Ever since Prime Minister Narendra Modi took charge at the helm of the Indian government, he has undertaken a number of strategic tours. Be it his US sojourn, or the tour of Canada, France, and Germany, or his trip to China, the Indian PM has become known for his high-profile visits – each with the mission to build economic and strategic ties across the world. PM Modi’s visits are highly publicised by the PMO and have become moot points for NRIs (non-resident Indians) who have shown him an overwhelming support.
In keeping with this “man of missions” image, PM Narendra Modi has now embarked on a visit to five Central Asian countries – Uzbekistan, Kazakhstan, Turkmenistan, Kyrgyzstan and Tajikistan – apart from attending two multilateral summits in Russia. The eight day tour, between 6 and 13 July is intended to boost economic ties in Asia and also focus on strategic defence alliances.
Artical
Vyapam Scam: What is it? Cheat Sheet, Key Accused, Current State of Litigation
7/09/2015 11:47:00 AM
Vyapam Scam
There is something not quite right. Within a matter of days, two crucial people named in the Vyapam scam have died due to ‘natural’ causes. It would not have been alarming if it was just two deaths that may or may not have been linked. However, since these two people join a list of over 25 others accused in the case and have died under various circumstances, it is a reason enough to draw attention of the highest authorities.
Dr Narendra Singh Tomar, a 29-year-old veterinary doctor, had been arrested for his involvement in the scam and was lodged in Indore Jail. He died on 27 June this year after complaining of ‘chest pain’. Another accused, 40-year-old Dr. Rajendra Arya, who was out on bail, died of ‘liver infection’ at a hospital in Gwalior.
The several accused persons who have died have been stated to die due to ‘natural’ causes but the fact that they are all accused in the widening Vyapam scam, is giving the opposition parties enough reason to take on the Shivraj Singh Chouhan-led BJP government in Madhya Pradesh.
The CM has so far been praised for his developmental initiatives in the state, however, this scam has brought attention to the rot that has seeped into the administration.
Genesis of the Scam
“Technology transforms people’s lives. It empowers and connects. From mitigating poverty to simplifying processes, ending corruption to providing better services, vitality of technology is everywhere. It is an instrument of human progress”….Narendra Modi Launching the Digital India programme formally at Indira Gandhi National Stadium on 1 July 2015, PM Narendra Modi said that it is time for India to move to mobile governance, to deliver services and facilities through mobile phones and the Internet. Digital India is an ambitious programme of the Government of India to empower Indians through the electronic and on-line media, to create a country wide digital infrastructure to serve the people of the country.
What comes under Digital India?
The time has come again to raise, awake and start our preparation at a full swing and all your dreams must come true at the soonest. No matter if the Job profile suits your education or not, just go for it if it shows you the way to your ultimate dream/destination. Coming to the point, I am giving my point of view for preparation for the upcoming exams. My focus is mainly on Mathematics. This, for sure forms a crucial subject in almost every competitive exam. Nevertheless, it is always a scoring subject if and only if you are clear with the concepts and have the ability to solve any problem in any twisted form. And I can assure you that, it is only possible with PRACTICE!!
Additions
Subtraction
Multi
Division
Averages
Ratio & Proportions
Percentages
Square & Square roots
Cube and Cube roots
Starting from Monday:
Part-I:
Fundamentals: (which will include)
Greece has reached breaking point in its relations with Europe with 30 June being the last date by which Greece has to repay the €1.6 billion loan installment due to IMF. With Alexis Tsipras, the young Prime Minister of Greece, shutting all banks for six days and freezing trading in the stock exchange, Greece has effectively closed all chances of averting the default. In fact, on 29 June itself, Greece indicated that it will not be making the due payment thereby sealing its fate as a defaulter and once again setting the European and global economy on an uncertain future.
Earlier, Alexis Tsipras tried to negotiate with the European Central Bank for an extension of the debt repayment deadline but was turned down. In a move surprising all, the Greek PM has called for a referendum on Sunday, 5 July inviting the people to vote in favour or against further austerity measures. A ‘NO’ vote could result in Greece exiting the EU, unless there is a last minute understanding between the government and lenders, which seems very unlikely at this stage, given the statement by Christine Lagarde of the IMF that the government in Greece has had its opportunity and no further extension of the loan repayment period will be granted.
When Greece joined the euro in 2001, confidence in the Greek economy grew and a big economic boom followed. But after the 2008 financial crisis, everything changed. Every country in Europe entered a recession, but because Greece was one of the poorest and most indebted countries, it suffered the most. The unemployment rate reached 28 percent in 2013, worse than the United States suffered during the Great Depression.
If Greece wasn't in the euro, it could have boosted its economy by printing more of its currency, the drachma. This would have lowered the value of the drachma in international markets, making Greek exports more competitive. It would also lower domestic interest rates, encouraging domestic investment and making it easier for Greek debtors to service their debts.
But Greece shares its monetary policy with the rest of Europe. And the German-dominated European Central Bank has given Europe a monetary policy that's about right for Germany, but so tight that it has thrust Greece into a depression.
So Greece is squeezed between a crushing debt burden — 177 percent of GDP, about twice the level in the United States — and a deep depression that makes it difficult to raise the money it needs to make its debt payments.
For the last five years, Greece has been negotiating with European Commission, the European Central Bank, and the International Monetary Fund (dubbed "the Troika") for financial assistance with its debt burden. Since 2010, the Troika has been providing Greece with loans in exchange for tax hikes and spending cuts.
