Note4Students
From UPSC perspective, the following things are important :
Prelims level: Veer Bal Divas
Mains level: Not Much
Introduction
- The Prime Minister paid homage to the courage and sacrifice of the Sahibzade, the sons of Guru Gobind Singh, the tenth Sikh Guru.
- This day, announced on January 9, 2022, commemorates the martyrdom of Sahibzada Zorawar Singh and Sahibzada Fateh Singh.
Veer Bal Divas: A Day of Remembrance
- Inception: Veer Bal Divas was established to honor the young Sahibzade who were martyred at the ages of 6 and 9.
- Guru Gobind Singh’s Legacy: Guru Gobind Singh, as the tenth Guru of Sikhs and founder of the Khalsa, holds a significant place in Sikh history.
The Legend of the Sahibzades
- Meaning of Sahibzada: In Punjabi, “Sahibzada” means “son,” referring to the four sons of Guru Gobind Singh.
- Sacrificial Week: The week from December 21 to 27 is observed in memory of the Sahibzades’ sacrifices for Sikhism and Hinduism.
- Martyrdom for Faith: The Sahibzades, Ajit Singh, Jujhar Singh, Zorawar Singh, and Fateh Singh, were martyred defending their faith against forced conversion.
Backstory of Their Martyrdom
- Khalsa Panth and Anandpur Sahib: After establishing the Khalsa Panth, Guru Gobind Singh left Anandpur Sahib with his family in December 1704 amidst Aurangzeb’s invasion.
- Capture and Martyrdom: The younger Sahibzades were captured by Subedar Wazir Khan of Sirhind and faced pressure for religious conversion, leading to their tragic martyrdom.
- Elder Sahibzades’ Sacrifice: The elder Sahibzades, Ajit Singh and Jujhar Singh, were martyred in the battle of Chamkaur in 1705.
Implications and Historical Impact
- Guru Gobind Singh’s Response: Upon learning of their martyrdom, Guru Gobind Singh wrote the ‘Zafarnama’ to Aurangzeb, declaring the Khalsa’s readiness to challenge his empire.
- Baba Banda Singh Bahadur’s Revenge: He avenged the Sahibzades’ martyrdom, punishing Wazir Khan and establishing Sikh dominance in the region.
- Emergence of the Sikh Empire: This sacrifice paved the way for the later establishment of a vast Sikh empire under Maharaja Ranjit Singh.
Significance in Indian History
- A Watershed Moment: The martyrdom of the Sahibzades is a pivotal event in Indian history, remembered with both respect and sorrow.
- Legacy in Sikh Tradition: The Sahibzades’ names are honored in the Sikh Ardas, symbolizing their enduring legacy in Sikh faith and history.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Konsachem Festival
Mains level: Read the attached story
Central Idea
- In Goa, August marks the formation of new rice grains, celebrated through the festival of Konsachem.
Konsachem Festival and Its Traditions
- Background: Konsachem, observed by Goan Hindus and Catholics, honors the new rice grains, known as konxeo in Konkani.
- Shared Rituals: The first harvested rice sheaves are taken for blessings – to deities by Hindus and to saints by Catholics.
- Catholic Celebrations: For Goan Catholics, the festival peaks on August 24, the Feast Day of St. Bartholomew, one of Jesus Christ’s 12 Apostles.
- Observances: The celebration includes a procession, ritual cutting of grain, and a thanksgiving mass, with offerings made to St. Bartholomew.
Bartholomew’s Legacy and Christian Faith in India
- Missionary Journey: Bartholomew is believed to have landed in Kallianpur and preached along the Konkan coast, reaching as far as Karachi.
- Lesser-Known Apostles: While St. Thomas’s mission in Kerala and Tamil Nadu is well-documented, St. Bartholomew’s contributions in India are less known but significant.
- Martyrdom and Influence: He is revered for his martyrdom in Azerbaijan and his role in the Christianization of Armenia and Georgia.
- Pre-Portuguese Christian Origins: Research by scholars underscores Christianity’s roots in India dating back to the Apostles, reinforcing its integral place in Indian faith traditions.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Longitudinal Studies
Mains level: Read the attached story
Central Idea
- Historical Surveys: Starting in 1916-17, Gilbert Slater initiated a series of surveys in five Tamil Nadu villages, marking the beginning of a century-long study of rural India.
- Unique Village Studies: Palakurichi and Palanpur stand out as unique Indian villages extensively studied over a century and decades, respectively.
Methodology and Evolution of Village Studies
- Initial Approach: Slater’s students, natives of the surveyed villages, used questionnaires to understand the socioeconomic conditions of rural households.
- Subsequent Surveys: These villages were revisited for studies in subsequent years, including 1936-37, 1964, 1983, 2004, and 2019, providing a longitudinal perspective.
Significance of Longitudinal Studies
- Contrast with Cross-Sectional Surveys: Unlike the National Sample Survey Office’s cross-sectional surveys, village studies are longitudinal, focusing on in-depth analysis over time.
- Objective: The aim is to trace changes in the specific village over time, providing micro-level insights that complement macro-level data.
Key Findings from Recent Surveys
- Economic Shifts: The 2019 survey of Palakurichi revealed a decline in agriculture’s dominance, with only 43.3% of the workforce engaged in farming, down from 85% in 1983.
- Diversification of Workforce: Similar trends were observed in Palanpur, with a significant shift from agriculture to non-farm jobs over the decades.
Changing Social Dynamics
- Diminished Dominance of Traditional Landholders: In both Palakurichi and Palanpur, traditional upper caste landholders’ power has declined, with middle castes and Dalits gaining more land ownership.
- Economic and Social Mobility: These changes reflect broader social and economic mobility within these rural communities.
Policy Implications and Challenges
- Land Leasing Practices: As some communities move away from agriculture, land leasing becomes common, often based on oral agreements to avoid legal complications.
- Need for Policy Reforms: There’s a need for policies that balance the interests of landowners and tenant farmers, encouraging investment in land improvement.
- Sustaining Agricultural Productivity: With rural India becoming less dependent on agriculture, ensuring continued or improved farming practices on existing agricultural lands is crucial.
Conclusion
- Insights from Micro-Level Studies: Longitudinal village studies offer valuable insights into the patterns of change in rural India, informing policy and understanding of rural dynamics.
- Balancing Agricultural and Non-Agricultural Growth: These studies highlight the need for balanced development policies that support both agricultural sustainability and non-farm employment opportunities.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Field Pansy Flower
Mains level: NA
Central Idea
- Researchers have found that a flower species in Paris, the field pansy (Viola arvensis), is evolving rapidly, exhibiting reduced nectar production and smaller flower sizes.
- This study aims to understand the impact of these evolutionary changes on plant-pollinator interactions.
Changing Nature of Field Pansy
- Decreased Nectar and Size: The wild pansy variety in Paris showed a 20% reduction in nectar production and a 10% decrease in flower size.
- Comparative Analysis: Scientists compared current flower growth with seeds from 20-30 years ago, observing notable changes.
- Adaptation to Pollinator Decline: The evolution towards self-pollination in field pansies is attributed to the decreasing availability of insect pollinators.
- Experimental Design: The study employed the “resurrection ecology” method, planting seeds from the 1990s and 2000s alongside their 2021 descendants.
Implications of Self-Pollination and Evolutionary Shifts
- Contrast with Angiosperm Convention: The move towards self-pollination deviates from the typical reliance of angiosperms on insects for pollination.
- Long-Term Coevolution: The traditional plant-insect relationship, involving nectar production for pollination, has evolved over 100 million years.
- Genetic Analysis: Population genetics analysis revealed a 27% increase in selfing rates, with consistent trait shifts across studied populations.
Concerns and Potential Consequences
- Short-Term Benefits, Long-Term Risks: While self-pollination may offer short-term advantages, it poses long-term survival threats to plants amid environmental changes.
- Feedback Loop Risks: Reduced nectar production could lead to further declines in pollinator populations, creating a detrimental eco-evolutionary feedback loop.
- Network Degradation: The study highlights the degradation of plant-pollinator networks, as observed in previous research.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Stagflation
Mains level: Read the attached story
Central Idea
- The Reserve Bank of India (RBI) officials have reported a decreased risk of stagflation in India, now estimated at 1%, down from 3% in August
What is Stagflation?
|
Details |
Definition |
An economic condition characterized by stagnant growth, high unemployment, and high inflation. |
Indian context |
Fluctuating growth rates; periods of slowdown have raised concerns about stagnation. |
Inflation Dynamics in India |
Historically high at times, often driven by rising food and fuel prices. |
Supply Shocks |
Vulnerable to global oil price fluctuations and agricultural supply shocks (e.g., monsoon variability). |
Past Episodes |
Elevated stagflation risks were noted during the Asian Crisis, Global Financial Crisis, taper tantrum, and COVID-19 pandemic. |
Methodology for Assessing Stagflation
- Two-Pronged Approach: RBI assessment utilized two methods: analyzing periods of low economic growth with high inflation, and employing ‘at-risk’ frameworks, namely “Inflation at Risk” (IaR) and “Growth at Risk” (GaR), using quantile regression.
- Determinants of Stagflation: Key factors identified include supply-side shocks, commodity price spikes, tighter financial conditions, and currency depreciation.
Key Risk Factors for India
- Financial Conditions and Rupee Depreciation: Financial conditions and the depreciation of the rupee against the U.S. dollar are significant risk factors for stagflation in India.
- Empirical Evidence: The integrated IaR and GaR frameworks corroborate these findings, although the impact of crude oil prices on domestic fuel prices has limited predictive power for stagflation.
- Global Concerns: Post-pandemic, higher commodity prices and the U.S. dollar’s appreciation raised global stagflation concerns.
Back2Basics: Economic Conditions: Definitions and Concepts
|
Explanation |
Depression |
A sustained, long-term downturn in economic activity.
Characterized by significant decline in GDP, high unemployment, low spending, and reduced industrial output. |
Deflation |
A general fall in the price level of goods and services over some time, indicating negative inflation rates. |
Disinflation |
A decrease in the rate of inflation, i.e., a slowdown in the rate at which prices increase.
Example: Inflation rate falling from 8% to 6%. |
Reflation |
Economic measures, such as increasing money supply or reducing taxes, aimed at stimulating the economy to reach its long-term growth trend after a downturn. |
Skewflation |
A situation where the price of some items rises significantly while others remain stable.
Example: Seasonal rise in the price of onions while other prices are stable. |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: ASEAN-India Trade in Goods Agreement (AITGA)
Mains level: Not Much
Central Idea
- India seeks to modernize the ASEAN India Trade in Goods Agreement (AITGA) to reduce the significant trade deficit with ASEAN nations in February 2023 with a target to complete the revamp by 2025.
About ASEAN-India Trade in Goods Agreement (AITGA)
|
Details |
Signing Date |
August 13, 2009, w.e.f. January 1, 2010. |
Objectives |
Eliminate tariffs and liberalize trade in goods.
Facilitate economic integration between ASEAN and India. |
Key Features |
Gradual reduction and eventual elimination of tariffs
Measures to facilitate trade and customs efficiency |
Member Countries |
ASEAN Members: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam and India. |
Economic Impact |
Growth in trade between India and ASEAN countries – Diversification of trade basket. |
Recent Developments |
Discussions on reviewing and upgrading the agreement. |
Challenges |
Concerns over trade imbalances.
Potential impact on certain domestic industries in India. |
Strategic Significance |
Part of India’s “Act East” policy.
Step towards broader regional economic integration. |
Need for review
- Significant Trade Partner: ASEAN countries, including Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, Myanmar, and Cambodia, accounted for 11.3% of India’s global trade in 2022-23.
- Existing Trade Imbalance: The current trade deficit with ASEAN stands at $43.57 billion, a substantial increase from $7.5 billion per annum when the pact was first implemented.
- Trade Statistics: In 2022-23, India’s exports to ASEAN were valued at $44 billion against imports of $87.57 billion.
- Rebalancing Trade: The primary goal is to address the disproportionate benefits that have favored ASEAN since the agreement’s implementation in 2010.
- Modernization of the Agreement: The focus is on updating the FTA to reflect current global trade dynamics and include new elements like product-specific rules and trade remedies.
Key Areas of Negotiation
- Rules of Origin (ROO): Modifications in ROO are planned to increase market access for Indian products and prevent the rerouting of goods, particularly from China, through ASEAN countries.
- Trade Remedies: A new chapter on trade remedies will aim to protect domestic industries from unfair trade practices and import surges.
- Exclusion of New Areas: The agreement will not expand to cover additional areas like labor, environment, MSMEs, or gender to avoid complicating the pact.
Challenges and Industry Perspectives
- Need for Concessions: While India seeks to balance the trade deficit, concessions may be necessary to ensure mutual benefits.
- Sectoral Focus: Industries such as chemicals, plastics, minerals, leather, textiles, and gems and jewellery are identified for potential growth in exports.
Conclusion
- Strategic Approach: India’s efforts to modernize the AITGA reflect a strategic approach to enhance trade relations while protecting domestic interests.
- Balancing Act: The challenge lies in negotiating terms that benefit both India and ASEAN members, fostering a more equitable trading environment.
- Long-Term Implications: Successful negotiations could significantly impact India’s trade dynamics, potentially reducing the trade deficit and strengthening economic ties with ASEAN nations.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Disinvestment
Mains level: Read the attached story
Central Idea
- India’s disinvestment process, primarily focusing on minority stake sales rather than full privatisation, is expected to fall short of its fiscal year 2024 target.
- The government’s cautious approach, influenced by the upcoming general elections, has led to a slowdown in the privatisation of major public sector undertakings (PSUs).
Disinvestment Performance and Targets
- Past Achievements: Over the past decade, disinvestment has generated over ₹4.20 lakh crore, but the current fiscal year’s target appears challenging.
- FY24 Target: The government set a disinvestment goal of ₹51,000 crore for FY24, a reduction from the previous year’s estimate.
- Major PSUs on Hold: Plans for the privatisation of Bharat Petroleum Corporation Ltd (BPCL), Shipping Corporation of India (SCI), and CONCOR have been deferred.
- Progress So Far: Approximately ₹10,049 crore, or 20% of the budgeted amount, has been raised through IPOs and OFS.
- Pipeline Projects: Strategic sales of CPSEs like SCI, NMDC Steel Ltd, BEML, HLL Lifecare, and IDBI Bank are planned but face delays due to various procedural hurdles.
Factors Influencing Disinvestment
- Political Considerations: Strategic disinvestment decisions are being influenced by the upcoming elections, leading to a cautious approach.
- Challenges in Strategic Sales: The sale process involves multiple stakeholders and complex procedures, making it a lengthy affair.
- Public and Political Resistance: Certain sectors, particularly defence and shipping, face opposition to privatisation, causing delays and policy reassessments.
- Economic Think Tank Views: Observers note a recent slowdown in PSU stake sales, attributed to regulatory processes, global economic volatility, and shifting government priorities.
Historical Context and Government Policy
- Post-2014 Strategy: Since 2014, the government has revived its disinvestment policy, focusing on stake sales and listing of PSEs on the stock market.
- Union Budget 2023-24: The disinvestment target for FY24 is the lowest in seven years, with the government yet to meet the target for 2022-23.
- Reasons for Disinvestment: The government undertakes disinvestment to reduce fiscal burdens, finance deficits, invest in development, and retire debt.
- Types of Disinvestment: The process includes minority disinvestment, majority divestment, and complete privatisation, managed by the Department of Investment and Public Asset Management (DIPAM).
Recent Disinvestment Performance
- Meeting Targets: The government has met its disinvestment targets only twice since 2014.
- Challenges in Execution: Strategic sales have been complicated by various factors, including market volatility and political opposition.
Future of Disinvestment in 2023-24
- No New Additions: The government plans to continue with the already announced privatisation of state-owned companies without adding new ones.
- Challenges and Vision: Observers suggest that disinvestment should align with the government’s long-term vision for privatisation and sectoral presence, rather than being driven solely by revenue needs.
Conclusion
- Strategic Policy Shifts: The government’s disinvestment strategy is evolving, balancing between raising revenues and managing political and public sentiments.
- Impact of Upcoming Elections: With general elections approaching, the focus on disinvestment might shift, impacting the progress and priorities of stake sales.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Kaldor-Verdoorn
Mains level: addressing the skills gap and improving the quality of the workforce
Central idea
The article discusses the challenge of “jobless growth” in India, where the employment growth rate remains unresponsive despite increased GDP and value-added growth rates. It emphasizes the unique characteristics of India’s jobless growth regime, involving a high Kaldor-Verdoorn coefficient, and calls for a distinct policy focus on employment in addition to the traditional emphasis on GDP growth.
Key Highlights:
- The article discusses the distinction between wage employment and self-employment, emphasizing the challenge of inadequate labor demand, particularly for regular wage work in the formal sector.
- India’s historical employment scenario includes open unemployment, high levels of informal employment, and a stagnant growth rate of salaried workers in the non-agricultural sector.
- The lack of employment opportunities in the formal sector is attributed to factors such as output growth, labor productivity, and the introduction of labor-saving technologies.
Key Challenges:
- India faces the challenge of “jobless growth,” where the employment growth rate remains unresponsive despite a rise in GDP growth and value-added growth rates.
- The article highlights the connection between labor productivity growth rate and output growth rate, contributing to the phenomenon of jobless growth in India.
- The distinct form of jobless growth in India, characterized by a higher than average Kaldor-Verdoorn coefficient, poses a qualitative challenge for macroeconomic policies.
Key Terms:
- Kaldor-Verdoorn coefficient: A measure reflecting the responsiveness of labor productivity growth rate to output growth rate.
- Dual economy structure: An economic structure characterized by the coexistence of a modern and traditional sector, often seen in developing countries.
- Mahalanobis strategy: A development strategy that prioritizes heavy industrialization to overcome the constraints on output and employment.
Key Phrases:
- “Jobs generally refer to relatively better-paid regular wage or salaried employment.”
- “The lack of opportunities is reflected by a more or less stagnant employment growth rate of salaried workers in the non-agricultural sector.”
- “The positive effect of output growth rate on employment fails to counteract the adverse effect of labor-saving technologies in the Indian jobless growth regime.”
Key Quotes for value addition:
- “The Indian economy has historically been characterized by the presence of both open unemployment as well as high levels of informal employment.”
- “Jobless growth in India makes the macroeconomic policy challenge qualitatively different from other countries.”
Key Examples and References:
- Reference to the Mahalanobis strategy focusing on heavy industrialization as a policy for overcoming constraints on output and employment.
- Mention of the higher than average Kaldor-Verdoorn coefficient in India’s non-agricultural sector as a distinctive feature of jobless growth.
Key Facts:
- India’s employment growth rate in the formal non-agricultural sector has remained unresponsive despite significant increases in GDP and value-added growth rates.
- Jobless growth in India is associated with a high Kaldor-Verdoorn coefficient, indicating a strong connection between labor productivity growth rate and output growth rate.
Critical Analysis:
- The article critically examines the traditional presumption that increasing the output growth rate would be a sufficient condition for increasing the employment growth rate in the formal sector.
- It highlights the need for a separate policy focus on employment, including both demand and supply side components, in addition to the focus on GDP growth.
Way Forward:
- Advocate for policies addressing the skills gap and improving the quality of the workforce to make automation less attractive for firms.
- Propose direct public job creation as a demand-side component of employment policies.
- Suggest reorienting the macroeconomic framework to finance employment-related expenditures, including increasing the direct tax to GDP ratio and improving compliance.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Pir Panjal range
Mains level: Shift of terrorist activity to Poonch-Rajouri
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Colombo Security Conclave (CSC)
Mains level: vulnerability of the CSC to domestic political changes
Key Highlights:
- The Colombo Security Conclave (CSC) aims to promote a safe, secure, and stable Indian Ocean, with India playing a leadership role.
- The CSC’s revival in 2020, after a standstill since 2014, reflects India’s evolving strategic vision for the Indian Ocean.
- India seeks to institutionalize its role in the region, addressing security challenges and emerging threats through the CSC.
- China’s growing influence in the Indian Ocean is a significant factor driving the CSC’s revival, with Beijing investing in the Belt and Road Initiative (BRI) and establishing a presence in key locations.
Key Challenges:
- Domestic political changes in member-states can impact the CSC’s effectiveness, as seen with the Maldives’ absence from a recent meeting.
- The nationalist and pro-China sentiments in member-states may hinder collaboration, affecting the CSC’s ability to address regional challenges.
- Despite concerns about China’s actions in the Indian Ocean, some regional countries may not view China as a threat, limiting the CSC’s collective response.
Key Terms/Phrases:
- Colombo Security Conclave (CSC)
- Indian Ocean
- Belt and Road Initiative (BRI)
- Maritime security
- Regional collaboration
- Extra-regional powers
- Indo-Pacific
- National Security Adviser (NSA)
Key Quotes:
- “The lack of capacity of island nations to secure the seas and counter transnational threats has continued to motivate India.”
- “China’s outreach to the Indian Ocean is to control crucial sea lines of communication and trade, limiting India’s influence.”
Key Statements:
- “The CSC offers India an opportunity to institutionalize its role, shape the regional security architecture, and better address existing and emerging threats.”
- “The strategic accommodation and flexibility of the CSC contribute to the security of the Indian Ocean.”
Key Examples/References:
- China’s naval capabilities, defense relationships, and infrastructure projects in the Indian Ocean.
- Maldives’ absence from a recent CSC meeting due to preferences for a close relationship with China or nationalist sentiments.
Key Facts/Data:
- The CSC was revived in 2020, with the inclusion of Mauritius, Seychelles, and Bangladesh.
- China’s investments in the Indian Ocean include the Belt and Road Initiative projects and control of Sri Lanka’s Hambantota port.
Critical Analysis:
- The vulnerability of the CSC to domestic political changes highlights challenges in maintaining consistent regional collaboration.
- The balance between addressing security concerns and managing relationships with China is crucial for the CSC’s success.
Way Forward:
- Strengthen institutional mechanisms within the CSC to mitigate the impact of domestic political changes.
- Continue to focus on the five pillars of cooperation, addressing maritime security, counter-terrorism, cyber-security, humanitarian aid, and disaster relief.
- Enhance efforts to build trust among member-states and address concerns related to nationalist and pro-China sentiments.
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