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Daily News Analysis 21-02-2016

S.NO.

NEWS ITEM

SYLLUBUS

ESSENCE OF THE ARTICLE

1.         

            

India, Nepal sign seven accords (Page 13)

a)     I.R

a)      India and Nepal signed seven agreements on Feb 20 at a summit meeting of PM Modi and his Nepal counterpart K.P. Sharma Oli, even as leaders of the Madhesi people in Nepal threatened one more blockade.

2.

India may allow Pak probe team into Pathankot airbase (Page 12)

a)     I.R

a)     Days after Defence Minister Parrikar opposed the idea of allowing Pakistani investigators into the airbase in Pathankot to join the investigation into the terror strike of January 2, the Union government has decided to allow a special investigation team from Pak to do so in March.

3.

US Defence Secretary Ashton Carter to visit India in April (Page 14)

a)     I.R

a)     US Defence Secretary Ashton Carter will be visiting India in April and focused efforts are underway to make progress in concluding the three outstanding defence agreements between the two countries.

4.

Cameron calls for EU referendum (Pages 1 and 14)

a)     International

a)     British Prime Minister David Cameron called a June 23 referendum on membership of the European Union on Feb 20 as he sought to rally his divided Conservative Party behind a deal which he said would guarantee Britains prosperity and security.

5.

G20 must focus on policy spillovers, says Lagarde (Page 15)

a)     Economy

a)     IMF Managing Director Christine Lagarde said that G20 finance ministers and central bank governors should focus on global economic spillovers from their policy decisions when they meet in Shanghai next week.

 

 

 

 

 

 

 

 

 

 

S.NO.

NEWS ITEM

SYLLUBUS

BACKGROUND

IMPORTANT POINTS

1.         

            

India, Nepal sign seven accords (Page 13)

a)     I.R

a)     India – Nepal relations

b)     Nepals economic blockade

c)     Nepals new Constitution

d)     Madhesis concerns

a)      India and Nepal signed seven agreements on Feb 20 at a summit meeting of PM Modi and his Nepal counterpart K.P. Sharma Oli, even as leaders of the Madhesi people in Nepal threatened one more blockade.

b)     Nepali sources told that differences persisted between India and Nepal over how to address the aspirations of the blockade-enforcing Madhesis, the unscrupulous elements in Olis speech.

c)     During the talks, the Indian side reportedly displayed a different understanding of the unscrupulous elements.

d)    Though both the sides tried to address the grievances of the pro-blockade agitators by agreeing to build a road network in the Madhes region, the leaders of the Madhesis are planning more agitation.

2.

India may allow Pak probe team into Pathankot airbase (Page 12)

a)     I.R

a)     India – Pakistan relations

b)     Terrorism

c)     Pathankot terror attack

d)     Jaish-e-Mohammed (JeM)

e)     Special Investigation Team (SIT)

a)   Days after Defence Minister Parrikar opposed the idea of allowing Pakistani investigators into the airbase in Pathankot to join the investigation into the terror strike of Jan 2, the Union govt has decided to allow a special investigation team from Pakistan to do so in March.

b)     Though a formal announcement is still awaited, the decision reportedly followed after Pakistan lodged a case under an anti-terror law, against unnamed terror suspects in Gujranwala in its Punjab province.

c)     There is nothing unusual in the arrival of a SIT from Pakistan to probe the Pathankot terror case, but India expects that before that, Pakistan will investigate the terror suspects on its side and ensure that justice will be done in the case.

d)     Pakistan lodged a case against an unnamed group raising hope that the JeM (the terror group that India blames for the Pathankot attack) will finally be punished by Pakistan.

e)     India had blamed Jaish for the airbase attack, and handed over actionable intelligence to the Pakistani authorities.

3.

US Defence Secretary Ashton Carter to visit India in April (Page 14)

a)     I.R

a)     India – US relations

b)     Defence ties

c)     General Security of Military Information Agreement  

d)     Communications and Information Security Memorandum of Agreement

e)     Logistics Support Agreement

f)     Basic Exchange and Cooperation Agreement

g)     South China Sea dispute

 

a)     US Defence Secretary Ashton Carter will be visiting India in April and focused efforts are underway to make progress in concluding the three outstanding defence agreements between the two countries.

b)    Carters visit will take place within weeks after PM Modis planned visit to the US on March 31 and April 1 to attend the nuclear security summit. Carters visit also comes against the backdrop of continuing tensions in South China Sea.

c)     India and the US had in January last year announced a joint strategic vision for the Asia-Pacific and Indian Ocean Region even as the US continues to accuse China of militarising the region.

d)     The recent North Korean nuclear adventurism has prompted US allies such as South Korea and Japan to seek higher US presence in the region. US has repeatedly said in recent weeks that it would not hesitate to intervene to ensure the security of its Asian partners even as China has now accused the US of militarising the region.

e)     Termed foundational agreements, the Communications and Information Security Memorandum of Agreement, Logistics Support Agreement and Basic Exchange and Cooperation Agreement for geo-spatial intelligence have been pending for at least a decade now and will be the focus during Carters visit.

f)     The US has signed these agreements with most of its strategic partners. Dominant sections within the political and strategic community in India have argued that signing of these agreements will lock the country in an irreversible embrace with the US. India and the US have already signed one foundational agreement - the General Security of Military Information Agreement.

4.

Cameron calls for EU referendum (Pages 1 and 14)

a)     International

a)     EU referendum

b)     European Union

c)     British exit from the EU

a)    British PM David Cameron called a June 23 referendum on membership of European Union on Feb 20 as he sought to rally his divided Conservative Party behind a deal which he said would guarantee Britains prosperity and security.

b)    The agreement granted Britain an explicit exemption from the founding goal of an ever closer union, offered concessions on welfare rights of migrant workers and safeguards for the City of London.

c)     A British exit from the EU would rock the Union (already shaken by differences over migration and the future of the euro zone) by ripping away its second-largest economy, one of its top 2 military powers and by far its richest financial centre.

d)     PM David Cameron is due to make a statement to Parliament on Feb 22, triggering the start of the campaign for the referendum on EU membership he called after striking a deal with the Union.

5.

G20 must focus on policy spillovers, says Lagarde (Page 15)

a)     Economy

a)     Global economic situation

b)     G-20

c)     IMF

 

a)     IMF Managing Director Christine Lagarde said that G20 finance ministers and central bank governors should focus on global economic spillovers from their policy decisions when they meet in Shanghai next week.

b)   She said that at the moment, the asynchronicity of US, Japanese and European monetary policies needed to be reviewed and practices better coordinated. She also said that G20 ministers should examine the interactions of their countries fiscal policies and structural reform moves.

c)     By better coordinating these policies, the major economies can improve market confidence and limit spillovers on rest of IMFs 188 member countries. Currently, many oil- and commodity-exporting countries are experiencing financial difficulties as the Chinese economy slows.

d)     G20 finance ministers and central bank governors will meet in Shanghai on Feb 25 and 26 amid markets roiled by cheap oil and commodity prices. 

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