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DAILY NEWS ANALYSIS from Hindu, Livemint, Indian Express 25th July 2017 By JATIN VERMA Educator Unacademy For Daily The Hindu News & Editorial analysis- Visit my Unacademy profile- www.unacademy.com/user/studiousjatin
Editorials to be discussed Today. 1. Lead Article: Taxing times for the States 2. Editorial- Network challenges 3. Opinion: Private healthcare with public money [Livemint]
Page-11: Opposition seeks scrutiny of Banking Regulation Bill. TG.S. Mains Paper-2: Polity & Governance] Union Finance Minister introduced the Banking Regulation (Amendment) Bill, 2017, in the Lok Sabha. The Bill seeks to authorise the RBl to resolve the problem of stressed assets, even as the Opposition demanded that it be sent to a standing committee for scrutiny. The Bill seeks to amend the Banking Regulation Act, 1942, and replace the Banking Regulation (Amendment) Ordinance promulgated in May. It allows the RBI to open an insolvency resolution process in respect of specific stressed assets. . The RBl will also be empowered to issue directives for resolution and appoint authorities or committees to advise the banking companies on stressed asset resolution. [Mandatory referringevery bill to Parliamentary Standing Committee] Page-Il: Centre examining NEET question papers: Centre was examining if the Tamil question paper of the National Eligibility cumEntrance Test (NEET) was different from the English paper.
Page-11: Admiralty Bill gets Rajya Sabha nod.[G.S. Mains Paper-2: Polity & Governance The Bill consolidates the existing laws relating to admiralty proceedings on maritime claims, admiralty Is and related issues. so repeals five obsolete British statues on admiralty jurisdiction in civil matters: (i) Admiralty Court Act, 1840 (ii) Admiralty Court Act, 1861, (iii) Colonial Courts of Admiralty Act, 1890, (iv) Colonial Courts of Admiralty (India) Act, 1891, and (v) Provisions of the Letters Patent, 1865, Features of Admirability Bill,2016: -Confers admiralty jurisdiction on Hig urts located in coastal states of India, thus extending their upto territorial waters. The jurisdiction will be extendable by the Union Government notification upto exclusive y other maritime zone or islands constituting part of India. to every vessel irrespective of place of domicile or -It applies to every vessel irrespective of place of domicile or residence of owner It does not apply to naval auxiliary, warships and vessels used for non-commercial purposes. -Inland vessels and vessels under construction are excluded from its application. -But it empowers Union Government to make it applicable to these vessels also by a notification. It lists the jurisdiction for adjudicating on a set of maritime claims. A vessel can be arrested in certain circumstances in order to ensure security against a maritime claim.
Background -India is a leading maritime nation and maritime transportation caters to about 95% of its merchandise trade volume. However, the admiralty jurisdiction of Indian courts under the present statutory framework flow from laws enacted in the British era. The repealing of five archaic admiralty statutes is in line with the Union Government's commitment to do away with archaic laws which are hindering efficient governance Another Bill: The Footwear Design and Development Institute Bill, 2017, as earlier passed by the Lok Sabha, is to establish it as an institution of national importance . Although all members supported the Bill, some said recent developments had an adverse impact on leather industry. Referring to the recent incidents involving"covw vigilantes" a member of Parliament sought protection to those engaged in the industry.
Business Page: IMF retains India 2017 GDP growth forecast at 7.2% The International Monetary Fund (IMF) has retained India's economic growth projections at 7.2 per cent in 2017-18, up slightly from 7.1 per cent in the previous year. However, the growth would accelerate to 7.7 per cent in 2018-19, IMF said while also maintaining the growth rate level projected in April India's economic growth slowed down to 7.1 per cent in 2016-17, sharply lower than 8 per cent in the previous year due to the effect of demonetisation. . The growth rate clocked in 2015-16 will not be achieved even in 2018-19, according to projections made by the IMF in its overview of the World Economic Outlook. capital expenditure the international organisation said. . The growth in 2016-17 would have been lower had the government not intervened in terms of drowth in lidia is forecast pick up further in 2017 and 2018 in line with the Apil forecast, . Despite China's growth projections being raised by a couple of notches, India's economy would still be the fastest growing among large economies. China's economy is projected to grow by 6.7 per cent in 2017, up 0.1 percentage points from the April forecast, and 6.4 per cent in 2018, up by 0.2 percentage points from earlier forecasts by the IMF
Other Courses by me: Mediumm Timings 1. The Hindu News Analysis 2. The Hindu Editorial Analysis 3. Daily PIB Summary Live Now. 4. Daily MCQs on Current Affairs 5. Yojana/Kurukshetra Analysis Coming son. [Hindi & 6. Indian Polity Crash Course 7. Most Important Current Affairs. [Hindi & English] 9.00 am [Hindi & English] 9.00 am [Hindi & English] 5.00 pm [Hindi & English]7.30 pm English] Ist Sunday [Hindi for now] [Hindi & English]. Periodic Periodic SndpMeely Er ecap of o lmoertane e Sunday-weekly DNA Review: Sunday-weekly Editorial Review: A re-cap of Most Important News of the week A re-cap of Most useful Editorials of the week For Indian Polity Crash course, Visit my Unacademy profile- www.unacademy.com/user/studiousjatin
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C secure https://unacademy. Jatin unacademy Explore a Search Courses, Topics&Educators O credits Jatin Verma Follow Worked at Citi Bank. Books, movies, travelling, share trading Have appeared in UPSC CSE twice. Preparing again Activity 20 Courses73.7k Followe5 Folowing Impact Jatin Verma added 2 new lessons 15m 1,307,471 6th July 2017 Part-2: Press Information Bureau Summary and Analysis Gold Bond series-2 6th July 2017 Part-1: Press information Bureau Summary & Analysis Insolvency& Bankruptcy Board of India; Presidential elections Facts and details not given in the basic books Jatin Verma added 2 new lessons 11h 7th July 2017 Editorial-2: Mr Modi in Israel Saudi Arabla-Palestine For Daily Multiple Choice Questions, Visit my Unacademy profile- www.unacademy.com/user/studiousjatin
For Indian Polity Crash course, Visit my Unacademy profile- www.unacademy.com/user/studiousjatin