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7th August 2017 Part-1:Daily News Analysis
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Swiss Automatic Exchange of Information Agreement to check Money Laundering

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.

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virudhanagar distt. in Tamil nadu
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Zaranj-Deleram Highway in DEA - 2 dated 10th August
  1. DAILY NEWS ANALYSIS from THE HINDU 7TH AUGUST 2017 By JATIN VERMA Educator Unacademy For Daily The Hindu News & Editorial analysis- Visit my Unacademy profile-

  2. Page-1:Subsidise Rail Losses. The Prime Minister's Office (PMO) has directed the Ministry of Finance to fund the losses incurred by the railways in operating non-profitable trains on strategic lines and backward areas. . The directive ends a tussle that began after the merger of the Railway and Union Budgets, as the Finance Ministry discontinued the practice of providing annual subsidy to the railways. . PMO directed the Finance Ministry to reimburse the losses incurred on strategic rail lines discontinued following the merger of the Budgets. The decision comes as a relief to the railways, which feels that the social service obligation borne by it in running non-profitable lines of national and strategic importance should be funded by the Central government. The losses on operating the strategic lines accounts for a small fraction of the estimated over 34,000 crore borne by the railways towards social service obligation. . Every year, the Ministry of Finance reimburses the railways' operational losses incurred on six strategic lines and the lines in hilly, coastal and backward areas. . Standing Committee on Railways & Estimates Committee in their reports have also recommended that the railways should get back the money invested in loss-making lines of national importance.

  3. Revealed: 4,000-year-old bone jewel fashions. . Discovery of bone ornaments & Ancient jewellery in Telangana that go back about 4,000 years.In a find that has excited archaeologists, 50 pieces of bone ornaments have been found in a hamlet of Narmetta, an agricultural village on the outskirts of Hyderabad. e Shaped precisely like a rhombus with round holes in the middle and circular indentations, these are thought to have been used as jewellery. Samples of the artefacts are being analysed at the Centre for Cellular and Molecular Biology in Hyderabad 2005 Gachibowli megalithic excavation dated the earliest megalithic site to 2200 BC Such Bone ornaments have not been found till date in India. We had perforated teeth. Capstone found . Along with the bone ornaments,also unearthed one of the biggest capstones in the region. A 20-acre site at the farming village of Siddipet was excavated earlier, and in 2017, archaeologists began digging at a raised mound . Here, they found their first anthropomorphic menhir -an upright stone with human traits. Anthropomorphic menhirs have been documented at multiple locations in south India, dating between 1300 BC and 200 BC but this is a first for Telangana. . The 2.95-metre menhir was vertical.The tradition of anthropomorphic figurine worship continues among some tribes. So, I am not surprised at the finding.

  4. Page-7:After SC order, focus is on chemicals in firecrackers . The Supreme Court ban on the use of antimony,lithium, mercury, arsenic and lead in the manufacture of firecrackers to prevent air pollution has turned the focus on what chemicals are used to produce spectacular visual effects and noise. The Tamil Nadu Fireworks and Amorces Manufacturers' Association, which produces most of the fireworks in the country, says none of the specific products banned by the court are used. A Supreme Court Bench had on July 31, in an order, directed that no firecrackers manufactured by the respondents shall contain the chemicals in any form, whatsoever.The court entrusted the Petroleum and Explosive Safety Organisation (PESO) with the responsibility of ensuring compliancoe particularly in Sivakasi. Over 90% of cracker production is done in Sivakasi. Claim denied Incidentally, the court also noted it appeared that no standards have been laid down by the Central Pollution Control Board (CPCB) with regard to air pollution caused by the bursting of firecrackers

  5. Antimony sulphides are used in the production of the heads of safety matches, military ammunition, explosives and fireworks.Risks: The elemental antimony metal does not affect human and environmental health. Inhalation of antimony trioxide (and similar poorly soluble sulphides of antimony) is considered harmful and suspected of causing cancer. A mercury compound called "Mercury(II) fulminate" is a primary explosive It is extremely sensitive to friction, heat and shock and is mainly used as a trigger for other explosives in percussion caps and blasting caps Antimony Mercury Arsenic is generally non-combustible. But certain compounds of arsenic are highly explosive and figure on the health hazard lists of several countries and thinktanks.Arsine, for instance, is a flammable,pyrophoric, and highly toxic gas while being one of the simplest compounds of arsenic. Arsine is used as an agent in chemical warfare, thus several countries have regulations on its use owing to its highly inflammable nature. Arsenic The most common primary explosives are lead azide and lead styphnate, compounds of lead found in most heavy grade explosives. Due to its explosive nature, lead azide is used in most detonators to initiate big explosions. Lead styphnate is also an explosive used as a component in primer and detonator mixtures for less sensitive secondary explosives A highly volatile element, lithium is flammable, and it is potentially explosive when exposed to air and especially to water, though less so than other alkali metals Lead Lithium

  6. WHAT GIVES COLOUR TO THE FIRE-CRACKERS? Red Strontium salts (Nitrates, carbonates and sulphates of strontium) Calcium salts (Carbonates, chlorides and sulphates of calcium) Sodium salts (Nitrates and oxalates of sodium) Barium salts (Nitrates, carbonates, chlorides and chlorates of barium) Copper salts (Carbonates and oxides of copper) A combination of copper and strontium compounds he burning of metals like magnesium, aluminium and titanium) Orange Yellow Green Blue Purple White

  7. Page 10: MInister reaches out to Iran. . India and Iran remain committed to the Chabahar port project During the meeting, Mr. Gadkari also handed over an invitation to the Iranian President to visit India. Oil imports: In the past few months, India has also slashed oil imports from Iran by as much as 20% and is expected to lower its projected imports further in the wake of growing tensions between Iran and the U.S . On August 2, U.S. President Donald Trump signed into law new sanctions against Iran, indicating the tensions would rise further. India, which imported oil from the U.S. for the first time in July after PMs visit to the U.S., is increasing its oil intake from lraq and Saudi Arabia instead. Indicating the Iranian unhappiness over the moves, the government in Teheran cut down the credit period offered to the Indian Oil Corporation (IOC), and also inked an agreement for developing the Farzad-b gas fields to Russian company Gazprom, which India's OVL had expected to win, and had made an $I 1 billion development bid for. . Although India and Afghanistan have both ratified the Chabahar trilateral deal inked last year in Teheran by Mr.Modi, Afghanistan President and Iran's President, Iran's internal processes have not been completed yet On the political front too, Iran's Supreme Leader Ayatollah Ali Khamenei statements comparing the violence in Kashmir to that in Palestine suggested Iran's unhappiness over PM Modi's visit to Israel, and Mr. Gadkari's visit is seen as a bid by both sides to reset the relationship.

  8. . Page-10: Swiss happy with India's data security e Switzerland found India's data security and confidentiality laws "adequate" for entering into an automatic exchange of information pact, which will open a continuous access to details about alleged black money hoarders in once secret Swiss banks. Swiss government has also cited decisions by other financial centres like Liechtenstein and Bahamas to enter into similar pacts. Besides, Switzerland also took note of the U.S. tax authority, the Internal Revenue Service (IRS), recognising India among the countries that provide an "adequate degree" of data protection for mutual exchange of tax information The fact sheet and the notification also talks about Switzerland looking to explore greater access to the Indian market, including the reinsurance sector and other financial services. . The Swiss Federal Council ratified automatic exchange of financial account information with India and 40 other jurisdictions to facilitate immediate sharing of details about suspected black money. . The issue of black money has been a matter of big debate in India, and Switzerland has been long perceived as one of the safest havens for the illicit wealth allegedly stashed abroad by Indians. The notification follows hectic parleys between India and Switzerland for introduction of the AEO Automatic Exchange of Information) on tax matters under the guidance of G20, OECD and other global organisations

  9. Jaguar jets still flying without autopilot: CAG One of the frontline fighters of the Indian Air Force, the Jaguars,are still flying without autopilots. Function: An autopilot reduces the pilot's workload, enhances safety of aircraft and cuts aircraft accidents. Jaguars acquired in the 1980s are of older vintage and lack autopilots. In 1997, the IAF had projected a requirement of 108 autopilots for 108 aircraft but only 35 autopilots were contracted in August 1999 due to "resource crunch" at a cost of 37.42 crore which were delivered between 2006 & 2008.A repeat contract for 95 autopilots was concluded only by March 2014 Out of 35 autopilots procured earlier,only 18 could be integrated on the Jaguar aircraft as of March 2017 The integrated autopilots were also functioning sub-optimally due to malfunctioning of their vital component i.e.Auto Pilot Electronic Unit In addition, 30 autopilots received through the repeat contract are yet to be integrated sabe inegrted, t Electronic Urictioning sube ntegrated on the oniy by March 20/e Thus,as on October 2016,IAF had a holding of 1 17 Jaguars, but only 18 could be upgraded with autopilot capability. Even these autopilots were working sub-optimally due to malfunctioning of their APEUs. . In addition to autopilots, the IAF is undertaking a major modernisation of the Jaguar fleet, which also carry nuclear weapons, with new avionics and sensors to keep them flying for another two decades. The Jaguars have an underpowered engine. Flying aid capability envisaged by IAF for the Jaguar aircraft in 1997 remains largely unrealised even after 20 years.Meanwhile,IAF had lost 3 Jaguar aircraft and one pilot since April 2008 due to pilot disorientation /human error whereas loss of another four Jaguar aircraft was under investigation as of October 2016.

  10. e High Courts oppose all-India judicial service Nine high courts have opposed a proposal to have an all-India service for lower judiciary, eight have sought changes in the proposed framework and only two have supported the idea. The document, sent to all members of the parliamentary consultative committee on law and justice, also states that most of the 24 high courts want control over the subordinate judiciary. Government has given a fresh push to the long-pending proposal to set up the new service to have a separate cadre for lower judiciary in the country.The idea was first mooted in the 1960s. The Allahabad, Chhattisgarh, Himachal Pradesh, Kerala, Manipur, Meghalaya, Orissa and Uttarakhand high courts have suggested changes in age at induction level, qualifications, training and quota of vacancies to filled through the proposed service. Most of the high courts want the administrative control over the subordinate judiciary to remain with the respective high courts. There were vacancies of 4,452 judges in subordinate courts in the country as per the figures released on December 31,2015.While the sanctioned strength is 20,502, the actual number of judges and judicial officers in subordinate courts is 16,050. Adoption of the model followed by the Central Board of Secondary Education (CBSE) for conducting the National- Eligibility-cum-Entrance Test (NEET) for admission to undergraduate and postgraduate medical courses could also be explored.

  11. Chrome File Edit View History Bookmarks People Window Help * 70%80 wed 9:53 PM Socio , M Inbox x UPSC Secure 1 unacademy a Search Courses, Topics & Educators Jatin Explore O credits Jatin Verma Follow Worked at Citi Bank. Books, movies, travelling, share trading. Have appeared in UPSC CSE twice. Preparing again. Activity 29 Courses 128,9k Followers5 Following Impact Jatin Verma added a new lessorn 1h 3,024,634 9th August 2017 Editorial-1: Food for Action (on NFSA) National Food Security Act 2013: A Complete Analysis Jatin Verma replied on a comment 2h "sir will this state food commission be a quasijudicial body??" -Harpreet Singh Kalsi Jatin Verma 2h you can say. in loose sense of the term, though. Show Al

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