11 May 2016

Compensatory Afforestation Fund bill passed to create special funds

Compensatory Afforestation Fund bill passed to create special funds
The bill paves the way for unlocking of nearly Rs.41,000 crore earmarked for forest land which is lying unspent, Javadekar said.
Lok Sabha has passed the much talked about Compensatory Afforestation Fund bill, 2015 that seeks to establish setting up of a National Compensatory Afforestation Fund and also a State Compensatory Afforestation Fund.
Thanking the members for their cooperation in passing the bill, Environment Minister Prakash Javadekar on Tuesday evening said it will be a historical legislation and will go a long way in ensuring countrywide afforestation programme.
Members cutting across party lines supported the bill.
The bill paves the way for unlocking of nearly Rs.41,000 crore earmarked for forest land which is lying unspent, Javadekar said.
The salient features of the afforestation programme will be people’s participation, social audit and there will not be any displacement, the minister said while replying to specific queries from Asaduddin Owaisi of All India Majlis—e-Ittehadul Muslimeen (AIMIM).
“Besides the exotic plants, emphasis will be on native species,” Javadekar said.
The bill also ensures that the funds encourage compensatory afforestation. The national fund will receive 10 percent of it, and the states will receive the remaining 90 percent of the fund.
“These funds will be primarily spent on afforestation to compensate for loss of forest cover, regeneration of forest ecosystem, wildlife protection and infrastructure development,” he said.
However, Javadekar said the funds under the new law under the provisions of the Compensatory Afforestation Fund bill should not be the only forest budget for the states.
“The states must give their regular budget to forest (department). But this will be only an additional funding,” he said.
Stressing the importance of people’s participation in the afforestation programme, he said: “Wherever people’s participation is there, and wherever people’s livelihood is connected to the forest, they just don’t allow illegal destruction of forest.”
Among others, Pinaki Mishra of Biju Janata Dal also lauded the bill.
“Odisha is already doing very good in afforestation programme under the personal supervision of Chief Minister Naveen Patnaik. This bill only gives the efforts further boost,” Mishra said.
The bill was passed by voice vote and at the end of the process even the Lok Sabha Speaker Sumitra Mahajan appreciated the draft legislation passed unanimously with members from different parties making their positive contribution by way of suggestions to improve the system.

About the MPC:

About the MPC:
Last year, the government and the Reserve Bank of India (RBI) had agreed to adopt a monetary policy framework, which will make taming inflation the primary priority of the central bank’s policy decisions.
What it does?
The MPC will set interest rates to keep retail inflation within targets. Inflation targets will be set once every five years.
Composition:
The committee will have six members. Of the six members, the government will nominate three. The RBI Governor will chair the committee. The governor, however, will not enjoy a veto power to overrule the other panel members, but will have a casting vote in case of a tie. No government official will be nominated to the MPC.
The other three members would be from the RBI with the governor being the ex-officio chairperson. Deputy governor of RBI in charge of the monetary policy will be a member, as also an executive director of the central bank. Decisions will be taken by majority vote with each member having a vote.
The government nominees to the MPC will be selected by a Search-cum-Selection Committee under Cabinet Secretary with RBI Governor and Economic Affairs Secretary and three experts in the field of economics or banking or finance or monetary policy as its members.
Members of the MPC will be appointed for a period of four years and shall not be eligible for reappointment
Present scenario:
At present, the RBI’s Monetary Policy Department (MPD) assists the governor in formulating the monetary policy. Views of all key stakeholders in the economy, advice of the Technical Advisory Committee (TAC) contribute to the process for arriving at the key decision on policy repo rate — the rate at which the central bank lends to banks. The governor, however, has overriding powers to decide on interest rates.

India ranks 9th in crony-capitalism index: The Economist

India ranks 9th in crony-capitalism index: The Economist
India is ranked at ninth position in crony-capitalism with crony sector wealth accounting for 3.4 per cent of the gross domestic product (GDP), according to a new study by The Economist.
In India, the non-crony sector wealth amounts to 8.3 per cent of the GDP, as per the latest crony-capitalism index.
In 2014 ranking also, India stood at the ninth place.
Using data from a list of the world’s billionaires and their worth published by Forbes, each individual is labelled as crony or not based on the source of their wealth.Germany is cleanest, where just a sliver of the country’s billionaires derives their wealth from crony sectors.
Russia fares worst in the index, wealth from the country’s crony sectors amounts to 18 per cent of its GDP, it said.
Russia tops the list followed by Malaysia, the Philippines and Singapore.
“Thanks to tumbling energy and commodity prices politically connected tycoons have been feeling the squeeze in recent years,” the study said.
Among the 22 economies in the index, crony wealth has fallen by USD 116 billion since 2014.
“But as things stand, if commodity prices rebound, crony capitalists wealth is sure to rise again,” it added.
The past 20 years have been a golden age for crony capitalists/tycoons active in industries where chumminess with government is part of the game.
Their combined fortunes have dropped 16 per cent since 2014, according to The Economist updated crony-capitalism index.
“One reason is the commodity crash. Another is a backlash from the middle class,” it said.
Worldwide, the worth of billionaires in crony industries soared by 385 per cent between 2004 and 2014 to USD 2 trillion, it added.
.....................................................................................
‪#‎Cronycapitalism‬ is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of state interventionism.
What is 'Crony Capitalism'
Crony capitalism is a description of capitalist society as being based on the close relationships between businessmen and the state. Instead of success being determined by a free market and the rule of law, the success of a business is dependent on the favoritism that is shown to it by the ruling government in the form of tax breaks, government grants and other incentives.
BREAKING DOWN 'Crony Capitalism'
Both socialists and capitalists have been at odds with each other over assigning blame to the opposite group for the rise of crony capitalism. Socialists believe that crony capitalism is the inevitable result of pure capitalism. This belief is supported by their claims that people in power, whether business or government, look to stay in power and the only way to do this is to create networks between government and business that support each other.
On the other hand, capitalists believe that crony capitalism arises from the need of socialist governments to control the state. This requires businesses to operate closely with the government to achieve the greatest success.

Inequality in India is far worse than believed

Inequality in India is far worse than believed
It’s of Latin American rather than East Asian proportions. That is a problem
In his landmark budget speech in 1992, Manmohan Singh had said that the eventual aim of economic reforms was to encourage the growth of industries that use labour intensively, create jobs in the productive sectors of the economy and reduce income inequalities. He was clearly inspired by the success that many Asian countries had in the previous decades in pushing up average incomes without making inequality worse.
New data released in recent weeks shows that inequality in India is of Latin American rather than East Asian proportions. In its Asian regional economic outlook released last week, the International Monetary Fund (IMF) has put out new data that shows how the two most successful Asian economies after 1990—China and India—have seen inequality rise in tandem with economic growth. This is in sharp contrast to what happened in countries such as South Korea or Taiwan in earlier decades. The multilateral lender has based its analysis on the Gini coefficient, a standard measure used by economists to measure inequality.
The IMF estimates that the Gini coefficient for India has gone up from 45 in 1990 to 51 in 2013. China has done even worse. Its Gini coefficient has climbed from 33 to 53 in the same period. The IMF inequality estimates are very similar to the results from a new global study by the LIS Data Centre in Luxembourg, which has recently said that India has a Gini coefficient of 50. These numbers are far higher than the official estimates of inequality that are mistakenly based on consumption rather than income.
The inequality problem has to be understood properly if it has to be dealt with successfully. Too much of the Indian debate is dominated by either angry ideological battles or vacuous moralizing. There are several possible explanations for growing income inequality—from the nature of technological progress to the lack of opportunities due to the caste system, to ineffective government spending programmes and lack of infrastructure that connects people in the interiors to markets.
One important ingredient in this debate goes back to a link Singh made in his 1992 budget speech—the need for greater job creation in the modern sectors of the economy. This has been one of the few distinct failures amid the overall success of the economic reforms. The failure to create enough factory and office jobs has stymied the overdue shift of people from low productivity to high productivity work.
Inequality in India has two extra facets that deserve attention. First, there is difference in productivity growth between the urban and rural areas. Second, there is the income gap within the cities between those who have been able to connect to the global economy and those who have not. One practical illustration of this is the millions of farmers who remain trapped in a stagnant agricultural sector. Those who have managed to escape tend to eke out a living in tiny enterprises that have no access to formal credit, growing markets, technology or modern management, as the new Economic Census released by the government last month so starkly highlighted.
The countries of East Asia managed to evade this trap through labour-intensive industrialization that moved millions of poor people from farms to modern factories. The troublesome question is whether India can replicate this Lewisian transition at a time when robotics is changing the nature of industrial work.
The global picture is more pleasing to the eye. Global inequality has actually decreased since millions of Indians and Chinese began joining the global middle class from 1990 onwards. Lower global inequality is paradoxically a result of higher inequality in India and China.
Very high levels of inequality are bad in themselves. Harvard University economist Dani Rodrik has also argued that widening inequality can weaken public support for economic reforms, and thus encourage governments to choose populist policies. That is precisely what we saw with Manmohan Singh Ver 2.0—the prime minister of the two United Progressive Alliance governments rather than the finance minister of the P.V. Narasimha Rao government.
This is a lesson that the economic strategists around Narendra Modi should be sensitive to.
What policies should the government focus on to reduce inequality?

proud of uttarakhand :Narendra bhandari






Tina Dabi is the Topper of the Union Public Service Commission Civil Services Examination 2015.

हरियाणा में महिला सशक्तीकरण के लिए काम करना चाहती हूं: UPSC टॉपर टीना
लोक सेवा परीक्षा में सर्वोच्च स्थान हासिल करने वाली टीना डाबी ने कहा है कि वह हरियाणा में लिंगानुपात को बहेतर बनाने और महिला सशक्तीकरण के लिए काम करना चाहती हैं।
उन्होंने कहा, मैं हमेशा से चुनौतीपूर्ण राज्य में काम करना चाहती थी। इसलिए मैंने हरियाणा को चुना। हम जानते हैं कि वहां लड़के और लड़कियों का अनुपात काफी कम है इसलिए मैं वहां महिला सशक्तीकरण के लिए अपना योगदान देना चाहती हूं।
सिविल सर्विसेज का रिजल्ट जारी, टॉपर टीना डाबी बोलीं, मेरे लिए गर्व का पल
दिल्ली के लेडी श्रीराम कॉलेज से स्नातक करने वाली 22 वर्षीय टीना ने साल 2015 की लोक सेवा परीक्षा में सर्वोच्च स्थान हासिल किया है। यह उनका पहला प्रयास था।
टीना ने कहा, मेरी मां मेरी आदर्श है। वह चाहती थी कि मैं राजनीतिक शास्त्र की पढ़ाई करूं। मैंने इसका चुनाव किया और परीक्षा पास की। यह मेरा मुख्य विषय था।
उनकी मां हिमाली भारतीय इंजीनियरिंग सेवा (ईईएस) की अधिकारी थीं और स्वैच्छिक सेवानिवृत्ति ले ली थी। टीना के पिता जसवंत आईईएस अधिकारी हैं। उन्होंने कहा, यह मेरे जीवन का सर्वश्रेष्ठ दिन है।

 #‎PROUDOFINDIA‬ ‪#‎PROUDFORGIRLS‬
Tina Dabi is the Topper of the Union Public Service Commission Civil Services Examination 2015. The UPSC has declared the UPSC Final Result 2015 on their official website today online. You can have a look at the UPSC Final Result 2015 here. We from our team would like to congratulate Tina Dabi IAS Topper. We will provide you more information regarding this remarkable talent from our country.
Tina Dabi Details
Rank in CSE - 1
Roll No. - 0256747
Age - 22
Attempts - 1
Optional Subject - Poltical Science
Schooling Medium - English, Convent of Jesus and Mary School
College medium - English, Lady Shri Ram College
Medium chosen for Mains answers - English
Medium chosen for Interview - English
Home town/city - Delhi, born in Bhopal
Work-experience if any - 0 years
Details of other competitive exams, including success/failures - Nil
Details of coaching, mock tests, postal material for any competitive exam (if used) - Enrolled at Delhi coaching for one year. joined mock test series as well.
Service preferences (Top-5) - IAS>IPS>IFS>IRS(IT)>IRS(CE)
State cadre preference - Haryayana
*Tina Dabi’s Educational Background*
% in class 10th - 90.2%
% in class 12th - 91.4%
Graduation course and % - Political Science (Eco majors) - 81.5%
Name of college, city, passing out year - Lady Shri Ram College, Delhi University
Post-graduation No
Any other professional courses - NA
Hobbies & Extracurricular achievements Hobbies:
Painting (Madhubani art), travelling, playing, singing, basketball, playing guitar, photography and reading novels of Jane Austen.
Extracurricular achievements:
University gold medal-political science
University topper-academic year
Best all round student award


 "कद्र करो माँ बाप की,
दुआओं में उनकी ताकत है।"

 

 सफलता को कभी अपने सिर पर न चढ़ने दें। और असफलता को कभी दिल में न उतरने दें।”
 

पूर्व सैनिक की बेटी ने सेल्फ स्टडी कर गाड़ा IAS में झंडा:#proudofuttarakhand

पूर्व सैनिक की बेटी ने सेल्फ स्टडी कर गाड़ा IAS में झंडा
उत्तराखंड के पूर्व सैनिक की बेटी बंदना पोखरियाल ने सिविल सेवा परीक्षा में 83वीं रैंक हासिल करके प्रदेश में मान बढ़ाया है। 26 वर्षीय बंदना इन दिनों गुजरात में सेंट्रल एक्साइज इंस्पेक्टर के पद पर तैनात हैं। बंदना ने यह सफलता ढाई साल की सेल्फ स्टडी से हासिल की है।
मूलरूप से पौड़ी के बीरोंखाल निवासी सेना से रिटायर्ड जूनियर कमीशन ऑफिसर चंद्र शशि पोखरियाल और मंजू पोखरियाल की बेटी बंदना इन दिनों गुजरात के वापी में सेंट्रल एक्साइज इंस्पेक्टर पद पर तैनात हैं। फोन पर हुई बातचीत में बताया कि दूसरी बार में उन्हें यह कामयाबी हासिल हुई।
पिता के सेना में होने की वजह से उनकी पढ़ाई कई राज्यों में हुई। उन्होंने आर्मी स्कूल, रानीखेत से 11वीं और 12वीं की पढ़ाई की है। बंदना ने बताया कि तीन भाई-बहनों में वह सबसे बड़ी हैं। उनसे छोटे एक भाई और एक बहन हैं।

 

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UKPCS2012 FINAL RESULT SAMVEG IAS DEHRADUN

    Heartfelt congratulations to all my dear student .this was outstanding performance .this was possible due to ...