[Premium] Space Activities Bill 2017 – Commercializing Indian Space Sector

Space

India has successfully demonstrated its space prowess for a while now. However, the Indian Space Research Organisation (ISRO) has monopolized this sector for a very long time. For India to become a global space power, it is essential to bring in the private players on board for a higher success rate.

Currently, the new start-ups are emerging in the space sector for undertaking ambitious projects like launching palm-sized satellites and propulsion of satellites using cleaner fuels. With the promise of high returns of the investment in this sector, there is an increased inflow of investments into these start-ups.

For the success of these new companies, it is essential for the Indian Government to provide a law that assures ease of doing business and faster promotion of these aspiring projects. The Space Activities Bill, 2017 is a major leap forward in this direction.

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[Premium] One Nation, One Ration Card Scheme – Pros & Cons

Federalism / PDS/Food Security / Schemes-Wise

India is a welfare state. This means that it is the duty of the government to ensure the protection and promotion of the economic and social well-being of its citizens. One Nation One Ration Card Scheme seeks to provide solutions to the limitations of the previous food security schemes that were domicile-based, that is, the beneficiaries can only avail for the assistance at a fixed Public Distribution System and cannot change this without undertaking prior complex procedures.

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Industrial Revolution 4.0: Are we prepared for it?

Artificial Intelligence / Industries / World History

The world is facing a continuous change due to the ever-increasing scientific and technological development and innovations. These developments have changed the political, social and economic lives of mankind.

The history in itself is defined by the improved technologies and new scientific discoveries like wheels, stone tools, steam engines, trains, automated machines, computers, etc. Now, we are at the cusp of the Fourth Industrial Revolution, the one that is dominated by technologies that far exceed human intelligence.

These innovations and technological growth may help mankind solve existing problems like poverty, death due to calamities, accidents, etc. These developments are fast-paced and ever-growing.

Currently, the laws and government policies are slow in preparing for these new technologies and scientific discoveries. The Indian Government must take immediate steps to make full use of the new and exhilarating possibilities arising out of the Industrial Revolution 4.0.

[Premium] Globalization 4.0 – What does it mean? & How will it Affect India?

Artificial Intelligence / Globalization & its effects

Currently, the world is facing many threats like climate change, isolationism, global conflicts, unemployment, poverty, and inequality. Simultaneously, with the advent of the Industrial revolution 4.0, the world is also facing exciting changes like the emergence of self-driving cars, 5G networks, etc. However, the Industrial Revolution 4.0 has its downside. It is argued that, if the change is not addressed properly there will be negative implications like a further increase in unemployment and poverty crisis. The concept of Globalization 4.0 seeks to address these issues and promote inclusive and sustainable growth.

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Artificial Intelligence (AI) – Everything You Need to Know

Artificial Intelligence / GS4

Artificial Intelligence (AI), also known as the Industrial Revolution 4.0, has been making deep strides in scientific and technological innovation across different fields. It is capable of bringing considerable transformations in the way civilian activities and military operations are conducted. However, there are also concerns regarding the AI’s implications for employment and other ethical issues.

[Premium] Judicial Review, Activism & Overreach – What is the Difference?

Judiciary/Justice

In recent times there have been intense debates and speculations about increasing judicial interventions into the legislative and executive policies of the government. Being a parliamentary democracy, it is essential to understand the limitations and distinctions of the authority vested in the executive, legislative and judiciary to ensure proper cooperation and coordination within the government.

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Goods and Services Tax (GST): All You Need to Know

Goods and Services Tax (GST) / Tax

The recent report of the Union comptroller and auditor general (CAG) on the goods and services tax (GST) does praise its rollout as a landmark achievement. Notably, the revenue obtained from the GST in July 2019 stood at Rs.1.02 lakh crore. This is a 5.8% hike when compared to the GST revenue collected during the same month last year. However, the CAG also points out several deficiencies in its implementation.