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22nd September Part-1: 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

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  1. Q1- Who releases WORLD ECONOMIC OUTLOOK report? A)IMF B)WEF C)WHO D)RBI


  2. Q1- Consider the following statements about Raiganj Wildlife Sanctuary which was in news recently 1.The Kulik river flows through this sanctuary 2.It is home to a large number of migratory birds due to abundant food availability 3.lt houses the largest population of Openbill Stork in Asia 4.It is located in Nagaland Which of the statement(s) is/ are true? A) 1 and 2 B) 1, 2 and 3 C) 2,3 and 4 D) All


  3. India calls off New York meeting with Pakistan (GS-2) (Page-l) India's decision drew swift response from Pakistan, with Information Minister Fawad Chaudhry telling reporter, "The entire world is watching that Pakistan stands for peace and dialogue and India is being led by extremist mindset." * President of Pakistan Arif Alvi described Delhi's decision as "sad" * "Mutual reservations could have been placed on the table," said Mr Alvi in a social media post. 'Evil agenda' The MEA stated that the decision to go ahead with the meeting in New York was taken because the proposal from Prime Minister Imran Khan had indicated a desire to discuss terrorism' with India.


  4. "Now it is obvious that behind Pakistan's proposal for talks to make a fresh beginning, the evil agenda of Pakistan stands exposed and the true face of the new Prime Minister of Pakistan Imran Khan has been revealed to the world in his first few months in office," stated the MEA press statement. Officials said the decision to cancel the meeting between the two Ministers was taken after wider consultation" in the MEA and with all stakeholders in the government. * "The Postage stamps came to our notice yesterday night. We only verified this last night. We wish that the Pakistan government had done something to make the atmosphere better," an official source said.


  5. "India mooted role for Anil Ambani's firm in Rafale deal' (GS-2) (Page-1) Breaking down the controversy What Is the Clalms and counter-daims The Congress has alleged that the The deal started out deal was expensive than the previous Initially as negotla bid and had claimed that it would tions for India buying benefit the Anil Ambani group-led 126 multi-role Rafale Reliance Defence, which was selected fighter jets to aug- ment Indias MIG 21 The Indian government had earlier squadrons after a bid said that the offset deal was struck by Dassault Aviation. between the companies and the govt. Before the UPA govt. had no role completed negotla tions, its term ended Current controversy in 2014 to execute part of the offset contract A report by investigative website dent Francois Hollande as saying that Defence as Dassault's partner. The In Sept. 2016, the medlapart.fr, quoted ex-French presl- Indian and French governments, finally the Indian govt. proposed Reliance signed a 787 bn agreement for 36 Rafale jets in fly-away both governments did not condition. The deal any say in the also has a 50% offset decision clause to be executed by Dassault in part nership with Indian companies Defence Ministry has relterated that


  6. & Former French President Francois Hollande has claimed that the Indian government suggested industrialist Anil Ambani's company as the offset partner for the 7.87 bn deal to purchase 36 Rafale fighter jets. Mr. Hollande was the French President at the time the deal was agreed to in 2015. He told a French news outlet, Mediapart.fr, on Friday that his government didn't have "a choice" in the selection of Reliance Defence, the company owned by Mr. Ambani. "It is the Indian government who has proposed this service group and it is Dassault that has negotiated with Ambani. We didn't have a choice, we took the interlocutor that was given to us," he was quoted as saying. His comments fly in the face of repeated assertions made at the highest level of the Indian government that it was Dassault Aviation (DA) which selected Reliance Defence as its offset partner. Defence Minister Nirmala Sitharaman had stated that "no offset contract has been signed so far" and that an agreement between two companies does not require permission of the government.


  7. As per the applicable guidelines, DA is free to select the Indian offset Partners and provide their details at the time of seeking offset credits, or one year prior to discharge of offset obligation," the government had stated * Responding to Mr. Hollande's comments, the Defence Ministry tweeted that the statement was being "verified." "It is reiterated that neither [the] Government of India nor [the] French Government had any say in the commercial decision," the Ministry said. * Reacting to the revelations, Congress president Rahul Gandhi tweeted: "The PM personally negotiated & changed the #Rafale deal behind closed doors. Thanks to Fran ois Hollande, we now know he personally delivered a deal worth billions of dollars to a bankrupt Anil Ambani. The PM has betrayed India. He has dishonoured the blood of our soldiers."


  8. Cyclonic storm 'Daye' hits Odisha coast, triggers heavy downpour (Page-3) (GS-1) * Heavy rain lashed Odisha as cyclonic storm 'Daye' crossed the State at Gopalpur in Ganjam district on the small hours of Friday. Southern and coastal Odisha received heavy rain that caused inundation. About 150 people were shifted to safer places. There was, however, no report of any casualty, said Bishnupada Sethi, Managing Director of the Odisha State Disaster Management Authority. "The cyclonic storm moved west-north-westwards during the past six hours with a speed of about 23 kmph and crossed south Odisha and adjoining north Andhra Pradesh coast close to Gopalpur around 1.30 a.m. on Friday," said Mr. Sethi. The southern Odisha town of Jeypore recorded 290 mm of rainfall, Malkangiri 284 mm and Semiliguda 210 mm. Bhadrak, Balasore, Mayurbhanj and Puri districts also received heavy rain Road connectivity snapped at several places as rivers overflowed ih Malkangiri distict


  9. Submergence in low-lying areas of Bhadrak and Balasore has also been reported. The water level in the Jalaka river was at the 6.30-metre mark against the red level of 5.5 metres by 3 p.m. on Friday The water level was also rising in Budhabalanga and Baitarani rivers. There was no threat of a major flood in the State, said government sources. Gratuitous relief * After reviewing the situation, Chief Minister Naveen Patnaik sanctioned gratuitous relief for seven days at 360 per day per person and 45 per day for children below 12 years in Malkangiri district. The district administration was directed to reach out to the affected people and extend all assistance. * The Meteorological Department has forecast heavy to very heavy rain at isolated places as the system weakened into a depression.


  10. ISRO setting up launch pad for Gaganyaan mission (GS-3) (Page-5) The Indian Space Research Organisation (ISRO) is setting up a third launch pad at Sriharikota to undertake the Gaganyaan manned space flight programme, an ISRO official said on Friday. In addition, ISRO is scouting for a location on the western sea coast near Gujarat to set up another launch pad for Small Satellite Launch Vehicles (SSLV) Third launch pad "We have two launch pads currently, which are already full. A third launch pad is being set up for the human space flight. It will be ready in time for the mission," a senior ISRO official said. In the Independence Day address this year from the Red Fort, Prime Minister Narendra Modi had announced that an Indian will go to space by 2022.7 Following this, ISRO has announced an ambitious roadmap to put a three-man Indian crew in a low earth orbit for 5-7 days by the 75th Independence Day


  11. The SSLV is expected to reduce the launch time as well as cost less to launch small satellites, which are much in demand * "We have evaluated several locations. The first two SSLV launches will take place from Sriharikota. After that they will move to the new location," the official said.4 * ISRO is ready to transfer the entire SSLV "as a whole" to the private industry while the agency would provide the initial hand-holding. The SSLV is expected to be cleared by next year.