SYNOPSIS : IASbaba’s Current Affairs Focus (CAF) Mains 2017: Day 12

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1. India seems to be giving prominence to BIMSTEC owing largely to the failed narrative of SAARC. Comment. Also examine the potential of BIMSTEC as a bridge between South Asia and Southeast Asia.

Introduction:

BIMSTEC stands for Bay of Bengal Initiatives for Multi-sectoral Technical and Economic Co-operation which comprises of India, Bhutan, Bangladesh, Nepal, Myanmar, Thailand and Srilanka. It is headquartered in Dhaka, Bangladesh. During recent BRICS summit, BIMSTEC leaders were invited ignoring SAARC.

Body:

India giving more prominence to BIMSTEC than SAARC:

Potentials of BIMSTEC:

Conclusion:

Recent SAARC summit was also cancelled due to India-Pakistan issue. Rather than trying to sort out and force SAARC for better performing which is far from reality due to Pakistan, it is the right time to concentrate more on BIMSTEC and include Afghanistan and Iran too to push for more regional and economic co-operation.


2.What is the H1-B visa programme Bill? How does this affect India? Examine.

Introduction:

Recently a US senator introduced H1-B programme bill in US congress, which seeks to amend certain rules for this particular visa. H1-B visa is employment visa issues by US government which gains legal employment permit to work in USA.

Body:

The bill seeks to hike the salary limit for visa from $60,000 to $130,000 and remove restriction or classification of issue based on origin. These two are the major changes.

It affects India in following ways:

  1. Positives:
  1. Negatives:

Conclusion:

The new bill is both boon and bane for Indian economy. Most of the Indian educated student from top class institution would study at government cost and move out for better opportunities. But this might also lead to some friction in India-US relations due to pressure form lobbies. 


3. Protectionism and a retreat from international cooperation seem to be the trend today with major powers of the world looking inward and adopting measures to protect their domestic interests. Has this trend affected India in any way? Critically examine.

Introduction:

“The greatest challenge we face today is the risk of the world turning its back on global cooperation — the cooperation which has served us all well,” the IMF chief Christine Lagarde once said.

Instances:

Low growth, rising inequality, and a lack of jobs have combined with social and geopolitical concerns to lead to the rise of populism and inward-looking forces.

Effect on India:

Conclusion:

Protectionism and inward-looking trend is not desired particularly for India. In this light we need to increase global cooperation especially for global challenges like terrorism, economic slowdown and climate change.


4. Examine the significance of space diplomacy for India. Also discuss the steps taken by the government in this direction.

SYNOPSIS:

The idea of space diplomacy is to expand its sphere of influence using a country’s technological prowess in Space arena. The recent launch of South Asian satellite by Indian Space Research Organization (ISRO) has brought the focus on India’s space diplomacy as a continued process to bolster efforts for regional and international cooperation building on previous efforts with France on SHAR complex, TERLS, SITE and sending German satellites on chandrayaan 1 mission.

SIGNIFICANCE:

CONCLUSION:

 India is embarking on an ambitious endeavor to deliver public goods to its neighbors and foster regional connectivity and integration and through space diplomacy India is quietly asserting its role as an emerging power and a global leader.


5. What are ‘new issues’ with respect to formal agenda of the WTO-level negotiations? What is India’s stand towards these issues? Critically analyse.

The 10th World Trade Organization (WTO) Ministerial Conference, held in Nairobi, Kenya, on 15–19 December 2015, adopted a far-reaching ministerial declaration to guide the work of the organization in the coming years. The last paragraph of this declaration created the possibility of bringing so-called ‘new issues’ to the WTO. This paragraph states, ‘while we concur that officials should prioritize work where results have not yet been achieved, some wish to identify and discuss other issues for negotiation; which are investment, competition policy, trade facilitation, transparency in government procurement, environment and electronic commerce’.

India opposed attempts by some developed nations to introduce ‘new issues’ including e-commerce and investment into the formal agenda of the World Trade Organization (WTO)-level negotiations on liberalization of global trade. Unless there is consensus among all the WTO member countries, these issues cannot be made part of the formal agenda.

India had rejected the attempts of the developed world to make such ‘new issues’ part of the ongoing Doha Round talks saying it will ‘dilute’ the ‘development agenda’ of the negotiations.

Besides pushing for progress in outstanding issues including those related to food security/sovereignty, India is also demanding that there should be formal discussions at the WTO-level on its proposal on a Trade Facilitation Agreement (TFA) on Services, which, among other things, envisages easier temporary movement of skilled workers to boost global services trade.

 

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