6th September - AAJ KA QUALITY ENRICHMENT

output themes

KEYWORDS

India as a bridge that connects the world:
  • Meaning: It signifies India's geographical location, historical ties, cultural diversity, diplomatic prowess, economic significance, regional initiatives, and connectivity projects all contribute to its position as a bridge that connects different parts of the world, fostering cooperation, trade, and cultural exchange among nations.
  • Usage: It can be used in questions related to - Globalization and its relevance at present, multipolarity, Reforming multi-national institutions like UNSC, South-south cooperation, Developing vs developed nation etc.
Digital-ready and future-ready skill: 
  • Meaning: This keyword signifies that to remain competitive in the digital age and prepare for the future of work, individuals and organizations should invest in developing and cultivating these digital-ready and future-ready skills. 
  • Usage: It can be used in questions related to – Education and skill and increasing Digitalization, NEP 2020, Critical and evolving technologies and job structure, employment & unemployment, Youth and demographic dividend etc.
3-H formula for the balanced development: Heart, Head and Hand:
  • Meaning: The "3-H formula - Heart, Head, and Hand" for balanced development, is a concept that underscores the importance of holistic growth and well-rounded development in individuals and societies. 
  • Heart: Related to sensitivity, human values, strength of character and morality. 
  • Head or brain: Related to mental development, reasoning power and reading and 
  • Hand: Related to respect for manual skills and physical labour. 
  • Usage: It can be used in questions related to – Youth, Human resources, Education and skill, Make in India, India as a developed economy by 2047, Good governance and ethics, Individual and inclusive growth etc.
Taking reformist leap: 
  • Meaning: This refers to the act of making significant and often bold changes or reforms in a particular area, such as politics, economics, society, or any system that may require improvement or modernization. 
  • This leap implies a decisive and substantial departure from existing norms, practices, or policies in pursuit of positive change or progress.
  • Usage: It can be used in questions related to - Education and Skill (NIP), Economic reforms, Make in India, Good governance, Civil services reforms, Transforming education and achieving India as a developed economy by 2047 etc.

CASE STUDIES/ EXAMPLES

Jan Andolan for water conservation and increasing ground water levels:
  • Case: Jhansi, UP.
  • Step taken: The public participation for water conservation and river conservation has resulted into increasing the groundwater levels in Jhansi, Uttar Pradesh.
Increasing diplomatic prowess of developing countries (especially India):
  • Step taken: Traditionally, Western powers have been the major donors of health aid while non-western nations have been the recipients. Ex: USA and S. Union during cold war. 
  • However, during the COVID-19 pandemic, for the first time in history, three non-Western powers — Russia, China and India — dominated international vaccine diplomacy. 
  • These countries, which had long been recipients of health aid, finally made their debut on the world stage as vaccine inventors. 
  • India’s contribution ‘Vacciner Maitri’ (Vaccine Friendship): ‘Neighbourhood first’ policy, and a preference for a range of Caribbean and African states is well known.

KEY FACTS

India’s increased financial ecosystem:
  • Increased fintechs: Fintech have 36% share of new-to-credit customers vs 22% share in banks. In Payments, Fintech have 93% share of UPI transaction value vs 7% share in banks.
  • Formalization of economy (ITR data): Each Tax bracket (Tax Slab) has seen a minimum 3-to-4-fold increase in tax filings surge.
  • As per a SBI Research: Workforce share in population will increase from 38% in FY 2023 to 45% in FY 2047.  And, taxable Workforce /Workforce eligible to pay taxes to rise to 85%, from the current 22%.
Key facts related to different global economic factors:
  • Global Findex Database (2021) of the World Bank: Almost 24% of adults globally do not have access to formal financial accounts, only 29% of adults placed their savings in a financial institution, and only 28% of adults borrowed from a formal financial institution globally.
  • World Trade Organization (WTO): Globally MSMEs contribute around 35% of GDP in developing economies and 50% in developed nations.
  • World Bank’s Findex, 2021: Compared to 59% of men, only 50% of women in developing nations claimed they could consistently come up with emergency cash.
  • Globally, insurance penetration is also very low at 7% of GDP.

PM/VP/PRESIDENT SPEECHES

Vice President’s Speech:
  • On Failure: Never have the fear of failure. Fear of failure is the worst kind of a disease.
  • On personal growth: Behave like a river, don't be a canal. A canal is cemented, but a river meander and serves the society at large.

JUDGEMENTS/ COMMITTEE RECOMMENDATION

Supreme Court (SC) on Adultery (Section 497 IPC):
  • In Joseph Shine v. Union of India (2018): SC gave its landmark judgment in this case on adultery. 
  • SC declared Section 497 of the IPC unconstitutional, thereby decriminalizing adultery in India and emphasizing the importance of gender equality and individual dignity within marital relationships.

DEFINITION

Preventive Detention:  
  • Definition: Preventive detention under Article 22 of the Constitution refers to the lawful detention of an individual by the government or authorities without a formal trial or charge, with the primary objective of safeguarding national security, maintain public order, and prevent potential threats before they materialize. 
  • It is Its purpose is not to punish a person for a past offence but to prevent him from committing an offence in the near future. Thus, preventive detention is only a precautionary measure and based on suspicion.
Round-tripping:
  • Definition: Round tripping is a financial and business practice where funds or assets are moved through a series of transactions, often through complex routes, with the primary purpose of evading taxes and to launder money by creating the appearance of legitimate business activities.

QUOTES

Quote on Positive Values: A good world cannot be built on pride or selfishness, hatred or injustice, greed or lust for power”. –  S. Radhakrishnan
  • Meaning: The quote emphasizes the importance of positive values and ethical principles in the pursuit of a better world. It suggests that a truly good and just world cannot be constructed on a foundation of negative qualities such as pride, selfishness, hatred, injustice, greed, or a lust for power.
Samadhaan