THE EXAMS MADE SIMPLE: Daily THE HINDU and PIB NEWS Summary/Analysis For UPSC :16th and 17th January 2017

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Daily THE HINDU and PIB NEWS Summary/Analysis For UPSC :16th and 17th January 2017

16th and 17th January 2017

1)Silicon identified as ‘missing element’ in Earth’s core.

By : Scientists of Japan University

It was found that silicon is a major element and constitutes about 5% of the Earth’s inner core by weight.

Earth’s core is mainly composed of iron (makes up about 85% of its weight) and nickel (accounts for about 10% of the core).

2) India was ranked 92nd among 118 countries in the 2017 Global index of talent competitiveness (GTI) list. The index measures ability of countries to compete for talent i.e. how countries grow, attract and retain talent.

The index is produced by global business school INSEAD in partnership with Adecco Group and Human Capital Leadership Institute (HCLI) of Singapore.

India’s ranking is worst among the five BRICS countries. China (54th), Russia (56th), South Africa (67th) and Brazil (81st).


3)India Signs Financing Agreement with World Bank for US$ 48 Million for “Nagaland Health Project”. 


4)India ranked 60th among the 79 developing countries in 2017 Inclusive Development Index (IDI) released in World Economic Forum’s (WEF) ‘Inclusive Growth and Development Report’.

Lithuania (1st), Azerbaijan (2nd), Hungary (3rd)

Reasons for India’s lower rank: 

India’s debt-to-GDP ratio is high, that raises some questions about the sustainability of government spending. 

India’s labour force participation rate is low, informal economy is large and many workers are vulnerable to employment situations with little room for social mobility. 

India needs more progressive tax system to raise capital for expenditures in infrastructure, health care, basic services and education

5)The Union Ministry of Environment, Forest and Climate Change (MoEFCC) has notified the Graded Response Action Plan to combat air pollution in NCR Delhi region.

Based on the air quality the grades have been classified as Emergency, Severe, Very Poor and Moderate poor. It will be enforced by Environment Pollution Control Authority (EPCA).

During ‘very poor’ air quality, it recommends banning diesel generators and parking fee increased by three to four times.

6)The World Economic Outlook (WEO) update released by the International Monetary Fund (IMF) has cut India’s growth rate for the fiscal year 2016–17 to 6.6% from its previous estimate of 7.6%.


MAINS QUESTION:

Discuss the Short and Long Term Consequences of Demonetization??

Throw some Light on the India Bangladesh Relations??

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