Jatin Verma is teaching live on Unacademy Plus
Page-11 News: Modi to y to China soon to 'reset' bilateral ties. at th In an effort to repair India-China relations and take the engagement to the next level, officials are working on a bilateral visit by Prime Minister Narendra Modi to China within the next few weeks. The visit will come ahead of the Prime Minister's trip to Qingdao for the Shanghai Cooperation Organisation (SCO) meeting in June. Setting the stage Foreign Secretary Vijay Gokhale's visit to Beijing two months ago was seen to signal a possible reset in ties, especially after a letter dated February 22, on the eve of his visit-leaked from the government- quoted him as asking officials not to attend public rallies in Delhi organised by the Tibetan leadership. In the letter, Mr. Gokhale cited a "sensitive time in the context of India's relations with China"words that fuelled reports of a major summit-level meeting in the offing. , p . re he e an k h ent * Background: . Ties between India and China hit a low over: [i] The 73-day Doklam stand-off [ii] India's opposition to the Belt and Road Initiative, [ii]China's opposition to India's membership of the Nuclear Suppliers Group [iv]UN Security Council's terror designation for Masood Azhar, and [v]wrangling over the Dalai Lama's visit to Arunachal Pradesh. ksa
want to be starting ganses, beiag anted to show the boss whatcE s bnat th Page-11: China to get a helping of soya India walked with China in its trade row with Washington, and offered to export soya beans, which Beijing may no longer be able to source from the U.S. Soya Beans Diplomacy: In his opening remarks at the fifth China-India Strategic Economic Dialogue, NITI Aayog Vice-Chairman said India was ready to step in and supply soya beans to China, which may no longer be available from the mid-western states of the U.S India has been keeping a watch that there were some tariffs that were issued on farmers from Iowa and Ohio, etc. Maybe India can substitute for soya beans and sugar if we could have access to those exports with all the due quality considerations thatChina might have. 'Protectionist noises Earlier this month, China had announced fresh tariffs on soya bean imports from the U.S, as part of an unresolved trade spat between Beijing and Washington, on items worth over $100 billion. y hav pho he p layer reve ope an or us hink h cause l erent .In an obvious reference to the Trump administration in the U.S., the NITI Aayog Vice-Chairma slammed the "unseemly protectionist noises" emerging from the "Atlantic Basin" that were impeding global recovery. rk and t stay .He said the "cyclical and synchronised recovery in the world economy" had been "marred and disrupted by some unseemly protectionist noises that are coming out of the Atlantic basin in North America and Europe"
Referring to major geo-economic shifts which China and India could sharpen, Mr. Kumar said Asia and the emerging economies could become the new drivers of global growth. He highlighted that "the emerging economies of Asia seem to have ignored the protectionist noises and we have continued to grow at very high rates of speed with Chinagrowing at 6.8% and India growing at 7-72%". India was expected to gallop with growth between 8.5% and 9% in the next five years, riding on major "structural measures" that had already been enforced. Mr. Kumar acknowledged that India-China economic partnershipwas still a work in progress, but made it plain that New Delhi was committed "to work with China as an important anchor and driver of global growth". Synergies between Make in China & Make in India: Mr. Kumar proposed joint research and development in renewable energy and electrical vehicles, which are part of the futuristic Made-in-China 2025 plan. Marrying Indian software and Chinese hardware in the cutting-edge domains of Artificial Intelligence (Al) and Internet of Things (loT). 3 . plo hee . 3 . a pur Solar Cells & electric devices: solar cells, batteries and electrical devices were promising areas for joint R&D.
want to be starting ganses, beiag anted to show the boss whatcE s bnat th Information & Technology Corridors: The senior official cited Information Technology corridors that have been established in Dalian and Guiyang as role models for further collaboration Mentored by NASSCOM and its Chinese partners, Indian software companies hope to develop software for Al-enabled Chinese products in these parks. y hav reve.Partnership in Conventional Areas: Mr. Kumar also invited Chinese companies to invest in textile, leather, food processing, electronic components and pharmaceutical clusters in India. Bollywood & Diplomacy: He proposed, in view of the mega-success of the film Dangal, that two more working groupse layer on culture and pharmaceuticals be added to the existing list of five working groups tha hink h erent have been part of the apex economic dialogue between the two countries. Liberalization of Visa Regime: In view of the expanding New Delhi-Beijing economic ties, Mr. Kumar hoped that the Chinese side would liberalise its visa regime for Indian business visitors rk and
anted to show the boss whatcE s bnat th y hav pho reve he g slay The Hindu Section-2 or us hink h cause h erent a pu
want to te starting Page-l: CVCs advice on graft has few takers. GSM Paper-2: Accountability & Control/ A recent Central Vigilance Commission (CVC) annual report says.Ministries, public sector units and government-controlled banks over-rulled actions recommended against their senior officials accused of corruption, ignoring vigilance norms, at th The report of the CVC for 2017 tabled in Parliament says that government institutions routinely pignore or dilute its recommendations. he The CVC observed that "during the year 2017, there were some significant deviations from the re 95 Commission's advice.' .In some cases relating to officers coming under its jurisdiction, either the prescribed consultation mechanism with the CVC was not adhered to, or the authorities did not accept the Commission's advice The departments and organisations that disregarded CVC advice included the Railways and boards administering Direct Taxes, Excise and Customs. The report says there were "instances where the advice tendered... has been substantially diluted without approaching the Commission for reconsideration of its advice." The trend of ignoring vigilance processes coincides with a drop in the number of public complaints filed with the CVC. In 2017, the total number of complaints received by the Commission was just 23,609, which was less than half of what was received the previous year and lowest in five years k h ent . . . ksa
anted to show the boss whatcE s bnat th The protected ones: Almost all major departments and banks overruled the CVC Many public sector banks turned down recommendations for action against their senior officers for alleged corruption and malpractices. Among them is Punjab National Bank, which is at the centre of the Nirav Modi scam. PNB reduced major penalty action recommended against a senior official, which could have included y hav reve dismissal from service, to minor penalty he g When the CVC recommended that State Bank of Hyderabad enforce major penalty and prosecution, it declined sanction for prosecution. And instead of major penalty it issued an administrative warning to an official. The Central Board of Direct Taxes, Central Board of Excise and Customs, Ministries of Finance, Civil Aviation, Steel and Coal are among those who rejected CVC recommendations. . slay or us erent a pu rk and
want to be starting ganses, beiag anted to show the boss whatcE s bnat th Page-1: PM opens health centre under Avushman Bharat Prime Minister Narendra Modi inaugurated the first health centre under the Ayushman Bharat scheme in Chhatisgarh. He also visited Jangala Development Hub, which is situated in a panchayat that has y hav emerged as a model. He interacted with local 'Champions of Change' in this Left Wing Extremism-affected district, especially post the launch of the Aspirational District programme on January 5. pho reve slay - Internet scheme: He inaugurated the first phase of the Bastar Internet scheme under which a 40,000-km network of fibre-optics cables would be spread across severn districts of the tribal region. The districts are Bijapur, Narayanpur, Bastar, Kanker, Kondagaon, Sukma and Dantewada. or us hink h cause l erent . Mr. Modi, the first Prime Ministerto visit Bijapur, also inaugurated a new rail line and a passenger train between Gudum and Bhanupratapur, bringing north Bastar region orn the rail network. rk and t sta This is the Prime Minister's fourth visit to Chhattisgarh, where the Assembly elections are due later this year. He had visited Dantewada in May 2015, Naya Raipur and Rajnandgaon in February 2016 and Naya Raipur in November 2016.
want to be starting ganses, beiag anted to show the boss whatcE s bnat th Mr. Modi also inaugurated bank branches in seven villages and visited a rural BPO centre developed under the India BPO promotion scheme. The BPO centre is provided Internet link by the Bastar Internet scheme. Ayushmaan Bharat y hav phe.Under Ayushman Bharat, the government will open 1.5 lakh health and wellness he centres by 2022, which will be equipped to treat a host of diseases, including blood reve slay pressure, diabetes, cancer and old-age illness. Also under the scheme, the government has prepared the contours of the National Health Protection Scheme and the work is on to finalise parameters for identifying beneficiaries and hospital entitlement. or us hink h cause h erent a pu rk and
Page-3 World News: U.S. plays safe as trade war brews .The Trump administration, which has been on the verge of a trade war with China, opted not to at th label the country a currency manipulator, breaking a key campaign promise by President Donald Trump to punish a government he has called the "greatest currency manipulator ever" The U.S. Treasury Department, in its biannual currency exchange report, scolded China for its lack e of progress in reducing the bilateral trade deficit with the United States, but did not find that it was heimproperly devaluing its currency, known as the renminbi "Lack of progress' Treasury is strongly concerned by the lack of progress by China in correcting the bilateral trade . e an imbalance and urges China to create a more level and reciprocal playing field for American workers and firms. China has long maintained a strong grip on the value of its currency and, for years, weakened it compared with the dollar to make Chinese products cheaper to sell in the U.S. and other countries. u More recently, China has made a big show of gradually loosening its grip, an effort meant to mollify critics like Mr. Trump. China had a S375 billion trade surplus in goods last year, the largest of any of the U.S.' trading partners. That gap has become a frequent target of Mr. Trump's, who has cited the trade deficit with China as a main reason for his administration's aggressive approach, including the tariffs and investment restrictions he has threatened ent ksa
want te be starti Business Page: Eway bill rules: CBIC lays out process for goods detention Field officers have been asked to follow standard procedure for intercepting conveyances for goods inspection and their confiscation under the e-way bill rules. The Central Board of Indirect Taxes and Customs (CBIC) has laid out a detailed procedure with respect to time-bound uploading of reports and forms by revenue authorities, time-bound closure of t th . cases where goods have been detained and instructions to release goods where there are no prima- re he facie irregularities, This would ensure uniformity" in the procedure of interception or conveyance for inspection of goods, detention, seizure, and release and confiscation of such goods and conveyances. . The roll-out of the e-way bill for intra-State movement of goods in U.P., Gujarat, A.P., Telangana . The jurisdictional commissioner shall designate an officer to conduct interception and inspection of * Bill validity rules: k h and Kerala is slated from April 15 ent conveyances and goods in the jurisdictional area. On being intercepted, the person in charge of the conveyance shall produce the documents related to the goods and conveyance. E-way bill in the form of a print out, SMS or written on invoice would be considered valid. If a discrepancy is found or where the officer intends to undertake inspection, a statement of the person in charge of the conveyance shall be recorded. ksa
anted to show the boss whatcE In the domestic market, the ex-mill price in Uttar Pradesh is 28.50 a kg of sugar whereas the cost of production is *35 a kg s bnat th .The ex-mill price in Maharashtra is 27 a kg against production cost of K32 a kg. By the end of March, the all India sugar production for the current season (October 2017 to y hav September 2018) stood at 281.82 lakh tonnes. This is 92.95 lakh tonnes higher than the reve he preceeding season. layer or us hink h cause h erent a pu rk and