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AILY ANALYSIS OF THE HINDU 12H JANUARY, 2017 DAILY ANALYSIS OF THE HINDU AN 10 MINUTES Presented By
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PRACTICE QUESTION The Nobel Prize Series India 2017 has recently started in which state? A. Maharashtra . Assam C. Uttar Pradesh D. Gujarat Post your answers below! (without googling) Yesterday's answer- b African Nations Yesterday's answer b
NATIONAL NEWS Air pollution National Pollution .According to an analysis of 2015 data for 168 cities by Greenpeace India, 154 cities(over 90 % of city studied) were found to have an average PM level higher than national standard and no one came closer to the standard prescribed by the WHO. These are the following reasons why North India is more polluted than southern Indian cities Cooler weather, sinking air and stagnant air conditions in northern India does not allow PM to sweep away by the horizontal air circulation Big industrial clusters, intensive uses of fossil fuels Southern India has benefit of mixing of sea breezes. Northern India is mainly continental in nature. Population and population relative activities are another reason for rising PM in north India compared to southern Indian cities gPnnoth Inacompred to southem Indian cities Additional info- CPCB is the authority to measure the AQI. The Central Pollution Control Board (CPCB), statutory organisation, was constituted in September, 1974 under the Water (Prevention and Control of Pollution) Act, 1974. Further, CPCB was entrusted with the powers and functions under the Air (Prevention and Control of Polution) Act, 1981
NATIONAL NEWS .Principal Functions of the CPCB, as spelt out in the Water (Prevention and Control of Pollution) Act, 1974, and the Air (Prevention and Control of Pollution) Act, 1981, () to promote cleanliness of streams and wells in different areas of the States by prevention, control and abatement of water pollution, and (i) to improve the quality of air and to prevent, control or abate air pollution in the country Green tribunal orders test of cosmetics containing Micro beads Micro beads Tiny pieces of plastic in personal beauty products act as exfoliators (agents which remove dead cells by means of friction), that end up in the oceans and are swallowed by marine life of fiction), that end up in the oceans and are swallowed by marine life Responsible for Bioaccumulation in aquatic ecosystem Micro beads then end up sitting in the stomach of fish, just like any plastic, they attract and concentrate toxic chemicals including a class of pollutants called polybrominated diphenyl ethers (PBDEs), which are known to cause neurological problems, decreased immune function, and even fertility problems. PBDEs
NATIONAL NEWS . Talaq certificates issued by Chief Kazi has no legal sanctity- Madras HC . Certificated validating Talaq as per Islamic shariat has no legal sanctity; Madras HC passed an interim order. Certificated issued by chief Kazi is only an opinion and has no legal sanctity . In a filed PIL by Ms Sayeed, she claimed that Kazis are issuing certificated without following necessary procedures like reconciliation, and certificates issued in arbitrary manner is causing undue hardship to Muslim women .Women seek apex court's permission to abort Foetus with severe anomaly Women seek apex court's permission to abort Foetus with severe anomaly . Medical Termination of pregnancy Act allow abortions only up to 20 weeks . This case once again highlight he need of the implementation of MTP Bill > The Ministry of Health and Family Welfare released a draft of the MTP (Amendment) Bill 2014, which proposes changes that could initiate a shift in the focus of the Indian abortion discourse from healthcare providers to women. Such a shift would decrease the vulnerability of women within the clinical setting and free them from subjective interpretations of the law
NATIONAL NEWS Hope island becomes graveyard for Olive Ridley Turtles Carcasses of many turtles are washing ashore mechanised fishing boats affecting turtle's natural migration to island in their breeding seasonHope Island is a small tadpole shaped Island situated off the coast of Kakinada, India, in Bay of Bengal Olive ridley turtles are protected under Wildlife Protection Act 1972 in schedule 1, and categorised as Vulnerable under IUCN Red List, The Olive ridley turtles are the smallest and most abundant of all sea turtles found in the world, inhabiting warm waters of the Pacific, Atlantic and Indian oceans. Insight into the news- > The Dhamra Port project in Orissa has attracted considerable attention due to its proximity to vulnerable Olive Ridley turtle nesting grounds. The question is - can large infrastructure projects like this be environmentally sustainable? "Orissa is a poor state, but rich in natural resources. The port and other projects are required for its economic development. It also has rich biodiversity in, such as the Olive Ridley turtles, mangroves, and other flora and fauna". One major concern arises in the development process is how to achieve balance between environment protection as well as ensuring rapid development.
International Relations . Kenya for enhanced ties with India- . Supported India's campaign for UN reform and also bet for African representation in proposed expanded UN Security council. . Asked India to deepen cooperation agricultural sector and engage multilaterally ASKED India to engage more intensely at COMESA . Sealed an agreement with India on line of credit of 100 million for agriculture mechanisation . India Rwanda announced India Rwanda announced an strategic partnership Criticism- India has lost on many fronts after announcing strategic partnership with many countries. It has no maintained list of its strategic partnership. India has not well defined criteria to quality crnteria to qualify for strategie partnership with countries for strategic partnership with countries.
BUSINESS NEWS Tax break for political parties legal- Says SC Political parties registered with EC are 100% exempted from paying income tax as long as they file their IT Return every assessnent year SC dismissed the petition seeking to lift '100% exemption, .SC observed that it was up to the Gov to decide what tax regime they need to impose on political parties .In a writ petition filed by M.L.Sharama, challenging provisions of sec 13A of IT Act 1961 and Sec 29B of RPA 1951, bench did not find any merit in the writ petition and dismissed it. 29 B RPA 1951-Political parties entitled to accept contribution.-Subject to the provisions of the Companies Act, 1956 (1 of 1956), every political party may accept any amount of contribution voluntarily offered to it by any person or company other than a Government company, Provided that no political party shall be eligible to accept any contribution from any foreign source defined under clause () of section 2 of the Foreign Contribution Regulation) Act, 1976 The treasurer of a political party or any other person authorised by the political party in this behalf shall, in each financial year, prepare a report in respect of the following, namely:- (a) the contribution in excess of twenty thousand rupees received by such political party from any person in that financial year (b) The contribution in excess of twenty thousand rupees received by such political party from companies other than Government companies in that tinancial year. 29C(4) says- Where the treasurer of any political party or any other person authorised by the political party in this behalf fails to submit a report, notwithstanding anything contained in the Income-tax Act, 1961, such political party shall not be entitled to any tax relief under that Act.
Business Page World bank cuts growth forecast to 7 % for 2016-2017 Citing a slowdown in consumption and manufacturing due to demonetisation, World Bank cuts Indian growth forecast from 7.6 to 7 %. However it is expected to recover in FY 18 back to 7.6% and further 7.8 % in FY 20 AS PER THE GLOBAL ECONOMIC PROSPECT'S REPORT 2017 (released by World Bank) . Some of the reasons cited by World Bank are- Demonetisation, weak industrial production and service PMI index. . Reduction in private investment, excess capacity and underutilisation, credit constraints due to bad balance sheet etc tors that can help rebound growth rate are Passage of GST PASSAGE OF BANKRUPTCY ANDINSOLVENCY CODE . Liberalisation of FDI norms Agreement between govt and RB I on monetary policy framework and setting up MPC .As per bank report-Reform initiatives expected to remove supply bottlenecks are- Increased infra spending should improve the business climate Make in India can support India's manufacturing sector backed by domestic demand Moderate inflation and pay hikes can improve consumption assisted by bumper crop and therefore increasing rural consumption as well In medium term, benefits of demonetisation is liquidity expansion, which may help lowering the rates may lift economic activity