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Tuesday, May 19, 2020

The HINDU Notes – 19th May 2020

11:39




📰 Are the United States and China entering a new Cold War?

Relations have taken a hit after the COVID-19 outbreak; experts say tensions are unlikely to ease in near future as mutual mistrust is building up

•Relations between the U.S. and China have plunged to a nadir in recent weeks. On May 15, President Donald Trump threatened to “cut off the whole relationship” with China over the COVID-19 pandemic, which originated in Wuhan. He had earlier called the coronavirus “Chinese virus” and threatened to seek compensation from China for the damages caused by the outbreak.

•China, sometimes through the state-run media, has hit back, calling Mr. Trump’s recent comments “lunacy”.

•The rising tensions between the two superpowers have prompted many experts to warn of a new Cold War. Hawks in the Trump administration openly push for a more aggressive approach towards Beijing.

•Relations between the two countries had started deteriorating well before the COVID-19 pandemic. In 2017, the Trump administration’s National Security Strategy called China as “a revisionist power” seeking “to erode American security and prosperity”.

•In September 2019, while responding to U.S. Assistant Secretary of State Christopher Ford’s comment that the American government was formulating a strategy to address potential “security challenges” by China, the Foreign Ministry in Beijing “urged” the U.S. “to abandon the Cold-War mentality”

The ‘Novikov telegram’

•COVID-19 appears to have aggravated the crisis. “Record high temperatures have been recorded in Sino-U.S. relations in recent years and the pandemic is no exception to this. Competition rules the relationship, and flexibility and mature handling are in short supply on both sides. Uncertainty prevails, whether it on the question of resolving trade problems, or on the maritime front in the East and South China Seas, on technology, or on mutual mud-slinging on COVID-19-related issues,” Nirupama Menon Rao, former Foreign Secretary, told The Hindu .

•In early April, China’s Ministry of State Security sent an internal report to the country’s top leaders, stating that hostility in the wake of the COVID-19 outbreak could tip relations with the U.S. into confrontation, according to a Reuters report. One of the officials the report has quoted said some in the Chinese intelligence community see the internal report as China’s version of the ‘Novikov Telegram’, referring to a report Nikolai Novikov, the Soviet Ambassador in Washington, sent to Moscow in September 1946, laying out his analysis of the U.S. conduct.

•In his report, Novikov had said the U.S. was determined on world domination, and suggested the Soviet Union create a buffer in Eastern Europe. Novikov’s telegram was a response to the “Long Telegram”, the 8,000-word report sent by George Kennan, an official at the U.S. Embassy in Moscow, to Washington, in which he said the Soviet Union was heavily armed and determined to spread communism. Historians often trace the origins of the Cold War to these telegrams.

Nationalist overdrive

•So where is the current crisis in relations between the U.S. and China headed? According to Ms. Rao, tensions will not go away. “This situation is unlikely to ease until the U.S. presidential election. Post-election, temperatures could decrease, but a deep-rooted antipathy towards China has gripped the popular and political imagination in the U.S. Therefore, tensions will not go away. In China, the leadership and public opinion are both on a nationalist overdrive and the Trump administration is seen as the prime antagonist. The prognosis is not encouraging,” she said.

•Does it mean both countries are already in a Cold War? “There are similarities between the current crisis and the Cold War. The political elites of both China and the U.S., like the Soviet Union and the U.S. back then, see each other as their main rivals. We can also see this antagonism moving from the political elite to the popular perception,” said Jabin T. Jacob, Associate Professor at Shiv Nadar University.

•“But there are key differences as well. We don’t see the kind of proxy conflicts between the U.S. and China which we did during the Cold War. The world is also not bipolar any more. There are third parties such as the EU, Russia, India and Japan. These parties increasingly have a choice whether or not to align with either power as they see fit and on a case by case basis. This leads to a very different kind of international order than during the Cold War,” Mr. Jacob told The Hindu .

•But Mr. Jacob warned that ties between the U.S. and China could take a worse turn if Mr. Trump is re-elected this November. “The Cold War was out and out ideological between the communist and capitalist blocs. For China, a country ruled by a communist party where the primary goal of all state apparatus is preserving the regime in power, it’s always been ideological. The U.S. has started realising this angle about China now. The Republican party has ideological worldviews, too. If Trump gets re-elected, the ideological underpinnings of the U.S.-China rivalry could get further solidified.”

📰 ‘Unknown sources funding parties’

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THE HINDU NEWSPAPER IMPORTANT ARTICLES 19.05.2020

IASbaba Current Affairs April 2020 pdf Download

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GS SCORE Prelims 2020 Test 46 With Solution PDF

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GS SCORE Prelims 2020 Test 45 With Solution PDF

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Monday, May 18, 2020

FM announces 5th tranche of measures for “Aatmanirbhar Bharat Abhiyan”

18:01
Union Finance Minister Nirmala Sitharaman has announced the details of the 5th tranche of Economic Relief Package for “Aatmanirbhar Bharat Abhiyan” amid COVID-19 pandemic. This 5th tranche is the part of economic package of Rs 20 lakh crore has been announced with the prime objective of making India self-reliant.
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Daily Current Affairs, 18th May 2020

17:56





1) World Telecommunication and Information Society Day: 17th May
•World Telecommunication and Information Society Day is observed globally on 17th May every year. The main aim to celebrates the World Telecommunication and Information Society Day (WTISD) is to help raise awareness of the possibilities that the use of the Internet and other information and communication technologies (ICT) can bring to societies and economies.

•The theme of World Telecommunication and Information Society Day of 2020: “Connect 2030: ICTs for the Sustainable Development Goals (SDGs)”

2) World Hypertension Day observed globally on 17th May
•World Hypertension Day is observed globally on 17th May every year. The main aim of celebrates the day is to promote public awareness of increasing high blood pressure (BP) and to encourage citizens of all countries to prevent and control this silent killer. The day was celebrated for the 1st time in May 2005. World Hypertension Day (WHD) is an initiative of the World Hypertension League (WHL), an affiliated section of the International Society of Hypertension.

•The theme for World Hypertension Day 2020: Measure Your Blood Pressure, Control It, Live Longer. The theme focuses on increasing high blood pressure (BP) awareness in all populations around the world.

•The WHL has announced that it will postpone the celebration of World Hypertension Day (WHD) 2020 until October 17, 2020, due to global COVID-19 pandemic.

3) International Museum Day celebrated on 18 May
•International Museum Day is celebrated every year on 18 May to raise awareness about the fact that, “Museums are an important means of cultural exchange, enrichment of cultures and development of mutual understanding, cooperation and peace among peoples.” The International Museum Day 2020 was celebrated with the theme “Museums for Equality: Diversity and Inclusion”.

•International Museum Day was celebrated for the first time 40 years ago. The day is being celebrated all around the world and also features the participation of more and more museums from the worldwide.

4) NDMA develops dashboard “National Migrant Information System”
•An online dashboard “National Migrant Information System (NMIS)” has been developed by the National Disaster Management Authority (NDMA). The dashboard has been developed by NDMA to secure information regarding the movement of migrants and to facilitate the smooth movement of stranded persons across States.

•A central repository on migrant workers would be maintained by the dashboard NMIS. It will also support in speedy inter-State communication/co-ordination to facilitate the smooth movement of migrant workers to their native places. It also comprises of additional advantages such as contact tracing, which may be beneficial in the overall COVID-19 response work. With the help of the data integrated in the dashboard, the states will be able to visualize how many people are going out from where and how many are reaching their destination States.

5) Defence Testing Infrastructure scheme approved by Defence Minister



•A Defence Testing Infrastructure Scheme (DTIS) has been approved by the Defence Minister Rajnath Singh. The scheme with an outlay of Rs 400 crore, has been approved to offer private sector defence and aerospace companies affordable facilities to test as well as validate the weaponry designed by them. The DTIS scheme has been approved to promote indigenous defence capability, specifically amongst micro, small and medium enterprises (MSMEs) and start-ups. Under this scheme, the private sector will also have access to facilities such as sophisticated and costly testing facilities for firearms, ammunition, electronics and radar at government expense.

•The Defence Testing Infrastructure Scheme intends to set up Greenfield Defence Testing Infrastructure as a common facility in Defence Industrial Corridors (DICs), under the private sector with government assistance. The scheme will run for 5 years and envisages the setting up of six to eight test facilities in partnership with private industry.

6) Benjamin Netanyahu secures 5th term as Israeli Prime Minister
•Prime Minister Benjamin Netanyahu has won the Israeli national election, securing a record fifth term in office, after a controversial power-sharing deal with rival-turned-partner Benny Gantz. President Reuven Rivlin officially granted Netanyahu, two-week mandate to form his government, following which, Netanyahu announced the formation of his coalition government on 17 May 2020.

Under the three-year coalition deal:

•Netanyahu will serve as Prime Minister for the coming 18 months, which would keep him in power until November 13, 2021.

•Till then Benny Gantz will serve as the Defence Minister of the country.

•After 18 months, both of them will swap their roles and Netanyahu will become Defence Minister while Gantz will be the new Prime Minister.

7) NRAI tie-up with DotPe to build tech platform
•National Restaurants Association of India (NRAI) has partnered with fintech start-up DotPe to build its own tech platform. This platform enables them with online payments for digital ordering, bill settlements, and contactless dining. DotPe will provide us with a tech solution.

•NRAI is the apex body of the Food and Beverage Industry in India. This partnership would directly take on existing food-tech aggregators, Zomato and Swiggy. NRAI represents over five lakh restaurant businesses. It is also looking for different delivery and logistics companies. It is also exploring synergies with social media platforms such as WhatsApp, Facebook, and Instagram to provide and ordering facilities and visibility for restaurant partners who could potentially be its members.

8) HDFC’s Zubair Iqbal becomes new MD of J&K Bank
•Senior vice president of HDFC Bank, Zubair Iqbal has appointed as new managing director of Jammu and Kashmir Bank by Jammu and Kashmir Government. Iqbal will have a three-year tenure.

•RK Chibber, who currently holds the position of Chairman and Managing Director (CMD) of J&K Bank, will continue to serve as the Chairman of the bank for the next three years. The appointments are based upon the continuous directions by the Reserve Bank of India (RBI) to separate the positions of Chairman and Managing Director for better governance.

9) A Book titled “Wuhan Diary: Dispatches from a Quarantined City” authored by Fang Fang
•The book called “Wuhan Diary: Dispatches from a Quarantined City” authored by Chinese literary writer Fang Fang. This book is a compilation of online diary entries and social media posts that document 60 days of lockdown during COVID-19. The book was published by HarperNonFiction.

•On January 25, 2020, after the Chinese central government imposed a lockdown in Wuhan, Fang Fang began publishing an online diary. In the following days & weeks, author’s nightly postings gave voice to the fears, frustrations, anger, and hope of millions of her fellow citizens, which reflects the psychological impact of forced isolation, the role of the internet as both community lifeline and source of misinformation, and the lives of neighbours and friends taken by the deadly virus. 




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ECONOMY CLASS NOTES IN HINDI BY KUMAR AMIT SIR , DHYEYA IAS

14:13






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The HINDU Notes – 18th May 2020

14:07




📰 Centre throws open all sectors to private players

MGNREGA gets Rs. 40,000 crore in FM’s fifth tranche

•The Centre has agreed to demands from States to hike their borrowing limits from 3% to 5% of their GDP in light of the COVID-19 crisis, but on the condition that they implement specific reforms.

•The fifth and final tranche of the Atmanirbhar Bharat Abhiyan stimulus package, announced by Finance Minister Nirmala Sitharaman on Sunday, also included an additional Rs. 40,000 crore allocation for the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), and a new policy welcoming private companies into every sector of industry, while limiting public sector enterprises to strategic sectors only. Corporate enterprises were also offered some relief via changes to the Insolvency and Bankruptcy Code (IBC) and the Companies Act.

•The total package amounts to almost Rs. 21 lakh crore by the Centre’s accounting, but is heavy on credit-related measures, including Rs. 8 lakh crore worth of liquidity enhancing measures by the RBI. Some analysts felt that this amounted to double counting as the credit guarantee schemes to support small companies and non-banking finance companies would also tap into the RBI’s measures.

•“The final picture shows that of the Rs. 20.97 lakh crore stimulus package — which amounts to 9.8% of GDP — only Rs. 2.2 lakh crore can be traced as direct additional budgetary cost to the Central exchequer, while another Rs. 1.55 lakh crore relates to already budgeted expenditures,” said Ernst and Young chief policy adviser D.K. Srivastava, who is also on the Advisory Council for the 15th Finance Commission.

•“The remaining 85% comes from the RBI’s liquidity announcements, credit guarantee schemes and insurance schemes, apart from the structural reforms which are not really stimulus or relief measures.”

•The decision to allocate Rs. 40,000 crore to the MGNREGA scheme in addition to the Rs. 61,000 crore allocated in the Budget was widely welcomed, as a measure that will support rural livelihoods at a time when returning migrants swell unemployment in the villages.

📰 Discontinue free power for farmers, says Centre

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Employment News 16 May to 22 May 2020 Download pdf

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Employment News pdf This Week - 16 May to 22 May.

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