GS2: Govt. Schemes
- “Hunar Haat” to restart from September 2020 with the theme of “Local to Global” (PIB) “Hunar Haat” has provided employment and employment opportunities to more than 5 lakh Indian artisans, craftsmen, culinary experts and other people associated with them in the last 5 years.
- Van Dhan for Jaan and Jahaan: The Story of Shahapur’s Katkari Tribe(PIB) This has been proved yet again, by “Adivasi Ekatmik Samajik Sanstha” of Shahapur in Thane, which markets Giloy and other products. Giloy is a medicinal plant with huge demand from pharmaceutical companies.
GS2: Bilateral Relations
- Why are India and Nepal fighting over kalapani (TH) What is the strategic importance of the region? Why do both sides stake claim to the area?
- What explains the India-China border flare ups (TH); Unquiet front(IE) The LAC has never been demarcated. Differing perceptions are particularly acute in around two dozen spots across the Western (Ladakh), Middle (Himachal Pradesh and Uttarakhand), Sikkim, and Eastern (Arunachal Pradesh) sectors of the India-China border. The boundary in the Sikkim sector is broadly agreed, but has not been delineated.
GS2: International Relations
- China suggests shift in BRI approach amid debt concerns (TH) In recent weeks, China has faced calls from countries in Asia and Africa to delay or waive debt repayments.
- Explained: How a dam on River Nile may trigger water wars in East Africa (IE) For the past four years, triparty talks between Egypt, Ethiopia and Sudan have been unable to reach agreements.
- Explained: How China is seeking more control on Hong Kong(IE) It is governed by a mini-constitution called the Basic Law — which affirms the principle of “one country, two systems”.
- A 1991 movement for agriculture(IE) Proposed reforms in agri-marketing laws address longstanding needs of farmers. They could build efficient supply chains, ensure better products for consumers.
- Hardly the 1991 moment for agriculture(TH) The three reforms regarding agricultural marketing were the reforms in the Agricultural Produce Marketing Committee (APMC) Act, the Essential Commodities Act, and on contract farming. All of these have been in discussion for almost two decades, with the APMC Act having already seen substantial reforms in many States.
- Cash transfer for farmers The legal framework of the MGNREGA scheme does allow this on farms owned by people of SC/ST communities, and on the lands of marginal farmers.
- RBI announces nine additional measures for strengthening the Economy(PIB) The Governor has announced a reduction in major policy rates, in order to revive growth and mitigate the impact of COVID-19, while ensuring that inflation remains within the target. The repo rate has been reduced by 40 basis points from 4.4% to 4.0%. The Marginal Standing Facility rate and the Bank rate have been reduced from 4.65% to 4.25%. The reverse repo rate has been reduced from 3.75% to 3.35%.
- Explained: Impact of RBI’s decisions to slash repo rate, extend loan moratorium on corporates, consumers(IE) Further, the 40 bps cut in reverse repo rate — the interest rate that the RBI offers to banks for funds parked with the central bank — will prompt banks to make available funds for the productive sectors of the economy.
- RBI cuts repo rate again, down to 4%(TH) Inflation target has also been held back by the central bank.
- On World Turtle Day, Jal Shakti Minister gives clarion call to save aquatic animals(PIB) The National Mission for Clean Ganga (NMCG), along with the Wildlife Institute of India (WII), its project partner in the ‘Biodiversity Conservation Initiative Phase II’, celebrated World Turtle Day today, through a Webinar which was widely attended.