27 May, 2020

  • PM reviews LAC standoff with NSA, CDS & 3 Service Chiefs + Xi meet PLA, urges battle preparedness - (International Relations) (India-China border dispute, Galwan Valley Region, Galwan River)
  • Oil Price Pickle - Editorial - (Economy) (Decline in Crude Oil Prices in International Market; Govt. raising tax on fuel)
  • FSDC Meeting on Thursday (Economy) (Financial Development Stability Council, Origin and Functions)
  • Fisheries Scheme has no relief component - (Economy) (PMMSY, Blue Revolution, Economic Package)
  • Whitewash - Archives - (History & Culture) (Hunter Committee Report, Jallianwala Bagh, Rowlatt Act)
  • How India can become self-reliant - Article - (Economy)
  • Question for the day

Prelims Quiz

    Solution.

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    Description

    PM REVIEWS LAC STAND-OFF WITH NSA

    Prime Minister Narendra Modi yesterday reviewed the current situation on the Line of Actual Control (LAC) and the ongoing standoff with China with National Security Adviser Ajit Doval, Chief of Defence Staff (CDS) Gen. Bipin Rawat and the three Service Chiefs.

    • India’s stand
    • China’s Preparedness
    • Shekatkar Committee

     

    RESPONSE OF THE GOVERNMENT TO DECLINE IN CRUDE OIL PRICES

    The International Crude oil prices has reduced by almost 45% in the year 2020 as compared to the previous year 2019. India imports almost 80% of its crude oil requirements. Hence, decline in the crude oil prices would help us reduce our import bill, reduce CAD and keep inflation under control.  But the question here is " What should be the response of the Government to decline in International Crude oil Prices?".

    • Need to Increase the taxes on Fuel
    • Need to pass on the benefit to consumers

     

     FINANCIAL STABILITY DEVELOPMENT COUNCIL

    The Union Finance Minister has called for the meeting of the Financial Stability and Development Council (FSDC) to discuss the impact of COVID-19 on the financial sector and the economy.

    • About Financial Stability Development Council (FSDC)

     

    FISHERIES SCHEME HAS NO RELIEF COMPONENT

    This news highlight that Pradhan Mantri Matsya Sampada Yojana (PMMSY) which was announced as part of Centre’s economic stimulus package in response to COVID-19, does not have seem to contain any components aimed at relief or financial assistance to provide immediate help for the hard-hit fisheries sector including direct cash transfer.   

    • Highlights of PMMSY
    • Benefits under PMMSY
    • Important Steps taken by the government for Blue Revolution

     

    WHITEWASH - HUNTER COMMITTEE REPORT - ARCHIVES 

    This article highlights about the recommendations of the Hunter Committee

    • Highlights of the Hunter Committee Report

     

    HOW INDIA CAN BECOME SELF-RELIANT?

    The article analyses India’s development model historically and its pitfalls, lessons that can be learnt from the Asian Tigers and China’s models of development and the pathway for India to become self-reliant.

    • India’s Model of Development - Post-Independence and Post 1991 LPG Reforms
    • Lessons from Asian Tigers and China
    • Way forward for India
    Comments

    ANKURGOYAL 6 months ago

    SIR IS THERE ANY DIFFERENCE BETWEEN HUNTER COMMISSION AND HUNTER COMMITTE REPORT

    MRITUNJAY RAI 6 months ago

    10