PIB

Daily PIB

Daily PIB/ 04 March

General Studies- II

Topic- Statutory, regulatory and various quasi-judicial bodies.

The National Commission for Protection of Child Rights 

Context:

National Commission for Protection of Child Rights (NCPCR) Celebrates its 17th Foundation Day, recently. 

About the NCPCR:

NCPCR was set up in March 2007 under the Commissions for Protection of Child Rights (CPCR) Act, 2005, an Act of Parliament (December 2005).

  • The Commission began operational on 5 March 2007.
  • NCPCR is a statutory body under the administrative control of the Ministry of Women & Child Development, Government of India. 

Mandate: 

  • The Commission’s Mandate is to ensure that all Laws, Policies, Programmes, and Administrative Mechanisms are in consonance with the Child Rights perspective as enshrined in the Constitution of India and also the UN Convention on the Rights of the Child. 

Definition of a Child:

Under the CPCR Act, The Child is defined as a person in the 0 to 18 years age group.

Functions of NCPCR:

Under the RTE Act, 2009, the NCPCR can:

  • Inquire into complaints about violation of the law.
  • Summon an individual and demand evidence.
  • Seek a magisterial enquiry.
  • File a writ petition in the High Court or Supreme Court.
  • Approach the government concerned for prosecution of the offender.
  • Recommend interim relief to those affected.

Composition of NCPCR:

  • This commission has a chairperson and six members.
  •  Of which at least two should be women.
  • These are appointed by Central Government for three years.
  • The maximum age to serve in commission is 65 years for Chairman and 60 years for members.

General Studies- II

Topic: Issues relating to development and management of Social Sector/Services relating to Health, Education, Human Resources.

NEAT 3.0

Context:

Union Education Minister launches NEAT 3.0 and AICTE prescribed technical books in regional languages. 

What is it?

  • NEAT 3.0 is a single platform to provide the best-developed ed-tech solutions and courses to students of the country. 
  • More than 12 lakhs socially and economically disadvantaged students have received free ed-tech course coupons worth over ₹253 crore under NEAT 3.0.

What is the NEAT?

National Educational Alliance for Technology (NEAT) is an initiative to provide the use of best-developed technological solutions in the education sector to enhance the employability of the youth on a single platform for learners’ convenience. 

  • These solutions use Artificial Intelligence for a personalized and customized learning experience for better learning outcomes and skill development in the niche areas. 
  • AICTE, MoE is acting as the facilitator in the process while ensuring that the solutions are freely available to a large number of socially and economically backward students. 

NEAT has 58 Education Technology Companies with 100 products that help to develop employable skills, capacity building, and bridge learning gaps.

Significance:

NEAT will be a game-changer in bridging the digital divide, especially among the economically disadvantaged students and also in fulfilling the knowledge-based requirement of India and the world.

General Studies- II

Topic- Government policies and interventions for development in various sectors and issues arising out of their design and implementation.

Special Liquidity Scheme for NBFCs and HFCs

Context:

With a view to improving the liquidity position of NBFCs as well as HFCs, the Union Minister for Finance & Corporate Affairs announced a launch of a Special Liquidity Scheme.

Key features of the Scheme:

RBI will provide funds for the Scheme by subscribing to government guaranteed special securities issued by the Trust. 

  • The total amount of such securities issued outstanding shall not exceed Rs. 30,000 crores at any point of time.  
  • Government of India will provide an unconditional and irrevocable guarantee to the special securities issued by the Trust. 
  •  
  • The Scheme is being launched on July 1, 2020 through a Special Purpose Vehicle in the form of SLS Trust set up by SBI Capital Markets Limited (SBICAP).

Eligibility:

Any NBFC including Microfinance Institutions registered with RBI under the Reserve Bank of India Act, 1934 (excluding those registered as Core Investment Companies).

Any HFC registered with the National Housing Bank (NHB) under the National Housing Bank Act, 1987.

These must be complying with the following broad conditions:

  • Compliance with RBI regulations on Capital adequacy
  • Net NPA is less than 6% as on 31.03.2019
  • Net profit in at least one of the two preceding financial years
  • Rated as investment grade by a rating agency

Significance:

This facility is a part of the Government of India and RBI’s efforts to alleviate the concerns of the market participants on the availability of funds to the sector.

General Studies- II

Topic – Development processes and the development industry —the role of NGOs, SHGs, various groups and associations, donors, charities, institutional and other stakeholders.

Invest India programme

Context:

ITC Paperboards has collaborated with the Invest India to launch the ‘ITC Sustainability Innovation Challenge’.

It would support innovative start-up ideas on sustainable packaging and smart waste management solutions. 

What is the ‘Invest India’ initiative?

‘Invest India’ is India’s official agency dedicated to investment promotion and facilitation. 

  • It is set up as a nonprofit venture under the Department of Industrial Policy and Promotion, Ministry of Commerce and Industries, Government of India. 
  • It was set up in 2010 for prospective overseas investors and to those aspiring Indian investors desiring to invest in foreign locations.
  • It acts as a structured mechanism to attract investment. Invest India is essentially an Investment Promotion Agency in India.

Mandate:

The core mandate of Invest India is investment promotion and facilitation

  • It provides sector-specific and state-specific information to a foreign investor, assists in expediting regulatory approvals, and offers hand-holding services. 
  • To assist Indian investors to make informed choices about investment opportunities overseas.
  •  
  • Functions
  • Invest India provides aftercare services that include initiating remedial action on problems faced by investors by involving the Government Departments concerned.
  • Invest India regularly partners with similar agencies across the world in an endeavor to enhance bilateral investment and economic engagement. 

Significance:

Invest India is intended to become the first reference point for the global investment community – both domestic and foreign. Make in India campaign / programme is managed by Invest India.

Chrome facts for Prelims

Sagar Parikrama

‘Sagar Parikrama’ is envisaged in the sea across the coastal belt demonstrating solidarity with all fisher folk, fish farmers and concerned stakeholders as a spirit of Aatmanirbhar Bharat.

  • It is organised by The Department of Fisheries along with Department of Fisheries, Government of Gujarat, Indian Coast Guard, Fishery Survey of India, Gujarat Maritime Board and fishermen representatives on 5th March 2022. 
  • The Parikrama, starting from Mandvi at Shyamiji Krishna Varma Memorial, Gujarat, as a part of ‘Azadi Ka Amrit Mahotsava’, is an endeavour to know the problems of Coastal Fisher folk. 
  • It will be organised in other districts of Gujarat and other State/UTs in subsequent phases.

 

Stree Manoraksha Project

  • The “Stree Manoraksha project” was launched by the Union Minister for Women and Child Development, Smt. Smriti Zubin Irani. 
  • The project is aimed at extending mental health training to 6000 ‘One Stop Centre’ (OSCs) functionaries across India. 
  • Smt. Irani said that, One Stop Centre ‘Sakhis’ are the sentinels who guard the rights of women and children in the country.

 

Civil Accounts Day

The 46th Civil Accounts Day has celebrated on 2nd March 2022 at Dr Ambedkar International Centre, Janpath, New Delhi.

  • On this occasion, Smt. Nirmala Sitharaman launched the e-Bill system for Central Government Ministries.

The e-Bill system:

It is a major step forward in realizing the vision of “Digital India” and promoting ease of doing business

In a phased manner, the new system will make the entire process of submission and backend processing of bills completely paperless and transparent.  

The objectives of the system are to:

  • Provide convenience to all vendors/suppliers of the government to submit their bills/claims at anytime, from anywhere.
  • Eliminate physical interface between suppliers and government officers.
  • Enhance efficiency in processing of bills/claims.
  • Reduce discretion in processing of bills through “First-In-First-Out” (FIFO) method.

Need for:

Currently, the suppliers of various goods and services to the Government have to submit physical, ink signed copies of their bills to the respective Ministries/Departments/offices of the Government of India.

  • Similarly, the government employees also need to submit hard copies of their claims.  
  • At the backend too, the processing of bills is done through a mixed system of physical and digital modes.
  • So, the suppliers/vendors or their representatives need to visit the offices to deliver bills.  Moreover, they are unable to track the status of processing of their bills. 

How it will work?

Under the newly launched e-Bill system, vendors/suppliers can upload their bills online along with supporting documents from the convenience of their homes/offices at any time through digital signature. 

  • For those not having a digital signature, the facility of e-sign using Aadhaar has also been provided. 
  • So, the suppliers will no longer be required to visit the offices concerned for this purpose.

Latest Courses

Under The Guidance of Ravika Purohit

Under The Guidance of Mridul Purohit

Under The Guidance of Mridul Purohit

Under The Guidance of Mridul Purohit

For Daily Updates