Editorials/Opinions Analysis For UPSC 27 July 2022
Contents
- Third-party participation in CPEC is inherently illegal: India
- Has the recession started?
Third-Party Participation in CPEC Is Inherently Illegal: India
Context
India has slammed China and Pakistan for seeking third-country participation in the China-Pakistan Economic Corridor (CPEC).
Relevance
India and its neighbourhood- relations. Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.
Mains Question
Discuss India’s concerns about the framework for the China-Pakistan Economic Corridor (CPEC). How should India deal with the challenges posed by this alliance? (150 Words)
Click Here To Read More: Third-Party Participation in CPEC Is Inherently Illegal: India
Has The Recession Started?
Context
- According to one widely accepted definition, the US economy is on the verge of a recession. However, that is not the definition that is important.
- The government estimates the gross domestic product for the April-June period on Thursday, and some economists believe it will show that the economy shrank for the second consecutive quarter. That would confirm a long-held assumption about when a recession begins.
Relevance
GS Paper 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.
Mains Question
Discuss past recession trends in India and explain how the upcoming downturn of USA differs from previous downturns. (250 Words)
Click Here To Read More: Has The Recession Started?
