DAILY NEWSPAPER ANALYSIS THE HINDU & THE INDIAN EXPRESS (05 TH JULY,2018)

Transcription

1 DAILY NEWSPAPER ANALYSIS THE HINDU & THE INDIAN EXPRESS (05 TH JULY,2018)

2 NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- LIKED IT?- WHY NOT SUBSCRIBE & SHARE?

3 NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- LIKED IT?- WHY NOT SUBSCRIBE & SHARE?

4 NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- LIKED IT?- WHY NOT SUBSCRIBE & SHARE?

5 NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- LIKED IT?- WHY NOT SUBSCRIBE & SHARE?

6 NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- LIKED IT?- WHY NOT SUBSCRIBE & SHARE?

7 NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- LIKED IT?- WHY NOT SUBSCRIBE & SHARE?

8 NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- LIKED IT?- WHY NOT SUBSCRIBE & SHARE?

9 NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- LIKED IT?- WHY NOT SUBSCRIBE & SHARE?

10 MAINS WARM-UP( 05 TH JULY 2018) QUESTION. What is Collaborative federalism. What is the role of LG in NCT of Delhi as per the recent judgement of SC. { 200 WORDS, 10 MARKS }

11 LIKED IT?- WHY NOT SUBSCRIBE & SHARE? 1. Consider the following statements- Payments Council of India a) Payments Council of India was formed under the aegis of The Internet and Mobile Association of India(IAMAI) in the year 2013 catering to the needs of the digital payment industry. b) IAMAI It is the only professional industry body representing the online and mobile VAS industry in India. Which of the following is/are true i. A only ii. B only iii. Both A & B iv. Niether A nor B. 2. Behdienkhlam Festival a) Celebrated by non-christian Pnar people. b) It is celebrated to invoke the gods for a bumper harvest and drive away plague. c) A major festival of the people in the Palani Hills. Which of the following statements is/are correcti. A only ii. A & B. iii. A & C. iv. A,B & C NOTE - NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- - NOTE

12 LIKED IT?- WHY NOT SUBSCRIBE & SHARE? Q 3. Consider the following statements about European Free Trade Association (EFTA) 1. It operates in parallel with the European Union (EU) 2.The member states participate in the European Single Market 3.All the Nordic countries are members of the EFTA Select the correct statements a)1 Only b)1 and 2 c)2 and 3 d)1, 2 and 3 Q 4. Which of the following African river crosses equator twice during its coursea. River Orange b. Niger river c. Congo river d. Nile Q 5. Breach Level Index is published by a) Transparency international. b) Amnesty. c) UNHRC d) Gemalto NOTE - NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- - NOTE

13 LIKED IT?- WHY NOT SUBSCRIBE & SHARE? Q 1) (3) Both A & B. Q 2) (2) A & B. As it is a festival celebrated by people from Jaintia hills of Meghalaya. Q.3) Solution (b) The European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four European states: Iceland, Liechtenstein, Norway, and Switzerland. The organization operates in parallel with the European Union (EU), and all four member states participate in the European Single Market.They are not, however, party to the European Union Customs Union. Whilst the EFTA is not a customs union and member states have full rights to enter into bilateral third-country trade arrangements, it does have a coordinated trade policy. Q 4) Answer (a) Q 5) Answer (d) Gemalto. Breach Level Index, released by digital security firm Gemalto, reported a 783% increase in cases of data theft in India in NOTE - NOTES- OF EDITORIAL + MAINS Q & A + DAILY MCQs- - NOTE

14 The paradox of job growth The latest employment estimates by the Central Statistics Office (CSO) are not factually correct as they are off the mark, and confined to the economy s organised or formal sector, accounting at best for 15% of the workforce. These infirmities in the data set used led to Overstated domestic output growth on GDP estimates (after the latest revision a few years ago). CSO report titled Payroll Reporting in India: An Employment Perspective April 2018, the economy added 4.1 million new jobs in the formal sector. It defines jobs as ones that provide at least one government financed (or mandated) social security benefit such as Employees Provident Fund (EPF), National Pension Scheme, or Employees State Insurance Scheme. But what about the workforce engaged in the informal sector? Lack of credibility The estimates are based on administrative records of implementing the social security schemes, whose completeness, consistency and accuracy are unknown. Possibility of double counting as a a formal (organised) sector worker, in principle, can legitimately access (or subscribe to) more than one social security scheme. Evasion of EPF by employers due to poor enforcement of labour laws. To formalise employment, govt. has incentivised employers to enrol workers under EPF by offering to make employers contribution to the social security scheme for three years, thus boosting enrolment. This official measure is flawed.

15 A comparison National Sample Survey (NSS) have been the mainstay for analysing labour market trends. Formal sector stands at the apex of India s labour market pyramid, agriculture being at the bottom, employing 50% of the workforce. The remaining workers are in the non-farm informal sector. A decline in worker-population ratio between and , suggesting a deteriorating employment situation recently (Labour Bureau under the Ministry of Labour and Employment-Household survey). Some answers to Overestimated figures: GDP growth figures are probably overestimated on account of the mis-measurement of GDP in the new National Accounts Statistics (NAS). In manufacturing, in the last few years, the growth rates reported by the Index of Industrial Production (IIP), and the Annual Survey of Industries (ASI) are consistently lower than those reported by GDP in manufacturing, suggesting an overestimation of manufacturing value added in the NAS. A possibility of double counting of workers & lack of Consistency and accuracy of the administrative datasets have not been publicly established. To conclude we can say that, the paradox or mystery of poor employment growth and high GDP growth disappears if one concedes that the recent output growth rates are probably overestimated after the latest revision of the National Accounts Statistics a few years ago, on account of the questionable methodologies and databases used.

16 Insecurity in cyberspace: on sharing data online Data mining and surveillance may have become synonymous with social good and public safety in the digital age, but anxiety about data theft and tampering has become a reality for social media, Internet and digital service users. How severe the scenario is? The new Breach Level Index, released by digital security firm Gemalto, reported a 783% increase in cases of data theft in India in Globally, sectors which were hit the most by data theft in 2017 Healthcare (27%), financial services (12%), education (11%) and government (11%). In terms of the number of records lost, stolen or compromised, the most targeted sectors were government (18%), financial services (9.1%) and technology (16%). Facebook estimated that the personal data of 5,62,455 users in India was improperly shared with British consultancy firm Cambridge Analytica. Apart of illegal data mining The Reserve Bank of India reported a 35% increase (from 8,765 cases to 11,997) in ATM credit, debit card and net banking related fraud cases between and Concerns about data theft from the Unique Identification Authority of India. Consequences or after-effects of Data theft? A significant number of users have shown unwillingness to use technology and are uncertain about sharing basic data name, location, date of birth on third party applications. Market research company, Velocity MR, in May 2018 released a survey that found that after the Facebook security breach, 24% of Indians shared lot less personal data online while 7% stopped sharing data altogether. Way ahead? Developing trust in government to protect citizens is the first step towards reducing people s fears.