The Hindu Newspaper Analysis 8th September 2022

The Hindu Newspaper Analysis of 8th Sep, 2022 by StudyIQ. The Hindu Newspaper Analysis Today PDF covering all major news of The Hindu Newspaper on daily basis. The Hindu Newspaper Analysis for UPSC

The Hindu Newspaper Analysis for UPSC

Allocates ₹1 cr. to set up factory in Patna, train women under its Rural Livelihoods Promotion Programme, JEEVIKA.
The Bihar government has decided to set up factories to make glass bangles out of seized liquor bottles through its Rural Livelihoods Promotion Programme, JEEVIKA.
Ever since prohibition was imposed in the State on April 5, 2016, lakhs of liquor bottles have been seized every month by the police or Excise Department officials and crushed using earth movers and excavators.
Funded by the World Bank, JEEVIKA is a rural social and economic empowerment programme that comes under the Rural Development Department.

The Governor of the Reserve Bank of India reportedly stated that the inflation rate would be brought to its target level of 4% within 24 months. It had been above this level for 34 consecutive months already.
The approach to inflation currently favoured in Anglo-American economics is the result of an evolution lasting close to a century.
M. Keynes of The General Theory of Employment, Interest and Money. It provided the insight that at times, capitalist economies would require “the socialisation of investment”, by which he meant that the state would have to shoulder the burden of maintaining demand in the economy through its fiscal policy.
Accordingly, public policy should not target unemployment, attempting which could destabilise the economy, and focus on inflation alone. And, inflation was solely a function of money supply growth which must always be controlled.

For the first time in years, the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has submitted a petition which proposes an annual increase of tariff by 6%.
Reeling under the weight of mounting debts and long-pending payments to generators, this was a long anticipated step.
One of the reasons for TANGEDCO’s poor financial health is that tariffs have not been revised on an annual basis, thereby resulting in a gap between average revenue requirement and average cost of supply.
TANGEDCO is planning to meet 87% of the expected increase in power demand from thermal power plants and only 13% from renewables.

Beyond signing cheques, corporates are recognising that what’s good for society is good for business
In any such social effort, programme expenses attract the big cheques — especially when they come from corporate social responsibility (CSR) initiatives in India.
In India, the concept of CSR is governed by clause 135 of the Companies Act, 2013.
- India is the first country in the world to mandate CSR spending along with a framework to identify potential CSR activities.
The CSR provisions within the Act is applicable to companies with an annual turnover of 1,000 crore and more, or a net worth of Rs. 500 crore and more, or a net profit of Rs. 5 crore and more.
- The Act requires companies to set up a CSR committee which shall recommend a Corporate Social Responsibility Policy to the Board of Directors and also monitor the same from time to time.
The Act encourages companies to spend 2% of their average net profit in the previous three years on CSR activities.

If India is to become a defence power, then an Indo-U.S. military collaboration in every field is necessary.
Every country worth its weight in salt is working on the military aspects of space. France conducted its first space military exercise, ASTERX, in 2021.
China is marching ahead to the Cis-Lunar space (region beyond the geosynchronous orbit) with an ambition to establish a permanent presence on the Moon by 2024.

The Union Cabinet on Wednesday approved the ‘PM Schools for Rising India’ (PM SHRI) scheme to turn existing government schools into model schools for implementation of the National Education Policy, 2022.
The scheme will be implemented as a Centrally sponsored scheme with a total project cost of ₹27,360 crore, with the Centre’s share being ₹18,128 crore for the period of five years from 2022-23 to 2026-27 for transforming nearly 14,500 schools across the country.
However, schools will be selected only if the State government agrees to implement the NEP “in entirety with the Centre laying down commitments for supporting these schools for achieving specified quality parameters” to become PM SHRI schools, according to a press statement of the Ministry of Education.

India believes in ‘positive secularism’ based on tolerance of all religious faiths and not ‘negative secularism’ followed in countries like France.
South African judgment which said that display of religious and cultural practices in educational institutions should treated as a “pageant of diversity”.
One, to protect public order, morality and health.
Two, to protect another fundamental right.
Three, if such a restriction is authorised by a law made to regulate or restrict any economic, financial, political or secular activity which may be associated with religious practice or to provide for social welfare and reform”.

WHO to prevent non-communicable diseases — Diseases

The member countries of the World Health Organization (WHO) South-East Asia Region on Wednesday resolved to accelerate progress for the prevention and control of non-communicable diseases, including oral and eye afflictions.
Non-communicable diseases, including cardiovascular diseases, cancers, chronic respiratory disease and diabetes, account for almost two-thirds of all deaths in the region.
Nearly half these deaths occur prematurely between the ages of 30 and 69 in 2021.

Legal Metrology (Packaged Commodities) Rules

The Department of Consumer Affairs, Legal Metrology Division has notified a draft amendment to the Legal Metrology (Packaged Commodities) Rules 2011.
The Department of Consumer Affairs has suggested that at least two prime components should be declared on the package’s front side along with the brand name.
Currently, manufacturers list the ingredients and nutritional information on the back of the packaging.
For example, if a brand sells aloe vera moisturiser or almond milk/biscuits, then the maximum percentage of the product should be aloe vera and almond, otherwise, the product name is misleading.