28th June 2018- The Hindu Editorial Complete Analysis

Table of Contents

RBI report warns that the worst on NPAs may

 be yet to come. Urgent changes are needed The financial stability report released by the Reserve Bank of India has warned that the gross non-performing assets (GNPAs) of scheduled commercial banks in the country could rise from 11.6% in March 2018 to 12.2% in March 2019, which would be the highest level of bad debt in almost two decades
 Affected the banking system and impeded(विलंब) credit growth in the economy.
 RBI has warned about the rising external risks that pose a significant threat to the
economy and to the banks.
 The tightening of monetary policy by the United States Federal Reserve and increased
borrowing by the U.S. government have already caused credit to flow out of emerging
markets such as India.
 The increase in commodity prices is another risk could pose a significant threat to the rupee
 All these factors could well combine to increase the risk of an
 Economic slowdown and
 Exert pressure on the entire banking system.
 A major highlight of the report is the central bank’s finding that public sector banks
(PSBs) are far more prone to fraud than their private sector counterparts.
 This is significant in light of the huge scam unearthed at a Punjab National Bank branch
earlier this year.
 The RBI notes that more than 85% of frauds could be linked to PSBs, even though their share
of overall credit is only about 65%.
 RBI Deputy Governor Viral Acharya has noted- governance reforms at PSBs, if implemented,
can help improve their financial performance and also reduce their operational risks.
 RBI expects the government’s recapitalisation plan for banks and the implementation
of the Insolvency and Bankruptcy Code to improve the capital position of banks.
 But unless the government can gather the courage to make drastic changes to aspects of
operational autonomy and the ownership of PSBs, future crises will be hard to prevent.

Caution against shaming

 The Kerala High Court’s judgment on obscenity(बेहूदापन) will have monumental implications
 Breastfeeding woman on the cover of Grihalakshmi, a leading women’s magazine in Malayalam- March this year
 Kerala High Court – Dismissing a writ petition claiming that the image was obscene(गंदा), insulting to women and in violation of child rights, the judges explicitly stated that
these claims were unfounded.
 Many battles were fought in Malayali society of the early tw entieth century over the exposure of the upper body.
 Women in Kerala did breastfeed openly for the larger part of the twentieth century
 Hadiya case, in which these were confused, and a young woman’s self-chosen marriage was annulled by HC.

Ujjwala revolution

 Last month, the Pradhan Mantri Ujjwala Yojana (PMUY) completed two years of operation
 1 st May 2016 start from and implemented by-Q- ?
 During this time the number of LPG connections has crossed 4 crore, and LPG penetration in India has risen from 56% in 2014 to 80%.
 CCEA had approved to enhance target base of PMUY from 5 crore to 8 crore
 Revised target of PMUY will be achieved by 2020 with an additional allocation of Rs. 4,800 crore
 Tagline of Swachh Indhan, Behtar Jeevan.

Encouraging mediation to settle disputes

 The deliberations(विचार-विमर्श) at the UN Commission on International Trade Law will
facilitate legal reform to ease dispute resolution
 Beginning this week, India will participate in deliberations at the United Nations Commission
on International Trade Law (UNCITRAL) in New York on an important issue concerning
resolution of commercial disputes
 Commercial disputes are resolved not only through courts and arbitration but also
through mediation.
 An important draft- Several concerns make this draft important for India and its businesses.
 Mandatory pre litigation mediation has been introduced in commercial disputes.
 mediation process involvingMcross-border disputes
 Mediated settlement agreements typically don’t need court assistance for enforcement
since the terms of settlement have been chosen and determined by the parties.
 One hundred and seventy-four countries recognise mediation and conciliation as a
method of resolving disputes, and as an alternative to going to courts
 The convention is opportune and will facilitate legal reform to ease dispute resolution.

Prelims Focus Facts-News Analysis

 Page-1-Trouble brewing in Bihar alliance
 Bharatiya Janata Party(BJP)
 Janata Dal (United)-JD(U)
 Lok Janshakti Party (LJP)
 Page-1-‘Nofly list has cut down unruly flyers’
 Jayant Sinha cites incidents on aircraft
 Incidents involving unruly passengers have seen a dramatic drop ever since the
government announced rules for a national no-fly list, according to Minister of State for Civil Aviation Jayant Sinha
 Page-1- U.S. postpones 2+2 dialogue with India
 U.S. Secretary of State Pompeo spoke to External Affairs Minister Sushma Swaraj a short while ago to express his regret and deep disappointment at the U.S. having to postpone the 2+2 Dialogue for unavoidable reasons,

Last Day- Q’s- Answers…

 Amazon Forest is Lungs of Earth – Mostly 20% of Carbon dioxide of World Absorbed and
Release Oxygen
 Chipko Movement started in 1973 in Uttarakhand by Sunderlal Bahgunah.
 Body Water depends on your weight, age, gender, body fat and more, but generally 50-70%
 Assomption island Seychelles in Indian Ocean
 42 CA in 1976 Mini Constitution of Great India.