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The Hindu PDF 12 February 2024 Analysis

The Hindu PDF GKGSCA

The Hindu PDF 12 February 2024 Newspaper is considered an important source of news and information for UPSC (Union Public Service Commission) aspirants in India. The Hindu Epaper PDF newspaper covers a wide range of topics that are relevant to the UPSC exam, including politics, economics, international relations, governance, and social issues.

In the following article, we have shared the key points from The Hindu Newspaper today pdf for the students preparing for the UPSC and other competitive exams. These points from The Hindu newspaper pdf serve as current affairs material for their preparation.

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The Hindu Epaper Analysis 12 February 2024 for UPSC

Direct tax kitty picks up pace, up 20.25% by Feb. 10: Page 1
  • Net direct tax collections increased by 20.25% by February 10 compared to the same date last year.
  • Personal Income Tax (PIT) revenues increased by 26.91%, outpacing Corporate Income Tax (CIT) growth at 13.6%.
  • Net direct tax collections rose from ₹14.7 lakh crore on January 10 to ₹15.6 lakh crore by February 10.
  • Finance Minister revised estimates for direct taxes for this year to ₹19.5 lakh crore, up from ₹18.23 lakh crore.
  • Gross collections up to February 10 were ₹18.38 lakh crore, a 17.30% increase over the same period last year.
  • Refunds totaling ₹2.77 lakh crore were issued between April 1, 2023, and February 10, 2024.
  • Growth in PIT collections combined with Securities Transaction Tax (STT) receipts was 25.93% gross and 27.2% after refunds.
  • Gross revenue collections from corporate income tax increased by 9.2%, while personal income tax revenues were up 25.7%.
A privileged strategic partnership, without a gulf: Page 6
  • Prime Minister Narendra Modi to visit UAE from February 13-14, 2024, for inaugurating a temple and addressing the World Government Summit.
  • India-UAE relationship strengthened, becoming a key bilateral relationship.
  • Close rapport between UAE President and PM Modi; UAE President donated land for BAPS temple in Abu Dhabi.
  • Bilateral trade reached $85 billion in 2022-23, with UAE being India’s third-largest trading partner and second-largest export destination.
  • India-UAE Comprehensive Economic Partnership Agreement aims to increase trade in services to $115 billion in five years.
  • RuPay card accepted in UAE since August 2019; rupee accepted for transactions at Dubai’s airports since July 2023.
  • Strategic oil reserves stored in India by UAE; agreement signed for investment in strategic crude oil storage facility in Mangaluru.
  • Defence and security cooperation, people-to-people ties are critical.
  • UAE made exceptions for India, inviting India’s External Affairs Minister as keynote speaker/guest of honor at OIC Foreign Ministers’ Meeting in 2019.
  • India recognizes UAE’s role in the region; UAE acknowledges India’s ‘global leadership’ role.
  • Both countries part of important groupings like I2U2 and India-Middle East-Europe Economic Corridor.
  • Visit comes amid the war in Gaza, providing an opportunity for leaders to confer on critical issues.
Decoding India’s economic realities: Page 8
  • GDP growth rate questioned by IMF; Finance Ministry claims economic turnaround in ‘White Paper’.
  • Fiscal deficit projected to decrease from 9.2% of GDP in 2020-21 to 5.8% this year and 5.1% next year.
  • Interim Budget focuses on fiscal consolidation, cutting public expenditures and reducing welfare and subsidy allocations.
  • Despite nominal GDP growth of 9%, down from 10.5% last year, challenges persist with a slowdown in economic activity.
  • Real GDP growth at 7.3%, slightly above last year’s 7.2%, while IMF questions official growth estimates.
  • CBDT data shows increase in individual income taxpayers and tax payments, but corporate tax collections fell as a share of GDP.
  • Corporate tax rate reduction led to revenue losses; fiscal deficit averaged 6.6% under NDA-II, raising central government’s debt to 58% of GDP.
  • Real GDP growth higher during UPA decade than NDA, with higher investment and export growth; UPA had high inflation.
  • Despite repo rate hikes by RBI, inflation remained high under NDA, demonstrating limited influence of repo rate adjustments on food price movements.
The patterns of global warming are more important than its levels: SCIENCE Page II
  • Patterns of warming matter more than specific temperature thresholds like 1.5 degrees Celsius.
  • New study suggests Earth’s surface has already warmed by more than 1.5 degrees Celsius on average over pre-industrial levels.
  • Study uses palaeo-thermometry, collecting data from one location and extrapolating it globally, but lacks direct measurement of overall temperatures.
  • Palaeo proxies use chemical evidence stored in organic matter to approximate past temperatures, but can’t directly measure actual temperatures.
  • Crossing 1.5 degrees Celsius threshold lacks clear explanation and understanding of associated warming patterns and their impacts on disasters.
  • El Niño events play a significant role in global warming patterns and their impacts on weather phenomena like monsoons and droughts.
  • Need for accurate predictions of warming patterns to manage climate change impacts and adapt to changing seasons.
  • Emphasis on understanding global warming patterns over arbitrary temperature thresholds.
Brumation: winter is coming for reptiles: SCIENCE Page II
  • Brumation is a period of dormancy or slowed activity in reptiles, similar to hibernation in mammals, occurring during colder months when temperatures drop and food becomes scarce.
  • Reptiles enter brumation to conserve energy and survive adverse environmental conditions.
  • During brumation, reptiles may retreat to underground burrows, rock crevices, or other sheltered areas with stable temperatures.
  • Metabolism slows significantly during brumation, allowing reptiles to go weeks or months without eating.
  • Various reptilian species, including turtles, snakes, and lizards, exhibit brumation behavior by burrowing, seeking refuge in underground dens or caves, or hiding under rocks or vegetation.
  • Brumation is crucial for reptiles to survive cold climates until they can reemerge to feed and reproduce in more favorable conditions.

Source: The Hindu Epaper

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