DAILY SUMMARY AND ANALYSIS OF THE HINDU 25th June,2017 Presented by Amit Baghel
ABOUT ME Computer Science graduate from JIT, Noida Work experience of 2+ years in MNC Writer by passion, newbie in guitar and civil service aspirant Interest: Music, reading non fiction and watching TV series
Frustration again for India at NSG meet The annual plenary meeting of the Nuclear Suppliers Group in the Swiss capital of Berne on June 22 and 23 ended without agreeing on India's case for a membership, for a second year, though member states agreed to convene another meeting on the subject of non-signatories to the Non Proliferation Treaty, such as India and Pakistan, in another five months The NSG had discussions on the issue of 'Technical, Legal and Political Aspects of the Participation of non-NPT States in the NSG The "technical, legal and political aspects" phrase in the NSG statement is part of a process decided on in 2016, when India and Pakistan had both formally applied for membership to build criteria for admitting non-NPT members India's stand India would prefer to see a 'case-by-case" basis impeccable record on nuclear transparency compared to Pakistan, which is accused of nuclear smuggling. India would prefer to see a "case-by-case" basis membership process employed, given it has an China blamec India has blamed China for being the "one country" stopping the NSG from a consensus, and although other members are understood to have expressed their concerns on a non-inclusive process China has been prominent in objecting publicly, leading most experts to conclude the process won't be resolved quickly. The U.S. and western countries are not prepared to confront China on this issue at this time. The US. needs China to help deal with the Korean nuclear programme and Indian NSG membership is not a current priority. So [membership] is likely to be a long haul but we should insist that it remains on the NSG agenda.
Ordinance to amend SEZ Act likely The government is likely to bring in an ordinance by next week to amend the SEZ Act to bring it in line with the Goods and Services Tax (GST), due on July 1. The Commerce Ministry is working on the same, a source said. New 'Incredible India 2.0 campaign' on anvil The government is revamping its strategy to market India as a preferred destination for both foreign as well as domestic tourists, with an eye on doubling traffic from both segments. Why? Certain provisions in the special economic zone (SEZ) Act, 2005, are not consistent with the GST regime and need to be made compatible before the July 1 rollout date For instance, the duty drawback norms, under which an exporter is compensated for duties during the course of production of goods are required to be in sync with the new indirect tax structure. Under the current rules, SEZ units get a service tax exemption and the developers are exempted from customs or excise duty for development of zones for authorised operations A fresh Incredible India 2.0 campaign, backed by an interactive new website orn India's tourism hotspots are in the works and expected to be launched by September 27 this year, marked as World Tourismm Day. SEZ Act objective The Special Economic Zones Act, 2005 has been enacted with the major objective of generation of additional economic activity, promotion of domestic and foreign sources and creation of employment opportunities. This Act is unique as it helps in backward and forward, linkages of the economy
In Mumbai, Taj Palace gets a trademark West Bengal receives UN award for India's Trade Mark Registry has assigned an image trademark to Mumbai's Taj Mahal Palace hotel. This makes it the first structure in India girls' scheme to get such a trademark registration- one of many firsts of this landmark of the city and takes it into an elite group of trademarked structures across the globe, enhancing its stature in the international hospitality industry. The UN has awarded the 'Kanyashree Prakalpa' scheme of the West Bengal government that promotes girls' education. Why is the trademark so important? Usually, trademarks are only assigned to company logos and brands, entities that make goods or services that are bought and sold or the goods or services themselves. This is to protect these commercial entities from other commercial entities that may seek to use their goodwill and brand recognition Kanyashree Prakalpa seeks to improve the status and wellbeing of girls, specifically those from socio-economically disadvantaged families through Conditional Cash Transfers At its most basic level, the trademark means that no one or no the Tai Pa can make commercial use of images of the Taj Palace exteriors, without consent What does this mean for Taj Palace? This enhances the Taj Palace's place in the world: among the other well- known structures around the world with trademarks are the Empire State Building in New York City, the Eiffel Tower in Paris, and Sydney's Opera House
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UPSC 2018 mains; Doing 'The Hindu Newspaper Analysis' since June,2017. YouTube- Gurukul Prime.