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Daily News Analysis 04-08-2014








Modi offers $1 billion package to Nepal (Pages 1 and 10)

a)     I.R

a)     Indo – Nepal relations

b)     Pancheswar Multipurpose Project

c)     Doordarshan

a)     He announced $1 billion line of credit for Nepals infrastructure development. Also promised to help Nepal in the field of hydropower, infrastructure, space technology and agriculture.

b)     He assured that the work on the Pancheshwar Multipurpose Project would begin in a year.

c)     In the presence of the two Prime Ministers, the officials signed three memoranda of understanding – Tourism development in Nepal, Goitre Control Programme in Nepal, and co-operation between the state-controlled television channels Doordarshan and Nepal Television (NTV). They also exchanged terms of reference on the Pancheshwar Development Authority.


India plays spoilsport at WTO (Pages 8 and 15)

a)     I.R

b)     Economy

a)     WTO

b)     Bali declaration

c)     TFA

a)     India is receiving a lot of criticism for its stance at the just-concluded meeting of the WTO General Council in Geneva.

b)     An agreement on trade facilitation (TFA), which is aimed at easing customs rules and simplifying procedures, was reached at the 9th Ministerial Round in Bali in December last year after the developed world agreed to find a permanent solution to the issue of stockpiling of food grains by the developing countries by 2017.

c)     India, which supports the TFA, has questioned the current limit of trade distorting subsidy which is 10 percent of the value of food grains output in a year with the base year for prices set at 1986-88. Its position is that the limit does not account for inflation and currency depreciation and the base year needs to be reset to a later period.

d)     This is a fair argument as it concerns the critical issue of food security for a country that is home to a quarter of the worlds hungry.

e)     The Bali ministerial declaration has three major issues – a Trade Facilitation Agreement (TFA); an agreement to find a permanent solution for food subsidies and stocking of foodgrains by 2017; and an action plan for the least developed countries.


Black economy now amounts to 75% of GDP (Pages 1 and 10)

a)     National

b)     Economy

a)     GDP

b)     Black money

c)     NIPFP

d)     Supreme Court

a)     Indias black economy could now be nearly three-quarters the size of its reported GDP mainly by the higher education sector, real estate deals and mining income.

b)     The UPA government commissioned the National Institute of Public Finance and Policy (NIPFP) to estimate the black money in India and held overseas by Indians.

c)     The Special Investigation Team on black money, constituted by the Modi govt in compliance with a Supreme Court directive, is studying the report.

d)     It includes a survey of 72 senior income tax officials on the sectors with high tendency to generate black. The respondents considered the capital gains on real estate as the most important source followed by large-scale manufacturing, film industry, smuggling and under/overbilling of foreign trade.


Bihar faces Kosi flood threat (Page 11)

a)     National

b)     Geography

a)     Kosi river

b)     Bhote Kosi

c)     Saptkosi

d)     Floods

e)     Sashastra Seema Bal

a)     With fears of severe flooding on the Kosi river banks from the possibility of sudden release of water from Bhote Kosi(a tributary of Kosi in Nepal), the Bihar government gave a high alert and ordered forcible shifting of people from nine districts in the danger zone.

b)     Bhote Kosi falls into Saptkosi which meets the Kosi in Bihar.

c)     The government has put on alert troops of Sashastra Seema Bal even as paramilitary forces have moved its critical equipment and material to interior areas from the border.


Making judiciary more transparent (Page 8)

a)     Judiciary

a)     Constitution Amendment Bill

b)     Judicial Appointments Commission Bill

c)     JAC

d)     Supreme Court

e)     High court

f)     Article 146

g)     Article 229

h)     Chief Justice of India

i)     Consolidated Fund of India

a)     The new government has started a process of consultation in relation to two Bills – the Constitution Amendment Bill and the Judicial Appointments Commission Bill.

b)     The bills were an attempt by the previous government to take over judicial appointments.

c)     First, the composition of the Judicial Appointments Commission (JAC) can be modified by Parliament by ordinary law. Second, the independence and impartiality of the proposed JAC will be undermined by the JAC Secretariat being made a department of government. Third, the expenses and salaries, etc of the JAC would not be charged to the Consolidated Fund of India and will be dependent on budgetary control by the Executive.

d)     The Supreme Court and High courts have their independent registries, where appointments are made by or at the direction of Chief Justices (Article 146 and Article 229 respectively), ensuring total freedom from political interference and political domination.



SC seeks latest data on States steps against female foeticide (Page 11)

a)     Social issue

a)     Female foeticide

b)     Census 2011

c)     Supreme Court

d)     Pre-Natal Diagnostic Techniques Act 1994

e)     Registration of Births and Deaths Act 1969

a)     The statement includes cases of States such as Jammu and Kashmir, which has seen the severe drop in child sex ratio in the past 20 years. In comparison, it recommended the Kerala online model of transparency in birth registration records.

b)     Kerala is the first State to have a centralized database of civil registration records.

c)    It also said that 19 percent births remain unregistered in India. That five million births in our country are still not registered is a violation of the Registration of Births and Deaths Act 1969.



Titanium dioxide plant a threat to water sources (page 5)

a)     National

b)     Environment

a)     Titanium dioxide

b)     Krishna river

c)     Human carcinogen

a)     Environmental experts fear a threat to drinking water sources in Vijayawada and several villages in Krishna and Guntur, West Godavari and Prakasam districts due to the proposed 700 crore titanium dioxide plant on the banks of Krishna river.

b)     They said titanium dioxide industry produced a large amount of liquid emissions that would finally get deposited in Krishna, affecting the drinking water sources of millions of people.

c)     Titanium dioxide was itself a suspected human carcinogen (Group 2B). For every tone of titanium dioxide produced, on an average 0.04kg of dust and 0.03kg oxides of Nitrogen were produced during raw material preparation.


Here a new addition to the dolphin family (Page 7)

a)     Geography

a)     Biodiversity

b)     Australian humpback dolphin

c)     Sahul shelf

a)     Scientists studying a taxonomically confused group of marine mammals have officially named a species new to science – the Australian humpback dolphin (Sousa sahulensis).

b)     The Australian humpback is a common group of coastal cetaceans ranging from the coast of West Africa to the northern coast of Australia.

c)     Currently recognised four humpback dolphin species – the Australian humpback, the Atlantic humpback dolphin, the Indo-Pacific humpback dolphin and the Indian Ocean humpback dolphin.

d)     The new dolphin scientific name is derived from the Sahul Shelf, an underwater shelf extending between northern Australia and southern New Guinea, where the Australian humpback dolphin is found.



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