GS Paper 3

/GS Paper 3

UAVs – Let it fly

By | 2018-06-18T10:22:54+00:00 June 18th, 2018|Categories: GS Paper 3, Infrastructure, Security, Uncategorized|Tags: , , |

Civil Aviation Ministry is planning to launch the ‘drone policy’ stating the civil aviation requirements to give fillip to the industry which has seen huge growth in the recent past but possess more potential for growth which is presently dogged by hazy laws and policy paranoia. Unmanned Aerial Vehicle (UAV) – the future – Drones are actually military inventions which later became popular in civilian sectors such as construction, mining, agriculture, media, policing and insurance to propel growth and innovation in these sectors. Start-up activity in civilian drones has already picked up in Rs 2.000 crores plus drone market of [...]

Bad Bank – Idea to tackle NPAs

By | 2018-06-18T09:20:29+00:00 June 18th, 2018|Categories: Economy, GS Paper 3|Tags: , , |

Non-performing assets have become a nightmare for the policymakers as it is currently disarming the ability of Monetary Policy Committee to control the money supply. Multiple ideas to address the menace of NPAs have been discussed but the humongous amount has not yet fallen down from the molehill. Idea of a bad bank - One of the ideas that have been debated and discussed about is the idea of a bad bank. The logic behind the formulation of a bad bank is to transfer all the non-performing assets (NPA) of a bank under the baggage of this entity so as [...]

Petrol and Diesel Pricing

By | 2018-06-09T16:09:03+00:00 June 9th, 2018|Categories: Economy, GS Paper 1, GS Paper 3|Tags: , , , |

In India, we pay so much for petrol and diesel due to tax and levies. Apart from the argument to contain fiscal deficit, the government has other reasons to not lower down these levies on this public utility. Fascinating statistics - For every additional rupee in tax and levies, the government gets Rs 130 billion more revenue while for every $10 per barrel increase in crude oil prices, GDP growth is reduced by almost 0.2-0.3 percent. Why the people must pay high taxes? Those who use vehicles must pay high taxes so that - It acts as a disincentive to [...]

RBI Cryptocurrency

By | 2018-04-22T19:56:48+00:00 April 22nd, 2018|Categories: GS Paper 3|

The Reserve Bank of India (RBI), like many of its global peers, has decided to look into the possibility of issuing a central bank digital currency (CBDC). Such initiatives are in response to the recent popularity of cryptocurrencies and the mind space this phenomenon has acquired. What is currency? Currency is a subset of a broader economic concept of money. Currency is the “token” which facilitates movement of money, shifting its purchasing power from the current holder to its future holder. Currency facilitates the exchange feature of money, that is, payment. What is a digital currency? Currency, driven by technology, has [...]

Digitizing Land Records using Blockchain Technology – Livemint Summary

By | 2018-04-22T19:54:07+00:00 April 22nd, 2018|Categories: GS Paper 2, GS Paper 3|

It has been more than a decade since the ambitious project to digitise land records across the country, called Digital India Land Records Modernisation Programme or DILRMP, was launched.  It has failed to keep the required pace. We can push it in mission mode using blockchain technology. Why digitisation of land records is required? The existing legal framework, based on the system of “presumptive ownership”, lends itself to litigation as land and property undergo several mutations over generations that are not always captured on public records. Moreover, data related to a specific parcel of land is stored in silo’ed government departments, [...]

Defence Planning Committee – IDSA Summary

By | 2018-04-22T19:46:42+00:00 April 22nd, 2018|Categories: Around The World, GS Paper 2, GS Paper 3|

In a significant defence policy reform notified on April 18, 2018, the government has revamped the existing defence planning system by establishing a Defence Planning Committee (DPC) under the chairmanship of the National Security Adviser (NSA). Details - This new institutional mechanism, set up as a permanent body, is intended to “facilitate a comprehensive and integrated planning for defence matters”. The new measure, arguably the boldest defence reform in decades, is likely to have a far reaching consequence on the way defence planning is undertaken and on defence preparedness. Composition of DPC - The Committee has a cross-section of members drawn [...]

First Indo-Nordic Summit – VIF India Summary

By | 2018-04-22T19:40:51+00:00 April 22nd, 2018|Categories: GS Paper 3|

En route to UK for the Commonwealth Heads of Government Meeting (CHOGM) Summit, Prime Minister Narendra Modi will be visiting Sweden on April 16 & 17. First Indo-Nordic Summit - It will be a bilateral visit, with multilateral engagements, for the first Indo-Nordic Summit at Stockholm at the invitation of PM Stefan Lofven. Leaders from Denmark, Finland, Iceland and Norway along with their Swedish host will interact with PM Modi for an in-depth exchange in the field of clean technologies, environmental solutions, port modernisation, ship building, food processing, health, agriculture, infrastructure, skill development and innovations. Background - Indo-Swedish ties - Diplomatic [...]

National Counter Terrorism Centre

By | 2018-04-22T19:49:34+00:00 April 19th, 2018|Categories: GS Paper 2, GS Paper 3|

In a recent report to the Rajya Sabha, the Parliamentary Standing Committee on Home Affairs has recommended that the government should immediately revive the idea of a National Counter Terrorism Centre (NCTC) as a unified counter terrorism agency. Background - The demand to tighten internal security architecture emerged after 2008 Mumbai terror attacks. It prominently included the creation of the National Investigation Agency (NIA), the National Intelligence Grid (Natgrid) as well as the revamp of National Security Guard (NSG). There was an ambitious plan to create a single overarching body for counter terrorism purposes by combining two distinct intelligence systems—predictive intelligence [...]

Cambodia-China Relations | IAS Coaching in Chandigarh

By | 2018-04-04T01:42:39+00:00 April 4th, 2018|Categories: GS Paper 3|

The forcible dissolution of Cambodia’s opposition party Cambodia National Rescue Party (CNRP), the seizure of its headquarters and the crackdown on reporters has resulted in condemnation from the West. What is the issue? The Cambodian senate elections that were conducted later resulted in a landslide victory for Hun Sen, the reigning leader for 33 years with 11292 votes out of 11670. To oppose the crackdown, the US administration under Trump announced aid cuts of $8.3 million to the Cambodian Government, though aid to areas of health, education, agriculture and civil society continue unabated. With the EU also threatening to introduce sanctions, [...]

International Solar Alliance- IDSA Summary

By | 2018-04-02T12:15:19+00:00 March 22nd, 2018|Categories: GS Paper 2, GS Paper 3|

On 11 March 2018, India, along with France, hosted the members of the International Solar Alliance (ISA), marking an important milestone in its efforts to take the alliance, which was Prime Minister Narendra Modi’s brainchild, and supported ably by France, forward. Details - The key idea of the ISA is to “harmonise and aggregate demand for solar finance, solar technologies, innovation, research and development, and capacity building”. The ISA aims to mobilise $1 trillion low-cost financing for massive deployment of solar energy by 2030 and bring together 121 countries that lie between the Tropics of Cancer and Capricorn that receive plenty [...]

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