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13th September 2017 Part-3: Daily News Analysis
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Jatin Verma is teaching live on Unacademy Plus

Jatin Verma
Have appeared in UPSC CSE thrice. Have been taking Unacademy Plus courses Academics- Polity, Economics & Current Affairs.

U
Unacademy user
SIR KYA AAP DAILY NEWS INITIATIVE 2-3 MONTHS KE BAAD BAND KAR DENGE? SIR PLS PLS PLS REPLY
AB
First of all thank you sir for your outstanding effort. In relation to Ucchataar Avishkaar Yojna you said industry oriented courses would be carried forward in recent future but as you have said earlier we in india are moving more towards mechanical ways of studying so will not it affect that again? Isn't it a paradoxical stand by our government?
Sir, is it important to have democracy to develop? there are other forms of rule as well...Can it be said that democracy is suited for all the nations,irrespective of their culture, people, level of development?
Thank you so much sir ☺
Kn
Sir I am follower of u .can I be ips officer as my little finger nail ???? is amputed.
  1. DAILY NEWS ANALYSIS from THE HINDU 13th September 2017 By Jatin Verma Educator Unacademy


  2. .Page-ll:Vishwajeet scheme a non-starter. Vishwajeet scheme, which entailed the provision of Rs. 1,250 crore to each of the top seven IITs over a period of five years to upgrade infrastructure, hire foreign faculty, and collaborate with foreign institutions to break into the top league in global rankings, has reportedly been shot down by the Finance Ministry. The Vishwajeet scheme was something we were desperately looking for- at least the older, top five or seven IITs were banking on it. We are already in the top 500. With a little bit of push from the government, we could make it to the top 100.The structures are there, the processes are there.All we need is an intervention in terms of financial resources. 2 IIT Delhi would break into the top 100 in three or four years with schemes such as Vishwajeet. None of the IITs are currently ranked in the world's top 350, as per the 14th edition of the Times Higher Education's World University Rankings. Responding to concerns of academia, HRD said: [i]Higher Education Finance Agency (HEFA), [ii]Uchchatar Avishkar Yojana, and [iithe Prime Minister's proposed scholarships of Rs. 75,000 a month were schemes to be benefited from.


  3. Higher Education Financing Agency (HEFA) is a not-for-profit agency with initial capital base of Rs. 1000 Crore. It was announced in Union Budget 2016-17. Organization I. The HEFA will be set up with joint participation by the government and philanthropic donors. 2. It would be set up under Companies Act, 2013 and will be registered with RBl as Non-banking Finance Company (NBFC). 3. It will be headed by a banker and will have a board with five donors and five institutions selected on rotation basis. 4. All Centrally Funded higher educational institutions will automatically be added as members. Funding and Finances: Total corpus of the body is Rs. 2,000 crore. Out of this, the initial government contribution will be Rs. 1,000 crore. Remaining Rs. 1000 Cr would be collected from 5 other corporate donors(Rs 200 Crore Each) of which the sponsoring bank would be one. Further, the body will be allowed to raise debt funding of up to Rs. 10,000 crore from the financial markets, including pension and insurance funds. Thus, there is a l:5 ratio of own funds to debt ratio for HEFA. The debts would be returned back {debt service) from the money received


  4. An Educational Institute will be eligible for a credit limit of 5 times the annual inflow of the student fee from the institution. The institute can then draw interest-free funds against an approved capital or research project and repay the amount over 5-10 years through the escrowed student fee. Each institute will have to prepare a detailed master plan on infrastructure gaps that will be assessed by an independent group before releasing amount sought. Uchatar Avishkar Yojna: HRD ministry earmarked Rs.250 crore per annum for fostering "very high quality" research in the IITs under the scheme which will have industry partners with the institutions of excellence. The move is to give research relevant to the industry and the campaign to 'Make in India' a leg up, the proposal has been received with scepticism in the academic and research circles, given the implications of allowing private players to collaborate with institutions that have been set up with public money The objective is to make IITs to help in the Make in India campaign, by investing in research and link innovation to the industry to make the latter competitive in the global markets. The Rs.250-crore purse will be used to fund several projects for up to Rs.5 crore, provided they meet the standards stipulated


  5. Page-12:World News: Pressure piles on Myanmar over refugee exodus: U.S. intervenes: Pressure mounted on Myanmar to end violence that has sent more than 300,000 Muslims fleeing to Bangladesh, with the United States calling for the protection of civilians and Bangladesh seeking international help to handle the crisis. The government of Buddhist-majority Myanmar says its security forces are fighting"terrorists" behind the latest wave of attacks, which began on Aug. 25, and they are doing all they can to avoid harming civilians. [Arakan Rohingya Salvation Army] The United States said the violent displacement of Rohingya Muslims showed Myanmar's security forces were not protecting civilians. U.S. has been a staunch supporter of Myanmar's transition from decades of harsh military rule that is being led by Nobel peace laureate Aung San Suu Kyi. Myanmars government regards the approximately I million Rohingya as illegal migrants from neighbouring Bangladesh and denies them citizenship, even though many Rohingya families have lived there for generations


  6. Myanmar rebuffed a ceasefire declared by ARSA to enable the delivery of aid to thousands of displaced and hungry people in the north of Rakhine State, declaring simply that it did not negotiate with terrorists. Bangladesh's Response: Bangladesh is seeking help as it struggles to cope with the influx of more than 300,000 Rohingya since the latest violence began, who have joined more than 400,000 others already there. . The Bangladeshi parliament passed a resolution on Monday urging the international community to mount pressure on Myanmar to resolve the crisis. Bangladesh is seeking international support for a plan to relocate Rohingya to a remote Bay of Bengal island that critics say is flood-prone and unliveable.


  7. World News: 'America wants growing trade with India' :The rising imbalance in trade with India is a concern for America and India must open its market to more American companies, Mr. Ross said India must also take more effective measures to protect innovation by improving its intellectual property protections. . Global Entrepreneurship Summit (GES) will be held in Hyderabad in November: U.S. President Trump and our Prime Minister have announced to co-host this year's summit. Annual bilateral trade between the U.S. and India has doubled over the last decade and was $114 billion in 2016.Unfortunately, over the same period, trade deficit tripled in favour of India, now at $27 billion. Bilateral Investment Relations: Imbalance was visible in investments as well.While India's investors invested $12.I billion in the U.S. last year, U.S. investors invested $32.9 billion in India. Bilateral Trade Relations: only I .5 % of U.S. exports were to India, while only 6.3 % of Indian exports goes to America. New Mechanism: India and the U.S have decided to move to the 2+2 format of engagement involving the Secretaries of Defence and State Departments from the American side and Ministers for Defence and External Affairs Ministers from the Indian side. The Strategic & Commercial Dialogue between the two countries is being discontinued from this year.


  8. Business Page: CPI in ation quickens to 3.36%, IIP rises 1.2% India's industrial production recovered to grow only mildly as growth in manufacturing output remained flat with introduction of goods and services tax (GST) which continued to disrupt production networks while retail inflation quickened in August ruling out any rate cut by the central bank in the near future. Data released by the Central Statistics Office showed Index of Industrial Production (IIP) grew at 1.2% in July from a contraction of 0.2% a month ago Mining and electricity sectors however grew at robust 4.8% and 6.5% respectively in July. Consumer price index based inflation continued to rise for the second consecutive month, by 3.36% from 2.36% a month ago as food inflation turned positive after three months of contraction. India's GDP growth unexpectedly slowed to 5.7% in the June quarter, the slowest pace in three years, underlining the disruption caused by the uncertainty related to the rollout of the goods and services tax (GST) even as the Indian economy is struggling to recover from a shock demonetisatio n.


  9. The Reserve Bank of India (RBI), which cut its repo rate by 0.25 percentage points last month, retained its neutral policy stance, citing uncertainty on the future trajectory of inflation because of several uncertainties: If states choose to implement salary and allowance increases similar to the centre in the current financial year, headline inflation could rise by an additional estimated 100 basis points above the baseline over 18-24 months. Also, indicators suggest that price pressures are building up in vegetables and animal proteins in the near months. . The second volume of the Economic Survey 2016-17 took a contrarian view and maintained that India is undergoing a structural shift toward low inflation, mostly due to changing dynamics in the oil market, which has capped upside risks.


  10. Business Page: 'Stringent action to prevent data misuse'. Pitching for use of big data analytics for inclusive growth, IT Minister said any unauthorised use of data would be dealt with an "iron-hand to ensure that nothing comes in the way of making data analytics a national movement. Precision Governance: The government is committed to making the best use of big data in establishing rule of precision governance.While doing so, every care would be taken to strictly ensure that privacy rights of individuals are protected," Information, Education and Communication: A 24-hour Hackathon, wherein participants will use government data platform to make applications and infographics on themes such as Drinking Water and Sanitation, Transport, Education and Crime and Health. . The Hackathon, that will take place in seven cities, is being conducted by NIC and IAMAl as part of the Startup Eco-system Development programme.The applications developed will be evaluated by jury and winners will receive support, including mentorship and funding. Data Availability Vs. Data utilisation:IT Secretary said, there is big gap between data being available and data being utilized. . In this context, Open Government Data Platform was set up in 2012 to provide access to government- owned shareable data.


  11. Telecom industry: Tower, Telephone Exchange(Active service), Distribution.


  12. Transmission & Distribution losses: Hying off Unbundling of Power sector