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Day: October 27, 2018
9 PM Current Affairs Brief – October 27th, 2018
7 PM Daily Editorials Brief – October 27th, 2018 (GM Crops in India: Issues and Challenges)
Read In-depth analysis of all the Editorials here Source: GEAC approves field studies of GM mustard on honey bee Analysis : GM Crops in India: Issues and Challenges
The many things that Lamin B2 can do
The many things that Lamin B2 can do For the first time, nuclear protein lamin B2, which plays an important role in maintaining the structure and function of the nucleus, has been found to determine the morphology and function of the nucleolus, a roundish entity found inside the nucleus. The nucleolus makes ribosomal ribonucleic acid… Continue reading The many things that Lamin B2 can do
Cautious optimism
Cautious optimism Context The Economic Survey underscores the need to maintain fiscal credibility The Economic Survey underscores the need to maintain fiscal credibility The Economic Survey for 2017-18 paints the picture of an economy that gives reason for both optimism and caution. GDP growth could accelerate It projects that GDP growth could accelerate to 7-7.5% in 2018-19, from… Continue reading Cautious optimism
Incidence of open defecation falls sharply
Incidence of open defecation falls sharply Context The number of people defecating in the open in rural India had reduced to less than half of what it was in 2014, according to the Economic Survey, claiming success in rural sanitation due to Swachh Bharat Mission (SBM), the flagship scheme of the Centre. 90% of those… Continue reading Incidence of open defecation falls sharply
Address rent control, vacancy
Address rent control, vacancy Context The government needs to address issues such as rent control and unclear property rights rather than focussing on building more homes under its scheme to provide ‘Housing for All’ by 2022, according to the Economic Survey 2017-18. Survey urges focus on contract enforcement, unclear rights Need to take a more… Continue reading Address rent control, vacancy
Household cash savings dip 250%
Household cash savings dip 250% Context Following the demonetisation exercise, Indian households are moving away from savings in cash to financial assets, the Economic Survey for 2018 pointed out ‘Shift to financial assets post note ban’ Commenting that the pattern of household savings was significantly different in 2016-17 as compared with the previous five years,… Continue reading Household cash savings dip 250%
Climate change may hit farm income
Climate change may hit farm income Context The Economic Survey 2017-18 said farmer income losses from climate change could be between 15% and 18% on an average, rising to anywhere between 20%-25% in unirrigated areas of the country. Technologies like drip irrigation hold key to future of agriculture; ‘replace power subsidy with DBT’ “[The] Prime Minister’s… Continue reading Climate change may hit farm income
Tax litigation taking toll on economy
Tax litigation taking toll on economy Context Less is more said the Economic Survey released on Monday when it comes to appeals by the income tax department for both direct and indirect tax cases. Income Tax Department is the biggest litigant but loses 85% of cases, says Survey Faced with a success rate that is… Continue reading Tax litigation taking toll on economy