DAILY SUMMARY AND ANALYSIS OF hat conidence n The billionsire Mr Bentusconl whe boastad earlier yetealay that markets trast hitm because he sa tyeiont, told trowth nade in New withtheonwetct igitot TH SEPTEMBER, 2 AMIT BAGHE
ABOUT ME EDUCATOR AT UNACADEMY SINCE JUNE,2017 KNOWLEDGE IS POWER . Computer science graduate from JIIT,Noida Work experience of 2+ years in MNC Published app developer, writer by passion Interest: Music,reading non fiction and watching good tv series Follow me for my other courses: https://unacademy.com/userAmitBaghel
Sept 7, 2017 NEWS Modi gives call to respect Myanmar's integrity .India said that it shares Myanmar's concerns over "extremist violence" in the Rakhine State, from where 1,25,000 Rohingya have fled to Bangladesh, with Prime Minister Narendra Modi urging all stakeholders to find a solution that respects the country's unity. . The two leaders also vowed to combat terror and boost security cooperation. 11 agreements were signed between the two sides in areas like maritime security, strengthening democratic institutions in Myanmar, health and information technology. India has pledged to help Myanmar in areas ranging from agriculture to skill development. . New Delhi has also moved to speed up connectivity projects with Myanmar, including the Asian Trilateral Highway project to link India and Myanmar with Thailand and beyond to Laos and Cambodia. India's total development assistance to Myanmar currently is about $2 billion.
CONTD HAP OF PROPOSED DOIA India-Myanmar-Thailand Trilateral Highway . The India-Myanmar-Thailand (IMT) trilateral MOREH INDIA) highway is a highway under construction that will connect Moreh, India with Mae Sot, Thailand via Myanmar. The road is expected to boost trade and commerce in the ASEAN-India Free Trade Area, as well as with the rest of Southeast Asia. MANDALAY (MYANMAR) India has also proposed extending the highway to Cambodia, Laos and Vietnam. YANCON MAE SOT (THAILAND) The proposed approx 3,200 km (2,000 mi) route from India to Vietnam is known as the East-West Economic Corridor (EWEC). BAY OF BENGAL
Sept 7, 2017 NEWS Corporate governance panel report to come by month . Uday Kotak committee appointed by the Securities and Exchange Board of India (SEBI) on corporate governance is expected to submit its report by the month-end. . 21-member panel includes representatives from companies, stock exchanges, professional bodies, investor groups, law firms, academicians, research professionals and Sebi officials. - The Koak panel was mandated to advise the markerts egulator: 1. Ensuring active participation of independent directors; 2. Improving safeguards and disclosures pertaining to related-party transactions; 3. Issues in accounting and auditing practices 4. Improving the effectiveness of board evaluation practices 5. Addressing issues faced by investors on votin,g 6. Disclosure and transparency-related issues.
Sept 7, 2017 NEWS Army supremacy has to be maintained: Rawat . India should be prepared for a two-front war despite its nuclear weapons, said the Chief of the Army Staff, General Bipin Rawat, even as he called for maintaining the "supremacy and primacy" of the Army in a joint services environment . Tri-service integration has been a touchy issue with the Navy and Air Force worried that their autonomy would be eroded. Background - There was speculations that India vwill son get a newtri-service chief, a four-star general like the Army, IAF and Navy chiefs, to ensure synergy in training, logistics, planning and procurements among the three forces. . In the longer run, the country will also have theatre commands to integrate the air, land and sea assets under single operational commanders for a greater military punch from limited budgetary resources. . At present, India has 17 single-service commands and only two unified tri-service commands in the shape of the Andaman and Nicobar Command (ANC) and the Strategic Forces Command (SFC)
CONTD.. While the SFC handles the country's nuclear arsenal through "land, air and sea vectors" The ANC is the only theatre or "geographical" command with all military assets placed under one commander-in-chief at Port Blair. Why a new tri-Service chief? Provide single-point military advice to government Bring synergy among 3 Services in doctrinal, planning, procurement & operational matters . Prioritize inter-Service procurements to build long-term military capabilities . Bette manage country's strategic resources & nuclear arsenal Integrate Service HOs with defence ministry & reduce civil-military divide . Around 70 countries (the US, UK, France, Germany etc) have CDS-like post for integration in military planning & operations
Sept 7, 2017 NEWS Attacks by cow vigilantes must stop, SC tells States The court exhorted the Centre to uphold its constitutional Keeping anti-socials in check Article 256 (Obligation of States and the Unlon) mandate under Article 256 and What the Supreme Court direction means: direct the States to act againstths u l omicenrin ah dintvlt te eatihe deis feeveryise as to a re the groups. It said the Centre could not remain silent, leavingasalu n fe everything to the States. The executive power of exercised as to ensure compliance with the laws made by Parliament and vigllantism are prevented All Chlef Secretarles to file asubmission In the SC theit apply In that State a status report ould issue directions on actions taken under Article 256 by thelr States toall States The Centre wll respond toany existing Laws which Tre executive power of the Union shall extend to the giving of such directions to a State as may appear to the Government of India to be necessary for that purpose . The Centre should reply to this met The Centre cannot remain slent, leavingeverything to the States. You have to stop it argument in the spirit of "co- operative federalism."
Sept 7, 2017 NEWS Focus on 'impactful' Smart City projects: Centre . The Housing and Urban Affairs Ministry has asked the State governments to push up implementation of impactful" projects which will get people talking about the Smart City Mission . The Centre and the State governments together have identified 261 projects worth 32,600 crore under this category. Majority of these projects are in the first lot of 20 smart cities announced in January 2016. Projects have been shortlisted without any clear definition of what "impactful" means . The list of "impactful" projects varies from Museum of Urban History in Bhubaneswar, to Adventure Park in Udaipur, to rejuvenation of water bodies in Coimbatore, to 5 km-long heritage walk in Warangal, to conservation of built heritage in Thanjavur, to redevelopment of world-famous Manikarnika Ghat in Varanasi. . Since the list of first 20 smart cities came out on January 1, 2016, questions have been raised on the mission. For one, the Smart City is a misnomer, because only small pockets of the city are to be developed. To accelerate work, the Ministry has now decided to award World Bank and AFD (Agence Francaise De t) funds on competitive basis.
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