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INSIGHTS Simplifying UPSC IAS Preparation
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EVENTS 14
Insights DailyCurrent Events, 02January 2015BY INSIGHTS · JANUARY 2, 2015
Insights Daily Current Events, 02January 2015
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NITI Aayog
The Government has replaced PlanningCommission with a new institutionnamed NITI Aayog (National Institutionfor Transforming India). The institutionwill serve as ‘Think Tank’ of theGovernmenta directional and policydynamo.
This comes after extensive consultationacross the spectrum of stakeholders,including state governments, domainexperts and relevant institutions.
Its role:
The centretostate oneway flow ofpolicy, that was the hallmark of thePlanning Commission era, is nowsought to be replaced by a genuineand continuing partnership ofstates.
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NITI Aayog will seek to provide acritical directional and strategicinput into the development process.NITI Aayog will emerge as a “thinktank” that will provideGovernments at the central andstate levels with relevant strategicand technical advice across thespectrum of key elements of policy.The NITI Aayog will also seek to putan end to slow and tardyimplementation of policy, byfostering better InterMinistrycoordination and better CentreState coordination. It will helpevolve a shared vision of nationaldevelopment priorities, and fostercooperative federalism,recognizing that strong states makea strong nation.The NITI Aayog will developmechanisms to formulate credibleplans to the village level andaggregate these progressively at
6)Geography of India Majid
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7) Ethics In Governance
8)India After Gandhi: The
History Of The World's Largest
Democracy
9) Mastering Modern World
History 5th Edition, Norman
Lowe
10) Select Constitutions: 16th
Edition S Chand
11) Challenge And Strategy :
Rethinking India's Foreign
Policy Rajiv Sikri
12) India's Foreign Policy
Muchkund Dubey
13) History of the World from
the Late Nineteenth to the Early
Twenty First Century Arjun
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14) Social Problems in India 2
Edition Ram Ahuja
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higher levels of government. It willensure special attention to thesections of society that may be atrisk of not benefitting adequatelyfrom economic progress.The NITI Aayog will create aknowledge, innovation andentrepreneurial support systemthrough a collaborative communityof national and internationalexperts, practitioners and partners.It will offer a platform for resolutionof intersectoral and interdepartmental issues in order toaccelerate the implementation of thedevelopment agenda.In addition, the NITI Aayog willmonitor and evaluate theimplementation of programmes,and focus on technologyupgradation and capacity building.
NITI Aayog will aim to accomplish thefollowing objectives and opportunities:
15) Politics and Ethics of the
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RECENT COMMENTS
ARJUN V KARTHA on 2)
India recently launched National
Air Quality Index to provide real
time data on air quality in some
of India’s bigger cities. Write a
critical note on this policy
initiative and examine if
anything more needs to be done
to tackle air pollution in Indian
April 20158 APR, 2015
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RECENT SECURE – 2015 POSTS
[Insights Secure – 2015] UPSC MainsQuestions on Current Events: 11 April201511 APR, 2015
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[Insights Secure – 2015] UPSC MainsQuestions on Current Events: 09April 20159 APR, 2015
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An administration paradigm inwhich the Government is an“enabler” rather than a “provider offirst and last resort.”Progress from “food security” tofocus on a mix of agriculturalproduction, as well as actual returnsthat farmers get from their produce.Ensure that India is an active playerin the debates and deliberations onthe global commons.Ensure that the economicallyvibrant middleclass remainsengaged, and its potential is fullyrealized.Leverage India`s pool ofentrepreneurial, scientific andintellectual human capital.Incorporate the significant geoeconomic and geopolitical strengthof the NonResident IndianCommunity.Use urbanization as an opportunityto create a wholesome and secure
cities.
Roshan Tiwari on 4) “The
problem in establishing strategic
presence in the Indian Ocean
region is that India’s ambitions
seem to be running ahead of its
capacity.” In the light of slew of
projects announced by India in
the Indian Ocean region,
comment on the statement.
sonam on Insights Daily
Current Events, 11 April 2015
Ak on 9) Should happiness be
the ultimate goal in one’s life?
Where do you find happiness in
your daily life? In your opinion,
what constitutes real happiness
for you? Explain.
Ak on 9) Should happiness be
the ultimate goal in one’s life?
Where do you find happiness in
your daily life? In your opinion,
what constitutes real happiness
for you? Explain.
[Insights Secure – 2015] UPSC MainsQuestions from Static Portion: 08April 20158 APR, 2015
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RAJYASABHA TV NEWS DEBATES
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habitat through the use of moderntechnology.Use technology to reduce opacityand potential for misadventures ingovernance.
The NITI Aayog will comprise thefollowing:
Prime Minister of India as theChairpersonGoverning Council comprising theChief Ministers of all the States andLt. Governors of Union TerritoriesRegional Councils will be formed toaddress specific issues andcontingencies impacting more thanone state or a region. These will beformed for a specified tenure. TheRegional Councils will be convenedby the Prime Minister and willcomprise of the Chief Ministers ofStates and Lt. Governors of UnionTerritories in the region. These will
Panthera on Insights Daily
Current Events, 11 April 2015
nitish on Insights Daily
Current Events, 11 April 2015
nitish on Insights Daily
Current Events, 11 April 2015
ThirdEye on 2) Recently, the
United Nations Educational,
Scientific and Cultural
Organisation (UNESCO)
published the “Education for All”
Global Monitoring Report to
evaluate the progress of
countries on these goals.
Critically comment on its
findings on India’s performance.
geetanjali on 1) Little
understood western disturbances
have been blamed for most of the
freak weather events in India in
the past decade. What do you
understand by these ‘Western
Disturbances’? How do they
The Big Picture – Signals fromEconomic Survey31 MAR, 2015
The Big Picture – Journalists WageBoard: When will see light?31 MAR, 2015
The Big Picture – Budget Session:Hits and misses23 MAR, 2015
The Big Picture – Farmers back infocus: Why has the discoursechanged?20 MAR, 2015
The Big Picture – Black Money Bill:Will it be effective?20 MAR, 2015
INSIGHTS SECURE – HINDI
[HINDI MEDIUM] Insights Secure –2015: Questions on Current Events,25 March 2015
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be chaired by the Chairperson of theNITI Aayog or his nominee.Experts, specialists andpractitioners with relevant domainknowledge as special inviteesnominated by the Prime MinisterThe fulltime organizationalframework will comprise of, inaddition to the Prime Minister asthe Chairperson:ViceChairperson: To be appointedby the Prime MinisterMembers: FulltimeParttime members: Maximum of 2from leading universities researchorganizations and other relevantinstitutions in an exofficio capacity.Part time members will be on arotational basis.Ex Officio members: Maximum of 4members of the Union Council ofMinisters to be nominated by thePrime Minister.Chief Executive Officer : To be
originate and what effect they
have on India’s economy?
Discuss.
mounica on FEEDBACK
surendra kumar Agraharapu
on Insights Secure – 2015:
Question from Static Portion, 9 &
10 April 2015
ashu on Insights Secure –
2015: Hindi Medium
gajender on 9) Should
happiness be the ultimate goal in
one’s life? Where do you find
happiness in your daily life? In
your opinion, what constitutes
real happiness for you? Explain.
Abhishek sharma on 4) How
has recent election outcome in
Israel altered the possibility of
granting independent statehood
to Palestine? Also examine if
there is any change in India’s
policy towards Palestine in
[HINDI MEDIUM] Insights Secure –2015: Questions on Current Events,20 March 2015
[HINDI MEDIUM] Insights Secure –2015: Questions on Current Events,18 March 2015
[HINDI MEDIUM] Insights Secure –2015: Questions on Current Events,19 March 2015
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appointed by the Prime Minister fora fixed tenure, in the rank ofSecretary to the Government ofIndia.Secretariat as deemed necessary.
Sources: The Hindu, PIB.
Openbilled storks flock toRaiganj
As per records available the RaiganjWildlife Sanctuary in West Bengal’sUttar Dinajpur district, which attracteda record 68,000 birds in 2014, has themost Asian openbilled storks in thecountry.
The wildlife sanctuary at Raiganj isthe only place in the country whereone can find openbilled stork birdsin such a high concentration.Raiganj sanctuary is one of the 466IBA (important birds andbiodiversity sites) recognised by
recent months.
Sujata on 8) A new study has
found that the dispersant used
as a remedial measure to clean
the ocean basin after the 2010
Deepwater Horizon oil spill in
the Gulf of Mexico is more toxic
to corals than the spilled oil.
Examine why and what are its
adverse effects?
Sujata on 8) A new study has
found that the dispersant used
as a remedial measure to clean
the ocean basin after the 2010
Deepwater Horizon oil spill in
the Gulf of Mexico is more toxic
to corals than the spilled oil.
Examine why and what are its
adverse effects?
Sujata on 8) A new study has
found that the dispersant used
as a remedial measure to clean
the ocean basin after the 2010
Deepwater Horizon oil spill in
the Gulf of Mexico is more toxic
Lok Sabha TV Insights: Obama inIndia: Symbolism and Substance27 JAN, 2015
LokSabha TV Insights: Air Pollutionin Delhi20 JAN, 2015
REFERENCE BOOKS LIST
PIB FEATURES
Dr. Babasaheb Bhim Rao Ambedkar:AUGUST 4, 2015
Swami Amarnath Ji Yatra – A Testimony of
FaithJULY 4, 2015
A leap towards hasslefree proceduresJULY 4, 2015
Organ Donation and Transplantation
Provides Second LifeJULY 4, 2015
Right to Legal Aid; A Constitutional
4/12/2015 Insights Daily Current Events, 02 January 2015 | INSIGHTS
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Birdlife International.
Details:
Asian openbill stork is found mainlyin the Indian subcontinent andSoutheast Asia.Although resident within theirrange, they make long distancemovements in response to weatherand food availability.The usual foraging habitats areinland wetlands and are only rarelyseen along river banks and tidalflats. Birds may move widely inresponse to habitat conditions.They are classified as ‘Leastconcerned’ under IUCN list.
Sources: The Hindu, Wiki.
Forest Rights Act not delayingprojects: official
to corals than the spilled oil.
Examine why and what are its
adverse effects?
Danish Mohammad on 9)
Should happiness be the
ultimate goal in one’s life? Where
do you find happiness in your
daily life? In your opinion, what
constitutes real happiness for
you? Explain.
Mayuresh Pawar on [Insights
Secure – 2015] UPSC Mains
Questions on Current Events: 11
April 2015
CommitmentJULY 4, 2015
Long Term Strategy to Increase Production
and Productivity in Agriculture SectorJULY 4, 2015
“Knowledge Based Information” To Farmers:
Technology Based Initiatives in Agriculture
SectorJULY 4, 2015
Monitoring one of the largest full
immunization programmes of the worldJUNE 4, 2015
Pradhan Mantri Kaushal Vikas Yojana A
New Direction Towards Empowerment of
YouthJANUARY 4, 2015
Coal Auction Proceeds Cross Rs 1.93 Lakh
Crore; Shining Example of Policy Driven
Governance for Developing Graft Free &
Transparent System
4/12/2015 Insights Daily Current Events, 02 January 2015 | INSIGHTS
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The Union Ministry of Tribal Affairssays that there is no evidence that theprocess under the Forest Rights Act(FRA) delays projects, even as there ispressure from the Ministry ofEnvironment to dilute the law and doaway with the condition that gramsabhas should give consent for projects.
FRA does not provide any scope toany executive agency for any kind ofrelaxation of the applicability of theAct. The responsibility is neithervested in the Environment Ministrynor in the Tribal Affairs Ministry.Tribal Affairs Ministry says that animpression is being created that theadministration/implementation ofthe FRA is hindering or delayingclearance of the developmentalprojects.
Forest Rights Act:
The legislation was passed on 18
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December 2006.It has also been called the ScheduledTribes and Other Traditional ForestDwellers (Recognition of ForestRights) Act, 2006,, the Tribal RightsAct, the Tribal Bill, and the TribalLand Act.The law concerns the rights offorestdwelling communities toland and other resources, denied tothem over decades as a result of thecontinuance of colonial forest lawsin India.
Rights under the Act:
Title rights – i.e. ownership to landthat is being farmed by tribals orforest dwellers subject to amaximum of 4 hectares; ownershipis only for land that is actually beingcultivated by the concerned family,meaning that no new lands aregranted.
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Use rights – to minor forest produce(also including ownership), tograzing areas, to pastoralist routes,etc.Relief and development rights – torehabilitation in case of illegaleviction or forced displacement; andto basic amenities, subject torestrictions for forest protection.Forest management rights – toprotect forests and wildlife
The Act grants legal recognition to therights of traditional forest dwellingcommunities, partially correcting theinjustice caused by the forest laws.
Eligibility to get rights under the Act isconfined to those who “primarily residein forests” and who depend on forestsand forest land for a livelihood. Further,either the claimant must be a memberof the Scheduled Tribes scheduled inthat area or must have been residing in
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the forest for 75 years.
Process of recognition of rights:
The Act provides that the gram sabha,or village assembly, will initially pass aresolution recommending whose rightsto which resources should berecognised. This resolution is thenscreened and approved at the level ofthe subdivision (or taluka) andsubsequently at the district level. Thescreening committees consist of threegovernment officials (Forest, Revenueand Tribal Welfare departments) andthree elected members of the local bodyat that level. These committees alsohear appeals.
Sources: The Hindu, Wiki, fra.gov.in.
RBI relaxes ECB norms
The Reserve Bank of India hasintroduced changes in external
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commercial borrowings (ECB) normsunder which authorised moneychanging banks have been allowed tocreate a charge on securities.
Present situation:At present, the choice of security to beprovided to the overseas lender or thesupplier for securing ECB is left to theborrower.
Why this decision:
It was taken with a view to liberalising,expanding the options of securities andconsolidating various provisions relatedto creation of charge over securities forECB at one place.
Details:
It has been decided that AuthorisedDealer CategoryI banks may allowcreation of charge on immovableassets, movable assets, financial
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securities and issue of corporateand/or personal guarantees infavour of overseas lender/securitytrustee, to secure the ECB to beraised/raised by the borrower.However, the new rules are subjectto certain conditions.The underlying ECB must be incompliance with extant ECBguidelines, there should be asecurity clause in the loanagreement, requiring the ECBborrower to create charge, and a noobjection certificate will have to beobtained from an existing domesticlender.Additionally, Authorised DealerCategoryI bank may permitcreation of charge on immovableassets, movable assets, financialsecurities and issue of corporateand/or personal guarantees.
Authorised Category banks are
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Authorised Money Changers (AMCs)which are entities, authorised by theReserve Bank under the ForeignExchange Management Act, 1999. AnAMC is a Full Fledged Money Changer(FFMC) authorised by the ReserveBank to deal in foreign exchange forspecified purposes.
Sources: The Hindu, RBI.
Plant Protection Code rolls out tomake tea a safer beverage
Plant Protection Code (PPC), a set ofguidelines for regulating the chemicalinputs in tea cultivation, was rolled outrecently.
The aim is to make Indian tea a safeand healthy drink.
PPC:
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The PPC is a comprehensivedocument, which deals with safeusage of crop protection productsand methodologies that would befollowed to reduce pesticideresidues in tea.The code encourages tea growers tocritically review their plantprotection formulations (PPF),which are a list of chemicals that areused in tea.The code is based on the CodexAlimentarius, which is a set ofinternational food standards andguidelines.
Plant protection formulations (PPF):
The PPF, evolved by Tea Board, hasdetailed the chemicals that can beused in tea plantations making someexceptions for South India. It saidthat chemical use should berestricted not only in tea estates, but
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also near water bodies, wildlifehabitats and human dwelling tocheck contamination.PPF covers insecticides, fungicides,herbicides and bio pesticides. TeaBoard noted that in spite of usingPPFs, the tea industry loses nearly30 per cent of its crop due to pests,weeds and diseases. The tearesearch institutes, which wereengaged in the PPF exercise, haveensured that their recommendationscomply with food safety standardsas stipulated by the Food Safety &Standards Authority of India.
Sources: The Hindu.
Deteriorating asset quality willput pressure on bank finances
The Associated Chambers of Commerceand Industry of India (Asscoham) in areport ‘Non performing assets: currentand expected scenario’ has said that the
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banking sector is faced withdowngrading of rating as deterioratingasset quality would put further pressureon its finances, make internationaloperations and funding much moredifficult during 2015.
The report also says that:
The banking sector would attractadditional provisioning, whichwould further put pressure on theprofits of banks, which are alreadyunder tremendous stress. Thiswould reduce the effective internalsource of increasing capital which iseven under a lot of pressure onaccount of the impending BaselIIIguidelines and the capital adequacyratio is adversely affected.The gross nonperforming assets(NPAs) of banks are expected to be4.4 to 4.7 per cent for public sectorbanks by March, 2015, (as against
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4.4 per cent as on March, 2014) and44.2 per cent for the whole bankingsector (as against 3.9 per cent forMarch, 2014).Standard assets incrementalrestructuring would continue in201415 and not much headway isexpected in sale of assets to assertreconstruction companies after theguidelines have been changed.
For reducing NPAs, Assocham hassuggested a fourpronged strategy forearly recognition of stress and remedialaction thereafter. The measures arecategorised under ‘preventive andcorrective Management.
Sources: The Hindu.
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Tags: insights current events
insights daily current affairs
nitingood initiative insights. can you also coverbusiness today?RahulWith NITI aayog, is there any change inFinance commission role ? Or its role willremains same as now ?Vivek Kumar Singhthere is no elaborate know how that how andwhat its functions would be. Also it is yet tounfold the critical functions that would beperformed by NITI. We need to hold tightwith wait and watch policy.RahulThanks Vivek.VibhuHi Insights,Thanks as always. I have few questions , ifyou can please take out time to answer them.What are the functions of Planningcommission? What were the problems withcurrent planning commission?How NITI
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Ayog will address these issues?OldtonFirst go through laxmikant polity forplanning commission..then go thru thesehttp://www.thehindu.com/opinion/lead/leadarticleanodetotheplanningcommission/article6350850.ecehttp://m.thehindubusinessline.com/opinion/timetoaxetheplanningcommission/article6254738.ece/http://indianexpress.com/article/opinion/columns/theplanningcommissioninpractice/These may help u..thank uVibhuThanks a lot Friend.OldyonWelcomeVibhuThanks a lot Man.Vikashttp://iastutorials.com/2015/01/planningcommissiontonitiaayog/balluInsights … Sir can u plss tell about thechanges in land law. Its pro n conssachinRead newspaper and search googlesaurav
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sir why is there no Qs postedbillcan anyone plz make me understand thechange in norms for ecb’s by RBI
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