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6th September 2017 Part-3: Daily News Analysis
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Iran-India pipeline- The third alternative

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
Out of Curiosity One doubt .................If there is an undersea gas pipeline .....there will be lot of problems .......for eg:-- 1.Maintenance 2.What if Pirates or other countries tried to tamper pipeline.... .3.Ecological disturbance.... Etc... So how this pipeline will be feasible??& Better than previous projects.??
Hungry Lion
2 years ago
sensor use krte h.. water tight hote h ye
Rahul Anand
2 years ago
pirates are in deep ocean(far away from coast),but this pipeline is under sea(near coast,not very near,ie under control of naval force)
Sir, what is the difference between treaty, agreement, and convention? Or three of them are used synonymously?
Treaty , agreement and convention are basically synonyms of each other : Treaty : A legal binding between two states for a vital matter ( ex : Indus water treaty)....Agreement : we can use this term for mutual agreement between two people or two companies or two states....Convention : A bit less than a treaty, it holds lesser compulsion.
Mridula Bhatia
2 years ago
thank you. :)
sir I know a lot of work u hv to do.. ur personal lyf ND ur studies also... bt sir if u get time just continue mcqs on daily current affair... it ll b more dan enough... I hope mra kehena apko bura nhi lga hoga...
India is not a part of ASEAN but a trading partner of ASEAN.
hello sir here i want to asj one question bt that is apart from current affair so if u can give me a brief while teaching in dna of next day i follow it in daily basis my question is while studying PRI in laxmikant ine line was there ki this act 73rd changef repredentative democracy into participatory democracy .......if can tell me plss thankxxx
  1. DAILY NEWS ANALYSIS from THE HINDU 6TH September 2017 By Jatin Verma Educator Unacademy

  2. . Page-11: Panel appointed CVC by consensus, SC told A PIL petition filed by NGO, Centre for Integrity, Governance and Training in Vigilance Administration in 2015 challenging the appointments as "arbitrary, illegal and in violation of the principle of institutional integrity." The Centre told the Supreme Court that K. V. Chowdary was appointed Central Vigilance Commissioner (CVC), the chief of the country's top anti-corruption body, with the "unanimous consensus" of a high-profile committee led by the Prime Minister in June 2015. Attorney-General submitted that the track records of both Mr. Chowdary and T.M. Bhasin, one of the two vigilance commissioners at the Central Vigilance Commission, were vetted before their appointments S. was appointed the CVC on june 6. 2015,hic Bhaintook charge as the VC on AG further questioned the powers of the judiciary to review the appointments made unanimously by the PM committee, which also includes the Leader of the Oppositionand the Home Minister. The Bench responded that it did not, at this point, want to go into the "realm of merits of the candidates", but simply wanted to see whether the eligibility criteria were fulfilled at the time of appointments S.

  3. . 2011 P.IThomas Case: CVC appointment issue: . Even in 2011, CJI had asked the petitioner whether the Leader of the Opposition could be given veto power in the appointment of the CVC, Petitioner said the purposive interpretation would be that there should be unanimity in the choice of the person as otherwise the whole purpose would be meaningless and the government would always go by the majority opinion. . He said if there was no unanimity, the Prime Minister and the Union Home Minister could give reasons as to why the Leader of the Opposition was opposing a particular candidate and whether it was for any extraneous considerations. . The government appointed PJ Thomas as CVC despite dissension by the then LoR, who was one of the three members in the high-powered committee. . Back then, the primary issue was:Credibility & integrity of the Appointee This time the issue i: Can leader of Opposition exercise a veto in the appointment of CVC

  4. Guidelines framed in 2011 for CVC appointment: I. For future appointments to the CVC's post, candidates should not be restricted to civil servants alone and that people of impeccable integrity from other fields should also be considered Broadly highlight complete Annual Confidential Report, dossiers and CVs in case of government servant. The upper age limit of the candidate is understood to have been fixed at 61 years, with 33 years of experience in case of government officials. It has been proposed that a detailed note of applications received and rejected and the short-listing criteria also be put up before the final selection committee. Committee members who dissent or over-rule dissent must explain their reasons. Any relevant information should not be withheld from the selection committee. 2. 3. 4. 5.

  5. Page-13 Business Centre asks banks to restrict accounts of 2.09 lakh fi.rms The finance ministry has advised all banks to take immediate steps to restrict transactions in bank accounts of more than 2.09 lakh companies, whose names have been struck off the Register of Companies. Since such 'struck off' companies have ceased to exist, action has been initiated to restrict the operation of their bank accounts.

  6. Govt. to bring outpolicyto develop agri-clusters The Govt will soon bring out a policy to develop agricultural clusters and boost farm exports Minister for Commerce said: If there are clusters for industry, why should we not think about clusters for agriculture. Farmers have the right to access global markets and get better prices for their produce . At the multi-lateral level too there is work to be done to eliminate trade restrictions e On the World Trade Organisation-level negotiations, he said there will be a ministerial conference in Argentina in December. . Govt will ensure that Indian farmers get their due by getting better price from global markets This is going to be part of the strategy to increase farmers income in India.

  7. India to flag worry on pace of services talks at RCEP At the forthcoming ministerial-level meeting on the proposed Free Trade Agreement (FTA) involving 16 Asia-Pacific nations, India will raise concerns regarding the 'slow' pace of negotiations on services trade liberalisation as opposed to 'higher priority' being accorded to commitments to open up goods trade in the region. . The mega-FTA is also known as the Regional Comprehensive Economic Partnership (RCEP). . It involves the 10-member ASEAN bloc and its six FTA partners including India, China, Japan, South Korea,Australia and New Zealand. Commerce minister will be representing India during the fifth RCEP Ministerial Meeting, which is slated to be held on September 10 in Manila on the sidelines of the ASEAN Economic Ministers Meeting and related meetings with ASEAN's major trading partners.

  8. . Thel9 Round of the Trade Negotiating Committee-technical level talks were held in Hyderabad in July. India is learnt to be upset that other RCEP nations seem to be focused more on extracting as much binding commitments as possible on eliminating tariffs to open up goods trade instead of sticking to the RCEP 'Guiding Principles and Objectives' which state that the "negotiations on trade in goods, trade in services, investment and other areas will be conducted in parallel to ensure a comprehensive and balanced outcome. India will "talk tough and state that any more discussions" on opening up goods trade will be only after ensuring that negotiations on services trade liberalisation "catch up" with talks on goods trade. India is keen that in return for agreeing to open up goods trade (where most RCEP nations have an advantage), other member nations must commit to substantial liberalisation of services trade - including on easing norms on movement of professionals and skilled workers across borders for short-term work.

  9. . India is seeking support for its proposal on an RCEP Travel Card, for the purpose. RCEP negotiations on other issues such as Intellectual Property Rights and investment liberalisation are also not seeing much progress. e Regional Comprehensive Economic Partnership (RCEP) is a proposed free trade agreement (FTA) between the ten member states of the Association of Southeast Asian Nations (ASEAN) (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam) and . six states with which ASEAN has existing free trade agreements (Australia, China, India, Japan, South Korea and New Zealand)

  10. 'Undersea line from Iran to port cheap gas' A 1,300-km undersea pipeline from Iran, avoiding Pakistani waters, can bring natural gas from the Persian Gulf to India at rates less than the price of LNG available in the spot market, . Natural gas imported through the more than $4-billion line would cost $5-5.50 per milliorn British thermal unit at the Indian coast, cheaper than the rate at which some of the domestic fields supply gas. Liquefied natural gas, or LNG, imported through ships costs about $7.50 per million British thermal unit. 'Via Oman to Porbandar' The pipeline can first travel to Oman, and then onwards to Porbandar in the state of Gujarat. . The cost of landed gas through an undersea pipeline will be at least $2 cheaper than importing LNG, saving about $I billion annually. The subsea pipeline is being seen as an alternative to the on-land, Iran-Pakistan-India pipeline . Indiahas not been participating in talks on the 1,036-km Iran-Pakistan-India gas pipeline since 2007 citing security and commercial concerns. But, it has never officially pulled out of the $7.6 billion project.