The Hindu Newspaper 27/05/2020

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1) With respect to Foreigners Tribunal, consider the following statements:

  1. Foreigners (Tribunals) Order, 1964, is applicable to the whole country and is not specific to any state.
  2. The powers to constitute such foreigners tribunal were vested only with the Centre.

Which of the statement(s) given above is/are correct?

  • a.  1 only
  • b.  2 only
  • c.  Both 1 and 2
  • d.  Neither 1 nor 2

The MHA has amended the Foreigners (Tribunals) Order, 1964, and has empowered district magistrates in all States and Union Territories to set up tribunals to decide whether a person staying illegally in India is a foreigner or not. Earlier, the powers to constitute tribunals were vested only with the Centre.

2)Consider the following statements with respect to Speaker Pro Tem

  1. Usually, the senior most member is selected as Speaker Pro Tem.
  2. The President him/herself administers oath to the Speaker Pro Tem.

Which of the statement(s) given above is/are correct?

  • a.  1 only
  • b.  2 only
  • c.  Both 1 and 2
  • d.  Neither 1 nor 2

3)Which of the following committees is often described as a “Super Cabinet”?

  • a.  The Political Affairs Committee
  • b.  The Economic Affairs Committee
  • c.  The Appointments Committee
  • d.  The Parliamentary Affairs Committee

Solution : Of all the Cabinet Committees, the most powerful is the Political Affairs Committee, often described as a Super-Cabinet.

Map of the Day :-

News:- ‘No WHO bar on India testing HCQ as  preventive

The World Health Organisation’s (WHO) moratorium  on testing hydroxychloroquine (HCQ), the  controversial  anti­malarial drug, for treating COVID-­19, doesn’t imply that India should  pause  testing the drug as a preventive.

HCQ was one of four drug combinations  being  tested in a global clinical trial, called Solidarity Trial.

Which were the 4 :

Remdesivir; 

Lopinavir/Ritonavir; 

Lopinavir/Ritonavir with Interferon beta1a; 

and hydroxychloroquine.

What was found recently :– The latest such study published in the medical journal Lancet found that in 96,000 hospitalised SARSCoV-2  patients across six continents,  there  was no  benefit — even additional harm of cardiac arrhythmia — in those being treated with HCQ. 

2) FSDC :-

  • The Financial Stability and Development Council (FSDC) was constituted in December, 2010. The FSDC was set up to strengthen and institutionalise the mechanism for maintaining financial stability, enhancing inter-regulatory coordination and promoting financial sector development.
  • An apex-level FSDC is not a statutory body.

Composition:

The Council is chaired by the Union Finance Minister and its members are Governor, Reserve Bank of India; Finance Secretary and/or Secretary, Department of Economic Affairs; Secretary, Department of Financial Services; Chief Economic Adviser, Ministry of Finance; Chairman, Securities and Exchange Board of India; Chairman, Insurance Regulatory and Development Authority and Chairman, Pension Fund Regulatory and Development Authority. It also includes the chairman of the Insolvency and Bankruptcy Board (IBBI).

Recently, the government through a gazette notification, had included ministry of electronics and information technology (MeitY) secretary in the FSDC in view of the increased focus of the government on digital economy.

What it does?

The Council deals, inter-alia, with issues relating to financial stability, financial sector development, inter–regulatory coordination, financial literacy, financial inclusion and macro prudential supervision of the economy including the functioning of large financial conglomerates. No funds are separately allocated to the Council for undertaking its activities.

News:- Glenmark to conduct ‘FAITH’ trials

With the number of COVID-19 patients rising in  India, Glenmark Pharmaceuticals Ltd., has  announced a new randomised, open label study to test the combined efficacy of two antiviral drugs — Favipiravir and  Umifenovir  — as a  potential COVID-19 treatment strategy.

FAITH – (FA vipiravir plus Um I fenovir  (efficacy  and safety)  Trial in Indian Hospital setting).

News:- Fisheries scheme has no relief component.

The PMMSY will increase fish production by 9%,  double incomes of fishers  and double export earnings by 2024-25. It involves investments of more than ₹20,000 crore  from Centre,the States and beneficiariesover a five year period. But the Problem is there is no immediate Financial relief mechanism to help the fisherman.

News:- Bug Bounty Program:- The government has alsolaunched a “Bug Bounty” programme wherein financial rewards will be given to security researchers for finding any vulnerability in the application(Arogya Setu) or suggesting improvements  to the source code. The Code is now in Open Source.

News :- Bev Q :- Google has accorded its approval  to the mobile virtual queue management app,  Bev Q, clearing thedecks for the reopening of liquor  outlets in compliance with physical distancing norms. Bev Q is a mobile app which will generate  virtual tokens in a bid to reduce rush at liquor outlets

The app, developed by the Kochi based startup Faircode Technologies Private Limited.

News:- Twin Goals of Self Reliance :- The twin goals of self reliance The Prime Minister’s vision for a self reliant  India is based on two complementary goals: self reliance of our citizens to control their outcomes and self reliance of the nation to control its destiny.

For our aspirational classes, the economic package provides adequate support to achieve the outcomes they set for themselves.  Opportunities are being provided interms of loans to start and sustain  livelihoods. The package also aims to reskill our workers.  As a country, selfreliance is a concerted effort at building institutional capacities.

Editorial of the Day :- How India can become self reliant 

Challenges In becoming self-reliantSuggested solution
1. Poor Performance of PSU – PSU’s are characterized by low productivity, poor quality and low technology and thus are globally uncompetitive.· Privatization of PSU – Management and control by private sector will improve efficiency and quality of goods and services.
2. Missed “3rd Industrial Revolution” – Decade of 2008-2018 is considered as lost decade in India as we could not participate in ‘third industrial revolution’. It comprises of manufacture of electronic goods, micro-processors, personal computers, mobile phones and decentralized manufacturing and global value chains.· Promoting make in India – India has largest consumer base in world, which necessitates the participation in 3rd industrial revolution and can be done via Make in India program.
3. Abysmally low R&D to GDP ratio – Unlike countries like South Korea, Taiwan invested in R&D in science and technology to promote manufacturing of high-end products domestically. India totally bypassed its manufacturing sector to give way to service sector.· Increasing R&D to GDP ratio – State-funded R&D, by PSUs, research institutions and universities needs to be scaled-up significantly.
4. Lack of quality mass education – Investment in human resource is of utmost importance in order to become self-reliant especially for 3rd industrial revolution. However, Indian education system fails to offer quality education and skill-set to its youth.· Promoting quality education – Investment in quality infrastructure, teachers and academia-industry relation is needed to reap the demographic dividend of nation.

Way Forward – Self-reliance need development of capabilities at home as well as mobilizing resources domestically and internationally. This needs concentrated efforts by government, private sector as well as participation of citizens to embark on path of NEW INDIA which is Atma-Nirbhar.

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