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19 August 2017
Doklam crisis echoes loudly in South and South-East Asia Countries in South and South-East Asia, from Nepal to the Philippines, are keenly observing the Doklam crisis, though wary of taking sides, are keeping a close eye on subtle power shifts in the region. Pakistan’s stand on the standoff: As expected, Pakistan has thrown its weight behind China China’s Vice Premier, Wang Yang visited Islamabad on the occasion of the 70th anniversary of Pakistan’s Independence, a carefully choreographed visit Pakistan has backed all positions adopted by China, that ranges from Doklam to the South China Sea (SCS) and anything that fell…
18 August 2017
Use coal while economical, says CEA Chief Economic Adviser Arvind Subramanian said India should leverage its coal assets while it is economical to do so and then ramp up its renewable energy capacity. He added the low tariffs seen in the renewable sector do not include several implicit costs that are so far being subsidised. Mr Subramanian also said that India should not be influenced by coal imperialism, where developed countries try to influence developing countries to reduce their fossil fuel consumption at a rate that does not consider historical factors and equity. Costs associated with moving away from coal…
17 August 2017
Stones flew amid border tussle in Ladakh While standoffs in the Ladakh region between Indian and Chinese troops are almost routine in the summer months, what surprised officials was the pelting of stones between the two sides on Independence Day. A day after the incident, the two sides held a flag meeting at the Border Personnel Meeting (BPM) point at Chushul in eastern Ladakh. The stone-pelting took place when the two sides were retreating after a face-off at Finger Four and Finger Five near Pangong Lake on August 15. A top government source said the situation along the Line of…
16 August 2017
Centre’s eBiz initiative stutters The ambitious e-Biz portal project unveiled by the Centre in 2013 to serve as an online, single-window entry point for investors looking to set up a business anywhere in the country, is still struggling to become fully operational. Even services that were available on the portal, such as registrations with the Corporate Affairs Ministry and the Employees’ Provident Fund, have been impacted due to technical issues. Features of the eBiz portal: It will serve as a 24X7 online single-window system for providing efficient and convenient Government to business (G2B) services to investors and businesses This will…
14 August 2017
Tryst With Inequality The issue of social inequality is a crucial problem of Indian society. The study of social stratification of a society based either on caste or on class is concerned largely with the understanding of inequality. that inequality caused by centuries of economic stagnation resulting from differences in life chances between classes and inequality caused by traditional values, social practices, and social restrictions imposed by the caste system, requires an exercise in sociological analysis Inequality among the gender: even today India facing a lot of problem in men and women due to the joint family system and HUF.…
14 August 2017
India can occupy sectors China is exiting Arvind Panagariya, the outgoing vice chairman of the NITI Aayog said India must make it attractive for foreign firms to invest in light manufacturing sectors such as apparel and footwear. This will help break what he calls Indian industry’s “Brahminical mindset” of investing in capital-intensive sectors instead of those that can generate more jobs. India, he said, is well-positioned to occupy the space being vacated by China in such sectors but its large domestic businesses are reluctant to venture into that space as they prefer sectors such as automobiles, pharmaceuticals, software and petroleum…
12 August 2017
Growth likely to be in the lower range, closer to 6.5% The Indian economy’s growth in 2017-18 is more likely to be closer to 6.5% than 7.5%, according to Chief Economic Adviser Arvind Subramanian. He was speaking to the media after the second volume of the Economic Survey was tabled in Parliament The Chief Economic Adviser remarked that we are not changing our growth forecast (a range of 6.5%-7.5% estimated in February), but because of all these risks, it’s less likely that we will see outcomes towards the upper end of the forecast. The balance of risks to the growth…
12 August 2017
Windfall monetary gains vs. Integrity As a senior officer in the Ministry of PWD, you have access to important policy decisions The Ministry is about to announce a mega road project. Your son is a land dealer and realtor. Once it is announced, the land price in the vicinity would see a steep hike. Your son wants to know the complete details and he is insisting to buy the land at present rates which are very cheap in and around the soon to be announced project. He is trying to convince you by saying that he would purchase land confidentially…
12 August 2017
Swachh Bharat launches Swachh Survekshan Gramin 2017 As the Swachh Bharat Mission approaches the third anniversary of its launch by the Prime Minister, Shri Narendra Modi, the Ministry of Drinking Water and Sanitation today launched a third party verification survey report to take stock of the progress already made by the Mission in rural India. The Quality Council of India (QCI) has conducted a transparent third-party assessment of the present status of rural sanitation in all States and UTs, called Swachh Survekshan Gramin 2017. Under the Swachh Survekshan Gramin 2017, QCI surveyed 1.4 lakh rural households across 4626 villages, and…
10 August 2017
Causes of jobless growth in India? Answer 4th Industrial revolution is on onset and India is in the period of & Age of Mass Consumption & suggested by Rostov a great geographer in his & 39stages of growth & mode where Service sector and other tertiary sectors dominate India & 39 GDP. However, India missed one stage behind this and i.e. & Take off & stage where Manufacturing Sector plays an important role in bringing social economic growth at peak and providing prosperity in terms of employment, social, the political benefit to people. This happened because of multiple factors like…