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24th June 2018 Part-1: Daily News Analysis
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Hybrid Annuity Model

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.

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Hey guys ill be forever grateful if anyone is willing to share course with me Will return the favour by sharing other course videos thanking you
I am new to this course and I find it helpful because you relate the topic to previous year questions and also discuss the mark distribution and give a comparative analysis(as you gave in the case of plastics -comparing it to conventional and non-conventional energy sources). THANK YOU
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Hi I am interested to share GS-3 course above.. i had missed the deaqdline.. Will be happy to share with a friend
  1. GLORDaily News Analysis for Menday'ame forward to chester United So look forward to it LOBAI WARMING Paris Deal Walcott has top start sea ar stacea from THE HINDU Indian express, Tol, Livemint for 24th June, 2018 thi Parliamentary Committees hiet. ha Judicial Over-rea pho revern e gai CAG Slams Govt aybit hadhea Act East Policy hack Broady Oliseror s "arded by many also apur vDaily News Analysis Legislative been no itact Trom Adventurism .austrial Productio that it hac witten to for2 financial crisis Meltdowr. Is there a need for Stimulus China's Belt & Road By Jatin Verma

  2. To access: Searching for "jatin verma" - Daily Editorials EDUCATORS DNA - PIB Summary MCQs You can follow me Jatin Verma Mahesh Verma on Unacademy Facebook ID: jatinverma0509 academy

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  5. Plastic ban kicks off in Mumbai Life without plastioc DAY 1: ITS NOT FANTASTIC Commercial estabishments suffer losses as they were forced to turn away customers who did not have their own bags Restaurants, juice stalls and tea vendors stopped take-away services due to a lack The common man remains confused about the ban and alternative options HOW BIG IS THE PROBLEM Going green: Plastic constitutes 3% of 9,400 metric tonnes of garbage in Mumbai India produces overA woman carrying 25,000 tonnes groceries in a paper ! collected of plastic bag in Mumbai on Saturday. VIVEK BENDRE every day

  6. anted to show the boss whatcE s bnat th Page-1: Pak. pushes law ahead of FATF meet Facing grey-listing by the Financial Action Task Force (FATF) during its crucial six-day Paris meeting starting on Monday, Pakistan has notified the Anti-Money Laundering and Countering Financing of Terrorism Regulations- 2018, which it claims is fully compliant with the global the y hav phe watchdog's guidelines. The development comes amid a strong push by the United States, backed by the United Kingdom, Germany and France, to put Pakistan in the FATF 'grey list' for its failure to comply with the anti-money laundering and terror funding guidelines despite repeated attempts. Given that the electoral process for a new government in Pakistan will conclude on July 25, sources said, Pakistan could seek more time from the FATF for full compliance. Not ratified: Since the last FATF session, over the past few months, Pakistan President had a pu issued multiple ordinances in view of the FATF requirements However, its Parliament was yet to approve a proposed amendment that recognised all the UNSC declarations in Pakistan's Anti-Terrorism Act, promulgated as an Ordinance in February and laid in the Senate in April 2018 reve layer or us hink h cause l erent rk and

  7. On June 20, the Securities & Exchange Commission of Pakistan said it had notified the regulations that seek to make financial institutions more accountable in terms of money laundering and terror funding activities, it being "mandatory" for the country as a member of the Asia Pacific Group on Money Laundering. pDuring its last session, the FATF Plenary had decided to put Pakistan on the grey he list, subjecting it to direct monitoring and intense scrutiny by the International Co- reve operation Review Group on terror financing, pending further review during the June meeting Pakistan was placed on the same list from 2012 to 2015. .The case against Pakistan is its inaction against UN-banned terror groups like the 3 Taliban and Haqqani Network, Jaish-e-Mohammed, Lashkar-e-Taiba, Jamaat-ud Dawa and its affiliate Falah-i-Insaaniyat Foundation, besides terrorists like Hafiz Saeed and Masood Azhar. Earlier, the FATF had also sought an exhaustive report from the Asia Pacific Group on Money Laundering, focussed on measures taken by Pakistan against terror funding and money laundering. a pur .

  8. anted to show the boss whatcE s bnat th Page-8 South: Kerala acquires over 55% land for NH 66 widening. The Kerala government appears well on its way to achieve what used to be considered impossible by acquiring over 55% of the land needed for the four/six-laning of the National Highway 66 from Talapady in Kasaragod district to Kazhakuttam in y hav he Thiruvananthapuram district pho Overcoming several hurdles, including opposition from locals on the alignment, the Revenue Department could acquire l ,469 of the 2,629 hectares of land (55.87%) needed in 10 districts. layer Of the land acquired, 3(A) notification under the National Highway Act of 1956 has been hink h cause l erent issued for 848 hectares in the Central Gazette, and 3(D) notification for 274 hectares. The acquisition has come as a big relief for the State that is bracing to meet the September deadline for acquiring the remaining 1,160 hectares. . a pu On schedule: The National Highways Authority of India (NHAI), the executing agency, has rk and set December 2020 as the deadline for completing work on the NH 66 with a 'right of way' (RoW) of 45 m The land acquisition is "on track and is moving as per schedule."

  9. want to be starting ganses, beiag anted to show the boss whatcE to Fixing compensation: The 3(D) notification Four-laning and procedures to acquire land by removing the houses and other structures on the notified land will follow. This will be followed by the 3(G) notification to estimate the value of the land as per the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation Resettlement Act, 2013. The compensation to those being displaced will be awarded as per the recommendation of the Competent Authority for Land Acquisition (CALA) and will be intimated to the Ministry of Road Transport and Highways (MoRTH). buat th NH CORRIDORS Thalapad 130-km y hav reve he g 82-lam Vengalam slay puram pe ar 121-lkm ink h ause erent . Cherthala Du 6.8-km Alappuzha bypass8u t stay Kollam bypass

  10. want to be starting ganses, beiag anted to show the boss whatcE The MoRTH has to pay roughly Rs. 6 crore for acquiring 1 km of land in Kerala compared to 0 the Rs. 65 lakh in other States. The MoRTH is yet to respond to a government order of December 29,2017, to provide more compensation for those being displaced than cited in Schedule 2 of the 2013 Act in . 0 pe view of the peculiar situation in the State. Rs. 26,000 crore estimate: The Hybrid Annuity Model a mix of Engineering, Procurement and Construction (EPC) and Build, Operate, Transfer (BOT) Annuity models _ will be adopted by the MoRTH to execute the widening works, estimated to cost Rs 26,000 crore, under the Union government's Bharatmala Pariyojana scheme.

  11. want to be starting ganses, beiag anted to show the boss whatcE s bnat th Hybrid Annuity Model (HAM) Hybrid annuity means that payment is made in a fixed amount for a considerable period and then in a variable amount in the remaining period. This hybrid type of payment method is attached under the HAMM y hav . In Indian context, the new HAM is a mix of BOT Annuity and EPC models. As per the design, the government will contribute to 40% of the project cost in the first five years through annual payments (annuity). The remaining payment will be made on the basis of the assets created and the performance of the developer. Here, hybrid annuity means the first 40% payment is made as fixed amount in five equal installments whereas the remaining 60% is paid as variable annuity amount after the completion of the project depending upon the value of i ree . he p slay or us erent assets created As the government pays only 40%, during the construction stage, the developer should find money for the remaining amount. Here, he has to raise the remaining 60% in the form of equity or loans There is no toll right for the developer. Under HAM, Revenue collection would be the responsibility of the National Highways Authority of India (NHAI) . ap" rk and t sta .

  12. want to be starting ganses, beiag anted to show the boss whatcE Advantage of HAM is that it gives enough liquidity to the developer and the financial risk is shared by the government. While the private partner continues to bear the construction and maintenance risks as in the case of BOT (toll) model, he is required only to partly bear the financing risk. rch . Government's policy is that the HAM will be used in stalled projects where other models eare not applicable. rew pe ar locke stay par een t

  13. Page-7 North & East: Mahanadi row: Left protest against Chhattisgarh govt. at th Members of five Left parties staged a demonstration against the Chhattisgarh government in front of Raj Bhavan here, demanding a halt on the construction of dams and barrages on the upstream of the Mahanadi river. .The protesters from CPI, CPI(M), CPI(ML) Liberation, SUCI (Communist) and All India Forward Bloc- submitted a memorandum to Governor asking him to request the Central government to restrict Chhattisgarh from undertaking any construction over the river. They alleged that the Chhattisgarh government is constructing dams and barrages over the Mahanadi despite the Mahanadi Water Disputes Tribunal, constituted in March, looking into the row between the two States over the sharing of the river water he pe ar nk h The dams in Chhattisgarh have reduced the flow of river water in Odisha affecting the lives and livelihood of almost 2.5 crore people in 15 districts, alleged the agitating members. .Odisha not consulted' Of the 857 km length of the Mahanadi, Chhattisgarh and Odisha share 363 km and 494 km respectively Since 2003, the Chhattisgarh government has been constructing dams and barrages over the Mahanadi, basically to provide water to industrial houses, without taking the Odisha government into confidence," said Janardan Pati, a central committee member of the CPI(M). pur locke t stay

  14. want to be starting ganses, beiag anted to show the boss whatcE s bnat th Catchment Area (1,41,600 Sqkm WS of 50% of 48700 58% of tho UAS of the 34% of CA 24% of CA DPS of Hirakud upto y hav CHHATISGARH Tol Sub-basin 33760 70% of DS pho reve Catchment Area outside Orissa inside Orissa he g slay SEONATH ORISSA or us hink h cause h a pu Chilika Lake rk and t sta

  15. want to be starting ganses, beiag anted to show the boss whatcE The Chief Minister pointed out that technical problems in the implementation of water-sharing formula has not been addressed by the Centre and the "mistakes" in the guidelines need to be corrected. He, however, said appointment of the committee and the authority was under the court's directions and there was a "remote chance" of changing it But Karnataka will explore all issues that run against the State's interest legally and politically. Background: The Centre notified the formation of the CWMA and the CWRC, which will include representatives of the riparian States of Karnataka, Kerala, Tamil Nadu, and Puducherry. Members of three States, other than Karnataka, have been finalised . y hav pho he p layer reve. ope an or us hink h cause l erent .The notification said that .The committee would meet once in 10 days during June and October when the southwest . The meeting will be held at least once a fortnight but the committee will have powers to convene .In case of any exigency, a minimum of 48-hour notice wil be given for holding a meeting. and the northeast monsoon set in meetings as often as necessary. rk and It stay Authority's mandate: The authority's mandate is to regulate the storage, apportionment of the Cauvery waters, supervision of operation of reservoirs, and regulation of water release with the assistance of the committee

  16. want to be starting ganses, beiag anted to show the boss whatcE KARNATAKA ,PRADESH Sharing the Cauvery Andhra Pradesh KARNATAKA The river Rise in acreage ( Banglore Chenna Originates at talakaveri, InTamil Nadu Karnataka rishnaraja Sagar Late 1970s8lakh ha TAMIL NADU acoversarnataka Kerala, .2003-06201 khha TN and Puducher Mysore 21 tributaries In Karnataka (Mpysore region) construction of 1lakh ha after construcon Kabini 7distributaries Megaisue 192490 6050ha before 62 dams completed the KS dam (194ar Mettur Reservoir 33 n Karnataka Erode ofthe KRS dam 27 in Tamil Nadu 2 in Kerala 1 in Puducherryf2007 Cauvery Cauvery Disputes Tribunal Arabian Sea 500 Tmct water from the water in the Cauvery basin Cauvery, and the Mysore 740mct region100 mct Tamil Nadu 419 Tmct h1928,thecombined .Karnataka270Tmcft usage of bothregonsKeral Tmct was onlyaround 411 Kerla 30Tmct KERALA 88-924 Madural 9 Phase 1924-199) Tmcft nf water

  17. anted to show the boss whatcE to . Page-9: Governor undermining State's at th autonomv: Stalin Accusing Governor Banwarilal Purohit of working as an agent of the Centre and acting y hav phe against the State's autonomy, DMK working e president M.K. Stalin odemanded his reve layer resignation Black Flag March: Mr. Stalin, who led a flash protest condemning the arrest of DMK cadre stir against the Governor, told mediapersons that his party had been holding such protests wherever the Governor went on the pretext of reviewing administrative work. in Namakkal for holding a black flag hink h ause h erent a pu rk and

  18. treatof activist Rohit Choudhury has complained about Page-9: 'Rhino habitat under of mining' The lynching of two adventure enthusiasts a fortnight ago has put the focus on rampant mining, quarrying and stone crushing activities the non-implementation of the recommendations of the National Tiger Conservation Authority (NTCA) by the Assam government for stopping all mining, quarrying and stone crushing activities in the Kaziranga-KarbiAnglong landscape. e that are threatening the ecology of the he Kaziranga-KarbiAnglong landscape. Reports later suggested that they could have been silenced for knowing too much about illegal mining and stone quarrying while exploring the area around a waterfall named Kangthilangso. The area where the duo was killed is close to the Kaziranga National Park, home to the largest population of one-horned e an k h ent un *rhinos in the world. Outlining the threat posed to the rhino habitat, also a tiger reserve, environmentalist and RTI* ksa

  19. Page-12:12 WHO WHAT WHY WHEN WHERE Is external debt a cause for worry? [GSM-3: Economy] External debt is the money that borrowers in a country owe to foreign lenders. India's external debt was $513.4 billion at the end of December 2017, an increase of 8.8% since March 2017. Most of it was owed by private businesses which borrowed at attractive rates from foreign lenders. To be precise, 78.8% of the total external debt ($404.5 billion) was owed by non- governmental entities like private companies. The size of external commercial borrowings and foreign currency convertible bonds, which represents Indian companies' foreign borrowings, has risen from 99,490 crore at the end of December 2015 to R1,72,872 crore at the end of December 2017. While external debt may be denominated in either the rupee or a foreign currency like the U.S. dollar, most of India's external debt is linked to the dollar. This means Indian borrowers will have to pay back their lenders by first converting their rupees into dollars. As of December 2017, about 48% of India's total external debt was denominated in dollars and 37.3% in rupees. . . . . . .

  20. want te be starti But such forecasts are not always perfect. Unexpected changes in exchange rates could stll impose surprise gains or losses on them. Various emerging market currencies have seen a sharp fall in value this year against the dollar. The rupee, in particular, has fallen about 7% since the beginning of the year. The fall in the value of the emerging market currencies is due to increasing demand for dollars from investors, who wish to sell " their assets in the emerging markets and invest them in the U.S. where yields have been rising quite he rapidly. . What happens next? .The U.S. central bank, which has already raised its benchmark interest rate twice this year, is expected to raise rates two more times in the rest of 2018 Further interest rate hikes could cause more outflow of capital from the emerging markets, thus causing unexpected changes in borrowing rates and the value of the rupee. Both government and non-government borrowers in India, who are exposed to foreign debt, could , be in trouble in such a scenario. e an k h ent .The foreign exchange reserves, held by the Reserve Bank of India (RBI), were around S425 billion as on March 2018. ksa

  21. anted to show the boss whatcE imp s bnat th y hav pho reve he g layer or us hink h cause h a pu rk and

  22. .dI 8196 11:56 Thank you Jatin Verma 155k Followers Follow Ratings & Reviews Roman Saini A great course by Jatin Verma where he has literally covered all the important news from The Hindu. Must watch. Mohit Rai If i achieve my aim, my first salary will go to this great individual making this great informative and well-researched videos. I should take this opportunity to thanlk and congratulate him for the wonderful work he is doing for all the aspirants. He is meticulous and almost perfect in his approach and understanding. Please keep making such videos as a single 26k Enrollments Enroll