Civil Service Bytes News Analysis January 2016

Morning News Analysis with Mind Map
 Odd-even scheme for cars rolls out in the National Capital to curb vehicular pollution.
 Centre invites Gorkha Janmukti Morcha for tripartite talks on the Gorkhaland Territorial Administration agreement.
 In Bangladesh, two students sentenced to death for killing of a blogger in 2013.
 The World welcomes New year 2016 with pomp and show.
 In Sports; Indian Test Captain Virat Kohli is BCCI's 'Cricketer of the Year' 2015; Mithali Raj picked for women's top award.
 And, India to meet Afghanistan in the final of the South Asian Football Federation Cup.

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Inland Waterways in India

Here are some key points you need to know: The bill seeks to add 106 inland waterways to the existing six National Waterways on the recommendations of the Parliamentary Standing Committee on Transport, Tourism and Culture and comments of several state governments The bill will also look after the renovation and maintenance of the existing waterways Out of the 106 new waterways, 18 have already been identified. These include five waterways each from Karnataka and Meghalaya, three each from Maharashtra and Kerala, one each from Tamil Nadu and Rajasthan The bill also aims to help the Inland Waterways Authority of India (IWAI) to develop the feasible stretches for Shipping and Navigation. Let us look at the six existing National Waterways in India: National Waterway 1 (NW1) The National Waterway No. 1 uses a 1,620-kilometre stretch of the Ganges River. It was declared a national waterway in the year 1986 and runs from Allahabad in Uttar Pradesh to Haldia in West Bengal....

India's Macroeconomy Post-Keynesian Insights.

Click Here for PDF version Market, Regulations and Finance: Global Meltdown and the Indian Economy edited by Ratan Khasnabis and Indrani Chakraborty; New Delhi and New York: Springer India, India Studies in Business and Economics, 2014; pp 266, price not indicated. Errol D’Souza ( errol@iimahd.ernet.in ) teaches Economics at IIM Ahmedabad. This is a book of articles on finance and the macroeconomy of India after the global financial crisis, written by those who have a perspective that the editors broadly describe as having a commonality with post-Keynesians. To me the essence of this approach is to stress that in a monetary production economy, the level of economic activity is set by the level of effective demand and that this is usually not consistent with full employment. The capitalist system based on free market principles is, in this view, inherently cyclical and unstable. Indeed, the first article in the book on an Indian perspective on monetary policy...

INS Kadmatt commissioned at Naval Dockyard in Visakhapatnam

INS Kadmatt commissioned at Naval Dockyard in Visakhapatnam INS Kadmatt, the second ship of Project 28 class ,anti-submarine warfare (ASW) corvettes, was commissioned at the Naval Dockyard in Visakhapatnam. INS Kadmatt is the second of four anti-submarine warfare corvettes built for the Indian Navy by the Garden Reach Shipbuilders and Engineers of Kolkata under Project 28. INS Kadmatt has been named after the Kadmat Island of India’s Lakshadweep Islands. The primary role of the INS Kadmatt is in anti submarine warfare – to protect ships in convoys and ports from enemy submarine attacks. What is anti submarine warfare? Anti-submarine warfare is a branch of underwater warfare that uses surface warships, aircraft, or other submarines to find, track and deter, damage or destroy enemy submarines. Successful anti-submarine warfare depends on a mix of sensor and weapon technology, training, experience and luck. Soph...

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