Daily Newspaper article’s summary 2018-11-08

Daily Newspaper article’s summary 2018-11-08

Summary of Newspaper artciles from ‘The Hindu’, ‘Economic Times’ and PIB
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Shape of sanctions:
1.The waivers are welcome also as they indicate that despite all the harsh rhetoric on “choking Iran”, the U.S. may have had a rethink on its sanctions, and the costs incurred in pushing around allies and partners such as India, Japan and South Korea to “zero out” oil purchases.
2.The alternative rupee-rial mechanism, which was operationalised in 2012 during the last round of sanctions, depends on increasing Iranian demand for Indian goods to balance India’s annual purchases of about $10 billion, which hasn’t fructified yet.
3.Unlike China, it chose to reduce its oil intake from Iran, and entered into negotiations for alternative fuel supplies from Iran’s rivals in the Gulf.

Back in DC:
1.Results among the 36 gubernatorial races favoured Democrats: although Mr. Trump’s support paid off in some swing States crucial to his 2020 re-election campaign, including Florida, Iowa and Ohio, his party failed to hold on to power in Wisconsin and Michigan.
2.While the 2018 midterm election results tracked the typical historical pattern of the party controlling the White House facing setbacks on Capitol Hill, the voter split appeared to reflect the legacy of Mr. Trump’s 2016 campaign.
3.If bipartisanship, and not belligerence, emerges between the two sides, that might then afford some space to discuss concerns about the functioning of the U.S. democratic machine, including campaign finance laws, redistricting and voter suppression.

Advancing BS-VI emission norms:
1.On October 24, the Supreme Court banned the sale and registration of vehicles conforming to Bharat Stage (BS)-IV emission standards across the country, from April 1, 2020, citing “alarming and critical” pollution levels.
2.However, given the drastic increase in air pollution levels, particularly in the Delhi-NCR region, the government decided to leapfrog BS-V, while also advancing the introduction of BS-VI emission norms to 2020.
3.The industry had also argued in court that since they were allowed to manufacture BS-IV vehicles till March 31, 2020, they should be granted reasonable time to sell that stock.

Embers of hope:
1.With tension permeating the India-Pakistan military and diplomatic relationship for the larger part of seven decades, people-to-people and economic links have borne the brunt of this mutual aggression.
2.In September, bilateral tensions further soured after the killing of a Border Security Force soldier and the cancellation of a meeting between the two Foreign Ministers, yet two other developments rekindled hopes of creative collaborations.
3.On September 8, Pakistani Information Minister Fawad Chaudhry said in an interview that his country was willing to provide visa-free access to the Kartarpur Sahib gurdwara.

Always a world citizen:
1.Kamaladevi Chattopadhyay has long been recognised in India as the person chiefly responsible, after Independence, for the revival of the country’s variegated crafts traditions and for drawing critical attention to ‘tribal art’.
2.She is generally viewed as an authority on Indian handicrafts, but Chattopadhyay played no less a role in nurturing craftspersons and shaping the cultural institutions that in independent India would be charged with promoting dance, drama, theatre crafts, music, puppetry, pottery and textiles.
3.All of this transpired within the space of less than a year; yet Chattopadhyay continued to forge such networks over the course of three decades, facilitating India’s emergence as one of the leaders of the Non-Aligned Movement and the crafting of the Bandung Declaration of 1955 which was a clarion call for a fundamental reordering of the world order.

Protecting against polio:
1.The IPV produces humoral immunity (involving antibodies in body fluids) so the immunised child does not get paralysis, but it can’t stop the circulation of wild polio viruses.
2.As Pushpa Bhargava noted in an article in The Hindu (2008), the decision to manufacture the IPV in India was taken in 1988 and a company was eventually set up with technology transfer from France.
3.A single dose of the IPV primes the immune system and the antibodies against the polio virus, seen in more than 90% of immunised infants, notes a paper in The Lancet.

India and the U.S., oceans apart:
1.So the Donald Trump administration’s displeasure at India’s recent decision to buy the S-400 missile system from Russia puts a question mark about the future of India-U.S. cooperation in the Indo-Pacific for three reasons.
2.Mr. Trump’s ideal of “America first” is about protecting American jobs, ensuring reciprocal bilateral trade practices, and the key role of the private sector — not the state — in directing investment.
3.The NSS says: “Prosperous states are stronger security partners who are able to share the burden of confronting common threats.” Is the current talk of India’s economic prowess more about potential than reality?

The party of Hinduism?:
1.Even if this were true, his temple visits, which rarely seem to take place without a photo-op, the recent emergence of vermilion on his forehead, his pilgrimage to Kailash Mansarovar, and his coming out as a Shiv bhakt, are all gestures saturated with political significance.
2.But can we truly characterise his description of the Congress as a “party of Hinduism”, or his embodiment of Hindu symbolism on the campaign trail, as actions in keeping with either the spirit of the Representation of the People Act or the secularism the Constitution speaks of?
3.For these ‘proud Hindus’, one of whom has recently penned a bestselling book on why he is one, the classical secularist position that one’s religion is a private matter and not an instrument to garner social or political capital is, of course, past its sell-by date.

RBI, FinMin should resolve differences; come together in national interest: Arvind Panagariya:
1.Amid the ongoing tussle between the government and the RBI , former Niti Aayog vice chairman Arvind Panagariya has suggested that the two sides must eventually ‘compromise’ and ‘come together in national interest’.
2.Observing that RBI and the government ought to work in close cooperation, he said, “Even when there are differences between the two sides, they must eventually compromise and come together in national interest”.
3.Panagariya, who is currently a professor of Indian Political Economy at Columbia University , pointed out that even in the US, the government and the Federal Reserve sometimes work in close cooperation as had happened in the immediate aftermath of the 2008 global financial crisis.

Sugar exports from India to China to begin soon: Government:
1.Export of raw sugar from India to China will begin early next year, the government said on Thursday.
2.Indian sugar is also of a high quality and is Dextran free because of the minimum time taken from cut to crush.
3.India is in a position to become a regular and dependable exporter of high quality sugar in significant volumes to China.

Prime Minister Shri Narendra Modi will dedicate to the nation the Multi Modal Terminal on River Ganga at Varanasi on 12th November:
1.Prime Minister Shri Narendra Modi will dedicate to the nation the newly constructed Multi Modal Terminal on River Ganga at Varanasi on Monday, the 12 th of November, 2018.
2.The Jal Marg Vikas Project (JMVP) is being implemented on the Haldia-Varanasi stretch of National Waterway-1 (NW-1) with the technical assistance and investment support of the World Bank, at an estimated cost of Rs.
3.Prime Minister Shri Narendra Modi will dedicate to the nation the Multi Modal Terminal on River Ganga at Varanasi on 12th November PM will also receive India’s First Container Cargo being transported on an Inland Waterway

Revival and modernization plan for Nepa Limited:
1.Revival and modernization plan for Nepa Limited The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Narendra Modi announced a financial package of Rs.
2.469.41 crore for the Revival and Mill Development Plan (RMDP) of Nepa Limited, a public sector newsprint company located in Nepanagar, Madhya Pradesh on 3 rd October 2018.
3.Nepa Ltd. is a pioneer news print company located in Burhanpur districtofMadhya Pradesh.

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