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Showing posts with the label India

The Digital India Will Soon Get The Digital Rupee

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 ~Preet The writer and the publisher have no rights to this image. This image has been taken from,  Digital-Rupee-–-Its-Understanding.jpeg The Reserve Bank of India (RBI) will shortly launch restricted pilots of the e-rupee, also known as Central Bank Digital Currency (CBDC) or digital rupee, for specified use cases. It has hinted at two major categories for the usage of e-rupee for various transactions — retail and wholesale.  The CBDC is defined by the RBI as a digital representation of currency notes issued by a central bank. It is a sovereign or completely autonomous currency issued by the country's central bank (in this case, the RBI) in line with monetary policy. CBDC will be recognised as a means of payment and legal tender by all three parties - individuals, government agencies, and businesses - once it is formally issued. Because it is government-backed, it may be readily exchanged for money or notes from any commercial bank. The RBI is not enthusiastic about the e-rupee.

The India Bangladesh Agreement

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 ~Preet The author or the publisher has no rights to the image. This image is taken from  01f77e84-2dab-11ed-b360-96b459ca4506_1662445590640.jpg Bangladesh's Prime Minister recently visited India and met with the Indian Prime Minister. India and Bangladesh have inked seven agreements for cooperation spanning from river water sharing to space exploration, as well as launched new connectivity and energy initiatives.  The two sides have signed seven Memorandums of Understanding (MoU), including one on removing water from the cross-border Kushiyara river. The arrangement would assist southern Assam in India and Bangladesh's Sylhet area. Cooperation in space technology, collaboration on information technology systems used by railways in areas such as freight movement, science and technology cooperation, training of Bangladesh Railway personnel and Bangladeshi judicial officers in India, and cooperation in broadcasting between Prasar Bharati and Bangladesh Television were also areas

Yet Again a Hit on Tweets.

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 ~Preet This image was taken from  https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTRnsYDIuI_RYCYUtFkyEvo2HRRov49uUwq7w&usqp=CAU  the Author or Publisher has no rights on the image. The Ministry of Electronics and Information Technology (MeitY) issued instructions to remove some tweets from Twitter under Section 69 (A) of the Information Technology Act of 2000. (Microblogging Site). Twitter has filed a petition with the Karnataka High Court, saying that many of the banning orders violate Section 69 (A) of the Act. According to Section 69 (A) of the IT Act, the corporation "failed to comply with the directives on repeated occasions," according to the Ministry. Twitter provided a list of over 80 accounts and messages that it has banned in response to a government request in 2021. Twitter believes that the Ministry's reasons for flagging various accounts and messages are either "over-broad and arbitrary" or "disproportionate." According to Twi

The DESH Bill

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~Preet  sez.jpg  This image does not belongs to the writer or publisher this image was found on https://economictimes.indiatimes.com/news/economy/policy/partial-denotification-of-sezs-single-window-clearance-mechanism-in-desh-draft/articleshow/92396526.cms During the forthcoming monsoon session of Parliament, the government intends to introduce the Development of Enterprise and Service Hubs (DESH) Bill. It intends to revitalise interest in SEZs and establish more inclusive economic centres by overhauling the existing Special Economic Zone regulations from 2005. SEZs will be renamed Development Hubs and will be exempt from many of the rules that presently limit them. These hubs will serve as both domestic tariff areas and SEZs, facilitating both export-oriented and local investment. To bring taxes in line with those imposed by units outside the country, the government may apply an equalisation levy on products or services supplied to the domestic market. The World Trade Organization'

Things Have Changed In FCRA.

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 ~Preet Image Taken From :- https://capindia.in/foreign-contribution-regulation-amendment-rules-2020-further-tightens-the-bolts/ No rights of the image belongs to the writer or publisher. The Foreign Contribution (Regulation) Act was recently revised by the Ministry of Home Affairs (FCRA). In November 2020, the Ministry toughened the FCRA rules, making it clear that NGOs (Non-Governmental Organizations) that are not directly linked to a political party but engage in political action such as bandhs, strikes, or road blockades will be considered political if they participate in active politics or party politics. All NGOs receiving money are required by law to register with the FCRA. The action comes after the government raised the import tariff on gold from 7.5 percent to 12.5 percent in an effort to discourage gold imports, which increase the trade imbalance and put pressure on the currency and FX reserves. An increase in gold import tariff will raise the cost of import and discourage i

India and Isreal to deepen ties

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 ~Preet. hr88aov_pm-modi-with-naftali-bennett_625x300_02_November_21.jpg The Deputy PM and Defence Minister of Isreal visited India and bilateral meetings were held to strategise the deepening of military ties between the two nations. A document retaliating the the commitment of both the countries to deepen defence ties was presented. This marked the 30 years of India-Isreal relations. The two nations agreed upon India-Isreal vision on Defence Cooperation to fortify the Indo-Israeli defence cooperation. The nations exchanged a letter of intent about the enhancing of cooperation in the field of futuristic defence technologies. The bilateral cooperation is decided to be in line with PM Modi's vision of Make in India. Both nations examined current military-to-military activities, which had risen despite the constraints posed by the Covid-19 outbreak. They discussed methods to expand collaboration in all areas, with an emphasis on R&D in future technologies and defence co-productio

Fortifying Aadhaar

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 ~Preet. The Unique Identification Authority of India (UIDAI) recently issued a caution to the public not to share a photocopy of their Aadhaar with any organisation, only to withdraw the advice due to concerns that it may be misinterpreted.  The UIDAI advised the public not to "share a photocopy of one's Aadhaar with any organisation since it might be abused." Instead, it advised utilising "a disguised Aadhaar, which only reveals the last four digits of the Aadhaar number." It also advised the people to avoid downloading their e-Aadhaar from public computers. In such instance, they were instructed to "permanently erase" any downloaded copies. Only organisations that have secured a User License from the UIDAI can use Aadhaar to verify a person's identification. Furthermore, the Aadhaar Act prohibits hotels and movie theatres from collecting or retaining copies of Aadhaar cards.  Many private companies in the nation require an Aadhaar card, and user

Uniform Civil Code In Uttarakhand?

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   ~Preet. Just a few moths ago, the Allahabad High Court knocked the doors of Central Government to take initiatives towards the implementation of Uniform Civil Code, which is a very pressing issue and has been a motion of discourse since long. In an expected but yet surprising move the Uttarakhand Government, currently led by Pushkar Singh Dhami, appointed a standing committee led by Retired Supreme Court Judge  Justice Ranjan Desai to plan the implementation of The Uniform Civil Code and other relevant laws to govern the personal affairs in Uttarakhand. Implementation of UCC in the country is a Directive Principle of State Policy enshrined in the Article 44 of the Constitution Of India. India has different personal laws for different religions but The Uniform Civil Code would provide the nation with uniform regulations for personal matters. The idea behind the Uniform Civil Code is to eliminate the ambiguities that occur due to the differences between the various personal laws. The

Report on Citizenship Amendment Act 2019: What it has to say ?

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~Preet In its most recent annual report for 2020-21, the Ministry of Home Affairs (MHA) said that the Citizenship Amendment Act (CAA) 2019 is a humane and ameliorative law that does not deprive any Indian of citizenship.  The CAA, which intends to offer citizenship to migrants from Afghanistan, Bangladesh, or Pakistan who belong to Hindu, Sikh, Buddhist, Jain, Parsi, or Christian groups, was notified on December 12, 2019, and went into effect on January 10, 2020.  Protests erupted around the country in response to the law. There are concerns that the CAA, which will be followed by a nationwide compilation of the National Register of Citizens (NRC), will benefit non-Muslims who are not on the planned citizens' register, while excluded Muslims will have to justify their citizenship. It violates the Assam Accord of 1985, which specifies that unlawful migrants from Bangladesh arriving after March 25, 1971, regardless of faith, will be deported. There are an estimated 20 million undocum

Human Rights Report on India 2021.

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 ~Preet. The US State Department just published a strong and critical assessment on human rights in India in 2021. The report is submitted to the US Congress each year and is retrospective in nature, containing a country-by-country discussion of the state of internationally recognised individual, civil, political, and worker rights as outlined in the Universal Declaration of Human Rights and other international agreements. The Ministry of Home Affairs released statistics on human rights abuses in states to Rajya Sabha in December 2021. In 2021, the US State Department issued a harsh and scathing evaluation of human rights in India. The report, which is submitted to the US Congress each year, is retrospective in nature, with a country-by-country discussion of the state of internationally recognised individual, civil, political, and worker rights as outlined in the Universal Declaration of Human Rights and other international agreements. In December 2021, the Ministry of Home Affairs pro

Production Linked Incentive Scheme.

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 ~Preet The NITI Aayog has recently begun work on developing a set of objective criteria to assess value creation by enterprises that get financial incentives under Production-Linked Incentive (PLI) programmes. The empowered group of secretaries, established in June 2020, was entrusted with finding bottlenecks in PLI schemes, liaising with states and firms for speedier approvals, analysing and assuring timely investments in PLI schemes, and ensuring total project turnaround. The Cabinet Secretary chairs the group, which includes the Chief Executive Officer of NITI Aayog, the secretaries of the Department of Promotion of Industry and Internal Trade, the Department of Commerce, the Department of Revenue, the Department of Economic Affairs, and the Secretary of the concerned ministry. The NITI Aayog wants to enlist the help of an external organisation — state-owned IFCI Ltd or SIDBI – to create and prepare a centralised database to track success in the PLI projects across sectors. This da

MGNREGA: Wage Rate Revised.

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 ~Preet. The Ministry of Rural Development recently announced new compensation rates under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for the fiscal year 2022-23. The salary rates are published in accordance with the Mahatma Gandhi National Rural Employment Guarantee Act of 2005. The MGNREGA wage rates are determined by changes in the CPI-AL (Consumer Price Index-Agriculture Labor), which indicates the growth in rural inflation. The Ministry of Rural Development recently announced new compensation rates under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for the fiscal year 2022-23. The salary rates are published in accordance with the Mahatma Gandhi National Rural Employment Guarantee Act of 2005. The MGNREGA wage rates are determined by changes in the CPI-AL (Consumer Price Index-Agriculture Labor), which indicates the growth in rural inflation. MGNREGA is one of the world's largest work-guarantee programmes. The scheme's major

India-Japan Summit 2022.

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 ~Preet. The Japanese Prime Minister recently paid an official visit to India to attend the 14th India-Japan Annual Summit. The Summit took place at the 70th anniversary of the beginning of diplomatic ties between the two countries, as well as India's 75th anniversary of independence. Earlier, the Indian Prime Minister virtually launched a Japanese 'Zen Garden - Kaizen Academy' at Gujarat's Ahmedabad Management Association (AMA). Japan will invest Rs 3.2 lakh crores in India over the next five years. 7 JICA (Japan International Cooperation Agency) loans to several states for projects in connectivity, water supply and sewage, horticulture, healthcare, and wildlife protection. Japanese firms have inked an agreement to introduce Johkasou technology for decentralised wastewater treatment in India. It is utilised in locations where sewage infrastructure has yet to be built. The Sustainable Development Initiative for the North Eastern Region of India was launched with a focus

Bail in UAPA: All about it.

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~Preet. A Delhi court has granted bail to a former Congress (Political Party) councillor in a charge brought under the Unlawful Activities (Prevention) Act 1967 (UAPA) in connection with the 2020 anti-Citizenship (Amendment) Act, 2019, (CAA) rallies.  The CAA grants citizenship to six undocumented non-Muslim communities (Hindus, Sikhs, Buddhists, Jains, Parsis, and Christians) who entered India on or before December 31, 2014, from Pakistan, Afghanistan, and Bangladesh. It exempts members of the six communities from prosecution under the Foreigners Act of 1946 and the Passport Act of 1920. The two Acts outline the penalties for illegally entering the country and staying on expired visas and permits. The court granted release to the accused notwithstanding the prosecution's argument that there were limits inherent in Section 43D(5) of the UAPA, a clause that makes bail almost hard to award since it allows little opportunity for judicial reasoning. The defence contended that Section 4
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Maternal Mortality in India 2017-19. ~Preet. The Registrar General of India's Sample Registration System (SRS) just published the most recent special bulletin on Maternal Mortality in India (2017-19). According to the World Health Organization, maternal death is defined as the death of a woman while pregnant or within 42 days of a pregnancy termination from any cause connected to or worsened by the pregnancy or its care. The Maternal Mortality Ratio (MMR) is defined as the number of maternal deaths per 100,000 live births within a certain time period. The Ministry of Home Affairs is in charge of the Registrar General of India.  Aside from conducting the Population Census and monitoring the implementation of the Registration of Births and Deaths in the country, it has been providing fertility and mortality estimates using the Sample Registration System (SRS). SRS is the country's biggest demographic sample survey, providing direct estimates of maternal mortality through a nation
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More and More Supercomputers: National Supercomputing Mission. ~Preet The Indian Institute of Science (IISc) Bengaluru has installed the supercomputer 'Param Pravega.' It boasts 3.3 petaflops of supercomputing power. It was built as part of the government's National Supercomputing Mission. The National Supercomputing Mission aims to localise the research and production of powerful computers. A supercomputer is a computer that operates at or near the greatest operating rate currently available for computers. PETAFLOP is a measure of the processing speed of a Supercomputer and may be represented as a thousand trillion floating point operations per second. FLOPS (floating point operations per second) are commonly used to assess a computer's processor performance.  Extremely lengthy numbers can be handled reasonably simply with floating-point encoding. Supercomputers are generally intended for usage in businesses and organisations that demand a large amount of computational
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India to manufacture 500 items by 2025, by 3D printing.  ~Preet.   The National Strategy for Additive Manufacturing Policy was recently released by the Ministry of Electronics and Information Technology (MeitY).  Within three years, the strategy intends to boost India's share of global additive manufacturing to 5% and add USD 1 billion to the country's GDP. It also plans to build 50 India-specific material, machine, and software innovations, 100 new additive manufacturing firms, 500 new products, and educate at least 1 lakh new skilled people. The ideas of 'Make in India' and 'Atmanirbhar Bharat Abhiyan', which urge self-reliance via technological transformation of the production paradigm, are included into the Policy. 3D printing, also known as additive manufacturing, is a process that employs materials such as plastics and metals to turn computer-aided design goods into genuine three-dimensional things.  3D printing is the inverse of subtractive manufacturing,
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Secretariat for organising G20 Summit 2023, approved. ~Preet. The Union Cabinet recently initiated the process of establishing a Secretariat to oversee the operations of organising the G20 summit in 2023. From the 1st of December 2022 until the 30th of November 2023, India will preside over the international body as its President, paving the way for the G20 summit to be held in India. The Secretariat will remain operational until February 2024. It would also enable long-term capacity building for India's leadership on global challenges at multilateral fora, including knowledge and skills. In December 2021, Indonesia will inherit the G20 Presidency. G20 is a coalition of 19 nations and the European Union (EU), with representatives from the International Monetary Fund and the World Bank. It lacks a fixed secretariat or headquarters. The membership is made up of the world's greatest advanced and emerging nations, comprising around two-thirds of the world's population, 85 perce