The Hindu NOTES The Hindu NOTES – 22nd Jan, 2018(Daily News Paper Analysis)

📰 THE HINDU NEWSPAPER DAILY  Hindu Current Affairs Analysis


Date:- 22nd-Jan, 2018

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Disqualification of AAP MLAs approved {Governance}

President Ram Nath Kovind on 21st January, 2018 accepted the recommendation of the Election Commission to disqualify 20 MLAs of the Aam Aadmi Party (AAP), the ruling party in the national capital, for holding offices of profit.

Eligibility Criteria to become an MLA

  • The qualifications needed to become an MLA are almost similar to the eligibility criteria for an MP. Besides being a citizen of India, the individual should not be less than 25 years of age. On a more fundamental note, a person, who is not a voter from any constituency of the state, is not eligible to become an MLA.
  • It’s to be noted that an MLA is elected by the people of a particular constituency and he/she represents those electorates in the legislative Assembly. MLAs enjoy the same position in the state as MPs on a national level.

 NGT orders ‘intensive survey’ of rivers in western UP {Governance}, {Environment}

  • The NGT has ordered “intensive survey” of the Kali, Krishna and the Hindon rivers in western Uttar Pradesh and directed the inspection of 316 industries which are allegedly polluting the water bodies.
  • The order comes after a plea filed by an NGO alleged that 50 villagers have died of cancer in western UP.

Highlights

The observation came after advocate Gaurav Kumar Bansal mentioned before the bench that bodies of humans and animals were being dumped in river Ganga and the authorities were allegedly not taking any action on the same.

The green panel had also ordered a joint inspection by a team comprising officials from Central Pollution Control Board, UPPCB, UPCB and a representative from Environment Ministry at points where tributaries of river Ganga from Uttarakhand and Uttar Pradesh meet the Ganga.


 Single variety paddy seeds reason for pest attacks in Odisha {Economy}

According to experts, no seed variety is to be used continuously for more than a decade.

Cause of destruction of crops

Unscientific use of single variety of paddy seeds by farmers for more than a decade is the key reason behind the large-scale destruction of standing crops by pests like brown planthopper in Odisha

Issue

Traditionally Odia farmers were rotating their paddy seed variety which they are not doing now.

Consequences

The soil becomes unproductive.


 Federal govt. shutdown may affect India’s exports to U.S. {Economy}

Indian shipments to the U.S. are likely to get affected following the shutdown of that country’s Federal Government.

How?

The American economy is among the largest destinations for (India’s) exports.

Funding approval

According to reports, Federal government employees had been asked to work without salary or stay home till new funding was approved.

The Federal Government of the United States (U.S. Federal Government) is the national government of the United States, a republic in North America, composed of 50 states, one district, Washington, D.C. (the nation’s capital), and several territories.


 The importance of credit scores {Economy}

Why in news?

Recently, a customer in Chennai was refused loan by a bank despite having a good repayment track record, due to an error in his credit score. 

Why are credit scores important?

A credit score determines how creditworthy a person is and helps banks and financial institutions decide on loans. A person with a high credit score enjoys access to credit facilities without hassles.

Who issues credit scores?

In India, the scores are issued by credit reporting agencies such as CIBIL, Equifax, Experian and the like. These agencies are regulated by the RBI and collect data from banks on their loans and come up with credit scores through use of algorithms. The data is updated frequently. Credit scores in India range from 300-900.

Is credit report available for free?

A credit report may be obtained for free once a year from every credit reporting agency. However, what is free is a matter of debate. More frequent reports cost ₹300-₹400 apiece.

Can errors creep in?

Yes

Reporting error: sometimes, banks report wrong client data to the bureau which can, in turn, lead to errors in the credit report.

Algorithmic error: the bureau uses a matching algorithm to generate a credit report based on multiple data sets (pertaining to each bank) submitted by banks. Often, due to the lack of unique identifiers, the matching logic can go wrong which can lead to errors.

Identity theft error: this happens when someone impersonates another person (who has a good credit record) to take a loan and then defaults on the loan.


 Artificial Intelligence is making inroads into tourism sector {Science & Tech}

Hotels are hoping to use artificial intelligence to get better knowledge of their clients via personal data provided on reservation or “beacon” technology.

Possible features

  • A hotel room automatically adjusting to the tastes of each guest, virtual reality headsets as brochures
  • In a prototype of the hotel of the future on display at Madrid’s Fitur tourism fair, receptionists have disappeared and customers are checked-in via a mirror equipped with facial recognition.
  • Once the client is identified, the room adapts itself automatically to all demands made at reservation: temperature, lighting, Picasso or Van Gogh in the digital frames hanging on the walls.

AI algorithms

Fed with this data, AI algorithms will get to work, determining what the clients’ habits are to lure them back again by offering a tailor-made experience, or sell them additional products.


 

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