Newspaper Must Read Articles of The Day– 18 September 2015

The Hindu

National

• Ashoka stupa restored in China – A 2,000-year-old lost stupa, one of 19 built with Lord Buddha’s relics sent by Emperor Ashoka to China, has been restored with religious rites by an Indian monk in the remote Tibetan town Qinghai province.

• Geo-tagging to ensure better land management– To ensure better and scientific management of land issues, Andhra Pradesh government has decided to geo-tag every piece of land in the State. The move would help in better land management and crop management.

International

• Fed leaves key interest rates unchanged, citing low inflation – Weak global economy, persistently low inflation and unstable financial markets prompted Federal Reserve in keeping U.S. interest rates at record low.

• Sri Lanka resolution in UNHRC likely by Sept. 25– Sri Lankan Foreign Minister Mangala Samaraweera said the Sirisena government would work with the international community to ensure accountability and reconciliation in Colombo on Thursday. A “consensus resolution” on Sri Lanka may come up during the ongoing session of the United Nations Human Rights Council (UNHRC) by September 24 or 25

Business

• Sustained low inflation necessary for lower cost of funds: RBI – Low inflation sustained for long term brings down the cost of funding. Central and state governments also play an important role in determining the cost of fund as the Centre and States combined together are the largest borrowers in world over. The higher the cost of restructuring, the higher the cost of debt workout, the more it builds in the cost of capital from the side of the lender(govt.).

• Public debt rises 3.5 % in April-June quarter– The Government’s total debt increased by 3.5 per cent in the April-June period of current fiscal compared to the preceding quarter.

• ‘CAD to be about 1.5 % of GDP this fiscal’– Expectation are that the Current Account Deficit (CAD) to be about 1.5 per cent of GDP in the current fiscal.

Opinion-Editorial

• No country for the ill – In the recent wake of children suffering from dengue being turned away from hospitals shows a behavioral problem with healthcare system in country. It looks into court directive which made right to health a fundamental right under Article 21 of Indian Constitution as well as inefficiency of civic bodies in dealing with such problems.

• Mayors stumble on Smart City mission – The article looks into how the new urban programs of Central Government take back the control of cities from state and empower Mayor and Municipal Commissioners to implement it, for easy funding and minimising bureaucratic delay. The article looks into implication and challenges of this overwhelming shift.

Indian Express

Editorials & Columns

• Immunity is not impunity – The article looks into history of diplomatic immunity in the wake of recent accusation of rape on Saudi diplomat.

• Small banks, big change – The article looks into the benefits of Small Banks and their role in normalising high interest rate in unorganised sector funding.

• Spectre of a rift – The article divulges into the interest of Indian citizen being contravened, whose livelihood is dependent on West Asia by the recent decision of Ministry of Home Affairs (MHA) to not let Shia organisations to travel to Iran to fight against Islamic State.

LiveMint

• Starting up and letting go – The article looks into the sale of enterprises by budding entrepreneurs due to non viable exit mechanism in India when they face distress situation.

• Securing a sustainable future – The article looks into how climate changes can reverse the development that has taken place through Millennium Development Goals (MDG) and also can act as roadblock for proposed Sustainable Development Goals (SDG) from next year.