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Transcript of Be Happy, Share & Help Each Other!!! - StudyIQ · suggest the property where Taj Mahal was built...
Lecture
1- Quote
2- Editorials
3- Current Affair Q
4- Subjective Q
5-Vocabulary
6- Maps Practice
7- Capital & Currency
8-News Analysis
9-Revision
Be Happy, Share & Help Each Other!!!
A •first step
With the introduction of a new financial instrument, India is a step closer to building a vibrant market
for commodities(माल)- Raw material or primary agricultural product
Success in the long journey, however, will require avoiding some policy mistakes of the past.
Multi Commodity Exchange has introduced gold option contracts for the first time in India.
Allows investors to enter into contracts to either buy or sell gold some time in the future at a pre-
determined price.
Gold options will also help bring into formal channels more of the gold that is traded.
Trading volumes, satisfy rules set by SEBI.
Apart from the standardised derivatives approved by SEBI for trading in exchanges, a framework that
promotes over the-counter products will help improve the scope for risk mitigation.
The debut of gold options should be seen as a step towards greater reforms.
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EGoM and GoM Both EGoM as well as the GoM get appointed under the Government of India‟s Transaction of
Business Rules 1961
Empowered Group of Ministers (EGoM) is a Group of Ministers (GoM) of the Union
Government who, after being appointed by the Cabinet, a Cabinet Committee or the Prime
Minister for investigating and reporting on such matters as may be specified, are also authorised
(empowered) by the appointing authority to take decisions in such matters after investigation.
While a GoM investigates and reports to the Cabinet, which takes the decision
As part of empowering the Ministries and Departments, PM on 31 May 2014 decided to
abolish all the existing 9 EGoMs and 21 GoMs.
Expected to expedite process of decision making and usher in greater accountability in the system.
The issues pending before the EGoMs and GoMs will be processed by respective Ministries
/Departments to take appropriate decisions at the level of Ministries and Departments itself.
Wherever the Ministries face any difficulties, the Cabinet Secretariat and the Prime Minister‟s Office
will facilitate the decision making process.
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„Minimum government, maximum governance’ promise.
Nearly 100 such groups had been set up by the Congress-led United Progressive Alliance
(UPA) during its 10-year tenure
After all, the Atal BihariVajpayee government also used such groups as well as the Cabinet
Committee on Disinvestment to push through some of its biggest decisions.
Goods and Services Tax (GST) Council has also formed two GoMs and several committees
of officials to resolve the hurdles that have come up so far in the new indirect tax system
Late September, Mr. Modi reconstituted the Economic Advisory Council to Prime Minister
(EAC), another institution suspended since May 2014, amidst a growing debate on the government‟s
alleged mishandling of the economy.
To go before the Lok Sabha elections, the challenge for the Council is to bring something to the table
that can possibly push a quick enough revival of the economy, and perhaps suggest a course
correction for reforms such as the GST that seem to be inhibiting industrial activity.
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Back to the future
Be Happy, Share & Help Each Other!!!
•First meeting this month, the EAC agreed there is a slowdown underway, but didn‟t reveal
the reasons behind it nor gave a diagnosis of how deep-rooted the problem may be.
It would be instructive to know how the Council views the need for transparency and clear
communication while governing the economy.
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Continue…
A separate peaceAshley Tellis’s 91-page essay ‘Are India-Pakistan Peace
Talks Worth a Damn?
U.S. President Donald Trump is unlikely to help India and, even if
he tries, it could actually make matters worse
“Even if satisfactory solutions could be devised,” Mr. Tellis argues,
the Pakistan army will not accept them “if the end result dethrones
the military from its privileged power in and over the state.”
Preserves the internal hegemony of the Pakistan Army.
It won‟t want to give this up.Only two countries that could persuade Pakistan to change its attitude to India are China and the U.S.
However, given China‟s geopolitical rivalry with India, Mr. Tellis says “it is highly unlikely that Beijing will
ever press Rawalpindi to terminate its terrorism against New Delhi.”
In America‟s case, Washington‟s dependence on Pakistan makes it unlikely that it will apply real
pressure.
•Kerala Hindu Places of Public Worship
(Authorisation of Entry) Act, 1965.
•Obstruction to women‟s entry on the
ground of menstruation
•Supreme Court of India has repeatedly
struck down discriminatory religious
practices, the latest of which is triple talaq
(in Shayara Bano v. Union of India, 2017).
•Clearly offends the equality
•Woman‟s right against discrimination
guaranteed under Article 15(1)
•Curtails her religious freedom assured by
Article 25(1)
•B.R. Ambedkar
•S.R. Bommai (1994), the Supreme Court
said that “secularism operates as a bridge”
“Sabarimala women entry case” has been
referred to a 5-member Constitution Bench
This case has, in effect, become somewhat like
the celebrated Kesavananda Bharati case
(1973)- „Basic Structure‟
Case- Constitutional and Cultural dimensions
The deity has certain rights which the courts
are bound to uphold(कायम रखना).
Lakhs of women congregate( एकत्रित होना) in
Sabarimala every year.
There is only one caveat: they should not be
between 10 and 50 because of the specific
nature of the prathishta (idol)
Let us respect these diversities as India is the
land of pluralism and multiple paths to the
divine reality.
In any civilised society, gender equality is
to be treated as one of the core values
Other core values of our democracy and
Indic civilisation are respect for diversity
among the enormous range of communities
matters of faith, cultural practices, value
systems, dress codes.
You are free to opt for the devata or devi
that suits your taste
it is not to suggest that Hindu faith
traditions are writ in stone and unchanging.
That is how we have countless rewritings
of Ramayanas in different ages with each
interpreting Ram in its own way
While delivering its judgment, the SC
should keep in mind that none among the
devotees of Sabarimala have come to court
demanding changed rules.
Be Happy, Share & Help Each Other!!!
Not bounty(इनाम) but property(संपत्ति) Updating the Payment of Gratuity(उपहार) Act
Justice P.B. Gajendragadkar of the Supreme Court once aptly described the obligation of employer.
Thus, Payment of Gratuity Act, 1972
Gratuity law provides social security to workmen after retirement, no matter whether this
retirement was a result of the rules of superannuation, or physical disablement, or impairment
of a vital part of the body.
Justice V.R. Krishna Iyer, held that “gratuity for a worker is no longer a gift but a right”.
Upgradation was in September when the Union Cabinet gave its approval for the introduction of the
Payment of Gratuity (Amendment) Bill of 2017 in Parliament.
Bill doubles the ceiling of tax-free gratuity to ₹20 lakh
2017 amendment proposes to increase- ₹10 lakh on the gratuity amount was introduced in a
2010 amendment.
Before that- maximum amount of gratuity was ₹3.5 lakh
Seventh Central Pay Commission, ceiling was doubled to ₹20 lakh with effect from January 1, 2016.
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News Analysis…Page-1-
Air quality nosedives in spite of a quieter Deepavali
Smog and pollution touch toxic highs as weather system prevents dispersal of particulate matter in
several cities
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Two bird varieties sighted
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Page-1-
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Online purchases bring business to India Post
With consumers making more online purchases during the festival season, Postal Department saw a
jump in the e-commerce packets it handled in the western region this year.
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Page-2-
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New species of large gecko
discovered
8-inch lizard found in Eastern Ghats
The Kanger valley rock gecko
Hemidactylus kangerensis is
the newest addition to India‟s lizard
species.
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Page-5-
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Land for Taj Mahal was forcibly
acquired: Swamy
BJP leader claims he has proof to show
Shah Jahan took it from the Jaipur kings
Bharatiya Janata Party leader
Subramanian Swamy on Wednesday
said he has access to documents that
suggest the property where Taj
Mahal was built was acquired by
Mughal emperor Shah Jahan from the
kings of Jaipur
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Page-10-
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‘India, Pakistan are both important to U.S. policy’
Tillerson says both are part of its approach on South
Asia
India and the U.S. are “two bookends of stability — on
either side of the globe” and the “emerging Delhi-
Washington strategic partnership” has the potential to
anchor the rules-based world order for the next
hundred years, Secretary of State Rex Tillerson has said.
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MPC minutes spotlight risks to
inflation; signal RBI may stay on ‘hold’
Monetary panel to meet in December
A majority of the members of the Reserve
Bank of India‟s (RBI) monetary policy
committee, which met on October 3-4,
flagged an increase in inflation risks, according
to the minutes of the meeting released by the
RBI on Wednesday.
The central bank held its key policy interest
rate at 6%.
The MPC had voted 5-1 to leave the repo
rate unchanged at 6%,
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Page-12-
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Last Day- Q’s- Ans… Article- 20 & 21- Can't be suspended in any circumstances- Emergency Time 1975.
Rajya Sabha- Upper House of our country is chaired by Ex- Officio Vice President.
Chairperson of Rajya Sabha-Vice President
Darjeeling Himalyan Railway (DHR)- Toy Train- UNESCO world heritage site on- 1999.
It was the 1st Mountain Railway of India, which included in UNESCO world heritage site.
International Organisation for Migration (IOM)
It provides services & advice concerning migration to Government & migrants.
Establishment- 1951- HQ- Geneva, Switzerland
Ministry of AYUSH (India) created on 9th of November, 2014.
Previously- It came under- Ministry of Health & Family Welfare.
11th Fundamental Duty was added- 86th Constitution Amendment Act, 2002.
Every Citizen of India- who is a parent or guardian, to provide opportunities for education to his/her child or, as the case
may be, ward between age of 6 & 14 years.
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