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Home » THE HINDU, PIB CURRENT AFFAIRS 10 JAN 2019

THE HINDU, PIB CURRENT AFFAIRS 10 JAN 2019

Note:  The following Current affairs has been selected from AIR, PIB, PRS, BBC, The Hindu, IDSA (Institute for Defence Studies and Analyses), Live mint, Indian Express, Quora.com, Hindustan Times, Telegraph, The Times , WTO, New Indian express , The Guardian and is highly recommended for UPSC Prelims and Mains Examination

 

News Analysis: 10-01-2019

National News

General Studies-III : Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.

 

India’s GDP may grow at 7.3% in 2018-19, says World Bank

  • India’s GDP is expected to grow at 7.3% in the fiscal year 2018-19, and 7.5% in the following two years, the World Bank has forecast, attributing it to an upswing in consumption and investment.

  • The bank said India will continue to be the fastest growing major economy in the world.

  • China’s economic growth is projected to slow down to 6.2% each in 2019 and 2020 and 6% in 2021, according to the January 2019 Global Economic Prospects report released by the World Bank.

  • In 2018, the Chinese economy is estimated to have grown by 6.5% as against India’s 7.3%.

  • In 2017, China with 6.9% growth was marginally ahead of India’s 6.7%, mainly because of the slowdown in the Indian economy due to demonetisation and implementation of the Goods and Services Tax (GST), the report said.

 

Source: The Hindu

 

General Studies-III : Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.

 

Tokenisation may aid safe digital transactions

  • The Reserve Bank of India’s (RBI) decision to allow card payment providers to offer tokenisation services will ensure the safety of digital transactions and reduce chances of fraud, industry players said.

  • Tokenisation involves a process in which a unique token masks sensitive card details like card and CVV number. The token is used to perform card transactions in contactless mode at Point Of Sale (POS) terminals, Quick Response (QR) code payments, etc.

  • Tokenisation is expected to increase digital transactions in India.

  • The way the token will work is like this — the debit or credit card holder will create a code for a particular amount, say ₹500, through an app in the form of a number.

  • That number will have the amount that can be spent, the merchant type where it can be spent as well as time within which the transaction needs to be completed. Then the number can be shared with the merchant who will enter it in the mobile, to get the payment for the items sold.

Source: The Hindu

 

 

 

 

 

 

 

General Studies-III : Science and Technology- developments and their applications and effects in everyday life Achievements of Indians in science & technology; indigenization of technology and developing new technology.

 

Union Minister of Agriculture & Farmers Welfare Shri Radha Mohan Singh releases recombinant ELISA kits

  • Union Minister of Agriculture & Farmers Welfare Shri Radha Mohan Singh today released recombinant Enzyme-linked immune sorbent assay (ELISA) kits: one for Glanders and other for Equine Infectious Anaemia. Both these diseases are notifiable diseases in India and require special diagnosis for control and eradication in the country.

  • Glanders is a fatal infectious and notifiable disease of equines including horses, donkeys and mules.The disease is caused by a bacterium known as Burkholderia mallei and has zoonotic potential.The organism is also considered as potential bio-weapon and categorized under ‘Tier 1 Select Agent’.

  • This ELISA has a huge potential of international commercialization as recombinant protein-based ELISA is not available in any other country. This technology will prove to be a milestone in the control and eradication of glanders from India.

  • Equine infectious anaemia (EIA) is a chronic, debilitating and persistent infectious disease of equines caused by a retrovirus

  • This technology will provide sustainable and homogeneous source of antigen and harmonized protocol to ensure regular surveillance of EIA. Both kits are highly economical as compare to imported kits.

Source: PIB


 

General Studies-II : Bilateral, regional and global groupings and agreements involving India and/or affecting India's interests Effect of policies and politics of developed and developing countries on India's interests, Indian diaspora.

 

Korean consensus?

  • Kim Jong-un’s visit to China is likely to force next steps after the Singapore summit

  • The visit to China of North Korean leader Kim Jong-un, at the invitation of President Xi Jinping, is significant for two distinct reasons.

  • It is evidence of the continuing calm in the Korean peninsula for nearly a year since the thaw between Pyongyang and Washington that culminated in the Singapore summit in June 2018.

  • The meeting also coincides with the resumption of trade negotiations this week between U.S. and Chinese delegations in Beijing.

  • Expectations are that the dialogue between the regional neighbours could impact the trade dispute between the world’s two largest economies.

  • Whereas Mr. Xi is keen on securing sanctions relief for Mr. Kim, U.S. President Donald Trump will be equally eager that his peace deal continues to resonate in the region and beyond, notwithstanding the practical hurdles it has encountered.

  • The Xi-Kim meeting cannot have overlooked the stalled progress on the denuclearisation of the Korean peninsula that Mr. Kim and Mr. Trump agreed on in Singapore.

  • The American and North Korean leaders have in recent days reiterated their willingness to schedule another bilateral summit, a hope they have held out for months.

  • But unlike the ambiguous promises issued in the Singapore declaration, Mr. Kim now wants to talk specifics. This could raise the stakes beyond diplomatic niceties and sound bites.

  • In his New Year address, he emphasised the easing of economic sanctions as a priority, on which Beijing’s diplomatic clout could prove critical despite the lack of movement on the nuclear question.

  • In that speech, Mr. Kim also insisted on a permanent end to the annual joint military exercises between the U.S. and South Korea. Another demand was for multilateral negotiations to declare a formal end to the Korean war in place of the truce that has obtained since 1953.

  • The latter issues have acquired greater weight in view of the ongoing rapprochement between Seoul and Pyongyang. This is exemplified by their decision to convert the Demilitarised Zone that separates the two countries into a peace park, and to disarm the joint security area.

  • Formal negotiations between North Korea and the U.S. have made little headway since the Singapore summit. Access to North Korea’s nuclear installations has proved elusive to U.S. officials.

  • The sudden cancellation of Secretary of State Mike Pompeo’s visit to Pyongyang last August was an indication of the stalemate.

  • A North Korean test of a new tactical weapon in November was seen as a way to pressure Washington for concessions, if not a return to the hostile posturing of previous years.

  • The uneasy calm that has been sustained on the peninsula for over a year now is no doubt a respite from Pyongyang’s successive nuclear tests to rattle the U.S. mainland.

  • But Washington is impatient for information on the North Korean weapons stockpile. Pyongyang is anxious about sanctions relief. Something has to give.

 

Source: The Hindu


 

Other Issues in News:

Parliament passes Bill to provide 10% quota for poor

  • Parliament on Wednesday cleared the Constitutional Amendment Bill guaranteeing 10% quota in education and employment to economically weaker sections in the general category, following an approval by the Rajya Sabha.

  • The Upper House nod came following an over nine-hour-long heated debate, during which the Opposition accused the government of bringing the Bill in haste with an eye on the coming Lok Sabha election.

 

Source: The Hindu


 

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