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Daily News Analysis 23-01-2015

S.NO.

NEWS ITEM

SYLLUBUS

ESSENCE OF THE ARTICLE

1.

US investors watching reforms in India: Farrell (Page 10)

a)     I.R

a)     Economic reforms in India to strengthen India – US bilateral trade.            

2.

Going beyond bonhomie (Page 8)

a)     I.R

a)     Obamas visit has expectations like nuclear deal, defence agreement and climate talks, etc.

3.

An India exception for climate talks (Page 9)

a)     I.R

a)      India and US should follow a win-win agreement on climate in the coming Paris climate talks 2015.

4.

Not clear if Pak has banned JuD (Pages 1 and 10)

a)     International

a)     Pakistan kept JuD and other organizations in watch list.

5.

US, Cuba seek to reopen embassies (Page 12)

a)     International

a)     Lifted restrictions on diplomats in Havana and Washington.

6.

Modi seeks end to killing of girl child (Page 11)

a)     National

b)     Social issue

a)     Beti Bachao Beti Padhao scheme to address gender imbalance and discrimination against the girl child.

7.

Panel for fewer TPDS beneficiaries (Page 11)

a)     National

a)      Recommendations for the National Food Security Act on TPDS beneficiaries.

8.

India poses for 6.5 percent growth: Jaitley (Page 10)

a)     Economy

a)     Indias Economic growth development.

9.

Centre to release new series of Consumer Price Index next month (Page 13)

a)     Economy

a)     New series of CPI for computing the Retail inflation rate with the base year 2012.

10.

Sutlej, Beas to form part of water highway (Page 7)

a)     National

b)     Geography

a)     Development of water highway project.

11.

S. Africa: record number of rhinos killed in 2014 (Page 7)

a)     Geography

a)      Poaching of Rhinos increased in South Africa by the demand of Rhinos horn.

 

 

S.NO.

NEWS ITEM

SYLLUBUS

BACKGROUND

IMPORTANT POINTS

1.

US investors watching reforms in India: Farrell (Page 10)

a)     I.R

a)     India – US ties

b)     Bilateral trade

 

a)     US-India Business Council president says that US investors are hoping to place their stakes on India but still have a watchful attitude on reforms.

b)     She also said that the ordinance route was a signal of commitment from the govt on economic reforms but not the solution.

c)     India and US bilateral trade is expected to touch $100 billion this year and the govts are now targeting $500 billion by 2020.

2.

Going beyond bonhomie (Page 8)

a)     I.R

a)     India – US relations

b)     Civil nuclear deal

c)     Bilateral Investment Treaty

d)     Defence Framework Agreement  

e)     Defence Technology and Trade Initiative

f)     Climate change issues

g)     FDI

h)     Intellectual Property Rights (IPRs)

a)     President Obamas coming visit has raised expectations by several records and greatly raised the stakes.

b)     Visits of Indian PMs to Washington have generally been low key and strictly limited to the business on hand.

c)     Modi broke this nature during his Sept 2014 visit to the US. 

d)     Modi went much beyond former PM Vajpayees reference to India and the US as being natural allies and substantially raised the bar when he said that India and the US are natural global partners including the durable and universal relevance of their shared values.

e)     He further added that the complementary strengths of India and the US could be used for inclusive and broad-based global development to transform lives across the world.

f)     Many of the issues that were discussed in Washington such as clean energy, the Bilateral Investment Treaty, climate change issues, WTO-related matters, FDI and IPRs.

g)     Renewal of the Defence Framework Agreement and the Defence Technology and Trade Initiative again will hardly amount to a development in relations that both sides seek.

h)     Old-timers will recall the excitement concerning US President Eisenhowers visit to India in 1959, only to be followed soon thereafter by a US move towards Pakistan, and a stream of military and other forms of aid to that country.

i)     Clintons visit to India during his second term did lead to a noticeable period in India-US relations but the visit itself did not produce a new light in terms of the relationship.

j)     Monmohan Singhs visit to the US in 2009 led to taking the final step, thus giving the way for India to trade in nuclear materials with countries across the globe. 

k)     The world has to take note of Chinas increasing assertiveness, not only in dealing with issues directly affecting its territorial claims but going well beyond the Nine-dash-lines that it had historically limited itself to.

l)     There are again signs of a growing reestablishment of relations between Russia and China, with oil diplomacy giving the way for reinforcement of military ties.

m)     A summit of this nature thus provides an opportunity for an all-enclosing look at geopolitics and geoeconomics across the region and beyond.

n)     The India-US nuclear deal is a prime example of what can be achieved when two leaders have full trust in each other.

o)     The coming two years are critical if India and the US are to achieve the full potential in terms of their relationship.

3.

An India exception for climate talks (Page 9)

a)     I.R

a)     India – US relations

b)     2015 Paris climate talks

c)     Carbon emissions

d)     Green Climate Fund (GCF)

e)     Common but differentiated responsibility (CDR)

a)     As India and the US build closer ties, they should follow a win-win agreement on climate. 

b)     It is in the USs strategic interest that India grows into a regional power, which can only be accomplished if India is given sufficient development space to grow its economy and eliminate poverty.

c)     It is in Indias interest to diversify its energy portfolio - a prospect that can be strengthened with the USs assistance.

d)     The way to achieve these objectives is to build an India exception at the global climate talks in Paris.

e)     India faces a predicament which previous countries that used energy to grow their economies did not face.

f)     As it owns unprotected coastlines and is dependent on the monsoon and glacial melt, India is as capable as any other country to the consequences of collective action failure on climate.

g)     Indias overall size of both population and emissions makes it the most critical low-income country at the Paris climate talks.

h)     Though Indias emission intensity would be expected to rise in the coming decades, it has committed to reducing emission intensity by 20 to 25 percent by 2020.

i)     India is already the worlds largest biomass, third largest solar and fourth largest wind energy producer.

j)     India could act on climate change on its own by reprioritising spending away from its planned naval expansion or other defence expenditures but as Chinas defence budget increased, nations around the region are becoming more invested in a balance of power that includes India.

k)     It is extremely in the USs interest that there be a strong India - an India that is prosperous and contributing to a stable Asia and Indian Ocean.

l)     The US could distribution part of its international development budget towards Indias green modernisation, create a way for US cities that have successfully used clean building techniques to work with Indian cities and invest in Indian efforts on energy-efficient urbanisation.

m)     It can help ensure that the GCF and the World Bank support and crowd in private sector and other investments towards this end.

n)     Certain pathways could be followed that would allow a US-India partnership to contribute to the global effort.

o)     These could include: continuing and supporting Indias voluntary emission intensity reduction goals; focussing the spending of the GCF;  following CDR within India; initiating a universal agreement on corporate emissions mitigation; and a decadal review of Indias development status, as no exception should outlive its rationale.

p)     If India chooses to grow through the traditional carbon-intensive pathway, there will be no credible prospect for global carbon reduction and India will soon add another EU to the worlds carbon emissions budget.

q)     India has walked away from global deals like the WTO, when they are regarded to be counter to its core interests.

r)     If the US partners with India for more efficient industrialisation and supports an India exception in global climate talks using bilateral ties and the Major Economies Forum on Energy and Climate to help build a clean energy ladder for India, it could be the kind of investment that connects ties between these two countries.

4.

Not clear if Pak has banned JuD (Pages 1 and 10)

a)     International

a)     Terrorism

b)     UN counter-terrorism policies

c)     Jamaat-ud-Dawa (JuD)

d)     Al-Qaeda

a)    Pakistan claims that it has followed the UNs ban of JuD and that the accounts of all UN-banned groups have been frozen but has not confirmed if the govt has issued a new ban on Hafiz Saeed and the JuD.

b)     Pak official said that JuD and some other organisations are listed by the UN and we are required to hold their assets and enforce travel checks.

c)     Both JuD and Hafiz Saeed were banned by the UN as an Al-Qaeda connected group in 2008.

d)     In 2008 and 2010, Pakistan had banned the JuD but no restrictions seem evident on the movements of group or its chief.

5.

US, Cuba seek to reopen embassies (Page 12)

a)     International

a)     US – Cuba relations

b)    Cold War

c)     Vienna Convention on diplomatic relations

a)     The Cold War-period rivals sat down for negotiations aimed at lifting restrictions on diplomats in Havana and Washington, and give way to return ambassadors, decades after relations broke in 1961.

b)     US President Obama and Cuban leader Raul Castro surprised the world in December when they simultaneously announced plans to normalise relations.

c)     Sources said both sides agreed that re-establishing ties must be based on the Vienna Convention on diplomatic relations.

6.

Modi seeks end to killing of girl child (Page 11)

a)     National

b)     Social issue

a)     Beti Bachao Beti Padhao (save daughters, educate daughters) scheme

b)     Sukanya Samruddhi account scheme

a)     PM Modi has launched the Beti Bachao Beti Padhao scheme, which seeks to address gender imbalance and discrimination against the girl child.

b)     He launched the Sukanya Samruddhi account scheme, under which accounts could be opened for girls from the time of their birth till their attaining the age of 10.

7.

Panel for fewer TPDS beneficiaries (Page 11)

a)     National

a)     National Food Security Act

b)     Targeted Public Distribution System (TPDS)

c)     Minimum support price

a)    A high-level committee has recommended that the govt re-visit the UPAs National Food Security Act as well as the regime for MSP to farmers for the foodgrain procured from them for the TPDS.

b)     The panel has suggested cuts in the number of TPDS beneficiaries, outsourcing of foodgrain storage, an open-ended procurement system and entry of private players into bulk handling of food grains.

c)     It has also suggested that TPDS beneficiaries be reduced to 40 percent from the current 67 percent and the rationed grains be priced at 50 percent of the MSP paid to farmers.

d)     Each beneficiary should be given 7 kg of grain instead of 5 kg under the Act and cash transfers be introduced in a phased manner.

8.

India poses for 6.5 percent growth: Jaitley (Page 10)

a)    Economy

a)     Indias economic growth

b)     GDP

a)     Finance Minister said that the economy is set to record a 6.5 percent growth next year and then take off to reach 8-9 percent in the years to come on huge public support for reforms initiated by the government.

b)     Indias economic growth fell to below 5 percent during 2012-13 and 2013-14.

c)     During the current financial year, the countrys economy is expected to recover and register a growth rate of 5.5 percent.

9.

Centre to release new series of Consumer Price Index next month (Page 13)

a)     Economy

a)     Consumer Price Index (CPI)

b)     Retail inflation

a)     For presenting a more accurate and realistic price situation, the govt will release next month a new series of CPI with 2012 as base year for computing the retail inflation rate.

b)      From Jan 2016 onwards, inflation rates would be compiled using the actual CPI of the revised series.

c)     Now the CSO is in the process of revising the Base Year from 2010=100 to 2012=100.

10.

Sutlej, Beas to form part of water highway (Page 7)

a)     National

b)     Geography

a)     Water highways

b)     Sutlej

c)     Beas

a)     The Ministry said that the Sutlej and the Beas in Punjab have been included in a project to develop 99 rivers nationwide as water highways.

11.

S. Africa: record number of rhinos killed in 2014 (Page 7)

a)     Geography

a)     Rhinos

b)     Kruger national park

a)      The number of rhinos killed in South Africa last year increased by poaching, driven by Asian demand for rhino horn.

b)      The number of rhinos killed by poachers (maximum were in the countrys famous Kruger national park in 2014) has risen rapidly in the last decade.

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