Monthly Archives: August 2021

RESERVATION FOR OBC

The Government is planning to bring a Bill to Parliament to clarify “some provisions in the 102nd Constitutional amendment Bill” to restore the power of the states to identify backward classes. In India, separate OBC lists are drawn up by the Centre and each state concerned. Articles 15(4), 15(5) and 16(4) expressly conferred power on a state to identify and declare …

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MINIMUM GOVERNMENT – MAXIMUM GOVERNANCE

Recently, the Union Government gave the information on Major Administrative Reforms which were introduced in recent years and emphasised the importance of these reforms in making governance more accessible. These reforms aim to encourage greater efficiency, transparent and corruption free governance, accountability and reduce scope for discretion. The Government follows the maxim …

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MPLADS

Recently, the Standing Committee on Finance has criticised the decision of the Ministry of Finance (Department of Expenditure) for giving barely a week’s time to the Ministry of Statistics and Programme Implementation (MoSPI) for funding ongoing Member of Parliament Local Area Development Scheme (MPLADS) projects, owing to which 50% funds lapsed. Important points: The resultant funding crunch would …

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NATIONAL EDUCATION POLICY

The Cabinet Committee on Economic Affairs has approved the school education programme Samagra Shiksha Scheme 2.0 till the 2025-26 financial year. It has been upgraded to align it with the Sustainable Development Goal for Education and the new National Education Policy launched in 2020. Important points: It is an integrated scheme for school education covering the entire gamut from pre-school to class XII. It aims to …

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SPECIAL STATUS REVOCATION OF J&K

The Forum for Human Rights in J&K (FHRJK) released its report a day ahead of Jammu and Kashmir (J&K) completing two years as Union Territory. The report raised concerns about the militancy that continues to remain a major challenge in J&K. FHRJK is an independent body co-chaired by former Supreme Court judge Justice Madan B. Lokur and …

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UMLING LA PASS

Recently, the Border Roads Organisation (BRO) has constructed and completed black topping the world’s highest motorable road at Umling La pass in Eastern Ladakh, located at an altitude of 19,300 ft. Important points: By constructing this road, BRO has created a record in high-altitude road construction. It bettered the previous record of a road in Bolivia connecting to …

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YANGTZE GIANT SOFTSHELL TURTLE

In recent years, a lot of efforts have been put by the conservationists to save the world’s most endangered turtle, Swinhoe’s softshell turtle from the brink of extinction. The animal is also known as the Hoan Kiem turtle or Yangtze giant softshell turtle. In Vietnam, these animals have great cultural significance as people in Hanoi revere this …

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INS VIKRANT

Recently, the Indigenous Aircraft Carrier (IAC) 1 named INS Vikrant, started sea trials (one of the last phases of trials). It is likely to be commissioned in 2022. At present, India has only one aircraft carrier, the Russian-origin INS Vikramaditya. Earlier, the Defence Acquisition Council (DAC) approved issuance of Request for Proposal (RFP) for six advanced submarines for the Indian Navy under Project-75I. …

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PAYMENT SYSTEMS OPERATORS IN INDIA

Recently, the Reserve Bank of India (RBI) has issued a framework for payment and settlement related activities by payment system operators. This framework is issued under provisions of Payment and Settlement Systems Act, 2007. The Payment and Settlement Systems Act, 2007 provides for the regulation and supervision of payment systems in India and designates the RBI as the …

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MINIMUM PUBLIC SHAREHOLDING

The Ministry of Finance has amended the Securities Contracts (Regulation) Rules, 1957 to exempt listed public sector companies from the minimum public shareholding norm. Important points: The government can now exempt any listed public sector enterprise from the Minimum Public Shareholding (MPS) norm, which mandates at least 25% public float for all listed …

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