Hindu Notes from General Studies-02

 ‘Panchayat certificate no longer proof of citizenship’

News:

• The Supreme Court held that a certificate issued by the Gram Panchayat secretary or the executive magistrate by itself was “no proof of citizenship” unless it established the legacy linkages with a person who was an Indian citizen.

Beyond News:

• The top court said the certificates issued by the Gram Panchayat secretary merely acknowledged shifting of residence of a married woman from one village to another.
• The Bench said that,such proof will come only if the link between the claimant and the legacy person [who has to be a citizen] is established.
• The Court set aside the Gauhati High Court order, which made such certificates invalid, and allowed the appeals against the order to a limited extent.

China, India vow to protect globalization

News:

• Top economic planners of India and China set the goal of leading a new wave of globalisation by synchronizing their emerging economies.

Beyond News:

• They agreed that the two countries must work together to rescue globalisation from neo-protectionist tendencies in the U.S., Europe or anywhere else in the world.
• An open, liberal and rule-based globalisation, wherein India and China could play a defining role, was necessary for prosperity and global political stability.
• It underscored the urgency of India-China partnership because of rising protectionism.
• Chinese investment in manufacturing could generate large-scale employment in India.

Besides, India could benefit from Chinese experience gained from innovation-based “fourth industrial revolution” that focussed on advanced robotics, artificial intelligence, electric vehicles and internet-of-things. India could learn from China’s rich experience in developing infrastructure.

UAE set to open more consular offices in India

News:
The United Arab Emirates will open several consular centres in India.

Beyond News:

• Ambassador of the Gulf nation reaffirmed his government’s intention to revitalise the the country’s infrastructure with $75 billion investment from its sovereign wealth fund.
• Apart from renewed focus on diplomatic and consular contacts, the envoy said that his country stands with India on counter-terror cooperation firmed up with the visit of Prime Minister Narendra Modi to UAE in August 2015.
• The envoy also informed that UAE has put in place a mechanism to oversee an investment of $75 billion from its sovereign wealth fund into the Indian economy over the next decade.

$1 billion has already been invested in India.

• The fund will be utilised for infrastructure projects in India. The UAE sovereign wealth fund known as Abu Dhabi Investment Authority (ADIA) has been a major subject that both sides have been trying to harness.

Hindu Notes from General Studies-03

Rs. 8,450 crore package to boost exports

News

• The government announced incentives worth Rs. 8,450 crore to boost exports of goods and services mainly from labour-intensive segments and the Micro, Small and Medium Enterprises  and to increase employment generation and value-addition.

Beyond News

• The incentives were announced as part of the mid-term review of the Foreign Trade Policy (FTP).
• The move comes at a time when India’s shipments shrank in October the first after 14 consecutive months of positive growth  due to the impact of the Goods and Services Tax (GST).
• The FTP for the period 2015-2020 had set an ambitious target of $900 billion for India’s exports of goods and services by 2019-20.

 It also aimed to raise India’s share in world exports from 2% to 3.5%.

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