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Lecture
1- Quote2- Editorials
3- Current Affair Q4- Subjective Q
5- Vocabulary6- Maps Practice
7- Capital & Currency8-News Analysis
9-Revision
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How the Dollar Impacts Commodity Prices-?Weakening American dollar stokes a rebound in commodities prices.Commodities(माल) such as corn, soybeans, wheat, oil…
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Social revolution in a JAM
Post on Facebook made on the third anniversary of the Pradhan Mantri Jan Dhan Yojana(PMJDY) last week, the Finance Minister reportedly said->Just as GST (goods and services tax) created one tax, one market, one India,
PMJDY and the JAM revolution can link all Indians into one common •financial, economic, and digital space-> No Indian will be outside the mainstream
Minister spoke of these developments as a “social revolution”, perhaps alluding to the feature that the poor are the most direct beneficiaries.
No doubt that eliminating leakage in the transfer of welfare payments and enabling the poor to have bank accounts are worthy objectives, and when achieved should be considered significant-> extend banking services to the poor -> Credit goes to this government that it made this a priority.
But claims of having achieved inclusion by operationalising JAM trinity appear somewhat exaggerated(अतिशयोक्ति).
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A •financial inclusion, in the sense of everyone having a bank account and access to reliable and free electronic payments system, is not the same as economic inclusion.
Because JAM functions in the digital space As the demand for labour is a derived demand, in the sense that it exists only when there is
demand for goods and services, A significant element in ensuring inclusion is to maintain, directly or indirectly, the level of
demand in the economy. Empowerment -> Require public infrastructure on a gigantic scale compared to what we
have now Focus on capabilities Amartya Sen-> We would have achieved a social revolution when we have equipped all
individuals with the essential capabilities.
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This happens when a society has, at a minimum, universal health and education infrastructure accessible to all->
1)-U.P.‟s Gorakhpur district-> 2)-Ghazipur a garbage mountain 3)-Bengaluru to recognise the limits to information technology in solving problems of living. Lakes(Name->?) that are toxic-> Inadequate sewerage make life less than easy in this IT hub aspiring to play •first cousin to
Silicon Valley. Given the extraordinary challenges faced by India in the provision of public infrastructure
ranging from health and education to drainage and sewerage. Social revolution the honourable minister claims for them-> Our social revolution will arrive
when all Indians are empowered through an equality of capabilities.
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Narendra Modi, but his government appears to give false comfort through its claims. Slip-sliding economy Private investment in India has declined steadily over the past few years. Data actually point to a steadily slowing economy with growth having been successively
lower in the past •five quarters. There appears to be a mismatch between the government‟s own assessment of its policies
and the private sector‟s valuation of their worth. The jubilation(आनंदोत्सव) over JAM is an instance(single occurrence) of this.
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For a robust data protection regime
New Bill seeks to protect online users‟ personal data On July 31, government set up a five-member committee chaired by former Supreme Court
judge, Justice (retd.) B.N. Srikrishna, to draw up a draft Data Protection Bill. Bill, if made law, will be India‟s first exclusive statute providing protection to online users‟
personal data from breach by state and non-state players. “government is cognisant (जानकार) of the growing importance of data protection in India. The need to ensure growth of the digital economy while keeping personal data of citizens
secure and protected is of utmost importance.” Recent privacy judgment highlights the committee‟s role in evolving a “robust data
protection regime”. Government has undertaken in the court that the Ministry of Electronics and Information
Technology would work with the panel and hand over all necessary information to itwithin the next eight weeks, after which the latter will start its deliberations(तवचार-तवमशश).
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Committee is expected to submit its report soon. One of the primary guiding factors for the committee would be the exhaustive report
submitted in October 2012 by a group of experts on privacy led by former Delhi High Court Chief Justice A.P. Shah, which was constituted by the erstwhile Planning Commission
New Bill would be based on five salient features: 1)-Technological neutrality and interoperability with international standards; 2)-Multi-dimensional privacy; 3)-Horizontal applicability to state and non state entities; 4)-Conformity(अनुपालन) with privacy principles; and 5)-A co-regulatory enforcement regime.
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Justice Shah group had emphasised on taking the informed and individual consent of users before the collection of their personal data
Most importantly, the report proposed access for users to their personal information held by a data controller.
Users should be able to seek 1)-Correction, 2)-Amendments, or 3)-Deletion of inaccurate information.
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News Analysis…
Page-1,11- Death for two in Mumbai blasts case- March 12, 1993 Trial ends after 24 years; TADA court gives life term to two, including Abu Salem, and 10-
year jail to one
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Page-1,10- U.S. backs sale of fighters to India Congress told of strategic importance The Trump administration has told the U.S. Congress
that it “strongly supports” the sale to India of F-18 andF-16 fighter planes, built by American companies Boeing and Lockheed Martin respectively.
Both companies have offered to assemblethese planes in India, should New Delhi decide tobuy them
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Page-2- Rajasthan education initiatives hailed After the Rajasthan government‟s controversial decision to introduce
the public-private partnership (PPP) model in school education, Human Resource Development Minister Prakash Javadekar on
Thursday praised the education-related initiatives taken in the State. He said the State government had done “commendable works” in the
education sector
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Page-10- PM caps Myanmar trip with visit to Bahadur Shah‟s grave
Prime Minister NarendraModi wrapped up his Myanmar trip on Thursday, visiting the „mazar‟ of the last Mughal Emperor BahadurShah Zafar and the 2,500- year-old Shwedagon pagoda and performing puja at the Kalibari Temple here.
Q-Tomb of Jahangir-?
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Page-10- India keeps o•„Bali Declaration‟ „Reference to Rakhine inappropriate‟ In a show of solidarity with Myanmar, India on Thursday refused to be a part of a
declaration adopted at an international conference here in Indonesia as it carried “inappropriate” reference to the violence in Rakhine State from where 1,25,000 Rohingyahave fled to Bangladesh.
„Bali Declaration‟ adoped at the „World Parliamentary Forum on Sustainable Development‟ held here.
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Page-10- Nirmala Sitharaman sets sights on „Make in India‟ Nirmala Sitharaman who
took charge as the DefenceMinister on Thursday saidher priorities were militarypreparedness, „Make in India‟ and
Welfare of soldiers and their families.
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Page-12- Hurricane Irma turns Caribbean islands into rubble Powerful Hurricane Irma cut
a swathe of deadly destruction as it roared through theCaribbean, claiming at leastnine lives and turning thetropical islands of St. Martinand Barbuda into mountainsof rubble.
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Last Day- Q’s- Ans…
Countries, which isn't the member of " Non -> Proliferation of Nuclear Weapons or NPT "India ->Pakistan ->Israel -> South Sudan -> North Korea
Local Name of Cyclone in Australia -> " Willi Willy "
Intergovernmental Panel on Climate Change ( IPCC) Submitted its 5th Report in 2014 - 15.
Citizenship in the Constitution of India -> Part II -> Article 5 to 11.
Total matters kept in ->Municipality –> 18 -> Panchayati Raj - 29
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Last Day- Q’s- Ans…
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First Silent Movie- Raja Harishchandra- 1913->Directed and Produced by " Dada Sahab Falke ".
Right to Freedom of Press Added under Article 19 (1)(A) of Indian Constitution.
Top 3 Countries in " World Press Freedom Index "(i) Norway (ii) Sweden (iii) Finland-> India - 136th Position
" 38th Parallel Line " -> 'North Korea & South Korea '.
Indian Intercontinental Ballistic Missile -> Agni VI Developed by Defence Research and Development Organisation ( DRDO ).It'll be taller than its predecessor ICBM "Agni V ".