Daily Hindu Editorials

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💥With anti-Iran hawks getting key posts in the President’s team, the nuclear deal is the target It was no secret that U.S. President Donald Trump and Secretary of State Rex Tillerson did not get along on several foreign policy issues. But when Mr. Tillerson was fired earlier this month, the one point of difference Mr. Trump cited was the Iran nuclear deal. Mr. Tillerson was considered a restraining presence on Iran within the Trump White House. The 2015 deal, widely seen as a signature diplomatic achievement of the Barack Obama presidency, curtails Iran’s nuclear programme in return for lifting international sanctions. But Mr. Trump hated it — he described it as “the worst deal ever” and during his campaign had threatened to “rip up” the deal upon being elected. 👉A difficult choice Under U.S. law, the deal has to be certified every 90 days by the President. Mr. Trump has grudgingly certified compliance twice since his election. In October, he refused to certify the acco...

💥The National Health Protection Mission requires a bold, holistic approach The NDA government’s scheme to provide health cover of ₹5 lakh per year to 10 crore poor and vulnerable families through the Ayushman Bharat-National Health Protection Mission has taken a step forward with the Union Cabinet approving the modalities of its implementation. Considering the small window, just over a year, available before the term of the present government ends, urgent action is needed to roll out such an ambitious scheme. For a start, the apex council that will steer the programme and the governing board to operationalise it in partnership with the States need to be set up. The States, which have a statutory responsibility for provision of health care, have to act quickly and form dedicated agencies to run the scheme. Since the NHPM represents the foundation for a universal health coverage system that should eventually cover all Indians, it needs to be given a sound legal basis, ideally thro...

💥As the U.S. continues to raise benchmark rates, India should take precautionary steps The U.S. Federal Reserve continues to slowly pull away the punch bowl as the party gets going. This week the Fed raised its benchmark short-term interest rate by 25 basis points to 1.50-1.75%, the highest in a decade. While this is only the sixth rate increase since the financial crisis of 2008 — which pushed central banks to cut interest rates to historic lows — it portends further increases in global interest rates. Higher borrowing costs could squeeze both markets and the wider economy. If its dot-plot projections are considered, the Fed under its new Chairman Jerome Powell — who chaired the Federal Open Market Committee meeting for the first time on Wednesday — is expected to raise rates two more times in 2018. And with the American economy projected to grow at a fairly healthy clip amid quickening inflation, the increases in the Fed’s discount rate are expected to gather pace over the nex...

💥India must refresh its overseas China policy and its domestic engagement with the Tibetan community The government’s bid to ease tensions with China has been met with some criticism, particularly over a leaked memo to officials telling them to stay away from events that commemorate the 60th anniversary of the Dalai Lama’s 1959 flight to India. This has led to the cancellation of several public events related to Tibet. Much of the criticism stems from the perception that the government is attempting to appease China by giving up its “Tibet card”. Clearly, giving in to China’s aggression on the subject is the wrong pretext to nuance its Tibet policy, and as the government has said, where the Dalai Lama goes within India is a sovereign issue. However, the bigger error may be for the government to be using Tibetan refugees in India as a card in its relations with China. 👉Deteriorating ties To begin with, ties between New Delhi and Beijing have deteriorated over the past fe...