Comprehensive News Analysis - 27 March 2017

A. GS1 Related

Nothing here for today!!!

B. GS2 Related
Category: INTERNATIONAL RELATIONS
1. Indo-U.S. civil nuclear pact likely to miss June deadline 

Key Points

• Chapter 11 of reactor creator Westinghouse mists operationalisation of the arrangement
• Over two years after India and the U.S. declared that the common atomic arrangement was “done,” its real operationalisation is in uncertainty over various improvements that extend from a “school embarrassment” in the Japanese parliament in Tokyo to the Cranberry, Pennsylvania base camp of Westinghouse Electric, which is required to petition for chapter 11 this week.
• As indicated by the understanding over risk issues and the arrangements that took after previous U.S. President Barack Obama’s visit to India in January 2015 and Prime Minister Narendra Modi’s visit to Washington in June 2016, the two sides had consented to “work toward finishing the legally binding game plans by June 2017” for six reactors to be implicit Andhra Pradesh by Toshiba-possessed Westinghouse and the Nuclear Power Corporation of India Ltd (NPCIL).
• Whenever finished, this was to be the primary operationalisation of the Indo-U.S. common atomic arrangement, which was reported in 2008, and evidence that both sides have successfully dealt with every one of their issues, including over the obligation that providers must acknowledge in case of a mischance.
• The explanation behind the worry is that the Indo-U.S. atomic game plan relied on two central point — the consummation of the India-Japan Nuclear Cooperation Agreement (NCA), as Toshiba and different providers for reactor parts are bound by Japanese laws and by the genuine contract to be consulted by the U.S.- based Westinghouse.
• While the NCA was marked in Tokyo in November 2016, it is yet to be endorsed by the Japanese Diet (Parliament). Japanese authorities disclosed to The Hindu that the NCA was relied upon to have been approved toward the beginning of March amid the present session, however has been wrecked by a debate over allegations that Prime Minister Shinzo Abe, his better half and the Defense Minister Tomomi Inada favored an asserted “sweetheart arrangement” for a school in Osaka.

C. GS3 Related

Category: ECONOMY

1. A timely step 

Key Points

• State-possessed banks, advised to submit turnaround arrangements, ought to endeavor to address their NPAs.
• The Finance Ministry’s unequivocal message to 10 state-claimed loan specialists to submit time-bound turnaround arranges, or neglect any further capital imbuement from the legislature, is a little yet convenient stride in the correct heading.
• As the Reserve Bank of India had hailed in its last Financial Stability Report, dangers to the keeping money division remain worryingly “high”.
• The nonstop decay in resource quality, particularly at people in general segment banks (PSBs), has prompted low benefit and considerable esteem disintegration to the central shareholder — the administration.
• As the RBI’s report called attention to, PSBs saw the extent of their gross non-performing advantages for aggregate advances twofold in the 12 months through September 2016 to 11.8%.
• That the Center has incorporated the workers’ unions in the proposed MoUs it means to go into with the loan specialists is additionally characteristic of the earnestness with which it is moving toward the determination this time around.
• Staff, who have been a key component in the development and advancement of the division, have a personal stake in the strength of PSBs; the danger of proceeded with disappointment is conclusion and employment misfortunes.
• Undoubtedly, the Center needs to work at the same time in close show with the managing an account controller and the loan specialists themselves to structure proper systems to empower the execution of the turnaround arranges, including determination of the focused on resources.
• The stipulation of a three-year time constrain for the execution of the turnaround is likewise huge as Indian loan specialists need to meet Basel III capital controls by March 31, 2019.
• There is subsequently little time to lose, and the legislature and the banks have their work slice out if India is to keep away from the ghost of powerless banks having minimal motivator to loan, and monetary action influenced for need of credit. 

Category: ENVIRONMENT AND ECOLOGY
1. Uttarakhand govt to ensure safety of Corbett park wildlife   

Key Points

• Worries over Kandi extend that is set to go through stop
• The Uttarakhand government has said that it will guarantee that natural life at the Corbett National Park is not hurt with the development of the Kandi street which goes through it.
• The Kandi street extend which will go through the national stop will decrease the separation amongst Garhwal and Kumaon by around 70 km.

Individuals’ accommodation

• “The administration is attempting to discover an answer for the Kandi street extend issue by which the security of untamed life is guaranteed while remembering the accommodation of individuals,” Uttarakhand Forest Minister Harak Singh Rawat said.
• In the wake of untamed life activists presenting an appeal to the State government to stop the street extend, he said the venture will be finished remembering all angles.
• With the development of the Kandi street, the course from Kotdwar in Pauri Garhwal to Ramnagar in Kumaon will be abbreviated from the present 162 km to around 90 km.
• The Supreme Court had requested the Public Works Department of the Uttarakhand government to set up another arrangement of the venture.
• “We will show the new proposition in the court soon,” he included.

2. Biodiesel body calls for lower state taxes

Category: SCIENCE AND TECHNOLOGY
1. Google to bring artificial intelligence into daily life

Question 1: Corbett National Park is in which state?

Question 2: Consider the statements  with reference to Dhruv helicopter:

Question 3: Who is the Chairman of Financial Stability and Development Council?

Question 4: Consider the following statements about National Policy on Biofuels:

Question 5: UDAY scheme is often in news. This is with reference to which 
of the following?