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16th September Part-2: Daily News Analysis
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Rishab Arora
Graduate in Economics. Gold medal in Dissertation, Prepared various documents on Demonetisation and GST, Share-trading and many more

U
Unacademy user
overall Awesome sirrrr????????????
☺️☺️????
AVINASH YADAV
2 years ago
????? mistakes ????
AVINASH YADAV
2 years ago
Sir ish aap me kuch garbari hai,,,,, kyoki mai,,, emoji dalat hu to Q. mark sa sign. bn jata hai
six scorpion submarines are being indigenously built at MDL under Project 75 with help of French naval defence and energy company DCNS.Under this project, the Indian Navy intends to acquire 6 diesel-electric submarines, 
  1. DAILY NEWS ANALYSIS SEPTEMBER'18 (IN HINDI & ENGLISH)


  2. PSLV to launch 2 U.K. satellites tonight (Page-9) (GS-3) * A PSLV launch on Sunday night will put two earth observation satellites from the U.K. to space. * There is no Indian satellite on this flight. PSLV-C42 will be the first fully commercial trip of the year, breaking a five-month-long lull for the Indian Space Research Organisation. * ISRO did not make any launch post-April 12, after it put replacement navigation satellite, IRNSS-11 to space on the PSLV-C41 rocket. * A few days after that, it recalled its GSAT-11 from the South American launch port of Kourou and weeks before it was due for a launch ISRO Chairman K. Sivan said the interval was not connected with the satellite recall but for the sake of readiness of the two customer satellites.


  3. PM launches cleanliness campaign (GS-2) Prime Minister Narendra Modi launched the "Swachhata Hi Seva" ("cleanliness is service") campaign on Saturday, and took up a broom to clean a school named after Dalit icon B.R. Ambedkar. Union Ministers and BJP leaders and workers participated in similar exercises across the country. In a nearly two-hour video interaction with people from across the country, including religious leaders, Uttar Pradesh Chief Minister Yogi Adityanath and noted personalities such as Amitabh Bachchan and Ratan Tata, Mr. Modi said the sanitation coverage in India had increased from 40% to over 90% in the four years of the "Swachh Bharat" (Clean India) project. He said few would have thought that nine crore toilets would be built and 4.5 lakh villages declared free of open defecation in four years. He launched the "cleanliness is service" exercise to push for greater public participation in one of his government's centrepiece programmes launched on October 2, 2015. It will continue till Mahatma Gandhi's birth anniversary next month.


  4. All sections of society and every part of the country had joined the cleanliness drive, he said, exhorting people to rededicate themselves to fulfilling Gandhiji's dream of a clean India O "Had anybody imagined that more than 450 districts would be open-defecation-free (ODF) in four years or that 20 States and Union Territories would be open-defecation-free in four years," he said


  5. Prices touch dizzy heights (GS-3) The prices of petrol and diesel on Saturday touched a new high, with Mumbai witnessing the maximum among the four metros. While petrol costs 89.01 a litre in Mumbai , diesel is priced at 78.07, according to the daily price notification issued by State-ownwed oil marketing companies (OMCs). In Delhi, petrol is sold for 181.63 and diesel at 73.54, which is also a record high but lowest among the four metros. In Kolkata, the petrol price is 83.49 and diesel dispensed for 75.39. In the case of Chennai, petrol is sold for784, 85 and diesel at?77.74. The petrol prices have gone up about 6% since August 1, while diesel prices were up by 8% in the same period.


  6. The prices build-up 3 The price build-up of petrol in Delhi as on September 10, includes an excise duty of 19.48, dealer commission of commission). 3.64 and VAT of 17.16 (including VAT on dealer * In the case of diesel, it was an excise duty of 15.33, dealer commission of 2.52 and VAT of R 10.70 (including VAT on dealer commission). barrel India imports about 80% of its crude oil, and the falling rupee will make the imports costlier * The fuel prices are likely to go up further as price of Brent oil was still hovering over $78 a and lead to a rise in fuel prices. and 16th of every month. 2018, according to data provided by the Petroleum Planning and Analysis Cell. cs dumped the 15-year practice of revising rates on the first India imported crude oil worth 2,640,30 crore (over $39 billion) between April and July


  7. Submarine plan propels forward after delays (GS-3) The Navy's mega-deal for procuring six advanced conventional submarines under Project-75l and processed through the Strategic Partnership (SP) model is moving forward after being held up due to policy clarity. The Ministry of Defence (MoD) has initiated the process to finalise specific guidelines for the project, estimated to cost over 60,000 crore "A meeting is planned with MoD in mid-September to finalise aspects relevant to submarine specific guidelines for SP model. Specific aspects requiring concurrence of foreign OEMs (Original Equipment Manufacturers) are enumerated in the succeeding paragraphs," the MoD said in a long communication issued to the OEMs in the end of August The communication details the desired project outcomes under broad heads like creation of industrial eco-system, the range and scope of technology transfer, indigenisation content, indigenisation of the pressure hull steel, research and development and skilling roadmaps which have detailed enclosures. Compliance is key The foreign OEMs have been asked to indicate compliance for each para and sub-paras listed and also for all the enclosures along with their observations and remarks and submit their responses by September 11. "The meetings with MoD are likely to be scheduled in the week commencing September 17. Firm dates and timings will be promulgated at short notice," the communication reads.


  8. Four foreign OEMs have responded to the Navy's Request for Information issued last year. However, further progress got held up as clarity was required on some aspects of the SP model. The contenders are Naval Group of France, Rosoboronexport Rubin Design Bureau of Russia, ThyssenKrupp Marine Systems of Germany and Saab group of Sweden. From the Indian private sector only two companies, Larsen and Toubro and Reliance Defence, have shipyards and hence eligible to participate in the tender. Mazagon Dock Ltd, a defence public sector undertaking and the only Indian shipyard with experience of manufacturing submarines, is also expected to be considered. The SP model, which is the last chapter of the defence procurement procedure, has four segments- submarines, single engine fighter aircraft, helicopters and armoured carriers/main battle tanks - which would be specifically opened up for the private sector. Under this policy an Indian private company would be selected in each segment which would tie up with shortlisted global OEM to manufacture the platforms in India under technology transfer. The ambitious policy came into effect in May last year but progress was slow due to lack of clarity. End of July, the Defence Acquisition Council (DAC) cleared the general as well as project specific implementation guidelines for Naval utility helicopters.


  9. Why does U.S. want India to import more? (GS-2/3)


  10. What happened? President Donald Trump came to power partly on the promise that he will create more jobs and that other countries would not thrive at the expense of the U.S. In his dealings with the rest of the world, he has made it amply clear that if the U.S. buys more from another country than what that country buys from the U.S., America loses; something he does not want. That spirit has spurred his move to impose higher duties on imports to spur local manufacture and increase jobs in the U.S. The same spirit is also behind the move to pressure India to import at least $10 billion a year more from the U.S. over the next three years.


  11. Where does China stand? Juxtapose those figures against China's trade deficit with the U.S. - it was $375.6 billion for 2017. Mr. Trump is targeting imports from China (which, in his opinion, are taking jobs away from Americans) and has imposed duties on $50 billion worth of Chinese exports to the U.S. China has reacted with similar duties on imports from the U.S. With duties impending on another $200 billion worth of trade, he has most recently said his administration has lined up action on a third lot of $267 billion worth of Chinese imports into the U.S. This has roiled markets globally as trade wars benefit none. In the U.S.'s own case, for example, duties on solar panels, being sourced from China, have led to the sector forecasting a slower growth and flagging a loss of 23,000 jobs - the exact opposite of what Mr. Trump wanted.


  12. THANK-YOU