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19th September 2017 Part-2:Daily News Analysis
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Shell Companies

Jatin Verma is teaching live on Unacademy Plus

Jatin Verma
Have appeared in UPSC CSE thrice. Have been taking Unacademy Plus courses Academics- Polity, Economics & Current Affairs.

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Unacademy user
I think both play 50 - 50 role
no-confidence motion is concerned it is not mentioned anywhere in the Constitution but rather under Lok Sabha rules - Rule 198 . Any member can ask for the leave (meaning permission) of the House for consideration of the motion. If 50 or more members support, leave of the House is granted. Then date and time of the motion is decided by the Speaker when the motion is discussed and voted upon. If the motion is passed the Council of Ministers must resign. and article 75 states that council of Ministers shall be collectively responsible to lok sabha both options are correct because it is only for lok sabha. b) anti deflection law comes under schedule 10 which was made by ammendment 52th in 1985 states that if any mp/mla/mlc go against their party and whip can issue a notice against all those then according to this law they would be disqualified
Ashish Pandey
2 years ago
grt job bro..
Is M laxmikant and P M bakshi books are enough for polity basics ??
Himanshu Paliwal
2 years ago
NCERT's are enough just for basics...and very easily explained
Aishwarya Mishra
2 years ago
already done with it .. that was enough ??
Shashank jain
2 years ago
ncret are enough to clear your basics and then read only m. laxmikant that is d best ever source for polity read 2-3 times m. laxmikant
Sarwan Singh
2 years ago
lakhmkant... very easy language nd no need for making notes
Sarwan Singh
2 years ago
lakhmkant... very easy language nd no need for making notes
Q1.1.The term No confidence motion is NOT mentioned in the constitution however art. 75 states that council of ministers shall be collectively responsible to lok sabha. 2.Motion can be introduced in Lok sabha only. Q2.10th schedule deals with Anti defection Law.
Sir, please read or search about the need of west asia policy , it can come in the form of question . Just inter-linking the east asia and japan's indo-pacific strategy.
SIR aap ki dhmki bht pyari hoti h aapki dant sunte hi dimag teji se work krne lgta h :)
  1. DAILY NEWS ANALYSIS from THE HINDU 19TH September 2017 By Jatin Verma Educator Unacademy


  2. Page-14: Norms eased for fund raising by REITs, InvlTs.[GSM-3: Infrastructure] The Securities and Exchange Board of India has relaxed the guidelines for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvlTs) in order to broaden the scope of fund raising by such instruments. The board of SEBl decided to allow REITs and InvITs to raise capital by issuing debt securities while also giving approval for the former to lend to an underlying holding company or a special purpose vehicle (SPV) The regulator also allowed single-asset REITs on similar lines as InvlITs while amending the definition of 'valuer' for both REITs and InvITs. REITs allow investors to invest in real estate, while InvlTs allow one to invest in infrastructure projects. Market participants said the relaxation would help these investment products gain traction as only a few entities have so far managed to raise such funds. On the BSE, only two InvITs, India Grid Trust & IRB InvIT Fund, are listed.


  3. Real Estate Investment Trust REIT': A REIT is a type of security that invests in real estate through property or mortgages and often trades on major exchanges like a stock. REITs provide investors with an extremely liquid stake in real estate.They receive special tax considerations and typically offer high dividend yields. An Infrastructure Investment Trust (InvITs) is like a mutual fund, which enables direct investment of small amounts of money from possible individual/linstitutional investors in infrastructure to earn a small portion of the income as return. InvITs work like mutual funds or real estate investment trusts (REITs) in features. InvlTs can be treated as the modified version of REITs designed to suit the specific circumstances of the infrastructure sector. Holding Company: A holding company is a parent corporation that owns enough voting stock in another company to control its policies and management.


  4. Holding Company Vs. Subsidiary Company Holding Company[51 %+] Subsdiary Co. B CEO-B Transmission Subsdiary Co. A CEO-A Subsdiary Co. C CEO-C Generation Distribution


  5. Telecom industry: Tower, Telephone Exchange(Active service), Distribution.


  6. Transmission & Distribution losses: Hiving off Unbundling of Power sector


  7. Page-l: Former PM Manmohan flays note ban, 'hasty' GST rollout. Former PM Dr. Manmohan Singh again said demonetisation and "hasty" implementation of GST adversely impacting GDP growth. e Dr.Singh, who had previously cautioned against note ban shaving off 2 per cent of GDP, said demo netisation of 86 % of the currency in circulation and the hasty implementation of the Goods and Services Tax (GST) have impacted informal and small scale sectors, which account of about 40% of the $ 2.5-trillion economy. Ninety per cent of India's employment is in the informal sector. On November 25 2016,some two weeks after old 500 and 1,000 rupee notes were junked, Dr Singh had in his Parliament speech termed demonetisation a "monumental mismanagement", "organised loot" and'legalised plunder" which would cause GDP growth to fall by 2%. GDP growth in the first quarter of current fiscal slumped to a three-year low of 5.7 %, down from 7.9 % in April-June quarter of 2016. In January-March quarter, the growth declined to 6.1% from 8 % in the year-ago quarter . The government had blamed de-stocking ahead of the rollout of the Goods and Services Tax (GST) from July I as the primary reason for the fall in the GDP growth rate


  8. Page-LRohingyahaveterrorlinks:Centre before S.C [GSM-2: Polity] I. In its affidavit, the government accused the Rohingya of taking advantage of the porous borders 2. 3. in the east with organised smuggling of people, human trafficking and hawala operations. Many of them have acquired fake Indian identity such as PAN cards and voter ID cards. The Centre said an organised illegal influx of Rohingya into India was happening through Benapole-Haridaspur (West Bengal), Hilli (West Bengal) and Sonamora (Tripura), Kolkata and Guwahati 4. 5. Allowing the Rohingya to stay might kindle ethnic tensions in the northeastern State. Many of the Rohingya figure in the suspected sinister designs of ISI/ISIS and other extremist groups who want to achieve their ulterior motives in India, including that of flaring up communal and sectarian violence in sensitive areas. The Rohingya, with militant background, were found to be very active in Jammu, Delhi, Hyderabad and Mewat, it said. Radicalised Rohingya may cause violence on Indian Buddhists. But mostly, the government feared that the "illegal immigrants" would exhaust the national 6. 7. resources Now, the Supreme Court will take a call on Rohingya


  9. Page-l:Shell shock: Govt. 'names and shames' directors. [GSM-2: Money Laundering] In a first-of-a-kind name and shame' exercise, the Ministry of Corporate Affairs (MoCA) has begun making public the lists of disqualified directors across the nation as well as those associated with struck-off companies. This follows a MoCA statement on September 12 that as on that day, it had identified 1.06 lakh directors of'shell companies' for disqualification under the relevant provisions of the Companies Act, 2013. The move is part of actions to break the network of'shell companies' and further the fight against black money/money laundering.


  10. Page 1+10:T.N. Speaker disqualifies 18 rebel AIADMK MLAs IGSM-2: Polity & Governance: State Legislature- Speaker] Chief Government Whip recommended to the Assembly Speaker the disqualification of 19 AIADMK MLAs, owing allegiance to another faction within the Party. The 19 MLAs had withdrawn their support to incumbent Chief Minister The act of these MLAs amounted to defection as per the Tenth Schedule of the Indian Constitution The Govt whip cited Section 6 of the Members of the Tamil Nadu Legislative Assembly (Disqualification on Ground of Defection) Rules, 1986 (3) (a) of the Constitution they were making efforts to align themselves with a party other than the party from which they . Consequently, the Assembly constituencies held by them have fallen vacant under Article 190 . In his order, Speaker Dhanapal reasoned that the actions of the dissident MLAs only showed that were elected.