Global temperatures have risen 0.8 degrees Celsius since pre‐industrial times, and the U. climate talks are aimed at keeping that number from topping 2 degrees C . N.’s expert panel says that would require cutting global emissions by 40 percent to 70 percent by 2050 and to zero by the end of the century. Another global indicator, Brent Crude, stood just above per barrel, tumbling further from the per barrel last week. Some Facts and recent happenings:‐ OPEC – Supplies 30 million barrels per day (bpd). As crude oil prices rose, production of shale oil, otherwise considered economically unviable, became attractive.

Has decided to keep production at that level for now while many analysts were expecting them to cut production as global prices have been falling. Graph below shows increased production of US mainly due to shale gas b.

ISSUES FOR IIM INTERVIEW PROCESS © Essaysfor 2014-15 Issues for IIM PI Process Contents US‐CHINA ENVIRONMENT DEAL 8 OIL PRICE 9 PAYMENT BANKS 11 SHADOW BANKING 13 NBFCs 14 NEW DEFINITION OF FDI 16 REFORMS IN POWER DISTRIBUTION 16 SECURITIES LAWS (AMENDMENT) BILL 2014 18 JUVENILE JUSTICE BILL, 2014 18 HUMAN DEVELOPMENT: INTERNATIONAL COMPARISON 19 INEQUALITY 20 SOCIO‐ECONOMIC PROFILE OF STATES AND INTER‐STATE COMPARISONS 21 ASER 2013: Main Findings 23 SKILL DEVELOPMENT 24 HOW INDIA NEEDS TO FACE CLIMATE CHANGE 24 AGENDA FOR ECONOMIC REFORMS 28 INFRASTRUCTURE 30 WHY LONG‐RUN MATTERS 30 FIVE PRONGED STRATEGY TO CONTROL INFLATION 31 URJIT PATEL COMMITTEE 32 Some Major Issues in India's Merchandise Trade Sector 32 MAKE IN INDIA OPPORTUNITY 34 Make for India or Make in India – The debate begins!

37 VULNERABILITY COMPARISON OF INDIAN ECONOMY 38 PM JAN DHAN YOJANA 39 COOPERATIVE FEDERALISM 40 ZERO DEFECT, ZERO EFFECT 41 DIGITAL INDIA 42 TWO FACTOR IDENTIFICATION ISSUE 43 MINSK AGREEMENT 44 WILFUL DEFAULT 44 © Essaysfor 2014‐15 Page 1 Issues for IIM PI Process ‘MAKE IN INDIA’ 45 Features of the ‘Make In India’ campaign ..............................................................................................

59 Compulsory voting in other countries ....................................................................................................

59 What compulsory voting would mean ....................................................................................................

46 PM MODI’S ADDRESS TO UN GA 46 ‘CHALEIN SAATH SAATH’ 47 DEEPAK PAREKH COMMITTEE ON INFRASTRUCTURE 48 ‘JAPAN PLUS’ 48 WHY CRONY CAPITALISM PERSISTS 49 ISSUES IN THE SHG BLP 51 INCLUSIVE RURAL FINANCIAL SYSTEM 52 NEED FOR REGULATION 54 COMPANIES ACT 2013 54 The Board of Directors ............................................................................................................................

54 Audit function ......................................................................................................................................... 55 Corporate Social Responsibility .............................................................................................................. 56 KYC COMPLIANCE 56 COMPULSORY VOTING IN INDIA 58 Right to vote in India ...............................................................................................................................

60 REMOVAL OF GOVERNORS 60 INDIA’S EBOLA READINESS 61 Steps Taken .............................................................................................................................................

63 RBI’s Charter on Consumer Rights 63 INDUSTRIAL DISASTERS 64 DEVELOPING HUMAN CAPITAL 67 THE GROWTH DIVIDE 68 MASALA BONDS DEMYSTIFIED 69 NET NEUTRALITY 70 TRADE FACILITATION AGREEMENT 72 PEACE CLAUSE CONUNDRUM 74 SECTION 3(D) OF PATENTS ACT 75 SYSTEMICALLY IMPORTANT BANKS 77 © Essaysfor 2014‐15 Page 2 Issues for IIM PI Process NEW POVERTY LINE 78 NSEL SCAM 79 PLUGGING OF LOOPHOLES IN DTAA 81 TALKS FOR INDIA‐EU FTA SUSPENDED 82 TELANGANA AND WATER DISPUTES 83 WARSAW CLIMATE CHANGE NEGOTIATIONS 83 INDIA AND CLIMATE TALKS IMPERATIVES 84 CHINA AND SEA AIR ZONE 86 IMPROVEMENT IN CAD 87 RUSH FOR GOLD 88 WHO GETS LPG SUBSIDIES? BUILDING UP FX RESERVES 91 ISSUES WITH LIABILITY RULES 92 INDIA’S TWIN ENVIRONMENTAL CHALLENGES 93 INDIGENIZATION OF MILITARY HARDWARE 94 CHINA’S NEW ECONOMIC MODEL 95 INDIA‐IRAN TALKS 96 LEGISLATIVE PROCESS TO MAKE AN ACT 97 CRIMINALITY IN THE POLITICAL SYSTEM 98 FOREIGN DONATIONS TO POLITICAL PARTIES 99 “NO” TOTAL AUTONOMY FOR CBI 100 PATENT BATTLES 101 NATIONAL GREEN TRIBUNAL (NGT) 102 OPINION POLLS 103 DECLINING SEX RATIO 104 TOWARDS ACHIEVING MDGs 106 RBI TO BE GUIDED BY ‘FIVE PILLARS’ 110 QUANTITATIVE EASING 110 INDIAN ECONOMY – IMPORTANT INDICATORS 114 NATIONAL MANUFACTURING POLICY 116 FTAs AND INDIA 117 © Essaysfor 2014‐15 Page 3 Issues for IIM PI Process KELKAR COMMITTEE ON FISCAL CONSOLIDATION 118 INTERNATIONAL TRADE 120 TRADE IN VALUE ADDED 121 INDIA‐EU FTA ISSUES 122 POVERTY IN INDIA 123 PITFALLS OF BPL TARGETING 124 POVERTY LINE MEASUREMENT 125 POVERTY AS A CHALLENGE 127 FINANCIAL INCLUSION 128 FAST TRACK COURTS – AN OVERVIEW 130 IMPACT OF ECONOMIC CRISIS ON INDIA 132 INCREASING VULNERABILITY TO EXTERNAL SHOCKS 132 INDIA’S BALANCE OF PAYMENTS: SITUATION AND SOLUTIONS 133 NEED TO ADDRESS TWIN DEFICITS 134 NEED FOR AN INDEPENDENT MEDIA REGULATOR 135 ROLE OF CIVIL SOCIETY 136 JUDICIAL ACTIVISM 137 INCREASING IMPORTANCE OF BRICS 139 EXPANSION OF UNSC 141 REASONS FOR FAILURE IN TACKLING NAXALISM 141 NAXALISM‐ NEED FOR HOLISTIC APPROACH 143 NUCLEAR ENERGY – PROS AND CONS 144 CRITICAL POLICY CHALLENGES BEFORE INDIA 145 STEPS FOR TRANSFORMING THE ELEPHANT INTO A TIGER 149 REAPING THE DEMOGRAPHIC DIVIDEND 153 GROWING JOBS CHALLENGE 154 G‐20 AND INDIA 155 VIOLENCE AGAINST WOMEN 159 SECTION 66A OF THE IT ACT 161 LOBBYING 162 CREATION OF NEW STATES 162 LEGISLATURE VERSUS JUDICIARY 163 © Essaysfor 2014‐15 Page 4 Issues for IIM PI Process DIRECT TAXES CODE (DTC) 164 GAAR / GENERAL‐ANTI‐AVOIDANCE RULES 166 INDIA’S SOVEREIGN DEBT: SUSTAINABILITY ATTRIBUTES 167 CAN ASIA STEP UP TO 21ST CENTURY LEADERSHIP?

Sets a goal to make its 2025 emissions between 26 ‐28 % lower than they were in 2005 Would help the U. achieve its longer‐term goal of bringing emissions 80% lower than 2005 by 2050. Significance of Targets China is the biggest source of greenhouse gas pollution, with about a quarter of the world’s emissions. With pledges from the top three emitters on the table a year ahead of the Paris climate summit, pressure now builds on other countries including India, Russia and Japan to present their own targets.

Challenges Coal still fuels about 80% of China’s electricity.

Still, quitting coal will require a massive investment in natural gas and renewable energy.