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6 August 2024 : PIB Summary For UPSC

Bysonal yadav

1. National Coastal Scheme (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2041455 ) Topic: GS2 – Governance – Government policies Context The National Coastal Mission Scheme (NCM) addresses coastal ecosystem challenges by funding conservation and research efforts. It supports state and UT administrations in implementing beach management, pollution control, and capacity-building programs. This initiative complements broader environmental projects, including the…

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6 August 2024 : Daily Current Affairs

Bysonal yadav

1. On doorstep delivery of alcohol (Source – The Hindu, International Edition – Page No. – 10) Topic: GS1 – Indian Society Context The article examines India’s rising alcohol consumption and the potential impact of doorstep delivery on public health and safety. It discusses arguments for and against such a policy, highlighting revenue generation, potential…

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6 August 2024 : Indian Express Editorial Analysis

By99notes

 1. Partners in food security (Source: Indian Express; Section: The Ideas Page; Page: 11) Topic: GS3– Indian Economy Context: The article discusses India hosting the 32nd International Conference of Agricultural Economists (ICAE) in Delhi, highlighting the historical roots of ICAE in India and its evolution. It emphasizes the importance of the conference in addressing global…

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6 August 2024 : The Hindu Editorial Analysis

By99notes

1. The social benefits of stock market speculation (Source – The Hindu, International Edition – Page No. – 8) Topic: GS2 – Governance, GS3 – Indian Economy Context The Indian government’s recent Budget increased taxes on capital gains and securities transactions, equating stock market speculation to gambling. While intended to reduce inequality, critics argue this…

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5 August 2024 : Indian Express Editorial Analysis

By99notes

 1. Intention VS implementation (Source – The Hindu, Idea Page- Page No. – 11) Topic: GS2- Polity Context The articles analyze a recent supreme court verdict in India that permit state government to sub classify scheduled caste and scheduled tribe for reservation purposes, potentially altering the existing reservation framework. Analysis of the news: Supreme court’s…

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CHAPTER 3 – PRICES AND INFLATION: UNDER CONTROL

By99notes

Low and stable inflation is crucial for sustaining economic growth. Governments and Central Banks aim to maintain moderate inflation while ensuring financial stability. The Reserve Bank of India (RBI) and the Central Government are committed to price stability. India maintained retail inflation at 5.4% in FY24, the lowest since the Covid-19 pandemic. Inflation trajectory Global…

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CHAPTER 2 – MONETARY MANAGEMENT AND FINANCIAL INTERMEDIATION: STABILITY IS THE WATCHWORD

By99notes

Objectives of Monetary Policy The primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth. Various instruments of monetary policy, viz. cash reserve ratio (CRR) and statutory liquidity ratio (SLR) of banks, open market operations of the Central Bank, and imposition of credit ceilings, etc., are used…

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5 August 2024 : PIB Summary For UPSC

By99notes

1. Tourism has the potential to contribute to India’s achievement of being the third-largest Economy: Shri Gajendra Singh Shekhawat (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2041133 ) Topic: GS3 – Indian Economy Context The 7th India International Hospitality Expo (IHE 2024) was inaugurated by Union Minister Gajendra Singh Shekhawat, highlighting its role in promoting India’s hospitality industry globally. He…

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5 August 2024 : Daily Current Affairs

By99notes

1. Tourism has the potential to contribute to India’s achievement of being the third-largest Economy: Shri Gajendra Singh Shekhawat (Source – https://pib.gov.in/PressReleseDetail.aspx?PRID=2041133 ) Topic: GS3 – Indian Economy Context The 7th India International Hospitality Expo (IHE 2024) was inaugurated by Union Minister Gajendra Singh Shekhawat, highlighting its role in promoting India’s hospitality industry globally. He…