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Daily News Analysis 30-12-2014








India summons Pak enoy (Page 10)

a)     I.R

a)     India – Pakistan disputes

b)     Terrorism

c)     Mumbai attacks 2008

d)     LeT

a)     Foreign Secretary summoned Pakistan High Commissioner and conveyed Indias strong concern at the lack of effective action by Pakistani prosecuting authorities to keep Mumbai attack mastermind Zaki-ur-Rehman Lakhvi in custody.

b)     She conveyed that India expected Pakistan to follow by its commitment that quick steps would be taken to bring all those responsible for the Mumbai terror attack to justice.

c)     India felt it was extremely disturbing that despite assurances over the past six years and the recent tragedies in Pakistan, there seemed to be no end in sight to Pakistan remaining a safe haven for well-known terror groups.


India being pulled into vortex of wars (Page 7)

a)     I.R

a)     India – Israel relations

b)     Palestinian issue

c)     World War I

d)     US combat mission in Afghanistan

a)     CPI(M) MP Sitaram Yechury said that India is being pulled into the vortex of local wars, set in motion by World War I.

b)     The World War I is being repeated in several places across the globe.

c)     India is being pulled into the vortex of these wars.

d)     India is the largest buyer of Israeli weapons.

e)     Thus, in a way India is financing Israels inhuman crimes on Palestine.

f)     He added that the Indian Govt should have at least suspended purchasing weapons from Israel, if not completely stopped buying them.

g)     Coming down heavily on capitalism, he said that World War I was the first illogic created by capitalism.

h)     He said the US requires to have control of economic resources to exercise its dominance, adding that Afghanistan falls into the centre of this problem caused by the need to control vast oil and natural gas reserves.


Indian firms start FACTA registration (Page 13)

a)     I.R

b)     Economy

a)     India – US relations

b)     Trade ties

c)     Foreign Accounts Tax Compliance Act (FATCA)

d)     Inter Governmental Agreement (IGA)


a)     While India is yet to sign a final pact with the US for the FATCA, so many Indian financial institutions and their overseas units are believed to have already registered with the US tax authorities under this new regime.

b)     A difficult situation has arisen because India and the US reached an agreement in substance on the terms of the IGA earlier this year and India is already treated as having an IGA in effect from April 11 2014.

c)     At that time, it was agreed that India would sign the IGA by Dec 31 2014, which was the earlier deadline for many other jurisdictions as well.

d)     However, the US has now agreed to extend this deadline. 


Kiev no longer non-aligned (Page 12)

a)     International

a)     Ukraine crisis

b)     Crimean Peninsula annexation

c)     NATO


a)     Ukraines President signed a bill dropping his nations non-aligned status but signalled that he will hold a referendum before seeking NATO membership.

b)     He promised to reform Ukraines economy and military forces to meet EU and NATO standards.

c)     He also said he will leave it up to Ukrainian citizens to decide in a popular vote whether to join NATO or not.

d)     While public support for joining the alliance has increased after Russias annexation of Ukraines Crimean Peninsula in March and a pro-Russia insurgency in eastern Ukraine, prospects for NATO membership in the near term appear dull.

e)     With its long-underfunded military suffering from the war with the separatists and the countrys economy in danger, Ukraine has much to overcome to achieve the stability that the alliance seeks in its members.

f)     He said he is planning to meet with leaders of Russia, Germany and France in Kazakhstans capital (Astana) on Jan 15 to discuss a peace settlement for eastern Ukraine. 


A year of man-made health crises (Page 9)

a)     International

b)     Health


a)     Global health crisis

b)     Gaza crisis

c)     Ebola

d)     Malaria

e)     Dengue

f)     Diabetes

g)     HIV

h)     Primary healthcare


a)     Over the past year, several significant public health crises have happened in India and globally. 

b)     On closer examination, it becomes apparent that many of these crises were man-made either because of continued neglect, a lack of focus on prevention and insufficient investment in health or a focus on addressing diseases but not their root causes, i.e., the social factors of health.

c)     Early in the year, the war in Gaza and the siege worsen a health crisis caused by continued international neglect of the people of Gaza.

d)     The real public health crisis was the lack of electricity, clean drinking water and safe homes.

e)     Ebola has been endemic to the West Africa region for almost two decades. 

f)     Yet, the ability of this region to address this disease or any other remains severely limited.

g)     In India, this year witnessed repetitive crises in malaria and dengue.

h)     Diabetes and heart disease continued to confuse us.

i)     Earlier this year, we had a shocking stock-out of HIV testing kits and later of HIV drugs that we produce and supply globally.

j)     Even as thousands were suffered shortage of drugs in the public health sector, the govt protected itself saying the situation was not too bad.

k)     Indias drug-resistant TB crisis too came out of the closet with over a 1,00,000 cases.

l)     The sterilisation incident revealed the patriarchal mindset of successive govts who focus on female surgical sterilisation as a cornerstone of family planning. 

m)     The quality of health services in urban and rural India(in both the public and private sectors) continued to be bad, as millions of patients travelled to access health services elsewhere. 

n)     Over 60 percent of all Indians continued to access healthcare in the private sector at very high costs and were often exploited with inappropriate tests and treatment.

o)     Indias outbreak of micro bacterial resistance also continued unabated as pharmacies sold antibiotics over the counter without sufficient control from the govt.

p)     The biggest blow came at the end of the year as news leaked that the new govt would cut health spending by around 20 percent.

q)     For a country whose spending on health is among the lowest in the world, this was a terrible way to wrap up the year.

r)     Govts in India and elsewhere that promise development, growth and human well-being must recognise that all this is not possible without investments in health and health systems.

s)     We need to invest in improving preventive and primary health care, sanitation, waste management and health education.

t)     The fundamentals of health remain critically important in disease control - sufficient nutrition, safe habitation, better air quality, sanitation, health-seeking behaviours, safety and reduced conflict.

u)     All of these are deeply linked, not just to health but social and economic policy. 


Develop the east like the west: Modi (Page 1)

a)     National

a)     Make in India

b)     Public Private Partnership (PPP) model

a)     PM Modi said that growth should be balanced across India and special efforts should be made to ensure that the east (which is rich in natural resources) is developed as the western part of the country.

b)     He called upon industry to rethink its manufacturing strategy. 

c)     He said his govt was adding a new paradigm to the PPP model by involving all stakeholders in key decision-making processes. 

d)     He said the PPP model was just about investments and projects but we have added a new dimension of decision-making to it today.


Making Make in India happen (Page 8)

a)     National

a)     Make in India campaign

b)     Demographic dividend

c)     Ease of doing business

d)     GST

e)     World Bank Index

f)     Industrial Policy

g)     National Manufacturing Competitiveness Council (NMCC)

a)     PMs Make in India campaign appears to be exactly an imaginative marketing campaign.

b)     India must become a manufacturing powerhouse in order to gainfully employ its demographic dividend.

c)     We have many natural advantages including a big labour pool and a large domestic market.

d)     With Chinas competitive advantage in manufacturing eroding, India has the opportunity to take some share of global manufacturing away from China.

e)     All we have to do to improve the ease of doing business in India are these - stop tax terrorism, improve infrastructure, reform labour laws, invest in skills development, make it easier to acquire land, implement GST and fast track approvals.

f)     A simple step of making it easier to do business will make a huge difference to Indias manufacturing competitiveness.

g)     India ranks 142 on the World Bank Index; China is ranked 90. 

h)     As RBI Governor correctly and controversially pointed out, much has changed in the world since China pushed itself into becoming the worlds factory two decades ago.

i)     The nature of manufacturing is changing.

k)     Low-cost automation and robotics are making pure labour cost arbitrage less important.

l)     Lead times and a flexibility of supply chains are far more important, leading many companies to move manufacturing back closer to the big markets (the US and Europe). 

m)     Energy is the new labour in the sense that the cost of energy will significantly drive where things are made. Here, the US with its huge new shale gas reserves has a big advantage. 

n)     To become a manufacturing powerhouse, India needs a manufacturing strategy, otherwise known as industrial policy.

o)     Japan, Korea, China, Germany have all prospered by having a clear industrial policy and forcefully implementing it.

p)     The US, the UK, France and Italy have seen themselves deindustrialise by not having a clear industrial policy and are trying hard to course-correct this mistake.

q)     Policy has always mattered and when it comes to manufacturing competitiveness, India must have a clear industrial policy that spells out priority sectors and how we will build competitive advantage in a way that is consistent with our obligations to the WTO.

r)     Despite all its shortcomings, India remains a very competitive manufacturing location for sophisticated things such as construction machinery, cars and automotive components and diesel engines.

s)     We must focus on building competitive advantage and global scale in sectors where we have a large domestic market and certain inherent capabilities. 

t)     Here, five priority industries come to mind.

u)     They are Defence, electronics hardware, construction, health care and agro-industries.

v)     To become a manufacturing nation, India has to quickly move beyond expression to create a clear strategy and favourable policy environment for manufacturing to take off.

w)     The govt has chosen to quietly dismantle the complex NMCC but it needs to encourage a more vibrant think tank in its place.


Jaitley blames RBI monetary policy for fall in manufacturing (Page 10)

a)     National

b)     Economy

a)     Make in India

b)     Monetary policy

a)      Rejecting RBI Governors criticism of Make in India, Union Finance Minister said that it was not relevant whether the programme was for consumers within or outside India.

b)      He said entry point has to be eased, initial barriers have to be lowered and removed. And after entry, an enabling environment has to be created to boost manufacturing.

c)      Rajan sought to express PMs Make in India mantra by suggesting that the govt would have to look for regional and domestic demand for growth to make in India primarily for India.

d)      Since the global economy was still weak, he argued that it would be much less likely to be able to absorb substantial additional imports from India in the foreseeable future, making ineffective an export-oriented strategy for growth.


Modi wants norms for Smart cities (Page 10)

a)     National

a)     Smart cities

b)     Good governance

c)     Urbanization

d)     Solid waste management

e)     Waste-water treatment

a)      PM Modi has asked the Urban Development Ministry to identify parameters like basic infrastructure, quality of life, and citizen-centric services that would be essential to developing 100 cities under the Smart Cities project.

b)      He said one of the aims of the initiative should be to improve the quality of urban governance, lending greater strength to the overall governance of the country.

c)      With 40 percent of the countrys population expected to live in urban areas by 2030, at least 80 percent of that area is yet to be built. 

d)      He told officials that cities should be identified as hubs of economic activity and there should be adequate focus on turning waste to wealth, which includes solid waste management and waste-water treatment.

e)     He also asked govt officials to visualise urban-dependent population in addition to urban population, while planning for these smart cities.

f)      The Urban Development Ministry has asked the States to ensure that the cities that are picked under the Smart Cities initiative meet the broad forms listed by it, including economically viable cities, meeting the requirements of e-governance and citizen services, urban mobility and energy efficiency. 


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