Newspaper analysis from The Hindu bearing
relevance to Civil Services preparation
Front Page/National
Ranil to return as Prime Minister: United National Party = Ranil Wickremesinghe. United People’s Freedom Alliance = Mahendra Rajapaksha (former President of Sri Lanka). The issue? Rajapaksa was instrumental in ending of LTTE. He is also accused of human rights violation in Jaffna during the process. The end of LTTE made him popular. He then became (or began to be perceived as) a bit authoritarian, because he amended the Constitution so that he could contest elections a third time. India’s Official position: We are neutral to whoever is in power. India’s real stand: We are not cool with Mahendra Rajapaksa because he is pro-China. He must go. And so he went. Rajapaksha does and will accuse India of putting together the big alliance of opposition leaders including Tamil National Alliance to oust him.
The Sprouting of the Look West Policy: Prime Minister Narendra Modi’s visit to the United Arab Emirates (UAE) this week has the potential to be remembered like Prime Minister P.V. Narasimha Rao’s visit to Singapore in September 1994. Through his famous Singapore Lecture, Narasimha Rao unveiled India’s “Look East” Policy. Through the joint statement that he signed with UAE’s leadership, Mr. Modi has unveiled India’s “Look West” Policy. The writer of this article is the author of the infamous book – “The accidental Prime Minister” based on the rise of ……. guess who?
Healthy mandate in Sri Lanka: An account of what is happening in Sri Lanka and what has already transpired. Read it so that it becomes easier to understand the things happening there.
Regulate but let them ride: A logical editorial article that seeks continuance of app-based taxi aggregators but calls for regulating them.
Economy
After Fitch, Moody’s too lowers India’s growth forecast : “We have revised our GDP growth forecast down to around 7 per cent, in light of a drier than average monsoon although rainfall was not as low as feared at the start of the season,” Moody’s Investors Service has said in its Global Macro Outlook for 2015-16.
Country set for a Start-Up revolution: India Aspiration Fund is intended to play a vital role in this financial ecosystem, the Finance Minister has stated. This Fund is expected to catalyse tens of thousands of crore of equity investment in start-ups and MSMEs, creating employment for lakhs of persons, mostly educated youth, over the next 4-5 years.
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