Note4Students
From UPSC perspective, the following things are important :
Prelims level: Miniature Paintings of India
Mains level: Not Much
Central Idea
- N. Goswamy, a Padma Bhushan recipient and former IAS officer, left an indelible mark on the realm of Indian miniature paintings.
- His groundbreaking work in the field uncovered the rich history and family lineages of artists who contributed significantly to this intricate art form.
Indian Miniature Painting: A Rich Tradition
- Characteristics: Indian miniature painting is known for its intricate, highly detailed artwork on a small scale. It features vibrant colors, intricate patterns, and elaborate detailing.
- Historical Roots: The tradition traces its origins to the Buddhist Pala dynasty, which ruled Bengal and Bihar from the 8th to the 11th century. Initially, these paintings illustrated religious texts on Buddhism and Jainism and were crafted on palm leaves.
- Mughal Era: The art form flourished with the rise of the Mughal Empire in the early 1500s, becoming synonymous with sophistication and elegance. Mughal miniatures, often no larger than a few square inches, depicted bright and accurate paintings used for illustrating manuscripts and art books.
- Post-Mughal Period: With the decline of the Mughal Empire during Aurangzeb’s reign, skilled miniaturists migrated to regions like Rajasthan, Himachal Pradesh, Jammu, Tehri-Garhwal, and the plains of Punjab, giving birth to the Pahari painting tradition. Deccan painting, influenced by European, Iranian, and Turkish styles, also emerged in the Deccan region between the 16th and 19th centuries.
B.N. Goswamy’s Contributions
- Family-Centric Approach: In his 1968 article on Pahari painting, Goswamy revealed that the style of these paintings depended not on the region but on the family of painters. He emphasized the role of family networks in shaping artistic styles.
- Reconstructing Family Networks: Goswamy embarked on a mission to reconstruct the family networks of renowned Indian miniature painters. Notable examples include Pandit Seu and his sons Nainsukh and Manaku, who dominated the Pahari painting scene. Goswamy used a blend of detective work and intuition, leveraging inscriptions on the back of miniatures and 18th-century pilgrim records from Haridwar.
- Expanding Research Scope: Over time, Goswamy broadened his research to encompass various regions across northern to southern India. His work resembled that of Bernard Berenson, who unearthed historical bills of exchange to attribute anonymous canvases.
Back2Basics: Miniature Paintings in India
|
History |
Characteristics |
Prominent Schools/Regions |
Notable Patrons |
Rajput Miniature Painting |
Centuries-old tradition in Rajput courts |
Vibrant colors, intricate details, gold leaf |
Mewar, Marwar, Bundi |
Rajput rulers, nobility |
Mughal Miniature Painting |
Flourished during the Mughal Empire (16th-19th century) |
Realistic portrayal, fine lines, historical themes |
Mughal Empire |
Emperors like Akbar, Jahangir, Shah Jahan |
Pahari Miniature Painting |
Emerged in the Himalayan region, centuries-old |
Lyrical, delicate, Radha-Krishna love stories |
Basohli, Chamba, Kangra |
Regional rulers and nobility |
Deccani Miniature Painting |
Developed under the Deccan Sultanates (late 15th-17th century) |
Fusion of Persian and Indian styles, court scenes |
Deccan Sultanates |
Golconda, Bijapur, Ahmadnagar |
Bengal Patachitra |
Traditional art form of West Bengal |
Scroll painting, mythological stories, folklore |
West Bengal |
Traditional artists |
Kangra Miniature Painting |
Flourished in the Kangra region, 18th century |
Soft colors, lyrical compositions, love stories |
Kangra |
Rulers of Kangra, Nainsukh |
Tanjore Painting |
Originated in the Maratha court of Thanjavur (17th century) |
Gold leaf, semi-precious stones, Hindu deities |
Tamil Nadu (Thanjavur) |
Maratha court of Tanjore |
Mysore Painting |
Flourished in the Kingdom of Mysore, 17th-19th century |
Intricate details, bright colors, religious themes |
Mysore |
Kingdom of Mysore |
Gond Painting |
Traditional art of the Gond tribal community |
Vibrant depictions of nature, tribal folklore |
Central India (Madhya Pradesh) |
Gond tribal community |
Kalamkari Painting |
Centuries-old art form from Andhra Pradesh |
Hand-painted or block-printed fabric art |
Andhra Pradesh (Tamil Nadu) |
Traditional Kalamkari artists |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Kavro Doma 360
Mains level: Not Much

Central Idea
- Kanpur-based MKU Limited recently unveiled the Kavro Doma 360, world-first rifle-rated ballistic helmet at Milipol Paris exhibition.
About Kavro Doma 360
|
Description |
Indigenous Development |
Developed by MKU Limited in Kanpur, India, through indigenous research and development. |
Uniform Rifle Protection |
Provides uniform protection across all five head zones: front, back, left, right, and crown.
Offers resilience against threats like AK-47 MSC, M80 NATO BALL, and M193 rifle bullets. |
Boltless Innovation |
The only boltless rifle protection helmet globally, eliminating bolts and metal components, reducing the risk of penetration upon impact for enhanced safety. |
Expanded Protection Area |
Features a boltless shell design, providing 40% more protection area against AK-47 assault rifles compared to conventional helmets. |
20mm Back Face Signature |
Maintains a Back Face Signature/Trauma of less than 20 mm when impacted by AK-47 bullets.
Back Face Signature measures deformation due to high-energy bullet impact. |
Advanced Harness System |
Incorporates Dynamic Impact Technology for protection against direct and rotational/angular impacts, reducing concussions and brain injuries.
Offers top-to-chin and side-to-side harness adjustment. |
Maximum Compatibility (with MACS) |
Ensures seamless integration with advanced head-mounted devices and combat equipment, adapting to the evolving needs of modern warriors. |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Chikungunya , Ixchiq
Mains level: Not Much
Central Idea
- The Food and Drug Administration (FDA) in the US granted approval for the world’s inaugural vaccine against chikungunya.
Ixchiq: The Chikungunya Vaccine
- Developed by European vaccine manufacturer Valneva, this vaccine will be available under the brand name Ixchiq.
- It has been authorized for use in individuals aged 18 and above who are at elevated risk of chikungunya exposure.
- It is administered as a single dose via injection into the muscle.
- The vaccine contains a live, attenuated (weakened) form of the chikungunya virus. It may induce symptoms similar to those experienced by individuals with the disease.
Understanding Chikungunya
- Symptoms: Chikungunya is characterized by severe joint pain, limited mobility, and accompanying fever. It is a viral infection (CHIKV) primarily transmitted by Aedes aegypti and Aedes albopictus mosquitoes, earning it the status of an “emerging global health threat.”
- Global Prevalence: Chikungunya is prevalent in Africa, Asia, and the Americas, with sporadic outbreaks reported in other regions. Since 2004, outbreaks have become more frequent and widespread, partly due to viral adaptations facilitating transmission by Aedes albopictus mosquitoes.
- Symptoms: Alongside joint pain, chikungunya symptoms include joint swelling, muscle pain, headache, nausea, fatigue, and rash. While severe cases and deaths are rare, they may be underreported due to misdiagnosis, often confused with dengue or zika.
- No Cure: Currently, there is no cure for chikungunya, and treatment is primarily focused on symptomatic relief, including analgesics for pain, antipyretics for fever, rest, and adequate fluid intake.
- Prevention: Prevention efforts primarily revolve around mosquito control through public health initiatives, civic maintenance, and personal measures such as using medicated mosquito nets and eliminating stagnant water sources to hinder mosquito breeding.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: MSCI EM Index
Mains level: NA

Central Idea
- India’s presence on the MSCI Emerging Markets (EM) Index is set to expand with the inclusion of nine new stocks, effective from 30th November.
- This development will elevate India’s weightage on the index to 16.3%, reaching an all-time high representation of 131 Indian stocks.
What is MSCI EM Index?
- MSCI is a globally recognized index listed on the NYSE.
- It is released and maintained by MSCI Inc., a leading provider of global equity indices, investment analytics, and other financial data and services.
- Its stock indices are closely monitored by global asset managers, hedge funds, banks, corporations, and insurance companies.
- They rely on these indices to allocate funds across global stock markets.
- MSCI indices serve as a foundation for passive investments through exchange-traded funds (ETFs), index funds, and certain fund of funds.
India’s Progress on the EM Index
- Increasing Weight: India’s weightage on the MSCI EM Index has steadily grown, poised to double to 16.3% from four years ago with the upcoming rebalancing.
- Second to China: India ranks second, trailing only China (29.89%), on the EM Index, outperforming countries like Taiwan (15.07%), South Korea (11.78%), and Brazil (5.42%).
- Strong Performance: As an independent entity, India has excelled in generating net returns, boasting a 4.75% return in the year through October compared to MSCI EM’s -2.14%. Over the long term, India has achieved an annualized 8.33% return over ten years versus MSCI EM’s 1.19%.
Inclusion Criteria for Stocks
- Market Capitalization-Based Weightage: Stocks’ weights on the EM index are determined by free-float market capitalization, which represents shares available for foreign investors to trade. Higher market capitalization leads to greater weight and allocation by investors.
- Top Indian Stocks: Prominent Indian stocks on MSCI EM include Reliance Industries (weight 1.34%), ICICI Bank (0.91%), and Infosys (0.87%).
Impact of Increased Representation
- Passive Inflows: Passive foreign trackers are expected to inject $1.5 billion into the nine newly included Indian stocks and other Indian counters with increased weights.
- Stock Rebalancing: MSCI’s adjustments involve increasing the weights of stocks like Zomato, Hindustan Aeronautics, and Jio Financial Services, potentially attracting around $160 million in passive inflows. However, heavyweight stocks like Reliance may experience minor weight reductions.
- Overall FPI Investment: The increase primarily benefits passive trackers, and it may not necessarily lead to a surge in overall foreign portfolio investment (FPI) flows. Nonetheless, it boosts investor sentiment, as passive investments tend to offer higher returns over extended periods due to lower expenses and reduced human error.
- Positive Sentiment: MSCI EM’s positive review of India comes shortly after Morgan Stanley upgraded India to the status of the most preferred emerging market, further enhancing India’s appeal to global
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Raychaudhuri Equation
Mains level: NA

Central Idea
- Amal Kumar Raychaudhuri, an Indian physicist, overcame obstacles and restrictions to make a profound contribution to the field of general relativity.
A.K. Raychaudhuri: Early Life
- Born in Barisal, now in Bangladesh, in 1923.
- Educated in Kolkata.
- Developed a deep interest in general relativity during his time at the Indian Association of Cultivation of Science (IACS).
Challenges Faced
- While passionate about general relativity, Raychaudhuri was instructed by the director of IACS, Meghnad Saha, to work on topics of the director’s choosing or leave.
- Raychaudhuri, with limited career options, complied with Saha’s directive but continued to explore the mysteries of gravity in his spare time.
Theoretical Breakthrough: The Raychaudhuri Equation
- Raychaudhuri focused on the problem of singularities in general relativity, specifically points where gravity could become infinitely strong.
- Developed a unique approach that bypassed complex mathematical challenges.
- Introduced the Raychaudhuri equation, a simple and elegant formula that showed the inevitable convergence of matter in curved spacetime.
- The equation hinted strongly at the existence of singularities, a critical aspect of general relativity.
Influence on Renowned Physicists
- Raychaudhuri’s equation played a pivotal role in the work of Stephen Hawking and Roger Penrose.
- Hawking’s area theorem, demonstrating that the surface area of black holes never decreases, relied on the Raychaudhuri equation.
Recognition and Legacy
- Despite his groundbreaking work, Raychaudhuri received limited recognition in India.
- He faced obstacles in career advancement, including rejection by Calcutta University.
- Raychaudhuri eventually joined Presidency College, Kolkata, where he became a revered teacher, inspiring future generations of physicists.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: NASA-ISRO Synthetic Aperture Radar (NISAR) missionv
Mains level: NA

Central Idea
- The NASA-ISRO Synthetic Aperture Radar (NISAR) mission, a collaborative effort between NASA and ISRO, is on track for its scheduled launch in the first quarter of 2024.
About the NISAR Mission
- Collaboration: NISAR is a Low Earth Orbit observatory developed jointly by NASA and ISRO, highlighting international collaboration in space exploration.
- Launch Vehicle: The mission is set to launch from the Satish Dhawan Space Centre in Sriharikota onboard ISRO’s GSLV Mark-II launch vehicle.
- Data Utility: NISAR data will offer unprecedented detail and assist researchers in various ways, including monitoring volcanic activity, tracking groundwater use effects, measuring ice sheet melt rates, and observing changes in global vegetation distribution.
- Mission Duration: The $1.5-billion NISAR mission has a planned mission life of three years and will survey Earth’s land and ice-covered surfaces every 12 days following a 90-day commissioning period.
Advanced SAR Technology
- Dual-Band SAR: NISAR carries L and S dual-band Synthetic Aperture Radar (SAR) using the Sweep SAR technique, providing both wide coverage and high-resolution data.
- Observatory Structure: The SAR payloads are mounted on the Integrated Radar Instrument Structure (IRIS) along with the spacecraft bus, forming an observatory.
- Contributions: NASA’s Jet Propulsion Laboratory (JPL) provides the L-band SAR and several key components, while ISRO’s U R Rao Satellite Centre contributes the spacecraft bus, S-band SAR electronics, launch vehicle, and mission operations.
Key milestones achieved
- Thermal Vacuum Testing: The thermal vacuum testing, a critical system-level test, was successfully completed in Bengaluru. This test ensures that the spacecraft can operate effectively under extreme temperature conditions.
- EMI and EMC Testing: Electromagnetic interference (EMI) and electromagnetic compatibility (EMC) testing have also been successfully accomplished.
- Upcoming Vibration Tests: The next phase involves conducting vibration tests to simulate the harsh launch environment. This test will subject the satellite to intense vibrations while mimicking the conditions of a rocket launch.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: NA
Mains level: Read the attached story

Central Idea
- The age at which children should begin formal education has been a topic of debate and discussion, with variations in policies and practices among different states and countries.
- Understanding the rationale behind these age criteria is crucial for shaping educational policies that align with the needs and development of young learners.
NEP 2020 and Minimum Age for Class 1
- National Education Policy (NEP) 2020: NEP 2020 introduces a “5+3+3+4” structure for formal schooling, emphasizing early childhood education for ages 3 to 5 years.
- Minimum Age for Class 1: According to NEP 2020, a child should be 6 years old to enroll in Class 1, following three years of early childhood education.
Recent News and Policy Implementation
- Union Education Ministry’s Efforts: The Union Education Ministry has urged states to align their Class 1 admission age with NEP 2020’s recommendation.
- Kendriya Vidyalayas Case: Last year, Kendriya Vidyalayas increased the admission age to align with NEP 2020, leading to a legal challenge that was ultimately dismissed.
- Delhi Government’s Decision: This year, the Delhi government decided to maintain its existing guidelines, permitting Class 1 admission below the age of 6.
Right to Education (RTE) Act, 2009
- RTE Act’s Age Provision: RTE Act guarantees education from ages 6 to 14, implying that elementary education (Class 1) should begin at age 6.
- Historical Perspective: The age of 6 was chosen based on global practices and historical references, including Mahatma Gandhi’s basic education principles.
Research on Entry Age for Formal Education
- David Whitebread’s Research: Studies comparing early literacy lessons starting at ages 5 and 7 in New Zealand showed no significant advantage for early introduction to formal learning.
- Reading Achievement Study: A study across 55 countries found no significant association between reading achievement and school entry age.
Global Practices in Starting Formal Education
- Standard Age of 6: Many East Asian and European countries start formal education at age 6, with younger children often attending preschool.
- Scandinavian Approach: Scandinavian countries typically begin formal education at age 7, supported by universal child care for younger children.
- US and UK Variation: The USA and UK stand out as countries where children generally start school at age 5, with varying childcare provisions.
Conclusion
- The debate over the appropriate age for starting formal education encompasses a range of factors, including developmental readiness, educational goals, and cultural norms.
- Understanding the diverse approaches and research findings can inform policymakers as they strive to create educational systems that best serve the needs of young learners.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Kazi Nazrul Islam
Mains level: NA

Central Idea
- A movie-maker has issued an apology for the unintended distress caused by its rendition of the iconic song “Karar Oi Louho Kopat” penned by Bengali poet Kazi Nazrul Islam in 1922.
Who was Kazi Nazrul Islam (1899-1976)?
- Kazi Nazrul Islam was born on May 24, 1899, in Churulia, a village in the Burdwan district of West Bengal, India.
- He was a famous poet, writer, and musician from Bengal.
- He is well-known for his songs, which are called “Nazrulgeeti.”
- These songs are very popular and loved by in West Bengal, Bangladesh, almost as much as Rabindrasangeet of Rabindranath Tagore.
- Nazrul is often called the “Vidrohi Kavi (Rebel Poet)” because he wrote more than 4,000 songs, and many of them were about protesting and fighting against unfair rules and powerful rulers.
- These songs inspired the freedom fighters of Bengal who were fighting against the British colonial rule.
- He is celebrated as the national poet of Bangladesh and is also revered in West Bengal, India.
Understanding “Karar Oi Louho Kopat”
- Nazrul was an ardent supporter of India’s struggle for independence from British colonial rule. He used his poetry and writings to inspire and mobilize people against British oppression.
- Published in 1922 in “Banglar Katha” and later included in Nazrul’s “Bhangar Gaan,” the song was penned as a call to break down the iron gates of prison, symbolizing resistance against British oppression.
- He wrote the song of revolution after the British threw Deshbandhu Chittaranjan Das (1870-1925) in prison in 1922.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Electric Batteries
Mains level: Not Much

Central Idea
- Electric batteries have become an integral part of modern life, enabling the widespread use of motorization and wireless technology.
- These devices store and release electrical energy, acquired by converting other forms of energy, primarily through chemical reactions.
Historical Roots of Electric Batteries
- Galvani’s Experiment: In 1780, Luigi Galvani conducted an experiment involving two metal plates and a frog’s leg, marking an early exploration of electricity’s effects on biological systems.
- Volta’s Voltaic Pile: Alessandro Volta’s voltaic pile in 1800 consisted of alternating copper and zinc plates separated by electrolyte-soaked paper. It produced a steady current but lacked a comprehensive explanation.
- John Daniel’s Innovation: British chemist John Daniel improved on Volta’s design with a more efficient cell that generated electric current for extended periods.
- Faraday’s Insights: In the early 19th century, Michael Faraday elucidated the principles of electrochemical cells, including naming components like anode, cathode, and electrolyte.
Understanding Electric Batteries
- Voltaic Cells: Electric batteries, also known as voltaic or galvanic cells, utilize redox reactions to produce an electric current. They consist of two half-cells, each with a metal electrode immersed in an electrolyte of the same metal.
- Electron Transfer: In one half-cell, metal ions dissolve into the electrolyte, releasing electrons. In the other half-cell, the reverse occurs, as metal ions deposit onto the electrode and require electrons.
- External Circuit: A wire connects the two electrodes, allowing electron flow from the anode to the cathode. A salt bridge connects the two electrolytes, enabling ion exchange.
- Components: Key components include the cathode (positive electrode), anode (negative electrode), and the electrolyte. The source voltage and terminal voltage are important concepts.
- Source Voltage: It represents the energy imparted to electrons and is equal to the terminal voltage in ideal conditions.
- Issues: Corrosion is a common issue in electrochemical cells, caused by factors like moisture and galvanic corrosion.
Types of Batteries
- Lithium-Ion (Li-ion) Batteries: Li-ion batteries are rechargeable and have revolutionized technology. They consist of a cathode, anode, and an electrolyte. During discharge, lithium ions move between electrodes, facilitating energy storage.
- Electric Vehicle (EV) Batteries: EV batteries, such as those used in Tesla’s Model S, are composed of numerous Li-ion cells and are critical for powering electric vehicles.
- Hydrogen Fuel Cells: Hydrogen fuel cells are gaining interest, especially in the context of green energy. They use hydrogen as a fuel source and produce electricity through a chemical reaction with oxygen, emitting water as a byproduct.
Future Prospects and Significance
- Ongoing Research: Li-ion batteries and hydrogen fuel cells continue to be areas of extensive research, with diverse configurations and advantages.
- Hydrogen Economy: Hydrogen fuel cells are expected to play a pivotal role in the emerging hydrogen economy, and countries like India are investing in green hydrogen production.
Conclusion
- Electric batteries, rooted in the principles of electrochemistry, have undergone significant evolution, transforming the way we live and utilize energy.
- Their development and improvement remain central to advancing convenience and sustainability in industrialized societies, shaping the future of technology and transportation.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Historical Perspectives on Work
Mains level: Impact of AI on Labour and Work

Central Idea
- Elon Musk’s recent remarks at the Bletchley Park summit on Artificial Intelligence (AI) have stirred discussions about the potential of AI to replace all forms of human labor.
- While such a future may seem theoretical, it raises critical questions about the nature of work, economic paradigms, and societal well-being.
AI’s impact and Labour and Work
- Elon Musk’s Vision: Musk envisions a future where AI replaces all forms of human labor, leaving individuals to seek work solely for personal fulfillment.
- Reality of AI: AI, while capable of substituting certain jobs, also generates new employment opportunities, such as AI programmers and researchers.
- AI’s Self-Awareness: A truly workless future implies AI becoming self-aware, capable of designing, operating, and maintaining itself, a scenario that remains theoretically possible but practically improbable.
Historical Perspectives on Work
- John Maynard Keynes: Keynes believed that reducing working hours would enhance welfare, as work often represented drudgery. He foresaw technological advancements reducing work hours and increasing well-being.
- Karl Marx: Marx viewed work as integral to human identity, providing meaning through material interaction with nature. Capitalism’s exploitation of labor alienates individuals from their work.
- AI’s Impact on Work: Musk’s vision aligns with Keynes’ thinking, suggesting that AI’s advancements could eliminate work, a positive outcome in this context.
Role of Capitalism in a Workless World
- Capitalism and Income: Under capitalism, individuals rely on income from work to access essential resources. Lack of work equals deprivation.
- Access to Resources: Musk’s vision allows for voluntary work but doesn’t address how individuals without work can access basic needs within the capitalist framework.
Imagining a Workless Economy
- Alternative Economic System: A workless world necessitates an economic system with different rules governing production and distribution, possibly involving a universal basic income.
- Institutional Questions: This alternative world raises questions about determining income levels, resource distribution, and balancing future growth with current consumption.
- Challenges of Change: Implementing such a system may be met with resistance within the existing capitalist society marked by rising inequality and a billionaire class.
Conclusion
- While the prospect of a world without work as envisioned by Elon Musk may seem speculative, it underscores the need to understand the potential disruptions caused by technological innovations.
- The impact of AI on work cannot be fully comprehended without considering the economic institutions that shape our society.
- Addressing these challenges requires a thoughtful examination of our current economic system and its adaptability to a rapidly changing technological landscape.
Try this PYQ:
Karl Marx explained the process of class struggle with the help of which one of the following theories?
(a) Empirical liberalism
(b) Existentialism
(c) Darwin’s theory of evolution
(d) Dialectical materialism
Post your answers here.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Cyprus Confidential
Mains level: Tax avoidance vs. evasion

Central Idea
- The Cyprus Confidential investigation unveils a web of offshore entities controlled from India, shedding light on financial transactions orchestrated by individuals in India.
Cyprus Confidential and Its Scope
- Global Offshore Probe: Cyprus Confidential explores 3.6 million documents, unveiling companies established in Cyprus by global elites.
- International Collaboration: Over 270 journalists from 60 media outlets across 55 countries and territories participate in this investigation.
- Data Sources: The investigation draws on documents from six offshore service providers in Cyprus, revealing not only Indian investors but also entities formed by prominent business conglomerates to leverage Cyprus’ favorable tax environment.
The Indian Perspective:
Setting Up Offshore Entities in Cyprus
- Indian entities: The investigation aims to lift the secrecy surrounding offshore entities, exposing how they are controlled from India, with financial instructions originating from individuals within the country.
- Legality: Establishing offshore companies in Cyprus is not illegal. India has Double Taxation Avoidance Agreements (DTAAs) with various countries, including Cyprus, offering advantageous tax rates.
- Tax Residency Certificates: Companies utilize tax residency certificates in these countries to legally benefit from reduced tax rates. These jurisdictions are characterized by loose regulatory oversight and stringent secrecy laws.
India’s Tax Treaty with Cyprus
- Pre-2013: Before 2013, India and Cyprus had a tax treaty exempting investors from capital gains tax, attracting substantial investments. Cyprus also had a low withholding tax rate of 4.5%.
- 2013 Onward: India categorized Cyprus as a Notified Jurisdictional Area (NJA) in 2013, leading to higher withholding tax rates and transfer pricing regulations for transactions involving NJA entities.
- Revised DTAA in 2016: A revised DTAA was signed in 2016, rescinding Cyprus from NJA with retrospective effect from November 1, 2013. This treaty introduced source-based taxation of capital gains and a grandfathering clause.
Tax Benefits in Cyprus
- Tax Rates: Offshore companies and branches managed from Cyprus are taxed at 4.25%, while those managed from abroad and offshore partnerships enjoy complete tax exemption.
- Dividends and Capital Gains: No withholding tax on dividends, and no capital gains tax on the sale or transfer of shares in offshore entities.
- Estate Duty Exemption: No estate duty on the inheritance of shares in offshore companies.
- Import Duty Exemption: No import duty on the purchase of vehicles, office, or household equipment for foreign employees.
- Beneficial Owner Anonymity: Ensures anonymity of the beneficial owners of offshore entities.
India-Cyprus DTAA and Its Significance
- Tax Planning: The DTAA enables Cyprus, with its favorable tax regime, to be a jurisdiction for tax planning. Foreign investors often set up investment firms in Cyprus to invest in India and benefit from the DTAA.
- Alternative to Mauritius: Cyprus is now an alternative to Mauritius for establishing offshore entities for Indian investments, as dividends paid from India are subject to withholding tax but not to taxation in Cyprus.
Offshore Trusts in Cyprus
- Cyprus International Trust Law: Offshore trusts under this law are exempt from estate duty and income tax, provided the trustee is Cypriot. Confidentiality is guaranteed.
- Tax Avoidance: Offshore trusts allow businesspersons to avoid taxes they would have paid if income from overseas operations had been remitted to their country of residence.
- Limitations of Indian DTAA: A DTAA does not prevent the Indian Income Tax department from denying treaty benefits if a company is found to have been inserted as a shareowner in India solely to avoid tax. In such cases, the entire transaction may be questioned.
Conclusion
- The India-Cyprus offshore connection is a complex landscape with legal tax planning, secrecy, and regulatory challenges.
- The Cyprus Confidential investigation has brought these nuances to light, prompting scrutiny and raising questions about the intricacies of offshore financial activities.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Active and Passive Equity Funds
Mains level: NA
Central Idea
- Mutual fund investors are currently favouring active equity funds over passive funds, according to a recent study.
Active vs. Passive Equity Funds
|
Active Equity Funds
|
Passive Equity Funds
(Index Funds/ETFs) |
Investment Strategy |
Actively managed by fund managers |
Passively track a specific benchmark index |
Research and Analysis |
In-depth research and analysis to select individual stocks |
No active stock selection or market timing; follow benchmark index composition |
Portfolio Turnover |
Higher turnover; frequent buying and selling of stocks |
Lower turnover; minimal changes to match index composition |
Fees and Expenses |
Higher management fees and expense ratios |
Lower management fees and expense ratios |
Performance |
Performance varies widely; aims to outperform the benchmark |
Seeks to match benchmark index performance |
Diversification |
Diversification depends on the fund’s holdings and strategy |
Offers broad diversification based on benchmark index |
Tax Implications |
Potential capital gains tax from frequent trading |
Generally lower capital gains tax due to lower turnover |
Suitability |
Suited for investors seeking potential alpha (outperformance) |
Suited for cost-conscious investors seeking index-like returns |
Active Management Risk |
Subject to fund manager’s stock-picking skills and market timing |
Minimal active management risk; returns closely track the index |
Investor Involvement |
Less hands-on; rely on fund manager’s decisions |
Passive investing; no need for frequent monitoring |
Examples |
Mutual funds with active management |
Index mutual funds, Exchange-Traded Funds (ETFs) |
Common Benchmarks in India |
Sensex, Nifty 50, BSE 100, etc. |
Sensex, Nifty 50, Nifty Next 50, etc. |
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Euclid Mission, Perseus cluster, Horseshoe Nebula
Mains level: NA

Central Idea
- European astronomers have unveiled the first images captured by the newly launched Euclid space telescope.
- These groundbreaking images offer a glimpse into Euclid’s extraordinary capabilities, demonstrating its capacity to observe billions of galaxies situated up to 10 billion light years away.
What is Euclid Mission?
- Euclid’s mission, led by the European Space Agency (ESA) in partnership with NASA, aims to unravel the enigmatic forces of dark matter and dark energy, which together constitute 95% of the universe.
- The Euclid Space Telescope is equipped with a 1.2-meter primary mirror, allowing it to capture detailed observations of galaxies.
- It carries two main scientific instruments: the visible-wavelength camera (VIS) and the near-infrared camera and spectrometer (NISP).
- By mapping the distribution and evolution of galaxies, Euclid aims to shed light on the fundamental forces shaping the cosmos.
(1) Mission Scope and Duration
- Euclid is a space-based mission, equipped with a sophisticated telescope and state-of-the-art scientific instruments.
- The mission is expected to have a nominal operational lifetime of 6 years, during which it will conduct an extensive survey of the sky.
(2) Launch and Spacecraft
- Euclid was launched on July 1, 2023, from Cape Canaveral in Florida using a SpaceX Falcon 9 rocket.
- The spacecraft carries the Euclid Space Telescope, which is designed to observe galaxies across a wide range of wavelengths.
(3) Investigating Dark Energy and Dark Matter
- Dark energy, discovered in 1998, explains the unexpected acceleration of the universe’s expansion.
- Euclid’s mission aims to provide a more precise measurement of this acceleration, potentially uncovering variations throughout cosmic history.
- Dark matter, inferred through the gravitational effects it exerts on galaxies and clusters, plays a vital role in preserving their integrity.
Remarkable Images taken by Euclid

- Sharper and Clearer: These images are touted as the sharpest of their kind, showcasing Euclid’s precision and ability to capture intricate cosmic details.
- Perseus cluster: Euclid’s observations span four regions within our relatively nearby universe, including the massive Perseus cluster, which is located just 240 million light-years away and contains over 1,000 galaxies.
- Horseshoe Nebula: Euclid provided a unique perspective on celestial wonders like the Horsehead Nebula, a region where new stars are born.
- Dark Matter’s Clues: Scientists believe that organized structures like the Perseus cluster could only have formed if dark matter exists. Dark matter is inferred from its gravitational influence on galaxies, including their rotation and the formation of massive cosmic structures.
Unraveling the Dark Universe
- 5% Visible, 95% Dark: The mission emphasizes that our understanding of the universe is limited to merely 5%—the matter we can see. The rest of the universe remains “dark” because it does not emit electromagnetic radiation, but its effects on visible matter are evident.
- Dark Matter’s Role: Dark matter is suspected to influence galaxies’ rotation, galaxy clusters’ cohesion, and the formation of cosmic structures, further validating its existence.
- Dark Energy’s Mystery: Dark energy, an even more enigmatic force, was proposed in the 1990s when the universe’s accelerated expansion was discovered. This mysterious energy was awarded a Nobel Prize in 2011.
Mission Ahead
- Creating a 3D Map: Following its initial commissioning and overcoming technical challenges, Euclid will construct a 3D map covering approximately one-third of the sky. This map will reveal subtle variations attributable to the dark universe.
- Cosmic Web Exploration: By gaining insights into dark energy and dark matter, scientists aim to understand the formation and distribution of galaxies within the cosmic web, a network of cosmic structures that make up the universe.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Aldrovandi's Herbarium
Mains level: NA

Central Idea
- Researchers have found a 500-year-old herbarium from Italy, particularly Bologna in the north.
- This collection, meticulously crafted by Italian naturalist Ulisse Aldrovandi between 1551 and 1586, offered a window into the past.
Aldrovandi’s Herbarium
- Floristic Changes: The herbarium, containing 5,000 specimens, unveiled a tapestry of historical changes in Italy’s flora over five centuries.
- Human Impact: Clues of human disturbance, habitat loss, transformation, and the invasion of alien species emerged from the pressed and preserved plant specimens.
- Climate Change: The collection allowed insights into the impact of climate change on Italy’s botanical landscape.
- Demographic Trends: European demographic shifts, excluding the European part of the former USSR, were reflected in the herbarium.
- Extinct and Unknown Species: The herbarium hinted at species, both native and alien, that have vanished or remain undiscovered in contemporary times.
Legacy of Transformation
- New World Influence: Aldrovandi’s herbarium holds the memory of Europe’s first encounters with species from the Americas, which later invaded the continent.
- Transforming Flora: It documents the initial signs of a profound transformation in European flora and habitats, paving the way for the introduction of new species and ecological shifts.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Ben Gurion Canal Project
Mains level: Not Much

Central Idea
- Israel’s aspirations to gain full control over the Gaza Strip and eliminate Hamas may be linked to an ambitious economic opportunity—the creation of the Ben Gurion Canal Project.
Ben Gurion Canal Project
- Vision: Named after Israel’s founding father, David Ben-Gurion, the Ben Gurion Canal Project remains an ambitious infrastructure proposal.
- Route: It envisions cutting a canal through the Negev Desert to connect the Gulf of Aqaba with the Eastern Mediterranean, challenging Egypt’s dominance over the Suez Canal.
- History: A declassified 1963 US government memorandum explored the idea of using nuclear explosives for digging the canal.
- Need: It would offer an alternative route to connect Europe and Asia, bypassing the Suez Canal.
- Transformational Impact: If realized, this project could reshape global trade dynamics by breaking Egypt’s monopoly over the shortest trade route.
Bypassing the Suez
- Historical Significance: The Suez Canal, opened in 1869, revolutionized global maritime trade by reducing travel distances between Europe and Asia.
- Congestion Issues: Despite expansion efforts, the Suez Canal remains congested, causing significant delays and economic losses.
- Political Conflicts: Egypt’s control over the canal has led to conflicts and wars, impacting global geopolitics.
Logistical and Political Challenges
- Complexity and Cost: Building the Ben Gurion Canal is a massive and costly endeavour, potentially exceeding $100 billion.
- Route Length: The proposed canal route is over 100 km longer than the Suez Canal, primarily due to terrain limitations.
- Security Concerns: Constant military threats, such as Hamas rockets or Israeli attacks, would pose a significant challenge to the canal’s operation.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: White Hole
Mains level: NA

Central Idea
- In a discussion with a theoretical physicist, we explore the intriguing concepts of white holes, the nature of time, and their profound implications for our comprehension of the cosmos.
- We delve into theories, from the transition of black holes to white holes to the fundamental granularity of space-time, providing a glimpse into the forefront of contemporary physics.
White Holes and Their Significance
- Reverse of Black Holes: White holes are essentially the opposite of black holes, with objects entering them behaving like a reversed movie.
- Simplicity in Behavior: White holes exhibit a straightforward behaviour: objects fall in, rebound, and ascend along the same path with reduced velocity.
- Quantum Mechanics Role: Quantum mechanics introduces the concept of a bounce within black holes, resulting in the formation of white holes.
- Altering Space-Time: White holes challenge conventional notions of space-time, suggesting that it undergoes quantum leaps and is not uniform or local.
Universe Emerging from a White Hole
- Analogous to a Bouncing Ball: The transition from a black hole to a white hole shares similarities with a ball bouncing back from the ground, albeit with reduced energy.
- Energy Dissipation: Energy dissipates as heat during this transition, a concept pioneered by Stephen Hawking known as Hawking radiation.
- Black Hole to Big Bang: The theory posits that a universe entering a black hole could bounce and generate an event akin to the Big Bang, potentially leading to the creation of our universe.
Understanding Time
- Relativity of Time: Time does not progress uniformly for all observers; it varies based on factors such as velocity.
- Einstein’s Insight: Albert Einstein introduced the idea that time is not a fixed entity like a clock but rather a flexible concept, akin to a stretchable rubber band.
- The Time Field: Einstein envisioned time as an integral component of a gravitational field, influenced by mass and gravity.
- Granular Space-Time: Combining quantum mechanics and gravity suggests that space-time is granular, consisting of discrete “time-steps,” challenging the notion of continuous space-time.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: National Coal Index
Mains level: NA
Central Idea
- In a recent development, the National Coal Index (NCI) saw a substantial rise in September, marking its first increase since April 2023.
- This surge in the NCI is linked to global coal price fluctuations and holds significant implications for India’s coal sector.
Understanding the National Coal Index (NCI)
- What is it? The NCI is a price index which reflects the change in the price level of coal on a particular month relative to the fixed base year.
- Release: It is released every month by the Ministry of Coal.
- Launch: The NCI was introduced on June 4, 2020, as a tool to monitor coal price fluctuations relative to a fixed base year FY 2017-18.
- Price Indicator: The NCI serves as a crucial price indicator that combines coal prices from various sources, including notified prices, auction prices, and import prices.
- Basis for Premiums: It plays a vital role in determining premium rates, either on a per-tonne basis or through revenue sharing, using a market-based approach.
Components of NCI
- Sub-Indices: NCI comprises five distinct sub-indices, encompassing three for Non-Coking Coal and two for Coking Coal. These sub-indices are amalgamated to derive the final Index for Non-Coking and Coking Coal, making them distinctly separate.
- Customized Revenue Shares: Based on the coal grade associated with a mine, the relevant sub-index is employed to determine the revenue share.
Factors behind the NCI Surge
- Global Price Impact: The recent uptick in the NCI is primarily influenced by a temporary rise in global coal prices, which has reverberated in the Indian coal market.
- Seasonal Demand: With the festive season and winter approaching in India, the demand for coal has risen, prompting coal producers to boost domestic production to meet the growing energy needs.
- Power Sector Growth: India has experienced a surge in coal demand, particularly from the power sector, driven by increased electricity requirements.
- Continued Coal Imports: Power plants have continued to import coal as part of the coal blending mandate set by the power ministry.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Stable Aurora Arc
Mains level: NA

Central Idea
- Recently, the Indian Astronomical Observatory (IAO) in Ladakh has astounded the world with mesmerizing images of a rare red-colored aurora, known as a Stable Auroral Arc (SAR).
What is Stable Auroral Arc (SAR)?
- Rare Phenomenon: SAR is a unique atmospheric occurrence witnessed during a potent G3-class geomagnetic storm.
- Unconventional Origins: Unlike typical auroras resulting from space borne charged particles colliding with the atmosphere, SAR arcs have a distinct genesis.
- Sign of Energy Flow: SAR arcs signify the transfer of heat energy into the upper atmosphere from Earth’s ring current system, a circular pathway carrying massive electrical currents encircling our planet.
- Geomagnetic Storm Influence: During the recent geomagnetic storm, the ring current was dynamically charged due to prolonged intense geomagnetic activity, leading to the manifestation of SAR arcs.
- Global Impact: This celestial event left its celestial mark across several regions worldwide.
How is it formed?
- Solar Wind Interaction: Aurora formation begins when the sun emits charged particles from its corona, creating solar wind. Upon colliding with Earth’s ionosphere, the mesmerizing aurora takes shape.
- Northern and Southern Counterparts: In the Northern Hemisphere, it’s recognized as the northern lights (aurora borealis), while in the Southern Hemisphere, it’s referred to as the southern lights (aurora australis).
- Magnetic Dance: The varying appearance of auroras in different hemispheres is attributed, in part, to the intricate interplay between the sun’s magnetic field and Earth’s magnetic field.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Contributory Pension Scheme
Mains level: Read the attached story
Central Idea
- A report on Kerala’s contributory pension scheme (introduced in 2013) has been released after a recent Supreme Court verdict.
- This scheme, introduced in 2013, has sparked a debate due to its financial impact on the state.
- Let’s take a closer look at the National Pension System (NPS), Kerala’s pension scenario, and the findings of the review committee report.
NPS: A Quick Recap
- What is NPS? The National Pension System (NPS) is a contributory pension scheme initiated by the Indian government in 2004, extending to various states, including Kerala.
- How It Works: Under NPS, a fund is built from contributions made by employees and employers during their employment. Unlike the previous pension scheme funded by the government, NPS involves purchasing an annuity scheme at retirement, providing the pensioner with an annuity.
Kerala’s Pension Scenario
- Pension Challenges: Kerala faces rising pension liabilities, mainly due to a high life expectancy post-retirement and an increasing number of employees enrolled in NPS.
- Budget Impact: The state allocates a significant portion of its budget to committed expenditure, including salaries, pensions, and interest payments. Pension accounts for 21% of this expenditure.
- Contributions: Employees who joined after April 2013 contribute 10% of their salary (including dearness allowance) to the NPS corpus.
The Review Committee Report
- No Revocation Recommended: The review committee did not recommend scrapping the NPS, stating it was legally sound.
- Alternative Recommendations: It suggested raising the state government’s contribution from 10% to 14% and including dearness allowance at 14%. The report also proposed allowing death-cum-retirement gratuity for NPS subscribers.
Why the Report Supports NPS?
- Long-Term Perspective: The committee viewed pension matters from a long-term perspective, stating that continuing NPS would eventually reduce pension outgo as a share of the state’s GDP.
- Reducing Revenue Deficit: As pension outgo decreases, the share of revenue deficit also falls, freeing up resources for capital spending and social services.
Arguments against NPS in Kerala
- Low Annuities: Retirees under NPS have reported receiving meager annuities compared to the old pension scheme.
- Market Risks: Concerns exist about the impact of stock market crashes on NPS investments, as contributions are invested in various assets.
- Demand for Reintroduction: Some states have reintroduced statutory pension schemes due to employee demand.
Conclusion
- The review report favors retaining NPS in Kerala, emphasizing its long-term financial benefits.
- However, concerns about low annuities and market risks persist, prompting some states to consider returning to the old pension scheme.
- The debate over Kerala’s contributory pension scheme continues amid financial and welfare considerations.
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Note4Students
From UPSC perspective, the following things are important :
Prelims level: Election Expenditure in India
Mains level: Read the attached story
Central Idea
- Campaign financing plays a pivotal role in democratic societies, yet the approach to regulating it must be tailored to the nuances of each country’s political system.
- As exemplified by the United States and India, where political dynamics vary significantly, it is imperative to adopt a framework that aligns with the prevailing political landscape.
Tap to read more about Ceiling on Election Expenditures in India
https://www.civilsdaily.com/news/election-campaign-funding-by-political-parties/ |
Understanding Political Systems:
- US Individual-Centric Elections: In the United States, elections revolve around individual candidates and their campaign machinery, even at the national presidential level.
- India’s Party-Centric Politics: Conversely, India, akin to most parliamentary systems, places political parties at the core of electoral politics. Therefore, India’s campaign finance framework should primarily focus on parties rather than individual candidates.
Key Aspects of an Effective Framework:
A comprehensive campaign finance framework necessitates attention to four critical facets: regulating donations, imposing expenditure limits, public financing, and disclosure requirements.
(A) Donations:
- Regulation and Limitation: To prevent undue influence, some individuals or organizations, such as foreign entities, may be prohibited from making contributions.
- Donation Limits: Donation limits are crucial to thwart the dominance of a few major donors, be they individuals, corporations, or civil society organizations. For instance, the US employs varying contribution limits based on donor types, while the UK relies on expenditure limits.
(B) Expenditure Limits:
- Balancing Political Competitiveness: Expenditure limits serve as a bulwark against a financial arms race among political parties, allowing them to focus on winning votes rather than fundraising.
- Examples: In the UK, political parties are restricted from spending more than £30,000 per contested seat. However, the US’s expansive interpretation of the First Amendment has hindered efforts to impose expenditure limits.
(C) Public Financing:
- Two Approaches: Public funding can be allocated based on predetermined criteria, like Germany’s system that considers past votes, membership fees, and private donations. Alternatively, democracy vouchers, as seen in Seattle, USA, allow voters to allocate public funds to candidates of their choice.
- Challenge: Public funding may complement private donations but does not fully address the task of regulating private money.
(D) Disclosure Requirements:
- Balancing Transparency and Anonymity: Disclosure nudges voters away from electing politicians involved in quid pro quo arrangements. However, mandatory disclosure isn’t always desirable, as it may deter donations by exposing donors to retaliation.
- Anonymity’s Role: Anonymity can protect donors from retribution or extortion. Striking a balance between transparency and anonymity is a challenge faced by many jurisdictions.
Chilean Experiment: Complete Anonymity?
- Chile’s “Reserved Contributions”: Chile’s system aimed at “complete anonymity” allowed donors to contribute to political parties via the Electoral Service, which forwarded the sum without revealing the donor’s identity.
- Coordination Challenges: Despite the intent for complete anonymity, coordination between donors and parties compromised the system’s efficacy.
Balancing Transparency and Anonymity in Political Finance
- An Effective Approach: Many jurisdictions strike a balance by allowing anonymity for small donors while mandating disclosure for large donations.
- Examples: In the UK, political parties must report donations exceeding £7,500 in a year, while the US and Germany set limits at $200 and €10,000, respectively.
- Rationale: Small donors typically have less influence and are more vulnerable to partisan victimization, while large donors may engage in quid pro quo arrangements.
Challenges in India’s Framework
- Lack of Donation Limits: India has no limits on individual or corporate contributions, and the 2017 Finance Act removed official contribution limits.
- Expenditure Limits: Parties can spend freely, albeit not on individual candidates.
- Disclosure Requirements: Parties are only obligated to disclose donations exceeding ₹20,000, creating a loophole as they split large donations into smaller amounts.
- Electoral Bonds: Since 2017, electoral bonds have allowed large donors to hide their contributions.
Changing Dynamics in Indian Politics
- Involvement of Third Parties: India has witnessed a surge in the engagement of political consultancies, campaign groups, and civil society organizations in political campaigns, mirroring trends seen in the US.
- Need for Rethinking: The evolving political landscape necessitates a reevaluation of India’s 20th-century political funding framework.
Conclusion
- Crafting a campaign finance framework requires an astute understanding of a nation’s political system and its nuances.
- By adapting strategies that regulate donations, impose expenditure limits, facilitate public financing, and balance transparency with anonymity, countries like India can ensure that their campaign finance frameworks evolve to meet the challenges of the modern political landscape.
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