Welcome to the Hindu News Analysis by Shankar Ayesakarmi. The news articles along with the page numbers are displayed here for your reference. The PDF link of the handwritten notes and the time stamping of the news articles is given in the description box as well as in the comment section. Now, let us start our today's news analysis. See, we know that the budget session of the parliament is underway. And today, that is on 1st February 2020, the Indian budget for the next financial year, that is for 2020 to 2021, will be presented by the Indian Finance Minister in the Lok Sabha. See, the economic survey was already tabled in the parliament on 31st January, which is prepared by the Department of Economic Affairs under the Ministry of Finance. See, this survey is the detailed report of countries' economic performance for the last financial year. So, we can expect many news articles in the upcoming days regarding the chapters given in the economic survey as well as on the budget. If you look at this news article, which is based on Chapter 9 of the economic survey, which is titled as privatization and wealth creation. The syllabus relevant for the analysis of the news article is highlighted here for your reference. See, in this chapter of survey, the government compares the performance of public sector units with its peer groups, that is, before and after privatization, as the economic survey is also pitching for further disbursement in public sector undertakings. So, in this context, let us discuss the important points given in this chapter. We know that India underwent structural economic reforms such as liberalization, privatization and globalization in 1991. See, the liberalization reforms undertaken in 1991 led to an increased demand for privatization or disinvestment of public sector units. See, the most recent call by the government is for the strategic disinvestment of Air India. Now, we will see in brief about strategic disinvestment. That is, according to the Department of Investment and Public Asset Management or the PUM under the Ministry of Finance, strategic disinvestment means is the sale of substantial portion of the government shareholding of a central public sector enterprises. See, it can be up to 50% or such higher percentage as determined by the competent authority. See, the strategic disinvestment may also include the transfer of management control to the strategic buyer. As a result, it can be another central public sector enterprise or other private enterprise. Now, we will try to understand the impact of disinvestment with an example. That is, in 2019, the strategic disinvestment of government shareholding of about 53.29% in Bharat Petroleum Corporation Ltd. was approved by the cabinet. The economic survey says that since the announcement of BPCL's disinvestment, its stock price has increased as compared to its PO-Industan Petroleum Corporation Ltd. And this increase in value of shares comes around 33,000 crores. And this has obviously led to the increase in the BPCL's overall firm value. And we can also say that there is an increase in national wealth by the same amount. Therefore, the economic survey is pitching for aggressive disinvestment in the selected central public sector enterprises, preferably through the route of strategic sale. See, the survey says that this would bring in higher profitability, can promote efficiency, and it can increase competitiveness, including professionalism in the management of CPSCs. So, in order to substantiate this argument, the survey has analyzed the performance of about 11 central public sector enterprises for a period that is before and after disinvestment. See, these companies had undergone strategic disinvestment from the period that is from financial year 2000 to financial year 2004. See, the analysis is based on several indicators such as net worth, net profit, return on assets, return on equity, then gross revenue, then net profit margin, sales growth, and gross profit per employee, etc. See, based on these parameters, the performance of the privatized CPSCs has improved in the post privatization period as compared to their peer companies. Furthermore, the return on assets and net profit margin turned around from negative to positive surpassing that of the peer firms. It indicates that privatized CPSCs have been able to generate more wealth from the same resources as compared to their peer companies. Know that the return on assets which is mentioned here is the ratio of profit after tax to its total average assets of a company. It simply means that how much net income is derived from its total assets. Similarly, the return on equity that is ROE is the ratio of profit after tax to the average net worth or the shareholders equity. See, increase in both ROE and ROE means value of assets and shareholders of the company is increasing substantially. So, in the economic survey that is in the last part of this chapter, a new way of disinvestment for the future has been given. That is, it recommends the formation of a separate corporate entity for the future disinvestment of selected CPSCs. So, the government would transfer its stake in these selected CPSCs to this corporate entity. See, this entity would be managed by an independent board with a mandate to divest the government stake in these CPSCs over a period of time. As a result, this would increase professionalism and autonomy to the disinvestment program. Ultimately, it would improve the economic performance of these CPSCs. See, the economic survey also highlighted about 264 CPSCs under 38 different ministries or departments. Though some of them are profit-making, still they are underperforming. So, we can conclude by saying that in the upcoming days, many news articles on strategic sales can be expected. With this, we have come to the end of analysis of this news article. Now, let us proceed to the next news article analysis. See, this news article is again about the economic survey for the financial year 2020. See, in this discussion, we will see about some important economic indicators such as GDP growth, fiscal deficit, balance of payments, etc. The syllabus relevant for the analysis of this news article is highlighted here for your reference. As we all know that the GDP growth has been decreasing, even the economic survey has stated that India's GDP growth rate for the current financial year is expected to grow at 5%. In addition to this, the economic survey also estimated the growth rate for next financial year. That is, India's GDP growth is expected to grow in the range of 6 to 6.5% in the next financial year. That is the financial year 2020 to 2021. See, this estimation has been made based on the assessment of both the downside risk as well as upside risk for the acceleration in GDP growth. Here, the downside risks include the continued global trade tensions as it could delay the recovery in the growth of global output, which in turn may constrain the export performance of our country. Then the next risk is escalation in US-Iran geopolitical tensions as it may increase the price of crude oil and it will also lead to depreciation of rupee value. Due to this, net foreign portfolio investment inflows may also weaken and as a result it will further add pressure on the rupee value. Then the next downside risk is that the banks have an aversion that is banks may not show strong interest to lend due to the bad loans. See, the implementation of IBC code is making some progress but not to that level as expected. So, unless this speeds up the risk aversion of banks to lend may not reduce further. So, all these risks affect the investment in our country which in turn affects the GDP growth rate. Now, we will see some of upside risks that will enable investments in the country. See, one such risk is reduction in the base corporate tax rate to 15% for new manufacturing companies. This may increase the rate of return on investment and it will increase a surge in new investments. Like this, many upside risks are listed in the economic survey. After this, the economic survey talks about the fiscal deficit. As we know that the fiscal deficit is the difference between total revenue and total expenditure of the government and fiscal deficit occurs when a government collects lesser money than it spends. It precisely indicates how much a government needs to borrow from the markets to meet its expenses. But know that any increase in expenditure at a time of shrinking revenues will put additional pressure on the fiscal deficit. So, in this way, the economic survey warns against a widening fiscal deficit. However, the survey says the government may need to relax its fiscal deficit targets for the current financial year in order to revive growth rate. See, if the fiscal deficit widens, then it will be the third year in a row in which the government deviates from its fiscal consolidation path. See, in 2019, the government targeted to contain the fiscal deficit at about 7.04 lakh crores or 3.3% of GDP from about 6.49 lakh crores or 3.4% of GDP in the previous year. Even the medium term fiscal policy statement that was presented along with the last year budget fixed the fiscal deficit target for the current financial year is at 3.3% of GDP. See, the fiscal deficit is expected to follow a gradual path of prediction and can attain the targeted level of 3% of GDP in the financial year 2021. And it is also expected to continue at the same level in the financial year 2022 that is at 3% of GDP. After this, the economic survey also throws light on what should be done in order to strengthen India's balance of payments position. That is, balance of payments is an outcome of the total transactions of an economy with the outside world in one year period. Basically, it is the net outcome of the current account and the capital accounts of an economy. See, in recent times, India's tariff regime has come under pressure from the trade partners because they have been pressurizing to reduce our basic custom duties. However, India has defended its tariff regime stating that it is necessary for protecting the vulnerable businesses in India. That is, for protecting the domestic businesses, mainly micro-small medium enterprises. However, the economic survey notes that the government is aware that some reduction in tariff rates may have to be done in respect of intermediate inputs and raw materials to correct the presently inverted duty structure. As a result, a corrected duty structure will reduce the cost of intermediate inputs that are imported for manufacturing of exports. And thereby, it will make the country's exports more competitive. So, it will result the increase in exports from India. Therefore, the resulting increase in exports will strengthen overall India's BOP position. Therefore, a reduction in basic custom duties on intermediate inputs will not only correct the inverted duty structure by creating the right incentives for boosting manufacturing, but it will also increase the growth of exports of consumption goods that significantly use imported intermediate goods. So, it will boost manufacturing and can create employment and growth of exports of consumer goods. Then the economic survey also provides a suggestion to boost the employment in our country. So, to achieve this, India must focus on a group of industries that are referred to as network products. See, in this network products group of industries, production processes are usually globally fragmented. That is, they are controlled by leading multinational enterprises in short M&Es. See, these multinational enterprises control their production processes within their producer-driven global production networks. Here, some examples of network products include computers, electronic and electrical equipment, telecommunication equipment, road vehicles, etc. See, in this network products group of industrial production, we can take the example of China, because China's remarkable export performance is primarily driven by deliberate specialization at large scale, then in labor-incentive activities, especially in the network products, where the production occurs across global value chains that are operated by multinational corporations. Now, what China does? So, in this example, what China actually is doing is that they import components and assemble them in China for the world. So, by doing this, China has created millions of jobs. So, by taking the example of China, what India can do is, we can integrate, that is, assemble in India for the world into making India. Again, by doing this, the economic survey estimates that India can rise its export market share to about 3.5% by 2025 and even it can rise its export market share to 6% by 2030. The survey also estimates that in this process, India would create about 40 million well-paid jobs by 2025 and about 80 million well-paid jobs by 2030. So, network products production process is a great solution to create jobs in our country. So, these are some of the inputs that we can take from the economic survey. With this, we have come to the end of analysis of this news article. The display practice question will be discussed at the end of this session. Now, let us proceed to the next news article analysis. This editorial is again with reference to the recently released economic survey. In this analysis, we will see two things mainly. First, we will see various factors that have played important role in decreasing the GDP growth rate in the present financial year. Then, we will see important observations from one of the chapters of economic survey. Then also, some of the relevant points that are mentioned in other news articles in relation with this editorial. The syllabus relevant for the analysis of these news articles is highlighted here for your reference. Now, we will see the important points that are mentioned in one of the chapters of the economic survey. That is, the chapter is titled as undermining markets. That is when the government interventions are hurting more than it is helping. If you look at the editorial, the author mentions some of the reasons that are cited in the economic survey. These are some of the reasons for the drop of growth in Indian economy in present financial year. See, we know that recently the GDP growth of the financial year 2018-19 was also revised downward. It was revised from 6.8% to 6.1%. And in the present financial year, that is, financial year 2019-20, the GDP growth rate is also expected to be around 5%. Furthermore, even the IMF has also revised India's growth projections downward. That is, for the present financial year, it was revised from 6.1% to 4.8%. Now, let us see some of the factors that has led to this downward revision. One of the reasons is the weak growth in consumption expenditure, which indicates weak demand for the produced goods in the country. Then the second reason is the drop in fixed investments in various sectors of Indian economy. See here, the second reason is induced by the first reason. That is, a sharp decline in fixed investments is induced by a sluggish growth of real consumption. This means that there is a drop in investment because of weak demand. Then the third reason is that the current weakness of the non-banking financial companies. See, the economic survey mentions this as financial fragility in the NBFC sector. We know that non-banking financial companies or NBFCs play a very important role in providing finances for infrastructural and developmental activities that will have direct bearing on the growth rate of Indian economy. When their balance sheets are in trouble, this means there will be a drop in credit flow to the developmental or growth related activities. Therefore, the financial fragility of the NBFCs is also a reason for the present sluggish economic growth. See, we can say two recent examples for the crisis in NBFCs. One is that IL and FS crisis and the other is the crisis in the Divan Housing Finance Limited. See, the two subsidiaries of infrastructure leasing and financial services defaulted their payments in 2018 whereas Divan Housing Finance Limited defaulted their payments in 2019. So, to better handle the situation with respect to NBFCs, the survey suggests a dynamic index to act as a health score for NBFCs. This index is presently constricted to capture the risks in the NBFC sector. See, the index is planned in such a way that it can also be used as an early warning system to anticipate liquidity crisis in the NBFC sector. Now, we'll see the other reasons for sluggish economic growth, that is slow pace of insolvency resolution in our country. See, recently we have seen a good example of insolvency resolution with respect to SOR still. So, in general, we can say that the insolvency resolution has started in our country, but it is moving in a slow pace. This is also reason in hindering us from realizing a better growth rate. See, when such a resolution is delaying beyond a reasonable time, then it will increase the impacts of insolvency on various stakeholders of the economy. So, in addition to these reasons, which are domestic in nature, there are some international factors that influence the growth rate of India. Say, for example, the escalation of geopolitical tensions in West Asia. See, this can affect the cost of crude oil in the international market and therefore can affect the import bill of the government of India. Then the other reasons for the drop of economic growth is because of the trade uncertainties in the global economy. See, as long as there are uncertainties, we cannot work for a stable trade policy. This will also affect our exports and imports and can also affect the entire economic chain associated with exports and imports. See, uncertainties in global economy is a serious issue. This is because when it comes to market, to have a stable growth, we need a stable market for our products and services to achieve the targeted growth rate. Therefore, these are some of the factors that have led to the downward revision of India's growth in this financial year. Then the author also talks about one of the chapters in the economic survey. See, the title of the chapter is undermining markets when government intervention hurts more than it helps. See, the economic survey speaks about some of the government interventions which are really hurting the market rather than helping. For example, the government is enforcing the Essential Commodities Act. So under this act, the government imposes stock limits on commodities to ease the volatility in the prices. See, the survey observes that frequent and unpredictable imposition of blanket stock limits on commodities are issued under this act. For example, recently, the stock limit for onions was imposed under this act in September 2019. So in contrast to easing pressure on prices, the survey observes that the actions taken under the act has spiked up the volatility of the wholesale and retail prices. So the survey calls for throwing away the legislation. Then the survey also points to the regulation of prices of drugs through the Drug Price Control Order 2013. See, the author says that regulation through this order has led to increase in the prices of some of the regulated pharmaceutical drugs against the prices of unregulated drugs. Therefore, author says that DPCO has failed in achieving its objectives that is to make medicinal drugs affordable to the people. So sufficient actions need to be taken in this regard. Then the author also mentions that failed interventions can be seen in the government policies in food grains markets also. The survey states that government policies in the food grain markets has led to the emergence of government as the largest procurer and hoarder of food grains. And this adversely affects competition in the markets related to food grains. Therefore, the role of the government as per the survey has to be reexamined. So these are some of the examples where the government interventions has heard the markets rather than helping the markets. Now if you look at the other news articles which mentions that some of the solutions such as pro-business policy, bigger banks etc. are vital for India to become a 5 trillion economy by the financial year 2025. Therefore, the author concludes the article by saying that the observations made by the economic survey in this regard will cheer up the markets and traders. But the author also implies a caution that is taking curative actions is subjected to how efficiently the government changes its role with respect to these matters and how efficiently the associated risks are going to be managed. So these are some of the information with reference to the analysis of these news articles. The displayed practice question will be discussed at the end of the session. Now let us move on to the next news article analysis. This news article discusses a complete chapter called Ptoleonomics that is the economics of a plate of a food in India which is discussed in the volume 1 of the economic survey. In this chapter of Ptoleonomics an attempt has been made to quantify what a common man pays for Ptole. That is a plate of food across India. So in this context let us discuss the calculation methodology of Ptoleonomics and its findings from this chapter. The syllabus relevant for the analysis of this news article is highlighted here for your reference. We saw that Ptoleonomics is an attempt to quantify what a common man pays for Ptole. See the main purpose is to understand the evolution of food prices over a period of time through this exercise. The time period taken for the calculation is from the financial year 2006-7 to the first of the current financial year. Now we will see why food is focused. This is because price of a plate of food has the most direct effect on the common man. This survey tells that food and beverages constitute around 45.9% in the combined consumer price index. Now let us see how the Ptole prices have been calculated and then we will see how the affordability factor to purchase the Ptole has been calculated. See the Ptole prices were constructed for 25 states and union territories using the average monthly price data for the given period that is from April 2006 to October 2019 from Labour Bureau data. Here two types of Ptole were considered for the analysis. One is vegetating Ptole and the other is non-vegetarian Ptole. For each Ptole, quantities of cereals, vegetables, pulses and non-vegetarian items were taken assuming that at least two full meals would be consumed in a day. So based on this the Ptole prices were calculated. Therefore the Ptole prices include the cost of raw cereals, vegetables and protein as well as the spices, condiments, cooking oil and fuel that are needed to prepare the meal. Then coming to the affordability factor which was calculated using daily wages that were derived from the annual survey of industries. We will see the findings of the economic survey. The survey has found that a worker had spent about 70% of their daily wages on two vegetarian Ptole's a day for a household of five members in the financial year 2006-07. Whereas in 2019-20 the same worker is spending about 50% of their income for the meals. So the affordability of vegetarian Ptole has improved about 29% since 2006-07. Now if you take the state-wise data for this year, the most affordable meal was in the state of Jharkhand. Where two vegetarian Ptole's for a household of five members requires about 25% of a worker's daily wage. So from this analysis the survey tries to tell that the cost of food prices has reduced. The survey tells that there was a shift in the dynamics of the Ptole prices from 2015-16 because it was the time period when many reform measures were introduced by the Government of India in order to enhance the productivity of the agricultural sector. These measures include Pradhanamantri Krishi, Sinsa Yojana, Soil Health Codes scheme etc. And also many reform measures were introduced to increase the efficiency and effectiveness of agricultural markets for better and more transparent prices. These measures includes E-NAM, PM Asha etc. So as you can see in this picture that all these measures reflected in a slowdown in the cost of food prices since 2015-16. Then the survey intends to conclude that due to various initiatives by the Government of India, the cost of food prices have reduced and this intern has increased the affordability of a common man. Now let us look at the criticism which is reflected in the calculation methodology. We saw that the affordability factor was calculated using daily wages that were derived from the annual survey of industries. See the issue with this data is that this data deals with workers engaged in the organized manufacturing sector only. So this set of workers represents only 28% of the total manufacturing workforce. So we can see that it excludes workers from the unorganized sector as well as rural and agriculture workers are also excluded. Therefore we can say that the data does not represent the actual affordability scenario for the whole country. So this is all about Ptolenomics chapter that you need to know. Therefore to summarize this news article we have seen about Ptolenomics chapter from economics survey where we discussed the calculation methodology of Ptolenomics and its findings. And finally we saw an issue which is related to the calculation methodology that does not reflect the actual affordability scenario of India. With this we have come to the end of analysis of this news article. Now let us move on to the next news article analysis. This news article is also regarding economics survey where it has discussed the challenges of the poor and underprivileged sections of society in gaining access to higher education in the country. See it is discussed in chapter 10 of volume 2 which is titled as social infrastructure, employment and human development. So in this context let us see the government's expenditure pattern in social sectors and the challenges related to access of higher education which are discussed in the economics survey. The syllabus relevant for the analysis of this news article is highlighted here for your reference. See improvements in social sectors like education, health care, etc. has a huge impact on the quality of life of the people as well as to the productivity of the economy. So in this regard the government has taken many steps to improve the social sectors. Therefore from this graph you can see that the government's expenditure towards education as a percentage of GDP is about 3.1% for the financial year 2018-19 and also for the financial year 2019-20. And towards health as a percentage of GDP it has increased from 1.5% in the financial year 2018-19 to about 1.6% in the financial year 2019-20. See despite various efforts taken by the governments the economics survey has noted that high fees structure at the institutes of higher education is pushing the poor and underprivileged out of the higher education system. The economics survey has quoted that the national sample survey report which is titled as the national sample survey report on key indicators of household social consumption on education in India for the year 2017-18. See this report highlights increased participation in the education system across various indicators but still there are some challenges in terms of affordability, quality and distribution of education infrastructure. That is in 2017-18 as many as about 13.6% of those in the age group of 3-35 years were never enrolled for education. See one of the main reasons for not pursuing education was financial constraints. Now if you look at this table which gives an idea of how the expenditure towards education is distributed. This table gives the total data, rural and urban wise split up of the expenditures. From this picture you can see that course fees contributes about half of the average expenditure. Then the second largest component of average expenditure on education by student is books, stationery and uniform. Here you can see that an average student in rural areas is surprisingly spending more than 10% for books, stationery and uniform as compared to urban areas. So the absence of suitable financial support system and higher burden of course fees especially in higher education pushes the poor and underprivileged sections of the society out of the education system. As a result they prefer to engage themselves in economic activities for their survival due to the financial constraints. So these are the some of the challenges which are mentioned in the economic survey. So to summarize we have seen the government's expenditure pattern in social sectors and also the challenges which are related to accessing higher education that are discussed in the economic survey. With this we have come to the end of analysis of this news article. The displayed practice question will be discussed at the end of the session. Now let us move on to the next news article. This article speaks about the points of view of the chief economic advisor and the reasons given in the economic survey to improve the ease of doing business in India. The syllabus relevant for the analysis of this news article is highlighted here for your reference. Now kindly notice that chapter 6 of the economic survey for the financial year 2019-20 is titled as targeting ease of doing business in India. We know that we are aspiring to be a $5 trillion economy by the financial year 2025. So it is essential to simplify and maintain a business friendly regulatory environment to ensure proper growth for the country. So in order to understand the constraints in ease of doing business in India we must compare our progress with the leading economies on various parameters. See the best source for ease of doing business data is the annual ease of doing business report which is released by the World Bank. We know that in the 2020 ease of doing business report India is ranked at 63rd position out of 190 economies across the world. See the doing business report is based on performance of a country in several aspects of business regulation. These aspects include starting a business, dealing with construction permits, getting electricity, resisting property, getting credit, then protecting minority investors, then paying taxes, then trading across borders, enforcing contracts and resolving insolvency. See India has made substantial gains in the ease of doing business rankings that is it has improved from 142 in 2014 to 63rd position in 2019. See some of the factors which helped India to improve its ranks are the goods and services tax that is GST and the insolvency and bankruptcy code. However India's performance is very poor in other factors such as ease of starting business, then resisting property, then paying taxes and enforcing contracts. So the economic survey is of the opinion that we need to improve mainly these four factors to make a business friendly and growth oriented environment. See as per ease of doing business report New Zealand is the best place in the world to do business. Therefore the economic survey has compared India's performance on several parameters in comparison with New Zealand. Now let us discuss these parameters one by one in comparison with New Zealand. Now let's take up the parameter that is ease of starting a business. Not present in India it takes an average of 18 days to set up a business. Whereas in New Zealand it takes half a day with a single form. So we can say that India has significantly reduced the time and cost of starting a business but a lot more is to be done. Therefore the article has given one example to substantiate this data that is to open a restaurant in Delhi and individual needs to obtain 45 documents from the Delhi police. Whereas buying a gun it requires just 19 documents. So this is one of the examples of documentation that is required for starting a business. Now let us compare in terms of registering a property in India. That is to register a property in India it takes a minimum of 49 days, 9 procedures and involves a cost of 7.4 to 8.1% of the property value. Whereas in case of New Zealand it has only 2 procedures and a minimal cost of 0.1% of the property value. This indicates that we are far behind the best practice when it comes to registering a property to start business. It is to be noted that in terms of registering a property India's rank worsened from 93 in 2009 to 154 in 2019. Then the third parameter for comparison is the ease in payment of taxes. Here we compare the number of payments involved and the time taken for paying taxes. In India that is over the last decade the number of payments per year has significantly reduced from 59 to 12. But the time spent on paying taxes has not reduced much. So in India it takes about 250 hours per year to pay the taxes. Whereas in New Zealand it takes about 140 hours a year. Then the last parameter for comparison is enforcing contracts. And this parameter measures the ease of enforcing contracts and resolving disputes. See this is one parameter in which India's performance has been very poor over the years. See in India it takes almost 4 years to resolve an average dispute. Whereas in New Zealand it takes approximately 1 7th of it that is about 216 days. Even the economic survey 2018-19 had argued that the single biggest constraint to ease of doing business in India is its inability to enforce contracts and resolving disputes. So we must invest more in developing our judiciary to a well functioning legal system. This will have not just economic benefits but also social benefits such as reduction in penance of cases, then quick justice delivery etc. See China which is our neighbor and pure in the developing world face much better than India in all the above parameters. Even other developing economies such as Brazil and Indonesia also perform far better in some parameters especially when it comes to enforcing contracts and resolving disputes. So we need to appreciate the fact that the ease of doing business 2020 report has recognized India as one of the 10 economies that has improved its ranking. But we need to enhance the pace of reforms in ease of doing business to take India into the top 50 economies. So we can conclude by saying that a holistic assessment, a sustained and collective effort to ease business regulations is an essential step to ensure a sustained growth of about 8-10% per annum. Only then we can achieve or accomplish a target of $5 trillion economy by the financial year 2025. With this we have come to the end of analysis of this news article. The display practice question will be discussed at the end of this session. Now let us start our practice question session. Now let us take up this question which is based on Indian economy. Here they have given two statements and you have to choose correct statements. Statement one says fiscal deficit or surplus is the difference between the government's expenditure and its revenue excluding the borrowed money. Then the second statement says the fiscal deficit for last 5 years was below 3.5% of GDP. See this question is based on fiscal deficit which indicates the difference between total revenue and total expenditure of the government excluding borrowed money. See fiscal deficit occurs when a government collects lesser money or lesser revenue than the expenditure. So it precisely indicates how much a government needs to borrow from the markets to meet its expenses. Therefore the given first statement is correct statement. Now if you look at the second statement it says that the fiscal deficit for last 5 years was below 3.5% of GDP. Now look at this diagram which indicates effective revenue deficit, then primary deficit and also fiscal deficit. So from this diagram we can say that fiscal deficit was more than 3.5% in the financial year 2015-16 which is about 3.9% of GDP. Even in the financial year 2014-15 the fiscal deficit is at 4.1% of GDP. So we can say that the second statement is incorrect statement. So for this question you have to choose the correct statements that is option A. One only is the correct option for this question. Look at this question which is framed based on the economic survey that is expenditures on social sector leaves a profound impact on the quality of life of the people as well as to the productivity of the economy. The economic survey of 2019-20 has discussed the trends in social sector expenditure that is as per the survey which of the following expenditures are classified as expenditures on health. They are saying that medical and public health, family welfare, sports, labour and labour welfare and water supply and sanitation. So for this question you have to choose correct statements using the quotes given. So to answer this question you should know about economic survey which has mentioned social services as education, sports, art and culture, then medical and public health, family welfare, then water supply and sanitation, then housing, then urban development, then welfare of SES, STs and OBCs, labour and labour welfare, then social security and welfare, then nutrition, then relief on account of natural calamities, etc. So as per the survey expenditure on health includes expenditure on medical and public health, then expenditure on family welfare and water supply and sanitation. Whereas expenditure on education includes expenditure on education, sports, then arts and culture. So for this question they are asking that expenditures on health which includes medical and public health, then family welfare and then water supply and sanitation. So for this question option C that is 1, 2 and 5 only is the correct option. Now let us take up mains practice questions. The question is if India has to become a $5 trillion economy by the financial year 2025, the first and foremost step is simplifying and maintaining a business friendly regulatory environment, elaborate. This is a 10 marks question and you have to write in 150 words. Now consider this question which is also practice mains question. The question is while the government interventions are to help in the efficient functioning of markets, it is often said that the government interventions hurt more than it helps discuss. See this question is a 15 marks question and you have to write in 250 words. So for these two practice questions you can post your written answers in the comment section and your posted answers will be evaluated and suitable feedback will be given in the reasonable time frame. With this we have come to the end of analysis of today's Hindu News Analysis. If you like the video please do like, share, comment and subscribe Shankarai's Academy YouTube channel for more updates on civil services examination. Thank you.


The easiest way to explain passive income is imagine that you own a house or you want to build a house so that you can rent it out to tenants. Now, once you build that house, you'll get rent checks from those tenants every single month, whether you're on the beach or taking a nap or just taking the month off, right? That's what we consider passive income. Meaning you're not trading your hours for dollars. Now in the modern age, we can build physical assets with a hammer and wood like a house and we can rent that out or we can use what's called technological leverage and we can build what's called digital assets. These are things like online courses, iPhone apps, software, affiliate revenue, things like this, things where we've used the power of technology to get what's called leverage, meaning we have things doing work for us when we're not even around.


Get your tents ready Milwaukee Brewers Arctic tailgate February 25th and 26th Don't forget to stop by the restaurant to be named later have lots of fun go


Hey everyone Drew with GeoArm and I am back to talk to you about deleting a sensor in the Geo Alarm Control Panel. Very easy to do. Go ahead and hit that hamburger icon in the top left. Enter your code. You're going to go in the devices menu. You're going to find the section or the device that you're going to be looking for. I'm going to... it's in the door section here and I'm going to delete my front door. Okay you can see that I already had it inactive because it was causing me a problem. So I put it as temporarily disabled so that I could show you guys how to delete it. So the delete option will be right down here. You just click that delete button. It'll ask you if you're sure. Hit delete and then at that point it is deleted. Go ahead and hit the back arrow. Get out of programming and at that point you're good to go. Ladies and gentlemen that is how you delete a sensor in the GeoCP control panel. If you have any questions or comments leave them below. Take care and have a great day. GeoArm, the worldwide leader in DIY security.


Hello and welcome to the session. In this session we discuss the following question which says if the p-th term of an AP is Q and the Q-th term is P, find its n-th term. So we are given the p-th term and the Q-th term of an AP, we have to find its n-th term. n-th term of an AP is given by Tn and this is equal to a plus n minus 1 into D where this a is the first term of the AP, d is the common difference of the AP. This is the key idea that we use in this question. Now let's proceed with the solution. So we are given the p-th term of an AP is equal to Q and the Q-th term of an AP is equal to P and we need to find the n-th term of an AP. Now the p-th term of the AP is given by Tp and this is equal to a plus p minus 1 into D and this is equal to Q that is we have a plus p minus 1 into D is equal to Q. Let this be equation 1. Now the Q-th term is given by TQ, this is equal to a plus Q minus 1 into D and this is given as P that is we have a plus Q minus 1 into D is equal to P. Let this be equation 2. Now we have got two equations a plus p minus 1 into D is equal to Q and a plus Q minus 1 into D is equal to P. Now we will solve both these equations for the values of a and d.    So we have got the value for D so now substituting D equal to minus 1 in equation 1 we get a plus p minus 1 into minus 1 is equal to Q which means a minus p minus 1 is equal to Q. So this gives us a is equal to Q plus p minus 1 or you can say a is equal to P plus Q minus 1 so we have got the value for a also. Now the nth term of an AP is given as Tn is equal to a plus n minus 1 into D.  So the nth term of an AP given by Tn is equal to p plus Q minus n this is our final answer. So this completes the session hope you have understood the solution for this question.


I just showered and put on a little face mask and moisturize my whole body I'm feeling so dry after traveling but Tommy and I had breakfast and then he just left for practice. I'm just gonna like chill for a second. I was gonna go with him to practice but feeling a little tired and I want to unpack my stuff. The hotel we're staying at is so cute. I'm gonna go like lay down for a second and maybe like read some of my book and then unpack. I am very dark right now like I'm actually really tan. Makeup doesn't sit as well on my skin when I'm really tan and I've come to the conclusion that it's because my skin is dry so prepping my skin especially before I'm gonna be sitting in the sun all day is super important. This Swiss Perfection Cellular Perfect Serum. It is so good. I actually got it on a skiing trip while I was in Switzerland. I feel like I need to use a really hydrating foundation. I can't decide what to use. I feel like I should use this Makeup by Mario foundation. Last night I used the Durgio Armani Luminous Silk and it just like didn't sit right on my skin. I think it's because my skin is so tan and on the drier side. So we're gonna try this. This might be a too light right now for for my skin. I'm honestly not gonna use that much foundation today. So yeah I'm at the French Open. It's so known as Rolling Garrows. My boyfriend is playing in a tennis tournament here. I actually didn't come to Tommy's first match. I had a lot going on at home if you watched my last vlog you would know. The barn and then I actually had a denim sample that I had to approve. The full sample. I actually brought it with me. So maybe you guys will see it in this vlog. Okay I want to show you guys my very excessive contour routine. It's kind of insane but I do feel like it makes a huge difference. First I'm gonna go in with Baked by Milk Cosmetics. Now all of these serve different purposes with different undertones. So I think a mistake a lot of people make with makeup is that sometimes products like this are bronzers not for contour.  That's why I start off with this and it is a sort of grayish sort of shade and it's really good way to start your contour. So I will just start off with this and now if you've watched any of my makeup routines you know that I think contour and bronzer are like the most important parts of a makeup routine. I think that's what brings light dimension and just makes your skin look more healthy. And then for my jawline I actually use this flat morphe brush. I really like these flat brushes. Okay the first layer is down. Next I'm going to deepen up my cheek contour this Milk Cosmetics in Blaze. It is slightly warmer still a cooler tone and I'm actually gonna drag this down like that which looks a little crazy right now.  So the reason I don't use this really anymore on my cheekbones is because it does have like a kind of glitter shimmer in it and I really like my contour area to be pretty matte. I'm gonna warm up the apples of my cheeks but I found my makeup has turned out way better when I stick to putting the Charlotte Tilbury only on my forehead area. Also doing contour before concealer and I forget sometimes to do it in that order but every time I do it in that order I'm like this looks so much better. I literally don't have concealer on right now. I feel like I don't even need it I'm gonna add it but because I do like a really bright under eye but for some reason when you add contour and dimension to your face with bronzers like your under eyes lighten up.   Okay guys that is all for contour for now until I add like a little bit of a powder. Contour just to set my face. Next I'm just gonna do my eyebrows. I'm very lucky to have very full eyebrows but I do fill them in just a little bit just to even them out. Guys my last vlog I was talking about how I felt this sort of pressure at one point in Rome like go do things um just for the vlog and I was talking about how I felt like that was like a bit inauthentic.  So yeah I definitely like want to show you guys the places that I am lucky enough to go see but in my vlog I was like guys this is just like unrealistic. I am literally just here to support my boyfriend playing tennis and and if I was not dating him I would not be traveling to Europe this often or doing any of this traveling. I do obviously like traveling sometimes and parts of it but but like I said I do like home a lot better. I'm really just here to support Tommy and I am working a lot while I'm on the road and sometimes I just don't want to go run around because I'm not like that much of a city person. I love food otherwise cities like you know anyways I got some really funny comments from you guys. Exactly what I meant. I was literally cracking up and it just makes me feel so good because you guys just get it like you guys really just get it but yeah. I think in general I enjoy my vlogs most when they just feel natural so I'm just gonna continue to do that. So I added a concealer that matched my foundation shade first and now I'm just going in with a lighter shade to just bring more light to my face and I actually kind of like dab the concealer over my lips but I feel like my lip liner actually stays on longer if I put a little bit of product down. Okay now I'm just gonna quickly recontour my nose and I'm actually gonna leave this for a second and let it kind of dry down. Now I'm gonna do a layer of setting spray before I move forward to the other products. I'm the biggest Mac fan. Whenever I see a Mac store I have to go in even when I see one at the airport like I will go and just look through all the products but one time when I was living in New York I actually became friends with one of these sales associates and makeup artists that worked at Mac and I said to her I was like listen I'm sorry there's no way that setting spray does anything I feel like it's just like a hydrating mist. I love the Mac's Fix Plus been using her as long as I've been doing makeup but like feels really nice refreshing but there's no way it like does anything and she was like no actually Fix Plus is one of the few setting sprays and actually it basically leaves a layer over your skin that like helps your makeup combined smoothly. So that's why if you love the Mac Fix Plus more than other setting sprays which I do it's because it actually has signs behind it so that's cool. Okay we're not gonna talk about the chunks of glass that are in my palette. I cleaned out the colors that I use and so I'm gonna have to be throwing this out after this trip but we're gonna make it work. So now I'm just gonna add like a little bit of lightness before I start to set my makeup and do my eyeliner.   Okay before I do eyes or anything else I'm just gonna quickly set my brows with the Benefit 24 hour setting gel stuff. I strayed away from this stuff for a second. I don't know why I think because I get sent so many products but I like this the best. Okay next I'm just gonna set my bronzer with a little bit of the Hoola bronzer and now for the fun part I'm gonna do a ton of blush today. So I'm using this Dior in Coral like a lot. Don't forget the nose. That's good for now. I'll probably put on more before I leave but before I do my eyes I'm gonna put some lip stain on my lips. This is a new lip marker stain thing I got off Amazon. I'm gonna link everything for you guys. So this is like the perfect pink stain and I am gonna use the Benefit stain over this but they're different colors. So I love mixing colors and when I'm outside all day and in the sun all day lip stains. I'm gonna let that sit before I finish my lips. Okay I'm gonna do my waterline which is the hardest part. Okay so the reason I do my waterline is because it allows you to wear less eyeliner and have more of like a cat eye look without adding so much eyeliner so I'm just gonna like messy put a little bit of product on that side and I actually do my eyes at the same time like they end up looking more symmetrical that way. Okay that is the first step and then you're just gonna take an angled brush then I'm just gonna bring that out do the same thing on the other side. While I like doing this step at the same time a lot of people would like complete one eye the move to the next because I feel like I can kind of look straight on in the mirror and adjust this first step as I'm going. Okay next I actually go in with this Stila Stale Day Waterproof Liquid Eyeliner in Intense Smoky Quartz. I think putting the black down first and then going in with this adds like a really nice color.  Next I'm gonna curl my lashes and then for mascara I'm gonna be using the L'Oreal Telescopic. When did I lose a nail? At what point did this come flying off? Okay setting again I need to finish my hair but I don't have an adapter. Okay now for lip liner I'm gonna go in with Whirl by MAC if you don't have Whirl in your makeup kit you literally need it. It is so good it also mixes really well with a lot of different colors. I really just want to be creating a shadow and then I'm gonna go over with the lip stain again and then another lip stain but this it's a little different. I also feel like this acts like a gloss and is a bit thicker. Now last step is adding more blush. I'm gonna use this Dior Coral again and then Pat McGrath Labs sent me their new blush highlighter, Divine Blush legendary glow color balm in peach lotus. I'm gonna use a little bit of this over it. So pretty I love this brand of makeup. Okay guys here you have it. I'm gonna go get dressed now and I do need to finish my hair. I need to blow dry this part out smooth it out a little bit and then I need to get my product splunked in so I'm gonna do that and then I'm gonna get dressed. Okay wait before I get dressed I want to show you guys what I've been using recently on my hair. There's the color wow root cover up. My hair is pretty blonde right now I just got it highlighted but I feel like it just like really brightens up around your face just because I do some of my little baby hairs and just literally always makes it look like you've got fresh highlights. Okay so this is the first dress option. I really like it but I'm gonna turn on one more outfit. It's like a little more casual um yes and I'm wearing my new Chanel loafers which were a gift. I am obsessed with them and I put on some perfume and then run out.


Hey friends today, we are hanging out at Epcot and we have dining reservations at the Garden Grill restaurant This is a character dining experience with Mickey Mouse Chip and Dale and it's actually in a rotating restaurant So as you're eating dinner and hanging out with characters you're constantly moving around and I love that So I figured I come out we eat some food ride some rides and enjoy an evening at Epcot any hoos Let's go do this The last time that I ate at this restaurant. They were doing the social distance like character dining So you really couldn't meet the characters. They were kind of like a distance away, but now they're gonna be able to come right up To your table, I believe so I'm excited to see a change a little bit especially because I want to meet Chip and Dale a Lot of people are talking about the new Chip and Dale rescue rangers movie And I watched it and I kind of liked it But you guys let me know what you thought of the movie in the comments below and After watching it kind of inspired me to come out and meet Chip and Dale And I think this is the only character dining experience with them in it I know they're doing meet and greets at Magic Kingdom, but I figured hey, why not do like a character dining video? We have some time before it's our reservation at the Garden Grill So I figured maybe we'd ride some rides and just enjoy the park a little bit. It's a beautiful day out right now It's only 91 degrees out the humidity is not too high and I like it and I don't think I see any rain incoming So might have clear blue skies for the day. I Feel like the whole month of May has been pretty much very rainy and very humid So like to have a nice clear day today with low humidity. I feel great and I'm happy to be at Epcot Garden Grill is located in the land and one of the things I always like to do whenever I come and I'm going to be eating at Garden Grill is ride the land because they actually harvest some of the food from the Attraction so you get to eat some of the food from the attraction the land while you're dining at Garden Grill And I think we'll stay true to that and make it a tradition. I Have tons of Disney traditions whether it be riding the land before eating at Garden Grill We're starting in Mexico first or even always eating ears first on anything Mickey shaped I feel like it's important to have those because they make things feel like more magical They make things feel better So let me know if you guys have any really awesome Disney traditions and like I said We're gonna stay true to that one today and we're gonna go ride the land Another thing I want to point out about the land itself if you time things right and Say it's a very hot day or there's a thunderstorm happening. You come into the land You can keep yourself occupied in here for hours technically because you have three different attractions You have soren you have living with the land you have awesome planet and then also if you end up getting dinner at Garden Grill I mean this can keep you busy while you're indoors for quite a bit. I Am super excited to actually dine at Garden Grill, though It is a really awesome dining experience. We'll go over the details once we get over there Like the prices the menu and everything like that now It is all you care to enjoy and like I said before we're gonna go ride living with the land because They harvest some of the vegetables and I think even the salad from the attraction. So it's like I said a tradition It looks like it's only a 10 minute wait for the land. So that's also good news, too It's kind of funny that living with the land is a 10 minute wait because sometimes it's a complete walk on and then sometimes There just seems to be a lot of people waiting to ride the ride That's the restaurant we're gonna be eating at later You can actually see Mickey Mouse and Pluto meeting breasts up there So it's gonna be so cool to be able to look down at the ride and this little special house right here It is such a beautiful day out I love coming through here when it's nice sunny and bright Nutrition Who knows maybe we'll be eating some corn from Living with the land down when we get to Garden Grill I would assume the corn that's in the suck of tashes right there Maybe I mean you never know actually they have a lot of other stuff, too. They have fig They have canola extremely hot pepper Carolina Reapers right there They just said at this are 15 tons of produce in the restaurants here at the land 15 tons and look this is the first time I've ever seen anybody actually out here gardening Or maybe she's just guarding the cucumber plants Innovative ideas like this vertical growing system. Well, that was a lot of fun I always like riding living with the land and it was cool to see actually a little behind the scenes there because somebody was taking care of the cucumber plants and I would love to do the behind the seeds tour which They're not doing right now, but as soon as it comes back. I think I'm gonna book it. I Mean how cool would it be to actually go walk around inside the attraction or in the greenhouse and they actually show you everything they show you how they make like the Mickey shaped vegetables and fruits like isn't that so cool. I want to do this. So hopefully they bring it back soon Now it's time to head back upstairs and check in for a reservation at Garden Grill And here it is Garden Grill restaurant Chip and Dale's Harvest feast. Look. I like how they have Chip and Dale on top right here Very very fancy and then down here you can see a little bit more about the restaurants It's 36 dollars for guests three to nine and then 55 dollars for guests ten and over And it comes with the harvest inspired garden salad grilled beef chimichurri sliced turkey breasts seasonal vegetables Stuffing mashed potatoes macaroni and cheese and then the berry shortcake with whipped cream Which is my favorite thing like this is so good and it's all you care to enjoy And uh, yeah, we're gonna dive in see if we can check in a little bit early Like I said in the beginning of the video the restaurant itself is Rotating and it rotates like one whole rotation every hour and it's not that fast You don't feel like you're moving at all. I'll try to show you a little bit before we actually go in But uh, you know, we're just gonna be casually dining and rotating around and seeing different scenery And it's tough to put like a speed on it, but it's one full rotation per hour You can see right here in the corner that it's rotating and it rotates really really slow And this is where you like sit down and dine And i'm just trying to show you where the rotation starts you you kind of walk right on and it just goes like this And here is our table and look at that we have a hidden mickey as soon as we uh get to the table It's just me, but I think they don't have the uh two top tables open yet. So we got this whole big booth just to ourselves I love the fact that we had like a little hidden mickey there and i'm pretty sure mickey is showing up right now Hi pal, I just got here now. Oh, thank you. I'm ready to eat. I'm so excited Did you get to go to vegetables in the garden? Yeah. Oh, yeah, he's been working hard. That's the way Oh, thank you pal. I appreciate it. Oh, thank you You're awesome. Thank you so much, man All right, I'm pretty excited like as soon as we walk in mickey and then oh my lord look at this the fun just continues Thank you. Oh, can we do a photo? I'm laughing so much. It's non-stop. I've only been here for like 10 seconds and it's just so much fun But we are at our table. Like I said, we're starting to rotate and actually go through living with the land like I showed you before And uh pretty soon. It's time to uh order our drinks Like I said, it's $55. Everything is included though, uh including your drink Everything except for especially cocktails and beer So I think I'll get an auto calmer and then they're just gonna bring out the food as it comes We've already seen chip and mickey So we still got to see dale and fluto and we're gonna see them so many more times though Because it looks like they're just rolling right through and it's really awesome to have them come back up to the table And mickey's like going in for the hug and it's it's it's good. It's good to be back First things first we got the harvest inspired garden salad now some of this has come from the land They've got some cucumbers in there and tomatoes and then the lettuce And then also we've got a nice little bread service as well And they gave me this is all for me like I know they have different like sizes and stuff like that, but Wow, that's a lot and also kudos to The cast member sam because he brought me two Arnold palmers and that is awesome anytime you get two drinks at like a sit-down restaurant They know you're gonna drink it fast and I like how they put them in mason jars Like I said since I'm not sharing it with anybody. It's just me.  I almost said a spoonful a spoonful of salad And we're actually coming up on the mighty hooves of the buffalo scene so we're gonna have to eat this lettuce quick I love the fact that we're rotating around in attraction So watch look we're gonna come over here And here is the part of living with the land where they're in the mighty hooves of the buffalo And a fun fact did you know that this sun turns into a moon or right now the moon is turning into a sun? If you just look at it long enough either from here or while you're riding the ride You'll see it changes colors. So we'll just give it a second here Isn't that so cool A lot of people don't know it but I love it This vinaigrette dressing is actually pretty decent. I like it a lot I'm I I only like vinaigrette dressings or citrus dressings. I don't like cream based ones So I don't like ranch or like blue cheese or anything like that.  That's the way very excited. I've already seen chips So I was like, oh any second now Very cool. Oh, thanks for having me. I'm excited to try some food. Did you get up? Did you pick a lot from the harvest? Yeah Oh, okay. Yeah, that's you. Oh, you're bacon. You're Wow, very fancy. Well, can we do a photo? Yeah. All right, I'm on it Pluto just stared away chip Pluto's here I love it and I like the whiskers. Oh, yeah, look at them very springy Very very good. I love it. Are you excited? I'm gonna ask some food. I know. Isn't it beautiful out there? I know Gracie loves coming here, but I have a dog named Gracie.  I love it. Pluto, you're always the best. Thank you so much Thank you. Oh That was great. I know are you hungry? You want to sit down? You can you can join me? Oh, yeah, I feel yeah Well, thanks, Pluto I love actually dining here. It is so amazing. The characters are so friendly and the food just keeps on coming Now we we barely drove into the salad and now here comes the whole entire entree and look at how much food we get This is just much too good We've got the beef with the chimichurri, which is so good And then we've got a nice corn Lime of bean pea medley here some stuffing some turkey and gravy some creamy mashed potatoes green beans And then mac and cheese they add the mac and cheese in there too So there's a lot to take in and if you like her with a family, of course They have bigger and bigger skillets, but it's just me. So the perfect amount and we're gonna dive right on in First things first, let's dive into a little turkey and stuffing I like the gravy too. Look. It's like the perfect little size too.  Look at that I love some mashed potatoes some scoopsie potatoes We're also coming up on the house from living with the land and it's so cool because you get a special Perspective from up here. You get to see inside the house. So I definitely want to show you that but first mashed potatoes Honestly, this is a really really good meal and it's a little bit unique because of Everything that they offer and I love this little chimichurro sauce on here. I definitely like to come here I brought my mom and sister here and they liked it here a lot as well The steak is cooked perfectly to how I like it But if you do want to cook a little bit more, I know they can't cook it for you But this right here is one of my favorite things on the menu. It is so good And all these fresh vegetables from living with the land is so amazing. Look at that Perfect a nice little bite with a little bit of everything on there The harvest from living with the land is a very sought after item people jump out of boats just to get it So uh, it's cool that you get to come here and just try it on your own Oh, but look we're coming up on the house for living with the land like I said You can actually see the ride going by right here. I'll get up and show you guys for a second Look at this. Isn't it so cool? You can see the chickens there and once we get over here You can actually see inside the house and I'm so excited to show you here comes one of the boats right now This is so awesome to me. I get so excited about it. Just a couple minutes ago. That was us We were actually riding this and I was looking back up now. We can see people and wave at them Hi There it is my future home if I could live anywhere in disney, I think I would want to live right here How cool would that be and it has a bed and everything you can actually look right inside the window here Yeah, isn't that so cool. I'm gonna try to zoom in in a second so I can show you guys a little bit better, but that is amazing I think I'm just gonna call it quits on dinner now and jump straight to dessert because that is my favorite thing I mean, I love the steak with the chimichurri Like that's probably my favorite thing out of the whole entire entree, but I love the berry shortcake for dessert That is so amazing. I think it was my mom and sister's favorite thing too when we ate here last time And here it is look at that Doesn't that look so amazing? I love this.  Look at that. Mickey chippendale pluto everybody the gang's all here But we're gonna drive right on in and you can always ask for extra compo if you want me I think I'm okay. Look at that This is so good all the berries berries and cream berries and cream berries and cream berries and cream Here comes pluto again. Yeah, I made it to dessert Yep, that good stuff. I know it's much too good. I see you. I see you sign this for me. Thank you Thanks a lot pal. Yeah, it's very good Very nice pluto and I like how you made a little uh Mickey kind of with like or is that a paw that's your paw? Oh, I thought it was a mickey for a second But now it makes total sense. I love it. You put a little pluto as your paw I love it. That is so clever. Well, thank you pluto I could eat so much. I love this It is that good like when I tell you something is good. I'm telling you this is that good And to finish up after having some delicious Shortcake berries and cream. I got myself a cup of coffee and this is included in your price Anytime the soft drinks are included in the price.  You know what I mean? It just adds to the value you like you want to get the most out of what you're paying for and you can get other Soft drinks too.  I always have coffee after dinner. So cheers Oh, that's hot There he is back around again. Hiya pal Very good. I I kind of got a shirt that matches yours a little bit Yeah, like it doesn't it look it looks the same kind of I was going for that. I dressed to impress you Oh, very cool. Thank you. Thanks for the great food Now I am full. I enjoyed my coffee and I just sat there and kind of enjoyed the ambience for a little bit It was great to see chip and dale. I love garden girl. I think it's a really cool dining experience. It's 55 dollars That's the price for most character dinings and you do use your annual past discount and probably dbc And I just love it Like I said, it's a little bit different because you get to see chip and dale They have different food items and plus a little bit of a history with the attraction and being able to eat The the food from there and plus it rotates So like I see it like a little bit better than a lot of the other character dining You know, I mean, it's still pretty amazing. I would rank it up there with like chef mickeys You know, I mean like character dining has been kind of rough right now Especially with all the phase reopenings. You know, I mean, it's definitely better than hollywood and vine I could tell you that hollywood and vine probably at my the bottom of my list, but garden girls I think I like it Since we're done with dinner I figured we'd just come back out and enjoy epcot for a little bit longer Like I said, it's a beautiful day and we don't want to waste it by going home and doing nothing Enjoy the day. Seize the day. Carpe diem Maybe we'll head over to test track and check out the single rider line You can always go for a ride on test track. I love it. And also I wanted to check out the new Guest services building. They actually opened it back up. It was closed just for a couple of weeks But I kind of want to see what it looks like on the inside there But before we do that, can we just stop and appreciate these cute little baby ducks? Oh my lord, they are precious I'm not going to give them any food, but I think they think I'm going to give them food. Look at that I love ducks. Oh, here comes a couple more Oh, that is too good I cannot wait until all the walls are down here at Epcot So we don't have to walk around everywhere. We can just cut through soon. Hopefully I'm actually forgetting what it's like to actually go and cut through our Future world well not future world world discovery because you used to be able to just come out here And then walk straight through. So if we wanted to go to guest services, we could just walk straight through Now we have to walk either this way or behind us and go like around I totally forget sometimes that it's not called future world anymore It's split up between world discovery world nature and world celebration Oh, and then of course world showcase And it's so hard to not say future world and it takes a lot for me to remember those names too because For the longest time, I think I couldn't remember them at all. But now I'm getting used to it Let's take a look at some of the wait times world celebration has spaceship birth temporarily closed and then journey into imagination is only a five-minute wait Test track over in world discoveries 45 minutes mission space 10 minutes frozen ever after 70 minutes Soaring is only 30 minutes. It's actually relatively like slow day today And here is the new guest relations building they moved it to the front of the park temporarily so they can redesign it in there I mean, it's in the same location. But they just did uh, like a little upkeep on the inside Added a little more of the new epcot look to it and it looks amazing. I've seen pictures already and I like it It just looks kind of simple and I like that got the nice epcot logo I wonder what's up there. Is that like a vip lounge? Because I know that they had like the vip spot that was over here I used to say vip on here, but maybe it's up there now I mean that'd be pretty cool to just stand up there and kind of stare out and I like it I mean, it kind of is just what it is. It's not like shocking news But I mean, I do like it. I like the simplicity of it just epcot and the logo and the update it looked to It's just kind of clean Let's make our way over to test track Like I said, if the wait time or the standby wait time was that low Then the single rider line's got to be just a walk on at this point The last time I rode test track the standby Was a 60 minute wait and I literally walked all the way up the single rider line Did not stop and just went right to a car. So fingers crossed it might happen today too But we have to stop and appreciate the monorail here Seriously, every time I see a monorail go by at the right time I always rush to pull out my camera or my cell phone and sometimes I miss it, but I got it today It says 55 minutes so we're gonna try the single rider line This is the lightning lane right here Okay All right, I like this Very good. Very good Well, at least we know it was faster than the lightning lane.  We're gonna walk right on again now. Yeah, there's not anybody in line. I don't think Nice Thanks Oh I love this so much Hey, how long did you wait for test track? Oh, I don't know maybe two minutes Seriously a two-minute wait. That's exactly how long it took and that's just from standing here waiting to get in the car Buckle up and don't bang your elbows on these little uh rails right here Like it would hurt if I smack my elbow out there. You really got to keep them in tights Best remove them On star SIM card performing state at a climb Oh Whoa Very good I Love that I love the fact that I just got to walk over here and just ride test track without waiting That is so amazing and I cannot wait until Guardians of the Galaxy opens up to everybody like I said I wrote it the other day I really do love that ride and Speaking of like rides and Epcot it is gonna like a relieve so much long lines here Like think about it We are gonna have Guardians of the Galaxy test tracks or in frozen Remy's ratatouille adventure all in one part Those are some e-ticket attractions. That's five of them five e-ticket attractions in Epcot and not even to mention mission space Journey into imaginary nation the three caviaros like that's Really mind-blowing right now. Oh And then take a look at this you found me. What did I find here? Keep me or leave me for someone else to find please post this Facebook's Universally crafted Walt Disney World page the Nolan family That is so awesome. I love it. It's oh, it's a ray of figure from McDonald's So cool, you know what I want to leave it for somebody else though I'm gonna keep it up here though So it's a little bit in ice because I found it down there, but I'm gonna leave it for somebody else But that is so awesome. I love it Isn't it so cool when you come across little things like that I found like wands and like Universal Studios rocks. It's really nice. I actually want to go do stuff Just leave things around for people. I used to leave fast passes like paper fast passes I used to actually leave them around for people to pick up Maybe I'll do that again Maybe come up with something because I think it's so fun it adds to the experience of coming to Walt Disney World making magic whether you're a cast member or Just a guest is always just fun and receiving it is also just as fun And that's goes through the same thing as if it's a cast member or if it's just a guest It's just it's it really makes like Disney memories. I Came up on the splash pad here.  So why not?  I really did love rescue rangers I loved all the different references and Easter eggs. I thought it was really fun And it was like who framed Roger Rabbit I don't want to spoil anything, but if you haven't seen it check it out You know, especially if you like Chip and Dale and rescue rangers or if you like who framed Roger Rabbit and Yeah, so I hope you enjoyed the video. I enjoyed making it. We'll see you next time.  I always think man That would be a great thing to crack your back on so I think I'm gonna try to do it Hopefully nobody comes over and sees me doing it so I don't look like embarrassing, but yeah I want to crack my back on that You


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I spoke to you last year and you said you kind of felt a bit homesick at times, stuff like that. Is that something that still lurks around or you feel like you've dealt with that now? Um, you never sort of get over it, man.  You know, mine's yelling at a TV screen at 3 a.m. in the morning, far, far away. So, you know, all them little things, it's quite difficult for us boys. But, you know, if we have a bad meeting, we have to go stay in a hotel, fly, get up early, fly, drive home. And it's not even our proper home where these boys can just go home to their actual own bed with their families right there. Yeah, that's tough. I think a lot of people probably don't really appreciate that. Winning the Aussie title went down to the last, I think, everybody who thought doily had it in the bag and you snatched it. You must have took a lot of confidence from that coming into this season as well. Yeah, I did. You know, that was one that I really wanted for a long time. You know, my brother's got five and I'm still chasing. I'm still chasing, I'm always chasing him. But yeah, I finally got that one and it was a big weight lift off my shoulders. You know, everyone thought doily had won it, but you know, I was the true champion at the end. I got it done when it mattered. So, yeah, that was awesome. And yeah, you know, just really trained hard over the off-season and come back and, you know, everything was ready and everything's just working. And you do come from a real speedway family, say your brother Chris Road, other brother's Road. Has that kind of been a bit of a motivator for you? Or are you just sort of tongue-in-cheek, just laugh about your brother having five? Has that kind of spur you on? He's got that world title? He does, he does. Yeah, for sure. It's always good to, you know, your whole family's involved in the speedway.  And you know, there's a couple of little juniors that are coming for you to ride one of these bikes at Muller. So that's cool that, you know, dad's putting in the effort back home and Chris is still racing and Jimbo, he's back home and watching, yelling at me. But yeah, it's always good to, you know, get one up on them when I can. Let's see if we can get one up. Talking to one up. There's that top step on the podium. You've had a bronze, you've had a silver. What's more important for you, winning that first Grand Prix or being consistent throughout the whole season? Consistent. I, you know, I really should have won Warsaw, but, you know, I had the chance to do it in the rerun and it didn't go down that way.