Must Read News Articles – March 29, 2019

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GS 2

U.S. circulates draft resolution on Azhar in Security Council

The U.S. on Thursday took the lead in bringing sanctions against Jaish-e-Mohammad (JeM) chief Masood Azhar at the United Nations by circulating a draft resolution among Security Council members.

SC to hear plea against 10% economic quota

The court is concerned with Mr. Dhavan’s argument that the economic reservation violates the 50% reservation ceiling limit fixed by a nine-judge Bench in the Indra Sawhney case. Further, the 1992 judgment had barred reservation solely on economic criterion.

Govt. defends move on Finance Act

The Constitution Bench is hearing a clutch of petitions, including one by Member of Parliament Jairam Ramesh, challenging certain provisions of the Finance Act, 2017 which modify the terms of appointment and functioning in various statutory tribunals, including the National Green Tribunal.

Dangerous precedent

U.S. President Donald Trump’s decision to recognise Israel’s sovereignty over the occupied Golan Heights hardly came as a surprise given his administration’s blatant pro-Israel stance.

What the world thinks

The U.S. (40%), the U.K. (46%), France (49%), Japan (48%) and Australia (40%) thought that India played a more important role in the world compared to 10 years ago

GS 3

Power in space

India has entered an elite space club with the Defence Research and Development Organisation blowing up a satellite in a Low Earth Orbit into smithereens.

The shape of an urban employment guarantee

According to the PLFS report, the unemployment problem is especially aggravated in India’s cities and towns. Aside from unemployment, low wages and precarity continue to be widespread.

New loan pricing scheme may be put off

Banks will be getting more time to migrate to the new loan pricing regime which was scheduled to be implemented from April 1. This new pricing scheme, based on an external benchmark, will be applicable for floating rate loans extended to individuals and small businesses.

Data ownership, a bone of contention

The ownership of aggregate data remains a bone of contention between the Department for Promotion of Industry and Internal Trade (DPIIT) and stakeholders, including start-ups and SMEs, in the ongoing consultations over the draft e-commerce policy.

 

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