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27th October 2018 Part-2: Daily News Analysis
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## 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
Huge Thnx. :) but before yous lesson aired on this platform I have filled my form.
Kapil Kathpal
2 years ago
Thank you Dear :) Best wishes for the Exam...!!! Stay Tuned...!!!!
Didn;t expect such course as taken by SC. Disappointing. As rightfully pointed out, who would talk about the jurisdiction of CVC. It's just that we will while everything that government does today will be correct.
1. but th Important News Articles Taking Delhi/Noida edition as the base 1. Page 1: Sri Lanka unity govt. falls, Rajapaksa sworn in as PM 2. Page 1: SC sets deadline for Verma probe, curbs powers of Rao ph reve 3. Page 9: Supreme Court puts CVC, Verma on a tight leash 4. Page 9: SC order a positive step, says Centre 5. Page 5: IAF gets first overhauled Sukhoi 6. Page 5: Varsities having Ordinance need not follow central rules ink h cause 7. Page 5: 'Farm loan waiver not a permanent solution' 8. Page 8: Pakistan's ban on Saeed's outfits lapses 9. Page 10: China, Japan pivot to new markets 10. Page 11: RBI to inject 240,000 cr. in November 11. Page 12: Rise in input costs hits fertilizer units

2. but th Page 9: Supreme Court puts CVC, Verma on a tight leash The Supreme Court's 14-day time limit for an investigation into the allegations against CBI Director Alok Verma and the appointment of a former Supreme Court judge to oversee it have put him and the Central Vigilance Commission on a tight leash . eeThe order serves two purposes. 1. It addresses the CVC's grouse that Mr. Verma was obstructing its investigation and refusing to cooperate. The appointment of Justice A.K. Patnaik serves as an assurance against delay, a fair opportunity for Mr. Verma and not being authoritative on any authority of the Gol. ink h 2. The court did not stay the CVC order of October 23, divesting Mr. Verma of the functions and duties of CBI Director. It assured Mr. Verma that it will examine the legality of he being sent on leave but after the enquiry of the case. kand .The inquiry by the CVC is based on an August 24 letter it received from the Cabinet Secretary The October 23 order of the CVC divesting Mr. Verma of his functions and duties as CBI Director begins with a mention of the letter.

3. but th The order said the allegations against Mr. Verma are "serious in nature having prima facie vigilance angle" The CVC order concluded that Mr. Verma did not furnish documents despite repeated notices . phe Asthana's case reve . CBI Special Director Rakesh Asthana moved the Supreme Court on Friday against the Centre's decision to divest him of duties. . Claiming that he was a "whistle-blower" in the CBI ranks, Mr. Asthana sought the removal of the agency's Director Alok Verma. Mr. Asthana, in his petition, said he had approached the Central Vigilance Commission (CVC) on August 24 with the corruption complaint against the CBI Director. He accused the Centre of favouring Mr. Verma. cause

4. but th Page 9: SC order a positive step, says Centre The Centre has described the Supreme Court order seeking the completion of a Central Vigilance Commission (CVC) inquiry into allegations against CBI Director Alok Verma under court supervision as an "extremely positive development". nce Minister said that the government had no interest for or against any individual and . reve that it was interested in only maintaining the professionalism, the image and the institutional integrity of the CBI. He reasoned Mr. Verma and CBI Special Director Rakesh Asthana being sent on administrative leave saying an agency could not investigate into one's own conduct. Mr. Verma and Mr. Asthana came on the recommendation of CVC, he said the government had given effect to that order The Minister said the objective of the CVC direction and the government acting on it was that the truth be established, following the highest standards of fairness and the due process of law. pui

5. but th Page 5: IAF gets first overhauled Sukhoi .The IAFs Base Repair Depot (BRD), Ojhar in Maharashtra has successfully overhauled a Su-30 MKI aircraft. Indigenous overhauling in-house within the IAF, will significantly reduce the time and improve the availability rate of the overall fleet at a time when the service is a facing a drop in its fighter squadron strength, officials said The Su-30MKI procured from Russia and licence manufactured by HAL is the mainstay of reve the IAF's fighter squadron. India has contracted 272 aircraft of which over 240 have beern inducted into service. However their serviceability rate has been an issue of constant concern with availability rates dropping below 50% at one point and has improved to over 60% over the last couple of years. The target is to have fleet availability of over 75% ink h cause As part of the measures, in March 2017, India and Russia had signed two long term supply agreements for the Sukhoi fighter aircraft fleet to address issues of life cycle support and maintenance. These agreements cover about 57,000 spares and components related to the Su-30 aircraft To enable this deal, Russia changed its legislation permitting its companies to enter into direct agreement with foreign companies for long term support agreements. This was to cut the long and cumbersome procurement process of spares as India could not deal directly with the Original Equipment Manufacturers (OEM) but only through designated intermediaries like Rosoboronexport. ,

7. but th Page 5: Farm loan waiver not a permanent solution' Free power and farm loan waivers cannot be a permanent solution to the problems in the agriculture sector, Vice-President said, warning that populist poll promises could be damaging in the long term pHe said that a clamour for populism to win over people during elections will not solve the he # problem reve He was talking at an event organised to award the first World Agriculture Prize to agricultural scientist M.S. Swaminathan The prize, instituted by the private think tank Indian Council for Food and Agriculture (ICFA), includes a $100,000 cash award . cause He said one-time waivers would offer only short-term solace, as farmers required credit every year as banks also require repayment advanced for each loan. 8. but th Page 8: Pakistan's ban on Saeed's outfits lapses India questioned Pakistan's commitment to fighting terrorism following reports that Jamaat- -4 ud Dawa (JuD) and its associate group Falah-I-Insaniyat Foundation are no longer on the list of banned organisations. In a submission to the Islamabad High Court, the legal team representing Hafiz Saeed, reve accused in the 26/ 11 Mumbai attacks, said the Presidential ordinance of February 2018 that- put the organisations on the list, has lapsed, indicating that the government of Prime Minister Imran Khan has not extended the ban Hafiz Saeed's team had challenged the ordinance that was issued in February during the tenure of Prime Minister Nawaz Sharif. A report in Pakistan's Dawn said Imran Khan's government had neither extended the ordinance nor attempted to turn it into a law. Mr. Saeed, accused by India of masterminding the 26/11 terror attacks in Mumbai, argued in court that he set up Jamaat-ud Dawa in 2002 after severing ties with the banned organisation Lashkar-i-Taiba (LeT). India accuses LeT of committing terrorist attacks in Kashmir apart from being the tool for the Mumbai strikes. The developments reveal that the Pakistani position of not extending the Presidential ordinance is a complete turnaround from its submission to the international Financial Action ink h cause Task Force (FATF that put t on a "greylist" earlier this year. 9. but th Page T10: China, Japan pivot to new markets Faced with the threat of a trade war with the U.S., China and Japan have decided to work together to develop new overseas markets, by focussing on collaboration instead of competing with each other. pPrime Minister Li endorsed how ties between the two countries had pivoted from full-blown evalry to growing partnership, especially over the last two years. In his brief remarks, the Japanese Prime Minister said joint forays in third countries would now be one of the new templates of Tokyo-Beijing ties. Analysts say the Japanese Prime Minister's remarks showcase his "pragmatism" notwithstanding his strong nationalistic instincts. 29 . ink h cause New model . Japan's Kyodo news agency reported that by bolstering investment in other countries, Asia's I pur two biggest economies will aim to form a new model of economic cooperation between them. .The meeting between the two leaders was followed by the signing of a slew of agreements, which covered energy cooperation, military confidence building measures in the East China Sea, infrastructure development and joint development of hi-end technology. 10. but th .Focussing on cutting-edge know-how, an agreement was signed to establish a discussion platform on hi-end technology and intellectual property. The Chinese side hopes that such a forum would help make up possible shortages of U.S. components, in case the Beijing- Washington trade and technology war escalates. The two sides also signed an agreement on joint development of gas fields in the East China Sea an initiative that was stalled in 2008, when tensions over islands, called Diaoyu by China and Senkaku by Japan, spiralled. A decision has also been taken to launch joint search and rescue missions in these waters. .Analysts say China seeks Japanese companies to participate in its Belt and Road projects, cause especially in the financial sphere, to counter allegations that Beijing is deliberately pursuing "debt trap" diplomacy as a tool for exercising political control in developing countries. By entering into joint ventures, Japanese firms hope they can revive their flagging fortunes in new opportunity areas The two countries also signed a bilateral currency swap dealt of$26.7 billion - around 10 times as larger than a previous agreement that has expired. .Mr. Abe said Japan and China agreed to work together to open a hotline as soon as possible. That would help avert accidental clashes at sea and in the air.