NEWS PAPER ANALYSIS WITH EDITORIAL THE HINDU AND ECONOMICS TIMES 23RD AUGUST 201

• NEWS PAPER ANALYSIS  WITH EDITORIAL
  THE HINDU AND ECONOMICS TIMES 23^RD AUGUST 2019
  QUESTIONS FOR YOU

1. WHICH COUNTRY WILL REWARD THE “ORDER OF JEYED” THE HIGHEST CIVILIAN DECORATION TO INDIAN PRIME MINISTER?
2. THE NAME OF THE TEMPLE PM IS GOING TO WITNESS THE DEVELOPMENT IN BAHRAIN?
3. NAME THE PRESIDENT OF THE FRANCE
4. WHERE THE G 7 IS GOING TO BE HELD?
5. WHICH STATE HAS GIVEN THE FIRST RANK BY NATIONAL HEALTH MISSION?
6. WHICH COUNTRY HAS BEEN  BLACK LISTED BY ASIA PACIFIC GROUP?
7. WHICH COUNTRY HAS IMPOSED TARIFF ON CHINES GOODS AND AT WHAT RATE?

    

• MODI IN FRANCE TO MEET MACRON A HEAD OF G-7 SUMMIT

1. PRIME MINSTER NARENDRA MODI ON THURS DAY ARRIVED IN FIRS LEG OF HIS THREE NATION TOUR DURING WHICH HE WILL HAVE SUMMIT INTERACTION WITH PRESIDENT EMMANUEL MACRON TO FURTHER BOOST THE COMPREHENSIVE BILATERAL STRATEGIC PARTNERSHIP
2. MODI WAS WELCOMED BY THE FRENCH FOREIGN MINISTER JEAN-YVES LE DRIAN AT THE AIRPORT
3. DURING TWO DAYS VISIT ALSO MEET HIS FRENCH COUNTERPART EDUOARD PHILIPPE AND INTERACT WITH INDIAN COMMUNITY
4. DEDICATE A MEMORIAL TO THE INDIAN VICTIMS OF THE TWO AIR INDIA CRASHES IN FRANCE IN 1950 AND 1960
5. FROM FRANCE ,HE WILL TRAVEL TO THE UNITED ARAB EMIRATES ON FRIDAY WHERE HE WOULD RECEIVE THE ORDER OF JEYED” THE HIGHEST CIVILIAN DECORATION BY THE UAE GOVERNMENT
6. MODI IN FRANCE TO MEET MACRON A HEAD OF G-7 SUMMIT
7. HOLD TALKS WITH CROWN PRINCE OF ABU DHABI SHEIKH MOHAMMED BIN JAYED AL NAHYAN
8. THEN VIST BAHRIN WHERE HE WILL HOLD TALKS WITH THE KING SHAIKH HAMAD BIN IS AL KHALIFA AND ALSO WITNESS THE DEVELOPMENT OF THE TEMPLE OF SHREENATHJI-THE OLDEST IN THE GULF REGION

• SUMMARY OF IMPORTANT NEWS
• AFGHAN,PASHTUN FIGHTERS POISED TO ENTER JAMMU AND KASHMIR. INTELLIGENCE HAVE WARNED THAT PAKISTAN IS RECRUITIG AFGHAN AND PASTUN FIGHTERS FOR IN FLIRTATION INTO KASHMIR AND OVER 100 OF THEM ARE POSITIONED AT VARIOUS LAUNCH PAD ALONG WITH THE LOC CONTROL
•  A DELHI COURT ON THURSDAY REMANDED SENIOR CONGRESS LEADER AND FORMER FINANCE MINISTER P CHIDAMBRARAM TO CBI’S CUSTODY FOR FIVE DAYS INTERROGATION
• THE NATIONAL HEALTH MISSION HAS GIVEN FIRST RANK TO RAJASTHAN AMONG 16 STATES IN THE IMPLEMENTATION OF THE ITS FLAGSHIP FREE MEDICINE SCHEME. THE PERFORMANCE OF THE SATE WAS ASSESSED ON THE BASIS OF PARAMETERS SUCH AS STOCK OF DRUGS,VALUE OF DRUGS AND VACCINE DISTRIBUTION SYSTEM, CHIEF MINISTER ASHOK GEHLOT HAS LAUNCHED THE SCHEME ON 2/10/2011 FOR PROVIDING FREE DRUGS TO PATIENTS COMING TO PUBLIC HEALTH FACILITIES. REDUCING THE EXPENDITURE ON TREATMENT OF CANCER.HEART AND KIDNEY RELATED DISEASES.
• PLEA IN SC CHALLENGES TRIPLE TALAQ LAW

1. THE JAMIAT ULAMA-I –HIND HAS MOVED THE E SUPREME COURT AGAINST THE CENTER SAYING TRIPLE TALAQ HAS BEEN MADE A NON BAILABLE OFFENCE BY WHICH MUSLIM MEN CAN BE IMPRISONED FOR THREE YEARS EVEN AS DESERTION OF A WIFE BY HUSBAND IS NOT EVEN CONSIDERED AN OFFENCE IN INDIA. AT BEST DESERTION IS GROUND FOR DIVORCE
2. THE PETITION SAID THE THREE YEAR IMPRISONMENT PRESCRIBED UNDER THE NEW MUSLIM WOMEN ( PROTECTION OF RIGHT ON MARRIAGES ) ACT OF 2019 IS BOTH DISPROPORTIONS AND EXCESSIVE.
3. THE ORGANIZATION OF ISLAMIC SCHOLAR BELONGING TO THE DEOBANDI SCHOOL WHICH CAME INTO EXISTENCE ON 1919.
4. MAKING THE PRONOUNCEMENT OF INSTANT TRIPLE TALAK NON BAILABLE OFFENCE IS BOTH EXCESSIVE AND WARRANTED
5. DECLARATION OF TRIPLE TALAQ IS AN OFFENCE GRAVER THAN CRIMES SUCH AS RIOTING,KIDNAPPING,DEATH BY NEGLIGENCE,BRIBERY,CONCEALMENT OF BIRTH BY SECRET DISPOSAL OF THE BODY
6. THREE YEARS PUNISHMENT FOR MUSLIM HUSBAND REBELLED AGAINST THE VERY NOTION OF JUST DESERTS WHICH REQUIRES THAT A SENTENCE BEING IMPOSED MUST BE PROPORTIONATE TO THE OFFENDER’S CULPABILITY IS APPLICABLE TO CRIMINAL JURISPRUDENCE.

• FATF ( FINANCIAL  ACTION TASK FORCE) ASIA-PACIFIC GROUP MAY BLACKLIST PAKISTAN

1. THE ASIA –PACIFIC GROUP MEETING AT CANBERRA AT AUSTRALIA EVALUATED PAKISTAN’S EFFORTS IN THE LAST FIVE YEARS IN BUILDING SAFEGUARD TO CURB MONEY LAUNDERING AND COUNTER TERROR FINANCING
2. PAKISTAN FAILED 32 TO 40 PARAMETERS WITH REGARD TO ITS LEGAL AND FINANCIAL SYSTEM
3. IF PAKISTAN STAYS ON THE ASIA PACIFIC GROUP GREY LIST OR IS BLACKLIST NOT ONLY A FINANCIAL DOWNGRADE AND RESTRICTION ON ITS MARKET BUT ALSO WILL HAVE DIFFICULT TIME IN MANAGING CAPITAL INFLOWS FROM IMF AND OTHER INTERNATIONAL AGENCIES.

• WHAT IS ASIA/PACIFIC GROUP ON MONEY LAUNDERING

1. IS THE FATF-STYLE REGIONAL BODY FOR THE ASIA –PACIFIC REGION
2. INTER GOVERNMENTAL ORGANIZATION FOUNDED IN 1997 IN BANKOK,THAILAND
3. THE APG CONSISTS OF 41 MEMBER JURISDICTION
4. UNDER THE APG’S TERMS OF REFERENCE ( UPDATED 2012) MEMBERSHIP IS AVAILABLE FOR JURISDICTION WITH PRESENCE IN THE ASIA AND PACIFIC REGION WHO COMMIT TO THE POLICY OBJECTIVES OF THE ORGANIZATION INCLUDING UNDERGOING A MUTUAL EVALUATION ( PEER REVIEW) TO DETERMINE THE LEVEL OF COMPLIANCE OF THE MEMBERS WITH THE INTERNATIONAL STANDARD AGAINST MONEY LAUNDERING AND TERROR FINANCING.
5. SECRETARIAT : SYDNEY,AUSTRALIA

• WHAT IS MONEY LAUNDERING

1. MONEY LAUNDERING IS THE PROCESS OF MAKING LARGE AMOUNT OF MONEY GENERATED BY A CRIMINAL ACTIVITY SUCH AS DRUG TRAFFICKING OR TERRORIST FUNDING APPERED TO HAVE COME FROM LEGITIMATE SOURCE
2. THE MONEY FROM THE CRIMINAL ACTIVITY IS CONSIDERED DIRTY AND THEN PROCESS LAUNDERES IT TO MAKE LOOK CLEAN
3. MONEY LAUNDERING IS ITSELF IS A CRIME
4. CRIMINALS USE A WIDE VARIETY OF MONEY LAUNDERING TECHNIQUES TO LOOK ILLEGALLY OBTAINED FUNDS APPEAR CLEAN

• EDITORIAL
  INTERNAL AFFAIRS

1. EXTERNAL AFFAIRS MINISTERS S JAISHANKAR’S STATEMENT IN DHAKA ON TUES DAY THAT SOON TO BE PUBLISHED NATIONAL REGISTER OF CITIZEN ( NRC) IN ASSAM IS INDIA ‘S INTERNAL MATTER LEST BANGLADESH OFF THE HOOK AS FAR AS POSSIBLE RETURN OF THOSE WHO DO NOT FIND THEIR NAMES IN NRC IS CONCERNED.
2. THE SUPREME COURT HAS REPEATEDLY ASKED THE CENTER TO ASCERTAIN FROM BANGLADESH WHETHER IT WOULD ACCEPT THOSE PERSONS WHO MIGHT BE DECLARED FOREIGNERS
3. BY STATING THAT THE NRC IS INTERNAL MATTER,CONCEDED TO BANGLADESH A POINT THAT DHAKA HAS REPEATEDLY MADE THAT 40 LACS ODD PEOPLE WHO DON'T FIGURE IN THE DRAFT NRC ARE NOT ITS CITIZEN AND IT IS NOT RESPONSIBLE FOR IT
4. THE BJP HAS LONG PROMISED THAT IT WILL DEPORT ALL ILLEGALLY RESIDENT BANGLADESHIS FROM ASSAM AND THE REST OF INDA BUT IT THIS DOES NO TALLY WITH MR JAISHANKAR TOLD HIS BANGLADESH COUNTERPART
5. THE PARTY HAS SIMULTANEOUSLY PROMISED THAT ALL NON MUSLIM WHOSE NAMES DO NOT APPEAR IN THE NRC, WILL BE GIVEN CITIZENSHIP RIGHT BY AMEDNING THE LAW
6. NO CLARITY ON WHAT THE GOVERNMENT PLANS TO DO WITH THE LACS OF PEOPLE LIKELY TO BE RENDERED STATELESS
7. THE CENTRE SHOULD HAVE PLAN IN PLACE ABOUT HOW THEY WILL DEAL WITH THE IMPENDING HUMANITARIAN CRISIS
8. MANY AFFECTED ARE POOR PEOPLE WITH LITTLE UNDERSTANDING

• TAKING A FAR EAST TURN TO DEEPEN A FRIENDSHIP

1. SOME 48 YEARS AGO WHEN THE US AND BRITISH NAVIES TRIED TO THREATEN INDIAN SECURITY DURING THE INDIA PAKISTAN WAR IN 1971, THE SOVIET UNION DISPATCHED NUCLEAR ARMED FLOTILLA FROM ITS PACIFIC FLEET BASED AT VLADIVOSTOK IN SUPPORT OF INDIA
2. THE CITY OF VLADIVOSTOK LOCATED IN FAR EAST HAS A SPECIAL PLACE IN THE HEART OF INDIANS
3. WHEN OUR PM VISITS THE CITY AS GUEST OF HONOR AT EASTERN ECONOMIC FORUM IN SEPTEMBER,ANNOUNCING INDIA’S PLANS TO INVEST IN RUSSIA ‘S FAR EAST PAYING BACK THE INDIAN DEBT
4. THE FAR EAST LIES IN THE ASIAN PART OF RUSSIA AND LESS DEVELOPED AND AS PART OF THE HIS PIVOT STRATEGY PRESIDENT VLADMIMIR PUTIN INVITING FOREIGN COUNTRIES TO INVEST IN THE REGION
5. TAKING A FAR EAST TURN TO DEEPEN A FRIENDSHIP
6. AT THE SAME TIME THE IDEA OF INDO-PACIFIC REGION WHICH SIGNALS INDIA’S WILLINGNESS TO WORK WITH THE US MAINLY TO COUNTER CHINA’ASSERTIVE MARITIME RISE HAS ALSO LEFT RUSSIA CONCERNED
7. MOSCOW IS APPREHENSIVE THAT THE US WOULD EXERT PRESSURE ON INDIA’S FOREIGN POLICY CHOICES AND COULD LOSE A FRIENDLY COUNTRY AND ONE OF THE BIGGEST BUYER OF RUSSIAN MILITARY HARDWARE
8. TWO COUNTRIES ARE NOW WORKING FOR A MULTI POLAR INDO PACIFIC AND INDIA HAS ALSO BEEN ABLE TO CONVINCE THE US IS NOT GOING TO COME AGAINST RUSSIAN INTERESTS
9. MR MODI HAS ALSO GIVEN DUE IMPORTANCE TO PARA DIPLOMACY WHERE INDIAN SATETS ARE BEING ENCOURAGED TO DEVELOP RELATIONS WITH FOREIGN COUNTRIES. LIKE UP,GUJARAT,MAHARASHTRA,HARYANA AND GOA

10. THE TWO COUNTRIES ARE ALSO LOOKING AT THE FEASIBILITY OF CHENNAI VALDIVOSTOK SEA ROUTE THAT WOULD ALLOW INDIA ACCESS TO RUSSIA ‘S FAR EAST IN 24 DAYS COMPARED TO THE 40 DAYS TAKEN BY THE CURRENT ROUTE VIA SUEZ CANAL AND EUROPE
11. THIS ROUTE WOULD POTENTIALLY ADD THE REQUIRED BALANCE TO PEACE AND PROSPERITY IN SOUTH CHINA SEA AND COULD OPEN NEW VISTAS FOR INDIA,LIKE THE INDIA-RUSSIA –VIETNAM TRILATERAL COOPERATIONS

• ECONOMIC TIMES UPDATES
• NO STIMULUS ON HORIZON STOCKS SINKS TO 6 MONTH LOW:-

1. BENCHMARK STOCK INDICES ENDED AT A SIX MONTH LOW AND THE RUPEE CLOSED AT ITS LOWEST SINCE DECEMBER 2018 AS THE CHIEF ECONOMIC ADVISER KRISHNA MURTHY SUBRAMANIUM RULES OUT A MAJOR STIMULUS PACKAGE FOR THE ECONOMY
2. THE SENSEX DROPPED 587.44 POINTS OR 1.6% TO END AT 36,472.93 LOWEST CLOSING SINCE MARCH AND THE NIFTY ALSO SANK 180.95 POINTS
3. THE RUPEE DROPPED 26 PAISE TO CLOSE AT 71.81 TO DOLLAR
4. WEAK GLOBAL SENTIMENT
5. SEBI MEASURES FOR FOREIGN PORTFOLIO INVESTOR SHORT OF EXPECTATIION

• SUMMARY OF IMPORTANT NEWS
• THE GOVERNMENT CLARIFIED THAT SMALL START UP WITH A TURNOVER UP TO 25 CRORES WILL GET THE TAX HOLIDAYS SPECIFIED IN SECTION 80-IAC OF THE INCOME TAX ACT AND ELIGIBLE STATRT UP HAS TO SATISFY THE CONDITION TO AVIAL EXEMPTION OF NOT PAYING TAX FOR THREE YEARS OUT OF SEVEN FROM THE YEAR OF INCORPORATION
• THE GOVERNMENT PROPOSES TO USE ADHHAR TO IDENTIFY BENEFICIARIES UNDER THE SOCIO ECONOMIC CASTE CENSUS TO WEED OUT FRAUDS AND DUPLICATION. THE RURAL DEVELOPMENT MINISTRY WILL SOON LAUNCH THE EXERCISE TO USE THE 12 DIGIT UNIQUE IDENTIFICATION NUMBER TO ASSESS THE SOCIO ECONOMIC STATUS OF ALL THE BENEFICIARIES UNDER THE SOCIO ECONOMIC CENSUS WHICH IS DUE IN 2021
• WHAT IS DISRUPTIVE CHANGE

1. PERCEPTION OF A NEW GLOBAL AID INDUSTRY THAT IS UNDERGOING MASSIVE TRANSFORMATION IN THREE FUNDAMENTAL WAYS:
2. SHIFT AWAY FROM DOMINANCE OF A FEW BIG FOREIGN AID AGENCIES AND ESTABLISHED PHILANTHROPIES INTO AN ERA OF MORE COMPETIION
3. WHOLE MODEL TO RETAIL MODEL
4. GROWING FOCUS ON FIGURING OUT AND REWARDING WHAT WORKS IS UNLEASHING CREATIVE NEW APPROACHES TO SOLVE  WORLD ‘S DEEP ROOTED PROBLEMS

• THE EDIT PAGE
  TRY INCOME SUPPORT IN PLACE OF SUBSIDY

1. THE COMMISSION FOR AGRICULTURAL COSTS AND PRICES ( CACP) HAS RECOMMENDED  A SCHEME OF DIRECT PAYMENT TO FARMERS IN CASE MARKET PRICE FALL BELOW THE MINIMUM SUPPORT PRICE
2. IMPRACTICAL IDEA FIRST TRIED IN MP AND ABANDONED AND AFTER FINDING THAT FARMERS AND TRADERS COLLUDED TO DEPRESS PRICES AT THE EXPENSE OF THE EXCHEQUER
3. COORDINATING WITH OTHER STATES WILL NOT REMOVE THE WEAKNESSES
4. THE OTHER RECOMMENDATION THAT THE COMMISSION HAS TO OFFER OF FURTHER ENCOURAGING FARMERS TO USE OF WAREHOUSE RECEIPTS WHICH THE LAW RECOGNIZES NEGOTIABLE INSTRUMENTS TO AVER DISTRESSED SALES IS PERFECTLY SOUND.

5. THE REAL SOLUTION THAT WILL HELP FARMERS AND THE GOVERNMENT IS TO REPLACE ALL OR MOST OF THE SUBSIDIES WITH INCOME SUPPORT TO FARMERS DIRECTLY TRANSFERRED TO THEIR ACCOUNT.
6. SIMPLY OFFERING PRICE SUPPORT DOES NOT TACKLE THE PROBLEM OF CROPPING PATTERN OUT OF SYNC WITH AGRO CLIMATIC CONDITIONS
7. FARMERS GROW SUGARCANE IN ARID PARTS OF MAHARASHTRA AND TAMILNADU,FORGOING OTHER CROPS,ONLY BECAUSE OF COSTLY STATE INCENTIVE,SUCH AS SUBSIDIZED POWER WATER,FERTILIZERS AND CREDIT,BESIDES A REMUNERATIVE PRICE FOR THE CROP. IF THE COST IF THESE WILL BE ADDED TO THE COST OF CULTIVATION,CANE WOULD CEASE TO VIABLE IN WATER SCARCE AREA.
8. HIGH MSP FOR RICE AND WHEAT IN COMBINATION WITH SUBSIDIZED INPUTS AND CREDIT HAVE RESULTED IN UNWANTED STOCK OF THESE GRAINS IN GOVERNMENT GODOWNS

• RECOMMENDATION
• IF THE GOVERNMENT WISHES TO ABANDON SUCH INEFFICIENT,DEPLETING AND WASTEFUL EXPEDNITURE AND RADICALLY REINCENTIVISE EFFICIENT AGRO  ECONOMY,IT MUST DUMP SUBSIDY AND REPLACE IT WITH INCOME SUPPORT TO FARMERS.THE MONEY WOULD PREVENT DISTRESS AND FARMERS WOULD CHOOSE EFFICIENT CROP HUSBANDRY
• STRIPPING OFF PLASTIC MAKES FOOD NAKED

1.  FOOD IN THE NUDE SHOULD IDEALLY CONJURE UP IMAGES OF UNCLAD MASTICATORS,NOT UNCLAD COSMESTIBLES. BUT FOR THOSE BROUGHT UP IN THE ERA OF SUPERMARKET RATHER THAN BARE ESSENTIALS GARNERED FROM FARMS AND KITCHEN GARDENS THAT ALLUSIONS IS FAR FROM OBVIOUS
2. AFTER ALL,FOR THE PREPACKED GENERATION,THE WISECRACK,WHY DID THE TOMATO BLUSH? BECAUSE IT SAW THE SALALD DRESSING IS PROBABLY A TRUISM
3. THE CURRENT SUPERMARKETS CAMPAIGNS IN THE WEST CAPTIONED,” NUDE FOOD” AND NUDE ZONES ARE CLEARLY AIMED AT THOSE WHO THINK THE PROVISIONS NATURALLY COME ENCASES IN LAYERS OF PLASTIC BEFORE PEELING OR CLEANING PRESUMABLY RENDER THOSE ITEMS NAKED
4. GIVEN THE INCREASING PUBLIC UNFAMILIARITY WITH VEGETABLES AND MEATS IN RAW SO AS TO SPEAK PROVENDER STORES MAY ALSO SOON RESORT TO SIGNS SAYING : THE CONTENTS OF THIS SHELF ARE SUITABLE VIEWING BY VIEWING BY AUDIENCES OF ALL AGES
5. LUCKILY FOR MOST INDIANS SHRINK WRAPPING GRAINS VEGETABLES AND MEATS ARE STILL NOT THE NORM
6. WE ARE QUITE USED TO UNABSHADLY VIEWING OUR FOOD STUFF NATURAL
7. THIS REFRESHINGLY LACK OF PRUDISHNESS TOWARDS THE  PRODUCE MUST BE PRESERVED
8. WE CAN NOT ALLOW FUTURE GENERATION TO BELIEVE THAT GROCERIES MUST BE TOTALLY SWADDLED,EVEN IF THE INTENTION IS TO ENSURE THEIR PURITY.

• EDIT PAGE
  TAKE A BREAK,EXPLORE INDIA
   ( NEERAJ KAUSHAL)

1. IF MILLIONS OF INDIAN SIMPLY WENT ON VACATIONS ,VISITING DOMESTIC TOURIST DESTINATIONS,WOULD THAT ENERGIZE INDIA’S SLOWING ECONOMY.?
2. COULD THE ECONOMY BOUNCE BACK NOT BECAUSE PEOPLE WERE WORKING HARDER BUT BECAUSE THEY DECIDED TO TAKE A BREAK FROM WORK AND INSTEAD WENT ON A CHARDHAM YATRA.
3. THE ANSWER TO BOTH IS YES.  WE INCREASE OUR INCOMES BOTH BY WORKING OVER TIME. WE CONTRIBUTE TO THE NATIONS’S GDP BY ALSO SPENDING WHAT WE EARN,
4. THE CONTRIBUTION OF DOMESTIC TOURISTS TO THE INDIAN ECONOMY HAS REMAINED LARGELY UNSUNG.
5. DOMESTIC TOURISTS VISITS HAVE BEEN GROWING AT AN ASTONISHING PACE IN RECENT DECADES. IN 2000,220 MILLION DOMESTIC TOURISTS VISITS AND NUMBER HAS GROWN ALMOST 9 FOLD TO 1,82 BILLION IN 2018. A SUBSTANTIAL PORTION IS ON RELIGIOUS PILGRIMAGE
6. FOREIGN TOURISTS ARRIVALS HAVE ALSO BEEN GROWN BY A MUCH MODEST PROPORTIONS FROM 6 MILLION IN 2000 TO 24,7 MILLION IN 2016
7. BETWEEN 2011 TO 2016,THE NUMBER OF DOMESTIC TOURISTS VISITS ALMOST DOUBLED FROM 865 MILLION TO 1.61 MILLION
8. FOREIGN TOURISTS ARRIVAL INCREASED BYFROM 20 MILLION TO 25 MILLION
9. ATTITUDE TOWARDS VACATIONS DIFFER ACROSS NATIONS. CONTINENTAL EUROPE TAKES THE NOTION THAT VACATIONS REDUCES STRESS,IMPROVE PHYSICAL AND MENTAL HEALTH AND INCREASE PRODUCTIVITY. VACATION DAYS ARE COMPULSORY. IN MANY EUROPEAN COUNTRIES BUSINESS SIMPLY CLOSE FOR FULL MONTH IN JULY OR AUGUST

10. DESPITE THE ASTOUNDING GROWTH,INDIAN TOURISM HAS SUBSTANTIAL UNTAPPED POTENTIAL
11. THE QUESTION REMAINS WHY DESPITE INDIA’S RICH HERITAGE,DIVERSITY OF CULTURES,EXOTIC CUISINES AND LONG HISTORY OF CIVILIZATION DO WE GET A SMALL PIE OF GLOBAL TOURISTS AND TOURISM REVENUE.
12. THE WORLD ECONOMIC FORUM’S 2017 TRAVEL AND TOURISM COMPETITIVE NESS INDEX PROVIDES OME ANSWERS :-
13. OUT OF 136 COUNTRIES,INDIA RANKED 40 TH IN TOURISM COMPETITIVE INDEX,55 IN INTERNATIONAL AND COMMUNICATION TECHNOLOGY,110 TH IN TOURIST SERVICE AND 114 IN SAFETY AND SECURITY,104 IN HEALTH AND HYGIENE AND 89 IN BUSINESS ENVIRONMENT
14. POTENTIAL FOR INCREASING TOURISM IS IMMENSE. INDIA IS RANK 10 IN PRICE COMPETITIVENESS,9^TH IN CULTURAL RESOURCES AND 24 TH IN NATURAL RESOURCES  AND SIXTH IN UNESCO WORLD HERITAGE SITES

• INDO US TRADE RELATIONS
  GO INTO THE CHINA SHOP

1. INDIA AND US ARE OFTEN MENTIONED IN THE SAME BREATH AS THE WORLD’S LARGEST DEMOCRACY
2. COMMON GROUND BOTH COUNTRIES ARE ENGAGED WITH AN AGGRESSIVENESS CHINA
3. US PRESIDENT DONALD TRUMP ANNOUNCED PLANS TO LEVY TAX 10% ON $ 300 BILLION WORTH OF CHINESE IMPORT
4. WHILE INDIA GRAPPLES WITH CHINA’S STANCE ON THE NEWLY MADE UNION TERRITORY OF LADAKH ALONG WITH SUPPORT TO PAKISTAN IN THE UN SECURITY COUNCIL OVER THE KASHMIR ISSUES
5. THE MINISTRY OF COMMERCE RECENTLY IDENTIFIES 203 PRODUCT LINES WHERE INDIAN GOODS COULD REPLACE CHINESE GOODS IN THE US AND AMERICAN GOODS IN CHINA.
6. GOI HAS STARTED THAT INDIA WILL BILATERALLY SEEK MORE ACCESS FOR THESE PRODUCTS FROM US AND CHINESE GOVERNMENTS BY ASKING THEM TO REMOVE NON TARIFF BARRIER. BUT REALITY GOI HAS NOT TAKEN ANY ACTION.
7. REPORT OF SBI RESEARCH :

1. WHILE EXPORTS TO US HAVE NOT RISEN BY MUCH
2. EXPORT TO CHINA IN CERTAIN RAW MATERIALS AND FOOD SECTORS LIKE RUBBER AND VEGETABLES HAVE BEEN DOUBLED. UNLIKELY TO BE SUSTAINABLE
3. INDIA MUST PURSUE THE US MORE AGGRESSIVELY EVEN AT THE COST OF CHINA
4. US IMPORTS FROM CHINA OF THESE ITEMS ARE WORTH $ 30.6 BILLION WHILE INDIA’S EXPORTS TO THE US ARE ONLY WORTH $ 2.4 BILLION
5. INDIA EXPORTS NEARLY $ 22 BILLION OF THESE ITEMS TO THE WORLD

8. INDIA IS CHINA ‘S 11 TH LARGEST TRADING PARTNER AND THE CHINESE ARE UNLIKELY TO BE CONSIDERATE OF INDIAN INTERESTS OVER THOSE OF THEIR ALL WEATHER FRIEND PAKISTAN WHERE CHINA’S INVESTMENTS RUN TO OVER 60$ BILLION IN THE CHINA-PAKISTAN CORRIDOR.
9. THE US ON THE OTHER HAND HAS PROVED TO BE MORE RELIABLE ECONOMIC AND POLITICAL PARTNER SHOWING INTENT ON SEVERAL FRONTS THAT INCLUDE FOCUSING ON THE INDO PACIFIC IN ITS 2017
10. INDIA COULD ALSO DO THEIR SMALL BITS TO HELP THE US. FOR INSTANCE INDIA;S IMPOSITION OF DUTY ON AMERICAN HARLEY DAVIDSON MOTORCYCLE . INDIA GAIN LITTLE FROM IT WHILE REMOVAL OF IT COULD LEAD TO HIGHER REPLACEMENT OF CHINESE GOODS
11. NOT TO SUGGEST THAT INDIA STOPS ENGAGING WITH CHINA ON THE TRADE AND INVESTMENTS FRONTS
12. INDIA SHOULD SEEK RE PRIORITIZATION THAT WILL MAXIMIZE THE LONG TERM BENEFITS
13. INDIA’S FOREIGN  POLICY HAS NOT ALWAYS BEEN DRIVEN BY ITS ECONOMIC INTERESTS
14. FOR THE MAJOR PART OF ITS POST INDEPENDENCE HISTORY,TRADE HAS FOLLOWED FLAG –POLITICAL CONVICTIONS MAKING OR BREAKING TRADE RELATIONS WITH NATIONS
15. TIME FOR FLAG TO FOLLOW TRADE,
16. IMPERATIVE THAT INDIA’S FOREIGN POLICY DRIVES OUR ECONOMIC INTERESTS AND IF WE SERIOUS TO ACHIEVE 5 $ TRILLION ECONOMY BY 2024. WE NEED TO WALK AND TALK.