1. Civilsdaily NewsDigest
July 2015
Curated with care - Civilsdaily Team
CIVILSDAILY NEWSDIGEST - JULY 2015 1
“A great man is one who
leaves others at a loss
after he is gone.”
2. Hello,
Alexander Hamilton once said, “A well adjusted person is one who makes the same
mistake twice without getting nervous.”
And here you are - aspirants, both old and new - gearing up for once more battle at
the doors of the UPSC Hydra! We wish you a truckload of luck as you prepare for the first
leg of this journey which is CSE 2015.
Our in-house rankers - Satish Reddy (AIR 97) and Abhijit Thorat (AIR 478) extend
their warm wishes (even though Abhijit is gearing towards rank improvement). These IRS
folks, I tell you! It seems everyone with >100 rank sits again in this big yajna!
Aspirants 2016 & beyond
Civilsdaily started sometime in March 2015 and you have an year ahead for yourself
to study with us. We will be evolving our product offering and web interface so that
Current Affairs is a breeze to solve!
Here is what we propose to you -
• Be regular at the website - http://www.civilsdaily.com/ and look for all the
stories which we have created ever since. These stories are newscards (from our app)
connected in a chronological order to give you a comprehensive feel of the News
Development.
• Read through the blogs by IAS rankers - http://www.civilsdaily.com/blog/ and
form basic strategies on how to approach subjects.
• Discuss Topics - It is important for everyone to be able to form opinions or at least
know the different facets which help you interpret the facts. Contribute to the daily
news on our website - add more to comments and ask better questions!
Every now and then, we will release a Web Stories Digest where in we will
collate the best of info graphs and user comments so that aspirants get a full
feel of the Current Affairs.
Such compilations would only be available to those who have spent
time contributing to the stories in terms of comments or matter.
CIVILSDAILY NEWSDIGEST - JULY 2015 2
14. Economics | July 2, 2015
Govt. to roll out road map for corporate tax
reduction
1. Government in the next 45 days will unveil the road
map of how it will go about reducing the corporate tax
rate.
2. Plan is reduce it to 25% over 4 years, and eliminate
the existing incentives and exemptions.
3. Though the effective rate of collection is 23% due to
many exemptions but the base rate of 30% is much
higher than global standards making our domestic
industry uncompetitive.
Discuss: Ease of doing business, shall we?
World | July 2, 2015
[op‐ed snap] AIIB: A new multilateral
institution
1. AIIB took shape with 50 members, including Australia,
India, Russia and the United Kingdom and the
remaining 7 are likely to join by the end of the year.
2. China will be the largest shareholder (at 30.34%),
followed by India (8.52%) and Russia (6.66%).
3. AIIB is a culmination of China’s concerns that the
emerging economies were not being given an
adequate say in institutions such as IMF and WB.
4. With ‘Belt and Road’ project close to her heart, AIIB is
likely to invest in projects in China’s Asian
neighbourhood which is suffering from a massive
infrastructure funding gap.
5. India’s participation in AIIB indicates mature balancing
act to suit its interests – to engage with the West, at
the same time exploring options with new financial
institutions.
40. Trivia | July 8, 2015
[Update] The Newsdigest for June is delayed
1. Why?
2. Working on a few other things (specific to aid to your
prelims prep)
3. Two of our content writers got through civils this
year! So, a few man hours lost on account of indulgent
celebrations.
4. The Newsdigest should up by the second week of
June.
Polity | July 9, 2015
[op‐ed snap] NJAC: Objection Overruled
As per the Second Judges Case, the Constitution Bench
of the SC hearing a petition challenging NJAC Act and CA
Act might find it difficult to strike down the laws on the
grounds that they destroy judicial independence and
hence the basic structure of the Indian Constitution.
86. Trivia | July 16, 2015
[Announcement] Upgrade your App. NOW.
1. If you are still on the old version with *Load Latest*
and *Buttons to swipe* – then please by all means go
to the Playstore and update the App!
2. Already done? Cool!
3. It has been an absolute pleasure interacting with you
guys on suggestions and changes to what was once a
very basic initiative.
4. We have come a long way. And now would like your
help in marketing us forward.
5. Please upgrade your ratings – leave nice and
encouraging comments! Our content writers thrive on
your affection!
Discuss: In some of the cards, you will see the website
story links ‐ that is the new awesome innovation from our
side. You will be able to read all the related cards from
there on.
Trivia | July 16, 2015
[Announcement] Abhijit Thorat (AIR 478) on
strategies to Crack Pre 2015
1. Without further ado – visit the civilsdaily.com website
to read about this topper’s strategy to crack Pre.
2. Abhijit would be available at civilsdaily.com for
answering some of your queries so please head to the
site now.
92. Trivia | July 17, 2015
[Request] Update your app from the Playstore
1. We have worked very hard for one full month to
come up with a major update on the app.
2. Please go to the Playstore and UPDATE.
3. We can still see some of you using the older Version 3
and you have no idea how cool the Version 4 is.
4. Click the link below – it should take you to the
playstore.
Trivia | July 17, 2015
[Update] CSE 2014 toppers are trying to reach
out to you
1. One of important reason why we asked for your login
details was that we want our toppers to be able to talk
to you.
2. Satish (AIR 97) and Abhijit (AIR 478) have been core
members at civilsdaily and they are replying to queries
on their blog @ civilsdaily.com
3. Please check on the *promotion* tab and read emails
from Rini Roy & Civilsdaily.
4. Mark them Important & Move them to your inbox so
that you receive all our important emails.
Discuss: This is very very important. Hope you are all on
the latest version of the app!