Editorials/Opinions Analyses for UPSC – 26 June 2021

Contents Higher thresholds for Small and Medium Companies The rural economy can jump-start a revival Higher thresholds for Small and Medium Companies Context: The Corporate Affairs Ministry has expanded the turnover and borrowing thresholds for Small and Medium sized Companies (SMC), allowing a larger number of firms to benefit from reporting exemptions under accounting norms. […]

Higher thresholds for Small and Medium Companies

Context: The Corporate Affairs Ministry has expanded the turnover and borrowing thresholds for Small and Medium sized Companies (SMC), allowing a larger number of firms to benefit from reporting exemptions under accounting norms. Relevance: GS-III: Indian Economy (Growth and Development of Indian Economy), GS-III: Industry and Infrastructure Dimensions of the Article: Companies (Accounting Standards) Rules, […]

The rural economy can jump-start a revival

Context: The second wave of the COVID-19 pandemic could be slowly receding with the economy also very gradually getting back to normal. However, the challenge of an economic recovery is far more serious than the health pandemic despite official claims of there being an economic recovery. Relevance: GS-III: Indian Economy (Growth and Development of Indian […]

Current Affairs for UPSC IAS Exam – 26 June 2021

Contents Uttar Pradesh ranked best under Smart Cities Mission Pakistan to stay on FATF ‘greylist’ Tibet gets first bullet train from Lhasa to border India’s first maritime arbitration centre GIMAC Bhutan’s Tax Inspectors Without Borders (TIWB) Uttar Pradesh ranked best under Smart Cities Mission Context: Uttar Pradesh was ranked the best State and Indore and […]

Bhutan’s Tax Inspectors Without Borders (TIWB)

Context: Tax Inspectors Without Borders (TIWB), a joint initiative of the United Nations Development Programme (UNDP) and the Organisation for Economic Cooperation and Development (OECD), launched its programme in Bhutan. India was chosen as the Partner Jurisdiction and has provided the Tax Expert for this programme. Relevance: GS-II: International Relations (India’s Neighbors, Foreign Policies and […]

India’s first maritime arbitration centre GIMAC

Context: The Gujarat Maritime University signed a Memorandum of Understanding (MoU) with the International Financial Services Centres Authority in GIFT City to promote the Gujarat International Maritime Arbitration Centre (GIMAC). Relevance: GS-III: Industry and Infrastructure (Industrial Growth and Industrial Policies), GS-II: (Government Policies and Interventions) Dimensions of the Article: What is GIFT City? About GIMAC […]

Tibet gets first bullet train from Lhasa to border

Context: China started operating the first bullet train line in Tibet, linking Lhasa to Nyingchi near the border with Arunachal Pradesh. Relevance: GS-II: International Relations (India’s neighbors, Foreign Policies and developments affecting India’s Interests) Dimensions of the Article: About China’s Railway Near Arunachal Border China’s push in Border Infrastructure and reasons Steps Taken by India […]

Uttar Pradesh ranked best under Smart Cities Mission

Context: Uttar Pradesh was ranked the best State and Indore and Surat were jointly named the best cities by the Housing and Urban Affairs Ministry for their work under the Smart Cities Mission. Relevance: GS-II: Social Justice (Government Scheme and Interventions, Welfare Schemes) Dimensions of the Article: About the Smart Cities Mission Definition of “Smart […]

Pakistan to stay on FATF ‘greylist’

Context: Pakistan was retained on the greylist, or list of countries under “increased monitoring”, at the Financial Action Task Force (FATF) once again, as the Paris-based UN watchdog judged it deficient in prosecuting the top leadership of UN Security Council-designated terror groups; the list includes Lashkar-e Taiba, Jaish-e Mohammad, Al Qaeda and the Taliban. Relevance: […]