'The Hindu' Analysis for 24th August, 2019 (Current Affairs for UPSC/IAS)

[@BYJUSIAS]

1. Govt. responds to downturn with steps to boost growth (Indian economic crisis) 2. Sentiment booster 3. The Hong Kong Way (Baltic Way): 15:38 4. An end to arms control consensus (INF Treaty and START Treaty): 17:38 5. FATF group ‘blacklists’ Pakistan: 26:20 6. With Amazon forest on fire, Brazil faces global backlash: 27:20 7. Practice Questions: 29:30

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Sir , I have posted my answer in comment section and I am eagerly waiting for your response... Please evaluate it and provide suitable feedback to me.... I will be really thankful to you....

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38k views and only 1.1k likes. I mean how people can be that much of heart less. Enjoying very understandable and quality full explanation but go without "like nd thanks"comment. How rude😢. Plzz guys encourage and appreciate Byjus team efforts💐

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Plzz provide model answer for mains Patrice question..

[@shaili24]

You are superb sir.... Your explanations are very useful for the conceptual clarity.....

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Ur explanations are amazing and very clear with lot of information.anyone who doesn't belongs to a particular subject can easily understands...thank you sir and please continue the daily analysis by you only.

[@umashankardas1608]

Blue ink is much better than Red... Plz use Blue for writing in future analysis

[@khushityagi6547]

Answer - Recently, government has announced a number of steps to be taken up in order to address the slowdown of Indian economy. Over the few last quarters Indian economy is facing a substantial slowdown and in order to combat this slowdown government introduced some measures which envisages to boost Indian economy along with market sentiments. There are both internal as well as external factors which are responsible for the slow down of Indian economy. These are as follows :- External factors : 1. Global trade wars For instance trade war between U.S and China had a substantial impact on Indian economy. 2. Global economic slowdown One of the crucial reason behind slowdown of Indian economy is global economic slowdown but in this case there is nothing much which India can do. Domestic factors :- 1. High rate of NPA's : due to high rate of NPA's in the banking sector banks became more cautious in its lending and consequently private sector started to face capital shortage and investments began to fell down which in turn declined manufacturing output and other crucial services and as a result unemployment rises up. 2. Demonetisation : demonetisation was also another factor which is largely responsible for India's economic slowdown. Demonetisation failed to achieve its stated objectives and liquidity in market declined and hence investments in Indian economy too declined. 3. GST implementation : faults in GST implementation also contributed to a great extent in order to slowdown the Indian economy . Implementation faults of GST scared away the investors. Delayed refunds and high GST were some of the other problems faced by the people. 4. Controversial measures of union budget, 2019 : controversial measures taken up by the government are largely held responsible for economic slowdown. For instance government was accused for withholding of key data on unemployment and manufacturing etc. To counter the impact of above mentioned factors which are responsible behind economic slowdown government of India introduced a host of measures which are as follows :- 1. Government of India is going to withdraw the enhanced surcharge on FPI's levied by the finance act, 2019. But the increased surcharge would still apply to high net worth individuals earning more than rupees 2 crores a year. 2. Government would not treat corporate social responsibility (CSR) violations as criminal offences. 3. Government has also rescinded its ban on the purchase of new vehicles by its departments to replace old ones. 4. Government is going to upfront capital infusion of 70,000 crores into public sector banks which envisages increasing private investments. 5. Government has also mandated public sector banks to increase their repo rate linked loan offerings. 6. Government has decided to give additional rupees 20,000 crores of liquidity to the house financing companies over and above rupees 10,000 crores earlier stated. 7. Government has proposed to set up a development financial institution (DFI) to meet the infrastructure financing needs. 8. Withdrawal of angel tax has also been announced for start-ups registered with the department for promotion of industry and internal trade. 9. Government has also decided to reined the discretionary powers of the tax authorities. 10. Government of India is also going to release pending GST refunds to MSME's within 30 days in order to free up capital. Hence above mentioned measures are the crucial measures taken up by the government of india which envisages to combat with current slowdown of economy and provide a considerable impetus to the economy.

[@shivsambyal5700]

Don't criticize a govt. Policy. Instead ...you convey the msg using polite words. Don't make it look harsh.

[@bheemreddyrajavenkataramna9664]

Thanx Byju's 🙏🙏🙏...after a long I've watched

[@doordiecalmmindwins7911]

I'd love to see the add w/o skipping 😊

[@smilesmile1548]

please make use of additional sheet for explanation so that we can make notes from the slides that provided as im the one who who is not able to get offline paper so want to make notes from ur analisys please and thank you soo much for ur fabulous explanation

[@sgenenergy3408]

Thank a lot sir for you changing sketch color in yours explanation......thank you so much....as a aspirant i study 7 or 8 hrs using my laptop ...after that only evening news analysis i saw in your video in that time your red sketch explanation getting irritate me that's why i post comment you but today i was really happy to saw this video with peace mind...thank for your great work sir

[@mannamsrinath]

Thank you! Very much Sir.. very good analysis..

[@lightyagami6307]

Sir you voice is very very very greattt sir...please be the narrator always🙏🙏🙏

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[@jigsprit9162]

Thanks BYJU'S IAS.Really u clear all the doubts.I want to know the name of speaker.u r awsome

[@Edutech668]

Thank you sir such qualitative discussion

[@prasadchate6806]

Sir you give clarity on technical terms which are very hard to understand by own..please make videos on economics and polity for better understanding

[@keerthikathiravan2110]

1st of all I would like to thank u byjus who put more efforts for us in bringing all the infos present in Hindu in a single pdf . Thank u so much.. It is more easy to make notes out of it.. It helps more in time management.. 😊 I have doubt .. Can anyone tell me whether this is enough to study in Hindu ppr ???

[@vivekvarun007]

Well for daily main news and gk source it's enough to see byjus's videos but for essay writing and mains ans writing editorial needs to be read because it will help you on how to frame your answers according to the questions.

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I always wait for this session daily 🙏🏻

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[@bharatsuradkar9312]

Good work sir

[@cooldude_jd]

Awesome 😍😍😍😍

[@northeastindia1003]

superb explation

[@alexander_2023.]

Very helpful.. Thank you so much Sir..

[@pankajmahalaya6006]

thank u sir for this analysis. it helps a lot

[@divya1689]

Thank you so much 😊😊😊

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[@divya1689]

I already done this😊😊😊

[@SyedAhamad10]

India's economic growth has been gone down to 5%, lowest in the last six years. There are various factors of the economic slowdown of India. It can be categorised into external and internal factor. Some of the below points are among the external factors that has impacted immensely in India's GDP: 1. US-China trade war - The ongoing trade war between largest global economy has not only impacting India's international trade relation, but also undermining the global economy to a great extent. 2. Global economy slowdown - It's due to the various trade tussles like China vs US, India vs US, Iran vs US etc. Showdown automobile manufacturing is also one of them. Internal factors: Some of the flaws are deep rooted and structural in nature. Some among those are the outcomes of the controversial policies of the government. I wish government realise that growth will safer if the process of forming policies is done in a democratic way involving fair debate and discussion, not the autocratic way. 1. Demonetisation that happened in November 2016, dealt a severe blow to consumption, leading to a vicious cycle of job loss and lower income, which led to further drop in demand (what economists call the multiplier effect). It not only failed to achieve its objectives but also sucked out the liquidity from the market. It resulted loss 5 millions jobs according to SWI 2019. It's almost killed MSMEs from the market. 2. Faulty roll out of GST - GST that rolled out in July 2017 scared away the investors(tax terrorism). I 3. The implementation wasn't thoughtful. 4. High NPAs - PSBs are in great debt as the borrowers(private) are unable to repay back. It's to be understood that businesses aren't doing good in the market. Another factor include the easy borrowing that happened after the recession in 2008-2009(relax regularities) and it had been misused by private companies. This way PSBs became more conservative when it comes to lending. 5. Eroding the autonomy of RBI - Govt. is manipulating the RBI's excess reserves. It reformed stone of the RBI acts. 6. Government controlling key data such as unemployment rate, manufacturing growths and questionable statistics like GDP, inflation etc. 7. Controversial measures announced in union budget 2019 - CSR policy, enhanced surcharge on Foreign Portfolio Investment (FPI) etc. Industrialists, economists and even NITI Aayog constantly warned government of impeding recession and urged to immediate corrective actions. Finance Minister has recently taken up some corrective measures in order to rectify some flaws in the union budget 2019 as well as some structural distortion of the Indian economy.

[@kazimsheikh1263]

Isn't Bolsonaro the 'President ' of Brazil not the PM as mentioned in the video?

[@cbseevergreen.1446]

Sir plz use red marker instead

[@chandanjha2484]

You are requested to speak the name of every minister of cabinet states whenever you discuss.

[@DarthVader___]

Purple marker is way more soothing. Thank you

[@simarjit12345]

Hey There are so many channels for the hindu newspaper analysis!! Any The Economics Times newspaper analysis channel ? KZbin or telegram anywhere ? Anyone ?

[@dipaliharne6979]

Helpful thanks sir

[@davidjeyakumar2900]

Sir please provide Model Answer for Mains Ques

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Thank you so much sir

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Spr

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Thank you so much sir..such a great effort for us

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[@satyabanpatel7009]

Sir where is the Hindi fiction of The Hindu analysis

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Thank you..

[@mayank8490]

gud explanation

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Thank Q byju's

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Sir could you explain the Hindu analysis in hindi only for once...please sir

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Sir plz provide model answers

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Thank you sir...

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ty byjus

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Thanks sir.

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tq very much sir

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Red marker is more effective

[@khushityagi6547]

Sir.. I am going to put my answer in an another comment... Please provide me with the valuable feedback...

[@manikanthreddy9278]

Is this The Hindu edition of (Delhi)?

[@abhimanyukumar8029]

YES

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Yes it is.

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manikanth reddy yes

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use red colour marker plzzzz...

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thanku sir

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Hloo BYJU'S

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Love you sir... Please reply me...

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Itadakimasu

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Plz use red pen

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Sir hindi m bhi anlyasiz kijiye bhut se hindi medium k student bhi h like me,.plz sir

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Thanks sir.