Capital gain tax will be exempted on redemption. . high price of offer nt matching international bullion price, price ws pegged to import duty. As duty ws lowered, investors incurred losses. What next?- set wrt international bullion price exclusive of import duty, remove pegging to import duty, shd allow NBFCs dealing in gold such as muthoot finance to market these schemes. (they hv a trust base with customer), Target base of this scheme is those who invest in gold to benefit frm capital appreciation ie as an investment. Rest who spend on weddings r nt the target. This wd hv helped Govt in lower gold imports n shift ppl frm physical gold to paper gold as better security against theft/loss Sovereign Gold Bond one wd get coupon of 2.5% pa at HY duration, thus it allows investors to invest in gold n benefit frm capital appreciation without the need to invest in physical gold.............Y?- cut down on import bill Gold monetisation scheme objectives- To use idle gold holdings..here one deposits one’s gold in bank Medical termination of Pregnancy Act 1971 (MTP) It allows abortion till 20 weeks only and only under certain circumstances such as: Danger to mother health Foetal abnormality Rape case Minor n unmarried girl On advise of a doctor who certifies above conditions Beyond 20 weeks, abortion is allowed only if mother’s life is at risk. Not in case of abnormality of foetus. That’s why for beyond 20 abortion, ppl seek court’s intervention. Why change needed? Abnormailities r detected only arnd 18-24 weeks of pregnancy, that leaves little or no time for pregnant women to seek abortion It ds nt allow a woman to abort a child in case of foetal abnormality beyond 20 weeks Woman’s right over her body-angle is nt addressed Why nt? Cn be misused to abort girl children
Predatory Journalism- publishing research findings in fake journals, do nt hv any peer review mechanism, they do nt enjoy legitimacy in the scientific community. Why India ds nt consider China mkt economy? India considers Chinese firms as operating in a non-market economy due to the significant control of the state in firms’ operations and input factors such as raw material, power, land, and labour. China is known fr keeping its currency devalued, US called it currency manipulator For these reasons India imposes ADD on Chinese products. India is justified cz- India’s action is based on rules accepted by WTO, India ds it nt against China only bt basis the merits of the case- any other country that might be tampering the prices eg Korea n Japan ke against bhi lagayi thi ADD. Besides, India is known fr playing by the rules bt China violates d set norms National Policy 2017- increase per capita steel consumption to 160 kg by 2030; housing, auto n infra sectors to be biggest consumers, reduce dependence on imported coal, invest in R&D, increase efficiency to reduce energy intensity National Strategic Partnership fr jt production to boost Mk in India n indigenisation of defence parts, basis dhirendra singh committee... Regulatory bodies in India Sector Functions Telecom Regulatory Authority of India Telecommunication and Tariffs To make regulations to ease competition and enhance the efficiency in the operation of telecommunication services The Competition Commission of India Company affairs To protect the interest of consumers, prevent some practices having harmful effect on competition Securities and Exchange Board of India Securities (Stock) and Capital Market To safeguard the interests of investors and to regulate the securities market.