Thursday, September 12, 2019

ANALYSIS OF THE HINDU AND ECONOMIC TIMES FOR 11TH SEPTEMBER AND 12 TH SEPTEMBER


  • NEWS PAPER ANALYSIS
    DTD 11/09/19 AND 12/09/2019
    THE HINDU AND ECONOMIC TIMES 
  • THE HT POLLS FOR BLOCK DEVELOPMENT COUNCILS IN J& K BY MONTH END
  1. THE SCHEDULE FOR ELECTIONS TO 316 BLOCK DEVELOPMENT COUNCILS (BDC) IN JAMMU AND KASHMIR WILL BE ANNOUNCED IN DAY OF TWO WITH THE POLLS TO BE COMPLETED BEFORE THE STATE IS FORMALLY DECLARED UNION TERRITORY ON OCTOBER 31.
  2. EVERY THING IS READY FOR THE CONDUCT OF THE POLLS INCLUDING THE PREPARATION OF ELECTORAL ROLLS AS THE EXERCISE WAS EXPECTED TO FOLLOW THE PANCHAYAT POLLS BUT IT WAS HELD UP BECAUSE OF  THE LOK SABHA POLLS.
  3. GOVERNMENT HAS BEEN KEEN TO GET THE PANCHYAT POLLS COMPLETED INCLUDING NEXT STEP TO BDC AND ZILLA PANCHAYAT POLLS
  4. MORE FUNDS UNDER THE CENTRES SPONSORED SCHEMES
  5. TWO REGIONAL PARTIES, THE NATIONAL CONFERENCE AND PEOPLE’S DEMOCRATIC PARTY HAD BOYCOTTED.
  • THE HT: RESTRICTIVE MEASURES IN J&K BEING EASED,INDIA TELLS UN
  • REVOCATION OF J&K’S SPECIAL STATUS SOVEREIGN STEPS: INDIA AT UNHRC
  1. INDIA INFORMED THE UN HUMAN RIGHT COUNCIL ON TUESDAY THAT RESTRICTIVE MEASURES IN JAMMU AND KASHMIR WERE BEING EASED.
  2. THE LEGISLATIVE MEASURE ARE WITH IN THE SOVEREIGN REALM OF INDIA
  3. INDIA REMINDED THE U.N BODY THAT IT HAS FREE MEDIA,A VIBRANT CIVIL SOCIETY AND AN INSTITUTIONAL FRAMEWORK THAT UPHOLDS HUMAN RIGHT
  4. IT ADDED THAT THOSE WHO FINANCE.SUPPORT TERRORISM ON TERRITORY UNDER THEIR CONTROL ARE THE WORST VIOLATORS OF HUMAN RIGHT
  • ET: CENTRE TO PUMP IN $8K CR IN J&K TO BOOST INCOME OF FARMERS AND TRADERS
  1. TO ALLAY FEARS AMONG BUSINESSMEN AND APPLE TRADERS IN JAMMU AND KASHMIR,THE CENTRE HAS DECIDED TO PUMP 8000 CRORES WITH AN AIM TO BOOST THE INCOME OF THE FARMERS BY RS 2000 CRORES
  2. NAFED WILL PROCURE 60% OF THE PRODUCT THIS SEASON UNDER THE SPECIAL MARKET INTERVENTION PRICE SCHEME (MISP) AND PAYMENTS WILL BE MADE THROUGH DBT MODE WITH IN 48 HOURS.
  3. THE DECISION WAS TAKEN IN WAKE OF TERRORISTS THREATENING APPLE GROWERS NOT TO SELL THEIR PRODUCE IN THE MARKET FOLLOWING THE ABROGATION OF THE SPECIAL STATUS.
  4. WILL CONSTITUTE A STATE LEVEL PRICE FIXATION COMMITTEE FOR A ,B,C GRADE APPLE AND OTHER INCIDENTAL CHARGES LIKE PACKAGING,TRANSPORTATION STORAGE AND RELATED EXPENDITURE
  5. THE QUALITY CONTROL CUM GRADING COMMITTEE WILL BE CONSTITUTED FOR EACH MANDI FOR VALIDATION CUM CERTIFICATION OF APPLE TO BE PROCURED BY NAFED FROM THE APPLE GROWERS THROUGH DIRECTORATE OF HORTICULTURE PLANNING AND MARKETING.
  6. AS PER OFFICIAL DATA:
a)       KASHMIR ACCOUNTS FOR 91% WALNUTS
b)       90% OF ALMONDS,CHERRY AND SAFFRON
c)       70% OF APPLES
  • ET: FIRST RAFALE LIKELY TO BE HANDED OVER TO OCT 8
  1. THE FIRST RAFAEL FIGHTER JET OF THE INDIAN AIR FORCE IS LIKELY TO BE  HANDED OVER AN ELABORATE CEREMONEY IN FRANCE ON OCT 8 A DATE THAT COINCIDES WITH THE AIR FORCE DAY AS WELL AS THE FESTIVAL OF DUSSEHRA.
  2. DEFENCE MINISTER RAJNATH SINGH IS SCHEDULED TO GO TO FRANCE FOR THE HANDING OVER CEREMONEY WHICH WILL MARK THE FIRST NEW FIGHTER INDUCTION INTO TE AIR FORCE SINCE THE LIGHT COMBAT AIRCRAFT ( LCA) WAS RECEIVED IN 2016
  3. INDIAN TEAMS ARE ALREADY IN FRANCE TO OVERSEE THE PROJECT AD IAF PILOTS HAVE BEEN GETTING EXPOSURE TO RAFALE CHARACTERISTIC S AT BILATERAL AIR COMBAT DRILLS
  4. THE FIGHTERS TO BE ARMED WITH THE SCALP GROUND ATTACK MISSILES THAT HAVE A RANGE WELL OVER 300 KM WILL BE  FLOWN BY IAF PILOTS IN FRANCE FOR AT LEAST 1500 HOURS AS PART OF TESTING AND ACCEPTANCE PROCESS BEFORE THEY COME TO THEIR HOME BASE IN AMBALA
  5. IAF HAD RESURRECTION CEREMONEY AT AMBALA FOR THE 17 SQUADRON GOLDEN ARROWS THAT WILL RECEIVE THE FIRST RAFAELS.
  6. RAISED THE ISSUE OF PURCHASE OF ADDITIONAL RAFALE AIRCRAFT WITH INDIA
  7. OFFERED IMMEDIATE SALE OF TWO MORE SQUADRON WHICH MEANS 36 ADDITIONAL RAFALE JETS.
  • THE HINDU:-DIP AND RISE IN GDP PART OF GROWTH: SITHARAMAN
  1. AMID CONCERNS ABOUT THE COUNTRY’S DIPPING GROSS DOMESTIC PRODUCT DURING THE FIRST QUARTER OF FY 20, UNION FINANCE MINSITER NIMALA SITHARAMAN : DIP AND RISE IN GDP WAS PART AND PARCEL OF GROWTH AND THE GOVERNMENT WAS ACTING TO BOOST THE ECONOMY.
  2. ADDRESSING AN EVENT  ON FURTHERING INDIA’S DEVELOPMENT -100 DAYS OF BOLD INITIATIVES AND DECISIVE ACTIONS OF THE CENTRE
  3. TO QUERY ON THE FINANCIAL EXPERT’S CRITICISM OF THE TRANSFER FROM RBI, GOVT ACTED ON THE ADVICE OF A COMMITTEE
  4. HER MINISTRY WAS CONTINUOUSLY ENGAGING IN TALKS WITH AUTOMOBILE INDUSTRY FOR HELPING THEM OUT
  5. DATE OF BANK MERGER WILL BE DECIDED AND APPOINTED OF TASK FORCE TO IDENTIFY VARIOUS INFRASTRUCTURE PROJECTS
  6. PATH BREAKING ACHIEVEMENT OF ABROGATION OF SECTION 370
  • 12/09/19
    THE HT : SIT DOWN AND TALK UN CHIEF GUTERRES TELLS INDIA AND PAK
  1. UN SECRETARY –GENERAL ANTONIO GUTERRES REMAINS CONCERNED ABOUT ANY ESCALATION IN TENSIONS BETWEEN INDIA AND PAKISTAN OVER THE KASHMIR ISSUE AND APPEALS TO BOTH THE SIDES TO DEAL WITH IT THROUGH DIALOGUES
  2. AT THE 42 ND SESSION OF THE UNITED NATION HUMAN RIGHT COUNCILS IN GENEVA ON TUESDAY INDIA DEFENDED ITS SOVEREIGN DECISION TO REVOKE JAMMU AND KASHMIR STATUS. WHICH PAKISTAN SAID WAS AN ILLEGAL ACT.
  3. THE UN CHIEF HAS MAINTAINED THAT HIS GOOD OFFICES ARE AVAILABLE FOR MEDIATION IF BOTH SIDES ASK FOR IT
  4. BUT INDIA RULED OUT ANY THIRD PARTY MEDIATION
  5. PAKISTAN DOWNGRADES ITS DIPLOMATIC RELATIONSHIP WITH INDIA AND EXPELLED THE INDIAN HIGH COMMISSION FOLLOWING THE REVOCATION OF 370 OFF JAMMU AND KASHMIR
  • STEEP FINES TO SAVE LIVES FOR REVENUE: GADKARI
  1. UNION MINISTER FOR ROAD TRANSPORT AND HIGH WAYS NITIN GADKARI SAID THAT THE GOVERNMENT’S INTENTION IS NOT TO GARNER THE REVENUE BUT TO MAKE PEOPLE FOLLOW RULES IN ORDER TO REDUCE THE NUMBER OF ACCIDENTS.
  2. HIS STATEMENT COMES A DAY AFTER BJP RULES GUJARAT SLASHED THE PENALTIES FOR TRAFFIC VIOLATIONS. IN SOME CASES FROM 10,000 TO 1,000
  3. MOTOR VEHICLE AMENDMENT BILLS FALLS UNDER THE CONCURRENT LIST, GIVING THE CENTRE AND STATE GOVT THE RIGHT TO MAKE THE LAWS. WHILE PARLIAMENT IN JULY PASSED THE MORE STRINGENT MOTOR VEHICLES (AMENDMENTS BILL 2019). SOME STATES OPPOSED THE HIGH PENALTIES.
  • SUMMARY OF NEWS
·         TDP CHIEF NAIDU, SON DETAINED AS THEY ATTEMPT TO TAKE OUT RALLY: TELGU DESAM PARTY (TDP) NATIONAL PRESIDENT N CHANDRABABU NAIDU AND HIS SON NARA LOKESH WERE PLACED UNDER PREVENTIVE DETENTION AT THEIR RESIDENCE BECAUSE OF FOILING THEIR PLAN TO TAKE OUT CHALO ATMAKURU RALLY TO PROTEST AGAINST ALLEGED ATTACKS ON TDP WORKERS AND SYMPATHISERS BY YSR CONGRESS PARTY.
·         WE ARE CAPABLE OF DEALING WITH TERROR: SAYS PM:-INVOKING THE 9/11 ATTACK ON AMERICA THIS DAY, 8 YEARS AGO PM SAID THAT THE ROOTS OF TERRORISM WERE BEING NOURISHED IN INDIA ‘S NEIGHBOURHOOD. IT IS GLOBAL PROBLEM AND HAS BECOME GLOBAL THREAT. HIS GOVERNMENT HAD AMENDED THE UNLAWFUL ACTIVITIES (PREVENTION) TO MAKE IT MORE STRINGENT.
  • NCST RECOMMENDS TRIBAL AREA STATUS FOR LADAKH
  1. THE NATIONAL COMMISSION FOR SCHEDULED TRIBES (NCST) WROTE TO HOME MINISTER AMIT SHAH AND TRIBAL AFFAIRS MINISTERS ARJUN MUNDA RECOMMENDING THAT LADAKH BE DECLARED A TRIBAL AREA UNDER THE SIXTH SCHEDULE OF THE CONSTITUTION.
  2. THE SIXTH SCHEDULE PROVIDES FOR ADMINISTRATION OF TRIBAL AREA AFTER SETTING UP AUTONOMOUS DISTRICT AND REGIONAL COUNCILS
  3. WILL HELP DEMOCRATIC DEVOLUTION OF POWERS,PRESERVE AND PROMOTE DISTRICT CULTURE OF THE REGION AND PROTECT AGRARIAN RIGHTS INCLUDING  RIGHTS ON LAND AND ENHANCE TRANSFER OF FUNDS FOR SPEEDY DEVELOPMENT OF THE REGION
  4. THE HOME MINISTRY IS THE CENTRAL AUTHORITY FOR DECLARATION ARE AS TRIBAL AREA
  • MEANING OF TRIBAL AREAS
  1. ACCORDING TO THE CONSTITUTION TRIBAL AREAS GENERALLY MEANS AREAS HAVING PREPONDERANCE OF TRIBAL POPULATION
  2. AREAS WHERE PROVISIONS OF SIXTH SCHEDULE ARE APPLICABLE
  3. SIXTH SCHEDULE OF THE INDIAN CONSTITUTION : WHICH INCLUDES ARTICLE 244 (2) AND 275(1) MAKES PROVISIONS FOR THE ADMINISTRATION OF TRIBAL AREAS IN FOUR STATES: ASSAM,MEGHALYA ,TRIPURA AND MIZORAM
  4. FIFTH SCHEDUE WHICH 244 ( 1) ARTICLES PROVIDES FOR THE ADMINISTRATION AND CONTROL OF SCHEDULED AREAS AND SCHEDULED TRIBES OTHER THAN THE STATES OF ASSAM,MEGHALYA,TRIPURA AND MIZORAM
  5. SPECIAL PROVISION IN TERMS OF GOVERNANCE,POWERS OF THE PRESIDENTS AND GOVERNOR,TYPE OF LOCAL BODIES,ALTERNATE JUDAICAL SYSTEM AND FINANCIAL POWERS
  6. AS PER ARTICLES 244 AND 6 TH SCHEDULE THESE AREAS ARE CALLED TRIBAL AREAS WHICH ARE TECHNICALLY DIFFERENT FROM THE SCHEDULED AREA UNDER FIFTH SCHEDULE
  7. TRIBAL AREAS ARE EMPOWERED TO DECLARE SOME TRIBAL DOMINATED DISTRICTS AND AREA OF THESE STATES AUTONOMOUS DISTRICT AND AUTONOMOUS REGIONS. NO SEPARATE LEGISLATION IS REQUIRED AND THE GOVERNOR HAS THE POWER TO INCLUDE, EXCLUDE, INCREASE OR DECREASE AND ALTER THEIR NAMES AND BOUNDARIES OF THESE AUTONOMOUS DISTRICTS.
  • THE ET:FUNDS ON CARDS TO OFFER GUARANTEE FOR HOME LOANS
  1. CONSIDERING A FUND THAT WILL PROVIDE GUARANTEE FOR THOSE WHO ARE NOT ELIGIBLE FOR A HOUSING LOAN, ALLOWING THEM TO BORROW FUNDS TO ACQUIRE A HOME.
  2. PART OF PACKAGE PREPARED BY THE GOVT TO HELP THE HOUSING SECTOR WHICH IS BURDENED By HEAVY DEBT,STALLED PROJECT AND UNSOLD HOMES
  3. SUPPORT BORROWERS ( NOT RATED WELL) AND NOT ELIGIBLE FOR A LOAN FROM THE BANK
  4. A GUARANTEE COULD ALSO HELP LOWER INTEREST RATES FOR THOSE OTHERWISE ELIGIBLE FOR LOANS
  5. FEASIBILITY OF A STRESSED ASSET FUND UNDER THIS PROJECT WHICH WILL HELP COMPLETE STALLED PROJECT
  6. BORROWER WILL BE ABLE TO AVAIL THE GUARANTEE FROM THE PROPOSED FUND FOR A SMALL FEE
  7. AID THOSE WITHOUT STEADY INCOME FLOWS AND CREDIT HISTORIES TO BECOME ELIGIBLE FOR LOANS
  8. THIS SEGMENT DEPENDENT ON INFORMAL SECTOR
  • PK MISHRA MADE PRINCIPAL SECY TO PM
  1. PRAMOD KUMAR MISHRA WAS APPOINTED PRINCIPAL SECRETARY TO PM NARENDRA MODI,SUCCEEDING NRIPENDRA MISRA
  2. FORMER CABINET SECRETARY  PRADEEP KUMAR SINHA : NAMED PRINCIPAL ADVISOR TO PM
  3. SINHA ‘S APPOINTMENT ORDER DID NO SAY WHETHER HE WOULD BE GIVEN THE STATUS OF CABINET MINISTER LIKE HIS SENIOR COUNTER PART IN PMO : PK MISHRA AND AJIT DOVEL
  • SUMMARY OF NEWS
  • FOUNDER CHAIRMAN AZIM PREMJI AND ENTITIES CONTROLLED BY HIM HAD SOLD 224.6 MILLION SHARES IN THE RECENT BUYBACK AMOUNTING TO ABOUT 3.96% OF THE TOTAL EQUITY HELD BY HIM. HE GIFTED 67% OF THE WIPRO SHARES THEN VALUED OVER RS 1, 45,000 CRORES TO AZIZ PREMJI FOUNDATION THE CHARITABLE ORGANIZATION THAT IS ONE OF FIVE LARGEST PRIVATE ENDOWMENT IN THE WORLD AND THE BIGGEST ASIA. THE FOUNDATION WORKS WITH THE GOVERNMENT AND TEACHERS TO IMPROVE THE QUALITY OF PUBLIC SCHOOLS
  • AFTER BUY BACK,THE PROMOTER HOLDING WILL INCREASE TO 74.05%
  • NHA APPROVES AYUSHMAN 2.0 WITH BETTER CANCER CARE
  1. THE GOVERNING BOARD OF NATIONAL HEALTH AUTHORITY (NHA), THE NODAL AGENCY FOR IMPLEMENTATION OF THE FLAGSHIP PROGRAMME APPROVED THE REVAMPED AYUSHMAN BHARAT.
  2. THE REVAMPED HEALTH INSURANCE SCHEME WOULD NOW INCLUDE IMPROVED CANCER CARE, BETTER IMPLANTS CARDIOLOGY AND ORTHOPEDICS AND AT LEAST 200 NEW MEDICAL PACKAGES TO ENHANCE THE HEALTH INSURANCE COVER FOR THE POOREST OF THE POOR. SLATED TO ROLL OUT IN OCTOBER 1.
  3. THE ENTIRE REVAMP EXERCISE WAS CARRIED BY AN EXPERT COMMITTEE HEADED BY NITAAYOG MEMBER PROF VINOD K PAUL FORMED TO REVISE THE COST OF 1300 MEDICAL PACKAGES UNDER AYUSHMAN BHARAT
  • EDITORIAL ANALYSIS
    OUTWARD TO RCEP WITH COURAGE CONVICTION
  1. THE GOVERNMENT,TRADE AND INDUSTRY ARE UNDERSTANDABLE CAUTIOUS ON JOINING THE REGIONAL COMPREHENSIVE ECONOMIC PARTNERSHIP ( RCEP)
  2. THE PROPOSED FREE TRADE AGREEMENTS BETWEEN 10 ASEAN  STATES AND THEIR SIX FTA PARTNERS AS INIDA HAS HUGE $105 BILLION TRADE DEFICIT
  3. JOINING RCEP WHICH IS POISED TO BECOME THE WORLD’S LARGEST TRADING BLOCK WOULD BE VERY MUCH INDIA’S INTEREST AND THE POINT IS TO SEEK SAFEGUARD THAT MEET OUR INTEREST
  4. MAKING A LIST OF THE PRODUCTS AND TARIFF LINES WHICH IT CAN OFFER DUTY FREE CONCESSION
  5. NEED TO DESIGN FORWARD LOOKING INDUSTRIAL AND TECHNOLOGY POLICIES TO MAKE THE INDIA GLOBALLY COMPETITIVE
  6. OUTWARD TO RCEP WITH COURAGE CONVICTION
  7. NEED TO PUT IN PLACE CLEAR CUT SAFEGUARD MEASURE TO PREVENT DUMPING OF GOODS
  8. NEED TO GUARD UNFAIR TRADE PRACTISES
  9. IT WILL ALSO RAISE GLOBAL COMPETITIVENESS
  10. ALSO CALL FOR FASTER OPENING OF SERVICE TRADE IN RCEP



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