Daily Newspaper article’s summary 2018-08-29

Daily Newspaper article’s summary 2018-08-29

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

Father to son: on Stalin as DMK president:
1.That he was Karunanidhi’s son helped him in ways small and big right through his political career, but Mr. Stalin also needed to beat back the challenge from his elder brother, M.K.
2.Mr. Stalin must be hoping that the All India Anna Dravida Munnetra Kazhagam government of Edappadi K. Palaniswami will not survive that long, being pulled as it is in different directions by dissidents and an overbearing prospective ally, the Bharatiya Janata Party.
3.The Dravidian ideology can do with a reboot of rationalism; and the DMK will have to align its short-term electoral interests with a long-term vision of the development path for Tamil Nadu.

Easing tensions: on U.S.-Mexico trade deal:
1.The market reaction was probably a sign of relief, riding on hopes that tit-for-tat tariff wars between the U.S. and its trade allies could now draw to a close.
2.It is worth noting that Mexico had earlier joined hands with other economies such as Canada, China and the European Union to impose retaliatory tariffs against the U.S.
3.Retaliatory tariffs can only cause further harm to the world economy by increasing the burden of taxes on the private sector, which is crucial to spur growth and create jobs.

Pieces of the Asian dream:
1.The reality is that the tug of power between India and China continues to impact sea lanes and chokepoints, with these two Asian giants pursuing interests in the littoral states spread across the Indo-Pacific.
2.Although India enjoys cordial relationship with all ASEAN nations, it is unlikely that diplomatic hobnobbing alone will help garner the grouping’s support for its Indo-Pacific strategy against China’s raw cash power and growing military presence.
3.Under its Belt and Road Initiative (BRI), China has over the years promised billions to littoral states in the Indian Ocean Region to build a series of ports, something resource-constrained India will find difficult to match.

Restoring the ‘nation’ in national politics:
1.Three implications can be gleaned from several statements made by Opposition leaders such as West Bengal Chief Minister Mamata Banerjee and JD(S) supremo H.D.
2.Three, therefore, it is fair to assume that any non-BJP coalition that comes to power at the Centre under the Karnataka model, even if it is not christened United Progressive Alliance (UPA), will be a replay of the scandal-ridden UPA-II.
3.In any democracy, the task of providing stable governance is accomplished by the propensity of its polity to veer to the centre, despite occasional bouts of sliding to one extreme or the other on the ideological continuum.

Ways to read the Constitution:
1.In B.C Motor Vehicle Reference (1985), the Canadian Supreme Court, while rejecting originalism, said that such a method would mean that “…the rights, freedoms and values embodied in the Charter in effect become frozen in time to the moment of adoption with little or no possibility of growth, development and adjustment to changing societal needs.”
2.The enforcement of any disability arising out of untouchability shall be an offence punishable in accordance with law.” It is peculiar since it abolishes a social practice in any form.
3.Muniswamy Pillai said in the Constituent Assembly that “the great thing that this Constitution brings to notice, not only to this country but to the whole world is the abolition of untouchability.”

The economics of nation states:
1.A 2018 paper by Avidit Acharya and Alexander Lee, “Economic foundations of the territorial state system”, offers an economic explanation as to why the world is divided into many countries with strict borders delineating the powers of various governments.
2.Acharya and Lee believe that this happened because rulers who previously competed against each other for the patronage of various populations began to cooperate with each other by agreeing to limit their influence to specific regions.
3.Thus, the formation of the nation state with strict borders can be explained as the result of rulers coming together to form an economic cartel that served their personal interests.

What’s ‘zero inventory’ in Business?:
1.It requires the accurate forecasting of demand and was popularised by Japanese car manufacturer Toyota.
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How dams can control floods:
1.This is so that when the monsoon rains come, there is space to store the excess rainwater and also so that water can be released in a regulated manner, thus preventing floods downstream when there is heavy inflow to the dams.
2.The tendency to hold the maximum amount of water in our reservoirs while ignoring the high risk involved in doing so can be attributed to our over-dependence on hydel projects to produce electricity.
3.Hence, the State Dam Security Authority, if competent, should be entrusted with the task of water management in reservoirs and with taking decisions in emergency situations.

Rewriting history:
1.We live in an age when we appear to be forgetting the unifying message of “Saare Jahan Se Achcha”, powerful words penned by Muhammad Iqbal.
2.Akbar is the new age Aurangzeb — a man dubbed an invader by none other than the Uttar Pradesh Chief Minister, Yogi Adityanath.
3.What was said was obvious — give the Rajputs a place of honour; what was left unsaid was critical and objectionable — the greatest of Mughals had no business having a road named after him in Delhi, which was once an important component of his empire.

Toxic silence:
1.Seeking to collect data and analyse the problem in an article, The Hindu sent out a questionnaire to nearly half of the 19 autonomous research institutes under the Department of Science and Technology, and the 44 CSIR labs, on sexual harassment.
2.For instance, to the question “Were the members of the Internal Complaints Committee elected or nominated?” the reply was, “As per the government rules.” The intention of the survey was not to place any institution in a spot — it was to get a holistic understanding of the problem and write an analytical piece on it.
3.At a broad level there is little doubt that the Act needs to be debated in greater depth so that legal experts can express thoughts on potential improvements.

The final frontier of populism?:
1.The Indian Supreme Court is seized of the conflict between a religious belief and charges of discrimination in a case on Sabarimala, the Kerala temple where women of a particular age are not allowed entry.
2.Unlike in the case of his foreign and trade policy, the entire spectrum of the American right wing, and the Republican Party, is solidly behind the President’s attempts to reshape the country’s judiciary.
3.They do not need to win popular votes This one layer of insulation from instant public opinion enables the judiciary to be the guardian of the fundamental values of the society, which too change but over a longer period of time.

RBI squeezing circulation of Rs 2000 currency notes:
1.KOLKATA: The Reserve Bank of India appears to be squeezing the circulation of Rs 2000 currency notes to restrict hoarding of it and proliferation of black money .
2.The circulation of Rs 500 notes surged to 43% from 23% a year back while it was less than 48% share seen in FY16.
3.Meanwhile, the central bank is planning to introduce varnished banknotes to increase their lifespan and durability.

GDP likely to clock 7.4% growth on pick up in industrial activity, monsoon: RBI:
1.The Reserve Bank expects India’s economic growth rate to accelerate to 7.4 per cent in the current financial year on pick up in industrial activity and good monsoon .
2.Several experts, including largest lender State Bank of India, expects the CAD to widen this fiscal on account of persistent high oil prices and large trade deficit.
3.As per the report, over the medium-term, the pace and quality of growth will be anchored by progress on the unfinished agenda of structural reforms in — resolution of banking and corporate financial stress; taxation; agriculture; liberalisation of the economy’s external interface, especially with FDI; and galvanising the business environment.

Union HRD Minister launches the 3rd edition of World’s Biggest Open Innovation Model – ‘Smart India Hackathon- 2019’:
1.The third edition of World’s Biggest Open Innovation Model – Smart India Hackathon 2019 was launched by the Union Minister for Human Resource Development, Shri Prakash Javadekar in New Delhi today.
2.Opportunity to brand your organization nationally Recognition and visibility for your organization across all technical institutions in India Young techies from all over the country offer out-of-the-box solutions to your problems Be part of World’s biggest Open Innovation Movement Opportunity to work with some of the best talent in the country Technology Students across India compete to creatively solve problems and offer technical solutions Harness expertise of lakhs of students from IISc, IITs, NITs and AICTE/UGC approved institutions
3.Dr. Abhay Jere, CIO, Ministry of HRD said, “With Smart India Hackathon 2019, for the first time we are approaching Public and Private sector organizations, and NGOs for sharing problem statements.

Col. Rathore Greets Sportspersons on National Sports Day:
1.Press Information Bureau Government of IndiaMinistry of Youth Affairs and Sports29-August-2018 16:25 IST
2.Col. Rathore Greets Sportspersons on National Sports Day Union Minister of State for Youth Affairs and Sports (I/C) Col Rajyavardhan Rathore has greeted sportspersons on the occasion of National Sports Day.
3.In a tweet message the Minister said, ‘Today, we commemorate Major Dhyan Chand’s Birth Anniversary as National Sports Day.

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