|GS-II||Criticizing executive, judiciary and bureaucracy cannot be called sedition: SC Judge|
|Ration Card Portability|
|Throttled at the grass roots.|
|Privatizing public sector banks||Economic Issues|
In more good news for the State animal, the Nilgiri tahr, its sightings in the Mukurthi National Park have risen from 568 in 2018 to 612 this year.
Why this good news?
There was a decrease in tahr numbers in 2017, when a population of only 438 was recorded, down from 480 in 2016.
This was the second consecutive year that an increase in the population of the animal had been recorded in the park, meaning the population of the Nilgiri tahr, also known as the Nilgiri ibex, has risen by 132 since 2016.
IUCN Conservation Status: Endangered
The Nilgiri tahr (Nilgiritragus hylocrius) aka the Nilgiri ibex or simply ibex.
It is endemic to the Nilgiri Hills and the southern portion of the Western Ghats in the states of Tamil Nadu and Kerala in Southern India.
It is the state animal of Tamil Nadu.
The Nilgiri tahr inhabits the open montane grassland habitat of the South Western Ghats montane rain forests eco-region.
At elevations from 1,200 to 2,600 metres (3,900 to 8,500 ft), the forests open into grasslands interspersed with pockets of stunted forests, locally known as sholas.
Eravikulam National Park is home to the largest population of this Tahr.
Source: The Hindu
Former RBI governor D. Subbarao raised the question of whether India needs public sector banks at all in this day and age.
Reasons for privatization
Problem with interest rate benchmarking:
Cause for privatization
The sector’s health requires banks to assess and price risks properly. For this, bankers need to act diligently in the interest of profit-seeking shareholders. This would be better enabled by privatization.
Challenges with privatization
With all the challenges above, the state could argue it needs to retain ownership control as well. Immediately, at least the appointment of public sector bank chiefs must be freed of state control.
Source: Indian Express
Copyright© Aspire IAS Academy. All rights reserved. Powered by CLT Technologies & Edu-Publishers Private Limited.