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Daily News Analysis 23-08-2015

S.NO.

NEWS ITEM

SYLLUBUS

ESSENCE OF THE ARTICLE

1.         

 

As sparring worsens, NSA talks are off (Page 1 and 12)

a)     I.R

a)     The curtains came down on the dramatic spectacle around holding India-Pakistan talks, less than a day before Pakistans National Security Adviser Sartaj Aziz was due to land in New Delhi, with bitter accusations and acrimony marking the exchanges.

2.

India can press for Dawoods extradition (Page 12)

a)     I.R

a)     The dossier prepared by India to hand over to Pakistans National Security Adviser Sartaj Aziz reveals details about the presence of underworld gangster Dawood Ibrahim in Pakistan.

3.

WTO is not just a trade forum, says Commerce Minister (Pages 1 and 12)

a)     I.R

a)   Union Minister of State for Commerce and Industries Nirmala Sitharaman said the WTO could not just be a trade forum and it had to keep development in mind.

4.

Koreas hold talks to defuse tension (Page 14)

a)     International

a)     North and South Korea sat down to urgent top-level talks, seeking some way out of an escalating crisis that has pushed both their militaries to the brink of an armed conflict.

5.

Baghdadis senior deputy killed in air strike: US (Page 14)

a)     International

a)     The White House said the second-in-command of the Islamic State jihadist group has been killed in a US air strike in northern Iraq.

6.

Bengal tops the list in human trafficking (Page 13)

a)     National

b)     Social issue

a)     The highest number of cases of human trafficking in the country is from West Bengal, which alone accounts for 20 percent of all reported cases in India.

7.

Centre likely to waive retrospective tax on FIIs (Page 15)

a)     National

b)     Economy

a)     The Centre is likely to waive the controversial minimum alternate tax on capital gains made by Foreign Institutional Investors prior to April 1 2015.

 

 

 

 

 

 

 

S.NO.

NEWS ITEM

SYLLUBUS

BACKGROUND

IMPORTANT POINTS

1.         

 

As sparring worsens, NSA talks are off (Page 1 and 12)

a)     I.R

a)     India – Pakistan relations

b)     Border disputes

c)     NSA talks

d)     LoC

e)     Kashmir issue

f)     Hurriyat conference

g)     Shimla agreement

a)     The curtains came down on the dramatic spectacle around holding India-Pakistan talks, less than a day before Pakistans NSA Sartaj Aziz was due to land in New Delhi, with bitter accusations and acrimony marking the exchanges.

b)     Pakistan accused India of creating terror incidents and keeping the LoC hot, while India said Pakistan was using firing at the LoC and terror attacks to run away from talks.

c)     The deadlock over the talks remained the same. While India said Aziz could not meet Kashmiri separatist Hurriyat leaders during his visit, and would have to restrict the agenda to issues of terrorism, Pakistan said it would accept no conditions and would have an open agenda.

d)     External Affairs Minister Sushma said that Pakistans decision to invite the Hurriyat leadership for a meeting was against the Shimla agreement that stipulated only bilateral talks, and no third party.

e)     She said the plans of Pakistans NSA Sartaj Aziz to bring up the Kashmir issue was against spirit of Ufa. Finally, Sushma handed Pakistan a midnight deadline to give a clear assurance that Aziz would not bring up any other agenda other than terrorism at the meeting with NSA Ajit Doval, and would not press ahead with the Hurriyat meeting either.

f)     The NSA talks between India and Pakistan may have been pre-destined for failure given the Hurriyat hurdle.

2.

India can press for Dawoods extradition (Page 12)

a)     I.R

a)     India – Pakistan relations

b)     Indian Extradition Act 1962

 

a)     India had planned to press for underworld don Dawood Ibrahims extradition during talks between the National Security Advisers, and explain the technical aspects of the entire process to Pakistan.

b)  Under the Indian Extradition Act 1962, an extradition can take place from a country with which India has an extradition treaty or not. Sources said though India and Pakistan do not have a treaty, we can still press Pakistan to hand over Dawood to us.

3.

WTO is not just a trade forum, says Commerce Minister (Pages 1 and 12)

a)     I.R

a)     WTO

b)     Doha Round

a)   Union Minister of State for Commerce and Industries Nirmala Sitharaman said the WTO could not just be a trade forum and it had to keep development in mind.

b)     She said the WTO must use the interregnum between now and December (when its 10th ministerial conference will be held in Nairobi) to attend to trade issues and fulfil its development agenda.

c)     On yuan devaluation, she said India was identifying sectors that would be immediately affected. On halting discussions on a free trade pact with the EU, she said some 700 generic drugs tested in India were taken off the shelves of member-countries.

d)     She said the Doha Round of negotiations (launched in 2001) has been stalled for over seven years, because the advanced industrial countries and less developed countries have been unable to reach agreement on key issues, mainly related to agricultural subsidies.

4.

Koreas hold talks to defuse tension (Page 14)

a)     International

a)     North Korea – South Korea relations

a)     North and South Korea sat down to urgent top-level talks, seeking some way out of an escalating crisis that has pushed both their militaries to the brink of an armed conflict.

b)     The talks in the border truce village of Panmunjom began shortly after expiration of a North Korean deadline for Seoul to halt loudspeaker propaganda broadcasts across border or face military action.

c)     Despite scepticism that Pyongyang would follow through on its threat, the ultimatum raised border tensions to their highest level for years.

d)     Seoul has refused to turn off the loudspeaker broadcasts until Pyongyang apologises for mine blasts this month that injured two South Korean soldiers on border patrol. North Korea denies any responsibility for the blasts and has accused the South of fabricating evidence of its involvement.

5.

Baghdadis senior deputy killed in air strike: US (Page 14)

a)     International

a)     Islamic State (IS)

b)     Syria and Iraq crisis

a)     The White House said the second-in-command of the Islamic State jihadist group has been killed in a US air strike in northern Iraq.

b)     The National Security Council identified the slain militant as Fadhil Ahmad al-Hayali (also known as Haji Mutaz) and said he was IS leader Abu Bakr al-Baghdadis senior deputy.

c)    The White House described Hayali as a member of Islamic States ruling council, and a primary coordinator for moving large amounts of weapons, explosives, vehicles and people between Iraq and Syria.

d)     He supported ISIL operations in both countries and was in charge of ISIL operations in Iraq, where he was instrumental in planning operations over the past two years, including the ISIL offensive in Mosul in June 2014, using another name for Islamic State.

6.

Bengal tops the list in human trafficking (Page 13)

a)     National

b)     Social issue

a)     Human trafficking

b)     National Crime Records Bureau (NCRB)

c)     Section 370/ 370 A of Indian Penal Code

a)     The highest number of cases of human trafficking in the country is from West Bengal, which alone accounts for 20 percent of all reported cases in India.

b)     According to the latest data released by the NCRB, 5466 cases of human trafficking were recorded in the country in 2014 of which 1096 were from West Bengal.

c)     Tamil Nadu recorded the second highest number of 509 cases, less than half of what has been registered in West Bengal.

d)     Under the category of human trafficking, crimes under Section 370/ 370 A of Indian Penal Code include bringing girls from abroad and procuring, buying and selling girls for prostitution.

7.

Centre likely to waive retrospective tax on FIIs (Page 15)

a)     National

b)     Economy

a)      Minimum Alternate Tax (MAT)

b)     Foreign Institutional Investors, (FIIs)

 

a)     The Centre is likely to waive the controversial minimum alternate tax on capital gains made by Foreign Institutional Investors prior to April 1 2015.

b)     A top govt official told that the Centre was considering favourably a recommendation from the A.P. Shah Committee that there is no legal basis for levying 20 percent MAT on past capital gains.

c)     The Committee that submitted its report to Union Finance Minister Arun Jaitley on July 24 was appointed by the government to go into the question of levy of MAT on capital gains made by FIIs.

d)     FIIs have argued that MAT is applicable only to domestic companies that had their base in India. By virtue of not being established in India, they should be exempted. They have also alleged inconsistency and called for avoiding arbitrary application.

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