Daily Newspaper article’s summary 2018-10-17

Daily Newspaper article’s summary 2018-10-17

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

Slippery slope:
1.India’s policymakers now face the difficult task of safely steering the economy in the midst of multiple external headwinds.
2.For one, the current account deficit widened to 2.4% of gross domestic product in the first quarter of 2018-19 and is expected to reach 3% for the full year.
3.Another long-term solution to the oil problem will be to increasingly tap into domestic sources of energy supply while simultaneously encouraging consumers to switch to green alternatives.

Istanbul mystery:
1.The controversy is particularly damaging for MBS, as Mohammed bin Salman is widely known, who spent millions to project himself as a social and economic reformer who could lead Saudi Arabia into the 21st century.
2.Chief executives of some of the potential big-ticket investors, including JP Morgan, Blackstone and BlackRock, have already pulled out of an investment conference due to be held in Riyadh next week, which MBS is expected to address.
3.Any delay in letting the world know the truth about Mr. Khashoggi will only make matters worse for the kingdom, which is already known for its poor human rights record, including on MBS’s watch.

Keeping pace with the Chief Minister:
1.Little did I know that the circumference of the circular walkway is little over a kilometre, and that Ms. Banerjee takes dozens of rounds every evening, surrounded by journalists and senior bureaucrats.
2.Clad in her trademark white saree with a green border and slippers, Ms. Banerjee began to walk briskly.
3.She disappeared, at the same swift pace, but not before proffering advice: “Do walk.” I nodded and stepped out of the Assembly, dishevelled and worn out.

What is revolving door in public policy?:
1.This refers to a practice wherein people in highly influential positions in the government move to jobs in the private sector and vice versa.
2.It is believed that such movement of people between the government and the private sector can lead to serious conflict of interest.
3.Similarly, people in the private sector can use their financial influence to lobby their way into positions of power in the government.

India has to balance pressures from U.S., China and Russia: Shyam Saran:
1.At a time when India’s relationships with big powers like the U.S., Russia, China and Europe are increasingly being complicated by their rivalries with each other, the country needs to follow its traditional policy of strategic autonomy, focussing on its own vital interests, says Shyam Saran, former Foreign Secretary and former Chairman of the National Security Advisory Board.
2.The departure came when the Narendra Modi government decided to invite [the Sikyong, the head of the Tibetan government-in-exile] Lobsang Sangay to the Prime Minister’s swearing-in and give the Dalai Lama’s visit to Tawang an official status, while the Arunachal Pradesh Chief Minister referred to [the State’s] boundary with “Tibet, not China”.
3.The tsunami relief gave India a high naval profile as a country that showed a swift maritime response to the crisis, and the U.S. floated the idea of four democracies working together for a consultative forum.

Politics as usual:
1.Verbal spats, allegations of sexual misbehaviour, and outright lies by leading figures create newspaper headlines too — and rightly so.
2.Calculated insults, refusing to attend the State Assembly and prolonged boycotts of Parliament do little for the credibility of politicians.
3.The president of the Nationalist Congress Party, Sharad Pawar, is well known for his cross-party links, and other senior Maharashtrian politicians have emulated him.

Slow burn to rage:
1.For too long, men got away because women were isolated, but social media has provided the scaffolding for an interlinked sorority that would have been hard to imagine even a few years ago.
2.Men have used the ‘sexual freedom’ trope to create a sub-culture where a woman rejecting demands for one-night stands or nude photos is deemed ‘uncool’; a milieu that puts immense pressure on women to acquiesce.
3.It can only be addressed by familial and social sensitisation that begins from infancy, creating a society that grants women equality and dignity by default.

A security architecture without the mortar:
1.While the government’s spin managers valiantly claim that the surgical strikes of 2016 gave a befitting response to Pakistan, and the stand-off at Doklam conveyed to China that India is no pushover, the reality is that surgical strikes hardly made any significant gains, and the Chinese forces (by all accounts including a report of the Parliamentary Standing Committee on External Affairs) are back in the Doklam plateau with more force.
2.New Delhi’s neighbourhood policy continues to be in the doldrums and there is a clear absence of vision on how to balance, engage and work with the many great powers in the regional and the broader international scene.
3.To expect the NSA to chair all these committees and then action their recommendations while at the same time running the country’s national security affairs on a day-to-day basis is unrealistic, and would end up producing sub-optimal outcomes.

Composition scheme biz need not file purchase details while filing GST quarterly returns:
1.In a clarification, the ministry said there have been doubts regarding the manner of filing the quarterly return by composition dealers in Form GSTR-4 in the absence of auto-population of the details of inward supplies received from registered suppliers.
2.”In this regard, it is to clarify that the taxpayers who have opted to pay tax under the composition levy shall not furnish the data in serial number 4A of Table 4 of Form GSTR-4,” the ministry said in a statement.
3.”This clarification would help address the ambiguities which some of the composition dealers had on this disclosure requirement; specifically in the light of the auto-population facility not being available,” EY Tax Partner Abhishek Jain said.

Commerce ministry working on new export incentive scheme:
1.NEW DELHI: The commerce ministry is working on a new World Trade Organisation (WTO)-compliant export incentive scheme for merchandise shipments to replace the existing MEIS, an official said.
2.The WTO is a Geneva-based 164 member body which frames rules and norms for global exports and imports.
3.The US has challenged India’s export subsidy programmes such as MEIS in the WTO, asserting that these initiatives harm its companies by creating an uneven playing field.

45 Indian companies participating in Expo Cihac in Mexico City:
1.Trade Promotion Council of India (TPCI) is leading a contingent of 45 exhibitors, representing various sectors of the construction industry like building materials, construction equipment, interior furnishing, manufacturing and marketing of ceramic vitrified tiles to Expo Cihacin Mexico City.
2.Expo Cihac is the leading event for the construction industry being held in Citibanamex Center, Mexico from today till October 20, 2018.
3.This event is expected to bring together the best products, technologies and innovations in construction from all over the world.More than 570 exhibitors from the field of architecture, engineering, interior design, lighting, home automation and machinery are participating in the expo.

Guidelines and Model Concessionaire Agreement for Public Private Partnership for Non Communicable Diseases in launched by NITI Aayog:
1.NITI Aayog launched today the Guidelines and Model Concessionaire Agreement, MCA for Public Private Partnership, PPP for Non Communicable Diseases.
2.The documents have been developed by NITI Aayog in partnership with the Ministry of Health and Family Welfare, State Governments and representatives from the healthcare industry.
3.The MCA and Guidelines for the provision of prevention and treatment services for NCDs could be adapted and customized by each State to ultimately develop appropriate strategies in accordance with the requirements provided in these documents.

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