Ashna Sisodia is teaching live on Unacademy Plus
THE HINDU The Hindu killer Series for UPSC 2019 June 2018 - Weekly Magazine Presented by Ashna Sisodia THE HINDUU THEHINDU olved. NCS vetey tw GST stalemate res rollout deferred to July 1
ASHNA SISODIA Verified Educator at Unacademy and teaching since October 2016 Appeared in UPSC CSE Mains 2017 and scored 140 marks in Essay and 110 each in GS Paper 2 and 3 each. . Scored 125+ in Prelims 2017 From Chandigarh, India and CSE Btech from UIET . Courses Made so Far India Yearbook 2016, 2017and 2018 Learning maps quickly in 25 Lessons Current Affairs Course on Env, Internal Security and Social Issues Crash Course on Geography, History and International Organizations - Course on Polity Part V, PRIs and International Relations https://unacademy.com/user/AshnaSisodia
WEEK 2-( 11 JUNE-18 JUNE) IIDIT THE HINDU Stay Ahead of The Times
Pradhan Mantri Matru Vandana Yojana PMMVY Paper 1: Topic: Women related issues. . Why in News? Auge in pleenin hemenicy hereltf rn Mantri Matru Vandana Yojana (PMMVY), the government has finally made some headway and provided cash incentives to nearly 23.6 lakh beneficiaries out of an estimated 51.6 lakh a year. aida
About PMMVY: . previously known as Indira Gandhi Matritva Sahyog Yojana (IGMSY) maternity benefit program run by the government of India. . implemented by the Ministry of Women & Child Development * conditional cash transfer scheme for pregnant and lactating women of 19 years of age or above for first two live births . Centrally Sponsored Scheme 60:40, for North-Eastern States & three Himalayan States, it is 90:10 and 100% Central assistance for Union Territories without Legislature. . partial wage compensation to women for wage-loss during childbirth and childcare and to provide conditions for safe delivery and good nutrition and feeding practices In 2013, the scheme was brought under the National Food Security Act, 2013 to implement the provision of cash maternity benefit o 6.000 stated in the Act. .
Working capital loan norms to be tightened Paper 2: Topic: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. . Why in News? The Reserve Bank of India (RBI) has proposed a minimum 40% loan component for working capital funding of ?150 crore and above to bring in greater credit discipline and improve monetary transmission. This will come into effect from October 1 and will be increased to 60% from April 1, 2019. Background: Currently, working capital is mostly in the form of cash credit for which interest rate is reset once a year. - cash credit does not have a tight repayment schedule.
The proposed new norm will address the following issues: - If there is a loan component then there will be a repayment schedule which will put pressure on borrowers to manage their liquidity. Since the loan component will have a fixed tenure, the reset clause can be invoked at the end of each tenure period. Significance of the move: . By making it mandatory to have a loan component associated with all working- capital facilities, it will be easier to control the possible volatility which arises on account of cash credit limits
Credit enhancement fund .Why in news ? The government is likely to launch a Rs 500-crore credit enhancement fund next month to facilitate infrastructure investments by insurance and pension funds About the proposed fund: first announced in the financial budget for fiscal year 2016-17 help in upgrading credit ratings of bonds issued by infrastructure companies and facilitate investment from investors like pension and insurance funds. The initial corpus of the fund, to be sponsored by IIFCL (India Infrastructure Finance Company), will be Rs 500 crore will operate as a non-banking finance company. IIFCL will hold a 22.5% stake in the NBFC, while the Asian Infrastructure Investment Bank (A11B) has offered to pick up a 10% stake. State-run SBI, Bank of Baroda and LIC will also have stakes in the firm
Need for a dedicated fund: . At present, only $110 billion is being invested in infrastructure, against a requirement of $200 billion, leading many analysts to classify India as an infrastructure deficit country. At present, the banking system does a bulk of infrastructure project financing and exposes itself to asset liability management (ALM) mismatches and hence, alternatives like raising of money through corporate bonds is necessary. . Also, bank lending to the infra segment has slowed down in the past few years and the annual growth rates plummeted to 3% between FY14 and FY17, against 43% from FY2000 to FY13. The NPAs from the segment have also ballooned to 9% in FY 17, from 3% in FY13.
KATRIN experiment Why in news? Researchers in Germany with the Karlsruhe Tritium Neutrino experiment have started collecting data to determine the mass of the universe's lightest particle neutrino. Those are sometimes called "ghost particles" because they're so difficult to detect . Background: - Determining the mass of neutrinos is one of the most important open questions in particle physics and will help scientists better understand the history of the universe