Be Happy, Share & Help Each Other!!!

Transcription

1 Coins always make sound, But currency notes always remain silent. So when your value increases Keep yourself calm and silent.

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3 Sri Lankan filmmaker Jude Ratnam s début documentary, Demons in Paradise, got the rare red-carpet honour at the Cannes Film Festival recently,

4 Unwise proposal Intro:- Election Commission of India s proposal to the Law Ministry that it be armed with the power to punish for contempt. Democratic practices evolving over time, even the power to punish for contempt vested in the judiciary Even superior courts, empowered to act under the Contempt of Courts Act, 1971 Election Commission, which enjoys a high degree of public confidence and a reputation for impartiality Powers of a high court to punish both civil and criminal contempt is a travesty of our open and democratic system. ECI the power to enforce its orders may be an idea worth debating It will be very harmful to free speech and fair criticism if the ECI is given the power to punish Matter of concern that the ECI appears to be preparing the ground to use its power to curtail free speech

5 Continue There is a marked difference between the judiciary and the Election Commission. It is true that parties have made unfair accusations about the conduct of elections. The Aam Aadmi Party has made it a sort of mission to run down the electronic voting system. However, it cannot be forgotten that reforms such as the introduction of a verifiable paper trail came about only because somebody voiced criticism and suspicion. Throttling criticism in the name of punishing contempt will only cut of feedback.

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7 Big data, big dangers Intro:- Supreme Court- issues associated with Aadhaar, can we take a moment to look to the myriad(अस ख य) ways in which our privacy is being assaulted in the digital world? When my neighbour across the street got too curious about my life, I installed curtains to block his gaze. But what about when the invisible drones at Facebook send him a message that one of my colleagues has tagged me enjoying a music festival in Goa and he might want to like this picture? How do we draw a curtain around our digital lives? Corporations that want to utilise minutia(ज र स ब त) of your life to sell products that you may or may not need. Interested in understanding consumer behaviour-fb Big Data Technology (BDT)- Google has stored petabytes of information about billions of people and their online browsing habits. Similarly, Facebook and Amazon have collected information about social networks.

8 Continue Such data stores to violate the privacy of people. Vast pools of personal data in order to affect policies of a nation. Major problem is the potential drain of economic wealth of a nation. The advertising revenue that is currently earned by local newspapers or other media companies would eventually start to flow outside the country to overseas multinationals. What India can do China has apparently understood this dynamic and taken measures to counter this threat. Formation of large Internet companies such as Baidu and Alibaba Deterred Google and others from having major market share in China by using informal trade restraints and antimonopoly rules against them. India- encourage our industries to be able to build and retain data within our boundaries. Create a policy framework that encourages overseas multinationals such as Google and Amazon to build large data centres in India and to retain the bulk of raw data collected in India

9 Continue In the West, we already are seeing a number of start-ups developing technology that enables users to control who gets access to the data about their behaviour patterns in the digital world. We should also try this. The government has approved the Digital India Plan that aims to connect 2.5 lakh villages to the Internet by 2019 and To bring Wi-Fi access to 2.5 lakh schools, all universities and public places in major cities and major tourist centres. But unless we evolve appropriate policies to counter the side effects of the Digital Plan, this could also lead to the unforeseen e- Colonisation of India.

10 Qatar s isolation Intro:- The recent diplomatic rift between Qatar and other Arab states like Saudi Arabia, Bahrain, UAE and Egypt has again highlighted the geopolitical significance of the region beyond the oil factor. Result of an allegation- country supports and funds terror through its support of Iran and Muslim Brotherhood American intelligence report in 2015 had accused Qatar of financing Hamas. However, the Saudi-led action this time seems to be mainly targeted at Iran. U.S. President Donald Trump had accused Iran of being a regional terror sponsor. Later spoke in favour of the sanctions against Qatar. Affecting its ability to build infrastructure for the 2022 FIFA World Cup. Impact of sanctions on India, it depends on Qatar for 90% of its natural gas requirements Hence is likely to maintain its good relationship with the monarchy. The rift between Qatar and other Arab nations is unsustainable in the long run.

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12 Continue Gulf Cooperation Council (GCC)- need to negotiate and find a solution, keeping the group s collective agenda in mind Political and economic union consisting of all Arab states of the Arabian Gulf, except for Iraq. Member states are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates A 2011 proposal to transform the GCC into a "Gulf Union" with tighter economic, political and military coordination has been advanced by Saudi Arabia, a move meant to counterbalance the Iranian influence in the region. In order to reduce their dependence on oil in the future, the GCC states are pursuing unprecedented structural reform initiatives

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15 News Analysis Page-1,10,13- Put of GST rollout to Sept. 1, Aviation Ministry tells Fin Min The Ministry of Civil Aviation has asked the Ministry of Finance to postpone the rollout of the Goods and Services Tax (GST) from July 1 to September 1 as some domestic airlines, including national carrier Air India, have expressed their inability to switch to a new tax regime soon. Says effecting a change in airlines global ticketing systems will require more time Tax will ruin J&K s fiscal autonomy: NC National Conference claimed that the Goods and Services Tax regime if implemented in its present form will take away Jammu & Kashmir s fiscal autonomy and impinge on Article 370.

16 Continue Page-1,10- Cabinet clears 5% interest subvention(a grant of money) for crop loans Amid growing protests over farm sector distress, the Cabinet has approved the extension of the interest subvention scheme for farmers to Short-term crop loans up to 3 lakh will receive a subvention of 5%, effectively reducing the rate for farmers to 4%. The interest subvention scheme will continue for one year Implemented by the National Bank for Agriculture and Rural Development (NABARD) and the Reserve Bank of India.

17 Continue Page-3- Tripura tribal party renews call for separate State Indigenous People s Front of Tripura (IPFT) has announced that they would indefinitely block the Assam Agartala National Highway and rail network from July 10 to press its demand for a separate tribal State.

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19 Continue Page-11- Tension palpable in Darjeeling as GJM says agitation will intensify

20 Continue Page-13- Nod for Insolvency Bill for financial entities The Financial Resolution and Deposit Insurance Bill 2017, when enacted, will have a provision for the setting up of a Resolution Corporation, and would also see the repealing or amendment of several resolution related provisions in Acts pertaining to the particular sectors. Repealing of the Deposit Insurance and Credit Guarantee Corporation Act, 1961 The Union Cabinet on Wednesday approved the introduction of a new Bill to resolve bankruptcy cases affecting financial sector entities, including banks and insurance companies. It aims to limit the use of public money to bail out distressed firms during a financial crisis. Page-13-India aims to lift doing business ranking Nation was ranked 130 out of 190 countries last year in the World Bank s report Starting a business and dealing with construction permits to significantly improve its ranking in the next edition of the World Bank s (ease of ) Doing Business report, which is likely to be released in October

21 Q- Ans Aung San Suu Kyi - Nobel Peace Prize, which she won in 1991, for her non-violent struggle for democracy and human rights" Securities and Exchange Board of India (SEBI)- regulator for the securities market Chairman: Ajay Tayagi Established- 12 April 1988 Headquarters- Mumbai, Maharashtra International Labour Organization (ILO) is a United Nations agency dealing with labour problems- labour standards, social protection, and work opportunities for all. Established: 1919 Headquarter: Geneva, Switzerland

22 Q- Ans Mount Kilimanjaro is a dormant volcano in Tanzania (5,895 m (19,341 ft)). It is the highest mountain in Africa. It has three volcanic cones, "Kibo", "Mawenzi", and "Shira"

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