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01-06-2020 - Handwritten Notes - Shankar IAS Academy
01-06-2020 - Handwritten Notes - Shankar IAS Academy
ANAL YS I S
The Hindu News Analysis – 1st June 2020 – Shankar IAS Academy
Page Number*
S. No News Articles
C B D H T
• A just society needs to guarantee to each • Supporters of the scheme – Economics Nobel
individual a minimum income which they can Laureates Peter Diamond and Christopher
count on and provides necessary material Pissarides, Tech leaders Mark Zuckerberg and
foundation for a life with access to basic goods Elon Musk etc.
and dignity. • Provision of an unconditional fixed amount to
• Requires that every person should have a right every citizen in a country.
to a basic income to cover their needs, just by • Kenya, Brazil, Finland, and Switzerland have
virtue of being citizens. started controlled UBI pilot programme.
• Three components – universality, unconditionality, • Provision of cash transfers to rich, trumps the
and agency. idea of equity and state welfare for the poor,
• Deliberated as an effective poverty-eradication and increases fiscal cost.
tool.
• The 2016-17 Economic Survey and IMF had Author’s view
proposed quasi-basic income schemes. • COVID-19 crisis seems to be the best time to
Leaves out the well-off top quartile of the implement UBI.
population. • Reasons
2016-17 Economic Survey calculated the fiscal IMF projected global growth in 2020 is -3.0%
cost - India is projected to grow at 1.9%.
After adjusting to inflation ₹ 7,620 per Unemployment rate will increase.
year for an individual (for 2016-17).
Continuation of lockdown in some format –
At target quasi-universality rate of 75%, informal sector workforce and migrant
the fiscal cost amounted to 4.9% of the labourers will be affected.
GDP.
Conclusion
De jure universality, de facto quasi-
universality. • For ensuring sustenance of vulnerable workforce
and migrant labourers in this pandemic –
Lack of political will due to cost.
introduce unconditional regular pay checks at
maximum universality through UBI.
Pg - 1 C,D,T
Pg – 14 Bengaluru
Pg - 10 Hyderabad
SpaceX
• Historic milestones:
• Can inquire into violation of Human rights only on the recommendations of a committee
with respect to subjects mentioned in the State
list (List II) and the Concurrent list (List III) the Chief Minister as its head
of the 7th Schedule of the Constitution the state home minister
CMFRI
Pg – 14 C, B, T
Pg – 14 Delhi
Scorpaenopsis neglecta
Source: IUCN
Pg – 9 C , B , D , H , T
India Inc. Confederation of Indian Industry (CII)
• A London-based media house that produces • A non-government, not-for-profit, industry-led
incisive content and events on investment, and industry-managed organization founded in
trade and policy matters relating to India’s 1895
increasingly globalised economic and strategic
• Objective: To create and sustain conducive
agenda.
environment for the development of India, by
• Publication: ‘India Global Business’ partnering with various stakeholders such as
industry, Government and civil society.
• Organises several high impact events such as
UK-India Week 2019 • Five priority areas: employment generation,
rural-urban connect, energy security,
• Founded in 2011 by strategist and
environmental sustainability and governance.
entrepreneur Manoj Ladwa
Central Sector Schemes and Centrally
Sponsored Schemes
• Main difference is based on the pattern of
funding and the modality for implementation.