Thursday, May 28, 2020

Scanned Notes and Strategy Tejasvi Rana Rank 12 (Economics Optional Marks – 325, CSE-2016)

SCANNED NOTES

Evernote link for strategy and notes: click to download
Google Drive link for scanned notes: click to download
Google Drive link for relevant documents: click to download

Paper1

My score jumped form 89 in 2015 to 173 in 2016. I think greater clarity of models that comes with re-readings facilitated this jump. Apart from that, I did not shy away from trying different tricks and techniques to improve presentation of my answers. These I have discussed topic wise.

Daily Current Affairs, 28th May 2020

vision ias current affairs

VisionIAS 17:56

1) Fitch forecasts India’s GDP growth rate to contract 5% in FY21

•Amid Novel Coronavirus pandemic, rating agency Fitch Ratings has released its its latest Global Economic Outlook (GEO). In its Global Economic Outlook, the rating agency has forecasted the GDP growth rate of the world and individual countries.

•According to the Global Economic Outlook, the rating agency Fitch Ratings has slashed India’s GDP growth rate to 5% for the Fiscal Year 2021, citing the slowdown in economic activities and very stringent lockdown policy. While the Global GDP growth rate has been forecasted to fall by 4.6% in 2020.

2) S&P forecasts Indian economy to contract 5% in FY21

•S&P Global Ratings has slashed India’s GDP growth rate to 5% in the Fiscal Year 2021. The reduction in the growth rates has been made due to slump in the economic activities in the whole country amid lockdown imposed to contain Covid-19 pandemic.

•S&P Global Ratings stated that two months of lockdown have led to a sudden stop in the economy which has led to contaraction in the GDP growth rates of the present fiscal year.

3) NPCI rolls out AI virtual Artificial Intelligence assistant PAi

•An Artificial Intelligence (AI) based chatbot “PAi” has been launched by the National Payment Corporation of India (NPCI). This chatbot has been rolled out to create awareness around NPCI’s products such as FASTag, RuPay, UPI, AePS on a real time basis, hence improving the digital financial inclusion in India. The chatbot “PAi” has been developed by Bengaluru based startup CoRover Private Limited.

•The AI virtual assistant “PAi” would have access to accurate information on products of NPCI and would be available round the clock to solve the queries of the customers in English and Hindi, via text or voice on the websites of NPCI, RuPay, and UPI Chalega. It would also be available to global RuPay Cardholders as well. PAi will give verified automated responses to the customer’s queries on all NPCI’s products.

4) IAF inducts Tejas Mk-1 FOC aircraft in Squadron “Flying Bullets”

•Tejas Mk-1 FOC aircraft has been inducted by the Indian Air Force (IAF) into the recently resurrected No 18 Squadron the “Flying Bullets” at Air Force Station Sulur. Tejas Mk-1 FOC is a single engine, light weight, highly agile and all weather multi role fighter aircraft. The aircraft is capable of air-to-air refueling and hence makes the Squadron the first in the IAF to induct this platform.

•Chief of the Air Staff (CAS) Air Chief Marshal RKS Bhadauria operationalised the Squadron. The Squadron comes under the operational control of Southern Air Command and hence it will responsible for the integration of the Squadron into the IAF Concept of Operations. The Tejas Mk-1 FOC aircraft is India’s indigenous fighter aircraft and hence marks an important milestone in the country’s indigenous fighter aircraft program along with providing significant boost to the ‘Make In India’ initiative.

5) Marcos Troyjo elected as next President of NDB

Marcos Troyjo has been elected as next President of New Development Bank (NDB). He was unanimously elected during the Special Board of Governors meeting of the NDB which was held through the video-conference. He will be taking charge as the President of NDB from July 7, 2020. India was represented by the Union Minister of Finance & Corporate Affairs Nirmala Sitharaman in the video-conference.

The prime objective of the meeting of Special Board of Governors meeting of the New Development Bank was the election of next President of NDB including the appointment of Vice-President, Chief Risk Officer and the membership expansion. Following appointments were made during the virtual conference:

•Marcos Troyjo from Brazil has been elected as next President of NDB.
•Anil Kishora from India has been elected as next Vice President and CRO of the NDB.

6) SN Rajeswari becomes new CMD of Oriental Insurance Company

•New India Assurance, General Manager, SN Rajeswari, has been selected as the Chairman and MD of the Oriental Insurance Company (OIC) by Banks Board Bureau (BBB). She will replace AV Girija Kumar, who retiring this month end after reaching 60. BBB had conducted virtual interviews of five senior general managers of the public sector general insurance industry, with two years of residual services untill May 2022,to select a CMD of OIC.

•Rajeswari is a qualified charted accountant and currently the second senior-most GM of the public sector general insurance industry and would be retiring in May 2022. She had started her career as an insurer with the Chennai base United India Insurance(UII) and was later shifted to NIA as a deputy general manager(DGM).

7) Airtel Payments Bank team up with Mastercard for farmers, SMEs

•Airtel Payments Bank has collaborated with Mastercard to create customised financial products for Indian farmers and Small and Medium Enterprises (SMEs). These financial products particularly for those territories where there is less access to bank administrations. The coordinated effort will unite Mastercard’s worldwide and nearby involvement with developing advanced financial solutions and Airtel Payments Bank’s circulation system to arrive at the last mile and its large customer base.

•The association targets constructing a computerized stage which gives farmers information about advanced farming techniques and association with commercial centres, while at the same time empowering them to receive payments directly in their Airtel Payments Bank account.

8) Flipkart signs MoU with Karnataka Mango Board to support mango farmers

•India’s leading web-based business commercial centre Flipkart has signed a Memorandum of Understanding (MoU) with Karnataka State Mango Department and Marketing Corporation, to empower mango farmers to sell their produce online. This association will give farmers the genuinely necessary market access to shoppers, making a potential income stream during these testing times of coronavirus.

•As a part of the MoU, Flipkart will give its marketplace platform to the Mango Board farmer producer associations/venders, cultivators and dealers by selecting them on the platform. Flipkart has collaborated with different Fast-moving consumer goods (FMCG) and retail organizations to welcome a more extensive scope of essentials on its platform. With this association, the organization invasions into the farmer producer organisation’s community further adding to supporting the jobs of mango producers and the farmer community.

9) JK Rowling to release her latest book “The Ickabog”

•The “Harry Potter” author, JK Rowling will release her latest book, “The Ickabog”, online for free, for the children during this lockdown period. The Ickabog’ is a story about truth and the abuse of power.

•The first two chapters of The Ickabog are available for free. Rowling has pledged to donate all royalties when the book is published to “groups who’ve been particularly impacted by the pandemic.”

The HINDU Notes – 28th May 2020

the hindu notes

VisionIAS 10:11

📰 India should pull out forces from Kalapani: Nepalese Foreign Minister Pradeep Kumar Gyawali

‘We had pressed India for a meeting between the Foreign Secretaries. But that did not happen’

•India should withdraw security forces from the Kalapani region and restore status quo, Nepalese Foreign Minister Pradeep Kumar Gyawali said on Wednesday.

•He said a solution to the border dispute should be found urgently, even as Indian sources confirmed that they were closely monitoring the debates in Nepal’s Parliament to provide a constitutional guarantee to the new map that shows the disputed region as part of Nepal’s sovereign territory.

•“We want India to honour the letter and spirit of the [Sugauli] Treaty. The most appropriate way of doing this would be to withdraw security forces from Kalapani and hand over the above territories back to Nepal. We merely reiterated that unilateral acts like road construction in Nepal’s territory should not have been done, and the issue should be resolved through talks at the earliest,” Mr. Gyawali said in an interview to The Hindu.

•Mr. Gyawali said Nepal appreciated the ties it shares with India but was disappointed with the November 2019 political map of India that brought the issue back to the table. “The map is a breach of the 1997 understanding that both sides had reached during the Kathmandu visit of Prime Minister I.K. Gujral,” he said.

•The comments from the senior Minister of the government of Prime Minister K.P. Sharma Oli came as the Nepalese government gave more time to the main Opposition Nepali Congress to discuss a proposed amendment to the Constitution. The move is being interpreted as a window of opportunity for diplomacy. However, Mr. Gyawali said the amendment was on track and expected to be fast-tracked in the coming days.

•India has taken note of the parliamentary debates, with informed sources saying the South Block is “carefully following” the developments in Nepal. South Block’s concerns about the Kalapani region is of particular significance as the Lipulekh pass in the region connects India with Tibet.

•“Border issues are sensitive and require trust and confidence to be resolved to the mutual satisfaction,” said a source, indicating a change in thinking. Earlier, officials had said India would consider discussion on the Kalapani issue after the COVID-19 pandemic was dealt with.

Text of the interview:

Do you think Nepal can still negotiate flexibly after the new map is given constitutional guarantee?

•The Constitution is the fundamental law of the land. The Constitution has to recognise the country’s salient features, including territory. Every country’s Constitution stipulates the provision pertaining to territory in one way or the other. The measures we have taken lately in assertion of our sovereign territory does not at all preclude settlement of boundary matters through talks.

Did India deny high-level appointments to the Nepal Ambassador in Delhi?

•Nepal’s effort has always been for early holding of the dialogue. Even before the COVID-19 crisis started, we pursued with the Indian side for fixing the dates of the meeting of the Foreign Secretary-level mechanism that was mandated by the Prime Ministers of the two countries to work on the outstanding boundary issues. That did not happen, as there was no confirmation from the Indian side. On your question about our Ambassador’s meeting with the officials in Delhi, the situation is not like the way it is presented in some media.

Nepal’s position is based on the Sugauli Treaty. Do you think an agreement between Nepal’s rulers of the early 19th century and a commercial entity like the East India Company can be considered the cornerstone of diplomatic disputes in the 21st century?

•Historical documents should not be seen in that way. In fact, the Sugauli Treaty was a product that came up after Nepal lost wars with the British India. It is not at all a matter of pride for Nepalis to recall the Treaty, as Nepal lost nearly one-third of its territory. Nonetheless, the fact cannot be denied that the same treaty defined the boundary between the two countries in the area we are talking about. It is also pertinent to mention here that modern boundary mapping by the joint survey teams of the two countries started in 1981 and through that nearly 25-years-long joint exercise, the survey teams were able to jointly prepare maps of most of the international boundary alignment between the two countries. On what basis did the survey teams do that exercise? Of course, on the basis of historical treaties and maps and documents, geographical attributes and other agreeable basis of international boundary delineation. Again, except the Sugauli Treaty and its subsequent agreements, including that of 1860,

no other treaty between Nepal and India define our boundary. Where will we reach then discarding this historical document? As regards the status of the territories in question, these are Nepali territories as per the Sugauli Treaty and we have evidence to prove that.

Chinese forces have moved in Ladakh along India's Himalayan borders to assert its dominance. Is it all coincidental that the Kalapani dispute erupted more or less simultaneously?

•Nepal pursues an independent foreign policy and the policy of close and friendly relations with both of our neighbours. It is totally baseless, therefore, to link our independent decisions with developments elsewhere. Why is it ignored that when India published its new political map in November 2019, we firmly opposed and made public our views against the unilateral act and insisted again that the dispute be resolved through talks? And this time, when there was an announcement on the unilateral act of road construction, we were bound to raise our point. Therefore, the tendency of ignoring how the issue evolved and weaving, instead, a baseless narrative that Nepal is acting at the other’s behest is not helpful and may distract us from a more constructive approach of tackling the issue. We are doing a disservice to our relations by such a negative insinuation and by ignoring and brushing aside the real issue, which is early working for agreeable boundary alignment in the Kalapani-Lipulekh-Limpiyadhura region.

Can a swap between Susta and Kalapani be an acceptable solution to Nepal?

•I know people are most interested in this question; the question of how this contesting claims on territory can be settled. Only the outcome of talks would determine the nature and content of the future agreement. It is apparent that resolution may not be easy, but there is no other way than settle it respecting the historical facts and evidence. In Nepal and India, everyone with the knowledge of history and geography knows Kalapani, together with Lipulekh and Limpiyadhura, belongs to Nepal. We cannot deny this fact. What we are asking for is early convening of bilateral talks to resolve this issue in keeping with traditionally warm and cordial ties that exist between our two close neighbours.

What is the status of the Susta dispute. Can you please state the latest negotiating position of Nepal on this issue?

•It is well known that Susta is one of the two spots where the boundary alignment between the two countries remains to be agreed. In the rest of the 1,800-odd-km Nepal-India international boundary, as I already stated, a joint survey has been done, agreed maps have been prepared and initialled at the level of survey chiefs of the two countries. In Susta, as in Kalapani, the understanding between the two countries is to maintain the status quo until an agreement on boundary alignment is reached.

The strong protest from Nepal after India inaugurated the Lipulekh link road has surprised many observers.

•There is no element of surprise in our statement. As you are aware, the territories east of Kali River, including Kalapani, Lipulekh and Limpiyadhura, belong to Nepal as per Article (V) of the Sugauli Treaty. We want India to honour the letter and spirit of the treaty. You may recall that Nepal had opposed when India published a new political map in November 2019 and urged the government of India to rectify the map. The most appropriate way of doing this would be to withdraw security forces from Kalapani and hand over the above territories back to Nepal. We merely reiterated that unilateral acts like road construction in Nepal’s territory should not have been done and the issue should be resolved through talks at the earliest.

Nepal and China signed almost 20 agreements last October. A cargo agreement has been operationalised on Monday. What are Nepal's long-term connectivity plans through China?

•As stipulated in the Trans-Himalayan Multidimensional Connectivity Network, our connectivity agenda with China encompasses transport infrastructure, transit arrangements and transmission infrastructure, among others. With India, we already have a vast network of connectivity that includes road connection which is being further upgraded; railway connection under progress; integrated checkposts; transit arrangements and port facilities, transmission interconnection and lately, the planned waterways. The agenda of a transit treaty review is on in order to make transit arrangement more streamlined. The Railway Service Agreement is also being reviewed to further expand its scope. So, Nepal looks to both its neighbours when it comes to connectivity.

Nepal’s Defence Minister Ishwor Pokhrel has drawn the Gurkhas of the Indian Army into the controversy saying the Indian CoAS’ comments are an insult to the Nepali Gurkha soldiers working in the Indian Army.

•He may simply have been referring to a feature of arrangements that a number of Nepali nationals have been serving in the Indian Army and have made sacrifices for India’s peace and well-being, thereby emphasising that India should be sensitive to Nepal’s concerns.

PM Oli’s comments on Indian symbols like the Ashokan lions were unexpected. Can you provide some context to these expressions?

•A bit of clarity is needed here. In fact, the Prime Minister in his statement was elevating the dignity of India’s national emblem by underlining the sanctity of Satyameva Jayate. He was simply saying: let the truth prevail, not our ego and arrogance. One pertinent point I would like to mention here is that with a view to making Nepal-India relations reflective of the 21st century needs, we established the Eminent Persons Group on Nepal-India Relations (EPG-NIR). After a detailed study, deliberations and consultations for over two years, the EPG-NIR has come out with a consensus report. It is waiting for the submission of the report to the two governments. I believe that the implementation of their recommendations will help address some of the difficult issues left by history and enrich the substance of our relationship consistent with the present day realities.