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Addapedia Editorial Analysis: Daily News Editorial Analysis 27 September 2024

Addapedia Editorial Daily News , 27 September 2024: In this Addapedia Editorial Analysis, We cover Important News Editorials from Newspapers and provide you with detailed analysis. This ADDAPEDIA Editorial Analysis will help you in understanding the National and International events Current affairs and the background of a particular topic. This comprehensive News analysis will help you in Clearing CA and Interview for many exams.

Editorials usually cover a particular topic that might be National, State or any International event which is most important to acquire brief knowledge about the event. Editorials are written by Famous news analysts, Politicians, Business analysts, Civil Servants or a person who has immense knowledge in that particular field. Knowing Editorials will not only understand the geo-political relations but also how to write and describe any particular issue which helps especially in PSC, SSC and Banks Exams.

An opportunity to rethink India’s pension system

(The Hindu, 27-09-24)

How has the pension system in India evolved over time?

Old Pension Scheme (OPS): Guaranteed defined benefit pension for government employees
New Pension Scheme (NPS): Introduced in 2004, shifted to a defined-contribution model
Proposed Unified Pension Scheme (UPS): Attempts to balance state involvement and market participation

What are the key differences between OPS and NPS?

OPS:
- Guaranteed fixed pension based on last drawn salary
- Government solely responsible for disbursement
- Provided stability and insulation from market risks
NPS:
- Defined-contribution model with investments in financial markets
- Pension payout linked to investment performance
- Exposes retirees to market volatility

What is the context of the proposed Unified Pension Scheme (UPS)?

Global retreat from neoliberal policies
Renewed focus on welfarism, especially post-COVID-19
Attempt to address issues raised by NPS while balancing state and market roles

What are the criticisms and areas for improvement in the proposed UPS?

Offers reduced returns compared to OPS
Exposes retirees to market-based asset risks
25-year service requirement disadvantages late joiners
Concerns about underfunding and potential delays
Limited coverage (only Union government employees)
Need for greater state intervention to protect against market fluctuations
Requirement for broader inclusivity, especially for informal workforce

Can you answer the following question?

Critically analyze the evolution of India’s pension system from the Old Pension Scheme to the proposed Unified Pension Scheme.

Storms brewing in East, South China seas

(The Hindu, 27-09-24)

What are the key maritime areas of contention in East Asia?

East China Sea: Bordered by China, Taiwan, Japan, and South Korea
South China Sea: Bordered by China, Taiwan, and five Southeast Asian countries
Senkaku/Diaoyu islands: Disputed between China and Japan

Why are these seas important to China?

Viewed through the lens of sovereignty, territorial integrity, and national security
China claims these areas as “inalienable parts of Chinese territory”
Important for maritime trade routes and energy resources

How is China asserting its claims in these regions?

Building defense-related infrastructure (ports, military installations, airstrips, artificial islands)
Contesting claims of regional countries
Deploying Coast Guard and maritime militia for ‘grey zone’ operations
Conducting naval exercises with Russia

How are regional countries responding to China’s actions?

Building up defense capabilities and increasing defense spending
Pushing back against Chinese activities at sea and engaging in public diplomacy
Strengthening defense relationships with the United States
Forming multilateral cooperative activities (e.g., ‘Squad’ with US, Philippines, Australia, and Japan)

What are the potential risks and concerns in the region?

Growing power asymmetry between China and other claimant countries
Risk of miscalculation due to aggressive tactics
Concerns about US credibility and the impact of its domestic politics on security commitments
Debate on whether US engagement balances Chinese power or fuels conflict

Can you answer the following question?

Analyze the geopolitical tensions in maritime East Asia and hot it might impact the broader Indo-Pacific security architecture?

Weekly Current Affairs in Short (16th to 22nd September 2024) Download PDF

കേരളത്തിലെ എല്ലാ മത്സര പരീക്ഷകൾക്കും ഓൺലൈൻ ക്ലാസുകൾ, വീഡിയോ കോഴ്‌സുകൾ, ടെസ്റ്റ് സീരീസ്, പുസ്തകങ്ങൾ, മറ്റ് പഠന സാമഗ്രികൾ എന്നിവ ചുവടെ നൽകിയിരിക്കുന്ന ലിങ്കിൽ ക്ലിക്കുചെയ്‌ത് കണ്ടെത്താനാകും.

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