etc.
    • Specialized sensors for senior citizens can be developed with the help of IoT.
    • Wearable heart monitors can help monitor the heartbeats, blood pressure of patients, etc.
    • It can revolutionize telemedicine applications.

    (5) Media

    • Corporate media houses can utilize IoT to monitor consumer habits for the purpose of behavior targeting = display consumer-specific advertisements. They can utilize Big Data and Data Mining for this purpose.

    (6) Transportation

    • IoT can be used in driverless cars and improve intra-vehicular communication to reduce accidents and traffic jams etc.
    • We can use it for electronic toll collections, smart parking, smart traffic management, etc.
    • IoT can be useful in logistics, fleet management, safety assistance, etc.

    (7) Smart cities

    • IoT can be utilized in solid waste management systems to improve the cleanliness of the city.
    • Smart meters and power grids can improve energy efficiency and reduce transmission loss.
    • IoT can be used to track the air pollution levels in the cities and give a warning when it breaches the prescribed safety levels.
    • IoT can also be used to develop smart transportation systems to minimize congestion in the cities.

    (8) Smart Retail

    • IoT provides an opportunity to retailers to connect with the customers to enhance the in-store experience. Interacting through Smartphones and using Beacon technology can help retailers serve their consumers better.
    • They can also track consumers’ paths through a store and improve store layout and place premium products in high traffic areas.

    (9) Energy Engagement

    • Power grids of the future will not only be smart enough but also highly reliable.
    • The basic idea behind the smart grids is to collect data in an automated fashion and analyze the behavior or electricity consumers and suppliers for improving efficiency as well as the economics of electricity use.
    • Smart Grids will also be able to detect sources of power outages more quickly and at individual household levels like a nearby solar panels, making possible distributed energy systems.

    What is the case with India?

    • IoT is the natural evolution of the internet and has many benefits including boosting global economies, improving public utilities, and increasing efficiencies.
    • Many of our global counterparts have already begun reaping the rewards of investing in IoT-based infrastructure.
    • The Indian government outlined a plan to leverage IoT as part of the Digital India mission.
    • The Indian IoT market is expected to reach $15 billion by 2020 and constitute 5% of the global market.
    • Investing in IoT will boost our economy on par with global leaders and it will also bring in investments, create jobs and improve Indian public infrastructure

    What are the measures taken by the government to promote IoT?

    • The central government launched a plan to utilize IoT as part of the Digital India mission.
    • The government came up with the National Digital Communications Policy 2018 to satisfy the modern realities of the telecom such as 5G technology, IoT, Machine to Machine (M2M) communication, etc.
    • The government also allowed 100% FDI in the telecom sector. This will help in the development and growth of the IoT.
    • Department of Electronics and Information Technology (DeITY) has published a draft policy for IoT. The target is to establish an IoT market of USD 15 billion by 2020 and having a share of 5-6% in the global IoT industry.

    Challenges with the IoT

    • Data Breach: Having access to data is excellent. Unfortunately, our personal data is more exposed.
    • Dependence on Technology: IoT is mainly dependent on the internet connection. When there is none, it can’t be used.
    • Complexity in Operation: IoT may seem to be managing tasks with ease, a lot of complex operations are done behind it. If by mistake the software makes a wrong calculation, this will affect the rest of the process.
    • Our Safety: As all the household appliances, industrial machinery, public sector services and many other devices all are connected to the Internet, a lot of information is available on it. This information is prone to attack by hackers. It would be very disastrous if private and confidential information is accessed by unauthorized intruders.
    • Inter Compatibility: As devices from various manufacturers will be interconnected to each other, the issue of compatibility in tagging and monitoring increases. This disadvantage can be overcome if manufacturers make a common standard, but there is still a possibility that the technical problems may still persist.
    • Lesser Employment of Menial Staff: The uneducated workers and helpers may lose their jobs as an effect of automation of daily activities. This can lead to unemployment in the society.
    • Technology Takes Control of Life: Our lives are increasingly controlled by technology and will be dependent on it. The younger generation is already addicted to technology for every little work to be done.

    How is IoT impacting the digital transformation of education?

    • Tracking movement: Integrated systems of IoT, which automatically transmit information about the child boarding the bus, the bus reaching the school, and the child entering the school premises, can be available to both parents and teachers via an app and automated messages.
    • Attendance system: Teachers and faculty members need not waste time on roll call. Instead, the student’s identity card automatically communicates with the sensors in the classroom and marks attendance.
    • Automatic sharing: Taking notes and marking critical points is an integral part of a student’s class activity. But, with IoT, all the contents on the black/whiteboard is automatically converted into a portable document and shared over email.
    • Session capture: An IoT environment automatically captures a classroom session (audio and video) and puts it on a shareable drive. This can be accessed by those students who missed the class. This way learning becomes both inclusive and accessible.
    • Ensuring security: With COVID-19 still doing the rounds, an IoT-based system integrated with CCTVs can scan the campus and spot people who are not wearing masks. The coordinates can be sent as an SMS and an email to the administrative authority for further action.
    • Read and translate: IoT can also be used to quickly scan editable text from books, papers, and other documents directly into a phone, tablet or computer and translate into more than 40 languages.

    Way forward

    • IoT makes life easier at the cost of privacy and hence Data Protection Bill can do a lot well in ensuring the privacy of an individual.
    • Policy-makers, regulators, device manufacturers, supporting industries, and service providers will all have to join hands in creating a safer space online.
    • In India, the NDCP (National Digital Communications Policy) brought alignment from critical stakeholders to advance India’s infrastructure and security around digital communications.
    • The draft IoT policy seeks to establish committees to govern and drive IoT-specific initiatives. It is not yet clear how much access to personal data these committees get and how their actions will be monitored.
    • The Justice Srikrishna Committee had recommended some provisions for personal data protection including a consumer’s right to information, consent, and right to request companies to erase their data if preferred.

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

  • MEETING LINK INSIDE, Register & Join||UPSC-CSE New Year Resolution|| Jan to Jun UPSC-CSE Prelims Calendar & How to Choose the Right Optional for Mains?|| Free Live Webinar with Civilsdaily Mentor  Ranadheer Ravula

    MEETING LINK INSIDE, Register & Join||UPSC-CSE New Year Resolution|| Jan to Jun UPSC-CSE Prelims Calendar & How to Choose the Right Optional for Mains?|| Free Live Webinar with Civilsdaily Mentor Ranadheer Ravula

    Team is inviting you to a scheduled Zoom meeting.

    UPSC-CSE 2022 New Year Resolution || Prelims 2022 Preparation & Choosing Optional for Mains? || by Ranadheer Ravula Mentor @Civilsdaily

    Date & Time: Dec 31, 2021 @06:00 PM (login starts 05:45 PM onwards) India

    Join Zoom Meeting

    https://zoom.us/j/91745832471?pwd=TTFuK08zSDBHK3lUUGF0MlRySHUvQT09


    Meeting ID: 917 4583 2471

    Passcode: 405482

    2021 surely sped by quickly for UPSC aspirants and now there’s only two more days left to welcome the new year. Every new year brings us new hopes, and every UPSC aspirant wishes that that they clear the exam that very year.

    If you are appearing for UPSC-CSE 2022 exams, you might have completed your entire prelims and mains syllabus right now. So what are you going to be doing January onwards? How are you going to switch to a prelims focused approach till June?

    Are you feeling low that you are unable to get the required cut-off marks in your test series. Worry not, for about 65% of the UPSC toppers have said that they scored below cut-off marks till December. But by June, they were able to boost their marks to get through the prelims hurdle. How did they do this?

    Free Open to All Webinar by Civilsdaily Mentor Ranadheer Ravula

    Our Civilsdaily mentor, Ranadheer sir will be providing a fool proof time-table on how to devote your time for the upcoming prelims exams from January onwards. This will include a month-by-month outlook as well.

    Preparing ahead will help you stay focused, determined and consistent in your UPSC preparation as opposed to deciding impulsively. It takes a lot of efforts to plan the right schedule for the upcoming prelims exams. Sometimes, you will be second guessing and wondering what others are upto. Ranadheer sir will use his expertise to break down your preparation into phases.

    Additionally he will speak about the 6 ways to find the right optional for you. The right optional is always subjective, however the process of finding out an optional that’s easy to understand (for you) and is a scoring subject (by UPSC standards) is objective.

    Want to know how is the January month timetable? Then fill the form & register below

    Key Takeaways of Free Live Webinar with Ranadheer Sir

    1. How to revise 2 years of Prelims Current Affairs in the last 6 months?

    2. How to go a day without studying yet take frequent breaks in a day?

    3. Is it advisable to increase the number of study hours as the exam nears?

    4. How to speed read all the books once again?

    5. How many test series should one take before exams?

    6. What are the 6 things to keep in mind before choosing an Optional that can change your fortunes?

    7. What are the additional sources and books that can help you score above cut-off marks?

    Webinar Details

    Don’t miss the chance to get value addition inputs to score better in the examination! This webinar is absolutely free. All aspirants are welcome to attend.

    Date – 31 December 2021 (Friday)

    Time – 6:00 P.M.

    Limited slots are available. Please register immediately.

  • Registrations Closing in 1 Hr, Webinar @ 6PM ||UPSC-CSE New Year Resolution|| Jan to Jun UPSC-CSE Prelims Calendar & How to Choose the Right Optional for Mains?|| Free Live Webinar with Civilsdaily Mentor  Ranadheer Ravula  Copy

    Registrations Closing in 1 Hr, Webinar @ 6PM ||UPSC-CSE New Year Resolution|| Jan to Jun UPSC-CSE Prelims Calendar & How to Choose the Right Optional for Mains?|| Free Live Webinar with Civilsdaily Mentor Ranadheer Ravula Copy

    2021 surely sped by quickly for UPSC aspirants and now there’s only two more days left to welcome the new year. Every new year brings us new hopes, and every UPSC aspirant wishes that that they clear the exam that very year.

    If you are appearing for UPSC-CSE 2022 exams, you might have completed your entire prelims and mains syllabus right now. So what are you going to be doing January onwards? How are you going to switch to a prelims focused approach till June?

    Are you feeling low that you are unable to get the required cut-off marks in your test series. Worry not, for about 65% of the UPSC toppers have said that they scored below cut-off marks till December. But by June, they were able to boost their marks to get through the prelims hurdle. How did they do this?

    Free Open to All Webinar by Civilsdaily Mentor Ranadheer Ravula

    Our Civilsdaily mentor, Ranadheer sir will be providing a fool proof time-table on how to devote your time for the upcoming prelims exams from January onwards. This will include a month-by-month outlook as well.

    Preparing ahead will help you stay focused, determined and consistent in your UPSC preparation as opposed to deciding impulsively. It takes a lot of efforts to plan the right schedule for the upcoming prelims exams. Sometimes, you will be second guessing and wondering what others are upto. Ranadheer sir will use his expertise to break down your preparation into phases.

    Additionally he will speak about the 6 ways to find the right optional for you. The right optional is always subjective, however the process of finding out an optional that’s easy to understand (for you) and is a scoring subject (by UPSC standards) is objective.

    Want to know how is the January month timetable? Then fill the form & register below

    Key Takeaways of Free Live Webinar with Ranadheer Sir

    1. How to revise 2 years of Prelims Current Affairs in the last 6 months?

    2. How to go a day without studying yet take frequent breaks in a day?

    3. Is it advisable to increase the number of study hours as the exam nears?

    4. How to speed read all the books once again?

    5. How many test series should one take before exams?

    6. What are the 6 things to keep in mind before choosing an Optional that can change your fortunes?

    7. What are the additional sources and books that can help you score above cut-off marks?

    Webinar Details

    Don’t miss the chance to get value addition inputs to score better in the examination! This webinar is absolutely free. All aspirants are welcome to attend.

    Date – 31 December 2021 (Friday)

    Time – 6:00 P.M.

    Limited slots are available. Please register immediately.

  • Taiwan: An important ally in the battle against authoritarianism

    Context

    President Joe Biden-led Summit for Democracy was held on December 9-10. The summit was driven by the idea that in the face of populism, authoritarianism it is critical to keep the “democratic” flock together.

    The salience of Summit for Democracy

    • As a goal in itself: The salience of this summit lies in a deeper understanding that democracy is not just a form of government, it is a goal in itself, a value that must be cherished, preserved and celebrated.
    • Democracy as a way of life: Unlike other political systems, democracy is also a way of life — a work in progress that needs sustained attention and careful nurturing to make it more resilient.

    Taiwan as a desired partner of like-minded democracies

    • Taiwan’s New Southbound Policy (NSP) was launched in 2016 to bring Asia closer to Taiwan and vice-versa.
    • The NSP is aimed to be a pivotal tool to engage like-minded democracies in the region.
    • Role in the post-pandemic world: The post-pandemic world would be more invested in some of these areas — for example, health diplomacy and collaboration in the medical sector, climate change mitigation, and developing sustainable and resilient supply chains.
    • Platform for semiconductor industry: Taiwan is already proving its efficacy as a viable platform for the semiconductor industry.
    • Resilient supply chain mechanism: The US and its friends in the region, particularly India, Japan and Australia, have been proactively exploring possibilities of creating resilient supply chain mechanisms.
    • With its technological knowhow, and shared interests and concerns, Taiwan fits perfectly in this agenda.
    • EU’s renewed interest in Indo-Pacific: Greater interactions between Taiwan and EU on the technology cooperation front, stimulated by the latter’s renewed interest in the Indo-Pacific region, makes Taiwan a desired partner of fellow democracies.
    •  As an industrialised democracy, Taiwan could play an important role, especially since countries are trying to reduce dependence on China and establish supply chain resilience.

    Conclusion

    It is important for liberal democracies to acknowledge that they are facing similar challenges and view Taiwan as an indispensable partner. Deft diplomacy is in order since transnational challenges demand joint efforts by liberal democracies.

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

  • Registrations Closing in 3 Hrs, Webinar @ 6PM ||UPSC-CSE New Year Resolution|| Jan to Jun UPSC-CSE Prelims Calendar & How to Choose the Right Optional for Mains?|| Free Live Webinar with Civilsdaily Mentor  Ranadheer Ravula

    Registrations Closing in 3 Hrs, Webinar @ 6PM ||UPSC-CSE New Year Resolution|| Jan to Jun UPSC-CSE Prelims Calendar & How to Choose the Right Optional for Mains?|| Free Live Webinar with Civilsdaily Mentor Ranadheer Ravula

    2021 surely sped by quickly for UPSC aspirants and now there’s only two more days left to welcome the new year. Every new year brings us new hopes, and every UPSC aspirant wishes that that they clear the exam that very year.

    If you are appearing for UPSC-CSE 2022 exams, you might have completed your entire prelims and mains syllabus right now. So what are you going to be doing January onwards? How are you going to switch to a prelims focused approach till June?

    Are you feeling low that you are unable to get the required cut-off marks in your test series. Worry not, for about 65% of the UPSC toppers have said that they scored below cut-off marks till December. But by June, they were able to boost their marks to get through the prelims hurdle. How did they do this?

    Free Open to All Webinar by Civilsdaily Mentor Ranadheer Ravula

    Our Civilsdaily mentor, Ranadheer sir will be providing a fool proof time-table on how to devote your time for the upcoming prelims exams from January onwards. This will include a month-by-month outlook as well.

    Preparing ahead will help you stay focused, determined and consistent in your UPSC preparation as opposed to deciding impulsively. It takes a lot of efforts to plan the right schedule for the upcoming prelims exams. Sometimes, you will be second guessing and wondering what others are upto. Ranadheer sir will use his expertise to break down your preparation into phases.

    Additionally he will speak about the 6 ways to find the right optional for you. The right optional is always subjective, however the process of finding out an optional that’s easy to understand (for you) and is a scoring subject (by UPSC standards) is objective.

    Want to know how is the January month timetable? Then fill the form & register below

    Key Takeaways of Free Live Webinar with Ranadheer Sir

    1. How to revise 2 years of Prelims Current Affairs in the last 6 months?

    2. How to go a day without studying yet take frequent breaks in a day?

    3. Is it advisable to increase the number of study hours as the exam nears?

    4. How to speed read all the books once again?

    5. How many test series should one take before exams?

    6. What are the 6 things to keep in mind before choosing an Optional that can change your fortunes?

    7. What are the additional sources and books that can help you score above cut-off marks?

    Webinar Details

    Don’t miss the chance to get value addition inputs to score better in the examination! This webinar is absolutely free. All aspirants are welcome to attend.

    Date – 31 December 2021 (Friday)

    Time – 6:00 P.M.

    Limited slots are available. Please register immediately.

  • Q.3 What are the issues with National Electricity Policy (NEP) and the Tariff Policy (TP) as policy documents?

    -In the intro mention that both the NEP and the TP emanate from Section 3 of the Electricity Act 2003 (henceforth EA 2003).
    -In the body, mention issues in documents such as exceeding the domain, also mention complexity and lack of user-friendly nature, unnecessary caveats and provisions etc.
    -Conclude by mentioning the need to address these issues in the future.

  • Q.2 India has recognised the importance of middle powers in the Arab Gulf to a fast-evolving global order. In context of this, examine the role Arab Gulf countries are playing in Afghanistan and India’s approach towards the region.

    Mentor’s comment-
    -In the intro, mention a special session of OIC hosted by Pakistan.
    -In the body, mention the role played by Qatar in the Afghanistan issue. Next mention rivalry between Qatar and Saudi Arabia and the economic blockade and implications for the region. Also mention India’s bond with the countries of the region and cooperation in the fight against terrorism and challenges such as Afghanistan.
    -Conclude by mentioning the need for India to increase the cooperation in various areas of common interest.
  • Q.1 What are P and S waves generated by the earthquakes? How do the propagation characteristics of these waves help determine the structure of the earth?

    Mentor’s comment-
    • In the intro, mention how earthquake creates two types of waves with different characteristics.
    • In the body, mention how the different characteristics of these waves help in determining the internal structure of the earth by recording the time and locations of these waves.
  • 31st December 2021| Daily Answer Writing Enhancement(AWE)

    Topics for Today’s questions:

    GS-1    Geographical features

    GS-2    International relations

    GS-3    Energy

    GS-4    Case studies

    Question 1)

     

    Q.1 What are P and S waves generated by the earthquakes? How do the propagation characteristics of these waves help determine the structure of the earth?

     

    Question 2)

    Q.2 India has recognised the importance of middle powers in the Arab Gulf to a fast-evolving global order. In context of this, examine the role Arab Gulf countries are playing in Afghanistan and India’s approach towards the region.

    Question 3)

    Q.3 What are the issues with National Electricity Policy (NEP) and the Tariff Policy (TP) as policy documents?

    Question 4)  

    Q. 4 You are a director of a reputed educational institution. A student of your institute commits suicide. You have come to know that mental harassment by the faculty was the reason behind the suicide. Revealing the reason for suicide could have severe implications for the institution and the rest of the students. However, sweeping the true reason under the carpet could result in the repeat of such an incident. Identify the ethical issues involved in the case. What are the options available to you?

     

    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: 

  • India-Australia soon to have FTA

    India and Australia are expected to complete negotiations for an interim free trade agreement (FTA) soon, a move aimed at boosting economic ties between the two countries.

    Comprehensive Economic Cooperation Agreement (CECA)

    • The final agreement is officially dubbed as the CECA is expected to be completed by the end of 2022.
    • The pact covers areas such as goods, services, investment, rules of origin, customs facilitation, legal and institutional issues.
    • This new strategic economic agreement is expected to increase bilateral trade in goods to $100 billion within five years.

    What is a Free Trade Agreement (FTA)?

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

    Key benefits offered by FTA

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

    How many FTAs does India have?

    • India has signed it’s first Free Trade Agreement (FTA) with Sri Lanka in 1998.
    • Likewise, India had FTAs with: Nepal, Bhutan, Thailand, Singapore, ASEAN, Japan and Malaysia.
    • India has signed Preferential Trade Agreements such as:
    1. Asia Pacific Trade Agreement (APTA) with Bangladesh, China, India, Lao PDR, Republic of Korea, and Sri Lanka
    2. Global System of Trade Preferences (GSTP)
    3. India – MERCOSUR PTA etc. with South American countries

    Back2Basics: Types of Trade Agreements

    (1) Free Trade Agreement

    (discussed above)

    (2) Preferential Trade Agreement

    • In this type of agreement, two or more partners give preferential right of entry to certain products.
    • This is done by reducing duties on an agreed number of tariff lines.
    • Here a positive list is maintained i.e. the list of the products on which the two partners have agreed to provide preferential access.
    • Tariff may even be reduced to zero for some products even in a PTA.
    • India signed a PTA with Afghanistan.

    (3) Comprehensive Economic Partnership Agreement

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

    (4) Comprehensive Economic Cooperation Agreement

    • CECA generally cover negotiation on trade tariff and Tariff rate quotas (TRQs) rates only.
    • It is not as comprehensive as CEPA.
    • India has signed CECA with Malaysia.

    (5) Framework Agreement

    • Framework agreement primarily defines the scope and provisions of orientation of the potential agreement between the trading partners.
    • It provides for some new area of discussions and set the period for future liberalisation.
    • India has previously signed framework agreements with the ASEAN, Japan etc.

    (6) Early Harvest Scheme

    • An Early Harvest Scheme (EHS) is a precursor to an FTA/CECA/CEPA between two trading partners. For example, early harvest scheme of RCEP has been rolled out.
    • At this stage, the negotiating countries identify certain products for tariff liberalization pending the conclusion of actual FTA negotiations.
    • An Early Harvest Scheme is thus a step towards enhanced engagement and confidence building.

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

  • States demand extension of GST compensation for another 5 years

    Many states have demanded that the GST compensation cess regime be extended for another five years and the share of the Union government in the centrally-sponsored schemes be raised as the COVID-19 pandemic has impacted their revenues.

     What is GST?

    • GST, being a consumption-based tax, would result in loss of revenue for manufacturing-heavy states.
    • GST launched in India on 1 July 2017 is a comprehensive indirect tax for the entire country.
    • It is charged at the time of supply and depends on the destination of consumption.
    • For instance, if a good is manufactured in state A but consumed in state B, then the revenue generated through GST collection is credited to the state of consumption (state B) and not to the state of production (state A).

    Compensation under GST regime: GST Compensation Cess

    • Due to the consumption-based nature of GST, manufacturing states like Gujarat, Haryana, Karnataka, Maharashtra and Tamil Nadu feared a revenue loss.
    • Thus, GST Compensation Cess or GST Cess was introduced by the government to compensate for the possible revenue losses suffered by such manufacturing states.
    • However, under existing rules, this compensation cess will be levied only for the first 5 years of the GST regime – from July 1st, 2017 to July 1st, 2022.
    • Compensation cess is levied on five products considered to be ‘sin’ or luxury as mentioned in the GST (Compensation to States) Act, 2017 and includes items such as- Pan Masala, Tobacco, and Automobiles etc.

    Why is the compensation necessary?

    • States no longer possess taxation rights after most taxes, barring those on petroleum, alcohol, and stamp duty were subsumed under GST.
    • GST accounts for almost 42% of states’ own tax revenues, and tax revenues account for around 60% of states’ total revenues.
    • Finances of over a dozen states are under severe strain, resulting in delays in salary payments and sharp cuts in capital expenditure outlay amid the pandemic-induced lockdowns and the need to spend on healthcare.

    Distributing GST compensation

    • The compensation cess payable to states is calculated based on the methodology specified in the GST (Compensation to States) Act, 2017.
    • The compensation fund so collected is released to the states every 2 months.
    • Any unused money from the compensation fund at the end of the transition period shall be distributed between the states and the centre as per any applicable formula.

    Try this question from CSP 2018:

    Q. Consider the following items:

    1. Cereal grains hulled
    2. Chicken eggs cooked
    3. Fish processed and canned
    4. Newspapers containing advertising material

    Which of the above items is/are exempt under GST (Goods and Services Tax)?

    (a) 1 only

    (b) 2 and 3 only

    (c) 1, 2 and 4 only

    (d) 1, 2, 3 and 4

     

    Post your answers here.

     

    Also read:

    [Burning Issue] GST Compensation

     

     

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

  • Centre notifies new rules for Consumer Panels

    The Ministry of Consumer Affairs, Food, and Public Distribution has notified monetary jurisdiction for various Consumer Disputes Redressal Commission (CDRC) under the Consumer Protection Act, 2019.

    What are the new changes?

    • The Centre has notified new rules to revise pecuniary jurisdiction for entertaining consumer complaints at district, state and national level commissions, a move aimed at fast disposal of cases.
    • The NCDRC will now have jurisdiction to entertain consumers’ complaints where the value of the goods or services exceeds Rs 2 crore as against the earlier limit of over Rs 10 crore.
    • The state commissions will have jurisdiction to similar complaints with value of goods or services between Rs 50 lakh and Rs 2 crore, and the National Commission over Rs 2 crore.
    • District commissions have jurisdiction to entertain complaints where value of goods or services paid as consideration does not exceed Rs 1 crore.

    Legal basis of these changes

    • The Act provides a “three-tier quasi-judicial mechanism” for redress of consumer disputes: district commissions, state commissions, and the national commission.
    • The law also provides pecuniary jurisdiction of each tier of consumer commission.

    Benefits of the move

    • Fast-track disposal of cases: Reduction of limit of pecuniary jurisdiction of district and state commissions will reduce workload at these two tiers of dispute resolution system, and thereby reduce pendency at these two levels.
    • Easy litigation: Besides, with E-Dakhil in place, consumers can take their complaints to a state or national commission without visiting the commission physically.

    Back2Basics: Features of the Consumer Protection Act, 2019

    [1] Definition of consumer

    • A consumer is defined as a person who buys any good or avails a service for a consideration.
    • It does not include a person who obtains a good for resale or a good or service for commercial purpose.
    • It covers transactions through all modes including offline, and online through electronic means, teleshopping, multi-level marketing or direct selling.

    [2] Rights of consumers

    Six consumer rights have been defined in the Bill, including the right to:

    • be protected against marketing of goods and services which are hazardous to life and property
    • be informed of the quality, quantity, potency, purity, standard and price of goods or services
    • be assured of access to a variety of goods or services at competitive prices and
    • seek redressal against unfair or restrictive trade practices

    [3] Central Consumer Protection Authority

    • The central government will set up a Central Consumer Protection Authority (CCPA) to promote, protect and enforce the rights of consumers.
    • It will regulate matters related to violation of consumer rights, unfair trade practices, and misleading advertisements.
    • The CCPA will have an investigation wing, headed by a Director-General, which may conduct inquiry or investigation into such violations.

    [4] Penalties for misleading advertisement

    • The CCPA may impose a penalty on a manufacturer or an endorser of up to Rs 10 lakh and imprisonment for up to two years for a false or misleading advertisement.
    • In case of a subsequent offence, the fine may extend to Rs 50 lakh and imprisonment of up to five years.
    • CCPA can also prohibit the endorser of a misleading advertisement from endorsing that particular product or service for a period of up to one year.

     [5] Consumer Disputes Redressal Commission

    • CDRCs will be set up at the district, state, and national levels.
    • A consumer can file a complaint with CDRCs in relation to: (i) unfair or restrictive trade practices; (ii) defective goods or services; (iii) overcharging or deceptive charging; and (iv) the offering of goods or services for sale which may be hazardous to life and safety.
    • Complaints against an unfair contract can be filed with only the State and National Appeals from a District CDRC will be heard by the State CDRC.
    • Appeals from the State CDRC will be heard by the National CDRC.
    • Final appeal will lie before the Supreme Court.

    [6] Jurisdiction of CDRCs

    • The District CDRC will entertain complaints where value of goods and services does not exceed Rs one crore.
    • The State CDRC will entertain complaints when the value is more than Rs one crore but does not exceed Rs 10 crore.
    • Complaints with value of goods and services over Rs 10 crore will be entertained by the National CDRC.

    [7] Product liability

    • Product liability means the liability of a product manufacturer, service provider or seller to compensate a consumer for any harm or injury caused by a defective good or deficient service.
    • To claim compensation, a consumer has to prove any one of the conditions for defect or deficiency, as given in the Bill.

     

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  • Reining in the Direct Selling Industry

    The Government has notified the Consumer Protection (Direct Selling) Rules, 2021, that prohibits all direct selling entities from promoting pyramid schemes or money circulation schemes, while also providing for a mechanism for redressal of consumer complaints.

    What is Direct Selling?

    • In Direct Selling, goods or services are directly sold to consumers through sellers who act as individual representatives of the direct selling entities, instead of a retail premises.
    • For example: Brands such as Amway, Herbalife , Oriflame and Modicare etc. directly sell their products through outlets. They are generally expensive.

    What are the new rules?

    • The new Rules were primarily introduced to prohibit the promotion of pyramid and money circulation schemes by the direct selling industry.
    • Apart from that, entities are now required to be registered in the country.
    • Further, to provide a redressal mechanism for consumers, the Rules mandate that direct selling entities appoint grievance redressal officers who will put up their contact details on the website.
    • Direct selling entities that are not established in India, but offer goods or services to consumers here, will also need to comply with the newly notified rules.

    How big is the Indian Direct Selling industry?

    • As per a report, the number of active direct sellers in the country stood at around 7.4 million in 2019-20.
    • The two big categories were ‘wellness & nutraceuticals’ – which accounted for 57% of the sales, followed by cosmetics and personal care which contributed 22% to the sales.

    Whom do these Rules apply?

    • These Rules apply on all models of direct selling and all goods and services bought or sold through direct selling.
    • Direct selling entities that are not established in India, but offer goods or services to consumers in India, will also need to comply with the newly notified Rules.

    Why have they been notified now?

    • Fraud prevention: The guidelines aim for preventing fraud and protecting consumer interest. Earlier, these were not regulated under enforceable law.
    • Costly products: A direct selling entity or a direct seller cannot refuse to take back “spurious goods or deficient services” and provide a refund, or charge consumers any entry fee or subscription fee.
    • Coercive persuasion: They often tend to persuade consumers to make a purchase based upon the representation that they can reduce or recover the price by referring prospective customers.
    • Providing legitimacy to DS: The Rules provide legitimacy to the industry and also help attract more foreign direct investment (FDI).

    What do the rules say?

    • Registration: Every direct selling entity with operations in India needs to be registered in the country, and have a minimum of one physical location as its registered office within India.
    • Self-declaration: The entities will need to make a self-declaration that it is in compliance with these Rules and is not involved in any pyramid scheme or money circulation scheme.
    • Data storage within India: Additionally, such entities are required to store sensitive personal data within India and take steps to ensure the protection of such data.
    • Grievance redressal: The Rules mandate that direct selling entities appoint one or more grievance redressal officers and put up their details such as name, telephone number and email address, on their website.
    • Officer to ensure compliance: Every direct selling entity will need to appoint a nodal officer who will be responsible for ensuring compliance with the provisions of the Act.
    • Restricted visits: A direct seller will not visit a consumer’s premises without identity card and prior appointment or approval, or provide any literature to a prospect, which has not been approved by the direct selling entity.

     

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

  • [pib] Electoral Bonds Scheme

    The 19th phase of sale of Electoral Bonds will commence ahead of elections is some states.

    What are Electoral Bonds?

    • Electoral bonds are banking instruments that can be purchased by any citizen or company to make donations to political parties, without the donor’s identity being disclosed.
    • It is like a promissory note that can be bought by any Indian citizen or company incorporated in India from select branches of State Bank of India.
    • The citizen or corporate can then donate the same to any eligible political party of his/her choice.
    • An individual or party will be allowed to purchase these bonds digitally or through cheque.

    About the scheme

    • A citizen of India or a body incorporated in India will be eligible to purchase the bond
    • Such bonds can be purchased for any value in multiples of ₹1,000, ₹10,000, ₹10 lakh, and ₹1 crore from any of the specified branches of the State Bank of India
    • The purchaser will be allowed to buy electoral bonds only on due fulfillment of all the extant KYC norms and by making payment from a bank account
    • The bonds will have a life of 15 days (15 days time has been prescribed for the bonds to ensure that they do not become a parallel currency)

    Objective of the scheme

    • Transparency in political funding: To ensure that the funds being collected by the political parties is accounted money or clean money.

    Who can redeem such bonds?

    • The Electoral Bonds shall be encashed by an eligible Political Party only through a Bank account with the Authorized Bank.
    • Only the Political Parties registered under Section 29A of the Representation of the People Act, 1951 (43 of 1951) and which secured not less than one per cent of the votes polled in the last General Election to the Lok Sabha or the State Legislative Assembly, shall be eligible to receive the Electoral Bonds.

    Restrictions that are done away

    • Earlier, no foreign company could donate to any political party under the Companies Act
    • A firm could donate a maximum of 7.5 per cent of its average three year net profit as political donations according to Section 182 of the Companies Act.
    • As per the same section of the Act, companies had to disclose details of their political donations in their annual statement of accounts.
    • The government moved an amendment in the Finance Bill to ensure that this proviso would not be applicable to companies in case of electoral bonds.
    • Thus, Indian, foreign and even shell companies can now donate to political parties without having to inform anyone of the contribution.

    Issues with the Scheme

    • Opaque funding: While the identity of the donor is captured, it is not revealed to the party or public. So transparency is not enhanced for the voter.
    • No IT break: Also income tax breaks may not be available for donations through electoral bonds. This pushes the donor to choose between remaining anonymous and saving on taxes.
    • No anonymity for donors: The privacy of the donor is compromised as the bank will know their identity.
    • Differential benefits: These bonds will help any party that is in power because the government can know who donated what money and to whom.

     

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