8 August 2024 : Daily Current Affairs
1. Lok Sabha passes Finance Bill, amends provision on LTCG tax (Source – The Hindu, International Edition – Page No. – 4) Topic: GS2 – Indian Polity Context The Finance Bill, 2024 was passed by the Lok Sabha, incorporating an amendment on long-term capital gains (LTCG) tax, allowing taxpayers to choose between a new lower…
8 August 2024 : Daily Answer Writing
Q1) The multiheaded hydra of inequity is reinforced by the skewed concentration of wealth. How far can Universal Basic Income (UBI) check the growth of economic inequity? Substantiate your answer. (150 Words/10 marks)
8 August 2024 : PIB Summary For UPSC
 1. Coal Gasification (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2042653 ) Topic: GS2 –  Governance, GS3 – Science and Technology Context The government has introduced a ₹8500 crore scheme to provide viability gap funding (VGF) for Coal/Lignite Gasification Projects, supporting both public and private sectors. The scheme includes three categories, each with specific funding limits and project scopes. With…
8 August 2024 : The Hindu Editorial Analysis
1. A closer look at beefing up Jammu’s counter-terror grid (Source – The Hindu, International Edition – Page No. – 8) Topic: GS3 – Internal Security Context The Jammu region faces increased terrorist activity, exacerbated by troop redeployments to the LAC. To strengthen security, additional Army and Assam Rifles troops have been deployed. Effective counter-terrorism…
8 August 2024 : Indian Express Editorial Analysis
 1. Lesson from Wayanad (Source: Indian Express; Section: The Ideas Page; Page: 11) Topic: GS3– Disaster Management Context: On July 30, the peaceful hills of Meppadi in Kerala’s Wayanad district were abruptly disrupted by a series of devastating landslides. Within moments, entire villages, including Mundakkai, Chooralmala, Attamala, and Noolpuzha, were engulfed by massive debris. The…
CHAPTER 4 – EXTERNAL SECTOR: STABILITY AMID PLENTY
Foreign investments have slowed due to political uncertainties, higher interest rates in developed countries, and active industrial policies in these regions. Changing Global Trade Dynamics Shifting Trade Patterns Global Economic Challenges and Risks Future Projections India’s Trade: Resilience Amidst Global Turmoil Contribution to Economic Growth Global Market Share India’s Overall Trade: Resilience Amidst Global Turmoil…
7 August 2024 : Daily Answer Writing
Q1) BRICS can serve as a platform for shaping a post-Western global order, but the potential of the grouping is held back by internal contradictions. Examine. Â (250 Words/15 Marks)
7 August 2024 : Daily Current Affairs
1. Earthquake 2,500 years ago abruptly changed Ganga river’s course (Source – The Hindu, International Edition – Page No. – 7) Topic: GS1 – Geography Context A 2024 study revealed that an ancient Ganges river avulsion 2,500 years ago was triggered by a major earthquake. Sand dikes formed by liquefaction provided evidence, highlighting the devastating…