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The Hindu PDF 11 December 2023 Analysis


The Hindu PDF 11 December 2023 Newspaper is considered an important source of news and information for UPSC (Union Public Service Commission) aspirants in India. This The Hindu Epaper PDF newspaper covers a wide range of topics that are relevant to the UPSC exam, including politics, economics, international relations, governance, and social issues.

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The Hindu Epaper Analysis 11 December 2023 for UPSC

Key COP document calls for progress in adapting to climate change by 2030: Page 1

  • All countries must have a detailed plan for adapting to climate change by 2025.
  • Progress in implementing the adaptation plan must be demonstrated by 2030.
  • The draft is part of the agreement expected to conclude at the COP-28 climate summit in Dubai.
  • The focus at COP talks is on both “mitigation” and “adaptation” processes.
  • “Adaptation” involves country-specific actions like building flood defenses, early warning systems, and policy redesign.
  • Global Goal on Adaptation (GGA) was established at COP-21 in Paris for a common adaptation framework.
  • Eight workshops post-COP in Sharm el-Sheikh proposed targets to measure adaptability to climate change.
  • Adaptation may require trillions of dollars from developed countries to aid vulnerable ones, but insufficient funds have been allocated.
  • The latest draft of the adaptation document is criticized for lacking clearly defined targets, a framework, indicators, and outcome targets.
  • Dr. Anand Patwardhan, a climate policy expert, finds the latest version disappointing, citing its general exhortations and lack of specifics.

Vishnu Deo Sai chosen as new Chhattisgarh CM: Page 1

  • Vishnu Deo Sai chosen as the new Chief Minister of Chhattisgarh by the Bharatiya Janata Party.
  • He is a tribal leader and a BJP veteran, making him the first tribal leader to hold the post in Chhattisgarh’s history.
  • Sai, elected from the reserved constituency of Kunkuri, was unanimously selected as the Legislature Party leader at a meeting in Raipur.
  • The new Cabinet will have two Deputy Chief Ministers, and Raman Singh, a three-time former Chief Minister, will be the Speaker.
  • Sai’s priorities include fulfilling poll promises labeled “Modi ki Guarantee,” with a focus on building 18 lakh homes for the poor.
  • The swearing-in ceremony is expected to take place later in the week.
  • Sai expressed gratitude to the MLAs, pledged to work with honesty, and emphasized fulfilling Modi’s guarantees.
  • Former Chief Minister Raman Singh confirmed that two Deputy Chief Ministers had been decided, with speculation about Arun Sao and Vijay Sharma being shortlisted.
  • Sai’s name was proposed by former CM Raman Singh and supported by Arun Sao and Brijmohan Agrawal.
  • BJP workers gathered at the party’s State headquarters in Raipur, raising slogans in support of PM Narendra Modi and the newly appointed CM.

Calibrating a strategy for India’s future growth: Page 8

  • India’s growth projected at 7% by RBI, 6.3% by IMF and World Bank for 2023-24.
  • Movement towards deglobalization amid geopolitical conflicts may impact supply chains.
  • India needs to recalibrate growth strategy due to changing global conditions.
  • Former export-led growth strategy may not be viable; focus on domestic growth drivers.
  • Domestic savings crucial for sustaining 7% plus real growth; nominal saving rate at 29% in 2022-23.
  • Concerns about the fall in household sector’s savings in financial assets.
  • India must rely more on domestic growth; investible resources needed for 7% growth.
  • Unique employment challenge with a large potentially employable population amid labor-saving innovations.
  • Need for increased allocation of resources for training and skilling India’s working age population.
  • Commitment to reduce carbon emissions; emphasis on service sector growth.
  • Adhering to fiscal responsibility targets critical for sustaining growth; aim for 6% fiscal deficit and 60% debt to GDP ratios.
  • Feasible growth rate of 6.5% in the next two years, focus on raising savings and investment rates for 7-7.5% growth.

Falling behind: Page 8

  • MPC holds benchmark interest rates steady despite raising GDP growth forecast.
  • Flags food price shocks-induced volatility in inflation as a concern.
  • Decision to keep repo rate unchanged for the fifth straight meeting raises risk of falling behind on anchoring inflation expectations.
  • Retail inflation has moderated, but MPC anticipates acceleration in November and December.
  • Added risks to outlook due to volatility in oil prices and financial markets amid global uncertainty.
  • ‘Households’ Inflation Expectations Survey’ in November shows expectations of faster inflation in the short and medium term.
  • Dissonance in messaging as the MPC upgrades GDP growth projection for fiscal year ending March 2024 to 7%.
  • Growth impulses not dampened by cumulative 250 basis points increase in benchmark interest rate since May 2022.
  • Consumption struggles to gain traction, possibly due to high inflation affecting discretionary spending.
  • November ‘Consumer Confidence Survey’ shows negative sentiments on current and future price conditions.
  • Price stability crucial for reaping benefits of expanding GDP and employment, according to Deputy Governor Michael D. Patra.
  • MPC faces the challenge of balancing inflation concerns with supporting economic growth.

On listing of cases in the Supreme Court: Page 10

  • Two open letters by lawyers Dushyant Dave and Prashant Bhushan raise concerns about irregularities in the listing of cases in the Supreme Court.
  • Dave’s letter to Chief Justice D.Y. Chandrachud highlights cases being moved from one Bench to another, in violation of rules and conventions.
  • Bhushan’s letter to the Supreme Court Registry focuses on the journey of UAPA-related petitions and deviations from normal listing procedures.
  • Rules are silent on the powers of the master of the roster, but the Handbook emphasizes the Chief Justice’s authority in case allocation.
  • Issues raised include the movement of cases between Benches and whether a case can follow a puisne judge when the senior judge is available.
  • Supreme Court has not officially responded to the letters; Supreme Court Bar Association president defends the assignment of cases.
  • The role of the Chief Justice as the master of the roster is emphasized for administrative control over case allocation.

What is the controversy over Germany’s debt brake rule?: Page 10

  • Germany’s constitutional court ruled the reallocation of €60 billion from pandemic funds to a climate fund as unlawful.
  • Chancellor Olaf Scholz’s coalition government breached fiscal deficit limits, violating the debt brake rule of 2009.
  • The debt brake rule sets a cap on government borrowing, restricting the federal government’s fiscal deficit to 0.35% of GDP.
  • The legal challenge involved the opposition CDU and CSU arguing that climate investments should not use emergency exemption meant for COVID-19 relief.
  • Germany’s economy performed well post-2009, registering growth, budget surpluses, and low unemployment.
  • Criticism arose in 2019 due to underinvestment in infrastructure, prompting calls for fiscal measures and leveraging the ECB’s low-interest rates.
  • In 2020, the debt brake rule was suspended for pandemic measures, and its reinstatement in 2021 is uncertain after the Karlsruhe verdict.
  • The verdict’s impact on Germany’s fiscal rectitude and its stance on EU debt and deficit rules remains unclear.

‘Cauvery basin lost nearly 12,850 sq. km of green cover’: Page 12

  • Nearly 12,850 sq. km of natural vegetation lost in the Cauvery basin from 1965 to 2016.
  • Karnataka accounts for three-fourths of the lost cover, while Tamil Nadu’s share is around one-fifth.
  • Natural vegetation cover decreased by around 46% during this period.
  • Reduction in dense vegetation is 35% (6,123 sq. km), and degraded vegetation is 63% (6,727 sq. km).
  • Adverse changes in forest cover observed in areas including Brahmagiri Wildlife Sanctuary, Bandipur National Park, Nagarhole National Park, and Cauvery Wildlife Sanctuary.
  • Bannerghatta National Park’s moist deciduous forest area decreased from 50% in 1973 to 28.5% in 2015 due to anthropogenic pressure.
  • The study was conducted by scientists and researchers at the Indian Institute of Science (IISc), Bengaluru.

Switzerland, Norway Ministers arriving for dialogue on trade: Page 14

  • Trade Ministers from Switzerland and Norway visiting Delhi for trade discussions.
  • Optimism for reaching a trade pact with Nordic countries (EFTA grouping) in the next few months.
  • Negotiations on the Trade and Economic Partnership Agreement (TEPA) and Bilateral Investment Treaty (BIT) ongoing for 15 years.
  • India applying high tariffs on EFTA countries’ exports; issues include reducing trade barriers, mobility of services, and market access.
  • Switzerland and Norway officials visiting follows discussions at COP-28 climate summit and MEA Secretary’s visit to Switzerland and Liechtenstein.
  • Outstanding issues in negotiations include cutting down trade tariffs, mobility of services, and opening market access.
  • India’s skilled trade negotiators stretched thin with ongoing negotiations with the U.K., EU, and Australia.

21.15 lakh applications received under PM Vishwakarma Scheme, says Skill Ministry: Page 14

  • PM Vishwakarma Scheme, launched on September 17, has received over 21 lakh applications in 2.5 months.
  • Aimed at providing skill-upgrade training to artisans and craftspeople.
  • Karnataka leads with 6.28 lakh applications, followed by West Bengal (4.04 lakh).
  • 43% of applications are from tailors, 22% from masons, 9% from carpenters.
  • Also received applications for the trade of armourer, indicating demand for movie costume making.
  • Provides formal training for upgrading traditional skills and financial assistance for 18 trades and crafts.
  • Applications are being vetted at village, district, and state levels; target is to cover six lakh beneficiaries in FY 2023-24.
  • Budget allocated for the scheme from FY 2023-24 to 2027-28 is ₹13,000 crore.

Milei sworn in as Argentina braces for economic reforms: Page 16

  • Javier Milei sworn in as Argentina’s President.
  • Economic reforms and spending cuts expected to address rampant inflation.
  • Milei, a 53-year-old libertarian economist, pledges no “half-measures” in tackling overspending, debt, and currency controls.
  • Thousands gathered outside Congress to support Milei, chanting “freedom!”
  • Diverse set of world leaders present at the event, including Ukraine’s Volodymyr Zelenskyy and Hungary’s Viktor Orban.
  • Milei plans to present his first set of measures to Congress in the coming days.
  • The new cabinet will consist of nine Ministers, a significant reduction from the current 18.

Pinna nobilis: Comeback here: SCIENCE Page II

  • The noble pen shell or pinna nobilis, a large clam, has made a comeback in waters off Croatia.
  • The clam faced extinction due to a deadly pathogen spreading in the Mediterranean around 2016.
  • Numbers of pinna nobilis plummeted across the region, and only around 10 were known to survive in Croatia’s waters.
  • Last year, a diver spotted a group of 20 near the shore in the north of the Istria peninsula, indicating a potential comeback.
  • Biologists collected about 100 young specimens this year, suggesting that they are still reproducing.
  • The clams play an essential ecological role by filtering sea water and supporting other organisms.
  • The reason for the comeback is not yet clear, and further research is being funded by Croatia’s government.

Source: The Hindu Epaper

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