2nd June 2018- The Hindu Editorial Complete Analysis

Table of Contents

Populists in Rome- Finally, Italy has a government

 Coalition with a slim parliamentary majority.
 New government will now have to win a confidence vote next week.
 Anti European Union demands such as leaving the single currency.
 Road ahead for Italy is far from clear.
 According to official EU surveys, although 59% of Italians favor the euro
 Italy‟s government debt is at 132% of GDP
 France and Germany were running Italy
 France and Germany, could work with Italy to address economic

Mixed growth signals

 Q4 GDP growth is up, but with inflation risks.
 RBI will have to take a call on raising rates
 Official data showing the GDP expanding at the fastest pace in 3 months ended March 31
 Increases in manufacturing and construction activity is a basis for optimism
 Latest survey India Manufacturing Purchasing Manager‟s Index shows manufacturing
activity expanded at a weaker pace in May from the previous month
 Both a creator of direct and indirect jobs- Demonetisation-hit year-earlier period
 Agriculture, forestry and fishing continued an accelerating trend
 Monsoon pans out as forecast, we could see a more broad-based revival in rural demand
 India‟s exporters who are yet to capitalise on the rupee weakness, policymakers will
need to eschew populism and stick to policy prudence if the tenuous momentum is to be sustained.

The democracy project in Bangladesh

 Awami League government‟s success in turning around the economy and health
care must not be overlooked.
 Bangladesh, Lebanon, Mozambique, Nicaragua and Uganda are the “new”
autocracies, according to Germany‟s Bertelsmann Foundation.
 In its “Transformation Index 2018 (BTI)”, it has rated 58 out of 129 developing
nations as autocracies.
 On Bangladesh, the report says, “Due to the worsened quality of elections, the formerly fifth largest democracy is classified as an autocracy again.
 These developments are worrying for citizens because
 Corruption,
 Social exclusion and
 Barriers to fair economic competition – More prevalent in autocracies.”

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 Ruling Awami League Party has rejected study as baseless and claimed the country
to be a “100 percent democracy”.
 Main opposition Bangladesh Nationalist Party (BNP), has said the report reflects
the true nature of Bangladesh‟s current political climate.
 Since the restoration of democracy after the fall of the H.M. Ershadled military ju
nta in 1990, Bangladesh has witnessed a change of government every five years.
 The polls were held under a neutral caretaker administration until the Awami League came to power in December 2008 and scrapped the system using its decisive majority in Parliament.
 This was necessary because the military backed caretaker administration.
 Military-backed caretaker also tried to finish the political career of Bangladesh‟s
two top politicians, Sheikh Hasina and Khaleda Zia.

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 The last eight years of Awami League rule have proved these self proclaimed pundits wrong
 Bangladesh has achieved
 Phenomenal economic growth
 Bangladesh’s counter-terrorism effort
 Inclusive social and human development in areas such as
• Gender empowerment and
• Public health care.
 India has a huge stake in having a friendly regime in Dhaka for
 Strategic
 Economic reasons.
 West use that to misrepresent or subvert(पलट देिा) these national sovereign-ties

Prelims Focus Facts-News Analysis

 Page-1- Cong., JD(S) join hands for 2019 poll
 Karnataka portfolio row resolved

Prelims Focus Facts-News Analysis

 Page-1- Citizenship Bill may have to wait for House nod
 The Citizenship (Amendment) Bill, 2016, is unlikely to be tabled in the monsoon
session of Parliament as the Joint Parliamentary Committee (JPC) that is examining the legislation intends to have wider consultations.

Prelims Focus Facts-News Analysis

 Page-1- PM affirms India‟s „strategic autonomy‟
 India‟s principle of “strategic autonomy” remains strong, Prime Minister Narendra Modi said,
drawing an equivalence in ties with Russia, the U.S. and China and cautioning against
a “return to the age of great power rivalries,” at a conference in Singapore.