Tuesday 21 January 2020

Must Read News Article I 21st January, 2020

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Chief Justice of India, Sharad A Bobde orally made it clear that SC will not stay the electoral bond scheme. The comments came on a plea by petioners that it is being used to fill the coffers of ruling party
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On Jan 22, SC will hear several petitions challenging the Citizenship Amendment Act. The article highlights that The SC is largely responsible for the present chaos around the CAA and NRC. The article uses the SC judgement in Sarbananda Sonowal case to make its point.


The article argues that India can take lessons from the Brazil’s Unified Health System, to improve its own Universal health System.
PM Modi has emphasised the duties of citizens and said that our rights are directly dependent on the duties performed by the others.
Iran has said that it will consider withdrawing from the Treaty on the Non - Proliferation of Nuclear Weapons (NPT)if a dispute over its atomic programme goes before the UN Security Council
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IMF has lowered India’s economic growth estimate for current fiscal to 4.8%.  In October 2019, IMF had pegged India’s economic growth at 6.1% for 2019. The main reason for the lowering of India’s growth forecast were - decline in rural demand growth, overall credit sluggishness.
The article argues that the present national accounting and analytical framework misses out on many key dimensions of a complex economy
The article highlights that to boost the Indian economy, the upcoming budget should increase spending in rural areas, cut taxes, incentivise household saving and bring back trust in the financial system

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