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19th June 2017: Daily Summary and Analysis of The Hindu (in Hindi)
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19th June 2017: Daily Summary and Analysis of The Hindu (in Hindi)

Amit Baghel
UPSC 2018 mains; Doing 'The Hindu Newspaper Analysis' since June,2017. YouTube- Gurukul Prime.

U
Unacademy user
Good Sr bt plz don't miss any lesson Sr.....
Amit Baghel
2 years ago
Not a single lesson will be missed. Rest assured :)
where is 17 and 18 june
Amit Baghel
2 years ago
I'll upload those by tomorrow :)
Amit Baghel
2 years ago
17 and 18'th June lessons are uploaded now :)
Sir editoria analysis?
Amit Baghel
2 years ago
In this course I cover all the imp Hindu news and 'important' editorials. However, I'll soon create separate course for detailed Editorial analysis :)
  1. DAILY SUMMARY AND ANALYSIS OF THE HINDU in Hindi 19'th June,2017 Presented by Amit Baghel


  2. ABOUT ME Computer Science graduate from JIT, Noida Work experience of 2+ years in MNC Writer by passion, newbie in guitar and civil service aspirant Interest: Music, reading non fiction and watching TV series


  3. China-led AIIB touts 'green' growth PSBs told to explore smaller peers' buyout Bank did get pushback from environmental groups about its commitment to being green, with several NGOs saying they were The Finance Ministry has asked four large PSU lenders to explore opportunities for acquisition of small and mid-sized banks with a goal to create global sized lenders. green, with several NGOs savying they were industry strategy, adopted on June 15, left the door open for coal sector investment. One of the possibilities is that large public sector banks (PSBs) like Punjab National Bank, Bank of Baroda, Canara Bank and Bank of India could try looking for potential candidates for acquisition The AWB, which has 80 member countries, was set up to help meet the estimated $26 trillion need for infrastructure spending in Asia through 2030, while also demonstrating that a China-led institution can meet international standards for best practice. Factors to be considered before merger oregional balance, geographical reach, financial The United States and Japan, both members of the Manila-based Asian Development Bank (ADB), have not joined the AllB burden and smooth human resource transition that have to be looked into while taking a merger decision. there should not be merger of a very weak bank with a strong one "as it could pull the latter down" However, the clear picture would emerge only after the NITI Aayog report sets the tone and tenure of the roadmap for the second round of consolidation in the banking sector. The AllB has pledged to use its investments to help members fulfill their commitments to the Paris climate accord, which the United States is withdrawing from under President Donald Trump In the last consolidation drive, five associates and Bharatiya Mahila Bank (BMB) became part of SBI on April 1, 2017, catapulting the country's largest lender to among the top 50 banks in the world.


  4. Nitty-gritty of bankruptcy code Last week, Reserve Bank of India said its internal advisory committee (IAC) had identified 12 accounts, which account for 25% of non-performing assets of the Indian banking system for immediate resolution under the Insolvency and Bankruptcy Code (IBC) What does bankruptcy mean? debts by some of the Indian firms has resulted in a huge pile of non-performing assets for the banking system. oA company is bankrupt if it is unable to repay debts to its creditors (banks, suppliers etc). The inability to repay Which are the most stressed sectors having a problem of non-performing assets? RBI had earlier hinted that stress was coming from sectors such as power, telecom, steel, textiles and aviation. How the RBI came into the picture of referring accounts for resolution under IBC? punitive action against individual accounts under IBC. How does the process work under IBC? The government had recently amended the RBI Act, which gave powers to the central bank to direct banks to take eany creditor including banks by filing a petition against defaulters with the National Company Law Tribunal After that, an insolvency professional with significant powers is appointed to take control of the defaulting company and assist the process e A creditors committee is formed to represent the interest of lenders and any other party that have been affected due to the default by the company. The committee should come up with a resolution plan (which may include selling off defaulted loans or liquidate the company outright. The resolution would require a nod from 75% of the creditors on the The insolvency professional gets 180 days to come up with a feasible solution on the default issue. The timeline can be extended by another 90 days. If no solution is found within 270 days a liquidator is appointed The company can also opt for voluntary liquidation by a special resolution in a general meeting. Does IBC resolve the bad assets crisis of the banks? Only time will tell. The proceedings under IBC are at a nascent and untested stage in India.


  5. Success, the ZED' way Zero defect zero effect After the model was conceptualised in September 2014, the Quality Council of India (QCI) formulated the first draft of the model. Later in 2015 pilot of the model was launched in selected enterprises. Quality Council of India (QCI) will play a very important role in implementation of the model The ZED model aims to achieve high quality manufacturing that's also green. The Zero defect, zero effect concept seems to be a theoretical concept but its levance to Indian manufacturing and lowering the impact on environment cannot be overstated Global findings to align with "zero defect, zero effect" (ZED). The ZED focus of the program is not only the most arduous to achieve but also most durable in its othe Make in India' program has been incessantly analysed by economic commentators, the relatively less talked about the initiative is the effort impact on overall competitiveness A survey conducted in 52 countries showed that Made in Germany products were perceived as the best among 4a counire analys e followed by Switzerland and EU reflecting the inherent strength of their manufacturing engines. Interestingly, China was ranked last (49th) in s of quality perception. India only fared marginally better at 42nd position Opportunity for India No other Asian country is listed in the rankings, presenting an opportunity. Despite the two-decade lead taken by China in unleashing it manufacturing prowess, it continues to be at the bottom in the battle for perceived quality. Enhancing the quality quotient of 'Made in India' is a huge challenge as well as an opportunity for India's manufacturing push Chinese factory wages have trebled over the past decade and are almost at par with eastern Eurozone countries. Low-cost production jobs are now moving to countries in South/South-East Asia. India could potentially be one of the countries to benefit fro m this realignment about 131.29 million people are employed in as many as 58.5 million establishments in our country, according to the sixth economic census 2016 reflecting the ultra fragmentation of our manufacturing base. The baby steps taken by some States in labour reforms need to be scaled up to remove the hurdles for micro units in achieving the scale of operations. Only reasonable sized enterprises shall have the economies of scale to compete globally while low-cost manufacturing is important for India, a comprehensive policy on value-addition to transform the economy is needed. Existing competitive edge in sectors like textilesneeds to be supplemented with focused strategies under the ZED philosophy (certification, productivity. technological depth, energy efficiency and IPR)


  6. Why you don't feel the record-low inflation The data shows that the inflation rate, measured by the Consumer Price Index (Combined-new series) was 2.2% for May 2017, slipping from a 3% reading for April A CPI inflation rate below 2.5% is a once-in-a-blue-moon occurrence in India Looking back at the history of the CPI-Industrial Workers (the older avatar of the index which has a longer history), we find that India has registered CPI inflation of less than 2.5% only in 12 months in 20 years But if retail inflation is at a stand-still, how come most of us don't feel it? Shouldn't this be boosting our purchasing power and visibly fattening our wallets? There are three reasons why your personal experience with price rise may not gel with the official reading. Where you live eall States and Union Territories do not get equal weighting in the total. The weights are decided by the consumption expenditure within each State relative to the all India consumption basket. While the State o Maharashtra gets a 132%, eight n the all-India CPI (Combined), J&K weighs in with just 0.94%, Puducherry with 0.17% and Sikkim with 0.05%, even small blips in the States of Maharashtra (13.1% weight), UP (12.4%) and Tamil Nadu (7.3%) can swing the headline number. Consumption basket Does 45.8% of your monthly household budget go towards food and groceries? Would house rent makeup just 10.1%? Do you fritter away 2.4% on tobacco and intoxicants'? If not, the inflation in your household is likely to be very different from the officia inflation rate. aln order to arrive at a CPI General Index that is representative of both India and Bharat, the statistics office assigns different weights to the different products and services. These weights are derived from the actual spending patterns of rural and urban households as captured by the NSSO's ground-level survey of expenditure patterns across India. The latest such survey was the 68th round conducted over 2011-12 Because the majority of Indian households belong to lower-income strata, the CPI General Index thus carries a far higher weight to products than service Services often witness higher price rise than products in the Indian context. But in practise, more affluent households spend a far lower proportion of their income on food and essentials and make a higher allocation to non-essentials and services


  7. Why you don't feel the record-low inflation One-offs The official CPI print captures the point-to-point change in the index in the latest month, compared to the same month last year. This makes the number susceptible to distortions from one-off factors both in the base month and in the current one. The CPl inflation rate for May 2017 has, for instance, been suppressed by the base effect. As we know, a bountiful monsoon this year has led to a bumper production of pulses, oilseeds and horticultural crops. This has triggered a rout in agri-commodities ranging from tur and urad dal to potatoes, onions and tomatoes, prompting farmers to protest. Agri-market watchers also add that the note ban and GST impact on the agri-supply chain have led to poor offtake and offloading of stock, thus adding to this downward spiral But a fall in retail food prices at this time of the year is quite a one-off situation. Every year, food prices usually soar in the month ril-M onsoon months when fo short, yes, inflation has moderated of late, but for most middle class folk, it is likely to be higher than 2 296 To get a real feel of your personal inflation rate, you should check out CPI trends in your State of residence, and in the products and services that make up the lion's share of your budget.


  8. THANK YOU RATE, REVIEW AND RECOMMEND You can find me at https://unacademy.com/user/AmitBaghel can find me at httos:/Lunacademy.com/user/AmitBaghe