{"id":44023,"date":"2024-08-07T10:22:41","date_gmt":"2024-08-07T10:22:41","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=44023"},"modified":"2024-08-07T10:22:44","modified_gmt":"2024-08-07T10:22:44","slug":"upsc-daily-current-affairs-07th-aug-2024-edukemy","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/","title":{"rendered":"UPSC Daily Current Affairs &#8211; 07th Aug 2024 &#8211; Edukemy"},"content":{"rendered":"\n<p>Today&#8217;s daily current affairs briefing for UPSC aspirants explores the latest developments relevant to the upcoming civil services examination. Our focus today includes a critical analysis of recent policy changes, international affairs, and national developments, all of which play a pivotal role in shaping India&#8217;s socio-political and economic landscape. Stay informed and stay ahead in your UPSC preparations with our daily current affairs updates, as we provide you with concise, well-researched insights to help you connect the dots between contemporary events and the broader canvas of the civil services syllabus.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc-current-affairs?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Current+Affairs\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"300\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19.png\" alt=\"\" class=\"wp-image-42406\" srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19.png 1280w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19-1170x274.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/19-585x137.png 585w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69e0f71677164\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e0f71677164\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#A_Chance_to_Cement_India-Africa_Partnership_in_Food_Security\" title=\"A Chance to Cement India-Africa Partnership in Food Security\u00a0\">A Chance to Cement India-Africa Partnership in Food Security\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Why_in_the_news\" title=\"Why in the news?\u00a0\">Why in the news?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Historical_Significance\" title=\"Historical Significance:&nbsp;\">Historical Significance:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Contemporary_Role\" title=\"Contemporary Role:&nbsp;\">Contemporary Role:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Purpose_of_ICAEs_Special_Session_A_Comparative_Study_of_India_and_Africa\" title=\"Purpose of ICAE\u2019s Special Session: A Comparative Study of India and Africa&nbsp;\">Purpose of ICAE\u2019s Special Session: A Comparative Study of India and Africa&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Global_Perspective_on_Hunger_and_Food_Security\" title=\"Global Perspective on Hunger and Food Security&nbsp;\">Global Perspective on Hunger and Food Security&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Way_Ahead_South-South_Collaboration\" title=\"Way Ahead: South-South Collaboration:&nbsp;\">Way Ahead: South-South Collaboration:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Conclusion\" title=\"Conclusion:&nbsp;\">Conclusion:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Govt_to_restore_indexation_benefit_for_property\" title=\"Govt to restore indexation benefit for property&nbsp;\">Govt to restore indexation benefit for property&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Why_in_the_news-2\" title=\"Why in the news?\u00a0\">Why in the news?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Capital_Gain_Tax\" title=\"Capital Gain Tax:&nbsp;\">Capital Gain Tax:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Indexation_Benefits\" title=\"Indexation Benefits:&nbsp;\">Indexation Benefits:&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#About\" title=\"About:\u00a0\">About:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Calculation\" title=\"Calculation:\u00a0\">Calculation:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Possible_Impact_of_Removal_of_Indexation_Benefit\" title=\"Possible Impact of Removal of Indexation Benefit:\u00a0\">Possible Impact of Removal of Indexation Benefit:\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Govt_to_Restore_Indexation_Benefit_for_Property\" title=\"Govt to Restore Indexation Benefit for Property:&nbsp;\">Govt to Restore Indexation Benefit for Property:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Draft_Broadcasting_Services_Regulation_Bill_2024\" title=\"Draft Broadcasting Services (Regulation) Bill 2024&nbsp;\">Draft Broadcasting Services (Regulation) Bill 2024&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Why_in_the_news-3\" title=\"Why in the news?\u00a0\">Why in the news?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#About_the_Draft_Broadcasting_Services_Regulation_Bill_2024\" title=\"About the Draft Broadcasting Services (Regulation) Bill 2024:&nbsp;\">About the Draft Broadcasting Services (Regulation) Bill 2024:&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Background\" title=\"Background:\u00a0\">Background:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Key_Features\" title=\"Key Features:\u00a0\">Key Features:\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Position_of_the_OTT_Platforms_under_the_Latest_Draft\" title=\"Position of the OTT Platforms under the Latest Draft:&nbsp;\">Position of the OTT Platforms under the Latest Draft:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Expansion_of_the_Draft_Broadcasting_Services_Regulation_Bill_2024\" title=\"Expansion of the Draft Broadcasting Services (Regulation) Bill 2024:&nbsp;\">Expansion of the Draft Broadcasting Services (Regulation) Bill 2024:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Concerns_Regarding_the_Draft_Broadcasting_Services_Regulation_Bill_2024\" title=\"Concerns Regarding the Draft Broadcasting Services (Regulation) Bill 2024:&nbsp;\">Concerns Regarding the Draft Broadcasting Services (Regulation) Bill 2024:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Conclusion-2\" title=\"Conclusion:&nbsp;\">Conclusion:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#UPSC_Civil_Services_Examination_Previous_Year_Question_PYQ\" title=\"UPSC Civil Services Examination, Previous Year Question (PYQ)\u00a0\">UPSC Civil Services Examination, Previous Year Question (PYQ)\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Prelims\" title=\"Prelims:&nbsp;\">Prelims:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Mains\" title=\"Mains:&nbsp;\">Mains:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Govt_spent_14_funds_under_Ayushman_on_those_over_70_yrs\" title=\"Govt spent 14% funds under Ayushman on those over 70 yrs&nbsp;\">Govt spent 14% funds under Ayushman on those over 70 yrs&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Why_in_the_news-4\" title=\"Why in the news?\u00a0\">Why in the news?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#What_is_the_Ayushman_Bharat_Scheme\" title=\"What is the Ayushman Bharat Scheme?\u00a0\">What is the Ayushman Bharat Scheme?\u00a0<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#About-2\" title=\"About:\u00a0\">About:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Components\" title=\"Components:\u00a0\">Components:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Health_and_Wellness_Centres_HWCs\" title=\"Health and Wellness Centres (HWCs):\u00a0\">Health and Wellness Centres (HWCs):\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Ayushman_Bharat_Health_and_Wellness_Centres_HWCs\" title=\"Ayushman Bharat Health and Wellness Centres (HWCs):&nbsp;\">Ayushman Bharat Health and Wellness Centres (HWCs):&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Purpose\" title=\"Purpose:\u00a0\">Purpose:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Features\" title=\"Features:\u00a0\">Features:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#ProgressAchievements\" title=\"Progress\/Achievements:\u00a0\">Progress\/Achievements:\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Performance\" title=\"Performance:&nbsp;\">Performance:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#UPSC_Civil_Services_Examination_Previous_Year_Question_PYQ-2\" title=\"UPSC Civil Services Examination, Previous Year Question (PYQ)&nbsp;\">UPSC Civil Services Examination, Previous Year Question (PYQ)&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Prelims-2\" title=\"Prelims:&nbsp;\">Prelims:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-42\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Mains-2\" title=\"Mains:&nbsp;\">Mains:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-43\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#The_debate_over_GST_on_health_insurance\" title=\"The debate over GST on health insurance&nbsp;\">The debate over GST on health insurance&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-44\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Why_in_the_news-5\" title=\"Why in the news?\u00a0\">Why in the news?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-45\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Life_and_Health_Insurance_Market_in_India\" title=\"Life and Health Insurance Market in India:&nbsp;\">Life and Health Insurance Market in India:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-46\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#GST_on_Health_and_Life_Insurance_Premiums\" title=\"GST on Health and Life Insurance Premiums&nbsp;\">GST on Health and Life Insurance Premiums&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-47\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Rationale_Behind_Imposing_GST_on_Health_and_Life_Insurance_Premiums\" title=\"Rationale Behind Imposing GST on Health and Life Insurance Premiums:&nbsp;\">Rationale Behind Imposing GST on Health and Life Insurance Premiums:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-48\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Need_for_Withdrawing_the_GST_on_the_Premium\" title=\"Need for Withdrawing the GST on the Premium&nbsp;\">Need for Withdrawing the GST on the Premium&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-49\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#VIRAASAT\" title=\"VIRAASAT&nbsp;\">VIRAASAT&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-50\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Why_in_the_news-6\" title=\"Why in the news?\u00a0\">Why in the news?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-51\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#About_VIRAASAT\" title=\"About VIRAASAT:&nbsp;\">About VIRAASAT:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-52\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Key_Facts_about_the_National_Handloom_Day\" title=\"Key Facts about the National Handloom Day:&nbsp;\">Key Facts about the National Handloom Day:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-53\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Commemorative_Stamps\" title=\"Commemorative Stamps&nbsp;\">Commemorative Stamps&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-54\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Why_in_the_news-7\" title=\"Why in the news?\u00a0\">Why in the news?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-55\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#About_Commemorative_Stamps\" title=\"About Commemorative Stamps:&nbsp;\">About Commemorative Stamps:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-56\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Rules_for_Issuing_Commemorative_Postage_Stamps\" title=\"Rules for Issuing Commemorative Postage Stamps:&nbsp;\">Rules for Issuing Commemorative Postage Stamps:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-57\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Global_Alliance_for_Improved_Nutrition_GAIN\" title=\"Global Alliance for Improved Nutrition (GAIN)&nbsp;\">Global Alliance for Improved Nutrition (GAIN)&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-58\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Why_in_the_news-8\" title=\"Why in the news?\u00a0\">Why in the news?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-59\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#About_Global_Alliance_for_Improved_Nutrition_GAIN\" title=\"About Global Alliance for Improved Nutrition (GAIN):&nbsp;\">About Global Alliance for Improved Nutrition (GAIN):&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-60\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Indian_Siris\" title=\"Indian Siris\u00a0\">Indian Siris\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-61\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Why_in_the_news-9\" title=\"Why in the news?\u00a0\">Why in the news?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-62\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#About_Indian_Siris\" title=\"About Indian Siris:&nbsp;\">About Indian Siris:&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-63\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-64\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Q_What_are_daily_current_affairs\" title=\"Q: What are daily current affairs?\">Q: What are daily current affairs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-65\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Q_Why_is_it_important_to_stay_updated_with_daily_current_affairs\" title=\"Q: Why is it important to stay updated with daily current affairs?\">Q: Why is it important to stay updated with daily current affairs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-66\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Q_Where_can_I_access_daily_current_affairs_information\" title=\"Q: Where can I access daily current affairs information?\">Q: Where can I access daily current affairs information?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-67\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Q_How_can_I_effectively_incorporate_daily_current_affairs_into_my_routine\" title=\"Q: How can I effectively incorporate daily current affairs into my routine?\">Q: How can I effectively incorporate daily current affairs into my routine?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-68\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Q_What_are_some_tips_for_critical_analysis_of_daily_current_affairs\" title=\"Q: What are some tips for critical analysis of daily current affairs?\">Q: What are some tips for critical analysis of daily current affairs?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-69\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#To_get_free_counselingsupport_on_UPSC_preparation_from_expert_mentors_please_call_9773890604\" title=\"To get free counseling\/support on UPSC preparation from expert mentors please call 9773890604\">To get free counseling\/support on UPSC preparation from expert mentors please call 9773890604<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-70\" href=\"https:\/\/edukemy.com\/blog\/upsc-daily-current-affairs-07th-aug-2024-edukemy\/#Visit_our_YouTube_Channel_%E2%80%93_Here\" title=\"Visit our YouTube Channel \u2013 Here\">Visit our YouTube Channel \u2013 Here<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_Chance_to_Cement_India-Africa_Partnership_in_Food_Security\"><\/span><strong>A Chance to Cement India-Africa Partnership in Food Security<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-2, IR- India international relation- India-Africa Partnership<\/strong>\u00a0<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news\"><\/span><strong>Why in the news?<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>India is hosting the 32nd International Conference of Agricultural Economists (ICAE) from August 2-7, 2024, in Delhi.\u00a0\u00a0<\/li><li>This event marks a significant milestone, reflecting India\u2019s enduring commitment to agricultural economics and food security.\u00a0\u00a0<\/li><li>It also serves as a platform to strengthen India-Africa partnerships in food security, enabling mutual learning to enhance nutrition for children under five.\u00a0<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"297\" height=\"169\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/08\/image-100.png\" alt=\"ICAE 2024\" class=\"wp-image-44047 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 297px; --smush-placeholder-aspect-ratio: 297\/169;\" \/><figcaption>ICAE 2024<\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Significance\"><\/span><strong>Historical Significance:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The ICAE\u2019s history is closely linked with India, having last been hosted in Mysore in 1958, with Jawaharlal Nehru, then Prime Minister, as the chief guest.\u00a0<\/li><li>The conference&#8217;s origins trace back to 1921 when Rabindranath Tagore invited British agronomist Lord L.K. Elmhirst to address issues faced by villages around Santiniketan.\u00a0\u00a0<\/li><li>This initiative aimed to create a rural development model for India.\u00a0<\/li><li>Elmhirst, inspired by Tagore and supported by Dorothy Straight, collaborated with Tagore, laying the foundation for ICAE.\u00a0\u00a0<\/li><li>Tagore&#8217;s approach combined scientific agricultural practices with cultural and educational elements.\u00a0<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Contemporary_Role\"><\/span><strong>Contemporary Role:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Platform for Knowledge Exchange and Collaboration:<\/strong>\u00a0<ul><li>ICAE provides a crucial platform for agricultural economists, policymakers, researchers, and practitioners to exchange knowledge and collaborate on solutions for global agricultural challenges.\u00a0<\/li><li>The conference facilitates the sharing of research, best practices, and policy insights for sustainable agricultural development.\u00a0<\/li><\/ul><\/li><li><strong>Addressing Global Food Security and Nutrition Issues:<\/strong>\u00a0<ul><li>ICAE focuses on strategies to ensure food security and improve nutrition, particularly in vulnerable regions, amid challenges like climate change that impact agricultural productivity.\u00a0<\/li><\/ul><\/li><li><strong>Climate Change and Agricultural Sustainability:<\/strong>\u00a0<ul><li>The conference addresses sustainable agricultural practices to mitigate climate change impacts, including adapting agricultural systems, reducing greenhouse gas emissions, and enhancing resilience through innovative techniques and sustainable land use.\u00a0<\/li><\/ul><\/li><li><strong>Economic Development and Poverty Reduction:<\/strong>\u00a0<ul><li>ICAE explores how agricultural investments drive economic growth, create jobs, and reduce poverty, particularly in developing countries, emphasising agriculture\u2019s role in enhancing economic stability.\u00a0<\/li><\/ul><\/li><li><strong>Public Policy and Agricultural Economics:<\/strong>\u00a0<ul><li>ICAE provides a forum for discussing policy interventions supporting agricultural development, such as subsidies and rural development programs, ensuring policies are based on sound economic principles and evidence.\u00a0<\/li><\/ul><\/li><li><strong>Technological Advancements and Innovation:<\/strong>\u00a0<ul><li>The conference highlights how technological innovations, such as precision farming and digital agriculture, can enhance productivity, reduce environmental impacts, and improve food security, encouraging the adoption of cutting-edge technologies.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Purpose_of_ICAEs_Special_Session_A_Comparative_Study_of_India_and_Africa\"><\/span><strong>Purpose of ICAE\u2019s Special Session: A Comparative Study of India and Africa<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>High Debt Service Ratios:<\/strong>\u00a0<ul><li>Both India and Africa face high debt service ratios, limiting agricultural spending relative to social protection.\u00a0<\/li><\/ul><\/li><li><strong>Underfunding Agriculture:<\/strong>\u00a0<ul><li>African countries underfund agriculture compared to Indian states, affecting productivity and efforts to combat child malnutrition.\u00a0<\/li><\/ul><\/li><li><strong>Need for Investment in R&amp;D:<\/strong>\u00a0<ul><li>Enhancing public spending on agricultural research and development (R&amp;D) and extension services is crucial due to high returns on investment.\u00a0<\/li><\/ul><\/li><li><strong>Reform and Reallocation:<\/strong>\u00a0<ul><li>The study suggests reforming subsidies and reallocating resources towards infrastructure and R&amp;D to boost agricultural growth and improve child nutrition outcomes.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Global_Perspective_on_Hunger_and_Food_Security\"><\/span><strong>Global Perspective on Hunger and Food Security<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Challenges in Ending Hunger:<\/strong>\u00a0<ul><li>Global hunger remains a challenge due to conflicts, climate crisis, and economic slowdowns, making the UN\u2019s goal of zero hunger by 2030 increasingly difficult.\u00a0<\/li><\/ul><\/li><li><strong>Investment Needs:<\/strong>\u00a0<ul><li>An additional $21 billion annually in agriculture and rural investments is needed to end global hunger by 2040, according to a study by the University of Bonn and FAO.\u00a0<\/li><\/ul><\/li><li><strong>Global Leadership:<\/strong>\u00a0<ul><li>India\u2019s G20 leadership and Brazil\u2019s presidency have impacted the global food security agenda.\u00a0 <\/li><li>The presentation of a bioeconomy strategy at the G20 and China\u2019s bioeconomy strategy highlight the need for global collaboration.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Way_Ahead_South-South_Collaboration\"><\/span><strong>Way Ahead: South-South Collaboration:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Importance of Collaboration:<\/strong>\u00a0<ul><li>South-South collaboration is essential for addressing food and nutritional security challenges.\u00a0\u00a0<\/li><li>G20 developed countries can support climate resilience and share innovations for food system transformation.\u00a0<\/li><\/ul><\/li><li><strong>Investment and Transformation:<\/strong>\u00a0<ul><li>South Asia and Africa, home to nearly 3 billion people, should advocate for increased investment in climate resilience and system transformation.\u00a0\u00a0<\/li><li>The G20 presidency sequence (2022-2025) reflects a shift in food system governance.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The 32nd ICAE in Delhi underscores the importance of global collaboration in agricultural economics. This event presents an opportunity to advance food security agendas and strengthen agri-food relations between Africa and India, potentially benefiting nearly one-third of humanity and promoting a sustainable and resilient future.&nbsp;<\/p>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/opinion\/columns\/international-conference-agricultural-economists-india-africa-partnership-food-security-9494053\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>IE<\/strong><\/a>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Govt_to_restore_indexation_benefit_for_property\"><\/span><strong>Govt to restore indexation benefit for property<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-3, Economy- Growth &amp; Development- Infrastructure- Taxation system<\/strong>\u00a0<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-2\"><\/span><strong>Why in the news?<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Following criticism over the Budget proposal to remove the indexation benefit on long-term capital gains (LTCG) from selling unlisted assets, the government has decided to offer taxpayers a choice.\u00a0\u00a0<\/li><li>For properties acquired before July 23, 2024, taxpayers can either pay LTCG tax at 20% with the indexation benefit or pay LTCG tax at the new rate of 12.5% without the indexation benefit.\u00a0\u00a0<\/li><li>This change comes from amendments made by the government in the Finance Bill.\u00a0<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"345\" height=\"227\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/08\/image-99.png\" alt=\"Capital Gain Tax\" class=\"wp-image-44046 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 345px; --smush-placeholder-aspect-ratio: 345\/227;\" \/><figcaption><strong>Capital Gain Tax<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_Gain_Tax\"><\/span><strong>Capital Gain Tax:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>About:<\/strong>\u00a0<ul><li><strong>Definition:<\/strong> A tax imposed on the sale of an asset, calculated as the difference between the sale price and the purchase price of the property.\u00a0<\/li><li><strong>Applicability:<\/strong> Gains or losses from the sale of house property and other capital assets like stocks, mutual funds, bonds, and investments.\u00a0<\/li><\/ul><\/li><li><strong>Types:<\/strong>\u00a0<ul><li><strong>Short-term Capital Gains:<\/strong> Gains from assets held for a shorter period.\u00a0<\/li><li><strong>Long-term Capital Gains:<\/strong> Gains from assets held for a longer period.\u00a0<\/li><\/ul><\/li><li><strong>Budget 2024 and Capital Gain Tax:<\/strong>\u00a0<ul><li><strong>Holding Periods:<\/strong> Only two holding periods now \u2013 12 months and 24 months. The 36-month period has been removed.\u00a0<\/li><li><strong>Long-Term Assets:<\/strong> Listed securities with a holding period exceeding 12 months are considered long-term. For other assets, the period is 24 months.\u00a0<\/li><\/ul><\/li><li><strong>Tax Rates:<\/strong>\u00a0<ul><li>Short-term capital gains on listed equity shares, equity-oriented funds, and business trusts increased to 20% from 15%.\u00a0<\/li><li>Short-term gains on other assets taxed at slab rates.\u00a0<\/li><li>Exemption limit for long-term capital gains on equity shares, equity-oriented units, and business trusts increased to Rs 1.25 lakh per year. Tax rate increased from 10% to 12.5%.\u00a0<\/li><li>Long-term capital gains on other assets reduced from 20% to 12.5%.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indexation_Benefits\"><\/span><strong>Indexation Benefits:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About\"><\/span><strong>About:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Purpose:<\/strong> Adjusts the purchase price of a property according to the prevailing inflation rate to reduce taxable capital gains.\u00a0<\/li><li><strong>Mechanism:<\/strong> Inflates the purchase price based on inflation over the invested years, ensuring taxes are paid only on real gains after inflation adjustment.\u00a0<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Calculation\"><\/span><strong>Calculation:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>CII (Cost Inflation Index):<\/strong> Government-released numbers that take into account the prevailing inflation for the financial year.\u00a0<\/li><li><strong>Formula:<\/strong> Indexed cost = Purchase Amount * (CII in year of sale \/ CII in year of purchase).\u00a0<\/li><li><strong>Base Year:<\/strong> Initially set as 1981, later shifted to 2001 with a base value of 100.\u00a0<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Possible_Impact_of_Removal_of_Indexation_Benefit\"><\/span><strong>Possible Impact of Removal of Indexation Benefit:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Resale Market Slowdown:<\/strong> Owners of older properties may be discouraged from selling due to increased tax liability.\u00a0<\/li><li><strong>Rise in Cash Transactions:<\/strong> Potential increase in under-the-table deals to avoid higher taxes, counteracting efforts to formalise the real estate sector.\u00a0<\/li><li><strong>Higher Property Prices:<\/strong> Sellers may raise prices to offset the tax burden, passing the cost to buyers.\u00a0<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Govt_to_Restore_Indexation_Benefit_for_Property\"><\/span><strong>Govt to Restore Indexation Benefit for Property:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Background:<\/strong>\u00a0<ul><li><strong>Budget 2024 Announcement:<\/strong> Proposed removal of indexation benefits, introducing a 12.5% LTCG tax rate without indexation.\u00a0<\/li><li><strong>Post-23rd July 2024 Sales:<\/strong> Initially, any long-term asset sale after this date would attract the new 12.5% tax rate without indexation.\u00a0<\/li><\/ul><\/li><li><strong>Revised Decision:<\/strong>\u00a0<ul><li><strong>Amendment:<\/strong> Government amended the Finance Bill, 2024, allowing taxpayers to choose between:\u00a0<\/li><li>12.5% LTCG tax rate without indexation.\u00a0<\/li><li>20% LTCG tax rate with indexation for properties acquired before July 23, 2024.\u00a0<\/li><\/ul><\/li><li><strong>Grandfathering Clause:<\/strong> Initially, there was no provision for properties bought after April 1, 2001.\u00a0<\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/business\/backlash-govt-roll-back-indexation-benefits-ltcg-tax-sale-property-9499041\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>IE<\/strong><\/a>\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Draft_Broadcasting_Services_Regulation_Bill_2024\"><\/span><strong>Draft Broadcasting Services (Regulation) Bill 2024<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS Paper &#8211; 3, IT &amp; ComputersAchievements of Indians in Science &amp; Technology \u2013 Role of Media &amp; Social Networking Sites in Internal Security Communication Networks\u2013 Cyber Security<\/strong>\u00a0<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-3\"><\/span><strong>Why in the news?<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The latest draft of the Broadcasting Services (Regulation) Bill 2024 seeks to replace the Cable Television Networks (Regulation) Act 1995.\u00a0\u00a0<\/li><li>The draft Bill aims to regulate the broadcast of news and current affairs programs (excluding print news), requiring compliance with prescribed program and advertisement codes.\u00a0<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"364\" height=\"194\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/08\/image-98.png\" alt=\"Draft Broadcasting Services (Regulation) Bill 2024\" class=\"wp-image-44045 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 364px; --smush-placeholder-aspect-ratio: 364\/194;\" \/><figcaption><strong>Draft Broadcasting Services (Regulation) Bill 2024<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_the_Draft_Broadcasting_Services_Regulation_Bill_2024\"><\/span><strong>About the Draft Broadcasting Services (Regulation) Bill 2024:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Background\"><\/span><strong>Background:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>The draft is a revision of the 2023 release by the Ministry of Information and Broadcasting, aiming to consolidate the legal framework for the broadcasting sector and extend it to over-the-top (OTT) content and digital news.&nbsp;<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Features\"><\/span><strong>Key Features:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Definition of Digital News Broadcasters:<\/strong>\u00a0<ul><li>Includes publishers of news and current affairs content through online papers, news portals, websites, social media intermediaries, etc., as part of a systematic business, professional, or commercial activity. Replica e-papers are excluded.\u00a0<\/li><\/ul><\/li><li><strong>Code of Ethics:<\/strong>\u00a0<ul><li>Seeks to validate the code of ethics prescribed under the IT (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021, which has been stayed by the Bombay and Madras High Courts.\u00a0<\/li><\/ul><\/li><li><strong>Content Evaluation Committee (CEC):<\/strong>\u00a0<ul><li>A committee to evaluate content and certify compliance with the code.\u00a0<\/li><li>Introduces a 3-tier regulation structure for content creators, requiring them to constitute CECs, register with a Self-Regulatory Organisation, and adhere to orders from the Centre-appointed Broadcast Advisory Council.\u00a0<\/li><li>Non-compliance by news creators (failing to intimate the Central government about their CEC members) will result in fines: Rs 50 lakh for the first contravention, and Rs 2.5 crore for subsequent violations within three years.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Position_of_the_OTT_Platforms_under_the_Latest_Draft\"><\/span><strong>Position of the OTT Platforms under the Latest Draft:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The Centre aims to regulate OTT platforms under this new bill, alongside user-generated content.\u00a0<\/li><li>The revised draft no longer includes streaming platforms in the definition of &#8216;internet broadcasting services&#8217;.\u00a0<\/li><li>OTT platforms are now referred to as &#8216;publishers of online curated content&#8217;, aligning with IT Rules 2021.\u00a0<\/li><li>Content broadcast on these platforms excludes news and current affairs programs.\u00a0<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Expansion_of_the_Draft_Broadcasting_Services_Regulation_Bill_2024\"><\/span><strong>Expansion of the Draft Broadcasting Services (Regulation) Bill 2024:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Sensational News during the 2024 Lok Sabha Polls:<\/strong>\u00a0<ul><li>Independent content creators made sensational claims about the government and its leaders, highlighting the need for accountability and a level-playing field between mainstream press and independent creators.\u00a0<\/li><\/ul><\/li><li><strong>Content Amplification by Big-Tech Companies:<\/strong>\u00a0<ul><li>Concerns about algorithm-driven content amplification by tech companies, which may skew narratives.\u00a0\u00a0<\/li><li>Companies argue that their algorithms serve content based on user browsing history.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concerns_Regarding_the_Draft_Broadcasting_Services_Regulation_Bill_2024\"><\/span><strong>Concerns Regarding the Draft Broadcasting Services (Regulation) Bill 2024:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Chilling Effect on Freedom of Speech and Expression:<\/strong>\u00a0<ul><li>The draft raises questions about the freedom of speech and the government&#8217;s regulatory powers, including broad definitions of digital news broadcasters and the requirement for prior registration and content evaluation standards.\u00a0<\/li><\/ul><\/li><li><strong>Exemption of Certain Stakeholders:<\/strong>\u00a0<ul><li>The government may exempt specific stakeholders from the Bill&#8217;s provisions, raising concerns about unequal treatment.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion-2\"><\/span><strong>Conclusion:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The Draft Broadcasting Services (Regulation) Bill 2024 aims to modernise and regulate the broadcasting sector comprehensively. However, it also brings forth significant concerns regarding freedom of speech, regulatory overreach, and potential exemptions, necessitating careful consideration and debate.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"UPSC_Civil_Services_Examination_Previous_Year_Question_PYQ\"><\/span><strong>UPSC Civil Services Examination, Previous Year Question (PYQ)<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Prelims\"><\/span><strong>Prelims:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Q:1 In India, it is legally mandatory for which of the following to report on cyber security incidents? (2017)<\/strong>&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Service providers\u00a0<\/li><li>Data centres\u00a0<\/li><li>Body corporate\u00a0<\/li><\/ol>\n\n\n\n<p><strong>Select the correct answer using the code given below:<\/strong>&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>1 only\u00a0<\/li><li>1 and 2 only\u00a0<\/li><li>3 only\u00a0<\/li><li>1, 2 and 3\u00a0<\/li><\/ol>\n\n\n\n<p><strong>Ans: D<\/strong>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Mains\"><\/span><strong>Mains:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Q:1 Data security has assumed significant importance in the digitised world due to rising cyber crimes. The Justice B.N. Srikrishna Committee Report addresses issues related to data security. What, in your view, are the strengths and weaknesses of the Report relating to the protection of personal data in cyberspace? (2018)<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/india\/broadcast-bill-free-speech-ott-platforms-ib-ministry-1995-cable-television-networks-regulation-act-social-media-accounts-9499327\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>IE<\/strong><\/a>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Govt_spent_14_funds_under_Ayushman_on_those_over_70_yrs\"><\/span><strong>Govt spent 14% funds under Ayushman on those over 70 yrs<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-2, Polity &amp; Governance- Govt Policies &amp; Schemes &#8211; Health<\/strong>\u00a0<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-4\"><\/span><strong>Why in the news?<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Beneficiaries aged 70 years and above constituted over 12% of all admissions under the government\u2019s flagship Ayushman Bharat health insurance scheme, as reported by the Union Ministry of Health and Family Welfare in Parliament.&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"313\" height=\"389\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/08\/image-91.png\" alt=\"Ayushman Bharat Health and Wellness Centres\" class=\"wp-image-44034 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 313px; --smush-placeholder-aspect-ratio: 313\/389;\" \/><figcaption><strong>Ayushman Bharat Health and Wellness Centres<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Ayushman_Bharat_Scheme\"><\/span><strong>What is the Ayushman Bharat Scheme?<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About-2\"><\/span><strong>About:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Launched:<\/strong> 2018, following the National Health Policy 2017 recommendations.\u00a0<\/li><li><strong>Objective:<\/strong> To achieve Universal Health Coverage, aligning with Sustainable Development Goal 3, which commits to &#8220;leave no one behind.&#8221;\u00a0<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Components\"><\/span><strong>Components:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Pradhan Mantri Jan Arogya Yojana (PM-JAY):<\/strong>\u00a0<ul><li><strong>Coverage:<\/strong> Provides health insurance cover of Rs. 5 lakhs per year.\u00a0<\/li><li><strong>Beneficiaries:<\/strong> Over 10 crore poor and vulnerable families.\u00a0<\/li><li><strong>Scope:<\/strong> Secondary and tertiary care.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Health_and_Wellness_Centres_HWCs\"><\/span><strong>Health and Wellness Centres (HWCs):<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Goal:<\/strong> Transform 1,50,000 Sub Centres and Primary Health Centres.\u00a0<\/li><li><strong>Purpose:<\/strong> Provide quality healthcare closer to the community.\u00a0<\/li><li><strong>Features:<\/strong> Free essential medicines, diagnostic services, teleconsultation, and health promotion activities like Yoga.\u00a0<\/li><li><strong>Screening:<\/strong> Annual screening for individuals aged 30 years and older for Non-Communicable Diseases (NCDs) such as hypertension, diabetes, and cancers (oral, breast, cervical).\u00a0<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ayushman_Bharat_Health_and_Wellness_Centres_HWCs\"><\/span><strong>Ayushman Bharat Health and Wellness Centres (HWCs):<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"358\" height=\"282\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/08\/image-97.png\" alt=\"Ayushman Bharat Health and Wellness Centres\" class=\"wp-image-44044 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 358px; --smush-placeholder-aspect-ratio: 358\/282;\" \/><figcaption><strong>Ayushman Bharat Health and Wellness Centres<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Purpose\"><\/span><strong>Purpose:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Access to Quality Healthcare:<\/strong> Ensuring healthcare closer to the community to improve health outcomes and reduce out-of-pocket expenditures.&nbsp;<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Features\"><\/span><strong>Features:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Free Services:<\/strong> Essential medicines, diagnostic services, teleconsultation.\u00a0<\/li><li><strong>Health Promotion:<\/strong> Wellness activities, including Yoga.\u00a0<\/li><li><strong>Annual Screening:<\/strong> For Non-Communicable Diseases (NCDs) like hypertension, diabetes, and cancers (oral, breast, cervical) for those 30 years and older.\u00a0<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ProgressAchievements\"><\/span><strong>Progress\/Achievements:<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Milestone:<\/strong> Over 30 crore Ayushman cards issued by January 2024.\u00a0<\/li><li><strong>Ayushman App:<\/strong> Launched for Ayushman Card creation.\u00a0<\/li><li><strong>State Rankings:<\/strong> Uttar Pradesh leads with 4.83 crore Ayushman Cards, followed by Madhya Pradesh (3.78 crore) and Maharashtra (2.39 crore).\u00a0<\/li><li><strong>Gender Equity:<\/strong> 48% of treatments availed by females.\u00a0<\/li><li><strong>Hospital Admissions:<\/strong> 6.2 crore admissions worth over Rs. 79,000 crores.\u00a0<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span><strong>Performance:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Elderly Beneficiaries:<\/strong>\u00a0<ul><li>Constituted over 12% of all admissions.\u00a0<\/li><li>Accounted for nearly 14% of total expenditure till January 2024.\u00a0<\/li><li>57.5 lakh admissions for senior citizens aged 70 and above.\u00a0<\/li><li>Treatment costs for the elderly amounted to more than Rs. 9,800 crore out of the total Rs. 79,200 crore spent over six years.\u00a0<\/li><\/ul><\/li><li><strong>Future Expansion:<\/strong>\u00a0<ul><li>The government plans to include all individuals over 70, irrespective of economic status, adding nearly 4 crore new beneficiaries.\u00a0<\/li><li>Expected to increase policy utilisation and costs.\u00a0<\/li><li>The interim budget in February extended the scheme to ASHA and Anganwadi workers. A slight increase in allocation to Rs. 7,300 crore in the July budget.\u00a0<\/li><\/ul><\/li><li><strong>Demographic Projections:<\/strong>\u00a0<ul><li>India&#8217;s ageing population is projected to rise from 8.6% in 2011 to 19.5% by 2050.\u00a0<\/li><li>The absolute number of elderly will triple from 103 million in 2011 to 319 million by 2050.\u00a0<\/li><\/ul><\/li><li><strong>State-wise Data:<\/strong>\u00a0<ul><li><strong>Maharashtra:<\/strong> Leading in hospital admissions for the elderly at 20.49%.\u00a0<\/li><li><strong>Tamil Nadu:<\/strong> Lowest proportion of admissions at 3.12%, but higher treatment costs for the elderly.\u00a0<\/li><li><strong>Other States:<\/strong> Kerala, Haryana, Himachal Pradesh, Bihar, among others, have high proportions of spending on elderly care.\u00a0<\/li><\/ul><\/li><li><strong>Cost of Elderly Treatments:<\/strong>\u00a0<ul><li>Higher due to longer healing times, increased likelihood of secondary infections, need for ICU care, and multiple comorbidities.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"UPSC_Civil_Services_Examination_Previous_Year_Question_PYQ-2\"><\/span><strong>UPSC Civil Services Examination, Previous Year Question (PYQ)<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Prelims-2\"><\/span><strong>Prelims:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Q:1 In India, it is legally mandatory for which of the following to report on cyber security incidents? (2017)<\/strong>&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Service providers\u00a0<\/li><li>Data centres\u00a0<\/li><li>Body corporate\u00a0<\/li><\/ol>\n\n\n\n<p><strong>Select the correct answer using the code given below:<\/strong>&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>1 only\u00a0<\/li><li>1 and 2 only\u00a0<\/li><li>3 only\u00a0<\/li><li>1, 2 and 3\u00a0<\/li><\/ol>\n\n\n\n<p><strong>Ans: D<\/strong>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Mains-2\"><\/span><strong>Mains:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Q.Data security has assumed significant importance in the digitized world due to rising cyber crimes. The Justice B.N. Srikrishna Committee Report addresses issues related to data security. What, in your view, are the strengths and weaknesses of the Report relating to the protection of personal data in cyberspace? (2018)<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/health-wellness\/govt-spent-funds-ayushman-70-yrs-full-cover-elderly-9499001\/#:~:text=At%20present%2C%20only%20the%20poor,lakh%20coverage%20under%20the%20scheme.&amp;text=Experts%20estimate%20the%20cost%20of,cent%20across%20all%20age%20groups\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>IE<\/strong><\/a>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_debate_over_GST_on_health_insurance\"><\/span><strong>The debate over GST on health insurance<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-3, Economy- Growth &amp; Development- Taxation System- GST<\/strong>\u00a0<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-5\"><\/span><strong>Why in the news?<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>With an 18% Goods and Services Tax (GST) added, many people in India are finding insurance less affordable.\u00a0<\/li><li>Opposition leaders protested in Parliament, demanding the removal of GST on these premiums.\u00a0\u00a0<\/li><li>Union Minister Nitin Gadkari also wrote to the Finance Minister, arguing that GST on insurance premiums taxes life&#8217;s uncertainties and hampers industry growth.\u00a0<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"320\" height=\"180\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/08\/image-96.png\" alt=\"Life and Health Insurance Market in India\" class=\"wp-image-44043 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 320px; --smush-placeholder-aspect-ratio: 320\/180;\" \/><figcaption><strong>Life and Health Insurance Market in India<\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Life_and_Health_Insurance_Market_in_India\"><\/span><strong>Life and Health Insurance Market in India:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Fiscal 2023-24 Data<\/strong>:\u00a0<ul><li>General insurance industry collected \u20b91,09,000 crore in health premiums.\u00a0<\/li><li>Life insurance companies collected \u20b93,77,960 crore, with LIC alone contributing \u20b92,22,522 crore.\u00a0<\/li><\/ul><ul><li><strong>State-wise Contribution<\/strong>: Five states\u2014Maharashtra, Karnataka, Tamil Nadu, Gujarat, and Delhi\u2014accounted for 64% of the total health insurance premium in 2022-23.\u00a0<\/li><\/ul><\/li><li><strong>Insurance Penetration<\/strong>:\u00a0<ul><li>Life insurance sector penetration decreased from 3.2% in 2021-22 to 3% in 2022-23.\u00a0<\/li><li>Non-life insurance penetration remained at 1%.\u00a0<\/li><li>Overall, India&#8217;s insurance penetration dropped to 4% in 2022-23 from 4.2% in the previous year.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"GST_on_Health_and_Life_Insurance_Premiums\"><\/span><strong>GST on Health and Life Insurance Premiums<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Introduction of GST<\/strong>:\u00a0<ul><li>Introduced on July 1, 2017, replacing all indirect taxes, including service tax and cess.\u00a0<\/li><li>Currently, GST on health and life insurance policies is fixed at 18%.\u00a0<\/li><\/ul><\/li><li><strong>Pre-GST Taxation<\/strong>:\u00a0<ul><li>Life insurance premiums were subject to 15% service taxes (Basic Service Tax, Swachh Bharat cess, and Krishi Kalyan cess).\u00a0<\/li><\/ul><\/li><li><strong>Impact on Premiums<\/strong>:\u00a0<ul><li>The introduction of GST increased premium amounts.\u00a0<\/li><li>High medical inflation, estimated at 14% last year, has made medical and term insurance less affordable.\u00a0<\/li><\/ul><\/li><li><strong>Government Acknowledgement<\/strong>: Requests for an exemption or reduction in GST rates on life and health insurance have been received.\u00a0<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rationale_Behind_Imposing_GST_on_Health_and_Life_Insurance_Premiums\"><\/span><strong>Rationale Behind Imposing GST on Health and Life Insurance Premiums:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Role of GST Council<\/strong>:\u00a0<ul><li>GST rates and exemptions on services, including health insurance premiums, are set by the GST Council, comprising the Union Finance Minister and state\/UT ministers.\u00a0<\/li><\/ul><\/li><li><strong>Revenue Generation<\/strong>:\u00a0<ul><li>GST is applicable to all insurance policies since insurance is considered a service.\u00a0<\/li><li>The insurance sector contributed \u20b921,256 crore in GST during the last three financial years, with another \u20b93,274 crore from the reissuance of health policies.\u00a0<\/li><\/ul><\/li><li><strong>Tax Deductions<\/strong>:\u00a0<ul><li>Insurance premiums are eligible for tax deductions under Sections 80C and 80D of the Income Tax Act, 1961.\u00a0<\/li><li>Deductions up to \u20b91.5 lakh, including GST, and additional deductions for medical riders are allowed.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Need_for_Withdrawing_the_GST_on_the_Premium\"><\/span><strong>Need for Withdrawing the GST on the Premium<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Increased Premiums<\/strong>:\u00a0<ul><li>The main issue is the significant increase in premiums on health insurance policies this year, with a leading public sector insurer hiking premiums by 50%.\u00a0<\/li><\/ul><\/li><li><strong>High GST Rates<\/strong>:\u00a0<ul><li>Experts point out that GST on insurance in India is the highest in the world.\u00a0<\/li><li>This could challenge the Insurance Regulatory and Development Authority of India&#8217;s (IRDAI) goal of \u201cInsurance for All by 2047\u201d.\u00a0<\/li><\/ul><\/li><li><strong>Standing Committee on Finance Report<\/strong>:\u00a0<ul><li>The Standing Committee on Finance, in its 66th report submitted to Parliament in February 2024, recommended rationalising the GST rate on insurance products, especially health and term insurance.\u00a0<\/li><li>The high GST rate results in a high premium burden, acting as a deterrent to obtaining insurance policies.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<p>\u00a0<br><strong>Source: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/explained\/explained-economics\/goods-and-services-tax-gst-on-health-insurance-gst-withdrawal-life-insurance-rahul-mamata-9499214\/#:~:text=%E2%80%9CThe%20Committee%2C%20with%20a%20view,reduced%2C%E2%80%9D%20the%20report%20said\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>IE<\/strong><\/a>\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"VIRAASAT\"><\/span><strong>VIRAASAT<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-2, Polity &amp; Governance- Govt. Policies &amp; Intatitive\u00a0<\/strong>\u00a0<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-6\"><\/span><strong>Why in the news?<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, VIRAASAT,\u201d a fortnight-long exhibition celebrating the 10th National Handloom Day, commenced at Handloom Haat in Janpath .&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"380\" height=\"214\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/08\/image-93.png\" alt=\"VIRAASAT\" class=\"wp-image-44036 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 380px; --smush-placeholder-aspect-ratio: 380\/214;\" \/><figcaption><strong><em>VIRAASAT<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_VIRAASAT\"><\/span><strong><em>About VIRAASAT:<\/em><\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Organisers:<\/strong>\u00a0<ul><li>Organised by the National Handloom Development Corporation Ltd (NHDC) under the Ministry of Textiles.\u00a0<\/li><\/ul><\/li><li><strong>Event Series:<\/strong>\u00a0<ul><li>The series \u201cVIRAASAT\u201d- the \u201cExclusive Handloom Expo\u201d continues the celebrations held the previous year around National Handloom Day.\u00a0<\/li><\/ul><\/li><li><strong>Focus:<\/strong>\u00a0<ul><li>Highlights the glorious tradition of handloom and handicrafts.\u00a0<\/li><li>Provides a market connection to handloom weavers and artisans.\u00a0<\/li><\/ul><\/li><li><strong>Exhibition Highlights:<\/strong>\u00a0<ul><li>Features unique products such as Banarasi, Jamdani, Baluchari, Madhubani, Kosa, Ikkat, Patola, Tussar Silk, Maheshwari, Moirang Phee, Baluchari, Phulkari, Laheriya, Khandua, and Tangaliya.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Facts_about_the_National_Handloom_Day\"><\/span><strong><em>Key Facts about the National Handloom Day:<\/em><\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Historical Context:<\/strong>\u00a0<ul><li>The Swadeshi Movement, launched on 7th August 1905, encouraged indigenous industries, particularly handloom weavers.\u00a0<\/li><\/ul><\/li><li><strong>Government Commemoration:<\/strong>\u00a0<ul><li>Since 2015, the Government of India commemorates the 7th of August every year as National Handloom Day.\u00a0<\/li><\/ul><\/li><li><strong>First Celebration:<\/strong>\u00a0<ul><li>The first National Handloom Day was celebrated on 7th August 2015 in Chennai.\u00a0<\/li><\/ul><\/li><li><strong>Objective:<\/strong>\u00a0<ul><li>Aims to recognize the efforts and skills of the community of weavers engaged in this sector.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleaseIframePage.aspx?PRID=2041230\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>PIB<\/strong><\/a>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Commemorative_Stamps\"><\/span><strong>Commemorative Stamps<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-2, Polity &amp; Governance- Miscellaneous<\/strong>\u00a0<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-7\"><\/span><strong>Why in the news?<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, the Department of Posts released a set of commemorative postage stamps to celebrate the Paris Olympics.&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"377\" height=\"206\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/08\/image-90.png\" alt=\"Commemorative Stamps\" class=\"wp-image-44033 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 377px; --smush-placeholder-aspect-ratio: 377\/206;\" \/><figcaption><strong><em>Commemorative Stamps<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Commemorative_Stamps\"><\/span><strong><em>About Commemorative Stamps:<\/em><\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Purpose:<\/strong>\u00a0<ul><li>Commemorative stamps are issued to mark important events, prominent personalities in various fields, aspects of nature, rare flora and fauna, environmental issues, agricultural activities, national\/international issues, and games.\u00a0<\/li><\/ul><\/li><li><strong>Availability:<\/strong>\u00a0<ul><li>These stamps are available only at Philatelic Bureaux and counters or under the Philatelic Deposit Account Scheme.\u00a0<\/li><\/ul><\/li><li><strong>Production:<\/strong>\u00a0<ul><li>They are printed in limited quantities.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Rules_for_Issuing_Commemorative_Postage_Stamps\"><\/span><strong>Rules for Issuing Commemorative Postage Stamps<\/strong><em>:<\/em>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Proposal Submission:<\/strong>\u00a0<ul><li>Proposals for issuing commemorative postage stamps can be sent by any citizen of India.\u00a0<\/li><\/ul><\/li><li><strong>Institution\/Organization Criteria:<\/strong>\u00a0<ul><li>Stamps are issued only on the apex institution\/organisation during its 100th\/125th\/150th anniversary, not on the branches of any institution or organisation.\u00a0<\/li><li>The institution\/organisation should have national or international stature with significant and well-recognized contributions in their respective fields.\u00a0<\/li><\/ul><\/li><li><strong>Personalities:<\/strong>\u00a0<ul><li>No stamp will be issued on a living personality.\u00a0<\/li><li>The personalities commemorated should be of national or international importance.\u00a0<\/li><li>The occasion must be the birth centenary or 10th\/25th\/50th\/100th death anniversary. Stamps can be issued no sooner than ten years after an individual\u2019s death, with exceptions for personalities from the fields of Art, Culture, and Music.\u00a0<\/li><\/ul><\/li><li><strong>Buildings\/Monuments:<\/strong>\u00a0<ul><li>A stamp on a building or monument may be issued on its centenary\/125th\/150th anniversary.\u00a0<\/li><li>The building must be a heritage site of national\/international importance or a site recognized by the Archaeological Survey of India (ASI).\u00a0<\/li><\/ul><\/li><li><strong>Issuing Authority:<\/strong>\u00a0<ul><li>These stamps are released by the Department of Posts, Ministry of Communications.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=2041317\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>PIB<\/strong><\/a>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Global_Alliance_for_Improved_Nutrition_GAIN\"><\/span><strong>Global Alliance for Improved Nutrition (GAIN)<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: gs-2, governance- Health\u00a0\u00a0\u00a0\u00a0<\/strong>\u00a0<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-8\"><\/span><strong>Why in the news?<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>A recent report by the Global Alliance for Improved Nutrition (GAIN) calls for nutrition investments in the agri-food sector, which it argues can reduce gender inequalities, increase productivity, and enhance business resilience.&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"350\" height=\"196\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/08\/image-95.png\" alt=\"Global Alliance for Improved Nutrition \" class=\"wp-image-44042 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 350px; --smush-placeholder-aspect-ratio: 350\/196;\" \/><figcaption><strong><em>Global Alliance for Improved Nutrition <\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Global_Alliance_for_Improved_Nutrition_GAIN\"><\/span><strong><em>About Global Alliance for Improved Nutrition (GAIN):<\/em><\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Foundation and Purpose:<\/strong>\u00a0<ul><li>GAIN is a Swiss-based foundation launched at the United Nations in 2002 to tackle the human suffering caused by malnutrition.\u00a0<\/li><\/ul><ul><li>Headquartered in Geneva, Switzerland, GAIN has offices in countries with high levels of malnutrition.\u00a0<\/li><\/ul><\/li><li><strong>Mission:<\/strong>\u00a0<ul><li>GAIN works with governments, businesses, and civil society to make healthier food choices more affordable, more available, and more desirable.\u00a0<\/li><li>Its primary goal is to improve nutrition outcomes by enhancing the consumption of nutritious and safe food for all people, especially the most vulnerable.\u00a0<\/li><\/ul><\/li><li><strong>Activities and Partnerships:<\/strong>\u00a0<ul><li>GAIN mobilises public-private partnerships and provides financial and technical support to deliver nutritious foods to those most at risk of malnutrition.\u00a0<\/li><li>The organisation supports improved maternal and infant health by promoting breastfeeding and specialised products for infants over six months and young children.\u00a0<\/li><li>It also partners with local businesses to improve the quality of food along agricultural value chains.\u00a0<\/li><\/ul><\/li><li><strong>Impact:<\/strong>\u00a0<ul><li>GAIN-supported nutrition programs are reaching an estimated 667 million vulnerable people in more than 30 countries.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><strong><em>Source: <\/em><\/strong><a href=\"https:\/\/www.downtoearth.org.in\/governance\/nutrition-investments-in-agri-food-sector-can-reduce-gender-inequalities-report\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><em>DTE<\/em><\/strong><\/a><strong><\/strong>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Indian_Siris\"><\/span><strong>Indian Siris<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tags: GS-1, Geography &#8211;\u00a0 Forest<\/strong>\u00a0<\/p><\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_in_the_news-9\"><\/span><strong>Why in the news?<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Recently, A pall of gloom descended on Kumaradevam gram panchayat, located in the East Godavari district, after the death of the century-old Indian Siris tree.&nbsp;<\/li><\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"379\" height=\"195\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/08\/image-94.png\" alt=\"Indian Siris\" class=\"wp-image-44041 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 379px; --smush-placeholder-aspect-ratio: 379\/195;\" \/><figcaption><strong><em>Indian Siris<\/em><\/strong><\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Indian_Siris\"><\/span><strong><em>About Indian Siris:<\/em><\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Scientific Name and Origin:<\/strong>\u00a0<ul><li>Indian Siris, also known as Albizia lebbeck, is a tropical tree native to India and Southeast Asia.\u00a0<\/li><li>It belongs to the Fabaceae family and is a deciduous tree with a wide range of uses.\u00a0<\/li><\/ul><\/li><li><strong>Growth Requirements:<\/strong>\u00a0<ul><li>They require a warm and humid climate and can be grown in a variety of soil types, including clay, loam, and sandy soil.\u00a0<\/li><\/ul><\/li><li><strong>Features:<\/strong>\u00a0<ul><li>Indian Siris grows up to a maximum height of 15-20 meters and has a wide-spreading, umbrella-shaped canopy.\u00a0<\/li><li>The tree trunk is typically straight, with a diameter of up to 1 meter.\u00a0<\/li><li>Its leaves are green and fern-like, growing up to 25 cm long.\u00a0<\/li><li>It has a moderate to dense branching pattern, with branches that spread outwards and upwards from the trunk.\u00a0<\/li><li>The tree produces small, white, and fragrant flowers in clusters.\u00a0<\/li><\/ul><\/li><li><strong>Ecological Role:<\/strong>\u00a0<ul><li>The tree is capable of fixing nitrogen from the atmosphere, which helps to enrich the soil and support other plant species.\u00a0<\/li><li>The extensive, shallow root system makes it a good soil binder, suited to soil conservation and erosion control.\u00a0<\/li><\/ul><\/li><\/ul>\n\n\n\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.thehindu.com\/news\/national\/andhra-pradesh\/village-mourns-the-death-of-century-old-tree-on-the-bank-of-akhanda-godavari\/article68488916.ece\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>TH<\/strong><\/a>\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"has-text-align-left wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_daily_current_affairs\"><\/span>Q: What are daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Daily current affairs refer to the most recent and relevant events, developments, and news stories that are happening around the world on a day-to-day basis. These can encompass a wide range of topics, including politics, economics, science, technology, sports, and more.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Why_is_it_important_to_stay_updated_with_daily_current_affairs\"><\/span>Q: Why is it important to stay updated with daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: Staying updated with daily current affairs is crucial because it helps individuals make informed decisions in their personal and professional lives. It enables people to understand the world around them, stay aware of significant events, and engage in informed discussions about important issues.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Where_can_I_access_daily_current_affairs_information\"><\/span>Q: Where can I access daily current affairs information? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: There are various sources for daily current affairs, including newspapers, news websites, television news broadcasts, radio programs, and dedicated apps or newsletters. Social media platforms are also widely used to share and access current affairs information.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_can_I_effectively_incorporate_daily_current_affairs_into_my_routine\"><\/span>Q: How can I effectively incorporate daily current affairs into my routine? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: To incorporate daily current affairs into your routine, consider setting aside specific times each day to read or watch news updates. You can also subscribe to newsletters or follow news apps to receive curated content. Engaging in discussions with peers or participating in online forums can further enhance your understanding of current events.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_some_tips_for_critical_analysis_of_daily_current_affairs\"><\/span>Q: What are some tips for critical analysis of daily current affairs? <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A: When analyzing daily current affairs, it&#8217;s essential to cross-reference information from multiple sources to ensure accuracy. Additionally, consider the source&#8217;s credibility and bias, if any. Develop the ability to identify the main points and implications of news stories, and critically evaluate the significance and impact of the events reported.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Essay\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/UPSC-Essay-Course-1280\u00d7300-1-3.svg\" alt=\"\" class=\"wp-image-42688 lazyload\" width=\"781\" height=\"182\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 781px; --smush-placeholder-aspect-ratio: 781\/182;\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"To_get_free_counselingsupport_on_UPSC_preparation_from_expert_mentors_please_call_9773890604\"><\/span><strong>To get free counseling\/support on UPSC preparation from expert mentors please call 9773890604<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\"><li>Join our Main Telegram Channel and access PYQs, Current Affairs and UPSC&nbsp; Guidance for free \u2013 <a href=\"https:\/\/t.me\/Edukemy4IAS\">Edukemy for IAS<\/a><\/li><li>Learn Economy for free-<a href=\"https:\/\/t.me\/+uq2Jq2ezMHE3ZjA1\" target=\"_blank\" rel=\"noreferrer noopener\"> Economy for UPSC<\/a><\/li><li>Learn CSAT &#8211; <a href=\"https:\/\/t.me\/+4hdxnlyVN_swNDNl\" target=\"_blank\" rel=\"noreferrer noopener\">CSAT for UPSC<\/a><\/li><li>Mains Answer Writing Practice-<a href=\"https:\/\/t.me\/+HS9DZh7PTytkNjJl\" target=\"_blank\" rel=\"noreferrer noopener\">Mains Answer Writing<\/a><\/li><li>For UPSC Prelims Resources, <a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visit_our_YouTube_Channel_%E2%80%93_Here\"><\/span>Visit our YouTube Channel \u2013 <a href=\"https:\/\/www.youtube.com\/@EduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">Here<\/a><span class=\"ez-toc-section-end\"><\/span><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Today&#8217;s daily current affairs briefing for UPSC aspirants explores the latest developments relevant to the upcoming civil services examination.<\/p>\n","protected":false},"author":21,"featured_media":44024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[265],"tags":[160,161,232,140],"class_list":["post-44023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-daily-current-affairs","tag-daily-current-affairs-upsc","tag-upsc","tag-upsc_preparation_strategy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/44023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=44023"}],"version-history":[{"count":1,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/44023\/revisions"}],"predecessor-version":[{"id":44048,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/44023\/revisions\/44048"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/44024"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=44023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=44023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=44023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}