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SYNOPSIS [10th February,2022] Day 11: IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing (General Studies)

For Previous TLP (ARCHIVES) - CLICK HERE SYNOPSIS [10th February,2022] Day 11: IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing (General Studies) 1. Do you see pressure groups as a genuine mechanism for ensuring broader and more participative democracy? Critically comment.  Approach- Candidates need to write about the pressure groups and critically comment whether they ensure the broader and participative democracy provide the both alternative sides.  Introduction- A pressure group is a group of people who are organised actively for promoting and defending their common interest. It is called so, as it attempts to bring a change in public policy by exerting pressure on the government. It acts as a liaison between the government and its members. Body Ensuring broader and more participative democracy: Pressure groups are agents of political socialisation of different community and social groups they have role in strengthening the democracy.  Pressure Groups bring the demands and needs of the people to the notice of the decision-makers. The process by which the claims of the people get crystallized and articulated is called interest articulation. e.g. Narmada Bachao Aandolan.  Pressure groups play a vital role in the legislative process, not only as important structures of interest articulation, but also as active agencies engaged in lobbying with the legislators for securing desired laws or amendments in laws and policies of the government. Pressure groups play a leading role in the formulation of public opinion. Each pressure group is continuously engaged in evaluating all such laws, rules, decisions and policies which have a direct or indirect bearing on the interests it represents. For example with the gains made in mass media and education level, various experts and members of these farmers organizations during farm protest who constantly raise their issues and opinions through media, social media and interviews. Through this, they have tried to influence public opinions and government ideas. Many times instead of serving a useful purpose in the political administrative process, they are reduced to work for narrow selfish interests and hampers the democratic process: Political motive: Instead of the pressure groups exerting influence on political process, they become tools and implements to subserve political interests. Narrow selfish interests: Some Pressure Groups promote narrow selfish interest. Unlike the pressure groups in the developed countries of the West, where these are invariably organised to safeguard economic, social, cultural interests, etc. In India these groups are organised around religious, regional and ethnic issues. Many a time factors of caste and religion eclipse the socioeconomic interests. Misuse of power: Instead of the pressure groups exerting influence on political process, they become tools and implements to sub serve political interests. Instability: Most pressure groups do not have autonomous existence; they are unstable and lack commitment, their loyalties shift with political situations which threatens general welfare. They many a times resort to unconstitutional means like violence. Naxalite movement started in 1967 in West Bengal is one such example. Propagating extremism: Pressure groups can allow too much influence over the government from unelected extremist minority groups, which in turn could lead to unpopular consequences. They many a times resort to unconstitutional means like violence. For example recent Republic Day-Red Fort incidents in Delhi. Conclusion Democratic politics  involves  taking decisions through consultation, debate, discussions etc. Pressure groups can form good channel of communication between citizen and government but at the same time their vested interests if any needs to be checked so that true meaning of democracy can be fulfilled i.e. “participative democracy”. 2. It is argued that having a large number of ministries good impedes governance. But it can also be argued that it brings in efficiency by decentralising decisions and accountability? What do you think? Share your views and arguments.  Approach Students are expected to write about the different government model in the introduction then simply highlight the both side of arguments also give the suggestion to be followed by large ministry setup for good governance.  Introduction Minimum government, maximum governance refers to reducing the role of government where it is in excess (minimum government) and umaking a citizen friendly and accountable government (maximum governance). The objective is to make government efficient and inclusive, reduce red-tapism thereby improving ease of doing business etc. Body Large ministry decentralized governance: Reduces the burden on top executives: This reduces the time at the disposal of top executives who should concentrate on other important managerial functions. Facilitates diversification: A centralised enterprise with the concentration of authority at the top will find it difficult and complex to diversify its activities and start the additional lines of manufacture or distribution. Executive Development: Experts will get the opportunity to develop their talents by taking initiative which will also make them ready for managerial positions. Better control and supervision: As a result they have thorough knowledge of every assignment under their control and are in a position to make amendments and take corrective action. Issues in having multiple ministries and departments: Problem of Co-Ordination: More ministry of authority creates problems of co-ordination as authority lies dispersed widely throughout the organisation. Currently Almost full strength (78/81) of the Council of Ministers with the recent reshuffle. Inefficiency as the work doesn’t gets demarcated clearly. This results into lack of accountability. Lack of coordination results into delays and red-tapism. Require Qualified Personnel: Number of ministry becomes useless when there are no qualified and competent personnel. Duplication of work More Financial Burden: Decentralisation requires the employment of trained personnel to accept authority, it involves more financial burden and a small enterprise cannot afford to appoint experts in various fields. Wastage of public money. More Capital Expenditure than Revenue. Uniform policies not Followed: Hinders the process of service delivery to citizens. Overstaffing at the headquarters for most institutions and ministries, and shortage at the field level. Lack of mobility between different arms of the civil services.  Way forward  Reduce the decision making layers to the minimum while allowing for faster means of information sharing/dissemination. Simplification of procedures.  Leveraging technology to bring in transparency in public interface.  Accountable methods for effective delivery of goods/services. A robust public grievance redress system. Conclusion The overall objective should be to reduce duplicity, streamline the work process, improve synergy, through exchange of information/data, between various departments within a ministry. The bureaucrats too need to work in tandem so that the coordinated efforts result into productive results. Departments and ministries with overlapping jurisdiction should be merged, but it should not be the only agenda. 3. Lack of liberalisation in factor market has ailed the Indian economy for long. Elucidate. Approach- Candidates need to elucidate/highlight how the lack of liberalisation in factor market has ailed the Indian economy for long. Introduction: Economic liberalization refers to the process of removing non-essential limitations and controls from a country's economy so that firms and enterprises can contribute to the economy to the fullest possible extent. However, it's crucial to remember that liberalization does not imply an unfettered economy. Prime Minister P. V. Narasimha Rao and his then-Finance Minister, Dr. Manmohan Singh began the process of economic liberalization in India in 1991.  Lack of liberalisation in factor market has ailed the Indian economy for long India still had a fixed exchange rate system in 1991, with the rupee tied to the value of a basket of key trading partners' currencies. India was pushed to the verge of bankruptcy. Dr. Manmohan Singh, India's then-finance minister, gave respond by introducing economic liberalization.  Lack of liberalisation had ailed the Indian economy for long in the following ways: Due to a lack of cash in the pre-liberalization period, executing expensive ventures were prohibited, but this was corrected in 1991, resulting in higher growth rates. After independence, India was under immense financial hardships. Especially in the 1950’s and 1960’s India saw a number of bank failures.  In terms of financial markets, the bond market and FOREX market were limited. Based on government policies the nationalized banks gave enormous loans to small-scale industries and sectors such as agriculture.  However, banks struggled to recover loans and non-performing loans increased. Labour productivity and efficiency came down.  It was clear that the financial sector needed to be liberalized for a higher growth trajectory. India's looming balance-of-payments issue was adding fuel to the fire. The key goals of India's liberalization process can be summarised as follows: To increase the private sector's contribution to India's economic development. To increase the amount of foreign direct investment into Indian companies. To encourage domestic rivalry in India's enterprises. To encourage international and private enterprises to expand in India to maximize the country's economic potential. To usher in a new era of globalization for India's economy. To regulate export and import, as well as to promote international trade. Conclusion: India's economic liberalization incorporated the characteristics mentioned above and, in general, removed various limitations to make the country more private sector friendly. TLP Synopsis Day 11 PDF

UPSC हिन्दी Quiz– 2021: IASbaba Daily Current Affairs Quiz 11th February 2022

For Previous Daily Quiz (ARCHIVES) - CLICK HERE करेंट अफेयर्स के प्रश्न 'द हिंदू', 'इंडियन एक्सप्रेस' और 'पीआईबी' जैसे स्रोतों पर आधारित होते हैं, जो यूपीएससी प्रारंभिक परीक्षा के लिए बहुत महत्वपूर्ण स्रोत हैं। प्रश्न अवधारणाओं और तथ्यों दोनों पर केंद्रित हैं। दोहराव से बचने के लिए यहां कवर किए गए विषय आम तौर पर 'दैनिक करंट अफेयर्स / डेली न्यूज एनालिसिस (डीएनए) और डेली स्टेटिक क्विज' के तहत कवर किए जा रहे विषयों से भिन्न होते हैं। प्रश्न सोमवार से शनिवार तक दोपहर 2 बजे से पहले प्रकाशित किए जाएंगे। इस कार्य में आपको 10 मिनट से ज्यादा नहीं देना है। इस कार्य के लिए तैयार हो जाएं और इस पहल का इष्टतम तरीके से उपयोग करें। याद रखें कि, "साधारण अभ्यर्थी और चयनित होने वाले अभ्यर्थी के बीच का अंतर केवल दैनक अभ्यास है !!" Important Note: Comment अनुभाग में अपने अंक पोस्ट करना न भूलें। साथ ही, हमें बताएं कि क्या आपको आज का टेस्ट अच्छा लगा । 5 प्रश्नों को पूरा करने के बाद, अपना स्कोर, समय और उत्तर देखने के लिए ‘View Questions’ पर क्लिक करें। उत्तर देखने के लिए, इन निर्देशों का पालन करें: 1 - 'स्टार्ट टेस्ट/ Start Test' बटन पर क्लिक करें प्रश्न हल करें 'टेस्ट सारांश/Test Summary'बटन पर क्लिक करें 'फिनिश टेस्ट/Finish Test'बटन पर क्लिक करें अब ‘View Questions’बटन पर क्लिक करें - यहां आपको उत्तर और लिंक दिखाई देंगे। To take the Test - Click Here

IASbaba’s Think Learn Perform (TLP - Phase 1) 2022 - UPSC Mains Answer Writing General Studies Paper 4 Questions [11th February, 2022] – Day 12

For Previous TLP (ARCHIVES) - CLICK HERE Hello Everyone,  TLP being an integral formula for success for many toppers over the years including Rank 1 is no secret. In their ‘must to-do' list for the UPSC Civil Services Mains Examination, TLP by far occupies the first place. The popularity stems from the unparalleled quality of questions and synopsis posted in TLP. We strive hard to ensure that you get the real feel of UPSC standard before you write the actual Mains. You already know the features of TLP. Just to reiterate briefly, we will post 3 questions daily for a certain number of weeks (12 for this one). We follow a micro plan that is designed to give you daily targets. The questions are from the day’s syllabus and also from current affairs and you are expected to write the answers and post them on the portal. From this year we have integrated the TLP free answer writing page in the main website itself, unlike previous years. So all the answers should be posted under the questions for the evaluation.   Join our bandwagon, you won’t regret it. To Know More about TLP  -> CLICK HERE Note: Click on Each Question (Link), it will open in a new tab and then Answer respective questions! 1. “Do not judge me by my successes, judge me by how many times I fell down and got back up again.” Bring out the relevance of this quote for present times. (10 Marks) "मुझे मेरी सफलताओं से मत आंकना, मुझे इस बात से आंकना कि मैं कितनी बार गिर गया और फिर से उठ गया।" वर्तमान समय के लिए इस उद्धरण की प्रासंगिकता को सामने लाएं। 2. It is true that family can teach values. However, don’t you feel that family itself is declining as a social institution? Comment. Do you think individualism is becoming a dominant way of life? (10 Marks) यह सच है कि परिवार मूल्यों की शिक्षा दे सकता है। लेकिन, क्या आपको नहीं लगता कि एक सामाजिक संस्था के रूप में परिवार का पतन हो रहा है? टिप्पणी करें। क्या आपको लगता है कि व्यक्तिवाद जीवन का एक प्रमुख तरीका बनता जा रहा है? 3. Privatisation of PSU banks is a threat to employment. Do you agree? Critically comment. (15 Marks) पीएसयू बैंकों का निजीकरण रोजगार के लिए खतरा है। क्या आप सहमत हैं? समालोचनात्मक टिप्पणी करें। P.S: The review from IASbaba will happen from the time every day. We would also encourage peer reviews. So friends get actively involved and start reviewing each other's answers. This will keep the entire community motivated. All the Best :)

Daily Prelims CA Quiz

UPSC Quiz – 2021 : IASbaba’s Daily Current Affairs Quiz 11th February 2022

For Previous Daily Quiz (ARCHIVES) - CLICK HERE The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative. Gear up and Make the Best Use of this initiative. Do remember that, “the difference between Ordinary and EXTRA-Ordinary is PRACTICE!!” Important Note: Don't forget to post your marks in the comment section. Also, let us know if you enjoyed today's test :) After completing the 5 questions, click on 'View Questions' to check your score, time taken, and solutions. To take the Test - Click Here

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[PRELIMS 2022] All India FREE GS Full Mock Test - ONLINE and OFFLINE on 16th February

Hello Everyone,  There are primarily three states of matter, solid, liquid, and gas, but humans tend to live in a unique state. That is the state of Denial. That’s a very comfortable place to be, but nothing grows there. Most of the students keep taking simple topic-wise tests, score very high, and stay satisfied thinking that they are far ahead of their competitors. But finally, in the exam, they get the reality check. Suddenly the level of the question seems difficult, statements become confusing and ambiguous and you find yourself panicked. Looking at the unpredictability of exams, you need to realize that now one to two months of preparation is not sufficient. Every year, only 2% of the students appearing for the exam qualify prelims. You need to change gears now if you want to be in that section. Now that, the UPSC 2022 notification is out, there will be a panic regarding the Prelims Preparation. However, such haphazard preparation will damage your chances of clearing Prelims. So, planning your Prelims preparation will become very important in order to achieve maximum efficiency in preparation. For planning the first essential step will be to assess your preparation. In order to make you assess your preparation, we are going to conduct an All India Open Mock for Prelims. An All India ranking will be provided to you which will inform you about the competition. If you are there in that 2% bracket, feel confident and start revision, but if you are not there, you must change the mode of your preparation and start focusing on prelims more. Choose whether you want to live in denial or want to check your preparation level and accept the outcome. In order to help you with that, we are going to conduct All India Free Open Mock for Prelims on the 16th of February 2022 at 10 AM. Mock test will be held in both online and offline modes and the All India Ranking of the candidates will be announced. The last date to register for the Test is the 15th of February 2022 at 12 PM. You must remember to take this mock with utmost sincerity and take it as your final exam. All the best!! Note The Tests will be available in both ONLINE and OFFLINE Mode at our DELHI, BANGALORE, and LUCKNOW Centres. The Mock Test will be conducted in English Medium. The Login Credentials for ONLINE Test takers will be sent by 8 PM on 15th February. Registered OFFLINE students can directly walk in to take the test at their respective centres. Register Here – CLICK HERE STILL, HAVE QUERIES? Email ID – pep@iasbaba.com Phone – 9169191888 OFFLINE CENTRE BENGALURU CENTRE: IASbaba TLP Centre: 2nd floor, Ganapathi Circle, Chandra Layout, Bengaluru, Karnataka 560072 DELHI CENTRE: IASbaba, Plot 22-B, 3rd floor, Pusa Road, Bada Bazar Marg, Rajinder Nagar, New Delhi- 110060 Landmark: Above Dominos LUCKNOW CENTRE: IASbaba, B-1/66, Sector J, Sector-A, Lucknow – 226024 Landmark: Near Mr Brown / Opp to Sahu Studio.

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 10th February 2022

Archives (PRELIMS + MAINS FOCUS) Nuclear fusion energy Part of: Prelims and GS-III -Science and technology  Context: A team at the Joint European Torus (JET) facility near Oxford in central England generated 59 megajoules of sustained energy during an experiment in December, more than doubling a 1997 record. Key takeaways  This is a new milestone in producing nuclear fusion energy, or imitating the way energy is produced in the Sun. The energy was produced in a machine called a tokamak, a doughnut-shaped apparatus. Besides, the JET site is the largest operational one of its kind in the world. The record and scientific data from these crucial experiments are a major boost for ITER. About nuclear fusion Nuclear fusion is a reaction in which two or more atomic nuclei are combined to form one or more different atomic nuclei and subatomic particles.  The difference in mass between the reactants and products is manifested as either the release or the absorption of energy Energy by nuclear fusion is one of mankind’s long standing quests as it promises to be low carbon, safer than how nuclear energy is now produced and, with an efficiency that can technically exceed a 100%. A kg of fusion fuel contains about 10 million times as much energy as a kg of coal, oil or gas. Working: Deuterium and tritium, which are isotopes of hydrogen, are heated to temperatures 10 times hotter than the centre of the sun to create plasma.  This is held in place using superconductor electromagnets as it spins around, fuses and releases tremendous energy as heat. Do you know? ITER is a fusion research mega-project supported by seven members – China, the European Union, India, Japan, South Korea, Russia and the U.S. – based in the south of France, to further demonstrate the scientific and technological feasibility of fusion energy. News Source: TH India bans drone import Part of: Prelims and GS-III Economy; Science and technology  Context: The Directorate General of Foreign Trade of the Ministry of Commerce and Industry notified the Indian Trade Classification (Harmonised System), 2022 which brought the prohibition of drones for import into effect.  Key takeaways  The move aims to promote made-in-India drones. The Ministry of Civil Aviation said that while exceptions were provided for R&D;, defence and security, importing drones for these purposes will require “due clearances”. However, import of drone components will not need any approvals. Last year, the Ministry notified liberalised drone rules with the aim to encourage R&D; and to make India a drone hub. The government also approved a production-linked incentive (PLI) scheme for drones and their components with an allocation of Rs. 120 crore for three financial years. About Drones It is a layman terminology for Unmanned Aircraft (UA). Originally developed for the military and aerospace industries, drones have found their way into the mainstream because of the enhanced levels of safety and efficiency they bring. A drone’s autonomy level can range from remotely piloted (a human controls its movements) to advanced autonomy, which means that it relies on a system of sensors and LIDAR detectors to calculate its movement. Application of Drone Technology Defence: Drone system can be used as a symmetric weapon against terrorist attacks. Healthcare Delivery Purposes Agriculture: Micronutrients can be spread with the help of drones Monitoring: The drone technology in the SVAMITVA scheme  has helped about half a million village residents to get their property cards by mapping out the abadi areas. Law Enforcement News Source: TH Quad Part of: Prelims and GS-II International Relations Context: Meeting of the Foreign Ministers of the Quad (India, Australia, United States, Japan), is expected to discuss cooperation on vaccines, technology and regional security issues including related to China. The Ministers will review ongoing Quad cooperation and build on the positive and constructive agenda announced by the Leaders at the two Summits in 2021. The Quad Foreign Ministers meet is expected to lay the groundwork for the second Quad leaders summit likely to take place this summer. QUAD Full form: Quadrilateral Security Dialogue  Countries: USA, Japan, Australia and India  Aims: The main aim is to enable a regional security architecture for the maintenance of a rules- based order.  It seeks to contain a ‘rising China’ and work against its predatory trade and economic policies. News Source: TH (News from PIB) Conserving Marine Resources Part of: Prelims and Mains GS-III: Conservation Government of India has undertaken several initiatives focusing on the conservation of coastal and marine resources through implementation of law and continuous monitoring.  The Wild Life Protection Act of India (1972) provides legal protection to many marine animals. There are total of 31 major Marine Protected Areas in India covering coastal areas that have been notified under Wildlife Protection Act, 1972. The National Committee on mangroves, wetlands and coral reefs constituted in 1993 advice the Government on relevant policies and programmes regarding marine species. The Coastal Regulation Zone (CRZ) notification (1991 and later versions) prohibit developmental activities and disposal of wastes in the fragile coastal ecosystems. The Biological Diversity Act of India, 2002 and the Biological Diversity Rules 2004, and the guidelines thereof advise the Government on matters related to the protection and conservation of biodiversity, sustainable use and equitable sharing of its components, Intellectual Property Rights, etc. Pradhan Mantri Matsya Sampada Yojana (PMMSY): for sustainable and responsible development of fisheries sector in India. Two of the key objectives of the scheme are (a) harnessing of fisheries potential in a sustainable, responsible, inclusive and equitable manner and (b) Robust fisheries management and regulatory framework. The Centre for Marine Living Resources and Ecology (CMLRE), an attached office of Ministry of Earth Sciences (MoES) is mandated with the management strategies development for marine living resources through ecosystem monitoring and modelling activities.  Involvement of local communities is often seen as an integral part of preserving the marine resources. CMLRE is implementing a national R&D; programme on Marine Living Resources (MLR) with an inbuilt component on Societal Services to support the fisher folks of Lakshadweep Islands. The societal services initiative intends to enhance the ornamental and baitfish stocks in the wild. Under the program, CMLRE has organised a series of hands on trainings on “Marine ornamental fish breeding and rearing at Lakshadweep Islands”.   Under the Pradhan Mantri Matsya Sampada Yojana (PMMSY) scheme of Department of Fisheries, there are provisions for encouraging sustainable marine fisheries activities, development of fisheries management plans, development of Integrated Modern Coastal Fishing Villages, promotion of Sagar Mitra, installation of bio-toilets in fishing vessels, communication and tracking devices, livelihood support during fish ban period to fisher families etc. for conservation of fisheries resources. Note: Marine Protected Areas (MPAs) An MPA is a marine protected area that provides protection for all or part of its natural resources.  Certain activities within an MPA are limited or prohibited to meet specific conservation, habitat protection, ecosystem monitoring, or fisheries management objectives. News Source: PIB Survey of Villages and Mapping with Improvised Technology in Village Areas (SVAMITVA) Scheme Part of: Prelims and Mains GS-II: Devolution of powers and finances up to local levels and challenges therein Aim: To provide the ‘Record of Rights’ to village household owners possessing houses in inhabited areas in villages with issuance of legal ownership rights (Property cards/Title deeds).  The plan is to survey all rural properties using drones and prepare GIS based maps for each village. Data related to property details will be owned by the State Revenue Department as it has the authority to mutate the Right of Records (RoRs) and update the maps. Hence, the State Revenue Department will be the owner/host of this data and others will have a right to view. So far 29 States, including State of Uttar Pradesh, have signed MoU with SoI. Implemented By:  Ministry of Panchayati Raj Survey of India (SoI) State Revenue Department State Panchayati Raj Department National Informatics Centre What is the benefit of issuing a SVAMITVA property card? Access Credit & Benefits: It will enable rural households to use their property as a financial asset for taking loans and other financial benefits.  Tax Collection: The database will help in determination of property tax, which would accrue to the Gram Panchayats directly in states where they are empowered to collect such taxes Enhances Liquidity of assets: The cards will help increase liquidity of land parcels in the market and increase the financial credit availability to the village. Developmental Planning: The scheme will also pave the way for creation of accurate land records for rural planning. All the property records and maps will be available at Gram Panchayat, which will help in taxation of villages, construction permits, elimination of encroachments, etc. News Source: PIB MISCELLANEOUS Longest Highway Tunnel above 10,000 feet: Atal Tunnel; runs under the ‘Rohtang Pass’, on the Manali - Leh Highway  India is the world’s third largest energy consuming country and electricity demand grows by 4.7% each year. Share of nuclear energy in the total electricity generation in the country has remained around 3 to 3.5% since 2014. Coal in India: A target of all India coal production of 1.2 Billion Tonne upto the year 2023-24 has been fixed. Demand of coal is higher than the current level of domestic supply of coal in the country.  The gap between demand and domestic supply of coal cannot be bridged completely as there is insufficient availability and reserve of prime coking coal in the country.  Further, coal imported by power plants designed on imported coal and high grade coal required for blending purposes is also imported in the country as this cannot be fully substituted by domestic coal as the country has limited reserve of high grade coal. Foreign Direct Investment inflows (FDI) has shown a continuous increase from US$ 45.15 billion in 2014-15 to US$ 81.97 billion in 2020-21. During the last five financial years, Foreign Direct Investment (FDI) inflows worth US$ 339.55 billion have been reported into India. National Highways falling in or passing through forest areas declared as Wildlife Sanctuary/National Park or its Eco Sensitive Zone (ESZ): Instructions have been issued to implementing agencies to make all efforts to avoid any road alignment through National Parks or Wildlife Sanctuaries, even if it requires taking a longer route/bypass.  However if it is absolutely unavoidable, land to be acquired is limited to a maximum right of way of 30m All necessary clearances required under the Wildlife Protection Act 1972, Forest Conversion Act 1980 and Environment (Protection) Act 1986, are obtained before any work is undertaken in such areas. Site-specific mitigation measures are being taken in consultation with Forest Authorities, incorporating one or more of several options as per site requirements like construction of culverts, underpass, overpass (ecoduct), viaduct, tunnel, guard wall, fencing, vegetative barrier, anti-light glare, sound barrier, etc. Funds are also provided to the concerned Forest Authorities for taking measures as per their approved Wild Life Management Plan like creation of the waterholes, site specific plantation and landscaping, animal conservation units, rescue operation, anti-poaching unit, watch tower, monitoring, awareness, involvement of locals, construction of post guard, illumination and fencing around the boundary of Protected Area (PA) or its Eco Sensitive Zone (ESZ) etc., for conservation of wildlife habitat and reduction of human animal conflict. 'Police' and 'Public Order' are State subjects as per the Seventh Schedule to the Constitution of India.  States/UTs are primarily responsible to maintain law and order, inter-alia including strategy to prevent cyber-crimes, planning and setting up of task force, and capacity building/training of Law Enforcement Agencies (LEAs) for prevention, detection, investigation and prosecution of cyber-crimes.  The Central Government supplements the initiatives of the State Governments through various advisories and schemes for the capacity building of their LEAs. Pradhan Mantri-YUVA (Pilot): By the Ministry of Skill Development and Entrepreneurship (MSDE), to create an enabling ecosystem for entrepreneurship development through entrepreneurship education and training across the country. SMILE - Support for Marginalized Individuals for Livelihood and Enterprise:  Includes the sub-scheme – ‘Central Sector Scheme for Comprehensive Rehabilitation of persons engaged in the act of Begging’ which covers several comprehensive measures including welfare measures for persons who are engaged in the act of begging with focus extensively on rehabilitation, provision of medical facilities, counselling, education, skill development, economic linkages etc. with the support of State Governments/UTs/Local Urban Bodies, Voluntary Organizations, Community Based Organizations (CBOs) and institutions and others. Scheme provides for the use of the existing shelter homes for rehabilitation of the persons engaged in the act of begging. In case of non-availability of existing shelter homes, new dedicated shelter homes to be set up for the Persons engaged in the act of begging by the implementing agencies. By Ministry of Social Justice and Empowerment Economic Empowerment of Women Entrepreneurs and Startups by Women (WEE) By the Ministry of Skill Development and Entrepreneurship in collaboration with Deutsche Gesellschaftfür Internationale Zusammenarbeit (GIZ) Germany on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). Aims to pilot incubation and acceleration programmes for women micro entrepreneurs, enabling them to start new businesses and scale up existing enterprises in the States of Maharashtra, Rajasthan, Telangana, Uttar Pradesh and 8 North Eastern States of the country. Under the title of ‘Her&Now;’, the project envisages a film and media campaign to tell the stories of successful women entrepreneurs and to foster a positive mindset change on gender roles and expand women entrepreneurship. The project targets to support 315 aspiring women entrepreneurs, from the selected states, to turn their ideas into a business in the seven-month incubation programme. Anganwadi Services: One of the flagship programmes of the Government of India and represents one of the world’s largest and unique programmes for early childhood care and development Beneficiaries: children in the age group of 0-6 years, pregnant women and lactating mothers Package of six services:  Supplementary Nutrition (SNP) Pre-school Non-formal Education, Nutrition & Health Education, Immunization, Health Check-up, and Referral Services Three of the six services, viz., Immunization, Health check-up and Referral Services are related to health and are provided through NRHM & Public Health Infrastructure. POSHAN Abhiyaan aims to reduce malnutrition from the country and achieve improvement in nutritional status of Children from 0-6 years, Adolescent Girls, Pregnant Women and Lactating Mothers in a time bound manner. Child Protection Services (CPS) Scheme – Mission Vatsalya for rehabilitation of children in difficult circumstances including, orphan and destitute children. Financial assistance is provided to the State Governments/UT Governments for providing services which include institutional care, non-institutional care, support for capacity building, human resources, setting up and maintenance of various types of Child Care Institutions (CCIs) including children homes, observation homes, special homes, place of safety, open shelters etc. (Mains Focus) ECONOMY/ GOVERNANCE GS-2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. GS-3: Indian Economy & its challenges Time to relook at the Privatisation Policy Context: There is consensus among policymakers for privatisation of public sector undertakings (PSUs), especially in neo-liberal world order, for its ability to grow faster.  What is the reality of Privatisation? Performance of Privatised Firms not guranteed: The gap in growth (and service) between PSUs with autonomy and private firms is not significant. For example: Studies have shown that the famed British privatisation initiative of British Airways, British Gas, and the Railways led to no systemic difference in performance Evidence on performance after privatisation is even more mixed in developing countries.  Performance may be due to other factors: Growth post-privatisation is often due to multiple factors (for example, better funding under a private promoter versus a starved government budget, a better business cycle). Sometimes, the difference in a PSU’s performance is simply government apathy. Low Realisation of Revenues: Privatisation as a revenue source has also offered paltry return with actual receipts from disinvestment always significantly short of targets. For example, in FY11, ₹22,846 crore was raised against a target of ₹40,000 crore; by FY20, ₹50,304 crore was raised against a target of ₹1 lakh crore. In total, between FY11 and FY21, about ₹5 lakh crore was raised (that is, about 33% of just FY22’s projected fiscal deficit of ₹15.06 lakh crore.) Outright Privatisation has not been yielding results in India. Aside Air India, a recently held auction of about 21 oil and gas blocks had only three firms participating, of which two were PSUs; 18 blocks ended up with just a single bid. Challenge of valuation – for example, about 65% of about 300 national highway projects have been recording significant toll collection growth (>15%, since they have been in operation); any valuations of such assets will need to ensure they capture potential growth in toll revenue. Social consequences: PSUs have been significant generators of employment in the past, with multiplier effects – there were about 348 CPSUs in existence in 2018, with a total investment of ₹16.4 trillion and about 10.3 lakh employees in Central PSUs (in 2019). A push for privatisation is a push for mass layoffs, in a period of low job creation. Concentration of public assets in select private hands: In India, about 70% of all profits generated in the corporate sector in FY20 were with just 20 firms (in comparison, the situation in FY93 was about 15%). Across sectors oligopoly is emerging. Such concentration, mixed with privatisation of public assets, is likely to lead to higher usage fees (already being seeing in telecom) and inflation, coupled with a loss of strategic control. Are there any alternative models for Privatisation? Maruti Model The government had a joint venture with the Suzuki Corporation, but ceded control, despite Suzuki having only 26% shareholding. Exits from Maruti were conducted in small tranches, ensuring a better valuation for the government Empirical evidence highlights that stake sales are considered a preferred route (about 67% of all PSU sales in about 108 countries between 1977 and 2000 were conducted via this route), as it gives time to ensure price discovery, allowing improved performance to raise valuations over time,  Corporatisation of PSUs under Holding Company In China, for the past few decades, growth has been led by corporatised PSUs, all of them held under a holding company (SASAC), which promotes better governance, appoints leadership and executes mergers and acquisitions. In Singapore, the Ministry of Finance focuses on policymaking, while Temasek (the holding firm) is focused on corporatising and expanding its PSUs (for example, Singtel, PSA, Singapore Power, Singapore Airlines) towards a global scale.  A PSU with greater autonomy, with the government retaining control via a holding firm, can also be subject to the right incentives. Conclusion The time has come to take a relook at privatisation. Simply pursuing this path, while utilising such proceeds for loan write-offs or populist giveaways in the election cycle will not do. A hunt for immediate revenue should not overshadow the long-term interest of the ordinary Indian. Connecting the dots: Disinvestment of Air India Strategic disinvestment of IDBI BANK Ltd Corporatisation of Ordnance Factory Board POLITY/ GOVERNANCE GS-2: Fundamental Freedoms & Restrictions GS-2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation New Central Media Accreditation Guidelines Context: The Government has issued a slew of rules for the media under a new policy on accreditation for journalists.  The Central Media Accreditation Guidelines-2022 have outlined the conditions for withdrawal of accreditation if a journalist acts in a manner prejudicial to the country’s  Security sovereignty and integrity friendly relations with foreign states Public order  or is charged with a serious cognisable offence.  Most of the provisions are drawn from Article 19(2) of the Constitution which prescribes the restrictions to free speech.  How is this different from the past?  The previous policy, issued in 2013, had stated, under general terms of accreditation, that accreditation “shall be withdrawn as soon as the conditions on which it was given cease to exist. Accreditation is also liable to be withdrawn/suspended if it is found to have been misused”. With the new policy and laying down the conditions for withdrawal of accreditation, they serve more as censorship rules rather than guidelines.  Previous guidelines were more general in nature and did mention that accreditation would be withdrawn if found to be misused.  In the new guidelines, there are 10 provisions under which accreditation to a journalist can be withdrawn.  How are they proposed to be implemented?  As per the guidelines, the Government of India shall constitute a committee called the Central Media Accreditation Committee chaired by the Principal DG, Press Information Bureau (PIB), and comprising up to 25 members nominated by the Government to interpret the guidelines for withdrawal of accreditation.  Why are these guidelines a matter of concern?  In 2020, the Paris-based Reporters Without Borders (RSF) ranked India 142nd among 180 countries on the World Press Freedom Index 2020.  Though freedom of the press is not explicitly stated in the Constitution, the ambit of freedom of expression under Article 19 of the Constitution has been generally interpreted as having laid down the template for a free press in the country. These new guidelines, point out experts, carry the threat of coming in the way of the functioning of a free media.  A common tool used by powerful people trying to intimidate journalists or to block information from coming out is filing of defamation cases against journalists and media platforms. Now, defamation has been made one of the provisions that can lead to cancellation of accreditation. Besides, they carry the risk of delegitimising reports, especially of an investigative nature.  Any report critical of the Government could now be seen as prejudicial to the interests of the country and it will be left to the interpretation and discretion of the Central Media Accreditation Committee to read the guidelines and decide what is defamatory while denying accreditation to a journalist.  How do journalists get accredited?  A journalist with a minimum of five years as a full-time working journalist can apply for accreditation to the PIB, a process that is completed after a mandatory security check from the Ministry of Home Affairs.  Any journalist working with a newspaper which has a daily circulation of 10,000; news agencies with at least 100 subscribers and digital news platforms with 10 lakh unique visitors can apply.  How does Accreditation help? Accreditation helps in access to government offices and to special events and functions organised by the Government of India. Some Ministries like Home and Defence and Finance allow access only to accredited journalists.  In accredited journalist does not have to disclose who he or she intends to meet when entering offices of union ministries, as the accreditation card is “valid for entry into buildings under MHA (Ministry of Home Affairs) security zone”. Accreditation brings certain benefits for the journalist and his or her family, like being included in the Central Government Health Scheme, and some concessions on railway tickets. Have there been attempts in the past to regulate the media?  The most infamous move to control the press before the advent of private news channels was by former PM Rajiv Gandhi when he proposed the Defamation Bill in 1988. Under pressure from a unified media and several sections of the public, the Bill was withdrawn.  Several attempts have been made by successive governments to keep the media in check by proposing guidelines more in the nature of censorship.  As recently as 2018, the PIB, which functions under the I&B; Ministry, had proposed a Fake News Guidelines under which accreditation could be cancelled if the journalist was seen as peddling content that was fake.  This was seen as a move by the Government to counter other independent media outlets who had called out the Government and the political leadership for putting out fake content. The order was withdrawn under pressure.  More recently the Government proposed a series of rules under the IT Act to check digital news content.  State Governments like Kerala and Rajasthan had come out with their own versions of proposed rules which were withdrawn under pressure and criticism.  Connecting the dots: Madras High Court Order on Tamil Nadu Press Council  Social Media Regulation On regulation of Digital media (Sudarshan TV Case) (TEST YOUR KNOWLEDGE) Model questions: (You can now post your answers in comment section) Q.1 Consider the following statements regarding LiDAR It is a remote sensing method that uses light in the form of a pulsed laser to measure ranges & variable distances. This technology is used in Surveying, archaeology, geography. Which of the above is or are correct?  1 only  2 only  Both 1 and 2  Neither 1 nor 2  Q.2 Consider the following:  Defence Healthcare Delivery Purposes Agriculture Monitoring Which of the above is or are applications of drone technology correct?  1 and 2 only  2, 3 and 4 only  1 only All of the above Q.3 Which of the following country is not a part of Quad?  Australia USA India China ANSWERS FOR 9th Feb 2022 TEST YOUR KNOWLEDGE (TYK) 1 C 2 D 3 D Must Read On reviving Kerala Developmental Model: The Hindu On Indian reaction to MNC Kashmir tweets: The Hindu On Hijab controversy: Indian Express

UPSC हिन्दी Quiz– 2021: IASbaba Daily Current Affairs Quiz 10th February 2022

For Previous Daily Quiz (ARCHIVES) - CLICK HERE करेंट अफेयर्स के प्रश्न 'द हिंदू', 'इंडियन एक्सप्रेस' और 'पीआईबी' जैसे स्रोतों पर आधारित होते हैं, जो यूपीएससी प्रारंभिक परीक्षा के लिए बहुत महत्वपूर्ण स्रोत हैं। प्रश्न अवधारणाओं और तथ्यों दोनों पर केंद्रित हैं। दोहराव से बचने के लिए यहां कवर किए गए विषय आम तौर पर 'दैनिक करंट अफेयर्स / डेली न्यूज एनालिसिस (डीएनए) और डेली स्टेटिक क्विज' के तहत कवर किए जा रहे विषयों से भिन्न होते हैं। प्रश्न सोमवार से शनिवार तक दोपहर 2 बजे से पहले प्रकाशित किए जाएंगे। इस कार्य में आपको 10 मिनट से ज्यादा नहीं देना है। इस कार्य के लिए तैयार हो जाएं और इस पहल का इष्टतम तरीके से उपयोग करें। याद रखें कि, "साधारण अभ्यर्थी और चयनित होने वाले अभ्यर्थी के बीच का अंतर केवल दैनक अभ्यास है !!" Important Note: Comment अनुभाग में अपने अंक पोस्ट करना न भूलें। साथ ही, हमें बताएं कि क्या आपको आज का टेस्ट अच्छा लगा । 5 प्रश्नों को पूरा करने के बाद, अपना स्कोर, समय और उत्तर देखने के लिए ‘View Questions’ पर क्लिक करें। उत्तर देखने के लिए, इन निर्देशों का पालन करें: 1 - 'स्टार्ट टेस्ट/ Start Test' बटन पर क्लिक करें प्रश्न हल करें 'टेस्ट सारांश/Test Summary'बटन पर क्लिक करें 'फिनिश टेस्ट/Finish Test'बटन पर क्लिक करें अब ‘View Questions’बटन पर क्लिक करें - यहां आपको उत्तर और लिंक दिखाई देंगे। To take the Test - Click Here

IASbaba’s Think Learn Perform (TLP - Phase 1) 2022 - UPSC Mains Answer Writing General Studies Paper 2 Questions [10th February, 2022] – Day 11

For Previous TLP (ARCHIVES) - CLICK HERE Hello Everyone,  TLP being an integral formula for success for many toppers over the years including Rank 1 is no secret. In their ‘must to-do' list for the UPSC Civil Services Mains Examination, TLP by far occupies the first place. The popularity stems from the unparalleled quality of questions and synopsis posted in TLP. We strive hard to ensure that you get the real feel of UPSC standard before you write the actual Mains. You already know the features of TLP. Just to reiterate briefly, we will post 3 questions daily for a certain number of weeks (12 for this one). We follow a micro plan that is designed to give you daily targets. The questions are from the day’s syllabus and also from current affairs and you are expected to write the answers and post them on the portal. From this year we have integrated the TLP free answer writing page in the main website itself, unlike previous years. So all the answers should be posted under the questions for the evaluation.   Join our bandwagon, you won’t regret it. To Know More about TLP  -> CLICK HERE Note: Click on Each Question (Link), it will open in a new tab and then Answer respective questions! 1. Do you see pressure groups as a genuine mechanism for ensuring broader and more participative democracy? Critically comment. (10 Marks) क्या आप व्यापक और अधिक भागीदारी वाले लोकतंत्र को सुनिश्चित करने के लिए दबाव समूहों को एक वास्तविक तंत्र के रूप में देखते हैं? समालोचनात्मक टिप्पणी करें। 2. It is argued that having a large number of ministries good impedes governance. But it can also be argued that it brings in efficiency by decentralising decisions and accountability? What do you think? Share your views and arguments. (10 Marks) यह तर्क दिया जाता है कि बड़ी संख्या में मंत्रालय होने से शासन में बाधा आती है। लेकिन यह भी तर्क दिया जा सकता है कि यह निर्णयों और जवाबदेही को विकेंद्रीकृत करके दक्षता लाता है? आप क्या सोचते हैं? अपने विचार और तर्क साझा करें। 3. Lack of liberalisation in factor market has ailed the Indian economy for long. Elucidate. (15 Marks) कारक बाजार में उदारीकरण की कमी ने भारतीय अर्थव्यवस्था को लंबे समय तक प्रभावित किया है। स्पष्ट करें। P.S: The review from IASbaba will happen from the time every day. We would also encourage peer reviews. So friends get actively involved and start reviewing each other's answers. This will keep the entire community motivated. All the Best :)

Daily Prelims CA Quiz

UPSC Quiz – 2021 : IASbaba’s Daily Current Affairs Quiz 10th February 2022

For Previous Daily Quiz (ARCHIVES) - CLICK HERE The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative. Gear up and Make the Best Use of this initiative. Do remember that, “the difference between Ordinary and EXTRA-Ordinary is PRACTICE!!” Important Note: Don't forget to post your marks in the comment section. Also, let us know if you enjoyed today's test :) After completing the 5 questions, click on 'View Questions' to check your score, time taken, and solutions. To take the Test - Click Here

SYNOPSIS [9th February,2022] Day 10: IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing (General Studies)

For Previous TLP (ARCHIVES) - CLICK HERE SYNOPSIS [9th February,2022] Day 10: IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing (General Studies) 1. Why is the role of the opposition considered critical for a democratic polity like India? What can be the fallouts of the lack of strong and vocal opposition? Discuss.  Approach- Candidates need to write about opposition in the introduction then highlight the role of opposition also address the few fallouts due to lack of strong and vocal opposition with Indian context.  Introduction- Parliamentary democracy is characterised by a system of mutual accountability of the ruling party and opposition party and a much-crucial deliberative process. The Opposition plays a crucial role in preserving the true essence of the democracy and raising the concerns of a larger number of people of the country. However, today, India’s parliamentary opposition is not merely fragmented but also in disarray.  Body Role of opposition in the democracy: The role of the opposition is to ensure that any government maintains the constitutional guardrails. Whatever a government adopts as a policy measure and legislation, the opposition views it from an essentially critical gaze. Moreover, in parliament, the opposition goes beyond merely following the government and raises, demands and appeals for the specific needs of their constituencies, amendments and assurances using various parliamentary devices. The opposition reacts, questions, scrutinises the government on a day-to-day basis in parliament and its committees and outside the parliament, in the media and among the masses. There seems to be hardly any Opposition party with a vision or strategy for its institutional working or for the Opposition as a whole in India it has several fallout: A weak opposition is far more perilous than a weak government; an irresponsible government in combination with a timid opposition spells doom. A weak opposition simply refers to the opinions/demands of a large populace (who did not vote for the ruling party) left unaddressed. India’s current government has drawn severe criticism from multiple quarters such as international rankings on democracy, human rights and press freedom, an ever-increasing number of sedition cases and spiralling UAPA cases. These instances clearly indicate an ineffective and weaker opposition as well. The opposition parties are always stuck with clustered forms of representativeness they make limited to some specific social groups and are unable to extend this umbrella beyond a few identities. Failure of the opposition in the past few years has also been its failure to set the political agenda vision and persuade fence-sitters to their side. Failure to raise concerns and national importance issues in the parliamentary departmental committees.  Wayforward: The flaws of the election process need to be removed – including the power of money that causes the voter to swing sides in the quest for money. There is a need to revive and reconstitute parties in villages, blocks and districts as opposed to dictating from the top. In order to strengthen the role of the opposition, the institution of ‘Shadow Cabinet’ can be formed in India. Conclusion A powerful opposition is necessary to check the power of the ruling party as dissent is extremely important for mature democracies to function properly. However, for the success and survival of democracy, an effective Opposition is also  categorically imperative. 2. What is the underlying political philosophy of creating the upper house of the parliament or the Rajya Sabha? Explain.  Approach Students are expected to write about the rajyasabha in the Introduction with giving it’s background highlight the underlying political philosophy of creating upper house also students need to explain with the help of examples.  Introduction Rajya Sabha, also called the Council of the States, was constituted on April 3rd in year 1952 under Article 79 of the Constitution of India. It is called the upper house of the Parliament and represents the federal character of the legislature by having members elected by the state legislatures and the Union Territories with the legislature. Body Philosophy of creating the upper house: Beginning in India: In India, bicameralism started in 1918-19 with the introduction of Montague-Chelmsford Reforms. It was further continued by the Government of India Act, 1935. When the Constitution of India was drafted, initially the upper house was called ‘Council of States’.  Rationale behind the Upper House: The history of mankind tells us that it was the rich and powerful, who were involved in decision-making. Later on, when the ideas of democracy and universal adult suffrage took root, the poor started to get represented in the legislature.  Safety Valve of India’s Federal Polity: Rajya Sabha also acts as a means to institutionalise the federal principle of power-sharing between the Centre and states.  Interest of different section: The upper house was constituted to balance the interest of these two groups. It was supposed to be the voice of the rich as compared to the lower house, which articulated the views of the poor. Promotes deliberation: Eminent members like Gopalaswami Ayyangar vehemently supported the idea of the upper house as another house to deliberate the bills and policies of the government.  Oversight on hasty decision-making: At the same time, Rajya Sabha, despite being a weaker house, has tried to act as a check on the bills originating in the Lok Sabha. Lok Sabha, by its very nature, is a house with a brute majority of the ruling coalition. Rajya Sabha, with its varied composition, sobers the voices of majoritarianism, should they escape the notice of the lower house. Highlighting the National Issues: Rajya Sabha has focussed more on the larger issues plaguing India, rather than the hot topics. One important factor contributing to this tendency is the permanent nature of the house. Like the Goods and Services Tax (GST) Bill, negotiations around the World Trade Organisation’s (WTO’s) Agreements around Agriculture subsidies (see inset) as Agriculture is primarily a State subject. Expert Opinion: Rajya Sabha has also an added benefit of nominated members in the house, wherein the President nominates twelve members of Rajya Sabha from eminent walks of life and having special knowledge or practical experience in art, literature, science and social service under Article 80. Cooling down the Politics: Any legislation at such time might be prone to errors due to swayed emotions. Therefore, sometimes it is beneficial to let the issue cool down and discuss all the dimensions of an issue so that the principle of natural justice is upheld in the legislations. Even though the ups and downs of Indian politics, the Rajya Sabha has remained a vanguard for political and social values, a melting pot of cultural diversity. Also, along with Lok sabha, it is a flag-bearer of the sovereign, socialist, secular, democratic republic called India. Conclusion Thus, Rajya sabha should not be seen as a ‘disruptive’ wing of the legislation and efforts should be made to enable Rajya Sabha to retain its significant role in Indian democracy. 3. What are the recent reforms introduced in the bond market by the government? Why are these reforms so important for the economy? Examine. Approach- Candidates need to write about the recent reforms introduced in the bond market by the government and their importance for the economy.  Introduction: The budget is a time for allocating expenditure to different uses. It is also a time when the government spells out economic reforms. The Bond Market in India with the liberalization has been transformed completely. The opening up of the financial market at present has influenced several foreign investors holding up to 30% of the financial in form of fixed income to invest in the bond market in India. The Recent Reforms Introduced in The Bond Market by The Government: The system of auction introduced to sell the government securities. The introduction of delivery versus payment system by the Reserve Bank of India to nullify the risk of settlement in securities and assure the smooth functioning of the securities delivery and payment. The computerization of the SGL. The launch of innovative products such as capital indexed bonds and zero-coupon bonds to attract more and more investors from the wider spectrum of the populace. Sophistication of the markets for bonds such as inflation indexed bonds. The development of the more and more primary dealers as creators of the Government of India bonds market. The establishment of a powerful regulatory system called the trade for trade system by the Reserve Bank of India which stated that all deals are to be settled with bonds and funds. A new segment called the Wholesale Debt Market (WDM) was established at the NSE to report the trading volume of the Government of India bonds market. Issue of ad hoc treasury bills by the Government of India as a funding instrument was abolished with the introduction of the Ways and Means agreement. Why are these reforms so important for the economy? India needs to develop a bond market where pension and insurance companies can invest their green finance into long-term investible projects.  The bond market reforms need as much emphasis as public investment in infrastructure.  The bond market in India has diversified to a large extent and that is a huge contributor to the stable growth of the economy.  The bond market has immense potential in raising funds to support the infrastructural development undertaken by the government and expansion plans of the companies. Conclusion: Bonds are interest bearing debt certificates. Bonds under the bond market in India may be issued by the large private organizations and government company. The bond market in India has huge opportunities for the market is still quite shallow. The equity market is more popular than the bond market in India. At present the bond market has emerged into an important financial sector. Hopefully in coming time the bond market will get better.  TLP Synopsis Day 10 PDF