Daily Practice Sheet 18 January 2022
- January 18, 2022
- Posted by: OptimizeIAS Team
- Category: DPS
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Daily Practice Sheet
18 January 2022
Daily Prelims Topic
- Livestock Health and Disease Control (LH&DC) programme
- Guru Ravidas
- Parsi Last Rites
- Forest Definition
- Tonga Volcanic Eruption and Global Climate
- Save Silent Valley Campaign
- Red Sea
- NIA Act 2019
- World Economic Forum’s Davos Agenda 2022 Summit
- Republic Day Tableaux Selection
Daily Mapping
- Silent valley
Daily Committee
M.K. Jain Committee Report: The livestock farmers face greater challenges in comparison to traditional agricultural Farmers especially while accessing credit and livestock insurance.
The Parliamentary Standing Committee of the Union Ministry of Fisheries, Animal Husbandry and Dairying: It has observed that inadequate testing and treatment facilities for veterinary diseases pose a major challenge, especially now where there is a drastic rise in cases of zoonotic diseases
Daily Facts
Inequality
- According to OXFAM report Inequality Kills’ holds 84 % of household in the country suffered a decline in their income in a year marked by tremendous loss of life and livelihoods, the number of Indian billionaires grew from 102 to 142.
- The collective wealth of India’s 100 richest people hit a record high of ₹57.3-lakh crore ($775 billion) in 2021
- The country’s healthcare budget saw a 10% decline from RE (revised estimates) of 2020-21.
- There was a 6% cut in allocation for education
- While the budgetary allocation for social security schemes declined from 1.5% of the total Union budget to 0.6%.
- During the pandemic (since March 2020, through to November 30, 2021), the wealth of Indian billionaires increased from Rs 23.14 lakh crore (USD 313 billion) to Rs 53.16 lakh crore (USD 719 billion).
- The collective wealth of India’s 100 richest people hit a record high of Rs 57.3 lakh crore (USD 775 billion). In the same year, the share of the bottom 50 per cent of the population in national wealth was a mere 6 per cent.
- More than 4.6 crore Indians, meanwhile, are estimated to have fallen into extreme poverty in 2020, nearly half of the global new poor according to the United Nations.
- India has the third highest number of billionaires in the world, just behind China and the United States, says the report, with more billionaires than France, Sweden and Switzerland combined — a 39 per cent increase in the number of billionaires in India in 2021.
- One-fifth of the increase in the wealth of the richest 100 families was accounted for by the surge in the fortunes of a single individual and business house – the Adanis.
- Gautam Adani, ranked 24th globally and second in India, witnessed his net worth multiply by eight times in a span of one year; from USD 8.9 billion in 2020 to USD 50.5 billion in 2021. According to the real time data by Forbes, as of 24 November 2021, Adani’s net worth stands at USD 82.2 billion. This tremendous growth in a span of eight months, during India’s deadly second wave, also includes returns from Adani’s newly bought Carmichael mines in Australia, and a 74 per cent acquired stake in the Mumbai airport. At the same time, Mukesh Ambani’s net worth doubled in 2021 to USD 85.5 billion from USD 36.8 billion in 2020.
- The pandemic has set gender parity back from 99 years to now 135 years. Women collectively lost Rs 59.11 lakh crore (USD 800 billion) in earnings in 2020, with 1.3 crore fewer women in work now than in 2019.
- The increase in indirect taxes as a share of the Union government revenue last four years, while the proportion of corporate tax in the same was declining. The additional tax imposed on fuel has risen 33 per cent in the first six months of 2020-21 as compared to the last year, 79 per cent more than pre-Covid levels. At the same time, the wealth tax “for the super-rich’’ was abolished in 2016.
- Lowering of corporate taxes from 30 per cent to 22 per cent to attract investment last year resulted in a loss of Rs 1.5 lakh crore, which contributed to the increase in India’s fiscal deficit.
Livestock
- The twentieth livestock census indicated that India today has a livestock population of approximately 537 million; of this, 95.8% is concentrated in rural areas.
- Approximately 70% of India’s milk supply is sourced from farmers who own less than five animals, losses due to mastitis alone amount to a milk loss of approximately 10 litres per day per farm (this translates into approximately₹300-₹350 per day.
CSE 2022
Day 70
Topic: Popular movement
Daily Mains Mantra
GS 1: Geography
- China’s aging population is a bigger challenge than its ‘one-child’ policy. Discuss lessons for India’s population policy
- What is ring of fire? Why 2/3rd of all volcanoes are situated on ring of fire? [Reference: Aljazeera]
GS 2: Polity
- The report further says that despite the country’s federal structure, the structure of revenue kept the reins of resources in the Centre’s hands and yet the management of the pandemic was left to the states – who were not equipped to handle it with its financial or human resources. Comment
- What do you understand by delamination? Examine the impact of north south demographic divide on next delimitation.
GS 2: IR
GS 3: Economy
- Are poorly designed tax system responsible for inequality and slow growth in low-income countries including India? [Reference: World Bank, Indian Express]
- Should strategic CPSU be disinvested? Critically examine Centre’s disinvestment policy. [Reference: Business Line]
- The livestock sector has emerged as a vital sector for ensuring a more inclusive and sustainable agriculture system. Discuss the challenges faced in livestock sector. [Reference: The Hindu] (Question of the day)
GS 4: Ethics