11,December,18 Daily newspaper article’s summary
Summary of newspaper articles from ‘The Hindu’, ‘Economic Times’ and PIB
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1.The Reserve Bank of India Governor Urjit Patel has cited personal reasons for resigning with immediate effect, but anyone who has followed the events of the last couple of months will know it was anything but that.
2.It was a period during which the Centre and the RBI were engaged in an unseemly tussle over a clutch of issues that had a bearing on the RBI’s autonomy, something that Mr. Patel had sought to preserve.
3.Mr. Patel’s decision clearly caught everyone by surprise as it came following perceptions of a thaw in relations between the Centre and the RBI, after an agreement was hammered out at a board meeting last month on some of the contentious issues, including a controversial proposal to use the central bank’s reserves for fiscal purposes.
1.When R. Ashwin dismissed Josh Hazlewood and Virat Kohli roared in delight at the Adelaide Oval on Monday evening, they firmly threw down the gauntlet to hosts Australia.
2.That result set a debilitating pattern and subsequent visits ended up with two grim realities — the inability to crack the first Test jinx, and the larger failure to win a series Down Under.
3.India overcame Australia’s diminished strength with Cheteshwar Pujara’s glorious 123; the niggardly spells, potency and craft displayed by Ishant Sharma, Mohammed Shami, Jasprit Bumrah and Ashwin; the better batting on view in the second innings as reflected in Ajinkya Rahane’s knock.
When the phone buzzes at odd hours, you know it’s Trump:
1.From the sacking of his Secretary of State to what he thinks of transgender soldiers, the world — and reporters — get to know the U.S President’s thoughts through Twitter regularly.
2.Among things that we heard this week was his commentary on his former Secretary of State, Rex Tillerson: “He was dumb as a rock… He was lazy as hell.” His take on the protests in Paris?
3.While Twitter has remained his principle tool of communication, a few times in the last 23 months Mr. Trump has also surprised scribes in the White House briefing room by suddenly appearing through the blue door behind the spokesperson’s podium, mostly to give some teasers on something that would happen later.
1.Firstly, the party was slow to smell political capital in the Supreme Court verdict that permitted women of all ages to offer worship at the temple.
2.It wanted the Pinarayi Vijayan government to move the Supreme Court with a review petition and urged the Centre to bring in a law upturning the verdict.
3.Sreedharan Pillai told a Yuva Morcha meeting that the Sabarimala issue was a “golden opportunity” for the BJP to grow and, with its huge grassroots-level network, the Sangh Parivar could easily mobilise men, women and material for the campaign.
Don’t believe the anti-GMO campaign:
1.“India has one of the strongest regulatory protocols for field trials of GM crops.“ Bt Cotton being harvested near Salem, Tamil Nadu, in 2005.>Shaju Joh>
2.A review article, “Modern technologies for sustainable food and nutrition security”, which appeared in the November 25 issue of the peer-reviewed journal Current Science, is deeply worrying.
3.While the general public can be easily swayed by unauthenticated reports, the authors, as scientists, should have relied on hardcore scientific evidence before making such adverse comments.
The Congress’s experiments:
1.If this combination can decrease the gap in vote share with the Telangana Rashtra Samithi substantially, if not win the election, it would strengthen the idea of a countrywide mahagathbandhan for 2019, with State-specific alliances and a national agenda for governance.
2.Of course, since north-eastern States tend to go with the party ruling at the Centre, the Congress, apart from warning people that voting for its principal ally, the Mizo National Front, would only help provide a back-door entry for the BJP, did little else.
3.But regardless of which party emerges the victor in these elections, by resurrecting Rajiv Gandhi’s brand of competitive communalism, Mr. Gandhi has also helped nudge the political discourse a little more rightwards, from pluralism to Hindu fundamentalism.
Anchored in human rights:
1.There are also seemingly endless technological tweaks to the Directly Observed Treatment, short course (DOTS) strategy, which requires patients to report every day to a health authority, who watches them swallow their tablets.
2.International institutions, donors and countries need to focus and collaborate on the urgent production and distribution of affordable generics of bedaquiline and delamanid.
3.In sufficient numbers equipped with proper training and dignified conditions of employment they would lead the response by bringing care to those furthest from the reach of traditional health-care systems.
Ascent to the temple of democracy:
1.Given the experience of the ending of a feudalism that had persisted for centuries in Kerala, the reception to the Supreme Court’s verdict on the practice of excluding women of menstruating age from the shrine at Sabarimala is disappointing.
2.The opposition to women’s entry at Sabarimala is at times met with an appeal to history, that the temples of Kerala have witnessed far greater transformation in the past, having been thrown open to all sections of Hindus over 75 years ago.
3.The Church was discouraged in the former Soviet Union, China frowns upon the faith of the Uighurs, and the Saudi Arabian state is not exactly tolerant of religious plurality.
Government likely to make announcement on RBI soon: Finance Secretary:
1.The government is likely to make an announcement regarding Urjit Patel ‘s successor as Reserve Bank of India’s Governor later in the day, Finance Secretary A N Jha said.
2.The decision to quit comes four days ahead of a crucial meeting of the board of the central bank that could have discussed issues of simmering differences with the government.
3.A Kenyan national who acquired an Indian citizenship prior to being appointed Deputy Governor of RBI in January 2013, Oxford-trained Patel was initially seen as toeing government line after he backed the November 2016 shock decision to overnight junk 86 per cent of the currency in circulation.
RBI’s institutional capabilities very strong; not dependent on any particular individual: Niti:
1.Patel’s resignation came after a month-long tussle over policy with the government that has raised concerns about the central bank’s independence as a national election nears.
2.A day after Urjit Patel resigned as RBI Governor, Niti Aayog Vice Chairman Rajiv Kumar Tuesday said the central bank’s institutional capabilities are ‘very strong’ and it will do whatever is required for the markets and economy.
3.The rupee Tuesday plunged by a significant 110 paise in early trade as domestic equities saw heavy sell-off amid crucial state election results and the unexpected resignation of Reserve Bank Governor Urjit Patel.
To connect with Direct Benefit Transfer (DBT), an online portal “ENSURE” has been launched:
1.Union Minister of Agriculture and Farmers’ Welfare Shri Radha Mohan Singh launched a portal ENSURE- National Livestock Mission-EDEG developed by NABARD and operated under the Department of Animal Husbandry, Dairying & Fisheries today.
2.Under the Mission’s component called Entrepreneurship Development and Employment Generation (EDEG), subsidy payment for activities related to poultry, small ruminants, pigs etc.
3.In order to make it better, simpler and transparent, the NABARD has developed an online portal “ENSURE” ( ensure.nabard.org ) so that the information related to beneficiary and processing of application can be made readily available.
Shri Dharmendra Pradhan says the Government’s focus is to bring about transformational changes in the energy landscape of India to fulfil the twin objectives of energy justice and climate justice;:
1.Shri Pradhan said that Prime Minister Modi’s goal of transforming life’s of our people by providing them an equitable access to clean and affordable energy will continue to remain basis for building New India.
2.Ujjwala Yojana has brought about multiple positive benefits in the form of health, economic empowerment and environmental benefits.Government has launched a scheme to produce Bio CNG by setting up 5000 Bio-CNG plants in next five years.
3.Our recent efforts to jointly develop oil and gas projects in Russia’s Arctic shelf and Pechora and Okhotsk Seas during Russian President Vladimir Putin’ visit is a testimony to this.
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