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The Hindu Analysis Free PDF Download

Date: 09 January 2021

Wrong call | BL

  • Since 2010, most of the spectrum auctions have been unsuccessful
  • REASON: high reserve price fixed by the telecom regulator
  • Telecom operators have found the pricing exorbitant
  • In 2015, airwaves worth ₹1-lakh crore were sold
  • Next auction - March 2021
  • Centre is going to do it without lowering the reserve price
  • 2016 - The Department of Telecom had invited bids for over 2000 MHz spectrum worth ₹5.3-lakh crore.
  • Nearly 60 per cent of the airwaves put on the block did not find any takers.
  • There was not a single bid for the 700 MHz band.
  • Similarly, in 2012, 1800 MHz and 800 MHz bands were put up for sale, but only a small percentage of 1800 MHz band was sold, while 800 MHz remained completely unsold.
  • This unsold spectrum and additional spectrum in the 900 MHz band were auctioned in 2013. Since pricing had not changed significantly, the response continued to remain tepid.
  • The price per MHz per population in the 1800 MHz band was €1.46 compared to the benchmark of €0.17–0.27 declared by Ofcom in 2012 (ICRIER report).
  • Though the final reserve price for 800 MHz spectrum in the upcoming auction is 18.5 per cent lower than the 2016 price, the price for 1800 MHz and 2300 MHz is 14.5 per cent and 17.5 per cent higher, respectively.
  • Collective debt pile of nearly ₹5- lakh crore
  • None of the existing operators is in a position to place such an expensive bet.
  • The industry’s revenue and profitability have been worsening due to the heightened competition, and payouts related to Adjusted Gross Revenue.

Night and day

  • Unnao. Hathras. And now Badaun
  • News of another horrific alleged rape and murder emerged from Uttar Pradesh
  • A 50-year-old anganwadi worker, who visited a temple, was found brutally battered outside her home at a village in Badaun district.
  • After she succumbed to the injuries, a depressingly similar pattern came to light: the police had dithered with both the post mortem and in registering an FIR.
  • What came as a shocker, however, was the reaction of a senior member of the National Commission for Women who visited the family.
  • In 2019, the NCRB data show 88 rape cases were recorded every day in India with U.P. reporting the second-highest number at 3,065 cases.
  • From patriarchal mindsets to poor policing
  • According to Centre for Monitoring Indian Economy data, women accounted for 10.7% of the workforce in 2019-20 and many lost jobs due to the pandemic
  • By November 2020, the CMIE reported that men recovered most of their lost jobs but not women.

A capitol lesson | ToI

  • Carnage at the US Capitol building
  • Role of social media in providing a platform to disseminate false information that finally culminates in violence
  • President Donald Trump was locked out of his social media accounts for instigation.
  • Twitter and YouTube have served serious warnings about permanent removal while Facebook and Instagram have frozen his accounts.
  • Social media companies have taken some steps to curb the dissemination of fake news.
  • These are very inadequate and nobody can miss that serious action against Trump is coming only at the end of his term.
  • Algorithms continue to push lies and hatred.
  • Sophisticated regulatory mechanism to oversee dissemination of information on social media, without restricting the benefits these platforms provide
  • Social media should not continue to roam free of accountability and the compliances that are rightly mandatory for traditional media like newspapers.
  • Of course in India the default approach to maintaining public order in the age of social media is to shut down the internet. This imposes huge social and economic costs – $2.8 billion in 2020 according to a UK research firm.

A capitol lesson | ToI

  • One of the many ways in which Indian cities and towns tell women that they are unwanted in public spaces is by the absence of a woman’s toilet.
  • The denial of a woman’s body and its natural bodily urges, then, is not only a matter of cultural practices of shame, but it is written into the design of a city itself.
  • A new “period room” in a Mumbai slum, the first of its kind in a public toilet, therefore, suggests a refreshing reimagination of the public space.
  • The “period room” includes a urinal, a jet spray, a toilet roll-holder, soap, running water, hooks to hang clothes and a dustbin to dispose of menstrual waste — rare amenities in public toilets.
  • For the women of the Lokmanya Nagar slum, in which few families have the luxury of a private toilet, the structure offers precious space and privacy.
  • A “period room” that does not try to hide its function as a space for menstruating women might also, hopefully, cut through the punishing taboo around periods.

The economy is looking up | HT

  • First advanced estimates for GDP - National Statistical Office (NSO) - expects India’s Gross Domestic Product (GDP) to contract by 7.7% in 2020-21
  • The projection is in line with various institutional and private forecasts, and paints a relatively better economic picture than the widespread consensus on a double-digit contraction up to a few months ago.
  • While the recent recovery in economic performance — other high-frequency indicators confirm the trend — is a welcome development, it should not generate complacency on the policy front.
  • An economic shock of this magnitude is likely to leave significant and deep scars on businesses, in both the real and financial sectors, and on households.
  • That the Indian economy was caught in a protracted slowdown even before the pandemic will make coping with the current crisis even more difficult.
  • A large part of the Indian economy is in what is referred to as the informal sector.
  • Anecdotal evidence and corporate earnings for the first two quarters have highlighted how smaller entities have suffered disproportionately.
  • However, it is also a fact that India’s fiscal stimulus was among the smallest for major economies in the world.
  • Restoring growth going forward is going to be difficult without a big push from government spending.
  • Long-term expectations from these reforms can be compromised if the economy hits a demand-side constraint in the short-run.

NEWS

  • Second nationwide Covid-19 vaccination dry run successfully completed in 736 districts of 33 States, Uts
  • COVID-19 recovery rate improves to 96.39 per cent
  • 8th round of talks between Centre, farmer Unions concludes; next meet on Jan 15
  • PM Modi to inaugurate Pravasi Bharatiya Divas virtual convention tomorrow
  • I&B Minister launches Govt's Digital Calender, Diary App
  • PM Modi to discuss COVID-19 situation, vaccination rollout with CMs of all States
  • World's largest repatriation exercise Vande Bharat Mission brings back over 44.7 lakh people
  • NIXI offers free Domain in local Indian languages
  • IREDA signs MoU with NHPC for providing its technical expertise in developing renewable energy projects
  • CBI files supplementary chargesheet against four officials of Haryana Police in an on-going investigation of a case
  • CBI files supplementary chargesheet against four officials of Haryana Police in an on-going investigation of a case
  • French President Advisor meets PM Modi, discusses bilateral and global issues
  • Japan commits ₹2,113 cr support for Covid relief efforts
  • No positive development on return of Indian students to China, future hazy with One year lost