Must Read News Articles – November 14th, 2018

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GS 2

SC refuses to stay Sabarimala ruling

The Supreme Court on Tuesday agreed to hear in open court review petitions against its majority judgment which lifted a ban on women aged between 10 and 50 years from undertaking the pilgrimage to the Sabarimala temple in Kerala. The review petitions will be heard by an “appropriate Bench” in open court on January 22, next year.

Sri Lanka court stays dissolution, snap elections

Sri Lanka’s Supreme Court on Tuesday stayed President Maithripala Sirisena’s dissolution of Parliament and restrained the Election Commission from preparing for snap elections.

Four corners

As officials from the ‘Quadrilateral’ grouping of India, Australia, Japan and the U.S. meet in Singapore on Wednesday, their challenge will be to accurately describe their common agenda.

A reality check on cooperative federalism

Since at least 1974, when the Supreme Court commented on the Constitution envisaging a cooperative federal structure, federalism has come a long way in India.

GS 3

Is govt. crop insurance scheme losing steam?

More than 84 lakh farmers, which is around 15% of the total farmers insured in the first year of the Union government’s ambitious Pradhan Mantri Fasal Bima Yojana in 2016-17, withdrew themselves from the scheme in 2017-18, a reply to an RTI application has revealed.

New index to check ease of doing agri-business

States may soon start receiving extra funding for the Agriculture Ministry’s flagship schemes on the basis of their performance in encouraging agri-business, especially with regard to marketing, land and governance reforms.

Changing trends?

A meeting of OPEC and its allies in December will decide the future course of oil prices

After IL&FS, SEBI tightens norms for raters

The Securities and Exchange Board of India (SEBI) has tightened the disclosure norms for credit rating agencies (CRAs) that will now have to take into account various factors, including asset-liability mismatch, liquid investments, cash flows and capital infusion from parent or group entities while performing any rating action.

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