From UPSC perspective, the following things are important :
Prelims level: Trends in India's GDP growth rate
Why in the News?
India’s economy is projected to grow at 6.5% to 7% in the fiscal year ending March 2025.
The Economic Survey for 2023-24 highlights the need to address inequality and unemployment as policy priorities.
Policy Recommendations by Chief Economic Adviser (CEA)
Regulatory Burdens: CEA V. Anantha Nageswaran advocates for Central and State governments to reduce regulatory burdens on businesses.
Corporate Responsibility: He urges the corporate sector to create productive jobs, emphasizing their responsibility in generating employment.
Various Challenges discussed
(1) Challenges in the IT Sector:
Slowdown in Hiring: The CEA notes a significant slowdown in IT sector hiring over the last two years.
AI and Labor: He encourages the industry to use AI to augment labor rather than replace workers.
(2) Skilling Initiatives
Addressing Inequality: The Economic Survey suggests steps to tackle inequality, improve health, and bridge the education-employment gap.
Skilling Reboot: A reboot of India’s skilling initiatives is proposed to provide the industry with people having the right attitude and skills.
(3) Corporate Sector and Economic Growth
Demand and Employment: The Survey emphasizes the benefits for corporates from higher demand generated by employment and income growth.
Warning against Short-Termism: It warns against “short-termism” which can weaken economic linkages.
(4) State Capacity and Consensus Building:
Enhancing State Capacity: Enhancing state capacity is critical for the strategy to work.
Need for Consensus: The CEA stresses the need for consensus between governments, businesses, and the social sectors for effective transformation.
(5) Land Acquisition and Investment Concerns:
Land Use Norms: While the Survey does not mention land acquisition reform, it highlights the need to deregulate land use norms and consolidate farmland holdings.
Investment Cautions: The Survey cautions about private capital formation being cautious due to fears of cheaper imports, indirectly referencing China.
(6) Foreign Direct Investment (FDI) Challenges:
Attracting FDI: Attracting FDI will be challenging due to higher interest rates and developed countries encouraging domestic investments through subsidies.
Addressing Uncertainties: Despite progress, uncertainties related to transfer pricing, taxes, and import duties need to be addressed.
Structural Reforms
Existing Reforms: Structural reforms such as GST and the Insolvency and Bankruptcy Code are delivering expected results.
Next-Gen Reforms: The Survey calls for “next-gen reforms” that are bottom-up in nature to achieve sustainable, balanced, and inclusive growth.
Strategic Directions for Growth
Six-Pronged Strategy: The Survey outlines a six-pronged strategy for growth, emphasizing private sector investments and a fair share of income for workers.
Focus Areas: Other focus areas include financing the green transition, removing barriers for MSMEs, and implementing intelligent farmer-friendly policies.
Conclusion
Sustained Growth Potential: The economy can grow at over 7% on a sustained basis in the medium term by building on past reforms.
Tripartite Compact: Achieving this growth requires a tripartite compact between the Centre, States, and the private sector.
PYQ:
[2013] Economic growth in country X will necessarily have to occur if:
(a) There is technical progress in the world economy.
(b) There is population growth in X.
(c) There is capital formation in X.
(d) The volume of trade grows in the world economy.
From UPSC perspective, the following things are important :
Prelims level: Adoption of National Flag by Constituent Assembly
Why in the News?
On 22nd July in 1947, the Constituent Assembly of India adopted the National Flag.
PC: The Better India
About the National Flag Day
The Constituent Assembly met in New Delhi at 10 o’clock, chaired by Dr. Rajendra Prasad.
The Assembly had been meeting since December 9, 1946, discussing various subjects.
The Chair announced the first agenda item: “aMotion by Pandit Jawaharlal Nehru about the Flag.”
Jawaharlal Nehru’s Resolution on National Flag
India’s first Prime Minister, Jawaharlal Nehru, moved the Resolution:
The National Flag of India shall be a horizontal tricolour of deep Saffron (Kesari), white, and dark green in equal proportion.
In the centre of the white band, there shall be a navy blue Wheel representing the Charkha.
The design of the Wheel is based on the Chakra from the Sarnath LionCapital of Ashoka.
The diameter of the Wheel approximates the width of the white band.
The ratio of the width to the length of the Flag shall be 2:3.
The motion was adopted unanimously by the Assembly.
Adoption by Popular Acclaim:
Nehru mentioned that the Flag was adopted by popular acclaim and sacrifice over the past decades.
Nehru clarified that the Flag was not meant to be seen in communal terms.
The design was intended to represent the spirit and tradition of India, grown over thousands of years.
Reactions and Support
There were no significant objections to Nehru’s Resolution.
Several members, including Seth Govind Das, V I Muniswami Pillai, Chaudhri Khaliquzzaman, S Radhakrishnan, Saiyid Mohammad Saadulla, Frank R Anthony, and Sarojini Naidu, paid tributes to the Flag and supported the Resolution.
H V Kamath suggested adding a Swastika inside the Chakra to symbolize peace but withdrew the amendment after seeing the Flag’s design.
Dr. P S Deshmukh preferred retaining the original tricolour with the Charkha but did not push his amendment, respecting the House’s preference.
Back2Basics: History of Our National Flag
First Public Display in Kolkata (1906):
The first national flag of India was hoisted on August 7, 1906, in Kolkata at Parsee Bagan Square (Green Park).
The flag had three horizontal stripes of red, yellow, and green, with “Vande Mataram” inscribed in the center.
Symbolism: The red stripe included symbols of the sun and a crescent moon, while the green stripe featured eight half-open lotuses.
The flag is believed to have been designed by freedom activists Sachindra Prasad Bose and Hemchandra Kanungo.
Indian Flag in Germany:
In 1907, Madame Cama and her group of exiled revolutionaries hoisted an Indian flag in Germany.
This event marked the first time the Indian flag was hoisted in a foreign country.
Home Rule Movement Flag:
Dr. Annie Besant and Lokmanya Tilak introduced a new flag in 1917 as part of the Home Rule Movement.
The flag featured alternate red and green horizontal stripes, with seven stars in the Saptarishi configuration.
It included a white crescent and star in one top corner, and the Union Jack in the other.
Version by Pingali Venkayya:
Pingali Venkayya, an Indian freedom fighter, is credited with the design of the modern Indian tricolour.
Venkayya first met Mahatma Gandhi in South Africa during the second Anglo-Boer War (1899-1902).
He conducted extensive research and published a book in 1916 that included possible designs for the Indian flag.
At the All India Congress Committee in Bezwada in 1921, Venkayya proposed a basic flag design to Gandhi, featuring two bands of red and green to represent Hindus and Muslims.
PYQ:
[2014] The national motto of India, ‘Satyameva Jayate’ inscribed below the Emblem of India is taken from
From UPSC perspective, the following things are important :
Prelims level: Dyson Sphere
Why in the News?
Recently, astronomers have made progress in finding possible candidates as Dyson Sphere, sparking new excitement and debate about extraterrestrial life.
What is a Dyson Sphere?
Imagine you are an astronomer looking for extraterrestrial life and you find a star covered by solar panels. This structure, collecting massive amounts of solar energy, is known as a Dyson sphere.
The concept is named after Freeman Dyson, a theoretical physicist who lived from 1923 to 2020.
Dyson proposed that advanced civilizations would need to harness a star’s energy, constructing a spherical array of solar collectors around it.
He suggested that the heat emitted as infrared radiation could indicate the presence of these massive structures and thus intelligent life.
Who was Freeman Dyson (1923-2020)?
Dyson was a renowned British-American theoretical physicist and mathematician known for his work in quantum electrodynamics, solid-state physics, and astronomy.
Born on December 15, 1923, in England, he made significant contributions to science and technology, including the Dyson Sphere concept—a hypothetical structure that could encompass a star to capture its power output.
He was also a prominent futurist and author, exploring ideas on space travel, extraterrestrial life, and the future of humanity.
Dyson spent much of his career at the Institute for Advanced Study in Princeton and was known for his interdisciplinary approach to science.
PYQ:
[2015] The term ‘Goldilocks Zone’ is often seen in the news in the context of
(a) The limits of habitable zone above the surface of the Earth
(b) Regions inside the Earth-like planets in outer space
(c) Search for the Earth-like planets in outer space
(d) Search for meteorites containing precious metals
Prelims Only | Economics | Mains Paper 3: Effects Of Liberalization On The Economy, Changes In Industrial Policy and their effects on Industrial Growth
Note4Students
From UPSC perspective, the following things are important :
The markets regulator, SEBI, has proposed a new asset class designed to offer investment products positioned between mutual funds (MFs) and portfolio management services (PMS).
This new category aims to fill an opportunity gap for investors and offer greater flexibility in portfolio construction.
Note:
PMS provides customized investment solutions to high net-worth individuals (HNIs) with a minimum investment limit of Rs 50 lakh.
MFs, on the other hand, have a much lower minimum investment limit of just Rs 100, managed by a professional fund manager.
About the New Asset Class
The new asset class aims to provide an intermediate option with more flexibility in portfolio construction, helping investors avoid unregistered and unauthorized schemes.
It will have a risk-return profile between MFs and PMS, targeting investors with higher risk tolerance and larger investment amounts than those typical of MFs but lower than PMS.
The current range of investment products includes:
MF schemes: Focused on retail investors,
PMS: For HNIs, and
Alternative investment funds (AIF): For sophisticated investors.
How will investments in the new asset class work?
The new asset class will be introduced under the MF structure with necessary relaxations in prudential norms.
The minimum investment amount is proposed to be Rs 10 lakh per investor within the asset management company (AMC)/MF.
This high threshold is intended to deter retail investors while attracting those with investible funds between Rs 10 lakh and Rs 50 lakh.
Significance of the New Asset Class:
SEBI noted that the gap between investment opportunities in MFs and PMS has led some investors towards unauthorized investment avenues.
The new asset class will help curb the proliferation of unregistered investment products and provide a structured and regulated option for investors.
SEBI emphasized that the new asset class would offer a regulated and structured investment suited to investors looking for opportunities between MFs and PMS.
Investment Strategies:
Like MF schemes, the new asset class will provide options for Systematic Investment Plan (SIP), Systematic Withdrawal Plan (SWP), and Systematic Transfer Plan (STP).
AMCs can offer ‘investment strategies’ under a pooled fund structure with tailored redemption frequencies (daily, weekly, monthly, etc.).
PYQ:
[2021] Indian Government Bond Yields are influenced by which of the following?
Actions of the United States Federal Reserve
Actions of the Reserve Bank of India
Inflation and short-term interest rates
Select the correct answer using the code given below.
(a) 1 and 2 only
(b) 2 only
(c) 3 only
(d) 1, 2 and 3
From UPSC perspective, the following things are important :
Prelims level: CPCB, EPR Program
Why in the News?
The Central Pollution Control Board (CPCB) has started a national audit of about 800 plastic-waste recyclers across India.
This action follows the discovery that four firms in Karnataka, Maharashtra, and Gujarat issued nearly 600,000 fake certificates under the Extended Producer Responsibility (EPR) programme.
About Central Pollution Control Board (CPCB): Overview
The Central Pollution Control Board (CPCB) is a statutory organization established in September1974.
It was constituted under the Water (Prevention and Control of Pollution) Act, 1974.
CPCB is also entrusted with powers and functions under the Air (Prevention and Control of Pollution) Act, 1981.
It serves as a technical arm of the Ministry of Environment, Forests, and Climate Change, implementing the provisions of the Environment (Protection) Act, 1986.
Principal Functions:
Water Pollution Control:
Promote the cleanliness of streams and wells in different states by preventing, controlling, and abating water pollution.
Oversee the National Water Quality Monitoring Program to collect, collate, and disseminate technical and statistical data relating to water pollution.
Air Pollution Control:
Improve the quality of air and prevent, control, or abate air pollution in the country.
Conduct air quality monitoring as part of air quality management.
Implement the National Air Monitoring Programme (NAMP) to determine current air quality status and trends, regulate pollution from industries, and provide background air quality data for industrial siting and town planning.
Key Initiatives and Programs:
National Air Monitoring Programme (NAMP): Established to monitor air quality status and trends, and to control and regulate industrial pollution to meet air quality standards.
National Air Quality Index (NAQI): Provides real-time air quality data and trends.
Graded Response Action Plan (GRAP): A set of measures to be taken based on the severity of air pollution levels.
Clean Air Campaign: Initiatives aimed at reducing air pollution through public awareness and actionable measures.
Role in Data Management:
CPCB collects, collates, and disseminates technical and statistical data related to water and air pollution.
Provides necessary data for regulatory and planning purposes, including industrial siting and urban planning.
What is Extended Producer Responsibility (EPR) Programme?
Extended Producer Responsibility (EPR) means the responsibility of a producer for the environmentally sound management of the product until the end of its life.
India had first introduced EPR in 2011 under the:
Plastic Waste (Management and Handling) Rules, 2011
E-Waste Management and Handling Rules, 2011.
The EPR scheme requires businesses using plastic packaging to recycle a certain percentage of the plastic used in the previous two years.
Implementation of EPR:
Registration: Producers must register with the Central Pollution Control Board (CPCB) and submit an EPR plan.
Collection Mechanisms: Producers set up collection centers, return schemes, or partner with authorized recyclers to manage waste.
Documentation: Producers are required to maintain detailed records of waste collected and processed and submit regular reports to the CPCB.
Compliance Audits: The CPCB conducts audits to ensure that producers comply with EPR requirements.
Every tonne of plastic recycled generates a certificate.
According to a CPCB report in May, nearly 3.7 million tonnes of recycled plastic generated certificates.
In 2022-23, about 18,000 companies using plastic packaging were registered with the CPCB, aiming to recycle about 3.3 million tonnes.
Compliance and Targets:
Companies must recycle 70% of the packaging used in the previous two financial years for 2022-23 and 100% for 2023-24. Non-compliance with these targets can result in fines.
EPR certificates are uploaded on a dedicated portal maintained by the CPCB, allowing recyclers and buyers to trade online.
PYQ:
[2019] In India, ‘extended producer responsibility’ was introduced as an important feature in which of the following?
(a) The Bio-medical Waste (Management and Handling) Rules, 1998
(b) The Recycled Plastic (Manufacturing and Usage) Rules, 1999
(c) The e-Waste (Management and Handling) Rules, 2011
(d) The Food Safety and Standard Regulations, 2011
Prelims Only | Polity | Mains Paper 2: Indian Constitution - historical underpinnings, evolution, features, amendments, significant provisions and basic structure
Note4Students
From UPSC perspective, the following things are important :
Prelims level: Features of the RTE Act
Why in the News?
The Bombay High Court has cancelled the Maharashtra government’s new rule that allowed private schools within 1 kilometer of government or government-aided schools to avoid reserving 25% of their seats for students from weaker sections and disadvantaged groups.
Right to Education (RTE) Act: Overview
The Right to Education (RTE) Act, 2009 ensures free and compulsory education as fundamental right under Article 21A of the Indian Constitution.
It mandates that every child has the right to full-time elementary education of satisfactory and equitable quality in a formal school that meets certain essential norms and standards.
Key Provisions:
The RTE Act provides for free and compulsory education for all children between 6 and 14 years.
Schools must be available within a prescribed distance from the child’s residence to ensure accessibility.
The Act ensures the provision of adequate teachers and the establishment of standards for their training and quality.
Teacher Qualification: The teacher must pass the Teacher Eligibility Test (TET), which is administered by the respective government authority. The National Council for Teacher Education (NCTE) has established the minimum qualifications required for a person to be eligible for appointment as a teacher for classes I to VIII.
The RTE Act does NOT apply to Minority institutions.
Section 12(1) (C) of the RTE Act:
Section 12(1) (C) requires private unaided and specified category schools to reserve at least 25% seats for children from economically weaker sections and disadvantaged groups.
This provision aims to promote social inclusion and ensure that children from all backgrounds have access to quality education.
The government reimburses schools for the expenses incurred for admitting these children, based on per-child expenditure incurred by the state.
Children from economically weaker sections and disadvantaged groups benefit from this Section as it provides them access to private schooling.
This section aims to contest education apartheid and bring parity and equality of opportunity for all children.
Details of the Exemption Rule in Maharashtra
The notification stated that private unaided schools within one kilometer of a government or government-aided school would not need to reserve 25% of seats for socio-economically backward students.
Students in these areas would first be considered for admission to nearby government or government-aided schools.
The exemption also applied to future private schools established within a one-kilometer radius of government or government-aided schools.
If no such schools existed in the vicinity, private schools would be identified for RTE admissions.
Similar Exemptions in Other States
Maharashtra joined Karnataka and Kerala in implementing this regime to exempt private schools from RTE admissions.
Karnataka introduced the rule in December 2018, referencing Kerala’s rules introduced in 2011.
In Kerala, the fee concession is available to RTE quota students only if there are no government or aided schools within one kilometer for Class 1 students.
Reasons for Introducing Exemptions
Karnataka’s Law Minister stated in 2018 that the primary intention of RTE is to provide education to all classes of students.
Allowing parents to admit children to private schools despite nearby government schools resulted in a drop in enrollment ratios in government schools.
Private schools and teachers’ organizations highlighted that state governments often failed to reimburse fees for students admitted through the RTE quota.
Section 12(2) of the RTE Act binds state governments to reimburse expenses incurred by schools per child or the fee amount, whichever is less.
In Maharashtra, the Maharashtra English School Trustees Association (MESTA) threatened to boycott RTE admissions last December due to pending reimbursements of Rs 1,800 crore.
PYQ:
[2022] The Right of Children to Free and Compulsory Education Act, 2009 remains inadequate in promoting incentive-based systems for children’s education without generating awareness about the importance of schooling. Analyse.
[2018] Consider the following statements:
As per the right to education (RTE) Act, to be eligible for appointment as a teacher in a state, a person would be required to possess the minimum qualification laid down by the concerned State council of Teacher education.
As per the RTE Act, for teaching primary classes, a candidate is required to pass a Teacher Eligibility Test conducted in accordance with the National Council of Teacher Education guidelines.
In India, more than 90 % of teacher education institutions are directly under the State Governments.
Which of the statements given above is/are correct?
From UPSC perspective, the following things are important :
Prelims level: Bhil Tribe
Why in the News?
A large number of people from the Bhil tribe recently gathered at a rally in Rajasthan’s Mangarh Dham to raise the demand for an independent ‘Bhil state’.
Background of the Bhil Pradesh Demand
The idea of a tribal state, comprising parts of Rajasthan, Madhya Pradesh, Gujarat, and Maharashtra, has been discussed previously.
The demand for a separate tribal state in western India was put forward by the Bharatiya Tribal Party (BTP) formed in2017.
The Bhil community has been demanding that 49 districts be carved out of the four states to establish Bhil Pradesh.
The demand for Bhil Pradesh has been raised repeatedly since Independence.
Historical Context
Bhil social reformer and spiritual leader Govind Gurufirst raised the demand for a separate state for tribals in 1913.
The demand followed the Mangarh massacre, where hundreds of Bhil tribals were killed by British forces.
The massacre took place six years before the Jallianwala Baghmassacre and is sometimes referred to as the “Adivasi Jallianwala”.
Reasons for the Demand
Earlier, the tribal-majorityregions were a single entity but were divided post-Independence.
According to the 2011 census, tribals comprise almost 14% of Rajasthan’s population.
Several Union governments have brought various laws and schemes for tribals but have been slow in implementation.
Example of Implementation Issues
The Provisions of the Panchayats (Extension to Scheduled Areas) Act, 1996, aimed to decentralize governance and empower gram sabhas in tribal areas.
The Rajasthan government adopted the law in 1999, but its rules were only formulated in 2011.
Many people, including local leaders, are still unaware of the law.
From UPSC perspective, the following things are important :
Prelims level: MISA, Implications of Emergency
Why in the News?
Prithipal Singh Randhawa, leader of the Punjab Students Union (PSU), was murdered in Ludhiana on July 18, 1979.
At the time of his death, he was 27 years old and among the most prominent leaders of the student union movement in Punjab during the 1970s.
Who was Prithipal Singh Randhawa?
Randhawa hailed from Hoshiarpur in Punjab and joined Punjab Agricultural University (PAU), Ludhiana, in 1972.
On October 5, 1972, students protested outside Regal Cinema in Moga district against black marketing of tickets.
The police opened fire, killing four people, including student leaders Swarn Singh and Harjeet Singh.
In response, Randhawa launched a mass movement, leading to the arrest of the responsible police officers.
On October 26, 1974, he organized the massive Moga Sangram rally, addressing issues like student fee hikes and the United States’ imperial war in Vietnam.
He was assassinated on July 18, 1979, after abduction.
His rising popularity and anti-establishment stance led to his arrest and 19-month imprisonment under the Maintenance of Internal Security Act (MISA) during the Emergency.
His death led to massive protests in Punjab, Haryana, and Delhi.
Back2Basics:Maintenance of Internal Security Act (MISA): Overview
The MISA was a controversial law enacted by the Indian government in 1971.
It was primarily aimed at ensuring internal security and public order during times of political unrest and emergencies.
MISA was heavily used during the Emergency period (1975-1977) declared by Prime Minister Indira Gandhi.
Key Provisions:
Preventive Detention: MISA allows for the preventive detention of individuals without trial for a maximum period of two years. This was intended to pre-emptively address threats to national security.
Detention without Charges: Individuals could be detained without being charged with a specific offense, based on the suspicion of being a threat to national security or public order.
No Right to Legal Representation: Detainees under MISA did not have the right to legal representation or a fair trial.
Limited Judicial Review: The act severely restricted the scope of judicial review, making it difficult for courts to intervene in cases of detention under MISA.
Controversy and Criticism:
Human Rights Violations: MISA was widely criticized for its draconian measures and violation of fundamental human rights, including the right to liberty, freedom of speech, and due process.
Political Repression: The act was seen as a tool for political repression, used by the government to silence opposition and dissent.
Abuse of Power: There were numerous instances of abuse of power under MISA, with individuals being detained on vague or politically motivated grounds.
Repeal:
After the end of the Emergency in 1977, the newly elected Janata Party government repealed MISA in 1978 as part of its efforts to restore democratic norms and civil liberties.
The legacy of MISA remains a stark reminder of the potential for misuse of power and the importance of safeguarding democratic principles and human rights.
PYQ:
[2022] Which of the following is/are the exclusive power(s) of Lok Sabha?
To ratify the declaration of Emergency
To pass a motion of no-confidence against the Council of Ministers
To impeach the President of India
Select the correct answer using the code given below:
From UPSC perspective, the following things are important :
Prelims level: Mashko Piro Tribe
Why in the News?
An NGO has released rare photographs of the Mashco Piro tribespeople, one of the world’s 100-odd uncontacted tribes.
Who are the Mashko Piro people?
The Mashco Piro tribe, possibly numbering over 750, are nomadic hunter-gatherers.
They live in the Amazon jungles of the Madre de Dios Region, near Peru’s border with Brazil and Bolivia.
Almost all uncontacted tribes, including the Mashco Piro, live in the jungles of the Amazon and Southeast Asia.
The Mashco-Piro speak a dialect of the Piro language.
The tribe is highly reclusive and only occasionally contacts the Yine people, another native group.
Threats from the logging activities
Logging companies has been allotted 53,000 hectares in the Madre de Dios forests to extract cedar and mahogany.
The Mashco Piro have expressed their disapproval of the logging companies through the Yine people, reporting feelings of pressure and upset due to company assaults.
Historical Context:
The Mashco Piro’s territory was invaded during Peru’s rubber boom in the 1880s, resulting in displacement, enslavement, and mass killings.
Survivors moved further upstream on the Manu River and have lived in isolation since then.
Protective measures from the Government
In 2002, the Peruvian government established the Madre de Dios Territorial Reserve to protect the Mashco Piro’s territory.
However, large parts of their traditional lands lie outside the reserve and have been sold as logging concessions.
The Peruvian government has forbidden all contact with the Mashco Piro to prevent the spread of diseases to which the tribe has no immunity.
As logging companies encroach on their territories, the Mashco Piro have nowhere left to go.
PYQ:
[2016] Consider the following pairs:
Community sometimes in the affairs of mentioned in the news
Kurd : Bangladesh
Madhesi : Nepal
Rohingya : Myanmar
Which of the pairs given above is/are correctly matched?
From UPSC perspective, the following things are important :
Prelims level: Equity Linked Savings Schemes (ELSS); Section 80C of the Income Tax Act.
Why in the News?
Equity Linked Savings Schemes (ELSS) are mutual fund schemes that offer tax benefits under Section 80C of the Income Tax Act.
Recently, ELSS has seen a decline in popularity, with more money being withdrawn from these schemes than invested.
What is Section 80C of the Income Tax Act?
Section 80C permits certain investments and expenses to be tax-exempted.
By well-planning the 80C investments that are spread diversely across various options like National Savings Certificate (NSC), Unit Linked Insurance Plan (ULIP), Public Provident Fund (PPF), etc., an individual can claim deductions up to Rs 1,50,000.
By taking tax benefits under 80C, one can avail of a reduction in tax burden.
About Equity Linked Savings Schemes (ELSS)
An ELSS fund or an equity-linked savings scheme is the only kind of mutual funds eligible for tax deductions under the provisions of Section 80C of the Income Tax Act, 1961.
Investors can claim a tax rebate of up to Rs 1,50,000 and save up to Rs 46,800 a year in taxes by investing in ELSS mutual funds.
ELSS mutual funds’ asset allocation is mostly (65% of the portfolio) made towards equity and equity-linked securities such as listed shares.
They may have some exposure to fixed-income securities as well.
These funds come with a lock-in period of 3 years only, the shortest among all Section 80C investments.
Being market-linked, they are subject to market risk, but may offer potentially higher returns compared to traditional tax-saving instruments like National Savings Certificate (NSC) or Public Provident Fund (PPF).
Recent Trends in ELSS
In the past few months, more money has been taken out of ELSS than put in.
For example, last month ₹445 crore was withdrawn, while in April it was ₹144 crore.
In the last fiscal year, only ₹1,041 crore was invested in ELSS, compared to ₹7,744 crore the previous year.
Impact of the New Tax Regime
A new tax regime was introduced in 2020-21, which is now the default option.
The old tax regime offered various tax exemptions and deductions, helping to reduce income tax.
These benefits are not available under the new tax regime, making ELSS less attractive to investors.
PYQ:
[2021] Indian Government Bond Yields are influenced by which of the following?
Actions of the United States Federal Reserve
Actions of the Reserve Bank of India
Inflation and short-term interest rates
Select the correct answer using the code given below.
(a) 1 and 2 only
(b) 2 only
(c) 3 only
(d) 1, 2 and 3
From UPSC perspective, the following things are important :
Prelims level: Lunar Caves; Mare Tranquillitatis, LRO.
Why in the News?
Scientists have confirmed the presence of a cave on the Moon, near the site of the first lunar landing 55 years ago.
This discovery could provide astronauts with a potential habitat on the Moon in the future.
About the Cave on Mare Tranquillitatis
A study titled “Radar evidence of an accessible cave conduit on the Moon below the Mare Tranquillitatis pit” was published in the journal Nature Astronomy.
The study established the presence of a moon cave at the Sea ofTranquillity, a large, dark, basaltic plain on the Moon’s surface.
The cave is located 400 kilometers from where astronauts Neil Armstrong and Buzz Aldrin landed in 1969.
It is roughly 45 meters wide and up to 80 meters long, with an area equivalent to 14 tennis courts.
Research Method
Researchers analyzed photos taken in2010 by NASA’s Lunar Reconnaissance Orbiter (LRO) spacecraft.
They concluded that the pit was the entry point to a cave created by the collapse of a lava tube, a tunnel formed when molten lava flows beneath a field of cooled lava.
Back2Basics:Lunar Reconnaissance Orbiter (LRO)
NASA launched the LRO on June 18, 2009.
LRO’s primary mission is to map the Moon’s surface in high detail to identify safe landing sites and locate potential resources.
It is equipped with seven scientific instruments, including a camera, a laser altimeter, and a radiation detector.
LRO has provided critical data on lunar topography, temperature, and radiation levels, significantly enhancing our understanding of the Moon.
Characteristics of Lunar Caves
Craters are bowl-shaped and result from asteroid or comet strikes.
Pits, in contrast, appear as massive steep-walled depressions.
At least 200 such pits have been discovered, with 16 believed to have formed from collapsed lava tubes due to volcanic activity over a billion years ago.
Benefits for Human Exploration
The Moon is exposed to solar radiation 150 times stronger than Earth.
The lunar surface heats to about 127 degrees Celsius during the day and cools to around -173 degrees Celsius at night.
Caves, however, maintain stable average temperatures of around 17 degrees Celsius.
They could shield human explorers from radiation and micrometeorites, making them viable for future lunar bases or emergency shelters.
Challenges and Further Research
The depth of such caves could present challenges for accessibility.
There are risks of potential avalanches and cave-ins.
Need for Further Research
Further research is needed to understand and map the structural stability of the caves.
This could be done using ground-penetrating radar, robots, or cameras.
To become viable habitats, caves would need systems to monitor movement or seismic activity and safety zones for astronauts in case of a cave collapse.
PYQ:
[2008] Selene-1, the lunar orbiter mission belongs to which one of the following?
From UPSC perspective, the following things are important :
Prelims level: Python Farming
Why in the News?
In the farmlands of central Thailand, thousands of pythons are raised in a warehouse for their diamond-patterned skins, which are sold to high-end European fashion houses.
Some scientists and industry insiders believe the true value of these snakes lies in their meat.
Python Farming in Asia
Researchers estimate that China and Vietnam alone have at least 4,000 python farms, producing several million snakes primarily for the fashion industry.
A study published in Nature highlighted python farming as a flexible and efficient response to global food insecurity.
Benefits of Python Farming
Pythons can survive for monthswithout food or water and maintain their condition.
They were fed waste chicken and wild-caught rodents, offering a more efficient feed-to-meat ratio than poultry, beef, and even crickets.
Female pythons can lay between 50 and 100 eggs annually, leading to rapid reproduction.
Advantages of Python Meat
Pythons offer a more efficient feed-to-meat ratio than poultry, beef, and even crickets.
They can survive without food and water for months without losing condition.
Python meat has a chicken-like texture and is low in saturated fats.
It could provide a sustainable protein source with a lower environmental impact compared to traditional meat.
Challenges and Market Acceptance
Despite the advantages, the market is limited for python meat.
Python farmers struggle to convince people to consume snake meat, resulting in most of it being discarded or sold to fish farms.
Environmental Impact of Traditional Meat
The UN’s IPCC notes that meat from grazing animals has the greatest environmental impact.
The climate impact of traditional meat is significant, with beef identified as having the greatest environmental impact.
The UN and climate activists advocate for a more plant-based diet, but the demand for meat is expected to increase by 14% by 2032.
Drought and extreme weather are making traditional farming difficult in many parts of the world, increasing the need for alternative protein sources.
The paradox of rising meat demand and environmental concerns has spurred interest in alternatives like edible insects and lab-grown meats.
Python Meat as an Alternative
Protein-energy malnutrition caused nearly 190,000 deaths globally in 2021, emphasizing the urgent need for protein sources in many parts of the world.
Python meat could help address this issue, offering a sustainable and efficient alternative.
PYQ:
[2018] How far do you agree with the view that the focus on lack of availability of food as the main cause of hunger takes the attention away from ineffective human development policies in India?
From UPSC perspective, the following things are important :
Prelims level: FARC Peace Deal
Why in the News?
Colombia, the global center of the cocaine industry, is undergoing significant changes due to domestic and global forces.
Recent Changes: Disruption in Cocaine Trade
Colombia, the global center of the cocaine industry, is undergoing significant changes due to domestic and global forces.
Two years ago, drug traffickers who buy coca paste stopped showing up.
This sudden halt left the villagers without income, leading to food shortages and exodus in search of jobs.
The population of Cano Cabra shrunk from 200 to 40 people.
This pattern has repeated in communities across Colombia where coca is the only source of income.
About the FARC Peace Deal
It refers to the agreement reached between the Colombian government and the Revolutionary Armed Forces of Colombia (FARC) to end decades of conflict. It is a significant milestone in Colombia’s efforts to achieve lasting peace and stability.
FARC is a Marxist-Leninist guerrilla group founded in 1964 that waged an armed struggle against the Colombian government for over five decades.
The conflict resulted in over 220,000 deaths and the displacement of millions of people, making it one of the longest-running conflicts in Latin America.
A peace deal was signed on November 24, 2016, and subsequently ratified by the Colombian Congress.
How does the peace deal impact Columbia?
The FARC financed its war through cocaine, relying on farmers to provide coca leaves.
After the FARC left the cocaine industry, smaller criminal groups took over, adopting a new economic model.
These groups buy large quantities of coca from fewer farmers and limit operations to border regions for easier drug transport.
The shift in the drug trade has left the communities economically devastated.
Cocaine Production in Latin America:
Pablo Escobar the famous drug lord and the leader of the Medellín Cartel was a Colombian.
Ecuador has become a top cocaine exporter, and coca cultivation has increased in Peru and Central America.
These changes have pushed global cocaine production to record highs.
While cocaine consumption has reduced in the United States, it is growing in Europe and Latin America and emerging in Asia.
Implications on India:
Changes in the Colombian cocaine industry may alterglobal drug trafficking routes.
India, as part of the global drug trade network, could see changes in the routes used to smuggle cocaine into the country.
Increased cocaine production globally could lead to a higher availability of the drug in India.
This could result in an increase in drug trafficking activities within the country visible in increased seizures in major cities like Pune.
Higher availability of cocaine could lead to an increase in drug abuse cases in India.
PYQ:
[2018] India’s proximity to the two of the world’s biggest illicit opium-growing states has enhanced her internal security concerns. Explain the linkages between drug trafficking and other illicit activities such as gunrunning, money laundering and human trafficking. What counter-measures should be taken to prevent the same?
From UPSC perspective, the following things are important :
Prelims level: General Finance Rules (GFR)
Why in the News?
The Finance Ministry has announced new rules under the General Finance Rules (GFR) to give scientific Ministries more flexibility in importing and buying research equipment.
These changes address scientists’ concerns about strict rules have slowed down research.
Changes introduced in GFR
The limit for buying goods without needing a tender has been raised from ₹25,000 to ₹1,00,000.
For goods priced between ₹25,000 and ₹250,000, a committee of three members must check the market for the best value and quality.
This limit has been raised from ₹1,00,000 to ₹10,00,000.
Note: These changes only apply if the goods are NOT available on the Government e-Marketplace (GeM).
What are General Finance Rules (GFR)?
The General Finance Rules (GFR) are a set of rules issued by the Government of India to regulate financial matters in public administration.
They provide a framework for financial management, ensuring accountability, transparency, and efficiency in the use of public funds.
The GFR were first issued in 1947, post-independence.
The rules have been revised multiple times, with significant updates in 1963, 2005, and the latest in 2017.
The GFR applies to all central government departments, ministries, and organizations funded by the government.
Key Provisions:
General System of Financial Management: Guidelines on budgeting, accounting, and auditing.
Procurement of Goods and Services: Rules for procurement, emphasizing transparency and competition.
Contract Management: Procedures for awarding, managing, and terminating contracts.
Inventory Management: Guidelines for managing government inventories and assets.
Grants-in-Aid: Procedures for providing grants to institutions and individuals.
Major Highlights:
Emphasis on e-procurement to enhance transparency and efficiency.
Use of the Government e-Marketplace (GeM) for procurement of common use goods and services.
Requirement for performance security in government contracts to ensure compliance and reduce risk.
Strengthening of internal controls and audit mechanisms to ensure compliance with rules and regulations.
Back2Basics:Government e-Marketplace (GeM)
The GeM is a one-stop National Public Procurement Portal to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs.
It was launched in 2016 by the Ministry of Commerce and Industry.
It was developedby the Directorate General of Supplies and Disposals (under MCI) with technical support from the National E-Governance Division (MEITy).
From UPSC perspective, the following things are important :
Prelims level: Last Universal Common Ancestor (LUCA); Molecular Clock Theory; Oparin-Haldane Hypothesis; Miller-Urey Experiment.
Why in the News?
The origin of life on Earth remains one of the world’s most enduring mysteries.
Numerous competing theories exist, but none have conclusive proof.
A significant concept in understanding the origin of life is the Last Universal Common Ancestor (LUCA).
What is the Last Universal Common Ancestor (LUCA)?
Researchers believe that all life forms— the Bacteria, the Archaea, and the Eukarya —originated from a single cell known as the last universal common ancestor (LUCA).
It is suggested to have been a “cellular organism that had alipid bilayer and used DNA, RNA, and protein“.
There is a lack of clarity about direct fossil evidence of LUCA.
However, the shared features of modern genomes provide significant insights into this ancient ancestor.
LUCA and the Molecular Clock:
The molecular clock theory was proposed by molecular biologist Emile Zuckerkandl and biochemist Linus Pauling in the 1960s and later refined by biologist Motoo Kimura.
The theory allows scientists to reconstruct the evolutionary timeline.
According to the theory, the rate at which mutations are addedor removed from a population’s genome is proportional to the rate of acquiring new mutations, which is constant.
By calibrating the molecular clock with known events, such as the emergence of the first mammals or the age of certain fossils, researchers can estimate the time between evolutionary events.
Recent Research Findings on LUCA’s Age and Genome
Researchers at the University of Bristol and Exeter estimate that LUCA originated around 4.2 billion years ago, nearly 1 billion years earlier than previously thought.
They obtained evidence from the 3.3 km deepCandelabra’ hydrothermal vent on the Mid-Atlantic Ridge.
LUCA had a small genome of about 2.5 million bases encoding 2,600 proteins, sufficient for survival in a unique niche.
Its metabolites may have created a secondary ecosystem for other microbes.
The presence of immunity genes in LUCA suggests it had to defend against viruses.
Evidence Verification using Miller-Urey Experiment
In 1952, Stanley Miller and Harold Urey conducted an experiment at the University of Chicago, simulating lightning strikes on a mixture of methane, ammonia, and water, which resulted in the formation of amino acids.
This demonstrated that complex organic compounds could arise from inorganic compounds under the right conditions.
Which is older: LUCA or fossils?
LUCA’s estimated origin at 4.2 billion yearspredates the earliest fossil records by almost 1billion years.
Fossil records from the Pilbara Craton in Australia suggest life emerged around 3.4 billion years ago, but the study pushes this date back.
Alternative Theories:
(1) Extraterrestrial Origin
Another prominent theory suggests that meteorites from space could have brought the building blocks of life to Earth.
This theory is supported by various discoveries.
In August 2019, French and Italian scientists reported finding 3.3 billion-year-old extraterrestrial organic material.
Japan’s Hayabusa 2 mission to the asteroid Ryugu detected more than 20 amino acids, further supporting the possibility of an extraterrestrial origin for the building blocks of life.
(2) Oparin-Haldane Hypothesis
In the 1920s, Alexander Oparin and J.B.S. Haldane independently proposed theories regarding the origin of life.
They suggested that life originated from a “primordial soup” in a prebiotic environment on the young Earth.
This concept is now known as the Oparin-Haldane hypothesis.
PYQ:
[2012] Which one of the following sets of elements was primarily responsible for the origin of life on the Earth?
From UPSC perspective, the following things are important :
Prelims level: World Heritage Young Professionals Forum
Why in the News?
India is hosting the UNESCO’s World Heritage Committee meeting for the first time in New Delhi.
Theme: “World Heritage in the 21st Century: Building Capacities and Exploring Opportunities for Youth.”
About the World Heritage Young Professional Forum
The World Heritage Young Professionals Forum is an initiative by UNESCO to engage young professionals in the field of heritage conservation.
The first World Heritage Young Professionals Forum was organized in 1995.
The primary aim is to engage young professionals in heritage conservation and management through capacity building, networking, and awareness-raising.
Back2Basics: UNESCO World Heritage Sites
Description
UNESCO World Heritage Sites
Landmarks or areas selected by UNESCO for their cultural, historical, scientific, or other significant value, legally protected by international treaties.
Importance
World Heritage Sites represent collective and preservative interests of humanity, signifying remarkable accomplishments and intellectual history.
Selection Criteria
Sites must be already-classified landmarks, unique and significant culturally or physically, such as ancient ruins, historical structures, cities, monuments, etc.
Conservation
World Heritage Sites require practical conservation to protect them from risks like trespassing, uncontrolled access, or administrative negligence.
World Heritage Committee
Selects and monitors World Heritage Sites, manages the World Heritage Fund, and provides financial assistance. Composed of 21 states parties elected for a four-year term.
Membership
India is not a member of the World Heritage Committee.
PYQ:
[2014] Consider the following international agreements:
The International Treaty on Plant Genetic Resources for Food and Agriculture
The United Nations Convention to Combat Desertification
The World Heritage Convention
Which of the above has / have a bearing on the biodiversity?
Prelims Only | Polity | Mains Paper 2: Indian Constitution - historical underpinnings, evolution, features, amendments, significant provisions and basic structure
Note4Students
From UPSC perspective, the following things are important :
Prelims level: Quota for Locals; Constitutional provisions invoked.
Why in the News?
The Karnataka Cabinet has approved a bill mandating that industries, factories, and other establishments appoint local candidates in 50% of management positions and 75% in non-management positions.
The bill was cleared in a Cabinet meeting chaired by the Chief Minister.
Key features of the Bill:
Definition of a Local Candidate:
Born in Karnataka
Domiciled in Karnataka for 15 years
Proficient in speaking, reading, and writing Kannada
Passed a required test by the nodal agency
Educational Requirements:
Must have a secondary school certificate with Kannada as a language, or
Pass a Kannada proficiency test specified by the nodal agency
Training and Relaxation Provisions:
Industries and establishments must train local candidates within three years if qualified locals are unavailable
Establishments can apply for relaxation if local candidates are insufficient
The government’s decision on relaxation applications is final
Local candidates must constitute at least 25% in management and 50% in non-management positions
Non-compliance penalties range from ₹10,000 to ₹25,000
Do you know?
The Punjab and Haryana High Court earlier quashed the Haryana State Employment of Local Candidates Act, 2020, which mandated 75% reservation for state domiciles in the private sector jobs.
This decision was made because the State had overstepped its legislative authority and imposed undue restrictions on private employers.
Background and Rationale:
Long-pending Demand:
The bill has been passed in response to longstanding demands for 100% job reservation for Kannadigas.
Earlier in July, Kannada organizations organized rallies in parts of the State, demanding immediate implementation of the Sarojini Mahishi Report.
Sarojini Mahishi Report:
The Sarojini Mahishi report, submitted in 1984 by Mahishi, former Union Minister and the first woman MP from Karnataka, included 58 recommendations.
The report recommended 100% reservation for locals in group C and D jobs in Central government departments and public sector undertakings (PSUs) in Karnataka.
Reservation for Locals in Jobs: Constitutionality Check
Provision
Potential Violation
Article 14
Guarantees equality before the law and equal protection of the laws.
Reservation for locals could create unequal opportunities for non-locals, violating the principle of equality.
Article 15
Prohibits discrimination on grounds of religion, race, caste, sex, or place of birth.
Reserving jobs for locals based on place of birth or domicile status may constitute discrimination against non-locals.
Article 16
Ensures equality of opportunity for all citizens in matters relating to employment or appointment to any office under the State.
Though it allows reservation for backward classes, it does not explicitly extend this provision to private employment, making mandatory quotas for locals potentially unconstitutional.
Article 19
Guarantees the freedom to move freely throughout the territory of India.
Imposing local reservations could restrict the free movement of people seeking employment opportunities across states, infringing upon their freedom of movement and residence.
PYQ:
[2017] One of the implications of equality in society is the absence of:
Next Generation Aviation Professionals (NGAP): Addresses anticipated aviation professionals shortage
No Country Left Behind (NCLB): Assists states in implementing ICAO standards and policies
Publications and Resources
Annexes to the Chicago Convention: SARPs across civil aviation domains
ICAO Journal: Quarterly publication
Global Aviation Safety Plan (GASP) and Global Air Navigation Plan (GANP): Strategic documents for aviation safety and navigation improvements.
Regional Offices
Seven offices in Bangkok, Cairo, Dakar, Lima, Mexico City, Nairobi, and Paris
Standards
Annex 1: Personnel Licensing
Annex 6: Operation of Aircraft
Annex 8: Airworthiness of Aircraft
Annex 17: Security
Annex 19: Safety Management
Global Impact
Harmonizes international aviation policies and procedures
Contributes to safe, secure, and sustainable growth of global air transport
About Asia Pacific Ministerial Conference on Civil Aviation
The conference aims to strengthen regional collaboration and develop a future-focused vision for the region, emphasizing innovation and safety.
The inaugural conference took place in February 2018 in Beijing.
39 member states of the UN aviation safety body, the International Civil Aviation Organisation (ICAO), from the Asia Pacific region are expected to attend.
The conference focuses on making aviation travel sustainable, resilient, and adaptive to the changing needs of a globally interconnected community.
This region accounts for 33.41% of global flight departures, the highest of any region worldwide.
Passenger numbers are expected to increase from 4.5 billion this year to 11.5 billion by 2050.
PYQ:
[2014] International civil aviation laws provide all countries with complete and exclusive sovereignty over the airspace above their territory. What do you understand by ‘airspace’ What are the implications of these laws on the space above this airspace? Discuss the challenges which this poses and suggest ways to contain the threat.
