Deepanshu Singh is teaching live on Unacademy Plus
EDITORIAL ANALYSIS OF NEWSPAPERS IN LESSTHAN 10 MINUTES 9th J resented E anuary, 2017 shu chrome
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EDITORIALS COVERED IN TODAY'S LESSON The Hindu - Revisiting a passage from India "Looking towards a greener future Livemint Will Aadhaar help the poor become cashless? Indian Express .A level playing field Next Door Nepal: Being with the force
QUESTIONS FOR ANSWER WRITING PRACTICE . Discuss measures to tackle the menace of air pollution in our metro cities like- Delhi, Mumbai and Chennai. Discuss alternatives and their feasibility in context of different challenges in each metro city.
LIVEMINT: WILL AADHAAR HELP THE POOR BECOME CASHLESS? o Will digital infrastructure backed by Aadhar mitigate the effects of Govts. Drastic measures? o Aim:- Potential of an Aadhaar-centred inclusion system to help unbanked communities deal with demonetisation, and ease their transition to a "cashless" economy. o Three constraints- Technology ownership- Di igital transactions- need a space to deposit digital money and a means to exchange it. o Cash needs to be first deposited in banks- paperwork, long queues-conflicting and incomplete information, many of the poor are unable to deposit their money. o Need of smartphone (17% Indians only) o The International Telecommunications Unit (TTU) calculates an ICT development Index- India is ranked 138 o problem lies in high inequality between computerised megacities and large unconnected peripheries also oAccess to informational networks- Low internet penetration worldwide, behind nations such as Gabon, Nigeria and Zimbabwe, which rank significantly lower on economic and human development. lack of operational information on how to handle the current cash crisis.
LIVEMINT: WILL AADHAAR HELP THE POOR BECOME CASHLESS? Infrastructural readiness- technology-enabled digital transactions should be in place nationally-24% of the Indian population lives without electricity (compared, for example, to 0.2% in China)-gaps in electrical and mobile coverage to technology failure,and Gaps in reliability-Recent studies show beneficiaries being turned down due hence being denied the food rations they are entitled to. o The constraints illustrated here reveal that the current Aadhaar-based system does not protect the poor from the backlash of demonetization Digitality is hence to be combined with other means to help those who bear the most severe burden of demonetisation
TH: Revisiting a passage from India (GS-2) What is this article is about?-It is about the Indian Diaspora and their problems and challenges they are facing and . how India can tap its diaspora for financial and intellectual benefits. Diaspora and what it is ?- K.C.Singh says Diaspora is an omnibus phrase where people of Indian origin emigrated to different parts of the world since 19th century Roughly it falls into two categories: pre- and post-Independence. The latter further subdivides into migration to the West, including Australia and New Zealand, and workers in the West Asian countries .Pravasi Divas: Pravasi Divas was celebrated on 9th January, because that day Mahatma Gandhi returned from South Africa in 1915, after satyagraha against the colonial and racist regime there. .Started in 2002,Prime Minister Atal Bihari Vajpayee decided to celebrate it annually by holding events including bestowing awards on prominent members of the Indian diaspora. This year it is the 15th edition of Pravasi Divas which is in Bengaluru. West Asia: 7 million Indian workers are working in West Asia, following oil cartelisation by the Organisation of the Petroleum Exporting Countries after the Arab-I Petroleum Exporting Countries after the Arab-Israel war of 1973 and the steep rise in oil prices. Challenges faced by Indians in West Asia: the shale oil revolution in the United States combined with slower global growth and environmental concerns has pushed the world into a post-OPEC phase and low oil prices. 2. the entire region to the west of India up to the Mediterranean is now swept by Shia-Sunni contestation and the challenge posed by radical Islam. Thus instability in this region. .
TH: Revisiting a passage from India (GS-2) 3. Losing jobs due to economic slowdown and Arabisation-more jobs to the locals, moreover lack of skills forcing them to do low quality work also exploitation by employers. . . How West Asia is changing? -From the economic boost which occurred due to oil they were able to create a tourism, . Abu Dhabi and Qatar-centres of culture and sports,civil aviation hubs- these are facing new challenges of conflict and . Indian Diaspora in Caribbean countries: Around 1833-1917 large number of Indians left for Caribbean since construction and regional trade boost, especially in the Gulf Cooperation Council. Shale revolution. abolition of slavery resulted in labour shortage. Persons of Indian origin have headed governments in some Caribbean countries such as Guyana and Trinidad and Tobago, cricket and Religion unites us, but -unable to build on that base by boosting investment and business links and better connectivity Indian Diaspora in USA,UK and Canada: Lobbying in the US has favoured for the US-Indian nuclear deal,2006 with US having the highest number of Indian origin persons ,around 4 million-new Co-op agreements, PM Modi's outreach has bridged some issues but looming issue of Hindutva. History- expulsion of Indians from Uganda by Idi Amin in the 1970s tested Indian diplomacy and its ability to protect the diaspora. India asked Britain to take care of it ,as most held British documents. India was unable to support 49 per cent of Indo-Fijians in their desire for a multi-ethnic government when, in 1987, Lt. Col. S. Rabuka overthrew the elected government . .
TH: Revisiting a passage from India (GS-2) Mauritius, with Indians constituting the largest group and 48.5 per cent of the population being Hindus, has seen the community consolidate political power, with strategic support from Indian governments. Located strategically in the Indian Ocean, this country has been an asset for India, safeguarding the Southern maritime flank. Fact:- Chief Justice of the Supreme Court, J.S. Khehar, hails from East Africa. Indian Diaspora Chinese Diaspora 15 million 50 million Thus China was able to grow fast using their diaspora to open up global supply chains and Chinese economic zones. Indian diaspora in the past were helpful in foreign exchange reserves issue. . But now they have to tap the intellectual and financial aspect globally,using the diaspora and thus a challenge for India. .India has to deal with it in a wise, pro-active, non-jigoistic tone and not in the Hindutva way.
TH: Looking towards a greener future (GS-3) Tapping the full potential of green bond market in India Green bonds-which finance environmentally friendly businesses and assets, have emerged as one of the key financing mechanisms driving the global economy's transition to a greener future First issued in in 2007 by two multilateral development banks (World Bank and European Investment Bank)- Subsequently, in 2013, corporates too started participating, which led to its overall growth. India- Yes Bank was the first bank to come out with a issue worth Rs 1,000 crore in 2015. Following this, few other banks too had green bond issuances. CLP India, was the first Indian company to tap this route. So far, Rs 7,200 crore has been raised via green bonds. Benefits- enhances an issuer's reputation, as it helps in showcasing their commitment to wards sustainable development. Rapid growth in green bond issuance in India and China, the Asian market has emerged as a frontrunner in the green bonds space. e Contributing to sustainable growth Green bond issuance in the country witnessed a 30 per cent year-on-year increase in 2016, cumulatively amounting to about Rs.18,131 crore India also witnessed its award-winning first green masala bond (rupee-denominated bond), with the IFC raising an off- shore rupee bond on London Stock Exchange for investing in Yes Bank's green bond. India the seventh largest green bond market globally- financing to sunrise sectors like renewable energy, thus contributing t India's sustainable growth Climate Bond Initiative report-Proceeds-62% to renewable energy projects, low carbon transport-17.5%, low carbon ngs-14%, 2.2% water management and waste management