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But the challenges for this include
1. Falling oil prices
2. Get political situation in west Asia.
In spite of the falling oil prices Saudi is not interested in limiting its oil production. It sees impact on the
other countries, its rivals Iran and Russia is much worse. USA Shale companies are also bleeding due to
low oil prices. In this situation, Saudi Arabia is not interested to lose its market to the competitors.
Geo politically, Saudi Arabian involvement in Yemen and Syria did not yield any results. It's relations with
the USA are at historic low. Domestically, Unemployment is at the peak with 29.5%. All these challenges
put Saudi Arabian Monarchy at cross roads.
Crisis in Nepal
Discussed in 09 May 2016 newspaper.
If every map and any updation on the maps need the permissions of the Government agency as per the
bill, it will lead to red tape and it can kill the innovation. The existing system of sharing data is complex
and is inter wined between different companies. So, the work itself can be a gigantic task and so,
registration rather than prior approval can be a better idea.
Everydayness of violence
As per the Hobbes Leviathan sovereignty to the ruler is contracted to him by the people in return for his
maintains their physical safety.
In India, all the institutions are functioning and giving access to the educated, urban middle class. On the
other side, in Tribal belts, police stations have become the functional units of tyranny.
The mindless violence in tribal areas are the early warnings of a deeper crisis. India is deeply violent but,
it does not want to analyse such events. If we take the history, Eichmann responsible for holocaust of the
Jews in Second World War was a very ordinary man. But the society made his very ordinariness create a
genocidal script.( Eichmann in Jerusalem: A Report on the Banality of Evil. Arendt)
1. The stipulations are too stringent for the existing business to enter. In terms of total assets or
gross income. They shall have assets of Rs 500 crores or more and the non financial business shall
not be more than the 40%. The big business can invest upto 10% in the equity of the bank. This is
only investment and doesn't mean promoting a bank. It eliminates all the industrial houses
2. Competition is hotting up already 11 payments banks and 10 small finance banks, Bandhan, IDFC
as full time banks are given permissions.
3. Cost of the banking operations has substantially increased.
4. Raising stressed assets and dipping profits are giving nightmares to existing banks.
5. Operational conditions are very stringent ex The minimum capital adequacy ratio required to
be maintained is at 13% for a minimum period of three years and the bank need to be listed with
in 6 years.
To Better health
GS 2 - Governance - - Issues related to Health, education, Skill development, Health and Nutrition
Supreme Court directives to make NEET compulsory for medical college entrance admissions and
appointment of the 3 member committee headed by Justice Lodha are remarkable steps in restructuring
health care sector in India.
Already, the draft National commission for Human resources for Health is pending in parliament. Ranjit
Roy Chaudhary committee also made recommendations for re-structuring of the MCI.
As per the recommendations of the committee an Exit exam need to be conducted for all
The doctors to get an MCI certification. It ensures the basic skills and competency on the part of the
practitioner of the medicine in India.
power/diplomacy
Degree of Exclusion
Haryana and Rajasthan has prescribed the educational qualifications for contesting Panchayat elections.
SC of India also upheld the law. The Basic premise is education is seen as a precondition for efficiency and
it will enable candidates to discriminate between right and wrong. Both of the above arguments were
refuted by the Dr.B.R Ambedkar.
Death Penalty India Report by National Law University discussed yesterday
Explained - Insolvency and Bankruptcy code, 2015. discussed in a separate video.
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