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By UGI USER

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29Jul 2024

EMPLOYMENT AND THE 2024-25 UNION BUDGET

Why in the news? The Union Budget for 2024-25 prioritized employment, with the term mentioned 23 times in the Finance Minister’s speech. In response to rising unemployment and public dissatisfaction, Prime Minister Narendra Modi introduced several employment-focused schemes. source: TheDC Current State of Employment India’s workforce in 2022-23 was approximately 56.5 crore, with 45% in …

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27Jul 2024

BRIDGING GENDER GULF IN THE SPHERE OF ECONOMY

Syllabus: GS-3- economic development , gender analysis , equality in all fields, ethical perspective Focus : The article focuses on the persistent gender gap in the economy, examining its historical roots, current state, and economic benefits of gender equality. It outlines strategies to bridge this gap, including policy interventions, education, financial inclusion, and workplace practices, …

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27Jul 2024

GOVT FORMS CORE GROUP TO INTEGRATE EMPLOYMENT DATA

Why in the news? The government forms a core group to integrate employment data, following new schemes in Budget 2024-25 for job creation. Formation of Core Group: Objective: An inter-ministerial core group will be formed to streamline and integrate employment data from various departments. Announcement: This follows Budget 2024-25’s introduction of employment-linked incentive schemes and …

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27Jul 2024

PM DEFENDS AGNIPATH SCHEME

Why in the news? Prime Minister Narendra Modi defended the Agnipath scheme on the 25th anniversary of the Kargil War. Modi emphasised the scheme aims to keep the Army young and fit for war. Criticised the Opposition, especially Congress, for politicising national security issues and past failures to meet armed forces’ demands. source:worldmap About the …

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27Jul 2024

CAPITAL GAINS TAX CHANGES AND TAX-TO-GDP RATIO

Why in the news? Revenue Secretary Sanjay Malhotra stated that India’s tax-to-GDP ratio is not low, contrary to popular belief. The ratio is about 18% when including both central (12%) and state (6%) taxes. Higher tax-to-GDP ratios in India can be attributed to income levels relative to per capita income. source:scribd Tax-to-GDP Ratio: Key Points …

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27Jul 2024

TOUGH STEPS TO CLEAN THE AIR MAY RAISE EXPENSES IN SEVERAL SECTORS

Why in the news? The Ministry of Environment, Forest, and Climate Change (MoEFCC) has proposed amendments to the Air (Prevention and Control of Pollution) Rules, 1982, to combat air pollution. These amendments include penalties for non-compliance and appointing adjudicating officers to enforce rules, impacting polluting industries such as manufacturing and textiles. Key Proposals and Changes …

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27Jul 2024

RBI’S LIQUIDITY NORMS AND POTENTIAL IMPACT ON CREDIT GROWTH

Why in the News? The Reserve Bank of India (RBI) has introduced new guidelines requiring banks to hold a higher stock of liquid assets to address potential bank runs. The guidelines focus on deposits made through digital channels, which are considered less stable and prone to quick withdrawals. Source: BS Key Provisions and Requirements Banks …

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27Jul 2024

AGRICULTURE’S FUTURE IN QUESTION: UNION BUDGET 2024 REVIEW

Why in the news? The Union Budget 2024 has been criticized for its lack of ambition and novel ideas in the agricultural sector. Despite prioritizing “productivity and resilience in agriculture,” the budget proposals largely repeat previous promises without introducing significant new initiatives. source: BBC Agricultural highlights in budget: The budget’s plan to initiate one crore …

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27Jul 2024

FIGHTING MILITANTS IN THE MOUNTAINS

Syllabus: GS 2: Role of External State and Non-state Actors in creating challenges to Internal Security. Security Challenges and their Management in Border Areas – Linkages of Organized Crime with Terrorism. Why in the News? The resurgence of militant activity in Jammu’s Pir Panjal and Chenab valleys, characterized by increased infiltration and attacks, has heightened …

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27Jul 2024

USING CHILDREN’S PERSONAL DATA LEGALLY AND SECURELY

Syllabus: GS-1: Social Issue Focus: The need for robust data privacy and management in India’s extensive education system. With the introduction of UDISE+ and APAAR platforms, concerns arise regarding data security, parental consent, and regulatory compliance under new laws like the DPDP Act. source:slideshare Overview of Indian Education System: Expansive Ecosystem: India has about 15 …

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