Daily Newspaper article’s summary 2018-07-24

Daily Newspaper article’s summary 2018-07-24

Summary of Newspaper artciles from ‘The Hindu’, ‘Economic Times’ and PIB
ARISE IAS: Demystifying UPSC IAS exams

Stimulus mode: on GST rate cuts:
1.The applicable indirect tax rates on consumer durables such as television sets, washing machines and refrigerators, along with a dozen other products, have been slashed from 28% to 18%.
2.The actual impact of these changes on product prices and consumption demand will be visible soon, but the government’s confidence in such a rate reduction gambit indicates it is now comfortable with revenue yields from the GST.
3.First, since the new rates are to kick in from July 27, companies may not have enough time to rework pricing strategies and replace existing market inventory, failing which they could face anti-profiteering action.

A difficult poll: on Pakistan election:
1.It brought to an end a bitter political fight bloodied by brutal terror attacks, and darkened by the lengthening shadow of the military and judicial establishment.
2.There were some worries that even the third contender, Pakistan Peoples Party co-chairman Bilawal Bhutto and his father, former President Asif Ali Zardari, could be disqualified over electoral misdemeanours.
3.The daunting task for the voter is to elect federal and provincial governments that will deal with the big challenges ahead: to steady an economy being crushed by debt to China and by UN financial strictures, to battle growing divides in society and the overwhelming influence of terror groups, to re-establish disrupted ties with neighbours, and to stave off the increasing military influence in the small space that the civilian leadership had been able to establish for itself.

The deep and far of science:
1.The other is the puzzle posed by the transient discovered by Stephen Smartt using the Hawaii-based ATLAS telescope, on June 16 this year.
2.The neutron star merger was the fifth time a gravitational wave signal had been detected by observatories on earth.
3.But when you contemplate how far human endeavour has reached beyond what it can perceive with bare hands and naked senses, the wonder begins.

Short spells of heavy showers:
1.With an increase in heavy rainfall of short durations during the summer monsoon in many places in India, scientists at Pune’s Indian Institute of Tropical Meteorology (IITM) have coined a new term to define such events — mini-cloud bursts.
2.In a paper published in the International Journal of Climatology , Nayana Deshpande and others from IITM explain the rationale for classifying rainfall of over 50 mm in two hours as a mini-cloud burst.
3.Also, compared with extreme rainfall, the rate of water accumulation exceeding absorption and the probability of flash floods are three times more in the case of mini-cloud bursts.

What is genetic nurture in biology?:
1.This refers to the idea that the environment in which children grow up is influenced by the genes of their parents.
2.Thus, there may be no clear demarcation between whether it is the environment or genes (nature or nurture) that influences the behaviour of a human being.
3.The idea was proposed by Augustine Kong and others in their 2018 paper “The nature of nurture”.

The Israeli turn:
1.The dilemma was exacerbated because of the continued occupation of Palestinian territories since 1967 that has led to official projections that soon there will be as many Arabs as Jews in the land between the Jordan River and the Mediterranean Sea.
2.However, the ascendancy of the right under President Donald Trump makes one wonder how long the anti-Jewish feeling among this constituency will remain lurking and not become overt in the political arena and force American Jews into an unnecessarily defensive position.
3.Israel’s influence in the U.S. is largely based on the perceived legitimacy of this lobby and is essential for Washington’s unqualified support to Israeli policies even when they conflict with American interests in West Asia.

Befriending the neighbour:
1.“We maintained that unless we received some sort of written favourable assurance on our [territorial] claims, we were not authorised to discuss future relations between India and Bhutan,” Ashi Tashi’s minutes record says, and the Bhutanese delegation nearly left without an agreement.
2.The visit is summed up in a letter that Indira Gandhi wrote to ‘Royal grandmother’ Ashi Kesang Choden Wangchuck from Haa Dzong on September 27, 1958: “My father said at the public meeting that he was leaving a part of his heart at Paro.
3.They were able to find common ground with one other, laying a solid foundation for the excellent relationship between a big country and a small but independent kingdom that continues to this day, each fully respecting the other’s interests.

The art of writing a judgment:
1.But one had to pore over 500 pages of widely awaited judgment in order to understand the demarcation of powers between the Lieutenant Governor and the elected government.
2.For example, unnecessary remarks have been made on the ‘promiscuous attitude’ and ‘voyeuristic mindset’ of a woman in a bail order of a rape case.
3.For instance, judgments that do not elucidate upon recorded submissions of parties or legal provisions cannot be understood easily since there is no context as to why a decision was taken.

Changing the order of battle:
1.Summit diplomacy, thereafter, picked up pace as the war progressed, and one of the most vivid pictures of the time (of the Yalta Conference) featured U.S. President Franklin D. Roosevelt, British Prime Minister Winston Churchill and Soviet Premier Joseph Stalin.
2.Mr. Xi’s ‘thought’ is being portrayed as the culmination of a century’s historical process and philosophical refinement, produced through an ongoing dialectic of theory and practice, and encapsulating ‘traditions’ of the Qing dynasty, Maoist socialism and Deng’s policies of reform.
3.Much of the anger seems directed at the sheer gall of Mr. Trump in rejecting conventional wisdom in the West that Russia is Enemy No.1, and in challenging their beliefs by effecting a meeting with the Russian President.

4,387 large borrowers account for 90% of NPAs:
1.The government today said 4,387 large borrowers accounted for Rs 8.6 lakh crore or 90 per cent of total non-performing assets (NPAs) of the banking sector at the end of March 2018.
2.Shukla also said that as per RBI’s directions, cases have been filed under Insolvency and Bankruptcy Code (IBC) before the National Company Law Tribunal (NCLT) in respect of 39 large defaulters, amounting to about Rs 2.69 lakh crore funded exposure (as of December 2017).
3.It further said public sector banks (PSBs) initiated cleaning up by recognising NPAs and provided for expected losses.

Not considering any farm loan waiver: Centre:
1.The Minister also said that state governments of Tamil Nadu, Maharashtra, Karnataka, Uttar Pradesh, Jammu and Kashmir, Punjab, Chhatisgarh, Andhra Pradesh , Telangana, and Union Territory of Puducherry have announced their own loan waiver schemes in the past.
2.Chhattisgarh government announced 25 per cent of debt amounting to Rs 129.76 crore for 1,89,379 farmers.
3.Tamil Nadu, Maharashtra, Karnataka, UP, J&K, Punjab, Chhatisgarh, AP, Telangana, and Puducherry have announced their own loan waiver schemes

Text of PM’s address at India-Rwanda Business Forum in Kigali Convention Centre, Rwanda on 24th July 2018:
1.Infrastructure हो quality life हो governance हो economic vibrancy हो self sufficient family भी हो इन सारे पहलुओं को एक साथ समेट कर के कैसे development किया जा सकता है। इसका बहुत ही सुंदर मॉडल मुझे देखने को मिला और हमारा मन भी उसमें इतना लग गया कि हमें यहां पहुंचने में देर हो गई।
2.भारत में Make in India Movement चलाई है। इस Make in India Movement को भी हम रिवांडा के साथ शेयर कर सकते हैं, उनके साथ जुड़ सकते हैं। International solar alliance के माध्‍यम से हम climate change issues को tackle करने के लिए अग्रसर हैं लेकिन जिंदगी affordable बने उस पर सोलर एनर्जी कैसे काम आए। उस पर एक बहुत बड़ा अभियान चलाया जा रहा है। मैं चाहता हूं कि रिवांडा के लोग आगे आए। आज राष्‍ट्रपति जी के साथ travel कर रहा था। हमने एलईडी बल्‍ब का प्रयोग बताया
3.भारत में एलईडी बल्‍ब ने मीडिल क्‍लास लोगों का, मीडिल क्‍लास की फेमिली में इतना economically benefit किया है। जो बिजली का बिल आता था उससे आज वन थर्ल्‍ड आने लगा है। अगर हम रिवांडा में भी एलईडी बल्‍ब का ये अभियान चले तो वहां के लोगों का energy saving होगा यहां गरीब मध्‍यम वर्ग के लोगों को फायदा होगा। और energy requirement कम होने के कारण energy के लिए जो प्‍लांट लगाने के पीछे जो रुपये खर्च होते हैं उसको भी कम किया जा सकता है। जो energy सेविंग होगा उसका उपयोग हम उद्योग में कर सकते हैं। जो कि आज domestic काम के लिए चला जाता है। यानी एक छोटी सी चीज भी कितना बड़ा परिवर्तन ला सकती है। इस दिशा में हम मिलकर के काम कर सकते हैं। dairy उद्योग की बहुत संभावना है। Milk revolution की संभावना है। भारत की उसमें महारथ है। हम उसके साथ जुड़कर, उनके साथ काम कर सकते हैं। यानी एक प्रकार से गांव से लेकर के राष्‍ट्र स्‍तर पर भारत के पास जो भी सामर्थ्‍य है। भारत उद्योग का जो सामर्थ्‍य है। भारत की जो व्‍यापारिक community के पास जो सामर्थ्‍य है। उसका भरपूर उपयोग रिवांडा के विकास में हम कर सकते हैं। रिवांडा एक हमारा मित्र देश है। यहां की हर चीज अगर आप बारीकी से देखेंगे तो भारत के लोग जिस कल्‍चर से जीते हैं उससे मिलती जुलती है। हर चीज में आपको अपनापन सा नजर आएगा। और जहां ये अपनापन हो, democratic values हो, Transparent governance हो, Efficiency हो, और committed leadership हो। उस देश में काम करना कितना सरल होता है वो भली-भांति हम समझ सकते हैं।

President of India Addresses 3rd Anniversary Event of Speaker’s Research Initiative:
1.The President of India, Shri Ram Nath Kovind, graced and addressed the commemoration of the 3 rd anniversary of the Speaker’s Research Initiative (SRI) of the Lok Sabha in New Delhi today (July 24, 2018).
2.Due to the combination of these five Ds – discussion, debate, dissent, decorum and decision, the biggest D – democracy is strengthened.
3.The President said that for the success of parliamentary democracy, it is necessary that all Members of Parliament respect each other’s views and maintain their dignity.

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