The Hindu NOTES – 12th Dec, 2017(Daily News Paper Analysis)

📰 THE HINDU NEWSPAPER– DAILY  Hindu Current Affairs Analysis 12th Dec 2017


Date:- 12-Dec, 2017

Archive

Click To Download PDF



📰 No WTO deal without food security: India {Governance}

In news

India said it cannot envisage any negotiated outcome at the ongoing meeting of the World Trade Organisation’s (WTO) apex decision-making body, which does not include successful resolution of the food security right issue.

Why?

India has made it clear that it will not accept a ‘permanent solution’ with onerous conditions that in turn make it very difficult for the (Indian) government or other developing countries to meet the food security needs of their people.

What is permanent solution?

  • For India and other G-33 countries with a large population dependent on agriculture, it is important that subsidies extended for public stock-holding programmes — in the form of minimum support prices to farmers — do not face penalties at the WTO.
  • At present, such subsidies are classified as trade distorting and capped at 10 per cent of production value.
  • The G-33 group has proposed a permanent solution, but it has not been accepted by many members yet, including Australia, Russia, Japan and Thailand.
  • The G-33 proposed inserting a new annex (Annex 6) to the WTO Agriculture Agreement, to allow public stock-holding programmes to be exempted from a cap on trade-distorting domestic support, as long as they met the requirement to share information.

📰 ISRO developing a compact launcher for small satellites (Science & Tech.)

A low-cost small satellite launcher could be the next item on the menu of the Indian Space Research Organisation.

Highlights

  • It is being developed at Vikram Sarabhai Space Centre.
  • Will be capable of putting 500 to 600 kg satellites in orbits
  • VSSC has designed the vehicle using the rocket technology that it already has and is awaiting ISRO’s approval

India’s other launcher

Since 1999, ISRO’s PSLV rockets have launched 209 small satellites from 28 countries for a fee; they have been for experimental, university or remote-sensing uses.

In February this year, a PSLV carried a record 104 satellites to space. The next one planned in January 2018 will carry some 30 small customer satellites to space — their weights ranging from 1 kg to 100 kg.


📰 ‘Growth may rebound to 7.2% in FY19’ {Indian Economy}

In news

India is set to see growth accelerating to 7.2% in 2018-19 and 7.4% in 2019-20, up from the 6.7% in 2017-18, according to the United Nations’ World Economic Situation and Prospects 2018 report.

The anaemic performance of private investment remains a key macroeconomic concern.

How?

Gross fixed capital formation as a share of GDP has declined from about 40% in 2010 to less than 30% in 2017, amid subdued credit growth, low capacity utilisation in some industrial sectors and balance sheet problems in the banking and corporate sectors.”

“The GDP growth projections for 2017-18 reflects a sharp downward revision by 1% (as compared with the projection made for the year in last year’s report.

Other major concern

Monetary policy

  • There exists some degree of uncertainty over the monetary policy stance in India.
  • Subdued inflation, coupled with a good monsoon season, offers scope for additional monetary easing.
  • However, if inflation accelerates faster than anticipated, the loosening cycle could end abruptly.”

📰 Govt. sets up NIC-CERT centre to detect, prevent cyberattacks (Cyber Security)

Context

All communications between government departments — Centre, State and district, as well as interactions between the government and the citizens takes place through NIC’s network.

In news

The Centre on Monday unveiled the NIC-CERT centre that would monitor and help in early detection and mitigation of cyberattacks on government networks.

Benefit

The NIC-CERT will help us in our pursuit of a safe cyberspace by early detection of any attack on India’s systems

NIC’s (National Informatics Centre) networks handle about 500 GB of data at any given point in time.

Current Situation of NIC

NIC-CERT currently has a team of about 30 cybersecurity professionals working in two shifts. This is in addition to the more than 300 people in the cybersecurity team who already work at the NIC.

How will the centre work?

  • NIC-CERT will operate in close co-ordination and collaboration with other sectoral CERTs and more so with CERT-In, she added.
  • The government had already announced setting up of sectoral CERTs (computer emergency response teams) for sectors such as finance and power.
  • “Using various tools, the team at NIC-CERT will be able to identify vulnerabilities and possible exploits and the intelligence gathered will give CERT the ability to predict and prevent attacks.

📰 Decision on Iran deal back in Trump’s court {International}

In news

A decision on America’s continued participation in the Iran nuclear deal could be back in President Donald Trump’s hands, as the U.S Congress appears unable to gather support to amend an existing oversight law, as he had demanded.

Background

  • In October, Mr. Trump had refused to issue a certification required for the maintenance of the deal, and asked Congress to amend the Iran Nuclear Agreement Review Act — INARA — that had established legislative oversight on the operation of the deal
  • INARA allowed Congress 60 days to reimpose nuclear-related sanctions on a fast pace against Iran in the event of a decertification by the President.
  • That deadline ends this week

Why trump has refused certification?

The Iranian regime supports terrorism and exports violence, bloodshed and chaos across the Middle East. That is why we must put an end to Iran’s continued aggression and nuclear ambitions. They have not lived up to the spirit of their agreement

Consequence

If Trump declines to certify Iran’s compliance, U.S. congressional leaders would have 60 days to decide whether to reimpose sanctions on Tehran suspended under the agreement.

Trump’s expected move would be to isolate the United States since the Europeans would continue to support it.

Iran Nuclear Agreement Review Act — INARA

  • It is a bill that was passed by the US Congressin May 2015, giving Congress the right to review any agreement reached in the P5+1 talks with Iran aiming to prevent Iran from obtaining nuclear weapons.
  • The bill passed in the Senate by 98 to 1 (only Tom Cotton voted against), and then passed in the House by a vote of 400 to 25 on May 14.[1] President Barack Obama had threatened to veto the bill, but eventually a version was arrived at that had enough support to override any veto and Obama did not try to veto it.

📰 Need all-out push on terror: RIC {International}

In news

Russia, India and China on Monday commended the victory of the Moscow-led counterterrorism operation in Syria.

After the 15th trilateral meeting of the three Foreign Ministers held here under the RIC grouping

Highlights

  • India praised Russia-led counterterrorism efforts and achievements in Syria aimed at defeating international terrorism.
  • We emphasise the achievements in Syria aimed at defeating international terrorism.
  • We emphasise the need for a comprehensive approach in combating terrorism

How can terrorism stop?

  • stop sources of terrorist financing,
  • prevent travelling of and the supply of arms to terrorists,
  •  dismantle terrorist infrastructure.

📰 Nagaland’s tourism showpiece attracts record visitors {Art & Culture}

In news

The Hornbill Festival of Nagaland attracted a record 2,43,214 visitors this year, a sharp climb compared to the previous years.

All about Hornbill Festival

It is a celebration held every year from 1 – 10 December, in Nagaland, Northeast India. It is also called the ‘Festival of Festivals’.

Background

  • The state of Nagaland is home to several tribes, which have their own distinct festivals. More than 60% of the population of Nagaland depends on agriculture and therefore most of their festivals revolve around agriculture. The Nagas consider their festivals sacred, so participation in these festivals is essential,
  • To encourage inter-tribal interaction and to promote cultural heritage of Nagaland, the Government of Nagaland organizes the Hornbill Festival every year in the first week of December. The first festival was held in 2000,
  • The festival is named after the Indian hornbill, the large and colourful forest bird which is displayed in the folklore of most of the state’s tribes.

Economic potential

The Hornbill Festival has contributed significantly to enhancing the state’s tourism brand. Tourism promoters believe that the Hornbill Festival in Nagaland allows tourists to have an insight into the different tribes of Nagaland.


 

Print Friendly, PDF & Email
We will be happy to hear your thoughts

      Leave a reply

      Current Affairs ONLY
      Register New Account
      Reset Password