Be Happy, Share & Help Each Other!!! जह हर य ल वह ख शह ल प ड़ लग ओ प ड़ बच ओ, इस द न य क स द ब ओ जल ह त कल ह

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1 जह हर य ल वह ख शह ल प ड़ लग ओ प ड़ बच ओ, इस द न य क स द ब ओ जल ह त कल ह

2 1- Quote 2- Editorials 3- Vocabulary 4- Subjective Q 5- Current Affair Q 6- News Analysis 7- Capital & Currency 8- Prelims Focus Facts 9- Revision(Base Knowledge) 10- Maps Practice-(Q-Iceland )

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4 Delhi Edition of The Hindu Follow on FB- VeeR Talyan

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7 Today- Question words Rupee s troubles just do not seem to end. On. The currency weakened past 69 intraday against the U.S. dollar, an all time low. Analyse the Situation.

8 Today- Question words Rupee s troubles just do not seem to end. On. The currency weakened past 69 intraday against the U.S. dollar, an all time low. Analyse the Situation.

9 Sinking rupee As the dollar puts emerging market currencies under strain, the RBI needs to have a plan Rupee s troubles just do not seem to end- weakened 69 Lost almost 8% in value since January 1, is the worst performing currency in Asia this year Rise in international crude oil prices is one of the reasons behind the rupee s decline as importers have had to shell o ut more dollars to fund their purchases. India s current account deficit jumped to 1.9% of GDP Now expected to widen to 2.5% in FY Could spell even more trouble for the rupee Ongoing trade war could be another factor Tightening of U.S. monetary policy Investors attracted by higher yields in the United States- capital out of India RBI may need to think out of the box to avoid a crisis similar to the taper tantrum of 2013.

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11 The deepening disconnect Postponement of the 2+2 dialogue has come amid growing India U.S. estrangement in South Asia

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13 Target incomes, not prices Income support must be provided to at least the most vulnerable farmers Our farm policy is so bad, the proverb you reap(क ट ) what you sow(ब ज ब ) isn t true any longer A bumper crop is no different from a drought, for it too depresses farm incomes. None of the economic tools available for protecting farm incomes Price support scheme, Price stabilisation fund Market intervention scheme Instead, inflows of imports were allowed to go on, which worsened the price situation

14 Continue Budget promised that the Minimum Support Prices (MSPs) would be at least 150% of production costs, a longstanding demand of farmers and recommendation of experts. Even if the market prices fall below the MSP, as they did for major kharif crops in 2017, the government will procure the produce on MSP. And if it does not procure, it will provide a mechanism to ensure payments, equal to the gap between the MSP and the market price, would reach farmers. On the formula for calculating production costs for plugging into the MSP formula, farmer groups and the government are not as yet on the same page The system is not geared for scaling up procurement- For several crops last year, the quantities procured were small portions of the total produce

15 Continue MSPs are announced for more than 20 crops, noteworthy procurement is conducted for three: paddy, wheat and sugarcane (procurement by sugar mills, not the government, given cane must be crushed within a few hours of being cut, or it dries, impacting sugar recovery drastically) Procurement frequently takes places at prices below the MSP, as is happening this year, according to reports. Finally, small and vulnerable farmers usually do not get paid MSPs at all, as they sell their produce to aggregators, not directly in mandis. The Telangana example- announced such payments for farmers at the rate of 1 0,000/ha ( 4 000/acre) per season. Forget that the agriculture sector engages more than 50% of the total workforce The current farm crisis is purely because of policy failure- there is no alternative to reforms.

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19 Prelims Focus Facts-News Analysis Page-1- LeT killed Bukhari: J&K police The plot was hatched in Pakistan and it was executed by four militants

20 Prelims Focus Facts-News Analysis Page-1- Revise relations with Iran, Haley tells India Calling Iran a threat to the world, U.S. envoy to the UN Nikki Haley

21 Prelims Focus Facts-News Analysis Five killed as aircraft crashes into construction site

22 Prelims Focus Facts-News Analysis

23 Prelims Focus Facts-News Analysis Turmoil continues in Karnataka Cong. Kharif sowing on, but no word on MSPs Trump Putin summit to unfold in Helsinki on July postponed due to scheduling issue

24 Map Practice

25 Last Day- Q s- Answers Pradhan Mantri Ujjwala Yojana Launched by Hon ble Prime Minister Shri Narendra Modi on May 1st, 2016 in Ballia, Uttar Pradesh. Implemented by- Ministry of petroleum & Natural Gas Dharmendra Pradhan - Ministry of Petrolium and Natural gas

26 Telegram- Follow on FB- VeeR Talyan