UPSC IAS The Hindu Current Affairs 08 January 2018 highlights are:
- They allow for flexibility to continue political engagement and economic cooperation with their common adversary.
- They avoid entrapment of being dragged in to a partners dispute and potentially in to a conflict.
- At the same time, strategic partnership provides for regular political and military interactions for a collaborative approach to strategic policies.
India and Japan relations perfectly figure in to the above relationship.
- India will not get deep in to Japan disputes and the same is the case with Japan. A mutual cooperation exists on the wider issues where win win situation exists.
Important developments of India – Japan special strategic and global partnership are
- Japan is the only country India allowed to invest in infrastructure in North east.
- There is a joint infrastructure project development – Asia – Africa Growth corridor.
- Japan and India agreed to have annual summits and 2+ 2 format for defence and foreign ministers meeting.
- India is buying ShinMaywa Amphibious ships from Japan.
- Japan is investing in infrastructure development in Andaman and Nicobar Islands.
Nuclear deal in danger
Trump’s continuous tirade against Iran nuclear deal appears to be an end to Obama era pragmatism. Nuclear deal was successfully able to stop Iran form developing a nuclear weapon. Added to this, Iran never violated the deal. In these circumstances USA imposing sanctions against Iran, will set a dangerous precedent in international agreements. Iran nuclear deal being multilateral agreement, President shall end his rhetoric.
A big broom
Government effort to release names of shell companies, Name and shame its directors may not yield sufficient results to fight unaccounted money. In the process, there is a possibility of harassing genuine companies or directors.
The best way forward is to arrest systemic shortcomings.
Tax payer rights and obligations
Indian tax administration system shall move from an enforcement to a service based model. Intentions of reforms are good but they are reactive. DTAA, GAAR, transfer price mechanism, implementation of GST all have challenges.
improvement in taxpayers’ service, enhanced use of information and communication technology, exchange of information with other agencies, expansion of tax base, compliance management, etc. Need to be improved to make tax administration Service oriented.
Beyond social Media
In India Geographical indications (Registration and protection) act 1999 has provided for registration of Geographical indications. There is no effective monitoring mechanism for quality compliance of the same. Unlike this in the European regulation clearly provides for monitoring at multiple levels. India also shall have the same.
08 January 2018
Prelims Test Series Starts from 7th January 2018 (25 Tests – Fees: 2000/-)
Mains Test Series Starts from 3rd January 2018 (20 Tests – Fees: 4000/-)
Public Administration Optional Online Course Starts from 8th January 2018 (Fees:25000/-)
Arihant : Top gun for second strike
It is part of nuclear triad. It is superior to land based and air launched assets. INS Arihant is India’s only operational ship submersible ballistic nuclear asset (SSBN) is most dependable platform for a second strike. It is important given India’s no first use policy. After Arihant, second ballistic missile submarine Arighat is launched.
Willing to talk to kim, says Trump
US president Donald trump says that he is willing to talk to North Korean leader Kim Jong Un to resolve ongoing crisis.
Jaitley bats for electoral bond scheme
Finance minister states that electoral bonds can bring in necessary transparency in party funding. It also keeps donors identity secret to check any harassment by other political parties.
Yet another tectonic shift?
Rajni Kanth’s entry in to politics in can be another tectonically shift in Tamil Nadu. If we consider overthrow of congress in 1967, entry MGR and Jayalalitha in to politics as important defining moments of Tamil politics, it is another such moment.
Standing up for Human rights
India must hasten to bring in Anti torture law
India is a signatory to the convention against torture in 1997 and it still did not take any action to convert it in to a domestic legislation. Supreme Court of India also has clearly stated that Human dignity is an intrinsic value, constitutionally protected in itself. It is also an end objective of the Indian state.
Evidence of Fragility
Indian economy is showing following signs of fragility
Decrease in agricultural production
Slipping of fiscal discipline
Rise in crude prices
Sharp slowdown of Industrial production
Decrease in private final consumption expenditure
GST collections are underwhelming
Re examine the bill – Triple Talaq issue – already discussed. See for comprehensive notes.
The problem of land hoarding
Union and state governments in India hoard high surplus land unutilised. There is no proper account and detail of the land is maintained. Floor space index – a factor that determines land usage is poor in urban India for the reason that Government fails to use land effectively. so, as like in Britain, Government has to provide details of ownership, location, and intended use of all properties. Citizens can be invited to contest official land use and suggest alternatives.
A sum of contributions
A new approach of collaboration is growing in fight against climate change. Many of the provincial and state level initiatives are being taken up. Under2coalition, A MoU by sub national Governments is to reduce GHG emissions to net Zero by 2050.