Editorials/Opinions Analysis For UPSC 28 July 2022
Contents
- India’s fiscal federalism is in disarray?
- Supreme Court upholds PMLA raid and arrest powers
India’s Fiscal Federalism Is In Disarray?
Context
In today’s fiscal policy, the objectives of the founding fathers — tackling socio-economic imbalances — have been neglected.
Relevance
GS Paper 3: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.
Mains Question
Discuss the need for, and methods for, redefining India’s fiscal architecture in order to strengthen fiscal federalism. (150 Words)
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Supreme Court Upholds PMLA Raid and Arrest Powers
Context
The Supreme Court upheld the constitutionality of the Money Laundering Prevention Act of 2002, as amended from time to time.
Relevance
GS Paper 3: Money-laundering and its prevention.
Mains Question
Discuss the role of emerging technologies and globalisation in money laundering. Develop national and international strategies to combat the problem of money laundering. (250 Words)
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