Current Affairs for SSC CGL Exams - 14 JULY 2019
::NATIONAL::
Significant drop in Stone pelting incidents in Kashmir
- According to officials, Stone pelting incidents in Jammu and
Kashmir have come down significantly from a high of over 2,600 in 2016 to
barely a few dozen in the first half of 2019.
- The arrests of miscreants involved in stone pelting incidents also
have come down from over 10,500 to just about a hundred.
- There were 1,412 incidents of stone pelting in 2017 in which 2,838
trouble-makers were arrested and 63 of them were sent to jail.
- In 2018, there were 1,458 incidents of stone pelting in which
3,797 miscreants were arrested and 65 of them were sent to jail, as per the
statistics.
- In the first six months of 2019, there were around 40 incidents of
stone pelting in which about a hundred miscreants were detained, the
official said.
NSCN(IM) opposes move for tribal register
- The Isak-Muivah faction of the National Socialist Council of
Nagaland (NSCN (IM)) has slammed the Nagaland government’s exercise to
implement a Register of Indigenous Inhabitants of Nagaland (RIIN) as a bid
to divide and undermine the inherent rights of the Nagas, besides diluting
the peace process approaching a final settlement.
- The NSCN-IM, the largest and most prominent of the armed Naga
groups that had signed a framework accord with the Centre in August 2015,
also termed the RIIN exercise a conspiracy of the groups that had agreed to
the 16-Point Agreement of 1960.
- That accord, signed between New Delhi and the Naga People’s
Convention on July 26, 1960, paved the way for Nagaland’s statehood on
December 1, 1963. The new State was earlier the Naga Hills-Tuensang area of
Assam.
- The agreement for forming a State “within the Indian Union” and to
be “under the Ministry of External Affairs” followed a prolonged battle for
the independence of Naga-inhabited areas.
::ECONOMY::
Finance Ministry plans to raise borrowings from overseas market
- The government, Finance Minister Nirmala Sitharaman announced in
the Budget speech, plans to raise a portion of its gross borrowing from
overseas markets.The government and the Reserve Bank of India (RBI) will
reportedly finalise the plans for the overseas issue of sovereign bonds by
September.
- A government bond or sovereign bond is a form of debt that the
government undertakes wherein it issues bonds with the promise to pay
periodic interest payments and also repay the entire face value of the bond
on the maturity date. So far, the government has only issued bonds in the
domestic market.
- According to Ms. Sitharaman, India’s sovereign external debt to
GDP ratio is among the lowest around the world, at less than 5%.
- The market estimates that the government will only test the waters
and borrow about $10 billion, which works out to about 10% of its gross
market borrowing.
- The government has been arguing that the quantum of its borrowing
within India is ‘crowding out’ the private sector.
- According to Finance Secretary Subhash Chandra Garg, government
borrowing accounts for about 80-85% of domestic savings. He also said that
the overseas borrowing programme allows the government to maintain its
gradual reduction of the fiscal deficit.
- Had the government listened to some commentators and relaxed its fiscal
deficit to say 4.4%, then this would have allowed it to borrow an additional
Rs.2 lakh crore from the domestic market.
::INTERNATIONAL::
After Taiwan buys US arms, China holds military drills on southeast coast
- China's military recently carried out air and naval drills along
its southeast coast, the Defence Ministry said on Sunday, following the
latest arms sales from the United States to self-ruled Taiwan.
- China's southeast coast is one of the country's most sensitive
regions as it faces Taiwan across the narrow Taiwan Strait. China deems
democratic Taiwan to be a wayward province, to be taken by force if needed.
- China said it would impose sanctions on U.S. firms involved in a
deal to sell $2.2 billion worth of tanks, missiles and related equipment to
Taiwan, saying it harmed China's sovereignty and national security.
- That announcement came as Taiwan President Tsai Ing-wen was
visiting New York on a transit stop to diplomatic allies in the Caribbean, a
trip that has also infuriated Beijing, further straining Sino-U.S. ties
already affected by a bitter trade war.
- President Tsai said Taiwan and the United States can both forge
even closer ties, and also thanked the United States for ”the importance it
attaches to the security of the Taiwan Strait” and the recently announced
arms sale, the statement said.
::SCIENCE & TECHNOLOGY::
Chandrayaan-2 all set for 3.84 lakh km voyage
- Chandrayaan-2, the first Indian moon landing mission, is all set
to head on its 3.84 lakh km voyage to the moon in the wee hours of Monday,
July 15.
- The Indian Space Research Organisation (ISRO) has scheduled the
launch of its lunar probe, by a GSLV MkIII rocket, from the country’s
Sriharikota spaceport for 2.51 a.m. And the countdown is set to begin at
6.51 a.m. on Sunday.
- A sequel to Chandrayaan-1, which was launched in 2008 and only
orbited the moon at a distance of 100 km, Chandrayaan-2 entails the first
attempt by any nation to make a landing on the moon’s mineral rich south
pole.
- The mission is to put a lander and a robotic, solar-powered rover
with six wheels on the lunar terrain on September 6 for a brief on-site
exploration.
- Spacecraft has been integrated with the GSLV MkIII launch vehicle
early July. During the journey, the lander rides on the parent spacecraft
and the smaller rover nestles inside the lander. The entire assembly weighs
about 3,840 kg, according to ISRO.
- The combined entity is programmed to function autonomously through
the course of the mission.
- The rover would be launched from the lander after about four hours
and would roam the terrain for about 500 m over the next 14 earth days — or
one day on the moon.
- ISRO’s new 5,000-seater launch viewing gallery is expected to be
packed with late-night onlookers. President Ram Nath Kovind is scheduled to
visit the centre to witness the launch.
::SPORTS::
Vinesh Phogat wins gold at Yasar Dogu International
- Vinesh Phogat won her second consecutive gold in 53kg, winning the
Yasar Dogu International with a commanding victory over Russia’s Ekaterina
Poleshchuk.
- The top Indian woman wrestler, who stood atop the podium at Grand
Prix of Spain last week, beat her Russian opponent 9-5 in the final of the
UWW ranking series tournament.
- Vinesh’s was third gold in the women’s competition for India after
Seema (50kg) and Manju (59kg) triumphed in their respective categories.