current-affairs-based-mains-drill-5-september-2020

 

Q.1) Revised priority sector lending (PSL) guidelines would enable bring a sharper focus on inclusive development. Comment (250 words)

Why this question?

The Reserve Bank of India (RBI) recently released revised priority sector lending guidelines to augment funding to segments including start-ups and agriculture.

Intro:

Mention PSL in brief

Body:

  • Mention revised PSL guidelines
    • Fresh categories eligible for finance under the priority sector
    • More credit flow to districts with lower PSL
    • Increment in the targets prescribed for small and marginal farmers, and weaker sections
    • Doubling the loan limits for renewable energy
    • Doubling the credit limit for improvement of health infrastructure
  • Mention how these changes will lead to inclusive development
  • Suggestions to improvise

Conclusion:

Mention the need for better implementation of new guidelines is necessary.

 

Q.2) In the light of recently proposed Project Dolphin analyze India’s preparedness to protect the species so far. (150 words)

Why this question?

In his Independence Day Speech this year, Indian PM announced the government’s plan to launch a Project Dolphin. 

Intro:

In brief about the announcement of the project

Body:

  • Background of the project
    •  The first meeting of the National Ganga Council (NGC),
  • Details of the project
    • It will be on the lines of Project Tiger, which has helped increase the tiger population.
    • The Project is aimed at saving both river and marine dolphins. 
    • Project Dolphin is expected to be implemented by the Ministry of Environment, Forest and Climate Change.
  • Efforts to save Gangetic dolphins so far
    • Wildlife act protection, Schedule I
    • The Conservation Action Plan for the Ganges River Dolphin 2010-2020.
    • National aquatic animal: 

Conclusion:

As the Gangetic dolphin is at the top of the food chain, protecting the species and its habitat will ensure the conservation of aquatic lives of the river.

 

Q.3) The Centre’s total spending rose by 11.3 per cent in the April-July period which  is grossly insufficient to compensate for the economic loss during this period. Comment (250 words)

Why this question?

  • India's real GDP fell to 26.9 lakh crore in constant terms, 23.9% lower than a year ago, showed data released by the Ministry of Statistics and Programme Implementation. Thus the question.

Introduction: A brief data about the fall in GDP. Also mention the significance of GDP.

Body:

  • Implications of GDP contraction
  • Slowdown effects on components of GDP
  • Limitations on government expenditure: discuss concerns like poor GST collections, low capital expenditure etc

Suggest a way forward: Increasing capital expenditure 

Conclusion: Summarize the above discussed points