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GS Paper 2

27th October – SVAMITVA Scheme

SVAMITVA Scheme In a historic move set to transform rural India and empower millions of Indians, Prime Minister Shri Narendra Modi has launched the physical distribution of Property Cards under the SVAMITVA Scheme. What is ‘SVAMITVA Scheme’? SVAMITVA is a Central Sector Scheme of the Ministry of Panchayati Raj, which was launched by the Prime …

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24th October – Promotion of nutri-cereals

Promotion of nutri-cereals During the recent speech on ‘World Food Day’, Prime Minister made focus on the production of millets, also now known as “nutri-cereals”. Giving examples of nutri-cereals like jowar, bajra and ragi, PM Modi also shared how the Food and Agriculture Organisation (FAO) has endorsed India’s call for declaring 2023 as the “International …

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23rd October – Digital Payments

Digital payments Digital payments have found strong ground, especially in India, increasingly relegating all other modes of payments to the background. It is through a faster system of simultaneous debits and credits that the money value is transferred from one account to the other across banks. With such versatility and ease of settling financial transactions, …

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22nd October – Defence Offsets

Defence Offset Policy Recently, the government diluted the “offset” policy in defence procurement. Many contend that the move is a setback for augmenting domestic capabilities or for realising the goal of Atmanirbhar Bharat. Offset clause – Large buyers of defence equipment and advanced technologies such as India seek to exercise their “buying power” to secure …

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21st October – Bangladesh’s economic rise

Bangladesh’s economic rise is an opportunity for India The International Monetary Fund’s latest World Economic Outlook has triggered much outrage in India. The provocation was the IMF’s prediction that Bangladesh’s per capita GDP will overtake that of India this year. The projected difference is rather small — $1,888 to $1,877 — and unlikely to last …

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19th October – Taxing agricultural income

Taxing agricultural income In a white paper on black money released in May 2012, the Central Board of Direct Taxes admitted that: Giving credit to agricultural income for income-tax purposes without verification of claim allows an avenue for bringing black money into the financial system as agricultural income. In 2014, the Tax Administration Reforms Commission …

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17th October – STARS Project

STARS Project How badly India needs to fix the fundamentals of school education is evident from the fact that, while college-admission cut-offs have reached absurdly high levels, learning levels in government-run schools have been declining since 2008, as per ASER. Need to focus on school education – Pedagogy in the country needs to be drastically …

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15th October – Arab Nationalism

The Arab World and the elusive two-state solution Recently, the global media gleefully proclaimed the newly minted ‘Abraham Accord’ to describe a happening of political significance. Abraham is a patriarchal entity who flourished in the Second Millennium BCE which is revered by three religions — Judaism, Christianity and Islam — and whose followers today account …

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13th October – Minimum Support Price (MSP)

MSP in the age of surplus MSP (Minimum Support Prices) regime was the creation of the era of scarcity in the mid-1960s. Indian agriculture has, since then, turned the corner from scarcity to surplus. The policy instruments of dealing with shortages are different from those dealing with surpluses. In a surplus economy, unless we allow …

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12th October – Constitution as a unifying document

Constitution as a unifying document The birth of a new democratic establishment is recorded in the text of a supreme law, which is referred to as the “Constitution”. The assertion that a constitution acts as a unifying document in countries with heterogeneous populations lies at the core of the constitution-making process. It can be discerned …

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