

Level playing field on tax outgo in rupee terms should be created for hybrid variants: Experts
Syllabus: GS-III, Subject: Economy, Topic: Taxation, Issue: Hybrid vehicles and Taxation
Why in the News: the importance of hybrid vehicles in India’s efforts to become self-reliant in energy and reduce pollution.
Key Takeaways :
- Top of Formoutdated tax criteria unfairly burden hybrid vehicles, deterring consumers despite their environmental advantages
- Suggestions:
- GST based on carbon to streamline taxation and promote the adoption of eco-friendly technologies.
- immediate measures like cess adjustments to achieve tax parity for hybrids
- Hybrids are complementary, not transitory, to Battery Electric Vehicles (BEVs) and hydrogen fuel cell cars.
- They can expedite sustainable tech adoption without disrupting current infrastructure.
Prelims connect:
Benefits of Hybrid Vehicles:
· Improvement in fuel efficiency · Reduced consumption of fossil fuel · Lower battery usage compared to Battery Electric Vehicles (BEVs). · Lower emissions contributing to better air quality. · Regenerative braking: Captures energy during braking to recharge the battery, enhancing efficiency. |
Source: Indian Express
Indian co’s eye critical minerals mining in Lanka, Aus as govt expands search.
Syllabus: GS-I, Subject: Geography, Topic: Resources – World and India, Issue: Critical Minerals
Context: The Ministry of Mines discuss opportunities for the mining of critical minerals by Indian companies in Sri Lanka and Australia.
Sri Lanka:
- Significant reserves of vein graphite, a highly pure form of natural graphite.
- Graphite is a critical mineral that is extensively used as the anode material in lithium-ion batteries.
- Graphite in India is largely concentrated in Arunachal Pradesh, Jammu & Kashmir, and Jharkhand
Australia :
- Produces almost half of the world’s lithium and is the second-largest producer of cobalt.
- Both lithium and cobalt are used in Electric Vehicles and consumer electronics.
Khanij Bidesh India Limited (KABIL): A joint venture company established by the Government of India in 2019.
Objective: To identify, acquire, develop, process, and commercially utilise strategic minerals in overseas locations for supply to India. |
Prelims Connect: Lithium Triangle:
Source: Indian Express
Bharat Tex to be an annual affair’
Syllabus: GS-III, Subject: Current Affairs, Topic: Schemes/Policies/Programmes, Issue: Bharat Tex
Context: The mega textile exhibition, Bharat Tex will be held every year in the country.
Bharat Tex:
- Event organised aiming to showcase India’s capabilities across the entire textile value chain.
- and position the country as a global powerhouse in textiles.
- Organised by: Export Promotion Councils and Ministry of Textiles, Government of India.
- Inspired by PM’s 5F Vision ( farm to foreign via fibre, fabric and fashion)
Prelims Connect (Institutions)
Apparel Export Promotion Council (AEPC)
● It is the official body of apparel exporters in India. ● Established in 1978 ● Plays a significant role in promoting and facilitating the export of Indian garments and apparel globally. ● Membership: Garment exporters and manufacturers, Fabric and accessories suppliers,Design houses |
Source: Mint
10 offshore mineral auctions by mid-2024
Syllabus: GS-I, Subject: Geography, Topic: Resources – World and India, Issue: Offshore mineral auctions
Context: The first tranche of off- shore minerals auctions is likely to start this year.
Offshore mineral auctions:
- Offshore minerals are located deep in the earth’s crust and are more difficult to extract than onshore minerals.
- India’s offshore mineral reserves include gold, diamond, copper, nickel, cobalt, copper, manganese, and rare earth elements.
Offshore Areas Mineral (Development and Regulation) Act, 2002
Objective: To provide a framework for the development and regulation of mineral resources in India’s maritime zones. ● Applicability: The Act applies to all minerals in these maritime zones, excluding mineral oils and hydrocarbons. ● Granting Operating Rights: Establishes a system for granting reconnaissance permits, exploration licences, and production leases for exploration and extraction of minerals. ● Reservation of Areas: Allows the government to reserve specific areas for specific purposes, such as scientific research or defence. ● Powers of the Central Government: ○ Make rules for carrying out the provisions of the Act. ○ Grant, modify, suspend, or cancel operating rights. ○ Collect fees and royalties from permit and licence holders.
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Source: The Hindu
Centre rejigs plan for sale of Bharat rice and wheat
Syllabus:GS-III, Subject:Current Affairs, Topic: Schemes/Policies/Programmes, Issue: Food inflation
Context: Dismal sales of the government’s Bharat rice. Only 7.2% of Bharat rice lifted from government warehouses was sold.
Solution:
- Targeting the regions where the consumption of rice and wheat is higher.
- For rice – focus on southern and eastern states
- For wheat – northern states
Bharat Rice
- Objective: To control prices and provide relief to consumers and check inflationary trends in the food economy.
- Bharat Rice will be made available in 5 kg and 10 kg packs through the NAFED,NCCF and Kendriya Bhandar.
Bharat Atta:
- Pilot sale of Bharat Atta in February 2023 to offload about 300,000 tonnes of wheat from the warehouses of the Food Corporation of India (FCI)
- The price was slashed from ₹50 per kg to ₹27.5 per kg amid poor offtake and sales.
Source: Mint
Plans for non-lapsable defence modernisation fund put on hold
Syllabus: GS-III, Subject: Economy, Topic: Fiscal policy and Budgeting, Issue: Non-lapsable Modernisation Fund for Defence
Context: Non-lapsable Defence Modernisation Fund off government agenda for now.
Non-lapsable Modernisation Fund for Defence:
- The 15th Finance Commission had recommended the constitution of a dedicated non-lapsable Modernisation Fund for Defence and Internal Security (MFDIS).
- The government in 2021 had said it has “in-principle” accepted the creation of such a fund in the Public Account of India.
- Reason for hold: Creating a non-lapsable pool has drawbacks as it affects parliamentary scrutiny and accountability.
Related Important Articles:
Articles 112-114 & 266 of the Constitution :
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Source: The Hindu
Daily Editorials
What is grey zone warfare, mentioned by India’s Chief of Defence Staff recently?
Syllabus: GS-III, Subject: Internal Security, Topic: Current affairs, Issue: Terms in news
Context: during Raisina Dialogue, India’s Chief of Defense Staff General said that “grey zone warfare” is the latest in informal warfare.
Grey zone warfare:
- A middle ground between direct conflict and peace in international relations,
- Involves activities like cyberattacks, disinformation campaigns, and proxy wars.
- Has historical roots but became more prevalent during the Cold War era due to nuclear deterrence.
- Less powerful actors to gain advantage over stronger adversaries often use grey zone tactics.
- Examples include Chinese military presence in the South China Sea and Chinese military actions against Taiwan.
- The US has also engaged in grey zone tactics, such as economic sanctions against China.
- Grey zone warfare poses unique challenges, as responses must be tailored to covert or indirect actions, avoiding escalation.
How to bring about White Revolution 2.0
Syllabus: GS-III, Subject: Economy, Topic: Agriculture and allied sector, Issue: Animal Husbandry
Why in news:
- Household Consumption Expenditure Survey (HCES) for 2022-23 shows milk emerging as India’s top food spend item, both in rural and urban areas.
- The excess demand for milk has created the concern of inflation in milk price and availability of fodder.
The availability of the milk can be increased by:
- Genetic improvement and new breeding technologies.
- Farmers cultivating high-yielding protein-rich green fodder grasses and reducing reliance on expensive compound cattle feed and oil-meal concentrates.
A women’s urban employment guarantee act
Syllabus: GS- I, Subject: Society and Social justice, Topic: Issues of women, Issue: Increasing women employment Rate
Context: Women’s Urban Employment Guarantee Act
- Women empowerment is essential for reducing gender gap and achieving Sustainable Development Goals.
- MGNREGA has given financial autonomy to rural women.
- Poor employment rate in urban women (22.9%) and high unemployment rate (9%) in urban women comparision to their rural counterpart (4%): Periodic Labour Force Survey.
Women’s Urban Employment Guarantee Act (WUEGA) addressing concerns:
- At least 50% female representation in program management staff.
- Offer essential facilities including childcare, and work must be available within a 5-km radius.
- Free public transportation for women and incentives like automatic inclusion in welfare boards are suggested.
- Apprenticeships for women college students and Information Facilitation Centers for those who completed Class 10.
- Include a social audit unit with at least 50% female staff for independent monitoring.
- Women led initiative can play a key role in social sectors such as Swachh Bharat etc.
The long road to reforming India’s political party system
Syllabus: GS-II, Subject: Polity, Topic: Elections and RPA, Issue: Political Party system
Why in news:
- Recent defection issues in states like Maharashtra, Himachal Pradesh, Uttar Pradesh, and Bihar have raised concerns about the sanctity of political parties.
Key issues:
- Maharashtra’s incident was termed as intra-party dissent and exempted from the Anti-Defection Law.
- As under Tenth Schedule split exemption has been removed in 2003.
- Only mergers with two-thirds majority are exempt from disqualification under the law.
- So to avoid merger Intra-party dissent was used as an excuse.
Conclusion:
- Defections highlight the lack of intra-party democracy.
- A thorough study of party structures and statutory regulations are needed to ensure greater democracy within parties.
- Implement recommendations from the Law Commission (255th report) with respect to political part system.
+1 Advantage for Mains ( Law Commission 255th report)
Recommendations from the Law Commission (255th report) · Amendments to the Representation of the People Act, 1951 to mandate– o political parties to opt a constitution, o elect an executive committee, o select candidates, o conduct regular elections within the party at every level. · Granting the Election Commission of India the powers to impose monetary penalties or withdraw the registration of a political party in case it failed to comply |
Mountains of plastic are choking the Himalayan States
Syllabus: GS-III, Subject: Ecology and Environment, Topic: Waste Management, Issue: Plastic waste management
Plastic Pollution:
- Plastic pollution has become an all-pervasive phenomenon.
- Concerns with plastic pollution-
- Entering food web,
- affecting biodiversity.
- Reasons–
- Rapid and unplanned urbanization ,
- changing production and consumption patterns,
- High tourist footfalls,
- Poor plastic waste management
- Legal mechanisms–
- Solid Waste Management Rules 2016,
- Plastic Waste Management Rules 2016
- Extended Producer Responsibility 2022
- Special law by Himalayan states empower local bodies for waste management.
Suggestions:
- Devolve power to local bodies, Public education campaigns.
- Ensure collaboration between local bodies and PIBOs ( producers, importers and brand owners)
- Include traditional institutions within the definition of local bodies
- Use Swachh Bharat Kosh Trust and corporate social responsibility fund
- Collaboration between schemes like AMRUT and Smart Cities.
+1 Advantage for mains (Datw)
· The Himalayan Cleanup (2022) waste audit results showed that 92.7% of trash was plastic, with 72% of waste being non-recyclable plastic. |
Source: The Hindu