PIB News Synopsis 29th November 2019

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1)Promotion of e-agriculture:- For promotion of technology in agriculture sector, following initiatives have been taken:

i)The Indian Council of Agricultural Research (ICAR) has established a network of 715 Krishi Vigyan Kendras (KVKs) in the country mandated with Technology Assessment and Demonstration for its Application and Capacity Development (TADA–CD).

ii)Agro-advisories are given to the farmers through various service providers and the mKisan portal. mKisan portal is a platform which provides web-based mobile advisory to farmers with the technological backstopping from Research Institutes and Agricultural Universities supporting farmers.

iii)Government is also using satellite data and GIS Technology for Crop Production Estimation, Horticultural Inventory, Site Suitability Analysis for crop expansion and Drought Assessment.

iv)Government is also implementing National Agriculture Market (e-NAM) scheme for transparent price discovery for remunerative prices for the farmers for their produce through competitive online bidding system.

v)Under Marketing Research & Information Network (MRIN) Scheme, support is provided to the States towards setting up and maintaining connectivity with Agmarknet portal for collection and dissemination of market information on arrivals and prices of agri-commodities.

2)Eight Core Industries:-

ii)Crude Oil
iii)Natural Gas
iv)Refinery Products

3)The Insolvency and Bankruptcy Code, 2016:– The Insolvency and Bankruptcy Code, 2016 (Code) envisages corporate insolvency resolution process (CIRP) for reorganisation and insolvency resolution of corporate debtors.

An insolvency professional conducts the CIRP and manages its operations during the CIRP.

The Insolvency and Bankruptcy Code ecosystem

National Company Law Tribunal (NCLT) – The adjudicating authority (AA), has jurisdiction over companies, other limited liability entities.

Debt Recovery Tribunal (DRT) has jurisdiction over individuals and partnership firms other than Limited Liability Partnerships.

The Insolvency and Bankruptcy Board of India (IBBI) – apex body for promoting transparency & governance in the administration of the IBC; will be involved in setting up the infrastructure and accrediting IPs (Insolvency Professionals (IPs) & IUs (Information Utilities).

It has 10 members from Ministry of Finance, Law, and RBI.

Information Utilities (IUs) – a centralized repository of financial and credit information of borrowers; would accept, store, authenticate and provide access to financial data provided by creditors.

IPs– persons enrolled with IPA (Insolvency professional agency (IPA) and regulated by Board and IPA will conduct resolution process; it will act as Liquidator/ bankruptcy trustee; they are appointed by creditors and override the powers of the board of directors.

IPs have the power to furnish performance bonds equal to assets of the company under insolvency resolutions

Adjudicating authority (AA) – would be the NCLT for corporate insolvency; to entertain or dispose of any insolvency application, approve/ reject resolution plans, decide in respect of claims or matters of law/ facts thereof.

4)Exercise SURYA KIRAN:- Joint military exercise ‘SURYA KIRAN – XIV’ between India and Nepal will be conducted at Salijhandi, Rupendehi district of Nepal from 03 to 16 December 2019.

5)World AIDS Day:-The Government is organizing an event to commemorate World AIDS Day on 1st December, 2019 in New Delhi. The theme of the event is “Communities make the difference”.

Test for HIV : ELISA Test

As per latest estimations (2017), there are around 21.40 lakh People Living with HIV/AIDS (PLHIV) in India.

6)General Purpose Wagon Investment Scheme (GPWIS):- Ministry : Ministry of Railways.

As there was long term demand from Railway Freight Wagons Users (PSUs, Industries and other stakeholders) for better and timely availability of General Purpose Wagons (GPW) it was decided by Ministry of Railways in April 2018, to introduce a scheme for investment in General Purpose Wagons.

7)SHE-BOX:– Ministry of Women and Child Development, Government of India has developed an online complaint management system titled Sexual Harassment electronic–Box (SHe-Box) for registering complaints related to sexual harassment at workplace by women, including government and private employees. Once a complaint is submitted to the SHe-Box portal, it directly reaches to the concerned authority having jurisdiction to take action in the matter.

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