Day: July 1, 2022

Panchayati Raj

The term “Panchayati Raj” in India signifies the system of rural local self-government. It has been established in all the systems of India by the Acts of the state legislative to build democracy at the grass root level. It is ensured with rural development. It was constitutional through 73rd Constitutional Amendment Act, 1992.

Ø A three-tier structure of Indian administration for rural development is called panchayati Raj. The aim of the panchayati Raj is to develop local self government in districts, zones and villages.

Ø Rural development is one of the main objectives of panchayati Raj and this has been established in all states of India except Nagaland, Meghalaya and Mizoram. In all union territories except Delhi and certain other areas. These areas include:-

a) The scheduled areas and the tribal areas in the states.

b) The hill area of Manipur for which a district council exists and

c) Darjeeling district of West Bengal for which Darjeeling Gorkha Hill council exists.

Evolution of Panchayati Raj

Ø The panchayati system in India is not purely a post-independence phenomenon. In fact, the dominant political institution in rural India has been the village panchayat for centuries. In ancient India, panchayat were usually elected councils with executive and judicial powers.

Ø The evolution of the Panchayati Raj system, however, got a trip after the attainment of independence after the drafting of the constitution. The constitution of India in Article 40 enjoined, The state shall take steps to organise village panchayats and endow them with such powers and authority as may be necessary to enable them to function as units of self-government.

Ø There were member of committees appointed by the government of India to study the implementation of self-government at the rural level and also recommend steps in achieving this goal.

Ø The committee appointed are as follows:-

a) Balwant Rai Mehta Committee

b) Ashok Mehta Committee

c) G V K Rao Committee

d) LM Singvi committee

A. Balwant Rai Mehta Committee and Panchayati Raj

The committee was appointed in 1957, to examine and suggest measures for better working of the community development programme and the national extensions services. The committee suggested the establishment of a democratic decentralised local government which came to be known as panchayati Raj.

Recommendations by the Committee

Ø Three tier panchayati raj system: Gram Panchayat, Panchayat Samiti and Zila Parishad.

Ø Directly elected representatives to constitute the gram panchayat and indirectly elected representative to constitute the panchyat samiti and zila parishad.

Ø Planning and development are the primary objectives of the panchayati raj system.

Ø Panchayat Samiti should be the executive body and zila parishad will act as the advisory and supervisory body.

Ø District collector to be made the chairman of the Zila Parishad

Ø It also requested for provisioning resources so as to help them discharge their duties and responsibilities.

v The Balwant Rai Mehta committee further revitalised the development of panchayati in the country, the report recommended that the panchayati raj institutions can play a substantial role in community development programmes throughout the country.

v The objectives of the panchyat, thus was the democratic decentralisation through the effective participation of locals with the help of well-planned programme. Even then prime minister of India, Pandit Jawaharlal Nehru, defended the panchyat system by saying, “authority and power to the panchayats”.

B. Ashok Mehta committee and Panchayati Raj

Ø The committee was appointed in 1977 to suggest measures to revive and strengthen the declining panchayati raj system in India.

The key recommendations are:-

Ø The three-tier system should be replaced with two-tier system: Zila parishad (District-level) and the mandal panchayat (a group of villages).

Ø District level as the first level of supervision after the state level.

Ø Zila Parishad should be the executive body and responsible for planning at district level.

Ø The institutions (zila parishad and the mandal panchayat) to have compulsory taxation powers to mobilise their own financial resources.

C. G V K Rao committee and Panchayati Raj

Ø The committee was appointed by the planning commission in 1985. It recognised that development was not seen at the grass root level due to bureaucratisation resulting in panchayat raj institutions being addressed as “grass without roots”. Hence, it made some key recommendations which were as follows:-

Ø Zila Parishad to be the most important body in the scheme of democratic decentralisation. Zila Parishad to be the principal body to manage the development programmes at the district level.

Ø The district and the lower levels of the panchayati raj system to be assigned with specific planning, implementation and monitoring of the rural development programmes.

Ø Post of district development commissioner to be created. He will be chief executive officer of the zila parishad.

Ø Elections to the levels of panchayati raj system should be held regularly.

D. L M Singhvi committee and panchayat raj

The committee was appointed by the government of India in 1986 with the main objective to recommend steps to revitalise the panchayati raj system for democracy and development. The following recommendations were made by the committee:-

1. The committee recommended that the panchayat raj system should be constitutionally recognised. It also recommends constitutional provisions to recognise free and fair election for the panchayati Raj system.

2. The committee recommended reorganization of villages to make the gram panchayat more viable.

3. It recommended that village panchayats should have more finances for their activities

4. Judicial tribunals to be set up in each state to adjudicate matters relating to the elections to the Panchayat Raj institutions and other matters relating to their functioning.

Ø All these things further the argument that panchayat can be very effective in identifying and solving local problems, involve the people in the villages in the development activities, improve the communication between different levels at which politics operate, develop leadership skills and in short help the basic development in the states without making too many structural changes. Rajasthan and Andhra Pradesh were the first to adopt panchayati raj in 1959, other states followed them later.

Ø  The act is a very significant step in creating democratic institutions at the grassroots level in the country. Art has transformed representative democracy into participating democracy.

Salient features of 73rd Constitutional Amendment Act , 1992

1. Gram sabha

2. Three-tier system

3. Election of members and chairperson

4. Reservation of seats :-

a) For SC and ST

b) For Women

c) The state legislatures are also given the provision to decide on the reservation of seats in any level of panchayat or office of chairperson in favour of backward classes.

5. Duration of panchayat

6. Disqualification

7. State election commission

8. Powers and functions

9. Finances

10. Finance commission

11. Audit of accounts

12. Application to union territories

13. Exempted state and areas

14. Continuance of existing law

15. Bar to interference by courts.

In India, the panchayati raj system is not a post-independence development. For decades, the village panchayat has been the most powerful political entity in rural India. Panchayats were elected councils in ancient India that had administrative and judicial authority. Panchayat Raj is a three-tiered administrative framework in India that focuses on rural development. The panchayati Raj is a system of local self-government that is used to build districts, zones and villages.

The World Runs on Finance

Wherever you go, you hear the terms of budget, loans, bonds, stocks, crypto, and many more. Finance has become one of the highest searched topics that people want to learn. People want to get control, build different streams of income, build passive income, buy real estate, buy bonds and increase their wealth. Compared to 1980s to the present day, finance has developed and spread its branches across the world. With technology, finance has become easier to access.



Small NBFCs( Non-Banking Financial Corporations) have created apps that people can get for small amounts of loan. From 100₹ to 1,00,000₹, these corporations have found an untouched market in loan requirements, small loans. The term may be quite little, but it has huge potential. A lot of people take loans or borrow money from loan sharks at high interest rates, but do they always have money to give?


This question itself has created this part of market. With technology, payments have become quicker and able to move in a matter of minutes. NBFCs found this to be their best advantage of all time. People sign up on these apps with all their details and take the loan at exorbitant rates. They charge interest for each passing day ( 3% or more) and disburse the amount with the click of a button.


As many people are, no one wants to go through the terms & conditions because it is long and boring. Here lies the secret to the destruction of your reputation between you and the world. Many think that these apps are to be taken simply and not to be minded when the payment date comes. These NBFCs aren’t banks so they don’t give repeated notices for the payment, instead, they send your contacts all your details, with the amount of money you have taken and ask them to pay. They use godawful ways to get the payment.


Few messages are so disgusting and low that it breaks your reputation into pieces. You cannot rebuild your reputation and it keeps going on till the payment has been done. It’s a small yet such powerful blow that you cannot recover from. After the payment has been made, they don’t send a message stating that you have made the payment which doesn’t help you in any way but makes you droop down more. These interest rates on meager amounts is how they make the most money on.

Every time you borrow money, you are robbing time from your future self.

Nathan W. Morris


Loans are not a joke. You learn from the mistakes you make. Scars are lessons for what we have gone through. Learn from your experiences, teach them to your kith and kin, no matter what they are aged. If an 18 year old with a bank account, comes across the app and doesn’t know the effect of not paying on time, it’s not a wound that they can recover from easily.

Teach your younger ones about finance, how to maintain, when and where to use them but not teaching them leads to a higher damage. Be careful and do not go down this path unless you know how to come back from it.

The World Runs on Finance

Wherever you go, you hear the terms of budget, loans, bonds, stocks, crypto, and many more. Finance has become one of the highest searched topics that people want to learn. People want to get control, build different streams of income, build passive income, buy real estate, buy bonds and increase their wealth. Compared to 1980s to the present day, finance has developed and spread its branches across the world. With technology, finance has become easier to access.

Small NBFCs( Non-Banking Financial Corporations) have created apps that people can get for small amounts of loan. From 100₹ to 1,00,000₹, these corporations have found an untouched market in loan requirements, small loans. The term may be quite little, but it has huge potential. A lot of people take loans or borrow money from loan sharks at high interest rates, but do they always have money to give?

This question itself has created this part of market. With technology, payments have become quicker and able to move in a matter of minutes. NBFCs found this to be their best advantage of all time. People sign up on these apps with all their details and take the loan at exorbitant rates. They charge interest for each passing day ( 3% or more) and disburse the amount with the click of a button.

As many people are, no one wants to go through the terms & conditions because it is long and boring. Here lies the secret to the destruction of your reputation between you and the world. Many think that these apps are to be taken simply and not to be minded when the payment date comes. These NBFCs aren’t banks so they don’t give repeated notices for the payment, instead, they send your contacts all your details, with the amount of money you have taken and ask them to pay. They use godawful ways to get the payment.

Few messages are so disgusting and low that it breaks your reputation into pieces. You cannot rebuild your reputation and it keeps going on till the payment has been done. It’s a small yet such powerful blow that you cannot recover from. After the payment has been made, they don’t send a message stating that you have made the payment which doesn’t help you in any way but makes you droop down more. These interest rates on meager amounts is how they make the most money on.

Every time you borrow money, you are robbing time from your future self.

Nathan W. Morris

Loans are not a joke. You learn from the mistakes you make. Scars are lessons for what we have gone through. Learn from your experiences, teach them to your kith and kin, no matter what they are aged. If an 18 year old with a bank account, comes across the app and doesn’t know the effect of not paying on time, it’s not a wound that they can recover from easily.

Teach your younger ones about finance, how to maintain, when and where to use them but not teaching them leads to a higher damage. Be careful and do not go down this path unless you know how to come back from it.

'Cryptocurrency a clear threat'

Nothing has changed in the RBI’s view on cryptocurrencies. The Central Bank Governor, Dr. Shakktanta Das, clearly believes that cryptocurrencies pose a highly visible threat.
He said so in the Financial Stability Report (FSR) released on Friday. He has also indicated that the RBI will also take appropriate steps to protect the country’s financial sector from the danger it poses. Regarding cryptocurrency, the RBI governor has said that it is baseless speculation and is promoted with a good name only on the basis of speculation. In the report, the RBI has said that cryptocurrency should not be treated as a currency as there is no one monitoring it. These are neither financial assets nor debt securities. This can lead to a variety of risks. Also in the past when attempts were made to manage currencies privately the results were very poor. The Financial Stability Report said the rapid rise in crude oil prices in the world market has led to a reduction in growth rate estimates.

According to another RBI report, banks’ gross NPAs fell to a six-year low of 5.9 percent in March 2022. By March 2023, this could fall further to 5.3 percent. However, the RBI has warned that NPAs could rise if macroeconomic conditions deteriorate.

Sindhu-Pranay in quarterfinals

PV Sindhu and HS Pranay, who played a key role in India’s Thomas Cup title win, recorded contrasting victories on Thursday to advance to the quarter-finals of the Malaysia Open Super 750 tournament. Prannoy pulled off the biggest upset of the day when he defeated world No.4 Chou Tien Chen of Chinese Taipei 21-15, 21-7 in a match lasting more than 30 minutes.Prannoy next meets Jonathan Christie of Indonesia, against whom he has won three games and lost five games.At the same time, former world champion Sindhu defeated Thailand’s Phitayaporn Cheiwan 19-21, 21-9, 21-14 in a match that lasted 57 minutes after losing the first game.The seventh-seeded Indian will face arch-rival Tai Tzu Ying of Chinese Taipei in the next round. The 29-year-old Prannoy, who made it to the semi-finals of the Indonesia Open last week, started slowly in both games but once he got going the Indian didn’t give his opponent a chance.

Sindhu-Pranay in quarterfinals

PV Sindhu and HS Pranay, who played a key role in India’s Thomas Cup title win, recorded contrasting victories on Thursday to advance to the quarter-finals of the Malaysia Open Super 750 tournament. Prannoy pulled off the biggest upset of the day when he defeated world No.4 Chou Tien Chen of Chinese Taipei 21-15, 21-7 in a match lasting more than 30 minutes.Prannoy next meets Jonathan Christie of Indonesia, against whom he has won three games and lost five games.At the same time, former world champion Sindhu defeated Thailand’s Phitayaporn Cheiwan 19-21, 21-9, 21-14 in a match that lasted 57 minutes after losing the first game.The seventh-seeded Indian will face arch-rival Tai Tzu Ying of Chinese Taipei in the next round. The 29-year-old Prannoy, who made it to the semi-finals of the Indonesia Open last week, started slowly in both games but once he got going the Indian didn’t give his opponent a chance.

Agnipath Scheme a new vision for future India?


The Agnipath Program is a new program launched by the Government of India on June 14, 2022 to recruit soldiers under Corporal into three armies. The Agnipath program will be the only means of recruiting the military. All new employees will only be hired for 4 years. The personnel hired under this system are called Agniveers, a new military rank. The introduction of this system has been criticized for lack of consultation and open debate. The program is scheduled to start in September 2022. The Agnipath program was approved by the Government of India in June 2022 and will be implemented from September 2022. The announcement was made on June 14, 2022. This program is intended for both male and female applicants between the ages of 17.5 and 21. In widespread protests against the Agnipath program, the central government raised the cap from 21 to 23, but only in 2022. Recruitment under this program is held twice a year by the Indian Army, Indian Navy, and Indian Air Force. The available posts are below the executive list. The Agnipath program is the only way to serve in the army.



New employees, under the Agnipath scheme will be called “Agniveers,”who will have a four-year tenure, including six months of training followed by a 3.5-year deployment. After leaving the service, they have the opportunity to apply to continue in the army. Less than 25 percent of the retired group’s total strength is selected for the permanent roster. Employees who retire after four years of work are not eligible for a pension, but will receive a lump sum of approximately Rs 11,71,000 at the end of their tenure. The Government of India plans to hire 45,000-50,000 new employees each year through this program. In September 2022, 46,000 young people will be hired through this program. Prior to the start of the Agnipath program, soldiers were in the army for more than 15 years of service on a lifetime pension. As of 2019, there was no military recruitment for three years. The Government of India quoted the COVID-19 pandemic in India tye reason for no recruitment. Meanwhile, 50,000 to 60,000 soldiers continued to retire each year, leading to labor shortages and beginning to affect the military’s operational capabilities.

Credit- TOI



On June 16, 2022, fierce protests took place in several Indian states, where military candidates who were preparing for the armed forces were angry at the new system, demanding its rollback, and damaging public property. By June 17, 12 trains had been fired, affecting the movement of 300 trains. 214 trains were canceled, 11 trains were detoured, and 90 trains ended short of their destination. This scheme does not include long-term holdings, pensions and other benefits that existed in the old scheme. Individuals who wanted to join the army were disappointed with the rules of the new system. Of particular concern were short tenure, no early retirement pension, and an age limit of 17.5-21 years, making many of the current candidates unsuitable for serving in the Indian Army.

On June 20, a national strike called Bharat Bandh was summoned by a protesting organization calling for the withdrawal of the program. The call was made via social media without naming the organization. More than 600 trains were canceled due to a strike. Section 144 was imposed in parts of Rajasthan, Punjab, Uttar Pradesh and Haryana.