Social issues Reimagining the OBC quota: (The Hindu, Editorial) Regardless of the political impulse that led the government to announce creation of a committee to look into sub-categorisation of Other Backward Classes (OBC), it provides an opening to ensure social justice in an efficient manner. Population and poverty What does the wage data say about the economy?: (Live Mint, Editorial) The deceleration in real agricultural wages not only confirm the worsening demand situation in rural areas but also confirm the lack of job creation in rural areas.
India and neighbors Rohingya have terror links: Centre: (The Hindu) The Centre told the Supreme Court that the Rohingya were a serious threat to national security with links to terror outfits, such as the Islamic State, and those in Pakistan and other countries. International groupings and agreements Gauging the status quo: (The Hindu, Editorial) The Brazil, Russia, India, China and South Africa grouping (BRICS) has since long ceased to be of material significance as multilateral institutions go. From naysayer to leader: (Indian Express, Editorial)
As old ideological divisions break down at the UN, Delhi must take the lead in promoting practical solutions to international challenges.
Infrastructure and investment models Norms eased for fund raising by REITs, InvITs: (The Hindu) The Securities and Exchange Board of India (SEBI) has relaxed the guidelines for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in order to broaden the scope of fund raising by such instruments. High-speed rail and modernization of Indian Railways: (Live Mint, Editorial) High-speed rail is a wonderful opportunity to move multiple levels in technology in one go and thereby bring a sea change in the speed and safety of rail travel. Indian Economy. Planning, Growth and Employment Questions about the GST cess: (The Hindu, Editorial) As part of the Goods and Services Tax (GST) reforms, a new levy called the GST Compensation Cess has been introduced to make good apprehended losses to States in the first five years of GST implementation. Banking on merger: (Indian Express, Editorial)
Urgency on bank consolidation is welcome. But it must not distract from the bad loans mess, or problems of governance.India’s economy: dark clouds and silver linings: (Live Mint, Editorial) India may see a small cyclical recovery in the months ahead. However, a sustainable recovery will depend on investment activity. Pollution and conservation A case for continued support for green energy: (Live Mint, Editorial) Undoubtedly, a good policy framework has to have sunset clauses for incentives but withdrawals must also be nuanced and gradual.
Prelims Related Facts
How Tez works: Google Tez is a mobile wallet based on the Unified Payments Interface (UPI) platform built by the National Payments Corporation of India (NPCI).