Forwarded from Agents of UPSC CSE 🚩 (Jagx 🚩)
What is the T-0 Trading Settlement Cycle.pdf
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What is the T+0 Trading Settlement Cycle? 💰💵💶💷
India will be only the second country after China to be operating on a short settlement cycle. Currently, trade settlement in most other major economies is completed within two days.
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In 1974 Indira Gandhi handed over #KatchaTheevu island to Sri Lanka on platter & ceded strategic advantage to SL
What is Katchatheevu Issue?
Katchatheevu is a small, uninhabited island in the Palk Strait, located between India and Sri Lanka.
It is historically significant to Tamil Nadu fishermen (from India) for fishing grounds and the island's St. Anthony's Church festival.
The Core of the Issue
Disputed Ownership: Katchatheevu was originally part of the zamindari (landholding) of the Raja of Ramnad (in modern-day Tamil Nadu). The island was administered by British India and later became part of India after independence in 1947.
1974 and 1976 Agreements: To settle the boundary dispute, India and Sri Lanka signed agreements in 1974 and 1976. The 1974 agreement ceded Katchatheevu to Sri Lanka.
What is Katchatheevu Issue?
Katchatheevu is a small, uninhabited island in the Palk Strait, located between India and Sri Lanka.
It is historically significant to Tamil Nadu fishermen (from India) for fishing grounds and the island's St. Anthony's Church festival.
The Core of the Issue
Disputed Ownership: Katchatheevu was originally part of the zamindari (landholding) of the Raja of Ramnad (in modern-day Tamil Nadu). The island was administered by British India and later became part of India after independence in 1947.
1974 and 1976 Agreements: To settle the boundary dispute, India and Sri Lanka signed agreements in 1974 and 1976. The 1974 agreement ceded Katchatheevu to Sri Lanka.
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the historical context you’ve provided regarding land matters:
🍁Aksai Chin (1962): Aksai Chin is a region in the northern part of the Indian subcontinent. It has been a subject of territorial dispute between India and China. In 1962, during the Sino-Indian War, China occupied Aksai Chin, leading to tensions and territorial claims.
🍁Karakoram Pass (1963): The Karakoram Pass is a high mountain pass in the Karakoram Range, connecting India and China. It has also been a
🍁Katchatheevu (1974): Katchatheevu is an island located in the Palk Strait between India and Sri Lanka. In 1974, India ceded Katchatheevu to Sri Lanka through an agreement. This decision was met with controversy and criticism.(in news)
🍁Tia Pangnak (2008): Tia Pangnak is a disputed area between India and China in the eastern sector of the India-China border. It has been a part of ongoing border negotiations.
🍁Chabji Valley (2008): The Chabji Valley is another disputed region along the India-China border. It has been a point of contention in bilateral relations.
🍁Demzok (2012): Demzok is a region in Ladakh, India. Like other border areas, it has been a subject of territorial disputes.
🍁Raki Nula (2013): Raki Nula is also in Ladakh and has faced similar border tensions.
🍁Depsang Plains (2013): The Depsang Plains are located in Ladakh and have been a flashpoint in India-China relations due to border incursions.
🍁Aksai Chin (1962): Aksai Chin is a region in the northern part of the Indian subcontinent. It has been a subject of territorial dispute between India and China. In 1962, during the Sino-Indian War, China occupied Aksai Chin, leading to tensions and territorial claims.
🍁Karakoram Pass (1963): The Karakoram Pass is a high mountain pass in the Karakoram Range, connecting India and China. It has also been a
🍁Katchatheevu (1974): Katchatheevu is an island located in the Palk Strait between India and Sri Lanka. In 1974, India ceded Katchatheevu to Sri Lanka through an agreement. This decision was met with controversy and criticism.(in news)
🍁Tia Pangnak (2008): Tia Pangnak is a disputed area between India and China in the eastern sector of the India-China border. It has been a part of ongoing border negotiations.
🍁Chabji Valley (2008): The Chabji Valley is another disputed region along the India-China border. It has been a point of contention in bilateral relations.
🍁Demzok (2012): Demzok is a region in Ladakh, India. Like other border areas, it has been a subject of territorial disputes.
🍁Raki Nula (2013): Raki Nula is also in Ladakh and has faced similar border tensions.
🍁Depsang Plains (2013): The Depsang Plains are located in Ladakh and have been a flashpoint in India-China relations due to border incursions.
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