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Double Issue: From October 10 to October 23, 2011
National & Social Affairs
Current Events Snippets Important for the IAS Preliminary
Examination & 2-mark and other short questions in the IAS
Main
Examination |Words in bold are key terms or facts
Nod for ordinance to phase out analogue cable TV by 2014
Analogue cable television will become obsolete in India in three
years time, with the government
deciding to promulgate an ordinance to make the digitalisation
of cable services mandatory by 2014.
Recently, the Union Cabinet approved the Information and
Broadcasting Ministry's proposal to
promulgate the Digitalisation of Analogue Cable Systems
Ordinance.
The Cabinet has sent the proposal to the President.
The shift would mean that all customers must have a set top box
whether they want to receive free-
to-air or pay channels.
The ordinance aims at complete digitalisation of cable
television in the four metros by March 31,
2012. The next target will be cities with over 10 lakh
population. By the end of 2014, the entire
country is expected to have phased out analogue cable TV.
India is thus becoming part of a global transition towards
digitalisation. While the U.S. completed its
shift in 2009, China has given itself a deadline of 2015 to
phase out analogue transmission.
Audio clips of Lokpal Bill panel proceedings to be made
public
The government has agreed to make public the audio recordings of
the proceedings of the
Joint Drafting Committee constituted to frame the Lokpal
Bill.
The Department of Personnel and Training ( DoPT) had earlier
refused to put the
committees deliberations in the public domain, though the civil
society members had
demanded so.
The committee, comprising five members of Team Anna and an equal
number of Cabinet
Ministers, was formed on April 10 to finalise the draft of the
Lokpal Bill. It included Union
Ministers Pranab Mukherjee, P. Chidambaram, Veerappa Moily,
Kapil Sibal and Salman
Khursheed.
The civil society members are Anna Hazare, Justice ( retired) N.
Santosh Hegde, Shanti
Bhushan, Prashant Bhushan and Arvind Kejriwal.
In-Depth Current Affairs
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Important for the descriptive questions in the IAS Main
Examination; also helpful for Interview
and Essay Preparation |Words in bold are key terms or facts
The Controversy over Paid News
Possible Question/s for Main Examination
Question 1 | (250 Words): What has been the recent controversy
over paid news scandal? Why is it
considered against the fair electoral practices?
The Issue: The EC recently disqualified an MLA from UP over
getting paid news published
The Election Commission recently disqualified an Uttar Pradesh
MLA, Ms. Umlesh Yadav from
contesting again for three years because:
1. She had got two pieces of advertisement published in
newspapers which would have appeared as
news-items to lay persons
2. She did not mention these expenditures in her official
accounts of expenditure in the election
campaign.
Ms. Yadav has been barred from contesting any election for
Parliament or the State legislatures or
Councils for three years, under Section 10A of the
Representation of the People Act, 1951. The ban
will take effect from October 20, 2011.
Earlier, the Press Council of India (PCI) had gone through a
complaint against Amar Ujala and Dainik
Jagran for publishing paid news in favour of Ms. Yadav during
the last U.P. Assembly elections. The
PCI held the two newspapers guilty of ethical violations.
She was elected from Bisauli in 2007 on the ticket of the
Rashtriya Parivartan Dal.
This is considered a historic decision by the Election
Commission as it is for the first time that a
sitting legislator to be disqualified for excessive expenditure.
Ms. Yadav is also the first public
representative in India to be disqualified for using the paid
news in electoral campaign.
The Paid News Phenomenon
Paid news or paid content are those articles in newspapers,
magazines and the electronic media,
which indicate favourable conditions for the institution that
has paid for it. The news is much like an
advertisement but without the ad tag.
This kind of news has been considered a serious malpractice
since it deceives the citizens. Secondly ,
the payment modes usually violate tax laws and election spending
laws. Therefore, it has raised
electoral concerns because the media has a direct influence on
voters.
The phenomenon came to light in middle of 2009, when it was
widely reported that paid news were
used by many candidates in the Lok Sabha election in the same
year. Even prior to this, the PCI had
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been in receipt of several complaints pertaining to this matter.
The PTI came up with a report on this
matter in 2010.
Subsequently in 2011, a Group of Ministers (GoM) in the
Government of India also looked into the
matter and recognized it as a serious malpractice. The GoM was
also in favour of bringing the
electronic media within the purview of the PCI.
The recent EC decision of disqualifying Ms. Yadav is certainly
an exemplary move that will deter
candidates in indulging in such malpractices in future. It is
noteworthy that the EC is also to look into
similar matters involving the former Maharashtra CM Mr. Ashok
Chavan and the former Jharkhand
CM Mr. Madhu Koda.
Recent Steps to deal with Judicial Delays
Possible Question/s for Main Examination
Question 1 | (250 Words): Give an account of the recent measures
taken to deal with the problem
of judicial delays in India.
Question 2 | (250 Words): Examine the factors contributing to
judicial delays in India. Suggesting
some measures to solve the problem, give an account of the
recent measures taken in this
direction.
Judicial Delays
Judicial delay refers to the long time taken - generally many
years - taken by a court of law to
adjudicate on a matter placed before it. In India, it has
assumed the proportions of a massive
problem with the total pendency at last count exceeding 3 crore
cases. For a country characterized
by grave economic conditions like ours, it has grave
consequences for establishing rule of law
because undue judicial delays are making people shy from justice
delivery system.
The Reasons
1. Huge influx of cases before subordinate courts, the High
Courts and the Supreme Court. The main
reasons behind this huge influx of a large number of cases are
recent socio-economic advances and
the resultant sensitization regarding legal rights.
2. A large portion of cases are against the government. They are
such disputes which could have
been resolved at the outset with the authorities itself, but due
to improper governmental
administration, these disputes also end up coming before the
courts. According to a survey
conducted in Karnataka according to which in 65% of civil cases
the Government was a litigant.
3. Absence of actual number of Judges required in the judicial
system. There are very less number of
Judges present in our Indian Courts due to which there is delay
in disposal of cases. It is estimated
that India has only 11 Judges per million population which is
among the lowest ratio in the world.
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Possible Solutions
1. The Law Commission has recommended optimum figure of 107
judges per million by 2000, the
ratio achieved by USA in the year 1981. India must strive to
achieve that ratio.
2. The judiciary requires a larger portion in the allocation of
expenditure, for example in the
Eleventh plan the judiciary was allocated a mere 0.097 per cent
of the total expenditure, a small
increase over the 0.078 per cent assigned in the Tenth Plan.
3. Establishment of Alternative Dispute Resolution (ADR)
Mechanisms. The ADR mechanisms include
arbitration, negotiation, mediation and conciliation. Litigation
through the courts and tribunals
established by the State is one way of resolving the dispute
which is an adversarial method of
dispute resolution which leads to win-lose situation whereas in
Alternative Disputes Resolution what
is tried to be achieved is win-win situation for both the
parties to the case. There is nobody who is
loser and both parties feel satisfied at the end of the day.
Section 89 of the Code of Civil Procedure
has been amended w.e.f. 1-7-2002 with a view to bring
alternative systems into the mainstream.
4. Establishment of Fast Track Courts: Fast Track courts have
proved their utility and we need even
more of them. On the recommendation of the 11th Finance
Commission, 1734 Fast Track Courts of
Sessions Judges were sanctioned for disposal of old pending
cases. Keeping in view the performance
of Fast Track Courts and contribution made by them towards
clearing the backlog, the scheme has
been extended till 31-3-2010.
5. Mobile courts: Mobile courts that help taking justice to the
door-step of the rural would
significantly help in fighting the backlog. Mobile courts are
also being set up which would not only
educate the rural folk about their rights and responsibilities
and provide swift justice and create a
feeling of law and judiciary being very close to them, but will
also help de-clog the expanding docket
of our overburdened courts.
6. Lok Adalats: In order to achieve the objective enshrined in
Article 39 A of the Constitution of
India, the Legal Services Authorities Act, 1987 was enacted to
provide free and competent legal
service to the weaker sections of the society to ensure that
opportunities for securing justice are not
denied to any citizen by reason of economic or other
disabilities. To achieve that objective, Lok
Adalats are being held at various places in the country and a
large number of cases are being
disposed of with lesser costs. Mobile Lok Adalats are presently
in place in different parts of the State
of Bihar.
7. Setting up of Gram Nyayalayas: Ministry of Law & Justice
is going to draw a Gram Nyayalayas Bill
with an objective to secure justice, both civil and criminal, at
the grass-root level to the citizens,
which would be the lowest court of subordinate judiciary and
shall provide easy access to justice to
litigant through friendly procedures, use of local language and
mobile courts wherever necessary.
8. Plea bargaining: With the insertion of new Chapter XXI-A in
the Code of Criminal Procedure by Act
2 of 2006, the concept of Plea Bargaining became a reality and
part of our criminal jurisprudence.
The practice of plea bargaining is prevalent in western
countries, particularly the United States, the
United Kingdom and Australia. Plea bargaining benefits both the
State and the offender; while the
State saves time, money and effort in prosecuting the suspects,
the latter gets a lenient punishment
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by pleading guilty. One of the merits of this system is that it
helps the court to manage its load of
work and hence it would result in reduction of backlog of
cases.
9. Apart from these measures, increased use of technology, for
e.g recording evidence through video
conferencing, would reduce the hassles associated with a
trial.
Recently taken measures
1. In October 2009, on the basis of a Vision Document adopted at
a judicial conference in New Delhi,
the Government of India approved in principle a National Mission
to reduce pendency and delays in
the judicial system and enhance accountability through
structural changes, higher performance
standards and capacity-building.
2. The 13th Finance Commission made specific recommendations for
the grant of funds to improve
justice delivery. The Finance Commission recommended a grant of
Rs. 5,000 crore to improve
judicial outcomes through certain strategic initiatives, which
are as follows.
a. increasing the number of court working hours
b. using the existing infrastructure but conducting proceedings
in morning/evening hours under a
shift system
c. increased use of Lok Adalats to ease pressure on courts
d. promotion of Alternative Dispute Resolution methods
e. training of judicial officers and public prosecutors to
enhance capacities
f. addition of facilities in judicial academies
g. creation of posts of Court Managers in every judicial
district to assist in administrative functions.
3. The Union government announced a series of policy initiatives
aimed at reducing pendency from
an average of 15 years to three years. The government has now
come up with a National Mission to
accomplish the goal within five years, coinciding with the
period of the 12th Five Year Plan. The
Department of Justice, now headed by an independent
Secretary-level officer under the Ministry of
Law and Justice, has assumed the role of the Mission Directorate
with the Secretary to Government
as Mission Leader. Judicial reform is now as much a function of
the government as it is of the
judiciary.
4. The Planning Commission has constituted a Working Group on
Justice to prepare the demands of
the justice system under the 12th Plan.
5. Among policy initiatives, the government has moved
legislation proposing to increase High Court
judges' retirement age and enhance judicial standards and
accountability.
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6. The All India Judicial Service is being taken up for
Parliament's consideration.
7. Re-engineering of processes by removing bottlenecks and
fast-tracking procedures constitute a
major strategy to reduce delays. This may require amendments to
statutes and rules; the Law
Commission is being asked to work on it.
8. In 2007, the e-courts project was initiated to provide ICT
infrastructure in district and subordinate
courts and to computerise judicial records. This is scheduled
for completion by 2014. With the
introduction of e-courts, along with video-conferencing,
e-filing and related ICT-enabled services,
the justice delivery system can be transformed to become
people-friendly, less expensive and
expeditious.
9. The Mission proposes not only to fill up judicial vacancies
but also strengthen training through
judicial academies.
10. During the 12th Plan period, all the 15,000 courts are
expected to have buildings and equipment
for them to be able to operate with efficiency. For this,
substantial funds are sought to be provided
by the Union government on 75:25 sharing basis.
Economy & Business
Current Events Snippets Important for the IAS Preliminary
Examination & 2-mark and other short questions in the IAS
Main
Examination |Words in bold are key terms or facts
Pharma acquisitions to be routed through Competition Commission
of India
India would continue to allow Foreign Direct Investment (FDI) in
the drugs and pharmaceutical
sector under the automatic route for green field investments
Brownfield investment (investment in existing businesses) would
be allowed through the Foreign
Investment Promotion Board (FIPB) for six months. After six
months, such acquisitions would be
routed through the Competition Commission of India (CCI).
During the six months, when the FIPB will clear the
acquisitions, necessary enabling regulations will
be put in place by the CCI for effective oversight on mergers
and acquisitions to ensure that there is
a balance between public health concerns and attracting FDI in
the pharma sector.
Background: Worried that the trend of multinational companies
taking over Indian pharmaceutical
firms will undermine the government's efforts at making the
generic version of drugs available at
affordable prices, the Health and the Commerce Ministries have
been seeking safeguards to be built
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into the FDI process. Between 2006 and 2010, six major Indian
companies have been taken over by
MNCs, including Matrix Lab by Mylan, Dabur Pharma by Fresenius
Kabi, Ranbaxy Labs by Daiichi
Sankyo, Shanta Biotech (Sanofi Aventis), Orchid Chemicals
(Hospira) and Piramal Healthcare
(Abbott). Since 2001, when 100 per cent FDI was allowed in the
sector, only 10 per cent of foreign
investment has gone to green-field ventures.
As many as 61 drugs worth $80 billion are likely to go off
patent in the U.S. between 2011 and 2013,
making it possible for Indian companies to produce cheaper
generic versions. The Health Ministry
fears the takeover of these domestic companies by MNCs would
lead to essential medicines
becoming costlier, thus impacting public health programmes,
including the universal immunisation
programme and health emergencies.
India ranks 132 on business-friendly reforms: World Bank
report
In a report titled Doing Business 2012: Doing Business in a More
Transparent World, the World Bank
and the International Finance Corporation have ranked India at
132 on business-friendly reforms.
India still ranks low overall in the Doing Business assessment,
with its rank improving marginally
from 139 to 132 between the 2011 and 2012 reports.
The report recognises India and 29 other countries for
significant strides in making their regulatory
environments more business-friendly.
Singapore led on the overall ease of doing business, followed by
Hong Kong, New Zealand, the U.S.
and Denmark. The Republic of Korea was said to be a new entrant
to the top ten.
India to host World Steel Conference next year
India has been awarded the right to hold the World Steel
Conference in October 2012.
The governing body of the World Steel Association, representing
170 producers and accounting for
85 per cent of world steel production, has decided to give the
rights to hold the World Steel
Conference in India from October 8 to 12 next year.
First half exports up 52 % at $160 billion
Indian exports continued to maintain a robust growth,
registering a 36.3 per cent growth at $24.80
billion in September despite downturn in the U.S. and
eurozone.
Total exports for the current fiscal might reach $290-300
billion.
However, exports slowed down in September when compared to the
44.2 per cent growth recorded
in August. The U.S. and Europe are the two biggest markets for
Indian merchandise, accounting for
about 30 per cent of total shipments.
Imports in September grew 17.2 per cent at $34.60 billion
vis-a-vis the same period last year, leaving
a trade deficit of $9.80 billion.
During April-September, exports expanded by 52.1 per cent to
$160 billion and imports by 32.4 per
cent to $233.50 billion, leaving a trade gap of $73.50
billion.
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Industrial growth slows down to 4.1 %
As a result of a slowdown in the wake of a dismal global
scenario and direct impact of high inflation
and interest rates at home, industrial growth remained low at
4.1 per cent in August, 2011, as
compared to 4.5 per cent in the same month last year.
The IIP (Index of Industrial Production) data released recently
revealed a continued deceleration in
output growth even as the August performance was somewhat better
than in July which stands
revised upwards to 3.8 per cent from 3.3 per cent estimated
earlier.
In particular, it was the manufacturing sector with a weight of
over 75 per cent in the index which
pulled down the overall IIP growth in August. Factory output
during the month rose by a mere 4.5
per cent this year as compared to 4.7 per cent last year. As a
result, manufacturing growth during
April-August 2011 stood at 5.6 per cent, way lower than the 8.7
per cent expansion posted during
the same period last year.
The downgrade of State Bank of India's standalone rating of
credit worthiness
Recently, Moody's Investor Services downgraded State Bank of
India's standalone rating of credit
worthiness. The agency, one of the big three - Standard &
Poor's and Fitch Ratings are the others -
cut the rating on SBI's financial strength to D-plus from
C-minus, reflecting its concern over the
Bank's capital adequacy as well as deteriorating asset
quality.
SBI is by far the biggest commercial bank in the country,
accounting for more than a fourth of total
banking business.
Indian stock markets, which have been quite unstable lately,
plunged downwards after the
announcement, with bank stocks in general coming under intense
pressure.
In-Depth Current Affairs Important for the descriptive questions
in the IAS Main Examination; also helpful for Interview
and Essay Preparation |Words in bold are key terms or facts
Recent Measures to Promote Exports
Possible Question/s for Main Examination
Question 1 | (250 Words): Discuss the measures taken in the
recent past to promote exports in
India.
Question 2 | (250 Words): Explain the principal initiatives of
the Foreign Trade Policy taken
recently. How does it seek to boost Indian exports?
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Question 3 | (Short: 50 Words): Elucidate the Niryat Bandhu
scheme for promoting exports.
Announcement on Foreign Trade Policy 2009-14
Recently the Directorate General of Foreign Trade (DGFT) made
announcement on Foreign Trade
Policy 2009-14. The announcement encompasses a number of new
schemes aimed mainly at
promoting Indias exports.
Special Bonus Benefit Scheme
It has been decided to introduce a new scheme to provide special
assistance to specified sectors for
6 months as special assistance. The support is given to
Engineering, Pharmaceutical and Chemical
sectors. The scheme would cover 50 products. This includes
incentives worth Rs. 900 crore.
Special Focus Market Scheme (SFMS)
It has been decided to introduce a Special Focus Market Scheme
with a view to increase the
competitiveness of exports with a geographical targeting. The
scheme would provide additional 1%
duty credit when exports are made to these countries. This duty
credit is over and above the duty
credit granted under FMS i.e. if a item covered under FMS is
exported to the countries listed under
SFMS, then the total duty credit available would be @ 4%.
The markets are categorized into three groups, namely Latin
American, African and CIS countries.
The total number of countries included under the scheme is 41.
The list includes Cuba and Mexico as
new entrants.
List of Latin American Countries include Argentina, Colombia,
Costa Rica, Cuba, Ecuador, Haiti,
Mexico, Nicaragua, Panama Republic, Paraguay, Peru and Uruguay
(Total 12 countries).
List of African Countries include Angola, Cameroon, Congo D.
Republic, Congo P Republic, Cote
D'Ivoire, Ethiopia, Gabon, Gambia, Ghana, Liberia, Madagascar,
Malawi, Mali, Namibia, Rwanda,
Senegal, Sierra Leone, Sudan, Tunisia, Uganda, Zambia and
Zimbabwe (Total 22 countries).
List of CIS Countries include Armenia, Azerbaijan, Belarus,
Kazakhstan, Kyrgyzstan, Tajikistan and
Uzbekistan (Total 7 countries).
Support to Apparel Sector
Exports of apparel items have shown a declining trend during
2010-11 compared to year 2009-10.
This sector has high potential to achieve higher level of
exports and generate great employment
opportunities. Earlier, these items were granted duty credit
under Market Linked Focus Product
Scheme (MLFPS) for export to USA and EU. However, at present the
readymade garments are not
covered under the MLFPS. Now, it has been decided to extend
MLFPS for apparel exports to USA and
EU.
Focus Product Scheme (FPS)
The list of items under FPS has been expanded to include 130
additional items. These items are
mainly in the sectors of Chemical/Pharmaceuticals, Textiles,
handicrafts, Engineering and electronics
sector.
Market Linked Focus Product Scheme
The list of items under MLFPS has been extended to cover new
items to specified countries. It has
been decided to extend MLFPS for exports of Agricultural
tractors >1800cc capacity which would
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now be eligible for duty credit for exports made to Turkey.
Sugar machinery & high-pressure boilers
would be eligible for Brazil, Kenya, South Africa, Tanzania and
Egypt. The items covered under MLFPS
are entitled to get duty credit scrip @ 2% of FOB value of
exports.
Towns of Export Excellence
The towns of Firozabad for glassware, Bhubaneswar for marine
products and Agartala for bamboo
and cane products have been notified as town of export
excellence.
EDI Initiatives and reduction in transaction Cost
DGFT has established itself in the e-governance field.
DGFT has also become India's first digital signature enabled
department in Government of India,
which has introduced a higher level of Encrypted 2048 bit
Digital Signature. Digital certificate
provides a high level of security for online communication such
that only intended recipient can read
it. It provides authentication, Privacy, non-repudiation and
Integrity in the virtual world.
Niryat Bandhu - A scheme for International Business
Mentoring
A novel 'Niryat Bandhu' scheme for mentoring first generation
entrepreneurs has been devised. The
officer (Niryat Bandhu) would function in the 'Mentoring' arena
and would be a 'Handholding'
experiment for the Young Turks in International Business
enterprises.
Under the scheme, officers of DGFT will be investing Time and
Knowledge primarily to mentor the
interested individuals who want to conduct the international
business in a legal way. Over time, it
would be expected to develop a class of businessmen who carry
out the international business in an
ethical manner.
Procedural simplification
Procedural simplification has been carried out for import of
Radioimmunoassay Kits, transfer/ sale of
imported firearms etc.
ANALYSIS
The Government's new incentive package is meant to help
exporters cope with the looming
uncertainties in the global markets. Taken along with the
interest subsidy of 2 per cent announced
by the Reserve Bank of India for labour-intensive industries
such as handicrafts, handlooms, and
carpets and for small and medium exporters, the cost will add up
to at least Rs. 1,700 crore.
So far, the strategy for export promotion appears to have paid
off. Between April and August this
year, exports grew by 54.2 per cent over the same period a year
ago to touch $134.5 billion. Such a
pace will be hard to sustain, however.India's traditional export
markets - the United States and
Europe - which account for about 35 per cent of the total, are
facing uncertain times and virtually
flat economic growth. Against this background, the initiatives
to get into the non-traditional markets
make a wise choice.
Credit Rating
Possible Question/s for Main Examination
Question 1 | (250 Words): Discuss the concept of Credit Rating
and Credit Scores. How are they
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arrived at? Add a note on their utility.
What is Credit Rating?
A credit rating evaluates the credit worthiness of an issuer of
specific types of debt, specifically, debt
issued by a business enterprise such as a corporation or a
government. It is an evaluation made by a
credit rating agency of the debt issuers likelihood of
default.
These ratings are based on qualitative and quantitative
information for a company or government;
including non-public information obtained by the credit rating
agencies analysts. A poor credit
rating indicates a credit rating agencys opinion that the
company or government has a high risk of
defaulting, based on the agencys analysis of the entitys history
and analysis of long term economic
prospects.
Credit ratings are not based on mathematical formulas. Instead,
credit rating agencies use their
judgment and experience. For this reason, these ratings are
considered subjective at times.
Concept of Credit Scores
Credit ratings are often confused with credit scores. Credit
scores are the output of mathematical
algorithms that assign numerical values to information in an
individuals credit report. The credit
report contains information regarding the financial history and
current assets and liabilities of an
individual.
A bank or credit card company will use the credit score to
estimate the probability that the
individual will pay back loan or will pay back charges on a
credit card.
In recent years, credit scores have also been used to adjust
insurance premiums and determine
employment eligibility.
An individuals credit score, along with his credit report,
affects his or her ability to borrow money
through financial institutions such as banks.
The factors that may influence a persons credit score are:
ability to pay a loan
interest
amount of credit used
saving patterns
spending patterns
debt
Different types of credit ratings
Corporate credit rating
The credit rating of a corporation is a financial indicator to
potential investors of debt securities such
as bonds. Credit rating is usually of a financial instrument
such as a bond, rather than the whole
corporation. These are assigned by credit rating agencies and
have letter designations such as A, B,
C.
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Sovereign credit rating
A sovereign credit rating is the credit rating of a sovereign
entity, i.e., a national government. The
sovereign credit rating indicates the risk level of the
investing environment of a country and is used
by investors looking to invest abroad. It takes political risk
into account.
Short-term rating
A short-term rating is a probability factor of an individual
going into default within a year. This is in
contrast to long-term rating which is evaluated over a long
timeframe. In the past institutional
investors preferred to consider long-term ratings. Nowadays,
short-term ratings are commonly
used.
Credit Bureaus & Credit Rating Agencies
Credit scores for individuals are assigned by credit bureaus
(Known as Credit Reference Agencies in
US and UK). The credit bureaus for individuals in India are
Credit Information Bureau (India) Limited
(CIBIL) and Credit Registration Office (CRO).
Credit ratings for corporations and sovereign debt are assigned
by credit rating agencies. A Credit
rating agency (CRA) is a company that assigns credit ratings for
issuers of certain types of debt
obligations as well as the debt instruments themselves. In some
cases, the servicers of the
underlying debt are also given ratings.
In India, commercial credit rating agencies include CRISIL,
CARE, ICRA and Brickwork Ratings.
The largest credit rating agencies (which tend to operate
worldwide) are Dun & Bradstreet, Moodys,
Standard & Poors and Fitch Ratings
Uses of credit ratings
Credit ratings are used by investors, issuers, investment banks,
broker- dealers, and governments.
For investors, credit ratings increase the range of investment
alternatives and provide independent,
easy-to- use measurements of relative credit risk. This
increases the total supply of risk capital in the
economy, leading to stronger growth.
It also opens the capital markets to categories of borrower who
might otherwise be shut out
altogether: small governments, startup companies, hospitals, and
universities.
From the last week's diary
Draft National Telecom Policy-2011
Possible Question/s for Main Examination
Question 1 | (250 Words): Discuss the objects and main features
of the draft National Telecom
Policy.
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Background
It is widely acknowledged that Information and Communication
Technology and Electronics (ICTE)
have enormous transformative power that is changing everything:
Governance, business, commerce,
entertainment, society. As new technologies emerge every day,
the pace of change is accelerating.
However, the most beneficial changes are unlikely to take place
without adequate planning.
The new Draft policy
Recently on 10th October, 2011, the Minister for Communications
and IT, Shri Kapil Sibal released
Draft National Telecom Policy-2011 for public consultation and
feedback.
The Main highlights of the draft policy are as follows.
1.Affordable, reliable and secure telecommunication and
Broadband services across the country
envisioned
2.Increase in rural teledensity from 35 to 100 by 2020
proposed
3.Broadband on demand and 600 million connections by 2020
4.Efforts towards right to broadband
5.One nation - one license and one nation - free roaming
6.Additional 300 mhz spectrum by 2017 and another 200 mhz by
2020 to be made available
7.Seamless voice, data, multimedia and broadcasting services on
converged networks
8.Eighty percent telecom sector demand through domestic
manufacturing with a value addition of
sixty five percent by 2020
Objectives
The main objects of the policy include the following.
1.Increase in rural teledensity from the current level of around
35 to 60 by the year 2017 and 100 by
the year 2020.
2.Provide affordable and reliable broadband on demand by the
year 2015 and to achieve 175 million
broadband connections by the year 2017 and 600 million by the
year 2020 at minimum 2 Mbps
download speed and making available higher speeds of atleast 100
Mbps on demand.
3.Provide high speed and high quality broadband access to all
village panchayats through optical
fibre by the year 2014 and progressively to all villages and
habitations.
4.Promote indigenous R&D, innovation and manufacturing that
serve domestic and foreign markets.
-
5.Promote the domestic production of telecommunication equipment
to meet 80% Indian telecom
sector demand through domestic manufacturing with a value
addition of 65% by the year 2020.
6.Provide preferential market access for domestically
manufactured telecommunication products
including mobile devices, SIM cards with enhanced features etc.
with special emphasis on Indian
products for which IPRs reside in India to address strategic and
security concerns of the
Government, consistent with international commitments.
7.Strive to create One Nation - One License across services and
service areas.
8.Achieve One Nation - Full Mobile Number Portability and work
towards One Nation - Free
Roaming.
9.To reposition the mobile phone from a mere communication
device to an instrument of
empowerment that combines communication with proof of identity,
fully secure financial and other
transaction capability, multi-lingual services and a whole range
of other capabilities that ride on
them and transcend the literacy barrier.
10.Deliver seamless ICT, multimedia and broadcasting services on
converged networks for enhanced
service delivery to provide superior experience to
customers.
11.Ensure adequate availability of spectrum and its allocation
in a transparent manner through
market related processes. Make available additional 300 MHz
spectrum for International Mobile
Telephony (IMT) services by the year 2017 and another 200 MHz by
2020.
12.Optimize transmission of services to consumers irrespective
of their devices or locations by Fixed-
Mobile Convergence thus making available valuable spectrum for
other wireless services.
13.Facilitate consolidation in the converged telecom service
sector while ensuring sufficient
competition.
14.Achieve substantial transition to new Internet Protocol (IPv
6) in the country in a phased and time
bound manner by 2020
Some of the major strategies proposed in the policy include:
1.To make efforts to recognise telecom and broadband
connectivity as a basic necessity like
education and health andwork towards Right to Broadband.
2.To revise the existing broadband download speed of 256 Kbps to
512 Kbps by 2011 and
-
subsequently to 2 Mbps by 2015 and and higher speeds of atleast
100 Mbps thereafter.
3.To spur the domestic telecom equipment manufacturing segment
to meet the indigenous
demands for becoming self-reliant in telecom/ICT equipment
design and manufacturing.
4.To build synergies between existing, on-going and future
Government programs viz e- governance,
e-panchayat, NREGA, NKN, AADHAR, AAKASH tablet etc. and roll-out
of broadband.
5.To ensure the availability of sufficient microwave spectrum to
meet current and future demand for
wireless backhaul especially in prime bands below 12 GHz, in
addition to higher spectrum bands.
Unlicensed spectrum will be made available for proliferation of
wireless broadband services.
6.To ensure focused indigenous development in the telecom
sector, efforts would be concentrated
towards a definite policy direction by creating a suitable
road-map to align technology, demand,
standards and regulations, after considered evaluation of
candidate technologies and the emerging
trends.
7.To promote setting up of Telecommunications Standard
Development Organisation (TSDO) as an
autonomous body with strong participation of the industry,
R&D centres, service providers, and
academia to drive consensus regarding national requirements.
8.To orient, review and harmonise the legal, regulatory and
licensing framework in a time bound
manner to enable seamless delivery of converged services in
technology neutral environment. The
convergence would cover convergence of services, networks and
devices.
9.To encourage digitalisation of the local cable networks.
Collapsed Doha Round of WTO Negotiations | Is WTO Still
Relevant?
Possible Question/s for Main Examination
Question 1 | (250 Words): What have been the issues in the Doha
Round of WTO negotiations?
Why has there been a stalemate on Doha Round?
Question 2 | (250 Words): Discuss the relevance of WTO in the
light of stalemated talks on the
Doha Round of Negotiations.
The Doha Round of WTO Negotiations
The Doha Round is the latest round of trade negotiations among
the WTO members. Its aim is to
achievemajor reform of the international trading system through
the introduction of lower trade
barriers and revised trade rules. The work programme covers
about 20 areas of trade.
The Round is also known as the Doha Development Agenda as a
fundamental objective is to
-
improve the trading prospects of developing countries. With
emphasis on rule-bound multilateral
trade, the Doha Round aimed to bring about stability and
orderliness in world trade. It sought
to enable poorer countries export more by gaining greater access
to developed markets while it
was expected that the latter would reduce their various
subsidies,market support programmes and
so on that distort global trading rules.
The main areas of negotiation include
1. Agriculture
2. Non-agricultural market access
3. Services
4. Intellectual property
5. Trade and development
6. Trade and environment
7. Trade facilitation
The Round was officially launched at the WTOs Fourth Ministerial
Conference in Doha, Qatar, in
November 2001. The Doha Ministerial Declaration provided the
mandate for the negotiations,
including on agriculture, services and an intellectual property
topic, which began earlier.
Subsequent ministerial meetings took place in Cancn, Mexico
(2003), and Hong Kong (2005).
Related negotiations took place in Geneva, Switzerland (2004,
2006, 2008); Paris, France (2005); and
Potsdam, Germany (2007).
Collapse of Negotiations
As of now, Doha Round talks have stalled over a divide on major
issues, such as agriculture,
industrial tariffs and non-tariff barriers, services, and trade
remedies. The most
significant differences are between developed nations led by the
European Union (EU), the United
States (USA), and Japan and the major developing countries led
and represented mainly by Brazil,
China, India, South Korea, and South Africa. There is also
considerable contention against and
between the EU and the USA over their maintenance of
agricultural subsidies-seen to operate
effectively as trade barriers.
The most recent round of negotiations, 23-29 July 2008, broke
down after failing to reach a
compromise on agricultural import rules. After the breakdown, no
major talks have been held. Last
year, the G20 countries urged a completion of the Doha Round by
December 2011. That seems
highly implausible now.
The Relevance of WTO
Even though the Doha Round has stalled but the WTO remains
significant.
Multilateral trade has conferred many advantages in the past and
is still extremely relevant. During
the recent crisis, it helped in the smooth flow of goods and
services between countries and in
peaceful settlement of trade disputes. It also aided
capacity-building in developing countries.
-
At the present juncture, with the global economy limping towards
recovery and many countries
mired in sovereign debts, multilateral trade could be the only
tool to fight poverty, generate
employment, and counter the creeping protectionism in the
developed countries.
Lately, many countries have been moving away from the spirit of
multilateral trade. For
instance, several countries - India included - have shown a
strong preference for bilateral free
trade agreements which take less time to forge and promise
almost immediate results.
Experience suggests that these are second-best options and can
only promote the hegemony of
rich countries and distort trade policies.
Conclusion
All member countries (of the WTO) should continue to repose
faith in multilateralism. Governments
should recognise the contribution of multilateral trading during
the recent crisis. At a time when the
global economy is limping towards recovery and many countries
are deep under sovereign
debts, the multilateral trading system could be the only tool to
fight poverty, generate
employment and create jobs.
The failure to complete the Doha Round would inevitably lead to
a dilution of the WTO and the
rule of law which the organisation has helped foster in
international trade. The sad fact is that
despite member countries being fully aware of the risks to world
trade in allowing the Doha Round
to lapse, nothing much can be done to resuscitate it at this
stage.
The Issue of Burgeoning Food Grain Stocks in India
Possible Question/s for Main Examination
Question 1 | (250 Words): Examine the factors responsible for
the problem of burgeoning food
grain stocks in India. What can be the consequences of such a
situation?
Mounting Food Grain Stocks in India
India, after four successive years of bumper crop harvest and
with inadequate grain storage
facilities, has lately been facing a problem of mounting food
grain stocks, which serve no
productive purpose. As the recently released data reveal, this
year too India will have a record
harvest of food grains. This is going to aggravate the storage
problem.
The Contributing Factors
1. Harvesting bumper food crops for two seasons in succession.
It is expected that the yield of
foodgrains in the 2010-11 season would be 241.56 million tonnes
against only 218.11 million tonnes
in 2009-10.
2. Inadequate storage facilities. India has godowns to store 28
million tones when it needs almost
three times of this level. Food stock, primarily wheat and rice
lying in the open is a common sight in
-
states across India, simply because the country has not adequate
storage capacity.
3. Ban on food grain export. Previously there was a ban on
non-basmati rice export. Later when the
export ban was lifted, the minimum price was fixed at USD 850
per tonne. Later it was realised that
Thailand and other rice producing nations are maximising their
exports, and prices in world markets
are on the downtrend. Subsequently, the Ministry of Agriculture
agreed to lower the minimum price
to $600 from $850 a tonne.
4. Poor offtake from PDS. In recent years, the offtake by fair
price shops have been poor
contributing to increasing food stocks.
Consequences
Excessive Buffer Stocks: As procurement operations in both fine
cereals, rice and wheat, had to be
intensified earlier this year, buffer stocks have reached a new
high level of 65.2 million tonnes.
Wastage of food grains. With the total storage capacity is 28
million tones, India has losses of 10 -
15%. Translated into value, it amounts to Rs 8,000 to Rs 10,000
crores annually.
Conclusion
A country like India where around 41.6% of the total population
falls below the international poverty
line cannot afford to let its food grain go to waste, especially
when the grain procurement figures
have reached record heights.
Experts offer many solutions: increase allocation through PDS,
give food grain through the NREGA,
offload the excess stock in the market, have decentralized
storage facilities etc.
India & the World
Current Events Snippets Important for the IAS Preliminary
Examination & 2-mark and other short questions in the IAS
Main
Examination |Words in bold are key terms or facts
Prime Minister of Nepal on official visit to India
At the invitation of the Prime Minister of India, Dr. Baburam
Bhattarai, Prime Minister of Nepal, paid
an Official visit to India from 20-23 October 2011.
This was Dr. Bhattarai's first bilateral visit abroad and his
first official visit to India, after taking
charge as the Prime Minister of Nepal. Earlier, the Prime
Ministers of India and Nepal had met on
the margins of the 66th UNGA in New York.
-
During his visit, Dr. Bhattarai held talks with the Prime
Minister. He also interacted with
representatives of Indian business community, civil society and
intellectuals.
The visit of Prime Minster Dr. Bhattarai provided an opportunity
for both sides to discuss issues of
mutual interest and ways to further strengthen the bilateral
ties between the two countries.
Shakti wound up with search-and-destroy mission
In an unprecedented operation, highly-trained Indian and French
troops undertook a daring search-
and-destroy mission in the hills of Ranikhet in Uttarkhand to
neutralise terrorists hiding in the dense
Pilkholi forests.
The mission was part of the consolidation exercise that marked
the culmination of a 15-day Shakti-
2011' war games at Chaubatia, which were undertaken by armies of
both countries for the first time.
As part of the mission, the troops reached the area in night and
carried out a precise, well
coordinated and executed operation. The mission included
clearing and destroying a terrorist
hideout, employment of the Quick Reaction Teams to neutralise
escaping terrorists and carrying out
a thorough search of the dense forest.
Joint group to sort out India-Sri Lanka fishing issues
The India-Sri Lanka Joint Working Group on Fisheries will meet
as soon as possible to sort out
outstanding issues on fishing in the Gulf of Mannar and the Palk
Bay. Meetings between fishermen
associations from the two sides will also be resumed
shortly.
Japan exempts India from ODA cuts
Japan has said that India will be exempted from cuts in Overseas
Development Assistance (ODA)
enforced on other countries following the tsunami and the
Fukushima disaster in March-April of this
year.
India is the highest recipient of Japanese ODA since 2003 for
infrastructure and social sectors.
India, Vietnam sign pact for oil exploration in South China
Sea
India and Vietnam have recently signed an agreement to promote
oil exploration in South China Sea.
The two countries have also signed five other pacts, including
an extradition treaty, pact to deepen
trade, security and strategic ties between the two
countries.
The pact between the Indian and Vietnamese state-owned oil
companies includes new investments
and the exploration and supply of oil and gas to the two
countries.
Irked by the Indian exploration projects on Vietnamese blocks in
South China Sea, Chinese
authorities raised objections claiming that it was in their
area. The Chinese claim on the South China
Sea has been rejected by both India and Vietnam, saying as per
the U.N., the blocks belong to
-
Vietnam. India has also made it clear that its State-owned firm
would continue to explore in the
resource-rich South China Sea.
In the field of security cooperation, the two countries
instituted a mechanism of a biennial dialogue
on security issues between Ministry of Home Affairs and its
Vietnamese counterpart.
India, Czech Republic agree to liberalise visa regime
India and Czech Republic recently agreed to liberalise the
business visa regime and set a $ 2-
billion target for bilateral trade by 2012 to enhance their
economic cooperation and widen
the exchange at various levels.
This was decided at a bilateral meeting between Commerce and
Industry MinisterAnand
Sharma and Czech Republic Minister of Trade and Industry Martin
Kocourek.
In-Depth Current Affairs Important for the descriptive questions
in the IAS Main Examination; also helpful for Interview
and Essay Preparation |Words in bold are key terms or facts
Pretoria Meet of IBSA (An In-depth Coverage)
What is IBSA?
IBSA is the acronym for India-Brazil-South Africa
Trilateral.
It is a developmental initiative involving India, Brazil and
South Africa to promote South-South
cooperation and exchange.
History
IBSA came into existence in 2003 after discussions between the
Heads of State and/or Government
of the IBSA countries at the G-8 meeting of 2003.
The Foreign Ministers of the three countries met in Brasilia on
June 6, 2003. At this meeting, the
launching of the IBSA Dialogue Forum was formalized through the
adoption of the Brasilia
Declaration.
Objectives
The main objectives of the IBSA Dialogue Forum are:
1. To promote South-South dialogue, cooperation and common
positions on issues of international
importance
2. To promote trade and investment opportunities
3. To promote international poverty alleviation and social
development
4. To promote the trilateral exchange of information,
international best practices, technologies and
-
skills, as well as to compliment each others competitive
strengths into collective synergies
5. To promote cooperation in a broad range of areas, namely
agriculture, climate change, culture,
defence, education, energy, health, information society, science
and technology, social
development, trade and investment, tourism and transport.
The IBSA Dialogue Forum has regular consultations at Senior
Official, Ministerial and Heads of State
and/or Government (Summit) levels. It also facilitates
interaction amongst academics, business and
other members of civil society.
Relevance
The India-Brazil-South Africa (IBSA) Dialogue Forum brings
together three large pluralistic, multi-
cultural and multi-racial societies from three continents, i.e.
Asia, South America and Africa, as a
purely South-South grouping of like-minded countries committed
to inclusive sustainable
development, in pursuit of well-being for their peoples.
The principles, norms and values underpinning the IBSA Dialogue
Forum, i.e. participatory
democracy, respect for human rights, and the Rule of Law are
relevant globally, especially in the
current context, when the world economy is faced with serious
challenges and where democracy is
being sought after in areas such as the Middle East and North
Africa.
The importance of the IBSA Dialogue Forum as an instrument to
promote coordination on global
issues is very high, pertinently during the historic occasion of
2011 when all IBSA Member States
serve as non-permanent members of the United Nations Security
Council.
Latest Meet at Pretoria (South Africa)
The President of the Republic of South Africa, H.E. Mr. Jacob
Gedleyihlekisa Zuma, the Prime
Minister of the Republic of India, H.E. Dr. Manmohan Singh, and
the President of the Federative
Republic of Brazil, H.E. Ms. Dilma Rousseff met at the
Presidential Guest House, Pretoria, Republic of
South Africa, on 18 October 2011 for the 5th Summit of Heads of
State and Government of the India-
Brazil-South Africa (IBSA) Dialogue Forum.
The joint declaration has the following important points:
Collaboration in the UNSC and other relevant international fora
such as the UN Specialised Agencies
and groupings such as the G20, G24, WTO, WIPO, BASIC, BRICS, and
G77 + China.
Commitment to increase the participation of developing countries
in the decision-making bodies of
multilateral institutions
The need for urgent reform of the United Nations (UN) to render
it more democratic and consistent
with the current geopolitical reality
-
The need for urgent reform of the UN Security Council, including
an expansion in both permanent
and non-permanent categories of its membership, with increased
participation of developing
countries in both
IBSA to continue to work together in relevant multilateral fora
to enhance macro-economic policy
coordination for sustainable recovery and continued growth
Emphasised the importance of the G20 development agenda, with
its focus on the contribution to
sustainable growth in developing countries, especially in low
income countries
A call for the early implementation of the targets for the
reform of the International Monetary Fund
relating to the mandate, representation, scope, governance,
responsibility, responsiveness and
development orientation of the Fund, in order to ensure that the
Fund is democratic, responsive and
accountable
Concern at the ongoing deterioration of the global economic
scenario, which presents particular
challenges for the economic policy and growth prospects of
developing and low-income countries
Need to increase policy coordination amongst G20 nations, with a
view to avert a new recession and
to promote a robust recovery in order to ensure strong,
sustainable and balanced growth of the
global economy
Reaffirmation that people must come first and should participate
in the formulation and
implementation of public policies, allowing for fair, equitable
and sustainable development
2015 remains a fundamental target date, by which MDGs must be
met. The leaders reaffirmed that
with just four years to go for the target year, global efforts
for attaining the MDGs by 2015 must see
accelerated action. The successful achievement of the MDGs; as
encapsulated in the Millennium
Declaration requires strong political will and commitment;
adequate funding at the national,
regional and international levels; and strengthened
international cooperation.
The current impasse in the negotiations around the Doha
Development Round negotiation is a
source of serious concern. The distortions caused by the high
levels of protection and subsidies in
agriculture in the developed countries continue to undermine the
development prospect of many
developing countries, especially the least developed
countries.
The Leaders reiterated the need to re-affirm the integrity of
the mandate that launched the Round,
and to build on the convergence already achieved.
The Leaders of India and South Africa pledged their support for
Brazils hosting of the United Nations
Conference on Sustainable Development in June 2012 in Rio de
Janeiro (Rio+20 Summit) to secure
renewed political commitment to sustainable development.
The Leaders agreed that Rio+20 should renew political commitment
to accelerate the
-
implementation of the sustainable development agenda as defined
by the Rio Principles and taken
forward through the Johannesburg Plan of Implementation (JPoI)
in pursuit of global sustainable
development.
South Africa as the host of the 17th Conference of the Parties
(COP 17) to the United Nations
Framework Convention on Climate Change (UNFCCC) and the 7th
Conference of the Parties serving
as the Meeting of the Parties (CMP7) to the Kyoto Protocol,
which will be taking place in Durban
from 28 November to 9 December 2011, appreciates the support of
India and Brazil towards a
successful outcome in Durban. The outcome of Durban should be
comprehensive, balanced and
ambitious.
The Leaders, also as members of the Group of Like-Minded
Mega-diverse Countries appreciated the
initiative of India to host in October 2012, the eleventh
Conference of the Parties to the UN
Convention on Biological Diversity (COP11 of CBD) and the sixth
meeting of the Conference of the
Parties serving as the Meeting of the Parties (COP/MOP 6) to the
Cartagena Protocol on
Biosafety. COP11 of CBD will consider among other, the status of
the Nagoya Protocol on Access to
Genetic Resources and the Fair and Equitable Sharing of Benefits
arising from their Utilization, the
implementation of the Strategic Plan 2011-2020 and its progress
towards the Aichi Biodiversity
Targets and the agreed process to adopt indicators and targets
for the Resource Mobilization
Strategy.
Concern about the continuing challenges that developing
countries are facing regarding food and
nutritional security, such as negative consequences of food
inflation and food price volatility. The
Leaders expressed their support for the UN food based
institutions in Rome, and other regional
organisations that could increase the capacity of developing
countries to deal with the issues of
increased agricultural production, food security and nutritional
feeding.
The Leaders undertook to continue to advance the agreed
principles underlying South-South
Cooperation. The Leaders affirmed that South-South cooperation
is complementary to, and not a
substitute for, North-South Cooperation.
A commitment to implement the provisions of the political
declaration signed by Head of States and
Government onWorld Conference Against Racism, Xenophobia and
Related Intolerance (WCAR) +
10, held in New York, on 22 September 2011.
The Leaders reaffirmed their commitment to the goal of the
complete elimination of all nuclear
weapons within a specified timeframe, in a comprehensive,
universal, non-discriminatory, verifiable
and irreversible manner.
The Leaders condemned terrorism in all its forms and
manifestations, committed by whomever,
wherever and for whatever purposes, as it constitutes one of the
most serious to international peace
and security.
-
The Leaders welcomed the UNGA resolution A/RES/65/230 on the
Twelfth United Nations Congress
on Crime Prevention and Criminal Justice which endorsed the
Salvador Declaration on
Comprehensive Strategies for Global Challenges: Crime Prevention
and Criminal Justice Systems and
Their Development in a Changing World.
The Leaders welcomed the adoption of the 2010 United Nations
Global Plan of Action to Combat
Trafficking in Persons which will contribute to the promotion
and protection of the rights of women
and children, as well as enhance cooperation and better
coordination of efforts in fighting trafficking
in persons.
To take into consideration the Salvador Declaration
Emphasized the need for an equitable and balanced international
system of rules governing
intellectual property, allowing among others, for the protection
of indigenous knowledge systems
against abuse and for preventing the misappropriation of genetic
resources, and associated
traditional knowledge.
The Leaders reaffirmed their commitment to working together
towards a people-centered, inclusive
and development-oriented Information Society and their agreement
to continue to coordinate
positions for the World Summit on Information Society (WSIS)
follow-up mechanisms, as well as in
the other fora and organizations related to the Information
Society and Information and
Communication Technologies (ICTs).
Emphasized Internet Governance as a key strategic area that
requires close collaboration and
concrete action. In this context, it recommended the
establishment of an IBSA Internet Governance
and Development Observatory that should be tasked to monitor
developments on global Internet
Governance and provide regular updates and analyses from the
perspective of developing
countries.
Besides the above, the leaders also discussed and developed
consensus on matters like:
Energy
Gender
Children
Persons with Disabilities
Youth
Regional Issues
Libya
-
Arab-Israel Peace Process
Syria
Sri Lanka
Afghanistan
Sudan and the Republic of South Sudan
Somalia
Haiti
IBSA Facility for Poverty and Hunger Alleviation (IBSA Fund)
Sectoral cooperation and People-to-People Fora
IBSA Satellite Project
International Affairs & Institutions
Current Events Snippets Important for the IAS Preliminary
Examination & 2-mark and other short questions in the IAS
Main
Examination |Words in bold are key terms or facts
Libya's Col Muammar Gaddafi killed
Libya's ex-leader Col Muammar Gaddafi was recently killed after
a rebel assault on his birthplace of
Sirte.
Acting Prime Minister Mahmoud Jibril announced the death, and
later said the colonel had been
killed in crossfire between Gaddafi loyalists and fighters from
the transitional authorities.
Col Gaddafi was toppled from power in August after 42 years in
charge of the country.
The death of Muammar Gaddafi has removed a big problem for this
country's transition rulers to
proceed ahead with establishment of a democratic regime. Libya's
interim leaders declared
liberation and plan hold elections in the coming months.
The first vote will be for a National Congress that will draft a
constitution. After that, parliamentary
and presidential elections will be held.
-
NATO, which launched an operation to protect Libyan citizens
against the Gadhafi regime during the
Libyan war, plans to ends its operations by October 31.
Hundreds dead due to earthquake in eastern Turkey
More than 200 people were confirmed killed and hundreds more
feared dead after an earthquake
hit parts of southeast Turkey recently. The 7.2 magnitude quake
killed 100 in the city of Van and 117
in the badly hit town of Ercis.
The death toll is expected to rise with an unknown number of
people unaccounted for under the
collapsed buildings of the stricken towns, and villagers living
in outlying rural areas, who had still to
be reached.
Turkey lies in one of the world's most active seismic zones and
is crossed by numerous fault lines. In
1999, two earthquakes with a magnitude of more than 7 struck
northwestern Turkey, killing about
18,000 people.
More recently, a 6.0-magnitude quake in March 2010 killed 51
people in eastern Turkey, while in
2003, a 6.4-magnitude earthquake killed 177 people in the
southeastern city of Bingol.
Istanbul, the country's largest city with more than 12 million
people, lies in northwestern Turkey
near a major fault line. Experts have warned that overcrowding
and shoddy construction in Istanbul
could kill tens of thousands if a major earthquake struck.
Moderate Islamists win in Tunisia's post Jasmine Revolution
vote
Moderate Islamists Party Ennahda claimed victory in Tunisia's
first democratic election held after
the ouster of the autocratic ruler Zine al-Abidine Ben Ali.
The party officials said they were prepared to form an alliance
with two secularist parties, Congress
for the Republic and Ettakatol.
Ennahda is led by Rachid Ghannouchi, forced into exile in
Britain for 22 years because of harassment
by Ben Ali's police.
The recent vote was for an assembly which will sit for one year
to draft a new constitution. It
will also appoint a new interim president and government to run
the country until fresh elections
late next year or early in 2013.
Background: Tunisia, a former French colony, became the
birthplace of the "Arab Spring" in late
2010, when Mohamed Bouazizi, a vegetable seller in a provincial
town, set fire to himself in protest
at poverty and government repression. His suicide provoked a
wave of protests which, weeks
later, forced autocratic president Zine al-Abidine Ben Ali to
flee to Saudi Arabia.
European court outlaws embryonic stem cell techniques
-
Research into new therapies for incurable and life-threatening
diseases has suffered a blow after
the European Court ruled that procedures that use embryonic stem
cells cannot be patented.
In effect, the judgment outlaws patents on stem cell techniques
that involve the destruction of
embryos. Medical researchers around the world use stem cells
from stores created from surplus IVF
embryos. These embryos are donated by couples who have completed
their fertility treatment and
would otherwise be routinely destroyed by clinics.
The unique ability of embryonic stem cells to grow into almost
any tissue in the body has led
scientists to investigate whether they can regenerate damaged
and diseased organs, and treat
serious conditions ranging from blindness and dementia to
paralysis.
Russia, China sign pact on technological modernisation
Russia and China signed a sweeping cooperation pact on
technological modernization. It suggests a
shift in the Russian foreign policy from the West to the East
and has far-reaching implications for
India's relations with Russia.
The Russian-Chinese Intergovernmental Memorandum on Cooperation
in Modernisation of the
Economy was signed during a two-day working visit to China by
Russia's Prime Minister Vladimir
Putin.
This year marks the 10th anniversary of the historic
Russian-Chinese friendship treaty that declared
strategic relations between the two Asian giants.
Russia sees the modernisation pact with China as a two-way
traffic road. China will benefit from
Russia's leadership in nuclear energy, space and aviation, while
Russia will take advantage of Chinese
superiority in high-speed rail transport, ship building, power
generation equipment and alternative
energy production.
China has become Russia's biggest trade partner this year, with
exports and imports exceeding $50
billion from January to August.
Israel and Hamas deal on exchange of abducted soldier and
Palestinian prisoners
Israel recently agreed to have a deal with Hamas in Gaza for the
release of abducted soldier Cpl.
Gilad Shalit in return for 1,000 Palestinian security
prisoners.
Cpl. Gilad Shalit spent five years in Palestinian captivity. It
is noteworthy that there was great tension
in Israel to secure the release of Shalit.
The deal was finalized after 64 months of tough
negotiations.
Syrian regime comes under pressure
In the recent weeks, the anti-regime protestors in Syria have
gained significant regional support
-
(from Egypt and Libya) as well as support from major powers like
China and Russia. They already
enjoy the support of the Western powers like the USA, the UK,
the EU and the NATO countries.
The recent announcement of support from China and Russia has
brought the Syrian regime under
significant international pressure to step down or at least
arrive at a negotiated settlement with the
rebel forces.
It is noteworthy that Syria also witnessed pro-democratic mass
uprisings about seven months back in
the wake of the ongoing wave of Arab Spring. The government has
so far responded with severe
crackdown against protesters, which has stirred condemnation
across the world. The United Nations
estimates that 2,900 people have been killed.
The new opposition movement, the Syrian National Council, has
received backing from many
countries. This group claims to be the only legitimate
representative of the Syrians.
Presidential election in Liberia
Liberia's National Elections Commission (NEC) recently released
final results of the Oct. 11, 2011
legislative and presidential elections, saying that none of the
16 presidential candidates obtained an
absolute majority to be declared winner.
The election law of Liberia provides that a presidential
candidate must obtain 50 percent plus one
vote of valid ballotsto become the President.
A run-off election will be held on Nov. 8, 2011 to decide
between the two leading contenders: Ellen
Johnson-Sirleaf (the presently serving President, also a Nobel
Prize winner) and Winston A.
Tubman of the opposition Congress of Democratic Change.
U.S. troops and advisers to deploy in Central Africa
The US administration has authorized U.S. troops and advisers to
deploy in Central Africa to help
track down the leaders of the Lord's Resistance Army rebel
force. It expands the string of US
interventions around the world.
American troops would serve with a limited scope and duration as
part of a strictly defined training
mission in Uganda, South Sudan, the Central African Republic and
the Democratic Republic of the
Congo. The U.S. special-operations trainers and military
advisers would assist African forces in their
search for Joseph Kony, the fugitive head of the Lord's
Resistance Army (LRA).
Mr. Kony, who is wanted by the International Criminal Court, has
tormented the region since the
1990s through killings, mutilations and kidnappings. Although
the U.S. forces are combat-equipped,
they will only be providing information, advice, and assistance
to partner nation forces, and they will
not themselves engage LRA forces unless necessary for
self-defense.
In this region, the U.S. faces a growing list of security
concerns-including Al Qaeda offshoots in
-
Somalia and Yemen, extremists in Nigeria, war in Libya, unrest
in Egypt and dangerous tensions
between Sudan's north and south.
Thailand floods
Thailand is experiencing its worst flooding in 50 years with
damages running as high as $6 billion.
The death toll in nationwide flooding is 317, mostly from
drowning, with nearly 9 million people
affected and 27 of the countrys 77 provinces still
inundated.
Widespread and longstanding floods were inflicted by heavy
monsoon rains.
Floodwaters in northern areas began in August and have slowly
crawled south toward the Gulf of
Thailand.
In-Depth Current Affairs Important for the descriptive questions
in the IAS Main Examination; also helpful for Interview
and Essay Preparation |Words in bold are key terms or facts
Occupy Wall Street Movement
Possible Question/s for Main Examination
Question 1 | (250 Words): What is Occupy Wall Street Movement?
Discuss its significance.
The Occupy Wall Street Movement
The Occupy Wall Street movement is a mass movement in the USA
with large popular support. It
originated in the New York City in the US. It has people
protesting against social and economic
inequality, widespread unemployment, corporate greed, corporate
power and influence over
government.
The protests were initiated on September 17, 2011 by a Canadian
activist group Adbusters. By mid-
October, similardemonstrations were either ongoing or had been
held in about 900 cities
worldwide.
The participants' slogan "We are the 99%" refers to difference
in the U.S. between the wealthiest 1%
and the rest of the population.
Modus operandi: The protestors in this movement assemble in
large numbers at the main financial
district of the city - such as the Wall Street in New York City
- and then camp there for long hours,
sometimes even for days. So far, the movement has been totally
violence free in the USA but not so
in some cities of Europe. For example, in Rome, the protests
turned violent and there were
incidences of loot and arson in the city.
Demands: The demands have varied from one part of the world to
another. But, the general theme
has been demands for concrete action against government
corruption and the excessive influence of
big business. The main demand of the USA protestors is formation
of a Presidential Commission
tasked with ending the influence of the corporate power on
government policies.
-
Significance
1. The protests influence has spread across other cities in the
US and to pockets of Europe and
Japan. It signifies that the issues which are in focus have a
global resonance. Considering this, it may
grow as a global movement against the free run of capitalism and
globalization since so far, they
have served only a few.
2. Coming just a few months after the London Riots, these
protests serve a reminder that growing
socioeconomic inequalities can pose serious threat to peace and
public order, if the governments
across the world do not take concrete policy decisions to
address the issue.
3. After the Arab Spring, these protests again highlight the
crucial role played by social media and
networking websites such as YouTube, Facebook and Twitter in
mobilizing mass opinion on public
causes.
4. Protests also indirectly highlight the problem of structuring
compensation packages that are
heavily influenced by variations in a company's reported profits
and share price performance in the
market.
To conclude, the Occupy Wall Street has today become a global
symbol for a wide range of feelings
and sentiments that go beyond mere anger at financial greed of
the corporate and colluding
governments. It also highlights a sense of frustration on lost
jobs, stagnant incomes, government
failures and rampant corporate corruption.
Science - Technology & Environment
Current Events Snippets Important for the IAS Preliminary
Examination & 2-mark and other short questions in the IAS
Main
Examination |Words in bold are key terms or facts
MICROS: A new Indian OS on cloud
The MICROS (Mobile In-Curred Revolutionised Operating System) is
a cloud based operating
system developed by an Indian student Deepak, studying in the
Loyola-ICAM College of Engineering
and Technology (LICET).
The OS has been made into an open source software and abides by
the licensing terms of Microsoft
Corporation using the open source edition of Windows PE.
It is simply a Plug and Play operating system, and combines the
best of proprietary and free
software, using the cloud to store data.
Nano-dressing: A drug-free method of healing wounds
-
Russian scientists have developed a drug-free method of healing
wounds.
The nano-dressing, VitaVallis, created by researchers in Tomsk,
Siberia, helps clean up wounds of all
known types of toxic bacteria. It does not get stuck to the
wound and heals burns, cuts and any
septic and infected wounds two to three times faster than
traditional methods do. The dressing
stops bleeding, ends inflammation, eliminates swellings and
stimulates skin regeneration. It also
helps kill pain and remove foul wound odour.
The most remarkable thing about VitaVallis is that it contains
no antibiotics and is therefore effective
against drug-resistant bacteria, the major problem of clinical
medicine.
The traditional way of treating wounds is to apply antiseptic
medicated bandaging to kill pathological
microbes, whereas this dressing sucks' microbes from the wound
without administering any drugs.
During hospital trials the new dressing has given excellent
results.
Centre bans Letrozole
The Centre has suspended the manufacture, sale and distribution
of Letrozole for induction
of ovulation in anovulatory infertility with immediate
effect.
The suspension has been ordered under Section 26A of the Drugs
and Cosmetic Act, 1940 (
23 of 1940) after the government decided that it was necessary
and expedient to regulate
distribution of the drug in public interest.
The government is satisfied that the use of letrozole for
induction of ovulation in anovulatory
infertility is likely to involve risk to human beings and safer
alternatives to the drugs are
available.
A new centre of excellence for bajra
The Union Agriculture Ministry has approved Chaudhary Charan
Singh Haryana Agricultural
University, Hisar, as a Centre of Excellence for bajra.
Linking genetic changes to human diseases becomes easy
The parts of the human genome that control when and where genes
are turned on have been
successfully identified.
The map created with this information will help researchers
trying to understand and interpret
genetic changes linked to human diseases.
This has become possible by comparing the sequences of 29
mammalian genomes. The genomes of
mammals studied include those of chimpanzees, rhesus monkeys,
mice, dogs, rabbits, rats, cats,
squirrels, fruit bats, horses, cows, and even elephants.
The studies showed highly conserved regions of the genome in all
the 29 mammals studied. The
highly conserved regions have remained the same across species
for a very long time.
These highly conserved regions make up nearly 4 per cent of the
human genome.
Health implications
The study has particular relevance in helping us understand
genetic variants or mutations closely
tied to certain diseases. Individuals suffer from certain
diseases when these mutations are
-
disrupted.
In-Depth Current Affairs Important for the descriptive questions
in the IAS Main Examination; also helpful for Interview
and Essay Preparation |Words in bold are key terms or facts
Megha-Tropiques
Possible Question/s for Main Examination
Question 1 | (250 Words): Discuss the importance of
Megha-Tropiques in weather monitoring.
Highlight the unique features of this system.
Megha-Tropiques
The Indo-French atmospheric research satellite, Megha-Tropiques,
was recently launched into space
with help of Polar Satellite Launch Vehicle (PSLV).
The use of satellites to watch over the weather
The use of satellites to watch over the weather and collect
related data began with the American
TIROS-1 that was launched in April 1960. Over 300 satellites
followed, carrying weather cameras and
a variety of other sensors to measure various parameters of the
oceans and the atmosphere.
With their capacity for global coverage, satellites made it
possible to monitor and follow events over
the oceans. Satellite imagery showed that the heavy rains of the
Indian monsoon were brought by a
vast band of clouds that arose near the equator and then
steadily moved northward over the
subcontinent.
The U.S.-Japanese Tropical Rainfall Measuring Mission (TRMM), in
particular, which was launched in
1997, has contributed greatly to studying rainfall patterns in
the tropics, including the powerful
storms that sweep these parts of the world.
Background of Megha Tropiques
Before India and France decided to collaborate on this project,
scientists in both countries had been
independently considering similar sorts of missions. In the late
1980s and the early 1990s, the
French were examining the possibilities for a Tropiques
satellite. The Indians were planning
a Climatsat satellite around the mid-1990s.
The idea of merging these efforts came about as a result of
contacts between scientists in the two
countries.
In 1998, the space agencies, the Indian Space Research
Organisation (ISRO) and the Centre National
d'tudes Spatiales (CNES), decided to carry out a feasibility
study. The following year, they signed a
Statement of Intent. They decided to pursue cooperation on a
mission aimed at enhancing the
understanding of tropical weather and climate. Subsequently, the
ISRO and the CNES signed a
Memorandum of Understanding (MoU) in 2001 to undertake a
detailed design of the satellite. In late
-
2004, the agencies signed a second MoU that gave the green
signal to proceed with development of
the satellite.
Utility of the mission
Though the tropics have inherently more predictability in them,
the scientists have not been able to
cash in on that predictability. One reason was that a
sufficiently deep analysis of basic scientific
problems had not been done. As a result, models from all over
the world don't have the same utility
over the tropics, particularly on the monsoons.
The name chosen for the satellite, Megha-Tropiques, reflects the
mission's goals. Megha,' the
Sanskrit word for clouds, underscoring a key focus of the
satellite, and the French word Tropiques'
denoting its concentration on the tropical region.
In an orbit inclined more closely to the equator, the
Megha-Tropiques will enjoy much greater
coverage of the tropics.
Such coverage is essential to study how a cloud system in the
Bay of Bengal evolves and moves. Such
a system typically goes from birth, through growth, to death in
12 hours or less. The satellite could
capture data about the cloud several times during that
period.
The sensors on the Megha-Tropiques have been designed to provide
information about the energy
and water cycles that drive cloud systems in the tropics. The
equatorial region gets more energy
from the sun than places closer to the poles. The surplus energy
from the tropics is moved to other
parts of the globe by ocean currents and atmospheric
circulation.As water vapour condenses to form
clouds and then falls as rain, it releases the heat that went
into its evaporation. Such release of
latent heat provides a large part of the energy that drives
global atmospheric circulation.
A passive sensor on the Megha-Tropiques, the Microwave Analysis
and Detection of Rain and
Atmospheric Structures (MADRAS), will be able to see' into
clouds by picking up faint microwave
signals given off by the earth and the atmosphere. This
instrument will gather data on winds, water
vapour and rain as well as about liquid water and ice in
clouds.
The Megha-Tropiques also has the ability to map the vertical
profile of water vapour. It does so with
two sensors. One of those instruments, known by the acronym
SAPHIR, will measure water vapour
at six vertical levels from the ground to a height of about 12
km. The vertical distribution of water
vapour is crucial in triggering the formation of deep clouds
that produce a great deal of rain. Such
studies can help in accurately predicting heavy rainfall events,
such as the deluge that swamped
Mumbai in 2005, a problem that is occurring time and again
during the monsoon.
The benefits from the Megha-Tropiques will be enhanced by its
data being used in conjunction with
those from other satellites. The Indo-French satellite is part
of the Global Precipitation Measurement
(GPM) mission based on an international network of satellites.
The GPM Core Observatory, which
will carry an active radar, is currently expected to be launched
in mid-2013.
-
Sports & Miscellany
Current Events Snippets Important for the IAS Preliminary
Examination & 2-mark and other short questions in the IAS
Main
Examination |Words in bold are key terms or facts
Sports
FORMULA ONE: Button wins race; Hamilton and Massa clash
again
Red Bull's Sebastian Vettel made a record as Formula One's
youngest double World champion
recently after finishing third in a Japanese Grand Prix won by
McLaren rival Jenson Button.
Persons in news
King Jigme Khesar Namgyal Wangchuck
King Jigme Khesar Namgyal Wangchuck of Bhutan married recently
to a commoner Jetsun Pema. The
newlywed couple subsequently visited India.
Julian Barnes
British novelist Julian Barnes was recently declared the
unanimous winner of this year's GBP 50,000
Man Booker literary prize for his novella, The Sense of an
Ending''.
Jagjit Singh
Jagjit Singh was a prominent Ghazal singer, composer and music
director. He passed away
recently after a brain hemorrhage .
Known as "The Ghazal King", he gained acclaim together with his
wife, another renowned Indian
Ghazal singer Chitra Singh in 1970's and 80's as the first
successful husband-wife duo act in the
history of recorded Indian music. Together, they are considered
to be the pioneers of modern Ghazal
singing and regarded as most successful recording artistes
outside the realm of Indian film music.
He was awarded India's third highest civilian honour, the Padma
Bhushan, in 2003 for his
contribution to the fields of music and culture.
Fauja Singh
Fauja Singh, a 100-year-old runner of Indian-origin settled in
Canada, has set a Guinness record of
being the oldest person to complete a full-distance Toronto
marathon.
It took Mr. Singh over eight hours to cross the finish line,
more than six hours after Kenya's Kenneth
Mu