Lal Bahadur Shashtri National Administration Academy LBSNAA 🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳

✅Gs3 : Mobilization of resources-> Green growth-> Climate financing 🔰Hypothesis : There is also a need to integrate environmental taxes in the Goods and Service Tax 🅾️Why? : To raise revenues- to save environment and increase health care spending as envisaged in National Health policy-One health system of WHO- importance of systems thinking ⚜️For a successful energy transition to greener renewable sources, countries have to spend around 1.5% of their GDP.There is a proposal that the global energy transition be financed through a system of the global carbon tax.even high-income countries like France, Sweden, and Switzerland. which have currently kept their per capita emissions low are beneficiaries of this globally-just policy-Click here

#Polity 🔴Gs-2 Vulnerable sections : Children ✅What is the Convention on the Rights of the Child - click here 🎖Protection of Children from Sexual Offences Act, 2012 🔴It was enacted to protect the children from offences of sexual assault, sexual harassment and pornography with due regard for safeguarding the interest and well-being of children. 🔴Bombay High Court held that - skin-to-skin contact is essential to constitute the offence defined under Section 7 of the Protection of Children from Sexual Offences Act, 2012 (POCSO Act). 🛑Section 354 of the Indian Penal Code, 1860, which deals with outraging modesty of women and which provides for a lesser sentence, was held to be applicable in such cases.

✅GS3- Mobilization of resources-Banking-> Insolvency=exit framework for capital ⚜️ Supreme Court of India gave a judgement on Essar Steel’s bankruptcy- SC has upheld the primacy of financial creditors over operational creditors- click here- It left out the issue of personal guarantors. ⚜️Recently Supreme Court upheld a government move to allow lenders initiate insolvency proceedings against personal guarantors. 🅾️What is personal guarantee?-concept of ‘guarantee’ is taken from Section 126 of the Indian Contracts Act, 1872-i.e. debtor fails to repay the debt to the creditor, the burden falls on the guarantor to pay the amount-The creditor reserves the right to begin insolvency proceedings against the personal guarantor if the latter does not pay. Usually, promoters of big businesses submit personal guarantees to creditors to secure loans and assure repayment.

#GS1-#Art_and_Culture 🔴GS1- Art and culture- 🔴GS1- History- 🎖UNESCO world Heritage site- UNESCO background- Click here 🎖In 2018 mains GS1 the question on need for safeguarding culture was based on UNESCO 1970 convention- Click here 🅾️UNESCO's motive is to safeguard culture-Heritage constitutes a source of identity and cohesion for communities disrupted by change and economic instability. Creativity contributes to building open, inclusive and pluralistic societies. Both heritage and creativity lay the foundations for vibrant, innovative and prosperous knowledge societies. ✳️convention to protect cultural property Rome statute, whether india ratified this or not?- Click here

✅Gs-3 : Economic Growth- Industries- Electronic Manufacturing In India- Semiconductors Industry ✅Gs-3 : Supply chain management ( This syllabus pointer was in the context of Agriculture but I believe it implicitly extends to other areas as well- Pandemic has shown why supply chains are important- this article is another proof) 🎖The present article talks about Semiconductor Industry ⚠️The Economic Survey 2019-20 promoted the idea of “assembly in India for the world”, especially in “networked products”, in a bid to create four crore well-paid jobs by 2025 and eight crore jobs by 2030. (statement verbatim from the Survey) ✅For this govt launched : Click here 🔅Production Linked Incentive (PLI) Scheme. 🔅Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS). 🔅Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme. 🔰Background : Uses of Semiconductors - Click here

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