daily-news-prescription-21st-dec-2019

GS1: Developmental issues, urbanization, their problems and their remedies

 

Whither Amaravati?: On the capital city of Andhra Pradesh (TH)

https://www.thehindu.com/opinion/editorial/whither-amaravati-on-the-capital-city-of-andhra-pradesh/article30361974.ece

There was a time for the idea for three capitals in Andhra Pradesh, but it is long past

 

GS2: Governance

 

The virtual effacement of civil liberty (TH)

https://www.thehindu.com/opinion/lead/the-virtual-effacement-of-civil-liberty/article30362038.ece

The judiciary needs to determine whether the executive has provided a reasoned order when it directs an Internet ban

 

GS2: Social issues

 

EChO Network launched to catalyze cross-disciplinary leadership in India; will train educators and students in interdisciplinary manner (PIB)

https://pib.gov.in/PressReleseDetailm.aspx?PRID=1597013

EChO Network, a national program to provide a template for cross-disciplinary leadership in India with the specific focus of increasing research, knowledge, and awareness of Indian ecology and the environment was launched yesterday in New Delhi by Prof. K VijayRaghavan, Principal Scientific Adviser to the Government of India.

 

GS3: Indian Economy

 

ADB, India Sign $ 490 Million Loan for PPP to Upgrade Madhya Pradesh Roads (PIB)

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1597022

The Asian Development Bank (ADB) and the Government of India today signed a $490 million loan for public-private partnership (PPP) project to upgrade about 1,600 km of state highways and major district roads (MDRs) from single-lane to two-lane widths in the state of Madhya Pradesh. An additional $286 million investment will be mobilised through private sector participation under the PPP modality.

 

A solution: Two bad banks for the Four Balance Sheet problem (IE)

https://indianexpress.com/article/opinion/columns/indian-economy-gdp-slowdown-modi-government-6175652/

In a recent paper, we argued that the Great Slowdown stems from a balance sheet crisis that arrived in two waves. The first wave — the Twin Balance Sheet crisis, encompassing banks and infrastructure companies

 

A fraying pact (IE)

https://indianexpress.com/article/opinion/editorials/gst-council-lotteries-taxation-kerala-6177500/

GST council votes for first time, departing from its consensual decision making model so far. Centre must heed warning

 

Bond yields see steepest fall in two months on Reserve Bank’s Operation Twist (Mint)

https://www.livemint.com/market/stock-market-news/bond-yields-fall-13-bps-as-rbi-announces-operation-twist-11576816227982.html

The yield on the 10-year government bond fell 15 basis points on Friday, its steepest fall in two months, after the Reserve Bank of India (RBI) conducted a special open market operation—simultaneously buying long-tenor bonds and selling short-tenor government bonds—dubbed ‘Operation Twist’ by the market.

 

GS2: International Relations

 

Afghanistan first country to recognize Indian Pharmacopoeia (PIB)

https://www.pib.nic.in/PressReleseDetailm.aspx?PRID=1597016

The Indian Pharmacopoeia (IP) has been recognised formally by the National Department of Regulation of Medicines and Health Products of the Ministry of Public Health of Islamic Republic of Afghanistan. It will also be used based on the requirement as reputable pharmacopoeia in the laboratory of medicines and health products quality.


 

GS2: Statutory, Regulatory and various Quasi-judicial Bodies.

 

Front of Packet Labelling to be delinked from general labelling regulation: FSSAI (DTE)

https://www.downtoearth.org.in/news/food/front-of-packet-labelling-to-be-delinked-from-general-labelling-regulation-fssai-68483

Front of Packet Labelling (FoPL) will soon be delinked from the general labelling regulation, reported FnBnews.com, citing Pawan Kumar Agarwal, chief executive of Food Safety Standards Association of India (FSSAI), on December 18, 2019.

 

GS3: Environment

 

Cut inequality to fight climate crisis (DTE)

https://www.downtoearth.org.in/news/world/cut-inequality-to-fight-climate-crisis-68496

Economic inequality raises carbon emissions, with the rich contributing most: Human Development Index