Competitive Academy Hindu Newspaper Analysis | 13 Aug 2022

 good morning students welcome to 

our daily hindu analysis let's get  

started with analysis of today's paper by 

taking up an article from page number one  

of delhi edition it is headlined as at above 

seven percent retail inflation stays stubborn  

in this article we have to know what is 

inflation how it is measured and its impact

it refers to the rise in price of most 

goods and services of daily common use  

inflation measures the average price change in 

basket of commodities services over time in india  

inflation is primarily measured by two main 

indices wholesale price index and consumer  

price index right wholesale price index  

uh wpi captures the average movement of wholesale 

prices of goods it is primarily used as gdp  

diff later again consumer price index it is 

an index measuring retail inflation in the  

economy by collecting change in prices of most 

common goods and services used by consumers

inflation can be viewed positively or 

negatively depending on the individual  

viewpoint and rate of change high inflation 

rate erodes the purchasing power of people  

however moderate level of inflation is required 

in the economy to ensure that production is  

promoted our next important headline is high court 

asks center to file exhaustive reply on fund it is  

available on page number three related to paper 

to policy and governance section in this article  

we have to know about the prime minister's citizen 

assistant and relief in emergency situation fund  

also known as pm cares fund what is 

the issue concerning the pm cares fund  

and observations of the court recently 

high court took exception to the center  

filling one page reply on pmq refund 

on which the petition has been filled  

it to declare it as state under the constitution 

to ensure transparency in its functioning  

partition was filled in 2021 has sought to 

declare pm care fund a state under article

12 of the constitution and to direct the fund 

to disclose its audit reports on pm cares funds  

website periodically high court had earlier 

issued notice to the center on the petition  

another petition filled in same petitioner in 2020 

seeking to declare pm care fund a public authority  

under the right to information act is also pending 

in the court which had earlier sought the center  

reply on it our response to government in response 

to 2021 petition center has said that trust  

functions with transparency and 

its funds are audited by auditor  

a chartered accountant drawn from 

the panel prepared by computeral  

and auditor journal of india it contended 

that irrespective of status of pm care fund  

under the constitution and rda act it is not 

permissible to disclose third party information

it is a dedicated fund with the primary 

objective of dealing with any kind of emergency  

or distress situation and to provide relief to 

the affected it was established in 2020 during the  

kobe 19 pandemic it is a public charitable trust 

registered under registration act 19 0 8 right  

prime minister is the ex-official chairman 

of the fund fund consist entirely voluntary  

contributions from the individual organizations 

and does not get any budgetary support right  

our next important headline is create more jobs 

revamp employment policy it is available on page  

number six lead to paper three economy section 

in this article we have to know what is the  

rationale behind the government of india's recent 

announcement to create 10 lakh government job in  

next 18 months employment data issues with 

it and what steps need to be taken in this  

context rationally it appears that government 

is perhaps facing a serious shortage of stops  

when then causing long delays in 

work corruptions and maybe other  

inefficiencies however government has not made any 

complaints about such shortages in recent years

associated there are as many eight point seven 

two lakh positions that were vacant in various  

departments of the central government or a court 

major concern about the quality of employment that  

will be generated through this plan as we know 

the share of contract workers in total government  

employment has been increasing rapidly in recent 

years from 11.1 lakh in 2017 to 13.25 lakh in 2020  

and to 24.31 lakh in 2021 anganwadi workers 

asha workers of the government earn lower salary  

are not entitled to decent work conditions 

including minimum package of social security  

the performance of private sector in creating 

employment opportunities has remained decimal  

what steps need to be taken context government 

must ensure that employments generated under its  

plan will be of standard quality government 

must reorient industrialization policy to  

focus on labor intensive sectors of the economy 

and promote small and micro medium enterprises  

in formal production by ensuring better technology 

higher productivity providing finances pushing  

further cluster development for all industries 

that have potential right our next important  

headline is scale of municipal finances is an 

inadequate it is available on page number seven  

related to paper to polity and governance action 

in this article we have to know about the present  

status of municipal finances challenges faced by 

them and what should be the ways to handle them  

health of municipal finances it is a 

critical element of municipal revenue  

municipal governance which will determine 

whether india realizes her economic  

and development promise beginning 

of urban empowerment the 74th  

constitutional amendment act was passed in 

92 mandating the setting up and evolution of  

powers to urban local bodies as the lowest 

unit of governance in cities and towns  

constitutional provisions were made for ulbs 

physical empowerment revenue urban local bodies  

fees fines charges transfer from central and state 

governments which are known as inter-governmental  

transfers these are the major source of 

revenues for urban local bodies challenges  

growing fiscal deficit constants in tax base 

expansion weakening of institutional mechanisms  

that enable resource mobilization and remain 

challenges revenue losses after implementation  

of goods and service and pandemic have exhibited 

the situation right what should be the way  

forward as we know urban local bodies revenue 

resources are far below the estimated potential  

tapping into property taxes other land-based 

resources user charges are always ways to  

improve revenue of urban local bodies right inter 

governmental transfers and is assumed significance  

in physical composition of ulvs and stable 

support from the central and state government  

is crucial till urban local bodies improve their 

own revenues right our next important headline is  

a guarantor of free speech it is available on 

page number seven related to paper to polity  

and governance section in this article we have 

to know what are the constitutional provisions  

related to freedom of speech and expressions 

again constitutional provisions article 19  

a of the constitution of india states that all 

citizens shall have the right to freedom of speech  

and expressions however excise of this right is 

subject to reasonable restrictions for certain  

purposes being imposed under article 19 2 of the 

constitution of india also we have to know debates  

on limits to freedom of speech supreme court's 

observation and way ahead our next important  

headline is mediation will not getting the act 

together available on page number nine related  

to paper to polity and governance section in this 

article we have to know what is mediation major  

provisions of the mediation bill issues that need 

to be addressed supreme court of india view and  

conclusion okay mediation kevin it is a voluntary 

binding process in which an impartial and neutral  

mediator facilitates disputing parties in reaching 

a settlement a mediator does not impose a solution  

but creates conducive environment in which 

disputing parties can resolve their disputes  

occur mediation bill 2021 kibabatkan it was 

introduced in december 2021 it seeks to promote  

mediation and provide enforcement of settlement 

agreements resulting from mediation the bill  

acknowledges the importance of institutes to train 

mediators service providers to provide structured  

mediation under the rules and it provides 

pre-litigation mediation right our next  

important headline is nasa's telescopes dives 

deep into the universe it is available on page  

number 13 related to paper 3 science and 

technology part in this article we have to  

learn facts related to james webb telescopes and 

its latest achievement recently first image from  

nasa's new space telescope is the deepest view 

of the universe ever captured our view included  

planet outside our solar system two images of 

nebula where stars are born and die in spectacular  

beauty and update of classic image of five tight 

clustered galaxies that dance around each other  

agar ham telescope james webb telescope nasa 

led its development with european space agency  

and canadian space agency right it was launched 

abroad at rocket on december 25 2021 it will  

examine the every phase of cosmic history ranging 

from big bang to the formation of galaxies stars  

planets to the evolution of our own solar system 

right our next important headline is industrial  

output jumps 19.6 percent it is available on page 

number 14 related to paper 3 economy section in  

this article we have to know what is index of 

eight core industries a graph index of eight  

core industries keep upgrade it is a composite 

indicator that measures the growth rate of  

industry and groups classified under broad sectors 

namely mining manufacturing electricity and use  

base sectors namely basic goods capital goods 

intermediate goods in india first official attempt  

to compute the index of industrial production was 

made much earlier than the first recommendation  

on the subject came at international level i got 

eight core industries these comprises forty point  

two seven percent of the weight of items included 

in the index of industrial production again  

decreasing order keyboard of their weightage 

so i'll use abbreviations refinery products  

electricity steel coal crude oil and 

natural gas and cement fertilizers  

right our next important headline is impact 

of inflation on india's poor negligible  

sitharaman in this article we have to 

know what is the impact of inflation  

on india's poor findings of united nations 

development program report in this context

impact of inflation on india's 

poor would be negligible as per the  

united nations development program our undp's 

conclusion in the report emphasizes that  

india's well-tailored program carried out over 

the past two years to support people and ensures  

that they don't run the risk of slipping into 

poverty seem to have made an impact on the ground  

so that's all for the day thank you for 

being with us have a beautiful day ahead