The Hindu NOTES – 13th Nov 2017(Daily News Paper Analysis)

📰 THE HINDU NEWSPAPER– DAILY  Hindu Current Affairs Analysis 13th Nov 2017



Date:- 13-NOV, 2017

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📰 Navigation rights figure in first Quadrilateral talks

  • Beginning a new diplomatic initiative, India participated in the first formal official-level discussions conducted under the recently mooted regional coalition known as the ‘Quad’, the quadrilateral formation that includes Japan, India, the United States and Australia, on the sidelines of the 31st ASEAN and the 12th East Asia summits in Manila, Philippines.
  • “The discussions focussed on cooperation based on their converging vision and values for promotion of peace, stability and prosperity in an increasingly inter-connected region that they share with each other and with other partners. They agreed that a free, open, prosperous and inclusive Indo-Pacific region serves the long-term interests of all countries in the region and of the world at large,” the Ministry of External Affairs (MEA) said in a statement on the quadrilateral.
  • Indicating the simmering regional tension with China and Beijing’s assertiveness over the South China Sea issue, a statement from the Australian Foreign Ministry informed that freedom of navigation figured at the ‘Quad.’ It said, “upholding the rules-based order in the Indo-Pacific and respect for international law, freedom of navigation and overflight; increase(d) connectivity; challenges of countering terrorism and upholding maritime security in the Indo-Pacific” were also discussed.
  • Official sources emphasised that the quadrilateral was not aimed at any other country, and said India was also involved in other similar groupings in the region to deal with security and political issues.

📰 South China Sea, Rohingya on ASEAN map

  • China’s build-up of ‘air surveillance and domination projects’ in the region also likely to come up for discussion
  • The maritime dispute over the South China Sea, mass departure of the Rohingya citizens of Myanmar into Bangladesh and India, North Korean nuclear posturing and Islamic State-linked terrorism are likely to be the key talking points at the 31st ASEAN summit.
  • The South China Sea has been at the center of discussions on multilateral problems at the ASEAN-China level, which has been further complicated by China’s land reclamation projects aimed at building air surveillance and domination projects in the region.
  • Rohingya crisis
  • Dhaka expected ASEAN to raise the issue in a prominent way and convince Myanmar to stop the atrocities against the Rohingya.
  • The presence of the pro-Islamic State militants in the Maraqi city in southern Philippines is also expected to receive attention as the fight with the militants has been a major domestic issue of the Philippines.
  • The developments in Marawi have also emerged as a reason for it to seek international support. China has in recent months extended support to the Philippines.
  • It is expected that the simmering tension between the North Korea and the U.S. and Japan will also feature prominently on the agenda.

📰  Collegium to take call on 40 names for HC judges

  • The Supreme Court collegium would take a call on appointing 40 judges to nine courts, a senior functionary said even as 106 judges had been appointed to the constitutional courts this year.
  • The Law Ministry forwarded recommendations from nine High Courts to the collegium to appoint 40 judges.
  • By Law Ministry data, as on September 1, while the approved strength of judges in the 24 High Courts was 1,079, there were 413 vacancies and these High Courts were functioning with an effective working strength of 666 judges.
  • As per the procedure, a three-member High Court collegium recommends a name to the Supreme Court collegium.
  • The recommendation is initially sent to the Law Ministry, which attaches an Intelligence Bureau (IB) report about the candidate’s record and forwards it to the SC collegium for the final call.
  • The collegium had recently said the judiciary and not the IB was a better judge of who should be part of the judiciary.
  • Commenting on the appointment of judges, Union Law Minister Ravi Shankar Prasad said that 126 judges were appointed in 2016 which was a record since 1989.
  • He said on an average 82 judges were appointed annually.
  • As of now, 106 judges have been appointed in 2017.

📰 What humans do, cobots can too

  • Evil. Anti-worker. Job thieves. These are popular epithets to robots in a populous and labour-surplus country such as India.
  • But if robots complement human effort and help free up labour for deployment elsewhere, then the conversation takes a different turn.
  • Small, collaborative robots, or cobots, are gaining currency across the world, as also in India.
  • A cobot is intended to work hand-in-hand with humans in a shared workspace. They support and relieve the human operator of his excess work.
  • This is in contrast with full-fledged robots that are designed to operate autonomously or with limited guidance.
  • In an auto factory, while the the cobot tightens the bolts, the human worker places the tools in front of the cobot. In a biscuit factory, the cobot would package the biscuits while the worker segregates burnt ones not fit for consumption. In a small-scale industry, the cobot is placed on the drilling job while the worker performs a quality check.
  • Several firms, be it Bajaj Auto or Aurolab, have benefited from the adoption of cobots and are planning to add more to their shop floors. And, no one is complaining.
  • Aurolab’s is a case in point. The Madurai-based company makes intraocular lenses. Earlier. the lenses were made by women staff, above the age of 18. They helped make 150 lenses a day but today, using cobots, the firm makes 10,000 lenses a day. Now, the company exports to 150 countries. Headcount has also risen from 15 to 700.
  • The pricing, quality and productivity of the lenses are so good that the others are importing it.
  • Universal Robots of Japan, which has 50-60% market share in cobots globally, has so far sold 18,500 units, including more than 300 in India.

📰 More capital will push PSBs to up MSME credit: Arun Jaitley

  • While there has been a significant increase in public investment and FDI inflows, but the private investment a key growth engine has continued to lag.
  • The finance minister said more capital for public sector banks will prompt them to increase credit flow to MSMEs.
  • This will ensure that “third engine” of private investment is fired up to propel growth and create jobs.
  • MSMEs the sector creating jobs and giving the boost to the economy has no access to international finance or bond market and the Demonetization decisionhas especially affected the MSMEs thus increased flow of credit plays a significant role.

Solution

  • government had unveiled a mega capital infusion worth Rs 2.11-lakh crore two-year roadmap to strengthen PSBs, which includes recapitalization bonds, budgetary support, and equity dilution
  • The government also ensured noninterference in commercial transactions
  • A robust public sector banking system is desired so that ability to support growth itself increases.


 

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