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17 November 2018
THE NEWS In the latest challenges and reverses in recent months, Australia has referred India to the World Trade Organization (WTO) over subsidies paid to sugarcane farmers. TRADE WAR AGAINST INDIA The action comes on the back of a November filing by the United States (US) at the Geneva-based global trade regulator alleging that India has paid out far more in cotton subsidies than the WTO rules permit. On November 7, India lost a key trade dispute at the WTO after a settlement panel largely upheld Japan’s complaint on the imposition of safeguard duty on imports of hot-rolled steel flat…
17 November 2018
Saturday Scheme Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) Pradhan Mantri Rojgar Protsahan Yojana (PMRPY) was launched in August 2016. Under PMRPY, the government bears the entire contribution of the employer towards EPFO (12% of basic) for the employees with salary up to Rs 15000 per month. It will be paid for the first three years. Objectives of the scheme It aims to incentivize employers to increase the employment base of workers in the establishments. Facilitating access to social security benefits of to all the employees with low incomes who prefer to receive a salary in cash. The advantages of this…
16 November 2018
THE NEWS Jharkhand has been declared Open Defecation Free (ODF) on its 18th Statehood Day and its seven districts were announced to be fully electrified. OPEN DEFECATION FREE STATES OF INDIA Jharkhand has achieved the ODF mission one year ahead of the national target. Jharkhand was ranked fourth in Ease of doing business. The West Bengal, on occasion, shared that the state is committed to achieving open defecation free status by December 2018. At present, West Bengal has rural sanitation coverage of 97 percent and is on track to becoming ODF before the national target of October 2019. The states…
15 November 2018
THE NEWS The Indian Space Research Organization has successfully launched its latest communication satellite GSAT-29, from the Satish Dhawan Space Centre in Sriharikota being carried by ISRO’s Geosynchronous Satellite Launch Vehicle (GSLV-Mk III). ABOUT THE MISSION With this successful launch, the satellite aims at solving the communication barriers faced by Village Resource Centers (VRCs) that are responsible for providing space-based services to ISRO from rural areas of the country. The launch vehicle is the 67th launch mission from the Satish Dhawan Space Centre and the 33 communication satellite built by ISRO. The GSLV Mk III rocket will place the GSAT-29…
14 November 2018
THE NEWS Recently the Ministry of New and Renewable Energy has come up with a draft scheme known as “Indian Turbine Certification Scheme,” which incorporates the guidelines for certifying the Turbines in India. Basics of the Scheme The scheme is a compilation of best National and International Standards, Technical Regulations and requirements as issued by the Central Electricity Authority and other international bodies. It has also strived to incorporate various best practices from other countries to ensure the quality of the wind energy projects. The scheme is mainly focused on assisting and facilitating the following stakeholders: Original Equipment Manufacturers (OEMs)…
13 November 2018
THE NEWS The two-day Global Innovation Summit has been inaugurated in New Delhi to create an ecosystem of a public-private partnership towards working for breakthrough innovations in energy efficient cooling technology. GLOBAL INNOVATION SUMMIT Global Innovation Summit is a first-of-its-kind solutions-focused event, which is aimed to bring together global leaders to explore ways and solutions to address the climate threat arising from the growing demand from room air conditioners. This invite-only summit will bring together innovators, policymakers, development agencies, nonprofits, industry leaders, venture capitalists, start-ups, philanthropists, and air-conditioning experts. Panelists at the Summit will share their perspective on solving the…
13 November 2018
Trending Tuesday STATE FUNDING OF ELECTIONS State Funding of Elections means Government provides funds to the candidates for contesting elections and meeting other election-related expenses. It has been long debated in India and includes various committee recommendations: Indrajit Gupta Com. on State Election Funding: 1998 funds should be given to the registered National and State parties only and that too in kind only. Law Commission Report on Electoral Reforms 1999: same as above but advocated strong regulatory frameworks like internal elections, accounting framework, etc. 2nd ARC 2008: Did not recommend funding. Advantages Increase transparency and accountability Reduce black money in…
12 November 2018
THE NEWS According to a "Young India and Work," study by the Observer Research Foundation (ORF) and World Economic Forum (WEF), 70 per cent of youth are unaware of government-run skill development programmes in their area, yet more than 70 per cent of youth are very interested in pursuing skills training programmes. ABOUT THE STUDY This study presents findings from the ‘Youth Aspirations in India’ Survey in which 5,764 youth between the age group of 15 and 30 were surveyed about their employment, education and skilling aspirations. The data were collected from seven states in India, including Andhra Pradesh, Assam,…
10 November 2018
THE NEWS The 25th edition of SIMBEX “Singapore-India Maritime Bilateral Exercise” is scheduled from 10th to 21st November 2018 off Bay of Bengal and the Arabian Sea. BACKGROUND Bilateral cooperation between India and Singapore was first formalized when the Republic of Singapore Navy (RSN) ships began training with the Indian Navy in 1994. It began as a modest endeavour to exchange best practices in the field of Anti-Submarine Warfare (ASW) and in the recent years, it has evolved into complex high stakes exercise with both nations attaching premium in terms of time, complex advanced exercise and types of platforms involved.…
08 November 2018
THE NEWS Today is marked by the second anniversary of demonetization, as on the same day of November 8, 2016, the government of India declared that Rs. 500 and Rs. 1000 currency notes would no longer be the legal tender which constituted over 86% of the total currency in the economy. DREAM OF CASHLESS ECONOMY: A MYTH OR REALITY The move (Demonetization) led by the government was objected to building a less-cash society, and subsequently to promote the digital economy in the country. But fortunately, after a span of two years, it becomes noticeable that the vision has not been…