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24th April 2018 Part-2: Daily News Analysis
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Terms of Reference of Finance Commission

Jatin Verma is teaching live on Unacademy Plus

Jatin Verma
Have appeared in UPSC CSE thrice. Have been taking Unacademy Plus courses Academics- Polity, Economics & Current Affairs.

U
Unacademy user
Hi Jatin, DHamra & Paradip are name of the places not the rivers..May be bymistake you uttered
Pb
Palak bhardwaj
2 years ago
Dhamra is a river and port as well..
ohk thanks
Anushka Tiwari
2 years ago
LG bottling plant means ? please reply as soon as possible!
Anushka Tiwari
2 years ago
LG bottling plant means ? please reply as soon as possible!
Anushka Tiwari
2 years ago
LG bottling plant means ? please reply as soon as possible!
That was LPG bottling plant
PA
Prince Agrahari
2 years ago
refilling of LPG.
Ar
hello sir i am preparing for ias but now I am preparing for sbi clerk too it's right to prepare for two exam at a time
Jatin Verma
2 years ago
yes u can....
saubhagya scheme is available for both rural and urban household, not only for rural....
hi sir Here PMKVY -- Pradhan Mantri Kaushal Vikas Yojana. thank you
Mahanadi & Dhamra are not river ,they are ports in Odisha .
  1. want te be starting sa Page 2 North News: PM to launch Gramin Swarai Abhiyan from M.P. today . PM Modi will launch the Rashtriya Gramin Swaraj Abhiyan in Mandla district of MP on the at thh National Panchayati Raj Day and also take part in the Aadi Mahotsav, event, showcasing rich heritage of tribals in the region. , Road map re . PM l also unveil a road map for overall development of tribals during the next 5 years and will unveil a plaque to mark the laying of foundation stone of an LPG bottling plant of Indian Oil Corporation at Maneri in Mandla district. He will also launch a Local Government Directory e ar . In keeping up with the Government's commitment towards clean, healthy, and electrified India, ent the PM would felicitate the San panches of the villages which have achieved 100% smokeless kitchens, 100% vaccination under Mission Indradhanush, and 100% electrification under Saubhagva Scheme . The winners of Rashtriya e-Panchayat Puraskar, and Gram Panchayat Vikas Puraskar stay Yojana under Sarvasreshtha Panchayat Puraskar Yojana will be felicitated on this occasion . Ramnagar is situated on the banks of the Narmada river. A number of ancient monuments associated with erstwhile Gond (tribe) rulers are situated in the town, surrounded by thick forest tis


  2. want teo he starting Mission Indradhanush: Launched: 25 December 2014. Objective: To achieve full immunization coverage for all children by 2020 through a Catch-Up campaign at thh Mission Indradhanush, depicting seven colours of the rainbow, aims to cover all those children by e2020 who are either unvaccinated, or are partially vaccinated against seven vaccine preventable* he diseases which include diphtheria, whooping cough, tetanus, polio, tuberculosis, measles and hepatitis B The Ministry is technically supported by WHO, UNICEF, Rotary International and other donor e ar k h ent partners Saubhagva Scheme (Pradhan Mantri Sahaj Bijli Har Ghar Yojna): Launched: 25th September 2017. Objective: Bringing electricity to every household in a time-bound manner and to empower the rural youth: ur Ministry of Power joins hands with Skill India to support electrification scheme 'Saubhagyva' A special project under the PMKVY launched in 6 States Assam, Bihar, MP, Jharkhand, Odisha and UP. Around 47,000 Distribution Lineman-Multi Skills and Technical Helpers will be trained in these 6 focus states to give fillip to rural electrification. stay Aund 4 crore households are expected to get electricity connections under the scheme. tis


  3. to Page 3 East News: 'Cooperation can resolve Mahanadi dispute at thh With the dispute over Mahanadi river water sharing between Odisha and Chhattisgarh reaching a flashpoint, experts and civil society groups have urged the two governments to discuss all the contentious issues for a meaningful solution At the second Odisha river conference, experts said: te Competitive politics over the Mahanadi water sharing was only making the matter complicated and in the process, the rights of the river as an ecolog cal entity is getting hampered. While the dispute between Odisha and Chhattisgarh is rife, it is unfortunate that both the States are treating the Mahanadi as a commodity and not a natural resource. Although, Chhattisgarh has constructed many dams and barrages without the consent of Odisha and has obstructed a lot of water, but that does not conclude that Chhattisgarh has siphoned off water from Odisha's share. e ar ent There is a need for a comprehensive understanding and analysis of the impacts of all these structures and availability of water in the basin, the tribunal should decide how to make such an analysis and instruct Chhattisgarh to stop these obstructions if they are illegal The premise for the discussion should be cooperation, not conflict. There should be no Odisha-centric or Chhattisgarh-centric approach. People's rights on the river should be the guiding principle for dialogue. tis


  4. at thh Basantpur Mirauni hama-. Saradih Ka Paradp Olive ridleys nesting beach Devi river Rushikulya river eorinayaran--. cHHATTi^GARHirkudMAHANAD Gahirmatha re he Esar dredging site Samod ODISHA Posco port sie Mass nesting beache w e ar Sporadic nesting beaches k h Map not to scale Industrial barrages Mahanadi, the 6th largest river in India Tributaries It originates from Chhattisgarh and enters the Bay of Bengal travelling 851 km, of which 357 km lies in Chhattisgarh and 494 km in Odisha. Odisha has been grumblin that the Mahanadi is witnessing an 80% reduction of water flow in non-monsoon months while Chhattisgarh says it is only storing river water Mahanadi River & its enisa has been grumblnhathe svs it is only storing rver an Wle Chgarh say i i en thec


  5. want te be startin to Page 5 South News: Finance Ministers to discuss wider range of issues at thh To forge a unified stand against what the southern States see as a lopsided Terms of Reference (ToR) for the 15th Finance Commission, the horizons of the 2nd edition of the Finance Ministers '. conclave are being widened to pave way for the participation of other States such as Mizoram Odisha, Punjab and Delhi. he Tamil Nadu and Telangana, which skipped the first meeting at Thiruvananthapuram, are also expected to take part in the meeting. The meeting will also decide the course of action such as submitting a representation to Union* e ar k h ent Finance Minister or to the President. Kerala Finance Minister said: Every State, including the BJP-ruled ones, would be at the receiving end if the ToR were to be considered The ToR was a deliberate attempt to forcibly impose conditions on and cut down tax devolutions. It was expected that States would lose about *80,000 crore per annum, he said. The Centre has plans to do away with the revenue deficit grant, a constitutional right of the States. Their fiscal autonomy was a question as the Centre wants to narrow down their borrowing limit to 1.7% of the Gross State Domestic Product (GSDP) from 3% under the Fiscal Responsibility Management (FRBM) Act, he said Is


  6. want te be startin to Page 5 South News: Finance Ministers to discuss wider range of issues (contd. Kerala Finance Minister (Mr. Isaac)said: TOR . The Centre is attempting to reduce the States as glorified municipalities with its ill-conceived He added that Tamil Nadu would be the worst affected by the ToR's recommendation to use the the 2011 census. He said, Tamil Nadu is still a strange case. It has, nevertheless, lodged its protest against the ToR. Telangana did not attend with an apprehension that it was a south-north division. However,a Telangana is expected to participate this time k h ent The States would reduce the ad valorem tax on petroleum products if the Centre was ready to compensate the loss to that extent. Mere appeals to the States to reduce the tax would not suffice. The Centre should also bring down duties on petroleum products, he added. tis that en thec


  7. want te be startin to Page 5 South News: GI tag for Warangal dhurries brings hope to weavers at thh There's a ripple of excitement and sliver of hope in Warangal's artisan community as word spreads on the Geographical Indication certificate given by the Chennai-based GI Registry for Warangal dhurries. . The sellers said that they had to do all of their business through the handloom society. But now, th the GI tag, they would be able to market their products on their own, leading to better profits. he Only last year, some of the carpet sellers began using online platforms to sell their products. The shatranji carpets and jainamaaz prayer mats made in Warangal range in size from the smallest 2 feet by 3 feet to a massive 60 feet by 90 feet, examples of which are seen in some museums. Bright colours, geometrically repetitive patterns and interlocking zigzag motifs in cotton and jute are the signature styles of the carpets. One of the newest innovations by the weavers here is an adaptation of tie-dyed ikat techniques and hand-painted or block-printed kalamkari designs for the dhurries to save time and energy. e ar ent The weavers send the plain carpet to Machilipatnam and Pedana [famous for the kalamkari style] for colouring based on the design given by them. The sellers are expecting better business, especially if export orders pick up with the GI tag Interestingly, for the Great Exhibition of 1851 in London, two carpets woven in silk were sent from Warangal. Today, the bright red and yellow carpets are housed in London's Victoria and Albert Museum. . tis


  8. to Page 6 Nation News: Threefold solution for sugar payments crisis . A sugar cess, a production subsidy for cane farmers and a reduction of the GST on ethanol at thh have eroased i2a, on erun nill defalting.on asyments to fiamens, with dues now are 3 suggestions that a Group of Ministers will present to the Union Cabinet in an effort to resolve the crisis arising from sugar mills defaulting on payments to farmers, with dues now likely to have crossed *20,000 crore Minister for Consumer Affairs, Food and Public Distribution Ram Vilas Paswan said: The proposal is to reduce the GST from 18% to 5% . The government is looking for ways to incentivise value-added products, including molasses and te ethanol,_which could utilise the surplus harvest of sugarcane, and which would reduce the burden on the mills k h ent . Last month, the Food Ministry told Parliament that sugar mills had pending dues worth R13, 899 crore. Industry lobbyist Indian Sugar Mills Association estimates that figure has now crossed 20,000 crore. . Sugar production has hit record highs this year, crossing domestic consumption estimates and resulting in a crash in prices. According to Indian Sugar Mills Association (ISMA) data, sugar production up to April 15 stood at 299.8 lakh tonnes. That's already 50 lakh tonnes more than the government's estimated sugar consumption for the whole season, and 227 mills are still crushing cane. UP and Maharashtra had each produced almost 105 lakh tonnes by April 15 tis


  9. want te be starting sa to Page 7 Nation News: Reject death penalty ordinance: activists at thh . Jurists, social activists and families of child rape survivors have urged parliamentarians to reject the Ordinance on death penalty for rape of girls below 12 years and condemned it as a "populist move" which will prove "disastrous" for the safety of children. Pointing out that the punishment prescribed for rape of children below 12 years under the IPC and rethe POCSO Act is "stringent, sufficient and proportionate", they said the focus should be on reform of the criminal justice system so that trials can be completed in a time-bound manner and perpetrators do not walk free * President Ram Nath Kovind promulgated the Ordinance on Sunday, which was to be ratified by ae .ach por e ar k h ent Parliament within 6 weeks. . Death penalty diverts attention from problems ailing the criminal justice system such as poor investigation, lack of crime prevention and abuse of rights of victims," said former Chief Justice of Delhi HC e referred to the poorc n rate of 24% for cases under the POCSO Act and a high pendency of 89.6% and said there was a need to address these flaws. Lawyer Vrinda Grover said the provision of fast track courts in the Ordinance is misleading as there are not enough judges. Without investing in more judges it will be impossible to finish trials in two months, as laid down in the Ordinance, she said tis


  10. want te be starting sa Page 7 Nation News: SC to review order on dowry cases at th The SC reserved its verdict on a plea to reconsider a July 2017 order that banned immediate arrest of the accused under the stringent anti-dowry harassment law. The apex court, however, said that dowry has a "chilling effect on marriage". A 3-judge Bench, led by the CJI, reserved for judgment a bunch of writ petitions, filed challenging e July 27 order by another 2 judge Bench of Justices A.K. Goel and U.U. Lalit. The order had said that women were filing frivolous dowry complaint against husbands and in laws e ar Justice Goel's Bench said there should be no arrest of accused until the local Family Welfare Committees, set up by the National Legal Services Authority, composed of social workers. homemakers, retired persons, etc., vet the complaint ent The July 27 order said that: Criminal proceedings in dowry harassment cases can be settled and the accused can get bail Even the recovery of dowry articles should not be a deterrent for grant of bail stay The order was passed by invoking the extraordinary powers of the SC to administer complete justice under Article 142 of the Constitution tis that


  11. want te be starting sa to Page 7 Nation News: SC to review order on dowry cases (contd.) at thh . CJI Misra said his Bench is not sitting in appeal over the order passed by Justice Goel's Bench. They will only see if the order was passed to fill gaps in the law: was the order permissible under Article 142: and whether that order takes out the spirit of Section 498A," he observed. . The Centre said that the order was not "practical", setting of family welfare committees and tre monitoring them were not "implementable" * Senior advocate Indira Jaising, for a petitioner, said the court should lay down directions only if there was a vacuum in law Section 498A (dowry harassment) of IPC protects gender Justice and rights. There should not be " any kind of cruel treatment of women. But the liberty of husbands is also a factor. CJI wondered whether both can be juxtaposed or reconciled. One of the Senior advocate objected to how the order bars the issuance of Red Corner Notice and submitted that investigation of a crime is the police's job and not that of a family welfare e ar ent e, which is composed of non-legal persons. . Earlier, CJI Misra had said that the July 27 order blunted the purpose of Section 498A as an effective law to protect human rights of married woman who live in torture. tis that en thec


  12. to Page 10 News: Defence Minister leaves for China at th Defence Minister Nirmala Sitharaman left for China on Monday on a three-day visit during which the ongoing efforts at resetting India-China relations would be a major focus. . . Ms. Sitharaman's April 23-25 visit is to participate in a preparatory meeting for the upcoming summit of the Shanghai Cooperation Organisation (SCO) re he Modi to attend SCO meet . The 8-member SCO summit is scheduled for June in the Chinese city of Qingdao. PM Modi is expected to attend it. . Ms. Sitharaman would hold meetings with Chinese leaders. External Affairs Minister Sushma e ar k h ent Swaraj and National Security Adviser Ajit Doval are among the senior officials to visit China in recent days, as India and China attempt to reset the ties damaged by last year's Doklam standoff , and related developments. . The militaries are also engaged in reviving the friendly engagements they had. As a major step, the two sides will resume their bilateral exercise 'Hand-in-Hand' this year, officials said. tis that


  13. want te be starting sa Page 10 News: SC notice to govt. on petition to outlaw Section 377 (contd . While the court noted that Section 377 punishes carnal intercourse against order of nature, it added that "the determination of order of nature is not a common phenomenon. Individual autonomy and individual natural inclination cannot be atrophied unless the restrictions are determined as reasonable". r It observed that what is natural for one may not be natural for the other, but the confines of law cannot trample or curtail the inherent rights embedded with an individual under Article 21 (right to life) nt. LIn nd that en thec


  14. Page 13 Business News: India highest recipient of remittances i th India retained the top position as a recipient of remittances with its diaspora sending about $69 billion back home last year, the World Bank said. . Remittanc es to India picked up sharply by 9.9%, reversing the previous year's dip, but were still short of $70.4 billion received in 2014. v In its latest Migration and Development Brief, the World Bank estimated: . Officially recorded remittances to low-and middle-income countries reached $466 billion in 2017. . Global remittances, which include flows to high-income countries, grew 7% to $613bn last year, . The stronger-than-expected recovery in remittances was driven by growth in Europe, Russia and ui The rebound in remittances, when valued in U.S. dollars, was helped by higher oil prices and a India continued to top in terms of receiving remittance, and was followed by China (S64bn), This was an increase of 8.5% over $429 billion in 2016. from $573bn in 2016. the U.S. nd strengthening of the Euro and the Ruble, it added. the Philippines (S33bn), Mexico (S31bn), Nigeria ($22bn) and Egypt (S20bn). that


  15. In its latest Migration and Development Brief, the World Bank estimated (contd.: Barriers to reducing costs are de-risking by banks and exclusive partnerships between national post office systems and money transfer Operators Remittances rebound India's remittance inflows increased 9.9% in 2017 after a steep decline in the previous year. The rebound is driven by economic growth in the U.S. and a rise in oil prices. India continues to be the country with the highest remittance inflows These factors constrain the introduction of technologies, such as mobile apps and the use of cryptocurrency and blockchain in remittance services 72($ bn) 70 68 69.90 70.40 68.90 68.90 nt. 64 nd 62.70O 62 2013 2014 2015 2016 2017 SOURCE: WORLD BANK REPORT that en thec


  16. want te be starting sa Page 13 Business News: Central bank's mixed signals make bond markets jitter i th India's bond market has plenty of reasons to cheer if recent policy developments are anything to go by, but market participants say mixed messages from the central bank have left investors nervous and confusecd. . The RBI had in early Apri, relaxed accounting rules around bond losses and raised the foreign debt investment limit, which is supportive for the sovereign debt market. . But while government bonds rallied briefly on these developments, a lack of direct RBI intervention in open market operations (OMO) has left state banks, the largest group of sovereign bond investors, confused and cautious. nt. . This in turn has added to market volatility and pushed yields sharply higher, impacting not only the govt.'s borrowing costs, but also interest rates in the overall economy at a time when the Indian economy is just beginning to rebound. Barclays India said that the lack of demand from public sector banks is clearly reducing trading risk appetite. If this continues then that will create more volatility . en thec that


  17. want te be starting sa Page 13 Business News: IntraState eway-bills: phase 3 to start Apr. 25 i th * The GST Council announced the 3rd phase of the roll-out of the e-way bill system for intra-State movement of goods. The system would become applicable for Arunachal Pradesh, Madhya Pradesh, Meghalaya, Sikkim and Puducherry from April 25, according to a statement from the Centre. While the system is applicable across the country for inter-State transport of goods, it is so far applicable for intra-State transport in Andhra Pradesh. Bihar. Gujarat Haryana. Himachal Pradesh, Jharkhand, Karnataka, Kerala, Telangana, Tripura, Uttarakhand and Uttar Pradesh * Till April 22, 2018, more than 1.84 crore e-way bills have been successfully generated, the nt. government said in a statement. Single system With the roll-out of the e-way bill system in these States/union territory,_it is expected that trade nd and industry will be further facilitated insofar as the transport of goods is concerned, thereby eventually paving the way for a single e-way bill system," it added. Unofficial data showed Gujarat topped the list in the number of such bills generated since April 1, when the system was rolled out. en thec that


  18. Page 13 Business News: India may drag U,S, to WTO on tariff . India would lodge a trade dispute against the U.S. at the WTO if Washington does not grant it India recently requested exemptions, arguing that its exports of these products to the U.S. did not exemptions from higher tariffs on steel and aluminium. create a security concern for a country with whom it has a strategic partnership that goes beyond trade. An internal note prepared by Steel Ministry, showed that the country could consider temporarily raising the basic customs duty on some U.S. goods in the event the exemptions were not granted. v Following an outcry over the U.S. tariffs announced in March, Mr. Trump agreed to suspend their imposition until May 1 for Argentina, Australia, Brazil, South Korea, Canada, Mexico and the EU, the biggest U.S. trading partner, in order to allow discussions to continue. "Why should there be artificial barriers when everyone else seems to be getting an exemption? We are not a security threat," one of the officials involved in the discussions said. India exported less than 1mn tonnes of steel to the U.S. in 2017, and was the 10th biggest supplier, according to an internal note prepared by the Steel Ministry Steel exports to the US. account for 2.2% of India's total steel exports, it showed. India's goods trade deficit with the U.S. fell by nearly 6% to less than $23 billion last year. nt. . . nd . that