After the successful completion of ML16

Because Chest
thumping and
Bogus marketing
propaganda is
ESSENTIAL

UPSC Civil services Mains 2016

1. (GS1) Major cities of India are becoming more
vulnerable to flood conditions. Discuss.
2. (GS3) The frequency of urban floods due to high
intensity rainfall is increasing over the years.
Discussing the reasons for urban floods. highlight
the mechanisms for preparedness to reduce the risk
during such events.
 Now starting the new season

B-ES-17 Careful when you

write in mainsits
not Survey 2017

Download PDFs from

http://indiabudget.gov.in
Budget highlights | survey (Hindi / English)
U What is/are the purpose/purposes
P of Governments Sovereign Gold
S Bond Scheme and Gold
C Monetization Scheme?
p 1. To bring the idle gold lying with
r Indian households into the economy
2. To promote FDI in the gold and
e
jewellery sector
li3. To reduce Indias dependence on
m gold imports
Select the correct answer using the
C code given below.
S
1. Skip 2. Attempt 3. Mark n
A (a) 1 only Review
U Which one of the following is a
P purpose of `UDAY, a scheme of the
S Government?
C (a) Providing technical and financial
p assistance to start-up entrepreneurs in
r the field of renewable sources of energy
(b) Providing electricity to every
e
household in the country by 2018
li(c) Replacing the coal-based power
m plants with natural gas, nuclear, solar,
wind and tidal power plants over a
C period of time
S (d) Providing for financial
1. Skip 2. Attempt 3. Mark n
A turnaround and revival
Review of power
 UPSC GSM3-2015 (DEC)

1)The nature of economic

growth in India in
described as jobless
growth. Do you agree with
this view? Give arguments
in favour of your answer.

Intro Body Conclusion

 UPSC GSM3-2015 (DEC)

1)In what way could

replacement of price
subsidy with Direct Benefit
Transfer (DBT) change the
scenario
All chaptersofI subsidies
shall cover, in
but read every chapters
India?
italicsDiscuss.
introduction and
conclusion for answer
writing.
No harm even for doing
2014,15,16
http://indiabudget.gov.in
Intro Body Conclusion
 B-ES = Prelim cum Mains prepare pickle only once a year

Mains
FAIL
Factual,
Objective
17 BES17 no
longer
Pass wont ..cycle
type survey have time priority
Analysis Fail wont
PRE
later for analyze
Mains paper or Pre18
17 survey
 B-ES: Who prepares what (2017)?
Eco. Survey (31Jan)
Chief Eco. Advisor
Economic Affairs
(Shantikanta Das)
Budget (1Feb)
Finance

Expenditure (Ashok
Lavasa)
Min.

Revenue (Adhiya)

Financial services
Finance Secretary :
Department senior most Secretary
Investment & Public
Asset Management among 5 Departments
(DIPAM) Signs one rupee note.
 Economic Survey: the making of

Ministri CSO
es,
Experts
Chief
Eco.
Advisor
to FM
Parliament
Oxford
Finance authorized
Minister for
Finance Jaitley first hardcopy.
Secretary time
Department of amazon
authored a piracy
Economic Affairs section
 2013-14
1 Vol: 13 ch+1 statistical
appendix

2014-15 (Two Volume System like IMFs World

Theme: Creating
Vol1: future | Vol:Economic
2 Past Outlook)
opportunity and reducing
data
vulnerability: JAM, Jeans

No theme in PDF: TBS-4D,

2015-16
Vol1: future | Vol: 2 Past
Reg. Cholesterol, JAM-
data
BAPU

2016-17 (14 chapters)

No theme in PDF: med.
Vol1. | Vol2 later on Term eco future = special
Economy: 6 Pillars (Theory + Current +
BES17)

but first a gist of

1.Banking all 14 chapters of
2.Budget 3.BoP
survey, to handle
upcoming exams interviews before
series is over

4.Sectors 5.Infra & 6.HRD

Micro, inflation, Env.
GDP
 Tata Nano: W.Bengal
->Gujarat
Property tax 5-20% of
actual potential-
>financially weak ULBs
 Coastal states: rich & developed
NE, hill states, Sp.Cat: FC resource
transfer = Eco.dev coz Tax
structure.
Mineral rich states: GSDP but
poverty & inequality coz
 China: interior -> coastal
migration ->remittance,
investment =inequality
India: migration than expected:
~50-90 lakh PA [Railway +
census big data analytics]
Domestic remittance: 1.5 lakh
cr. /PA
Yet inequality ? x
 Constitution: one Territorial India..
Freedom of trade and commerce..
One economic India: 1 registration, 1 Tax,
1 Rate, 1 Form ??
Both union + states can impose
restrictions-> Barriers to internal trade:
APMC, CST-VAT exemptions & cat.
Even US / EU states dont have
 Health: Life Expectancy ,
Fertility rate , IMR
goods + men moving fast, GSDP
but Income inequality ??
Poor states: poor governance,
brain drain, remittance but
investment
 Cant implement @once, but
discuss seriously
Poorest districts: Governance poor,
leakages are high->poor getting
very less.
Pros, Cons, preconditions
41 pages bolbacchan..
 Spread
across 6
pillars

6 pillars: Data &

developments in last year
GDP, IIP, CPI, ease of doing
biz, poverty, unemployment
rates, climate change
deals.
 China: Rising wages. Mfg
moving towards East
Asian economies.
India: low skill textile &
shoes, women
Problem: infrastructure,
tax structure, labour laws
 FRBM Act03: FD 3%, ERD:
0%
States achieved
but problems ahead: 7th PC,
UDAY Bonds.resentment
over Centrally imposed
 Post-GFC: 0% interest, Fiscal
activism, counter cyclic
policy-> GDP
India cant follow 1) inflation
2) TBS/NPA 3) Fiscal deficit ->
crisis 1991, 2013.
 NPA grim picture, why
cant recover?
Events leading to TBS,
how it has hurt whole
economy?
Public Sector Asset
Rehabilitation Agency
 Was it right decision? Currency: GDP,
soil rate
Short term problem: GDP growth.
How to address?
long term benefitsblack money,
financial inclusion, digital payment,
real estateHow to reap maximum?
 Proof: we are an Emerging
Economy (4 measures) but
growth model different than
others hence bottlenecks- Kisan
debt waiver, GST oppose, or
privatizing loss making
PSU/PSB...Why?
Precocious: Democracy voting
rights to all.
Cleaved: middle class exit /
 Spread
across 6
pillars

Similar to ch.8 (review of eco. Dev)

Projections for 6 pillars: .GDP, IIP,
CPI, ease of doing biz, poverty,
unemployment rates, climate
change deals.
Economy: 6 pillars + theory + current + BES17 (pre cum Mains)

1.Banking 2.Budget 3.BoP

V1:c3,4 V1:c2,3,5,6,9,11(GST) V1c:5
,12,13
Vol. 1 Ch. 1 and 8 spread throughout

4.Sectors 5.Infra 6.HRD

V1c:7,11(Agri) v1c:12, 14; V1c:10
Homework: budget highlights http://
Budget^Rail

indiabudget.gov.in
 Q1. Which of the following is / are
M unique about Economic Survey 2016-
o 17?
c A. Only one volume was published before
budget 2017-18
k
B. First time, Big data analytics have been
Q used.
u C. First time, Union finance minister has
e authored a section in the survey.
s D. Mentioned the circulation of pirated
ti copies of survey on amazon.
o E. Highlighted medium term economic
future as special challenge.
n 1. Skip 2. Attempt 3. Mark n
Review
UPSC-2013 Mains GS expand-> B-ES
Qbank bankruptcy. Same topics
Bankruptcy
rephrased and recycled between
Essay & GS. =
Survey-2014-16: 2 volume -> is
bankruptcy of ideasJAM, TBS/NPA, opportunity
voters vs tax payers, GST, labour
reform, boost infra investment- for us
deepen capital market,
Latest survey: to prove simply
hypothesis- giving large datasets,
coefficient, models, formulas
observation >> policy prescriptions.
Opportunity: more time for other
topics, Consolidate Knowledgebase
Survey= bankruptcy of new ideas; my PPT suffering fragmentation
1.Evolution: BMB->
merger with SBI
2.Small bank
payment bank.
Scattered
3.FI classn: Mudra
Bank?
4.Monetary policy:
rules, MPC,
transmission
BES17 = decontentization of
Im going to utilize the time &Scattered
previousopportunity
SEASONS to
consolidate content for more revision friendly for
future exams. In other words, what I teach in
purple shirt = IGNORE previous PPT/lecture/article
Economy: 6 pillars + theory + current + BES17 (pre cum Mains)

1.Banking 2.Budget 3.BoP

V1:c3,4 V1:c2,3,5,6,9,11(GST) V1c:5
From next episode.will start
,12,13

from here.

4.Sectors 5.Infra 6.HRD

V1c:7,11(Agri) v1c:12, 14; V1c:10
Budget^Rail