for Monday'ganw forward to reWARMING GLOBAL look forward toit Wakort has top start sea Daily News Analysis ar stacea thi Parliamentary Committees ris DealTHE HINDU, pho even Judicial Over-reach 80 Indian express, Tol, Livemint for 14th June, 2018 Act olicy CAG Sla . AG Slams Govt. e ga ayIut hadhe nanded by many a es that Kha also a puralso Legislative Adventurism Daily News Analysis been no witact Troim .austrial Productio that it ha witten toor o months receveh financial crisis t lac a pu Meltdown China's Belt & Road Is there a need for Stimulus By Jatin Verma
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tth Back to Plus Back to Plus Integrated Indian Economy Threadbare Understanding of Indian Polity & Governance [PT+MAINS] Jatin Verma 250k followers Jatin Verma 250k followers In this course, Jatin will cover all the important aspects of Indian Economy and related Current Affairs relevant for the UPSc Civil Services Exam&other exams conducted by UPSC and the State PSC exams. This course ill also be relevant for Economy section of SSC, Banking and other Govt eams. The course wil be conducted in English and the notes wil also be provided in English. las In this course, Jatin Verma will cover all the important aspects of Indian Polity and Indian Democracy at work relevant for the UPSC Civil Services Exam, other exams conducted by UPSC and the State PSC exams. The course will be conducted in English and the notes will also be provided in English. nt Next Class on 18th June-7:00 pm Sessions Watched:0/40 ay Sessions Remaining:40 Next Class on 18th June-9:30 pm
Important News Articles (Taking Delhi/Noida edition as the base) tth Page 1: Downturn in ties with Maldives hits Indians' job opportunities Page 12 News: Indian job prospects in the Maldives hit Page 5: Heart surgeon seeks transparency in organ tranplantations Page 6 Nation: Paddy rule: farmers threaten stir if cases not withdrawn * Page 9 Nation: New norms for recruitment, promotion of college teachers lag Page 12 News: U.S. nod for six more Apaches Page 13 News: Nirav Modi's Indian passport a mystery Page 13 News: PNB and three dummy firms Page 13 News: National Dam Safety Authority in the works Page 13 News: Will lateral entry have quota: Paswan Page 14 World: N. Korea no longer a nuclear threat Page 14 World: Prabhu's visit fails to resolve issues Page 15 Business: Govt. may list AI after failed stake sale Page 15 Business: India, China discuss 'Oil Buyers Club' Page 15 Business: Fitch cuts SBI, Bank of Baroda viability ratings nt ay
want teo he starting Page 1: Downturn in ties with Maldives hits Indians' job opportunities (GSM -II: Internationali Relations Since February, when Maldivian President ordered an Emergency, India took a strong position against, the Maldives Immigration Authority has reportedly held up thousands of work permits to Indians ing are public advertisements from companies that are hiring clearly saying that "Indians need henot apply", as they would not be given work permits. The internationally renowned chain of hotels advertised for 18 jobs said: "Please note that work permits are not currently being issued to Indian Nationals. Despite the increasing numbers of desperate job-seekers, the MEA has refused to take up the matter, and the Embassy of India in the Maldives (Eol) has replied to queries from the job-seekers t by saying it cannot help. e ar k h ent . India has taken up the issue through diplomatic channels "urging the Maldives government to abide ur by the bilateral visa agreement," with the hope that the matter would be resolved soon Banking on Minister MEA listens to all sorts of requests from people, and hundreds of us have been mass-tweeting her for days hoping she will do something tis that
want teo he starting Page 12 News: Indian ob prospects in the Maldives hit (GSM-11: International Relations at thh The Maldivian Embassy in Delhi declined to comment on the issue. On March 12, Immigration Department told the Maldives' Independent newspaper that reports of visa delays for Indians were "completely false". Officials estimated, thousands of Indians face a squeeze on their work permits from the Maldivian government in place since February, and there appeared to be a "strict directive" from the heMaldivian President's office against work permits to Indians, as well as against facilitating other requests from Indian companies there. Around 29,000 Indians live and work in the Maldives, and an estimated 2,000 have pending applications for work permits. India-Maldives ties have been on the downswing since 2015, when Prime Minister cancelled his visit to Male over the treatment of Opposition leaders by President of Maldives. Since then, China's growing presence and a free trade agreement with Beijing as well as President's u emergency declaration and arrest of Opposition leaders have led to protests from India, further straining ties. Maldives had told India to remove its helicopters from two strategic locations by the end of June, when visas of Indian Coast Guard and naval pilots and personnel manning the choppers will expire. e ar k h ent . tis
want teo he starting Page 5: Heart surgeon seeks transparency in organ tranplantations IGS Mains paper-3: Healthl . Chairman of International Centre for Cardio Thoracic & Vascular Diseases, has called for absolute at thh transparency in the organ transplant programme in Tamil Nadu to ensure that organs retrieved from brain-dead donors benefited deserving Indian patients on wait-list. The veteran, who performed the first successful heart transplant in the country after the concept of brain death was legalised in 1995 and has about 50,000 heart surgeries to his credit, expressed concern that there was a communication gap in the system which had to be rectified to achieve the desired results. Since many transplants happened in the middle of the night so patients or doctors had not protested hearts or lungs being given to international patients even as many Indian patients were on the wait- list. te he e ar ent .Earlier it used to be worse before when the communication was sent through SMS. Alerts on potential donors often went to select hospitals or transplant coordinators leaving others in darkness. The former member secretary of Transplant Authority of Tamil Nadu brought about some transparency by roping in hospitals and other stakeholders on a Whats App group. ur y can prevail only when the hospitals are transparent. Tamil Nadu is a pioneer in organ transplantation in the country and the initiative to legalise brain deaths started in Chennai. tis
want teo he starting Page 6 Nation: Paddy rule: farmers threaten stir if cases not withdrawn. IGS Mains-3:Farmers' issues: Contemporary challenges in Agronomyl .Angry over registration of cases against farmers for flouting the State government's advisory at th against transplanting paddy saplings before June 20, farmer outfits in Punjab have threatened to launch an agitation against the authorities. reThe government should immediately withdraw the cases registered against the farmers. The farming tcommunity is already facing economic distress and in such a scenario filing cases against them . With an aim to preserve water and check the fast depleting groundwater table in the State, the would only add to their miseries. e ar Punjab government had this year asked farmers to start paddy transplantation after June 20 instead of June 15 ent .The government needs to understand that delay in transplanting paddy would cost the farmers dear. Delay in sowing means a delay in harvest. Paddy harvest usually takes place in October. At that time moisture starts setting in and if the harvest is delayed, the farmers would face difficulty in selling the crop due to high moisture content Cultivation cost Protests has been staged against the police action against farmers transplanting paddy saplings. Farmers are demanding immediate withdrawal of cases against them besides uninterrupted supply of at least eight-ten hours of power . tis
want teo he starting Page 6 Nation: Paddy rule: farmers threaten stir if cases not withdrawn (contd Cultivation cost (contd. . Due to insufficient power supply, the farmers are forced to use generators to irrigate their fields at thh which has increased the cost of cultivation If the government wants to implement the decision of delayed paddy sowing then it should relax the condition of 17% moisture content during the sale of crops. The moisture content limit should be increased to at least 24%. he If the government does not heed to their demands, the farmers would be forced to launch an agitation against the government. Opposition attack . Opposition has condemned the registration of cases against at least five farmers in Ferozepur for e ar k h ent transplanting paddy before the June 20 deadline fixed by the Congress government. Former Minister said the government should talk to the farmers, listen to their problems and develop consensus on such issues instead of threatening them with police cases. tis that
want teo he starting Page 9 Nation: New norms for recruitment, promotion of college teachers at thh The University Grants Commission (UGC) has brought out a new set of regulations to alter the conditions for recruitment and promotion of college and university teachers, so as to make universities more focussed on research and colleges on the teaching-learning process. For the first time, requirements for promotions measured through the API points till now, but in P future to be measured by grades, such as satisfactory, good and very good - have been made hedifferent for college and university teachers re While research will no longer be mandatory for college teachers for promotion, university promotions will offer weightage to research done. College teachers will be graded on teaching rather than research. However, teachers can still do research and earn higher grades for it e ar k h ent Other activities However, this won't be mandatory, for they can earn grades for other activities too - such as social u work, helping in adoption of a village, helping students in extra-curricular activities, contributing teaching material to Swayam, the MOOCS platform for online material The regulations had also made teaching hours flexible. It can help further the careers of college teachers, they will be able to become professors now . tis
Page 12 News: U.S. nod for six more Apaches The U.S. State Department has approved the sale of six additional AH-64 Apache attack helicopters to tth India. The Army wil operate them. The State Department has made a determination approving a possible Foreign Military Sale to India of items in support of a proposed direct commercial sale of six AH-64E Apache helicopters for an estimated cost of $930 million IThe DSCA has delivered the required certification notifying the U.S. Congress of this possible sale. Last August, the Defence Ministry approved the procurement of six Apaches for the Army exercising the optional clause in the original deal signed with the U.S. in November 2015 Under the S3-billion deal, India had contracted 22 Apaches and 15 Chinook heavy-lift helicopters through the Foreign Military Sales (FMS) programme. lag . nt O Background: The case for inclusion of Combat, or Attack, Helicopters to be part and parcel of the Army dates back to 1963 when Gen JN Chaudhary, the then Chief of Army Staff (COAS), stressed the requirement for a separate air wing for the Army He had emphasised that efforts at increasing the firepower and mobility of the Army would not be complete without an integral aviation element comprising light, medium, heavy as well as armed/attaclk helicopters. Finally, after vacillating for decades, it was on October 12, 2012 that the Government took the call on the crucial issue ofthe ownership and operations ofAttack Helicopters in favour ofthe Army. In addition to aircraft, the contract includes night vision sensors, GPS guidance and hundreds of Hellfire anti-armor and Stinger air-to-air missiles. . ay .
Page 13 News: Nirav Modi's Indian passport a mystery. Investigating agencies, in a meeting scheduled for this week with External Affairs Ministry officials, are likely to take up the issue of how fugitive Nirav Modi had been travelling o Indian passport even after the Ministry claimed to have revoked it in February is learnt that the meeting is specifically on the issue of extradition requests. Asked whether the treissue of Nirav Modi would also be taken up. the Ministry declined to comment. heIn response to an Interpol diffusion notice, which sought confirmation on the fugitive's movements and location, the agencies have received information from foreign jurisdictions revealing that he had been travelling on an Indian passport till March 31 and had also visited the U.K. 0 I has now approached the Interpol to issue Red Notice against Nishal Modi and Subhash Parab too. The agency had earlier applied for Red Notice against Nirav Modi and his uncle. While his brother Nishal is a Belgian citizen, Mr. Parab is an executive in his company The Enforcement Directorate has also written to the Interpol for issuance of Red Notice against Nirav Modi after the special court took cognisance of its charge sheet. CBI reiterated that the current location of Nirav Modi is not known. On February 15, the agency had sent the diffusion notice to locate him and other accused persons. In response, it has received some information regarding his movements in the United Kingdom.
want teo he starting Page 13 News: PNB and three dummy firms (contd.) .A total of R12,655 crore was paid to banks from PNB accounts to settle the earlier issued LoUs, it at thh says. The ED has searched Mr. Modi's companies: two in Delhi, seven in Surat, five in Mumbai, and one in Jaipur. .It found various assets including raw gold, diamonds, pearls, precious stones and much more. The total seizure value as per the books is more than 31,785 crore while the worth as per the valuation report is around 489 crore. Last year, approximately 100-150 LoUs were issued to Modi's group companies of around crore. he 5,000 e ar k h ent Dummy corporation or dummy company: . It is an entity created to serve as a front or cover for one or more companies. It can have the appearance of being real (logo, website, and sometimes employing actual staff), but lacksu the capacity to function independently. The dummy corporation's sole purpose is to protect "an individual or another corporation from liability in either contract or import" Dummy companies are established in an international location, usually by the "attorney or bagman" of the creator in order to conceal the true owner of the often-illegitimate and empty company . tis that
want teo he starting Page 14 World: N. Korea no longer a nuclear threat . North Korea no longer poses a nuclear threat, nor is it the "biggest and most dangerous problem" at th for the United States, U.S. President Donald Trump said on his return from a summit in Singapore with North Korean leader Kim Jon-un Everybody can now feel much safer, there is no longer a nuclear threat from North Korea. Meeting with North Korea was an interesting and very positive experience. North Korea has great potential for the future After the summit U.S. is thinking to lift sanctions against the North but not immediately. North Korean state media lauded the summit as a resounding success he U.S. expressed an intention to halt U.S.-South Korea military exercises while North Korea e ar k h ent negotiated on denuclearization and offer security guarantees to the North and lift sanctions against it as relations improve. Both the leaders invited each other to their respective countries and they "gladly accepted". All parties sould "grasp the moment of positive changes" on the peninsula to take constructive steps towards a political resolution and promoting denuclearisation. tis that
want teo he starting Page 14 World: Prabhu's visit fails to resolve issues at thh Union Commerce Minister's meetings with U.S. Ministers and industry leaders did not resolve lingering disputes between the two countries on multiple trade issues. A delegation of senior Indian officials will travel to the U.S. soon to continue talks. The price control on medical devices imposed by the Indian government and requirement of data re localisation announced by the Reserve Bank of India (RBI) remain intractable questions. he.American interlocutors did not appreciate India's move to take the question of U.S steel tariffs to the World Trade Organisation. Bone of contention . The mode of price control on medical devices in India is "neither tenable nor tolerable" e ar k h ent American medical device manufactures worry that if the Indian model of price control is allowed to stand, other developing countries may soon follow suit. Union Commerce Minister offered to engage the companies on their concerns, but this promise did u little to resolve the tensions American companies are also protesting the data localisation requirement for financial services companies. If the U.S. were to impose such a requirement with regard to American consumers, the backbone of Indian BPO sector would be broken tis
want teo he starting Page 14 World: Prabhu's visit fails to resolve issues (contd. at thh Imagine what will happen if the U.S decides that U.S. data cannot be processed outside. The American industry has been "very bullish on India", it is concerned by "certain policy and regulations in recent months that inhibit trade and innovation in Indian economy Medical device companies are among the big investors in India in recent years. There is a large demand for medical devices in India he.The government of India wants consumers to get devices at fair prices. But the policy is misguided. "Not sustainable . It does not reduce the consumer price. It does not impact the mark-up prices. It artificially caps the* entry price for manufacturers. It is not sustainable for companies to bring innovative products. e ar k h ent The RBI guidelines on data localisation "creates constraints for companies" When supply chains and operations are global, this creates inhibitions to investment and innovation in India. Industry understand the concerns of the Indian government and is willing to work with it u on finding a resolution tis that
want teo he starting Page 15 Business: India, China discuss 'Oil Buyers Club' . With oil producers' cartel OPEC playing havoc with prices, India discussed with China the at thh possibility of forming an 'oil buyers club' that can negotiate better terms with sellers as well as getting more U.S. crude oil to Asia to cut dominance of the oil block De-bottlenecking infra On the discussion table was de-bottlenecking infrastructure to facilitate more U.S. crude oil coming heto Asia so as to cut the dominance of the Organization of the Petroleum Exporting Countries (OPEC), which supplies about 60% of India's oil needs. Production cuts by OPEC have led to international oil prices hitting a four-year high last month that forced a 3.8 per litre raise in petrol and 3.38 a litre increase in diesel prices. Rates started to cool towards month end and retail prices have been cut thereafter. In a throwback to 2005 when the then oil minister Mani Shankar Aiyar had proposed an alliance of the oil consuming nations, Pradhan wants to form an oil buyers' club with China, Japan and South ur Korea to take up issues like premium being charged from Asian buyers ent .At the IEF meeting, India and China agreed to join hands to have a collective bargaining power against cartelisation of oil producers. Singh's visit was to take this forward with concrete proposals for cooperation. tis en thec
want teo he starting Page 15 Business: Fitch cuts SBI,Bank of Baroda viability ratings at thh Ratings agency Fitch has downgraded viability ratings of State Bank of India and Bank of Baroda by a notch to 'bbt' and 'bb' respectively citing the lenders' weakened risk profile due to poor asset quality and the vulnerability of their capital buffers to moderate shocks . Eleven banks reported common equity Tier 1 ratios that fell short of the 8% requirement for Basel he.Capital generation is expected to remain weak, although many state banks should be able to recover Sector NPL ratios are closer to what we believe would be full recognition of legacy problems and . The ratings agency said Indian banks' solid and resilient funding and liquidity positions remained E III's final phase of capital migration from losses in FY19. Fitch has a 'negative sector outlook on Indian banks provision cover has improved. e ar k h ent intact and while deposit growth had slowed since demonetisation, depositor confidence remained high due to state banks' government ownership "This is evident in banks' retail deposit composition, which generally exceeds 80%. oun . tis that
Thank you Jatin Verma 155k Followers Follow Ratings & Reviews Roman Saini A great course by Jatin Verma where he has literally covered all the important news from The Hindu. Must watch. Mohit Rai If i achieve my aim, my first salary will go to this great individual making this great informative and well-researched videos. I should take this opportunity to thanlk and congratulate him for the wonderful work he is doing for all the aspirants. He is meticulous and almost perfect in his approach and understanding. Please keep making such videos as a single 26k Enrollments Enroll
Have appeared in UPSC CSE thrice. Have been taking Unacademy Plus courses Academics- Polity, Economics & Current Affairs.