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US waives Russian oil penalties, easing tariff threat on India
ಸುದ್ದಿಯಲ್ಲಿ ಏಕೆ?
A waiver is not a repeal: the Russian oil penalty relief India's GS-II answer must flag
A US waiver on Russian oil penalties eases tariff risk for India, though it could be reversed.
Why it matters: factual, Prelims-type
What you need to know
2 ನಿಮಿಷ
The United States has waived penalties linked to purchases of Russian oil, which relieves pressure on India's oil imports and eases a tariff threat that had hung over the proposed trade deal.
Experts caution that the relief is temporary and the penalties could be revived.
India has maintained that its energy sourcing is guided by national interest.
ಮೂಲಗಳು: Topper IAS editorial (PIB / The Hindu / Indian Express)
ಮುಖ್ಯ ಅಂಶಗಳು
Remember these
- The US has waived penalties linked to purchases of Russian oil, easing pressure on India's oil imports.
- The waiver eases a tariff threat that had hung over the proposed India-US trade deal.
- Experts say the relief is temporary and the penalties could be revived.
- India maintains that its energy sourcing is guided by national interest.
- India is among the world's largest importers of crude oil and depends heavily on imports for its needs.
ಪ್ರಿಲಿಮ್ಸ್ · ಮೇನ್ಸ್
How the exam will ask it
ಪ್ರಿಲಿಮ್ಸ್
- A sanctions waiver suspends the application of penalties for a period; it does not repeal the underlying sanctions, which can be reinstated.
- Tariffs are taxes levied on imported goods and are a common instrument of trade pressure between countries.
- India has stated that its energy purchases are guided by national interest and energy security considerations.
ಮೇನ್ಸ್
GS-II (India and the world) and GS-III (Energy): The US waiver on Russian oil penalties eases the tariff threat over the India-US trade deal, but its reversibility keeps India exposed. India should keep sourcing guided by national interest, diversify its crude suppliers and balance strategic autonomy with trade ties to Washington.
Quick recall
Answer before you reveal
ಆಹಾರಕ್ಕೆ ಕೀಟನಾಶಕ ಅವಶೇಷ ಮಿತಿಗಳಂತಹ ಮಾನದಂಡಗಳನ್ನು ರೂಪಿಸುವ ಭಾರತೀಯ ಆಹಾರ ಸುರಕ್ಷತೆ ಮತ್ತು ಮಾನದಂಡ ಪ್ರಾಧಿಕಾರ (FSSAI) ಯಾವ ಕಾಯ್ದೆಯಡಿ ಸ್ಥಾಪಿತವಾದ ಶಾಸನಬದ್ಧ ಸಂಸ್ಥೆ?
- ಆಹಾರ ಕಲಬೆರಕೆ ತಡೆ ಕಾಯ್ದೆ, 1954
- ಗ್ರಾಹಕ ಸಂರಕ್ಷಣಾ ಕಾಯ್ದೆ, 2019
- ಕಾನೂನು ಮಾಪನಶಾಸ್ತ್ರ ಕಾಯ್ದೆ, 2009
- ಆಹಾರ ಸುರಕ್ಷತೆ ಮತ್ತು ಮಾನದಂಡ ಕಾಯ್ದೆ, 2006
ಉತ್ತರ ನೋಡಿ
ಉತ್ತರ: D — ಸರಿಯಾದ ಉತ್ತರ ಆಹಾರ ಸುರಕ್ಷತೆ ಮತ್ತು ಮಾನದಂಡ ಕಾಯ್ದೆ, 2006; ಇದು ಆಹಾರ ಪದಾರ್ಥಗಳಿಗೆ ವೈಜ್ಞಾನಿಕ ಮಾನದಂಡ ರೂಪಿಸಲು FSSAI ಅನ್ನು ಸ್ಥಾಪಿಸಿತು.
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