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The Hindu Newspaper Analysis 03rd March 2020

Q.1)Consider the following statements with respect to ‘Organisation of Islamic Cooperation (OIC)’

1)India has an observer status at the OIC.

2)Only African and Asian countries are members of the OIC.

Select the correct statements

a) 1 Only

b) 2 Only

c) Both

d) None

2)Drake Passage connects 

 a) Pacific Ocean and Atlantic Ocean

b) Arctic Ocean and Atlantic Ocean

c) Pacific Ocean and Indian Ocean

d) Arctic Ocean and Pacific Ocean

3)Avangard missile’ is developed by

a) USA

 b) Russia

c) Israel

d) North Korea

 

1)Nine Delhi districts had contaminated groundwater in 2019: Jal Shakti Minister:-

Pollutants are :-

Excessive Salinity

Fluoride

Arsenic

Nitrate

Lead

Cadmium

Chromium

Nitrate is one of the most common groundwater contaminants in rural areas. It is regulated in drinking water primarily because excess levels can cause methemoglobinemia, or “blue baby” disease.

Chronic anemia can be caused by prolonged exposure to drinking water contaminated with cadmium (Cd).
Also causes Itai – itai disease.

Arsenicosis is caused by exposure over a period of time to arsenic in drinking water.

Inhalation of inorganic arsenic and inhalation of hexavalent chromium each cause lung cancer in smelter workers.

2)Over 1.13 lakh ‘doubtful’ voters in Assam:-

This is After NRC.

Cutoff Date for Assam NRC: 24 March 1971

This Date is as Per the Assam Accord : 1985.

Who are “Doubtful Voters” : D voter, sometimes also referred to as Dubious voter or Doubtful voter is a category of voters in Assam who are disenfranchised by the government on the account of their alleged lack of proper citizenship credentials.

The D voters are determined by special tribunals under the Foreigners Act, and the person declared as D voter is not given the elector’s photo identity card.

3)Govt. committed to resolving Dhangar quota issue, says CM:- Maharashtra CM said the  government is committed to giving justice to the Dhangar community, after the Opposition raised the issues
of the community’s pending demand for reservation, in the Legislative Council.

Who are Dhangars:- In Maharashtra, the Dhangars are classified as a Nomadic Tribe but in 2014 were seeking to be reclassified as a Scheduled Tribe in India’s system of reservation.

Are they Found only in Maharashtra ?? :- No, They are also Found in Goa and karnataka. But in Mharashtra they form 9% of the Population.

4)A.P. not in list for World Bank water scheme :- Union Minister of State for Jal Shakti and Social Justice and Empowerment  said Andhra Pradesh is not in the list of States that benefited from the ₹6000 crore Atal Bhujal Yojana, partially funded by the World Bank.

Beneficiary States : seven States Gujarat, Haryana, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh — have been selected for the scheme during the period 2020-21 to 2024-25.

The Minister said that under the Central Sector Scheme, groundwater resources would be developed and managed sustainably with community participation. The scheme was being implemented with the financial assistance of the World Bank with a sharing pattern of 50:50 between the Government of India and the World Bank.

5)Sharp decline in PSB fraud amount, Centre tells Parliament:-

Steps taken after the recent Bank Frauds:-

1)The Fugitive Economic Offenders Act is being invoked to attach and confiscate the assets of violators and strip
them of the entitlement to defend any civil claim.

2)The government has also asked these banks to strictly ensure rotational transfer of officials to mitigate the  possibility of their involvement in any fraud.

3)“For enforcement of auditing standards and ensuring the quality of audits, the government has established
the National Financial Reporting Authority as an independent regulator.

About NFRA:-

National Financial Reporting Authority (NFRA) is an independent regulator to oversee the auditing profession and accounting standards in India under Companies Act 2013.

It came into existence in October 2018.

According to Section 132 of Companies Act 2013, “NFRA is responsible for recommending accounting and auditing policies and standards in the country, undertaking investigations, and imposing sanctions against defaulting auditors and audit firms in the form of monetary penalties and debarment from practice for up to 10 years.

6)BEL bags $40 mn defence deal from Armenia:- In a boost to defence exports, Bharat Electronics Limited (BEL) won a $40 mn order for supplying four Weapon Locating Radars (WLR) to Armenia.

Swathi WLR was indigenously developed by the Defence Research and Development Organisation (DRDO) and manufactured by BEL.

Editorial 1:- Bottom or mirage?

Govt. thinks that the Bad time in the economy is over, Is it or is it just an illusion.

Current Status :- Manufacturing, which contributes just under a fifth to gross value added (GVA), was the biggest
drag posting a 0.2% decline and extending the sector’s contraction into a second straight quarter.

Output at electricity and allied utility services also shrank 0.7%, reflecting lack of demand from becalmed factories.

Why Govt. Thinks Bad Phase is Over :- However, agriculture and the three largest services sectors, including public administration and defence, shored up overall GVA, with farm output expanding by 3.5% and the  government centred services growing by 9.7%, according to NSO estimates.

IHS Markit India Manufacturing PMI for February pointed to an improvement in manufacturing, clearly a positive augury.

Few Important Parameters for analyzing Growth :- Still, a closer look at the actual numbers for private final consumption expenditure (PFCE) and gross fixed capital formation (GFCF) — key components of GDP — across the three quarters belies hope that the economy is out of the woods.

Both these are showing a downward trend in the economy. Thus what seems is actually a mirage of betterment and not the actual betterment.

In actuality the investment is not coming in the country.

Automobile sales are not that good too.

Thus the status of economy is not that good and it should not be overlooked.

EDITORIAL 2:- Pushing the wrong energy buttons

Central Theme : The idea of India importing nuclear reactors is a zombie one with serious concerns about their cost and safety.

Background:– Nuclear Power Corporation of India Limited and Westinghouse Electric Company to finalize the techno-commercial offer for the construction of six nuclear reactors in India at the earliest date”.

Why the deal didn’t Worked Out :- Because of serious concerns about cost and safety, the two organisations
should have been told to abandon, not finalize the proposal.

Why the Nuclear Deals are not that Good:-

COST ISSUE :- It has been clear for years that electricity from American reactors would be more expensive than competing sources of energy.

Six reactors being offered to India by Westinghouse would cost almost ₹lakh crore. If India purchases these reactors,
the economic burden will fall upon consumers and taxpayers. In 2013, we estimated that even after reducing these prices by 30%, to account for lower construction costs in India, the first year tariff will be around Rs. 25/ unit. energy bids in India are around ₹3 per unit.

SAFETY ISSUE :- Nuclear power can also impose long-term costs. Large areas continue to be contaminated with radioactive materials from the 1986 Chernobyl accident and thousands of square kilometres remain closed off for human inhabitation.

Nearly a decade after the 2011 disaster, the Fukushima prefecture retains radioactive hotspots and the cost of cleanup has been variously estimated to range from $200billion to over $600billion. The Fukushima accident was partly caused by weaknesses in the General Electric company’s Mark I nuclear reactor design.

Thus the author feels that The idea of importing nuclear reactors is a “zombie idea” that, from a rational viewpoint, should have been dead long ago.

 

7)Chakma groups want ‘illegal’ NRC stopped:-They said that the Mizoram government had so far conducted the NRC, neither sanctioned by the Centre nor the Supreme Court,

About Chakma :- The Chakma people, are a native group from the eastern-most regions of the Indian subcontinent, they are the largest ethnic group in the Chittagong Hill Tracts region in southeastern Bangladesh, and in Mizoram, India (Chakma Autonomous District Council), they are the second largest ethnic group, and in Tripura, India, they are the fourth largest ethnic group, and having sizable population in other parts of Northeast India, such as, 40-50 thousand Chakmas in Arunachal Pradesh, India, who migrated there in 1964 after the Kaptai dam tragedy, and 20-30 thousand Chakmas are in Assam, India. Their ethnicity is closely linked with the peoples of East Asia. However, the Chakma language (written in the Chakma script) is part of the Indo-Aryan language family of the Indian subcontinent. Most Chakma people are adherents of Therevada Buddhism.

8)OECD lowers India’s FY21 GDP growth to 5.1% :- Global agency OECD on Monday lowered its India’s GDP growth forecast to 5.1% from the earlier projection of 6.2% for 2020 on concerns of impact of the deadly COVID-19 on the domestic as well as the global economy.

About OECD:- The Organisation for Economic Co-operation and Development is an intergovernmental economic organisation with 36 member countries, founded in 1961( Formation 16 April 1948 as the OEEC—-
Reformed in September 1961 as OECD ) to stimulate economic progress and world trade. It is a forum of countries describing themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices and coordinate domestic and international policies of its members.

Most OECD members are high-income economies with a very high Human Development Index (HDI) and are regarded as developed countries. As of 2017, the OECD member countries collectively comprised 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP (Int$54.2 trillion) at purchasing power parity.

The OECD is an official United Nations observer.

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