Skip to main content

Posts

Showing posts with the label banks

The HINDU Editorial notes for UPSC exam September 6,2019

THE HINDU Editorial notes   September 6,2019 1) Teaching in the time of consumerism This article talks about the current state of teaching and school teachers in India. Public perception of school teacher is quite negative in many parts of the country,low popularity of school teaching has been linked to changing social ethics and state policy over the last three decades.              pic credits: thehindu.com Parents nowadays see the children's school life as an investment for which they demand best value.Children come to school with a lot of baggage from their home ,while parents are busy dealing with their own work life, coupled with recent advances in technology which has reduced socialization  to a considerable extent. Despite these changes and difficulties ,there are several thousand teachers who are committed to their duty Although quality of teachers in schools is a long term issue, it has severely worsened Po...

The Hindu editorial notes 2 September 2019

UPSC current affairs- THE HINDU Editorial notes September 2,2019 1) Banking on the Banks for expansion    The article focuses on the need for keynesian economics to revive India's economy Keynesian economy is a theory  named after Economist John Maynard Keynes ,in the post world war scenario,he advocated for increased government expenditure and less taxes to stimulate demand and recover the economy This theory was criticized by free market economists as excessive government intervention in economy,However  Keynesian model helped a great deal in the recovery of post war economies of European countries       credit:PIB Now India is facing a economic slowdown ,as evident from recently released 2018 Q1 GDP rate of 5%. The  Finance minister recently announced measures to revive ailing automobile sector,to lessen tax terrorism and infusion to capital into Public sector banks to offset for lack of credit,The first two measures are...