The Hindu NOTES – 06th Nov 2017(Daily News Paper Analysis)

📰 THE HINDU NEWSPAPER– DAILY  Hindu Current Affairs Analysis 06th Nov 2017



Date:- 06-NOV, 2017

Archive


📰 Supreme Court, High Court judges get DA hike

In news:

  • The dearness allowance of judges of the Supreme Court and the 24 High Courts has been increased to 139% with effect from July 1 “at the same rates as are admissible to the members of the all-India service”.
  • The judges have been given the DA hike based on the 6th Pay Commission as two bills to provide them the benefits of the Seventh Pay Commission are pending approval of the Union Cabinet.

📰 GST council likely to lower 28% tax on some common-use items

Context:

  • GST council meet

In news:

  • Expected changes: The Goods and Services Tax Council may consider lowering tax rates on goods such as handmade furniture, plastic products and daily-use items like shampoo, and simplify return filing rules.
  • The Council, headed by Finance Minister Arun Jaitley, will meet on November 10 to consider lowering the 28% rate on certain common-use items.
  • The panel is likely to rationalise the tax rate in sectors where the total incidence of taxation has gone up because the goods were earlier either exempt from excise or attracted lower VAT rates in the previous indirect tax regime.

📰 Banaganapalle mangoes get GI tag

A GI is primarily an agricultural, natural or a manufactured product (handicrafts and industrial goods) originating from a definite geographical territory.

  • The famous Banaganapalle mangoes of Andhra Pradesh and Tulaipanji rice of West Bengal are among the seven commodities that have been granted Geographical Indication (GI) this fiscal year by the Indian patent office.
  • Typically, such a name conveys an assurance of quality and distinctiveness, which is essentially attributable to the place of its origin.
  • Darjeeling tea, Tirupati laddu, Kangra paintings, Nagpur orange and Kashmir pashmina are among the registered GIs in India.

The other five products which have received the GI tag this year include

  1. Pochampally Ikat of Telangana;
  2. Gobindobhog rice of West Bengal;
  3. Durgi stone carvings and Etikoppaka toys of Andhra Pradesh; and
  4. Chakshesang shawl of Nagaland, according to the Indian patent office website.

In 2016-17, as many as 33 items got GI registration.

Experts said that this tag gave protection to the producer of these genuine products, which commanded premium pricing in the markets, both domestic and international.

GI Tag: Intellectual Property Rights

  • Geographical Indications of Goods are defined as that aspect of industrial property which refer to the geographical indication referring to a country or to a place situated therein as being the country or place of origin of that product.
  • Typically, such a name conveys an assurance of quality and distinctiveness which is essentially attributable to the fact of its origin in that defined geographical locality, region or country.
  • Under Articles 1 (2) and 10 of the Paris Convention for the Protection of Industrial Property, geographical indications are covered as an element of IPR
  • They are also covered under Articles 22 to 24 of the Trade Related Aspects of Intellectual Property Rights (TRIPS) Agreement, which was part of the Agreements concluding the Uruguay Round of GATT negotiations.
  • India, as a member of the World Trade Organization (WTO), enacted the Geographical Indications of Goods (Registration & Protection) Act, 1999 has come into force with effect from 15th September 2003.

📰 India-Ukraine panel meeting falls through 

  • A scheduled meeting of the India-Ukraine Inter-Governmental Commission on November 1 was cancelled at the last momentdue to a “scheduling problem”, despite all preparations for the event, including a draft protocol agreement on expanding bilateral ties being in place.
  • “We were fully prepared for the two-day programme but co-chairman from our side, Deputy PM Stepan Kubiv, had pressing engagement that prompted us to reschedule the meeting,” the Ukrainian diplomat said explaining that both sides have prepared a draft protocolcovering commercial and cultural ties that will be signed during the rescheduled meeting.
  • The Inter-Governmental Commission is likely to give a new political orientation to bilateral ties which will also cover defence and political issues of mutual interest.
  • “We are trying to hold the meeting during February,” he said explaining that there was no pressure from any other country, including from Russia, against the meeting.
  • Over the last year, India has held detailed talks with Ukraine which is fighting a war with Russia for several years.
  • Russia too has reached out to Pakistan holding military exercise with Pakistani anti terror units.

📰 Centre plans to set up more commercial courts

In news:

  • The Union government has proposed to establish commercial courts in districts to further improve the parameters.
  • The government is proposing amendments to facilitate the establishment of commercial courts, at the district level, in places where the High Courts have ordinary original civil jurisdiction.
  • Legal remedy to commercial disputes and enforcement of business contracts are parameters of the World Bank ranking.
  • In terms of ease of enforcing contracts, India jumped from 172 to 164.
  • The specified value of commercial disputes would be brought down so as to expand the scope of commercial adjudication effectively and expeditiously.

Varying performance

  • India’s performance has been varied within the legal framework.
  • For example, the World Bank’s ranking marked “court system and proceedings in India” 4.5 out of a total of 5, but in management of cases, it was 1.5 out of 6.
  • India also fared well in alternative dispute redress mechanism and scored 2.5 out of a total of 3 marks.

📰 Navy to use U.S. aircraft launch system in ship

  • The Navy is likely to go with an advanced catapult-based aircraft launch mechanism (CATOBAR) from the U.S. for its second indigenous aircraft carrier (IAC-II), which is on the drawing board.
  • For some time, India has been exploring the possibility of installing the U.S. electromagnetic aircraft launch system (EMALS).
  • While the older generation of CATOBAR was powered by a steam catapult, EMALS uses an electric motor-driven catapult instead, which allows the launch of much heavier aircraft and also reduces the stress on the aircraft.
  • However, the system is expensive, something that needs to be factored in.
  • The Navy envisages the IAC-II to be around 65,000 tonnes and capable of carrying over 50 aircraft.
  • While the Navy is keen on nuclear propulsion, which would give it unlimited range and endurance, its development in time seems doubtful.
  • The two countries had set up a joint working group on Aircraft Carrier Technology Cooperation (JWGACTC) under the Defence Technology and Trade Initiative (DTTI), which held several rounds of discussions.
  • India’s first domestic carrier, Vikrant, weighing 40,000 tonnes, is in an advanced stage of construction in Kochi and is scheduled to be launched by 2018-end.
  • It works on a Short Take-Off But Arrested Recovery (STOBAR) mechanism similar to that in the present carrier INS Vikramaditya, with an angular ski-jump.

📰 Missile from Yemen intercepted in Riyadh

  • Saudi Arabia intercepted and destroyed a ballistic missile near Riyadh’s King Khalid International Airport after it was launched from conflict-torn Yemen, in an escalation of the kingdom’s war against Iran-backed Houthi rebels.
  • The missile attack was the first aimed by the Shia rebels at the heart of the Saudi capital, underscoring the growing threat posed by the raging conflict in Yemen.
  • The missile was shot down but authorities reported no major damage or loss of life.
  • Saudi forces have shot down Houthi missiles before with Patriot surface-to-air missiles purchased from the United States, but few have come so close to a major population centre.
  • The brazen attack could escalate the proxy conflict between Riyadh and Tehran in Yemen.
  • The missile attack highlights how the war in Yemen is increasingly spilling across the border since a Saudi-led coalition began its intervention in 2015.

📰 INSV Tarini on second leg of circumnavigation

  • Indian Navy Sailing Vessel Tarini set sail from Fremantle, Australia, on the second leg of its global circumnavigation expedition with an all-woman crew of six.
  • The vessel had reached Fremantle on October 23 after completion of the first leg of its maiden voyage and is now headed to Lyttelton, New Zealand.
  • The crew interacted with a cross section of policy makers, political leaders, parliamentarians and military officers.
  • The voyage titled Navika Sagar Parikrama began from Goa in September 2017 and is to be completed in March 2018.
  • The distance will be covered in five legs, with stopovers at four ports — Fremantle (Australia), Lyttelton (New Zealand), Port Stanley (Falklands) and Cape Town (South Africa).
  • The 55-foot sailing vessel, INSV Tarini, built indigenously, was inducted in the Navy early in 2017.

 

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