Current Affairs > Daily Current affairs

Back
Daily News Analysis 06-02-2016

S.NO.

NEWS ITEM

SYLLUBUS

ESSENCE OF THE ARTICLE

1.         

            

India ready to address Sri Lankas concerns on economy pact (Page 14)

a)     I.R

a)     India will hold a workshop later this month in Colombo on the proposed Economic and Technological Cooperation Agreement to address Sri Lankas concerns.

2.

Indian trucks cross freely into Nepal (Page 14)

a)     I.R

a)     Residents and traders in southern Nepal on Feb 5 dismantled tents and roadblocks set up by protesters at a key border crossing, allowing trucks to cross freely from India for the first time in four months.

3.

US to address Indias concerns (Page 13)

a)     I.R

a)     Sources said that US President Obama has assured PM Modi that his administration would soon look into Indias concerns over recent move to increase visa fees.

4.

Indias ratification of CSC Nuclear suppliers let off hook: Left (Page 12)

a)     International

a)     The old debate over whether foreign nuclear suppliers will evade liability in case of a nuclear accident has been reopened by the Union govts decision to ratify the Convention on Supplier Compensation at the International Atomic Energy Agency in Vienna on Feb 4.

5.

Juvenile board to decide if suspect in two murders should be tried as adult (Pages 1,12)

a)     National

b)     Polity

a)     A decision will soon be taken by the Juvenile Justice Board on whether a 17-year-old boy, who is accused of committing two murders in Delhi in five months, will be tried as a juvenile or as an adult.

6.

SC revisits anti-defection law (Page 12)

a)     National

b)     Polity

a)     The Supreme Court on Feb 5 started hearing arguments on the anti-defection law, which disqualifies MPs for crossing the floor.

7.

A jobs scheme that steadied India (Page 10)

a)     National

b)     Social issue

a)     It is now a decade since the Mahatma Gandhi National Rural Employment Guarantee Scheme was launched, and it can be said with reasonable assurance that the programme has been largely successful in living up to what it set out to do: provide employment to Indias rural poor and improve their livelihoods.

8.

No nod for GM mustard now (Page 12)

a)     National

b)     S&T

a)     Amid growing outrage by farmer groups and green activists against commercialisation of the countrys first GM food crop (mustard), the GEAC decided to put on hold any decision on it for now.

9.

Low oil, commodity prices helped spur growth pace: FM (Page 15)

a)     Economy

a)     Finance Minister Arun Jaitley said India remained one of the fastest-growing economies in the world despite the global economy remaining uncertain.

10.

Indian basmati rice all set to get GI tag (Page 9)

a)     National

b)     Geography

a)     Seven years after an application was made to get the Geographical Indication tag for Indian basmati rice grown in some States, the Intellectual Property Appellate Board cleared the decks for issuing the tag.

                                                                  

S.NO.

NEWS ITEM

SYLLUBUS

BACKGROUND

IMPORTANT POINTS

1.         

            

India ready to address Sri Lankas concerns on economy pact (Page 14)

a)     I.R

a)     India – Sri Lanka relations

b)     Economic and Technological Cooperation Agreement

 

a)     India will hold a workshop later this month in Colombo on the proposed Economic and Technological Cooperation Agreement to address Sri Lankas concerns.

b)     This was one of outcomes of the ninth session of the Joint Commission. Foreign Ministers of India and Sri Lanka (Sushma Swaraj and Mangala Samaraweera) were present.

c)     The initiative was in response to criticism from certain quarters that the proposed agreement would take away jobs of Sri Lankan professionals.

d)     In early December, PM Ranil Wickremesinghe informed Sri Lankan Parliament of his govts reservations about allowing Indian professionals in Sri Lanka under any new agreement. Later that month, Commerce Secretaries of the governments of the two countries met in New Delhi and held preliminary discussions.

2.

Indian trucks cross freely into Nepal (Page 14)

a)     I.R

a)     India – Nepal relations

b)     India-Nepal economic blockade

c)     Nepals new Constitution

d)     Madhesis concerns

a)     Residents and traders in southern Nepal on Feb 5 dismantled tents and roadblocks set up by protesters at a key border crossing, allowing trucks to cross freely from India for the first time in four months.

b)     More than 50 people have died in an agitation against Nepals first republican constitution led by minority Madhesis, who say the charter ignores their demands for a united homeland and greater say in the running of the Himalayan nation.

c)     A prolonged blockade mounted by southern lowlanders on the Friendship Bridge linking the Nepali town of Birgunj with Raxaul in Bihar had caused acute fuel shortages and spurred smuggling along the porous border.

d)     Nepals rights watchdog appealed to all sides to maintain restraint and avoid any violent clash over the ongoing protest by Madhesis over the new Constitution.

3.

US to address Indias concerns (Page 13)

a)     I.R

a)     India – US relations

b)     H1B, L1B Visa fees issue

c)     Consolidated Appropriations Act 2016

 

a)     Sources said that US President Obama has assured PM Modi that his administration would soon look into Indias concerns over recent move to increase visa fees.

b)     The Consolidated Appropriations Act 2016 (among other things) increased the fees for certain H1B and L1 applicants.

c)     Both leaders discussed issues, including the bilateral ones like the visa fee increase, and the President assured that his govt would soon see what best can be done under the circumstances to limit the impact on Indian tech industry.

d)     Obama and Modi decided last year to take initiatives (including efforts to resolve bilateral trade and investment issues) to increase the India-US trade from the current $100 billion to $500 billion.

e)     Issues related to tightening of the visa and immigration regime and the fear-mongering about American jobs going to foreigners have been part of the political rhetoric before presidential elections (including the coming one) in the US.

4.

Indias ratification of CSC Nuclear suppliers let off hook: Left (Page 12)

a)     International

a)     Convention on Supplier Compensation (CSC)

b)     International Atomic Energy Agency (IAEA)

c)     Indias Civil Liability for Nuclear Damage Act (CLNDA) 2010

a)  The old debate over whether foreign nuclear suppliers will evade liability in case of a nuclear accident has been reopened by the Union govts decision to ratify Convention on Supplier Compensation at the IAEA in Vienna on Feb 4.

b)     The External Affairs Ministry called the move a conclusive step in addressing of issues related to civil nuclear liability in India, adding that its explanations handed over to the US govt as well as the launch of a Rs. 1500-crore insurance pool that could be used by suppliers in the event of any incident would take care of all their concerns.

c)     The move has been among steps that the US government and private nuclear suppliers GE and Westinghouse have been demanding before they conclude any talks on setting up nuclear reactors in India after they raised concerns over two sections of the Indian law.

d)    Ministry officials insist that the decision to ratify the CSC does not violate the domestic CLNDA 2010, Clauses 17(1)(B) and 46. The govt of India has maintained from the beginning that the liability solution is within the four corners of our law.

5.

Juvenile board to decide if suspect in two murders should be tried as adult (Pages 1 and 12)

a)     National

b)     Polity

a)     Juvenile Justice (Care and Protection of Children) Act 2015

b)     Article 14 of the Constitution

c)     UN Convention on the Rights of the Child

 

a)     A decision will soon be taken by the Juvenile Justice Board on whether a 17-year-old boy, who is accused of committing 2 murders in Delhi in five months, will be tried as a juvenile or as an adult.

b)     As per the Juvenile Justice Act 2015 (which came into effect in mid-Jan), the boy could be tried as an adult if the board assesses him mentally and physically capable of committing the heinous offences and as having the ability to understand their consequences.

c)   The Supreme Court directed the Ministry of Women and Child Development to prepare a manual exclusively for juvenile offenders in custody under the new juvenile law.

6.

SC revisits anti-defection law (Page 12)

a)     National

b)     Polity

a)     Anti-defection law

b)     Fundamental Rights

c)     Right to equality

a)     The Supreme Court on Feb 5 started hearing arguments on the anti-defection law, which disqualifies MPs for crossing the floor.

b)     As per the interpretation of the anti-defection law by the Supreme Court in 1996, a member elected, or nominated, by a political party continues to be under its control even after expulsion. They felt this impinged upon the fundamental rights of the expelled members, including their rights to equality.

7.

A jobs scheme that steadied India (Page 10)

a)     National

b)     Social issue

a)     Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)

a)    It is now a decade since the MGNREGS was launched, and it can be said with reasonable assurance that the programme has been largely successful in living up to what it set out to do: provide employment to Indias rural poor and improve their livelihoods.

b)     Sceptics of the spending programme (launched in 2006) had raised concerns that it would be yet another opportunity for middlemen to pocket funds. They had dismissed the argument that the design of MGNREGS as a demand-driven scheme would make it more targeted and less prone to leakage.

c)     The efficiency of implementation of the scheme varies across States, there is a degree of wastage of resources, there is an issue with delayed payments, works undertaken have not held up in some States, and there remains some information asymmetry leading to uneven implementation.

d)    Study after study has found that MGNREGS has served as a source of employment for the poor in distress situations such as drought, crop failures and lean rural employment days. It has helped raise rural wages steadily over time, and in places where it has been implemented well, built rural assets such as irrigation canals and roads have augmented local infrastructure.

e)     It is also evident now that over last 5 years there has been sluggishness in MGNREGSs implementation. There have been ups and downs in the Central outlay for the scheme, in terms of allocations as a percentage of overall budget spending and, most importantly, delays in releasing funds to States for wage payments.

f)     The implementation of the scheme has continued to be better in some States as opposed to even drought-hit States. It is clear that there needs to be a better political understanding of the need for and the efficacy of welfarism.

8.

No nod for GM mustard now (Page 12)

a)     National

b)     S&T

a)      genetically modified GM mustard

b)     Genetic Engineering Appraisal Committee (GEAC)

 

a)     Amid growing outrage by farmer groups and green activists against commercialisation of the countrys first GM food crop (mustard), the GEAC decided to put on hold any decision on it for now.

b)     The GEAC (the apex body to accord approval for large-scale use and commercial release of genetically modified organisms in India) discussed safety issues of GM mustards application, but refrained from taking a final decision.

9.

Low oil, commodity prices helped spur growth pace: FM (Page 15)

a)     Economy

a)     Indias economic growth

b)     GDP

c)     Fiscal deficit

d)     Seventh Pay Commission

e)     One Rank One Pension (OROP) Scheme

a)     Finance Minister Jaitley said India remained one of the fastest-growing economies in the world despite the global economy remaining uncertain.

b)     He said that all the major economic organisations (including IMF) have predicted low growth for the world economy in the coming year. These developments have implications on Indias economy as our exports are also affected. However, the silver lining is low international commodity and oil prices which, in turn, have helped in a better macroeconomic situation in the country.

c)    Regarding the fiscal deficit, Jaitley said that the govt was on track to meet the 3.9 percent of GDP target set for the financial year.

d)     He said that during 2016-17, the govt had to make provision for around Rs. 1.10 lakh crore to meet the liabilities on account of implementation of Seventh Pay Commission recommendations and OROP Scheme.

10.

Indian basmati rice all set to get GI tag (Page 9)

a)     National

b)     Geography

a)     Indian basmati rice

b)     Geographical Indication (GI) tag

c)     Intellectual Property Appellate Board (IPAB)

d)     Agricultural and Processed Food Products Export Development Authority (APEDA)

a)     Seven years after an application was made to get the GI tag for Indian basmati rice grown in some States, the Intellectual Property Appellate Board cleared the decks for issuing the tag.

b)    Trademark (IPAB) basmati rice cultivated in the Indo-Gangetic Plains on the foothills of the Himalayas (covering areas of the rice grown in Punjab, Haryana, Himachal Pradesh, Delhi, Uttarakhand, Western UP and twp districts of Jammu and Kathua) will now be issued the GI tag.

Branches

Ashok Nagar Branch
1-10-223/A, Sub-register office Line
Hyderabad
+91 9052 29 29 29, 9052 19 29 29

Madhapur Branch
Plot No.3, 2nd floor, Raghuma Towers
Hyderabad
+91 9052 492929

Delhi:
Old Rajendra Nagar

Send to mail

Request for call