Jatin Verma is teaching live on Unacademy Plus
DAILY NEWS ANALYSIS from THE HINDU 24th September 2017 By Jatin Verma Educator Unacademy
Page-l:Japan to fund mass rapid transit systems in Gujarat, Haryana Funds from a Japanese government loan will soon be utilised for the first time in the $100 billion, Delhi-Mumbai Industrial Corridor (DMIC) project. So far, the mega-project was being developed only with the Indian government's financial assistance. The DMIC: [i] spans six States (Uttar Pradesh, Delhi National Capital Region, Haryana, Rajasthan, Gujarat and Maharashtra) [ijlt uses 'the 1,500-km-long, high-capacity western Dedicated Railway Freight Corridor (DFC) as the backbone' and aims to be 'a global manufacturing and investment destination' Several rail links: A soft loan with concessional conditions to the tune of $4.5 billion to be extended by the Japan International Cooperation Agency (JICA), will shortly be utilised to develop two Mass Rapid Transit Systems (MRTS) one each in Gujarat and Haryana that will be part of the DMIC.
DMIC Industrial Corridor through Maps: hatinde Nain Da Rewari ala Jaisalmer Phulera Jai Jodhpur ra Jodhpur Kalkata Gwalior hans Ail Palanpur ota Kandta Amli Road , Sabarmati andhinagar Vadodara (Makarpura) OKandla hop Gothangam ba Rajkot Vadodara O Vasai Road J.N Port Arabian Sea DMIC Alignment Sura OGir Diu Nagpur Pune Sewagram Silvass r Have Deli-Mumbai Passenger Rall Link Junctions along DFC O End Terminals MUMBAI Foeder Rail Linkages
According to JICA, its ODA to India started in 1958 and so far around "2.75 lakh crore in ODA loans have been committed for development across various sectors." As per JICA, it is India's biggest bilateral donor. JICA loans/assistance are being used to facilitate development of Metro rail networks including in Delhi and the Western DFC [i] The MRTS in Gujarat will be 'at grade' (ground level) and link Ahmedabad to the Dholera Special Investment Region (DSIR). [ii] The MRTS in Haryana will be an 'elevated' one and will connect Gurgaon and Bawal (part of the Manesar-Bawal Investment Region in the DMIC). MRTS has been included in the JICA Rolling Plan' for the ODA loan. The length of these two MRTS projects will be 85 km each. Detailed Project Report (DPR) for the MRTS was ready and land was being acquired. Grant-in-aid:According to the Commerce and Industry Ministry (the nodal body for industrial corridors), the financial assistance for the DMIC project is to be in the form of grant-in-aid worth 17,500 crore-as a revolving fund'.
What is ICA: The JICA is the Japanese governmental agency in charge of implementation of Japan's Official DevelopmentAssistance (ODA)-with the main objective of"promoting economic development and welfare in developing countries The interest rate of the loan (in Japanese Yen) will be kept 'very low (at 0.1%) and have a long, repayment period (at 40 years, including a 10-year grace period). Two channels of lapanese funding: Japanese government had announced financial support for the DMIC project to an extent of $4.5 billion in the first phase for projects with Japanese participation through a mix of JICA and Japan Bank for International Cooperation (BIC) lending. Also, the BIC currently holds 26% equity in the DMIC Development Corporation (the SPV which is the DMIC's project development agency) aggregating to R26 crore The Indian government holds 49% equity in the DMICDC, while the remaining is held by HUDCO (19.9%), ll FCL (41 %) and LIC (1 %).
IYB type info... Housing and Urban Development Finance Corporation Private Limited was registered in l970, as a private limited company under the Companies Act, 1956. Subsequently, the name of our Company was changed to its present name, Housing and Urban Development Corporation Limited and a fresh certificate of incorporation was issued in 1974 by the then Registrar of Companies, Delhi & Haryana. .HUDCO was notified as a public financial institution under Section 4A of the Companies Act, 1956 in 1996, by the Department of Company Affairs, Ministry of Finance. Further, the National Housing Bank issued a certificate of registration to it in 2001, permitting it to carryoan the business ofa housing finance insitution.
Page-9:Child mortality on the decline, says study . India's child mortality rate has always been a cause for concern, but a recent study published in the medical journal Lancet suggests that the situation may be changing for the betten The Million Death Study titled "Changes in cause-specific neonatal and I-59 month child mortality in India from 2000 to 2015: a nationally representative survey' was published online by the Lancet on September 19 The study tracking 52,252 deaths in neonates and 42,057 deaths at I-59 months has been funded by National Institutes of Health, Disease Control Priorities Network, Maternal and Child Epidemiology Estimation Group, and the University of Toronto. Findings: [ilThe study shows a significant decline in cause-specific child mortality rates between 2000 and 2015 in the country. [i] Tamil Nadu, Karnataka and Maharashtra have shown remarkable progress between 2000 and 2015 [iii]The faster declines in child mortality after 2005 (average annual decline of 3.4% for neonatal mortality and 5.9% for l to 59-month mortality) suggest that the country has avoided about one million more child deaths compared to the rates of progress in 2000-2005.
Premature births. However, on a sobering note, in the same period, deaths due to premature births or low birth weight rose from 12.3 per 1000 live births in 2000 to 14.3 per 1000 live births in 2015.The increase was driven mostly by more term births with low birth weight in poorer States and rural areas. Taking note of the progress in three States during this period, the study says that "if all States of India had achieved the declines seen in Tamil Nadu, Karnataka, and Maharashtra, nearly all States of India would have met the 2015 Millennium Development Goals. India's child mortality rate per thousand live births has fallen by 62% from 125 per thousand live births in 1990 to 47 per thousand live births in 2015.This is slightly less than the 2015 Millennium Development Goal of a 66% reduction. What conclusion can we draw? To meet the 2030 Sustainable Development Goals for child mortality, India will need to maintain [ilthe current trajectory of I-59-month mortality and [ii]accelerate declines in neonatal mortality (to >5% annually) from 2015 onwards. [ ]Continued progress in reduction of child mortality due to pneumonia, diarrhoea, malaria, and measles at 1-59 months is feasible. [iv]JAdditional attention to low birth weight is required.
Page-11: U.S. Secretary Mattis to meet PM, Defence Minister. In the first-ever Cabinet level visit from the Trump administration, U.S. Secretary of Defence Jim Mattis will be in New Delhi for a series of meetings with PM and Defence Minister. Indications are that he could stop over in Kabul before reaching New Delhi. It said the Secretary would emphasise that the United States viewed India as a "valued and influential partner, with broad mutual interests extending well beyond South Asia Mr. Mattis will also express American appreciation for India's important contributions toward Afghanistan's democracy, stability, prosperity and security. Joint Exercise under way le, the two sides are holding a joint training exercise, Yudh Abhyas 2017, which began on September 14 in Washington State, U.S. The exercise is an "ideal platform for the two countries to share their expertise on military operations The theme of the exercise is to build and develop positive military relations and inter- operability to conduct counter terrorism, counter insurgency, regional security operations and peace keeping operations under the UN Charter
Page-1l: India third in nuclear power installations: study. The World Nuclear Industry Status Report 2017 shows that India is third in the world in the number of nuclear reactors being installed, at six, while China is leading at 20. Findings: [i]The number of nuclear reactor units under construction is, however, declining globally for the fourth year in a row, from 68 reactors at the end of 2013 to 53 by mid-2017 ii] Most nuclear reactor constructions are behind schedule, with delays resulting in increase in project costs and delay in power generation. liijThere are 37 reactor constructions behind schedule, of which 19 reported further delays over the past year iv]Eight nuclear power projects have been under construction globally for a decade or more, of which three have been so for over 30 years. In India itself, five out of the six reactors under construction are behind schedule Russia and the U.S. shut down reactors in 2016, while Sweden and South Korea both closed their oldest units in the first half of 2017, the report notes.
The most decisive part of this report is the final section Nuclear Power vs Renewable Energy Development. It reveals that: [i] Since 1997, worldwide, renewable energy has produced four times as many new kilowatt-hours of electricity than nuclear power. [ii] The world no longer needs to build nuclear power plants to avoid climate change and certainly not to save money [iii]Data gathered shows that global nuclear power generation increased by 1.4% in 2016 due to a 23% increase in China, though the share of nuclear energy in electricity generation stagnated at 10.5%. [N] By comparison, globally, wind power output grew by 16% and solar power by 30%. [v]Wind power increased generation by 132TWh (terawatt hours) or 3.8 times, and solar power by 77 TWh or 2.2 times more than nuclear power's 35 TWh respectively. Renewables represented 62% of global power generating capacity additions.
When did Chakmas flee to India? . In the 1960s, over one lakh Chakmas and Hajong refugees, Buddhists and Hindus, fled to India from the Chittagong Hill Tract area in the then East Pakistan (now Bangladesh), facing religious persecution The areas where the Chakma-Hajongs lived was submerged following the construction of the Kaptai Dam. They were made to settle in the Tirap division of Arunachal Pradesh, then known as the North East Frontier Agency, administered by the Ministry of External Affairs through the Governor of Assam, Arunachal Pradesh became a Union Territory in 1972, which coincided with the formation of Bangladesh, and soon local political parties began protesting against the settlement of outsiders in the State. The agitation gained momentum in 1987 when Arunachal Pradesh became a State. What's the road ahead? The logjam persists even as the government looks for damage control. Govt says, Chakma- Hajongs were entitled to live anywhere in India but their stay in Arunachal Pradesh would violate the constitutional rights of indigenous tribes protected by Article 37 IH
Hindu Section-2 Page-l: Banished Manipuri script stages a comeback. The Manipuri script, over 3,500 years old by some accounts and edged out by a Bengali import, is on a revival course, with street signs, newspapers, literature and even records of Assembly proceedings adopting it. The script was lost to the speakers of the language when Shantidas Gosai, a Hindu missionary, spread Vaishnavism in the region in 1709, during the reign of Pamheiba. The King, who assumed the name Garib Niwaz, decreed its replacement with that of Bengali. . Books and other written materials in Manipuri were then incinerated. But many of his subjects opposed the imposition and continued to follow dual religions, Vaishnava and Sanamahi.They also preserved the Manipuri script. June 20 marked a milestone in the revival efforts, when college teachers completed a 10-day reorientation programme Manipur's Education Minister said it is a must for college and university teachers to be well acquainted with the Manipuri script. In due course, it will be taught at the university level.
A bulwark Iran, meanwhile, has been one of Assad's strongest backers since the crisis in Syria began in 201 I pumping billions of dollars into the economy and sending advisers as well as Iranian-backed fighters to help him stay in power Hezbollah sent thousands of fighters, helping tip the war in Assad's favour against the rebels and is now helping in the fight against the Islamic State The reconciliation attempt comes after Hamas elected a new leadership and its main backers _ Qatar and Turkey, both strong supporters of the rebels in Syria have sought to improve relations with Iran. . Since Yehiyeh Sinwar took over Hamas leadership in the Gaza Strip n February, the group has been rebuilding those relations. e In August, a Hamas delegation visited Tehran and took part in President Hassan Rouhani's inauguration. This year, Hamas officials have held three meetings with Hezbollah leader Sheikh Hassan Nasrallah and relations have reportedly returned to normal.
West Asia: MILODLE EAST UZBEKISTAn TURKMENISTAN EGYPT SAU D I * .yadh ARABIA OMA SUDAN Arabian Sea