Weekly Current Affairs Mains (5th to 12th December, 2018)

Protectionist measures by USA

Weekly Current Affairs Mains (5th to 12th December, 2018)

 

Topic: Getting citizenship could become easier for some

Citizenship

Topic in Syllabus: GS Paper 2: Indian Polity

Context:

The winter session of Parliament may see the government push for the Citizenship (Amendment) Bill of 2016.

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Topic: Supreme Court notice to 5 states on land acquisition law

Topic in Syllabus: GS Paper 2: Indian Governance

Land Acquisition Law

Context:

The Supreme Court on recently  issued notices to the states of Gujarat, Andhra Pradesh, Telangana, Jharkhand and Tamil Nadu on a plea challenging state amendments to the central land acquisition law following arguments that the states cannot make changes to the central law.

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Topic: Why Qatar has left OPEC, and how the decision will impact oil prices, India

Topic in Syllabus: GS Paper 2: International Affairs

OPEC

Context:

Qatar said recently, it was quitting Opec from January to focus on its gas ambitions, taking a swipe at the group’s de facto leader Saudi Arabia and marring efforts to show unity before this week’s meeting of exporters to tackle an oil price slide.

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Topic: Why manufacturing sector is not able to generate jobs

Topic in Syllabus: GS Paper 3: Indian Economy

Manufacturing sector is not able to generate jobs

Context:

In coming years, India is expected to witness significant demographic growth and a disproportionate expansion in the working age population. To absorb much of this labour force, the manufacturing sector would need to play an important role. Currently, the sector accounts for 12 per cent of the total employment in the country, well below its true potential.

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Topic: Protectionist measures by USA

Topic in Syllabus: GS Paper 2: International Affairs

Protectionist measures by USA

Introduction:

The concept of protectionism refers to economic policies that can be implemented by governments in order to limit trade across countries, whose primary goal is to promote fairer competition and help domestic companies by making their goods more competitive than foreign ones. Tariffs and other protectionist measures increase the price of imported products, making them appear relatively more expensive than local ones, and also affect the domestic jobs market. Protectionism has had a major role in the American political environment.

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