DAILY SUMMARY AND ANALYSIS OF THE HINDU in Hindi 9'th June,2017 Presented by Amit Baghel
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Come next week, fuel prices will changeDGFT may come under Revenue dept daily The Centre is considering a proposal to shift the entire Directorate General of Foreign Trade (DGFT) Retail prices for petrol and diesel would be revised on a daily basis starting from June 16, compared to the present system where major oil marketing companies usually adjust prices on a fortnightly basis office to the Department of Revenue (DoR) from the Department of Commerce (DoC as part of measures to simplify processes relating to export and import The DGFT's role The public sector oil marketeers Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum launched a pilot project in May for daily implementation to in turn boost India's exports. It is dynamic pricing at petrol pumps in Udaipur Puducherry, manned mainly by the Indian Trade Service (ITS) Visakhapatnam, Jamshedpur and Chandigarh It includes Foreign Trade Policy (FTP) formulation and cadre officials, but is usually headed by an Indiarn Administrative Service (IAS) officer >This development follows the DoC recently seeking Based on the 'successful implementation' of the pilot project, the firms have decided to start daily revision across the country, to hive off non-core areas including FTP implementation. This is to better utilise the DoC's resources (including ITS cadre officials) in core focus areas' such as FTP formulation as well as in India's trade negotiations Trade facilitation Benifits Daily revisions will make retail prices more reflective of the current market conditions minimising the volatility in the retail sales price of petrol and diesel, Further, it will lead to increased transparency It will ensure greater ease of doing business, it will be better if the entire trade facilitation work is brought under a single interface India is currently ranked 130th out of 190 countries in the World Bank's (ease of Doing Business report Communication Oil marketing companies are taking steps to establish a mechanism for conveying the prices to consumers every 2017) and further lower at 143rd when it comes to day, including publishing them in newspapers, prominent trading across borders displays at retail outlets, and sending price-related data or The shifting of DGFT office would require SMS from centralised locations or mobile apps amendments in the concerned laws the Forei Trade (Development & Regulations) Act and the Customs Act.
A new cast of crabs in Western Ghats The Western Ghats biodiversity hotspot is in the spotlight once again, as scientists have discovered Karkata, a fresh genus, and six species from Kerala With the recent finding in Kerala, freshwater crab diversity in the State has risen to 34 species, the highest inthe country, Nearly 50% of crabs in the Western Ghats (27 of 47 species) occur here. Karkata, which stands for crab in Sanskrit, has been given a separate genus, indicating a higher order of distinctive features. It is endemic to the Western Ghats. One of its species, Kar k ata ghanarakta, was collected from the Thattekad bird sanctuary in Ernakulam district while the second, Karkata kusumbha was reported from Mankulam in ldukki district. The species name ghanarakta is derived from the Sanskrit for maroon colour of the crab Th colours of the creature that resemble the floral hues. afflo the The researchers found two new species in the genus Pilarta While Pilarta aroma inhabits cold water mountain streams in the Agasthyamala Reserve in Thiruvananthapuram, Pilarta punctatissima was collected from Ovumkal in the Thattekad sanctuary. Cylindrotelphusa longiphallus, came from deep burrows along paddy fields at Kuzhikattusseri, Thrissur. Another new discovery, Cylindrotelphusa breviphallus, is from Ponmudi in Thiruvananthapuram
Only PSUs may be let to make Oxytocin A 550-km pilgrimage led by white horses After being banned in retail markets, the Drug Controller will of The 11-day event from Ankali to Pandharpur has its roots in a 185-year-old tradition CC43H66N12012S2) to public sector undertakings PSUs) The drug is used by diary owners and farmers to bigger and fresher. Effect on child birth Numerous pilgrims trek to Pandharpur in Maharashtra every year in an annual ritual, but two members of their group are unique: a pair of horses from Ankali village in Belagavi distric ilk ve The two white horses walk with about 50 ilgrim s to Dnyaneshwar Alandi near Pune Oxytocin is a hormone known to trigger a wide variety of physical and psychological effects and is commonly used to facilitate childbirth. where Saint Dnyaneshwar is believed to have attained Samadhi > From there, the horses lead thousands of Misuse of Oxytocin believers carrying copies of the Guru's sandals to Pandharpur. The 550 km journey from Ankali to Alandi to Pandharpur is completed in 11 days. .It is leading to early sterility in milch animals at an unprecedented rate. Despite it being a Schedule H drug, it is impossible to prevent its manufacturing at reg health are humongous, from reproductive complications to hormonal imbalances Horse dance- Ringan', or the revolving dance of the horses in Pandharpur on Ashada Ekadashi day is a big attraction. A pilgrim rides one horse. while the other has no one astride- ince it is believed that divinity rides it . One major reason for such blatant misuse of this drug is the absence of robust veterinary services in India. It would be in the interest of the dairy industry and consumers to restrict manufacture and import of Oxytocin
2 States breach 3% fiscal deficit target $1 mn fund to bolster BRICS media While the Reserve Bank of India (RBI) had cautioned seven The Brazil-Russia-India-China-South Africa (BRICS) groupin During an inaugural session of the BRICS Media Forum in the Chinese capital. Cai Mingzhao, president of Xinhua News Agency and executive president of the Forum advise them, caution them, but can do nothing to stop them the plan will promote six objectives, including "balanced domestic product, States can take permission from the Centre for exceeding the 3% mark The proposal would also focus on The report said the GFD (gross fiscal deficit)-GDP ratio in 2015-16 (RE)breached-0e3%ceilingoffiscalprudencetor The BRICS media forum is the result of a joint initiative by Farm loan waiver scheme, implemented by some States and contemplated by others, have compounded the problem media from the State governments face severe resource constraints as their non-debt receipts were often insufficient for fulfilling their
Is the Paris Agreement necessary? LEFT The Paris Agreement was designed for and want this agreement to be ratified by his Senate. Once this happened, we knew that the Republicans would not accept it It committed US minimum emissions reduction there is a fundamental belief in the U.S. that negotiating climate change is "negotiating American lifestyle" This is why Bill Clinton agreed to the Kyoto Protocol (after diluting commitments), but George W. Bush did not ratify it; and Mr. Obama ratified the weak Paris Agreement, but Mr. Trump junked it. s one of the other countries should step forward and share the burden left by the US. This is a very simplistic way of looking at the problem. The world the U.S. and us- since any dilution of the agreement will make it worthless (b) Isolating the U.S. during negotiations, since it remains a member of the agreement for the next four years and can potentially destroy it from within While other countries must step up their commitment to cut emissions ding economic and trade
Is the Paris Agreement necessary? RIGHT Donald Trump's decision to withdraw from the Paris accord is the Poor environmental quality is not due to market failure, but in If the rights are well-defined externalities such as emission and pollution can be internalised and provide incentive to market players to improve efficiency and reduce pollution Environment quality is like a value-added product. It becomes affordable as people become richer. clean up the physical environment while simultaneously improving general well being diode) is happening at a faster pace. These inventions didn't come into being because governments willed them so they bore the burden of additional taxes for being 'novel before becoming objects of mass consumption Rather than travelling on the road to Paris, and plan new targets for renewable or impose high taxes on energy, or walking on the steps of Mr. Trump, India will do well to free the spirit of enterprise and free trade. We need to trust the creativity of entrepreneurs to freedom locall
Is the Paris Agreement necessary? CENTRE the Kyoto Protocol by the George W. Bush presidency, signed by the Clinton administration in 1997, a rejection driven by both Republican and Democrat legislators, caused an 18-year hiatus before a new agreement could be crafted action has already given cause for alarm, while the radical deceleration in climate research by one of its leaders, the U.S., will also have grave consequences What exacerbates the danger is has promoted. The agreement leaves the solution of a global collective action problem to purely voluntary action, with emitters on board. global emissions cannot be limited to the global carbon budget appropriate to the 2 C goal. Any such attempt, even as the U.S. consumes global carbon space at its current pace, will turn the screws, ever more tightly, on the development options of India and a large section of the G-77. But drowning any articulation of these deep flaws, the The long-term future of the world hangs today by the slender thread of faith in neo-liberal economic theory and the hope
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UPSC 2018 mains; Doing 'The Hindu Newspaper Analysis' since June,2017. YouTube- Gurukul Prime.