Summary of The Hindu 19th MAY 2024

Campaign ends for fifth phase , stage set for key fight tomorrow

Campaign for 49 constituency that will go for polls ended on Saturday .

The 49 seats will go for polls on 20 May .

Amethi , Raw Bareli are some of the constituencies that will go for polls .

In last Lok Sabha elections BJP jad wo 32 out of 49 seats .

An address in India , minted at postoffice

Post Offices and Railway stations are being used to verify documents , conduct interviews for those applying for citizenship under CAA .

Government is using the Intelligence Bureau and not the Police to verify documents .

Currently those seeking citizenship under CAA are lining up in Post offices and Railway facilities .

Under CAA ,minority  citizens from Afghanistan , Pakistan , Bangladesh who migrated to India is given citizenship .

Kejriwal’s side Bibhav held in case of alleged assault

Arvind Kejriwal’s aide Bibhav Kumar has been sent to seven day judicial custody by a Delhi Court .

Mr Kumar has been charged of assaulting Swati Maliwal , AAP Rajya Sabha MP .

Swati Maliwal in her complaint said that Mr Kumar beat and abused her while she went to meet Mr Kejriwal at his residence .

AAP has cited it as a ploy by BJP .

Arvind Kejriwal asked the PM to send all its party leaders to Jail instead of sending one by one .All party leaders of AAP will conduct a March to BJP headquarters .

Court issues arrest warrant against Hasan MP Prajwal

A arrest warrant was issued against “ absconding MP of Hasan and JD ( S ) leader Prajwal Revanna in a rape case registered against him .

He faces three such cases and  this is the first such case against him .

This is the first step towards cancellation of passport , which will force him to return home .

The special court for elected representatives issued the warrant on the plea of SIT .

Mr Revanna flew out of the country on April 27 .

A blue corner notice against him was issued by Interpol . But no response has been found on his current location.

He had booked return tickets for 15 may , which he recently cancelled .


New division among Israeli leaders over development of post war Gaza

Israeli Prime Minister Benjamin Netanyahu and Israeli defense minister Yoah Gallant came under personal attack from Yoah Gallant for failong to rule out an Israeli govt in Gaza .

Currently Hamas has rgrouped in northern Gaza and a fight between Hamas and Israeli soldiers has restarted .

Mr Gallant view is that Israel should not establish civilian govt in Gaza . While Mr Netanyahu has rejected any Palestinian Authority in post war Gaza .

The confusion is helping Hamas which says that no new authority can be set up without its involvement .

Russia orders seizures of Deutsche Bank , UniCredit assets

A Russian court has ordered the seizure of properties of Duestche bank and Unicredit assets in the country are to be seized .

A court in St Petersburg has ordered to seize 239 million euro from Deutsche bank and 463 million euro from UniCredit bank .

Russian company RusKhimAlians was planning to build a major gas processing and liquefaction plant with German company Linde , Linde pulled from the project after a Russian military operation in Ukraine .

RusKhimAlians sued Deutsche bank and UniCredit, both guarantors of the project .

European banks have largely exited after Moscow launched its offensive on Ukraine in 2022. Deutsche bank is a US based bank while Uni Credit is an Italian based bank.

Burkino Faso , Mali and Niger finalised regional alliance project

Junta run Birkino Faso , Mali and Niger has have finalised plans to form a coalition . The foreign minister of the three countries met in Niamey to establish text in this regard .

The three nations has rejected the presence of French army and has aligned towards Russia in this regard .

Myanmar rebel group captures a town

The Arakan Army ( AA ) , the rebel group in Myanmar that is fighting against Junta forces has claimed victory over town Buthiduang in Rakhine state .

South Africa government for speedy issuance of Visas for Indian tourists

The South Africa government is evolving a way for speedy clearance of VISA clearance for Indian tourists . It is working on a proposal of tourist e VISA .

The minsitry is also working on a proposal for visa waiver of 90 days for tourist from India and China .

The information was given by Patricia De Lille , the tourism minister of South Africa .


Why is RBI keeping an eye on Gold loans

The RBI this month asked the gold lenders to stick to regulatory norms while lending to tighten it’s grip on the Non Banking Finance Sector .

The RBI has increased its scrutiny of NBFCs after it found certain NBFCs to be flouting norms .

In March. The RBI banned IIFL finance from issuing fresh gold loans after it was found to be violating norms .

The RBI stipulates lenders to comply with certain norms while lending money in lieu of gold .

Under current norms lenders are not allowed any amount of money that is greater than 75 % of the amount of gold . This is to ensure that banks has certain cushion in case of losses by selling golds in case the borrower defaults .

While disbursing loan the maximum amount of disbursement in cash is ₹20,000 under RBI guidelines . The remaining amount should be disbursed in the bank account .

What are the NIA’s allegations against NSCN ?

The story so far :

On March 7 , the National Investigation Agency ( NIA ) filed a chargesheet in a Guwahati court in which it has accused “ China Myanmar Module of “ of the Isak Muivah faction of the National Social Council of Nagaland ( NSCN ) to be involved in supporting cadres of banned factions of Mitie group .

NIA has filed chargesheet against  five persons linked to Meitie insurgent groups and has alleged that they moved to the other side of border to gain training and weapons from NSCN IM

On May 14 , NSCN IM in Myanmar issued a statement accusing the Indian security forces ,to wage a war against   Indian forces .

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