Daily Newspaper article’s summary 2018-08-03

Daily Newspaper article’s summary 2018-08-03

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

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Managing perceptions: on amending the SC/ST Act:
1.With the call for a nationwide shutdown on August 9, one that an NDA constituent, the Lok Janshakti Party led by Ram Vilas Paswan, had threatened to join, the Centre was goaded into acting quickly.
2.What they do is state that the bar on anticipatory bail will remain “notwithstanding any judgment or order of any court”, that there will be no need for a preliminary inquiry before an FIR is registered and that no approval is required before someone is arrested under the Act.
3.While no one can object to procedural safeguards against false accusations, it is possible that the Court’s concerns about what it saw as misuse of the Act resulted in the perception that it was introducing norms to prevent quick action on complaints.
www.thehindu.com/opinion/editorial/managing-perceptions/article24584919.ece

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Discounting logic: on e-commerce policy:
1.India’s e-tail business, estimated to be worth around $25 billion, is still a fraction of the overall retail sector in the country, but it has been witness to some frenetic activity of late, including the merger between home-grown, but Singapore-based, Flipkart and global giant Walmart.
2.Foreign direct investment restrictions on players who can hold their own inventory are sought to be lifted, but there must be a majority Indian partner and all products have to be made in India.
3.E-tailer costs are also likely to rise on account of proposed norms on storing and processing data locally, while consumers and firms could both question the plan to stipulate payments via Rupay cards.
www.thehindu.com/opinion/editorial/discounting-logic/article24584920.ece

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Drafting a data protection Bill:
1.The objective of the Bill is to balance the growth of the digital economy and use of data as a means of communication between persons with a statutory regime that will protect the autonomy of individuals from encroachments by the state and private entities.
2.The Srikrishna Committee has complied with the Supreme Court’s suggestion that collection, processing and storage of personal data should be limited to the stated purpose, which has to be clear, specific and lawful.
3.The Bill allows processing of personal data for “prompt action” only if it is necessary for any function of Parliament; or any State Legislature to render service or benefit to citizens; or in response to any medical emergency to the data principal; or in cases of epidemic, outbreak of disease, disaster or breakdown of public order.
www.thehindu.com/opinion/op-ed/drafting-a-data-protection-bill/article24584467.ece

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Data localisation is not enough:
1.The Justice Srikrishna Committee in its report accompanying the draft Personal Data Protection Bill released on July 27 notes that eight of the top 10 most accessed websites in India are owned by U.S. entities.
2.Prevalent concerns around transnational terrorism, cyber crimes and money laundering that the committee rightly highlights will often involve individuals and accounts that are not Indian, and therefore will not be stored in India.
3.Even if it were to be passed, legacy provisions such as Section 91 of the Code of Criminal Procedure (empowering police to access any “document or thing”) will continue to apply — bereft of review or oversight by a judicial or independent authority.
www.thehindu.com/opinion/op-ed/data-localisation-is-not-enough/article24584698.ece

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Will Imran Khan’s win further set back Indo-Pak ties?:
1.The former Prime Minsiter, despite his rancour against the military, launched tirades against India on Kashmir, did not accelerate the trial of those responsible for the Mumbai terrorist attacks, did not investigate properly the involvement of Pakistani jihadis in the Uri assault, and did not deliver on trade issues.
2.The leaders of India and Pakistan, to whom these questions are addressed, should know that the answer given by history is simple: Hostility ends only when both sides begin to talk peace with sincerity, commitment, determination and mutual trust.
3.But Mr. Khan’s persuasiveness in fashioning a consensus around the desirability of increased trade — within a platform that promises to deliver better economic conditions so that Pakistanis can finally liberate themselves from bad governance by the ruling elite — should not be overlooked.
www.thehindu.com/opinion/op-ed/will-imran-khans-win-further-set-back-indo-pak-ties/article24584583.ece

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Wolf in priest’s clothing:
1.“The confessor priest should never break the ‘sacramental seal’ as he has vowed to keep the secrets of the confessant until death, even at the cost of his own life,” says Father Paul Thelakkat, a senior Syro-Malabar clergyman and Chief Editor of the church journal, Light of Truth .
2.Sexual abuse accusations against priests are not uncommon in Kerala, but the confession-related blackmail charge is rare, at least in the public realm.
3.Ms. Sharma threatened to recommend to the Central government that it abolish this rite claiming that the practice encouraged sexual crimes.
www.thehindu.com/opinion/op-ed/wolf-in-priests-clothing/article24584464.ece

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A basis for Opposition unity:
1.When the Congress’s newly reconstituted Working Committee, which met for the first time on July 22, announced its intent to pitch Rahul Gandhi as the Opposition’s prime ministerial face, it got a reality check from one of its most steadfast allies, the Rashtriya Janata Dal (RJD).
2.Apart from blunting the usual barbs about dynastic politics, it would lend credibility to Mr. Gandhi’s image of a reluctant politician whose decision to enter the electoral fray is rooted not in a lust for power but in idealism.
3.It needs to mould itself into a national pivot for non-savarna and regional interests that now feel compelled to ally with whichever party is in power at the Centre — regardless of how repugnant they may find its politics — if they wish to secure even their basic entitlements.
www.thehindu.com/opinion/lead/a-basis-for-opposition-unity/article24584701.ece

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External economists left government for personal reasons: Minister:
1.”Most of the external economic experts in the Union Government have cited personal reasons for stepping down,” Minister of State for Finance Pon Radhakrishnan said in a written reply in the Lok Sabha .
2.Answering a question by two senior Congress MPs from Madhya Pradesh , Kamal Nath and Jyotiraditya Scindia, the minister also said there was no proposal to come out with a “white paper” on the economic situation of the country.
3.He further said the introduction of the GST has provided a significant opportunity to improve growth momentum by reducing barriers to trade, business and related economic activities.
economictimes.indiatimes.com/news/economy/policy/external-economists-left-govt-for-personal-reasons-govt/articleshow/65258537.cms

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CITI expresses concern over India’s huge trade deficit with China:
1.Confederation of Indian Textile Industry (CITI) on Friday highlighted that the India’s huge trade deficit with China is a matter of great concern.
2.Mr Sanjay Jain, chairman, CITI stated that amongst the very few items in which India is more competitive than China is cotton based textiles like yarn, fabric and made-ups.
3.CITI requests the Government to push negotiations with China to give duty free access to Indian cotton textiles.
economictimes.indiatimes.com/news/economy/foreign-trade/citi-expresses-concern-over-indias-huge-trade-deficit-with-china/articleshow/65257754.cms

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MCA ordered inquiry in 87 real estate companies in 2017-18:
1.Press Information Bureau Government of IndiaMinistry of Corporate Affairs03-August-2018 16:55 IST
2.MCA ordered inquiry in 87 real estate companies in 2017-18 Union Minister of State for Law & Justice and Corporate Affairs Shri P.P.
3.Chaudharysaid in Lok Sabha today that during the year 2017-18 and till 30.06.2018, the Ministry of Corporate Affairs has ordered inquiry in 87 companies, inspection of books and papers in 17 companies and investigation in 7 cases involving 149 entities including 5 Limited Liability Partnerships (LLPs) engaged in real estate activities.
pib.nic.in/newsite/PrintRelease.aspx?relid=181465

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2,25,910 companies under scanner of MCA for not filing returns for Year 2015-16 & 2-16-17:
1.2,25,910 companies under scanner of MCA for not filing returns for Year 2015-16 & 2-16-17 Union Minister of State for Law & Justice and Corporate Affairs Shri P.P.
2.Shri Chaudhary further said that during 2017-18 the Registrars of Companies (ROCs) had identified 2.97 lakh companies which were not filing their Financial Statements or Annual Returns for a continuous period of two or more financial years and, prima facie, either were not conducting any business or were not in operation.
3.Further, the Central Government has ordered investigation into the true ownership of 68 number of companies under section 216 read with section 210(1) (c) of the Act, which have deposited and withdrawn fund in an exception manner from the bank accounts during demonetization period.
pib.nic.in/newsite/PrintRelease.aspx?relid=181464

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