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30th June 2017 Part-2: Daily News Analysis
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GST network explained; Input Tax credit explained

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.

Unacademy user
please correct me if i am wrong.. but what i have read in the news that India is the least impacted country by the ransomeware attacks ..there is port in the mumbai named jawahar lal nehru port which is the largest container port of India which is handed over for security to National cyber security chief... you are saying that India is the worst effected Country from ransomeware attack...???
Sandhya B
3 years ago
The report that India is not much effected by this ransonware is released by the Government. Today's report which says that India is worst hit in Asia pacific region is given by Symantic company
Sandhya B
3 years ago
BTW considering the size of the population of our country, even the effect on minute percentage of people will be interpreted big in global terms
we should rely on whom whether govt data or data realesed by any company of firm??? please guide me
Can someone please help me with the link of DNA videos of 25th and 26th June? Can't find those neither in Hindi nor under English section. Thanks!
Nothing against deepanshu sit but jatin sir's summary is much more comprehensive. I would be good if jatin sir continues it.
sir plz post the DNA as early as possible.because we dont get much time to cover the DNA.
Hi, it takes around 4 hours for me to complete the newspaper, how can i cut short?
  1. Daily The Hindu News Analysis 30TH June 2017 By Jatin Verma Educator Unacademy unacadem For Editorial Analysis & English video, Visit my Unacademy Profile-

  2. Page II:Army, PLA in a tug of war over Doklam Plateau The area has huge strategic significance for both India and China. . The Doklam Plateau,north of the trijunction between Sikkim, Bhutan and Tibet by Indian claim, is not just a disputed area, but has huge strategic significance for both India and China. . The few square kilometres of the plateau is witnessing a tense stand-off between detachments of the Indian Army and the People's Liberation Army (PLA) for the past few days. There have been several incidents that have culminated in the present situation: I. Bunkers destroyed: In recent days, the Chinese are believed to have destroyed temporary bunkers of the Indian Army, while the Indian Army is accused of objecting to a road construction by the Chinese side on the disputed area. 2. Finally, there was also an incident of jostling among the soldiers of the two sides.Wedged between Bhutan, India and China are few areas of dispute metres together accounting for just over 750 square kilo- For Daily News & Editorial Analysis, you can follow me on Unacademy

  3. Among the disputed areas is Doklam (also called Donglang in China), which is just about 90 square kilometres where the present dispute is taking pace. For Chinese to reach the China-Bhutan border posts, Doklam provides an easy way to construct their road, and they have been trying to do so. India has consistently objected to it. Not very far from Doklam is the strategically important Chumbi Valley in the Tibetan region, to which Chinese are now planning to expand their rail connectivity. The disputed area also provides, according to India perspective, a bigger buffer to its sensitive Chicken's Neck, or the Siliguri Corridor, which is an extremely narrow stretch of land that connects the north- eastern region to the rest of India. From the Chumbi Valley it is just a little over 100 kilometres away. Bigger buffer "Maybe 20 years down the line, once we develop our border infrastructure at par with the Chinese, we can be more welcoming of better connectivity and be relaxed about the dispute. Not for now." an ex-army officer with extensive knowledge of the India-China dispute said. For Daily News & Editorial Analysis, you can follow me on Unacademy

  4. Page I1: China denies its troops entered Bhutan territory Sikkim sector of the border "has a clear legal basis". According to the convention between China and Great Britain in 1890, the boundary of Sikkim and Tibet shall be the crest of the mountain range separating the border into the Teesta. China strongly denied that its troops had entered Bhutanese territory. > The Chinese foreign ministry promised to release pictures, seemingly as proof of Beijing's contention that Indian troops had transgressed into Chinese territory A 'direct violation' by China, says Bhutan Road construction by Bejing a ects the processof dlemarating boundary' Road construction by Beijing a ects the process of demarcating boundary' Bhutan accused China of directly violating the agreement between them by constructing a road inside its territory . In a strongly worded statement, Bhutan also asked China to stop constructing the motorable road from Dokola in the Doklam area towards the Bhutan Army camp at Zom- pelri, which, it says, affects the process of demarcating the boundary between the two countries. Contd.. For Daily News & Editorial Analysis, you can follow me on Unacademy

  5. Bhutan Foreign ministry said: Boundary talks were ongoing between Bhutan and China and both have writtern agreements of 1988 and 1998 stating that the two sides agree: I. To maintain tranquillity in their border areas pending a final settlement on the boundary question, and 2. To maintain status quo on the boundary as before March 1959 CHINY EPA R4 INDIE BIRMA Nath La AN NDIE For Daily News & Editorial Analysis, you can follow me on Unacademy

  6. Page 1l: Home Ministry to give security nod for GSTN [G.S. PAPER 2 & 3] . GSTN, a not-for-profit private limited company, has 5I per cent equity of five private institutions (i) HDFC Bank Ltd (10 per cent), (ii) HDFC Ltd (10%), (iii) ICICI Bank Ltd (10%), (iv) NSE Strategic Investment Corporation Ltd (10%) and (v) LIC Housing Finance Limited (11%) The Central government has 24.5% equity in the GSTN, whereas State governments, two Union territories and empowered committee of State finance ministers together hold another 24.5% stake. The Finance Ministry is looking into the GSTN with respect to economic security whereas the Home Ministry is examining threat perception to national security by any of the stakeholders in the company . The procedure for granting security clearance to the GSTN involves background checking of office- bearers and others concerned. For Daily News & Editorial Analysis, you can follow me on Unacademy

  7. Page 1l:Modi's visit to upgrade relationship with Israel Israel clears Strategic Partnership deal on non-security issues . Prime Minister Narendra Modi's visit to Israel next week will be reciprocated by Israel Prime Prime Minister Narendra Modis vist to lirael next weok will b reci Minister Benjamin Netanyahu later this year, "We are not looking at [Mr. Modi's] as a one-off visit, but a whole year to celebrate the 25th year of full relations between India and Israel. This significant visit, the first of an Indian Prime Minister to lsrael, takes place on the backdrop of marking 25 years of diplomatic relations between India and Israel, and will further upgrade the ever growing partnership between the two countries. d to a "Strategic Partnership" on issues like Water. Agriculture, Science and Technology, and Space. . Ties in more than 30 areas will be upgraded through MoUs on cybersecurity, agriculture, tourism, health, connectivity, education, Ganga rejuvenation and even"attracting Bollywood" For Daily News & Editorial Analysis, you can follow me on Unacademy

  8. . Both sides will also commit $40 million to an Industrial Research & Development fund to encourage applied scientific research, using Israeli innovation and Indian expertise. Israel has signed Strategic partnerships with Africa, China and Japan earlier. . But this one with India is much more comprehensive . The Ambassador said there would be"no defence component" to Mr. Modi's visit. . In April, India signed a $2 billion deal with an Israeli firm for advanced missiles. For Daily News & Editorial Analysis, you can follow me on Unacademy

  9. Page 12: World News- Trump travel ban comes into efect e Visa applicants from six Muslim-majority countries must have a close U.S. family relationship or formal ties to a U.S. entity to be admitted to the United States under guidance distributed by the U.S. State Department. the relationship with a US the ordinary course, rather than for the purpose of evading the E.O. . The six nations included in the executive order are Iran, Libya, Somalia, Sudan, Syria, and Yemen.

  10. 13 Business Page: GST transition to pose hurdles:ADB Probable Hurdles: I. Dual tax enforcement structure India has adopted whereby both States and the Centre would be in charge of enforcement. 2. Multiplicity of rates: The multiplicity of rates India has opted for the GST, would also be a challenge for offcils as vwellas businesses. 3. There is the tax on the output and the tax credit on input. Arriving at an effective pricing strategy in the GST era would be the most critical challenge for businesses and would impact their profitability, Some businesses can enjoy a reduction of tax burden from the previous multiple taxes to the GST, also be a challenge for officials as well as businesses.