The Hindu Editorial Analysis : 23rd February 2024

The Hindu Editorial Analysis

The Importance of Reading The Hindu Editorial: Reading The Hindu newspaper has several benefits, including improving reading skills, facilitating comprehension, staying informed of current events, enhancing essay writing, and more. For individuals aiming for a career in banking, reading editorials is crucial for vocabulary building. In this article, we will examine today’s editorials, provide practice questions, and highlight important vocabulary words.

Indian Space sector revolution

• Space sector in India had not been as important in the past as it is currently because of its increasing exploration.
• There is no doubt that Space technology is one of the expensive technologies and there is also risk associated with the Space endeavors and only National agencies were engaged in this sector for decades.
• But the involvement of private sector players has made this assumption wrong. These private players are expected to complement, augment and lead the way of the Space sector and harness opportunities and innovation rapidly.
• In 2020, India has started reforms that invite private sector companies to take interest in the space sector. These reforms are included Geospatial Guidelines’ , ‘Indian Space Policy’, the Indian National Space Promotion and Authorisation Centre (IN-SPACe), and passing the Telecommunications Act 2023 that, among other departures from the Indian Telegraph Act, 1885, provided for satellite broadband services.
• In February 2024, the government decided to open the way for 100% foreign direct investment in the space sector, especially manufacturing of components and systems/sub-systems for satellites, ground segment and user segment.
• The 74% FDI in satellite-manufacturing, operations, and data products; and up to 49% in launch vehicles, space ports, and their corresponding systems is allowed.
• Allowing FDI through automatic route in the space sector, India has taken the one step forward towards spurring the contributions of private companies.
• The decision to allow 100 % FDI in the space sector provides India with the ability to take advantage of its foreign ties to compete with the world superpower in the space sector – China.

Important Questions:

1. Write down the revolution in the Indian Space sector.
2. Describe some major reforms in the Indian Space sector.
3. What are some major advantages of the 100 % FDI allowance in the Indian Space sector?

Important vocabs:

• Hiatus- a pause or break in continuity in a sequence or activity.
• Complacent- Satisfaction with one’s achievement
• Shudders- tremble convulsively, typically as a result of fear or revulsion
• Gainsaid- deny or contradict
• Perennial- lasting or existing for a long or apparently infinite time; enduring or continually recurring

Download Online Mock Test Mobile APP

• Join Official Telegram Channel
• Join Official Whatsapp Group

Recommended PDF’s for 2024:

• Computer Capsule 2024 : Download PDF
• Banking Awareness (Theory+MCQ’s) Complete PDF : Download Now
• Get FREE Study Materials & PDFs for IBPS , RBI, SBI, LIC AAO , LIC Assistant, NIACL & Other Exams Over the mail and Whatsapp