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Saturday, January 22, 2022

The HINDU Notes – 22nd January 2022

23:11

 

📰 People can soon invest in infra projects: Gadkari

Minister says SEBI nod awaited to allow investments of at least ₹1 lakh in projects

•The Union government is awaiting approval of the Securities Exchange Board of India (SEBI) for enabling common citizens to invest at least ₹1 lakh in infrastructure projects under a new model for asset monetisation, Road Transport and Highways Minister Nitin Gadkari said on Friday.

•“Most of the pension funds and foreign investors are investing in the projects. But we should take the cooperation of Indian people, particularly those who can invest minimum ₹1 lakh in road projects, for which we have already developed a new model. We are awaiting approval from SEBI so that the common man can invest in NHAI (National Highways Authority of India). We are trying to give him an assured income of 7.5% to 8%,” Mr. Gadkari said at the “Countdown to Budget 2022” event organised by The Hindu BusinessLine, in association with BoB Financial, the credit card arm of Bank of Baroda, and Hitachi India.

•“My interest is to give benefit to the poor people of this country, who can invest in their economy, because in India we have problems in pension, insurance and share economy. For that reason, if small people can invest in infrastructure and get 7.5% to 8% interest, it can be a great thing for them to contribute to infrastructure development and at the same time benefit from that,” the Minister said.

•Speaking about the upcoming Union Budget, Mr. Gadkari said he was hopeful that the proposals will expedite the growth of the Indian economy to make it the largest economy in the world.

Advice to industry

•Mr. Gadkari said that Indian industry and entrepreneurs should seize the opportunity arising from the “problems” facing China and “go for more exports” riding on the back of talent, availability of raw materials, power, and good infrastructure, to make the economy strong.

•Stressing that agriculture was the “most important priority” of the government, he outlined several initiatives taken, which will create more jobs in rural, tribal and 120 aspiring districts.

Ethanol production

•India’s ethanol production is currently 400 crore litres. This year, it’s likely to go up to 550 crore litres as against a basic requirement of 4,000 crore litres.

•The government, Mr. Gadkari said, was working on biofuel and alternate fuel to save on India’s huge oil import bill, besides acting as a bulwark for the greening of the automobile industry.

Flex engines

•“We have taken a decision to use flex engines in two, three and four wheelers,” Mr. Gadkari said. Flex engines can use petrol or bio ethanol, which will reduce the demand for petrol, he said, adding that automobile manufacturers are in a position to launch flex engine vehicles in the market.

•The turnover of the automobile industry is ₹7.5 lakh crore, of which ₹3.5 lakh crore are exports. “Within five years, the size of this industry will grow to ₹15 lakh crore, and this is the industry which is giving the maximum employment potential and revenue to the States and Centre. So, this can be a great driving force behind the growth of India, and the automobile industry is the future. I am expecting the Indian automobile industry to become the No. 1 manufacturing hub in the world,” he said.

•On vehicle scrappage, the Minister said that the country needs at least one scrapping centre in each district and two-three centres in some of districts.

•The most important part of the scrapping policy is that it will reduce the import of aluminium and copper. “By scrapping, we can get steel, aluminium and copper at very low rates by which we can reduce the cost of components by 25-30%. That is a great advantage to Indian automobile industry,” Mr. Gadkari said.

📰 Wrong remedy: On IAS, IPS deputation rule changes

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THE HINDU NEWSPAPER IMPORTANT ARTICLES 22.01.2022

22:58
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Friday, January 21, 2022

Daily Current Affairs, 21st January 2022

20:47

 


1)  Centre appoints Vikram Dev Dutt as new CMD of Air India

•Senior bureaucrat Vikram Dev Dutt has been appointed as the chairman and managing director (CMD) of Air India Ltd. Dutt is a 1993-batch IAS officer of AGMUT (Arunachal Pradesh, Goa, Mizoram and Union Territory) cadre. He has been appointed as the Air India chief in the rank and pay of Additional Secretary, an order issued by the Personnel Ministry. Prior to this, he was the Principal Secretary (Tourism) in Delhi government.


•The Centre had in October last year accepted Tata Son’s bid of Rs 18,000 crore to acquire 100 per cent of the debt-laden state-run carrier. The takeover has not been completed yet. Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, had made the winning bid of Rs 2,700 crore cash and Rs 15,300 crore debt takeover.


2)  1st BRICS Sherpas meeting of 2022 held under Chinese chairship

•The first BRICS Sherpas meeting of 2022 was held virtually on January 18-19 2022, with the members thanking India for its BRICS chairship in 2021. China has taken on the rotating chairmanship of BRICS in 2022. BRICS is a grouping of five major emerging economies — Brazil, Russia, India, China, and South Africa.


•Meanwhile, Sanjay Bhattacharyya India’s BRICS Sherpa said that Last year we saw a significant achievement that our foreign ministers brought about in terms of the document on the strengthening and reform of the multilateral systems. These issues of global governance, particularly the UN systems and other institutions, are extremely important. And I’m happy that we shall continue to attach high importance to its continued relevance.


3)  Jahnavi Dangeti becomes first Indian to complete prestigious Nasa programme

•Jahnavi Dangeti, a young girl from Andhra Pradesh, has just completed NASA’s International Air and Space Program (iasp nasa) at the Kennedy Space Centre in Alabama, US, making her the first Indian to accomplish this feat. She is part of a carefully shortlisted group of 20 students from around the world. She has been a campus ambassador for numerous organisations, including Star (Space Technology and Aeronautical Rocketry), an Indian private aerospace company. She is a member of the International Organization of Aspiring Astronauts (IOAA). She participated in many events and workshops of Nasa, Isro and other space agencies.


4)  ILO Report: Global unemployment level in 2022 projected at 207 million

•The International Labour Organisation (ILO) has released its World Employment and Social Outlook – Trends 2022 (WESO Trends) report. The report analyses comprehensive labour market projections for 2022 and 2023 and assesses how labour market recovery has unfolded worldwide. In the WESO 2022, ILO has downgraded its forecast for labour market recovery in 2022.


5)  RBI announces Digital Payments Index for September 2021

•The RBI’s Digital Payment Index, which shows the deepening of payments through digital modes in India, rose by 39.64 per cent to 304.06 in September 2021 against 217.74 in the year-ago month. The RBI-DPI Index continues to demonstrate significant growth in adoption and deepening of digital payments across the country. RBI has introduced Digital Payments Index in January 2021 with March 2018 as the base year to capture the extent of digitisation of payments across the country. This means that the DPI score for March 2018 is set at 100.


•RBI has started publishing the Digital Payments Index (DPI) on a semi-annual basis from March 2021 onwards with a lag of 4 months. This means that the DPI will be released by RBI for March and September every year in the months of July and January respectively.


6)  Pfizer CEO Albert Bourla wins $1 million Genesis Prize for COVID-19 vaccine

•The global pharmaceutical giant Pfizer Inc.’s Chairman and Chief Executive, Albert Bourla, has been awarded with the prestigious Genesis Prize 2022 on January 19, 2022. He has been awarded for his efforts in leading the development of a COVID-19 vaccine (Pfizer–BioNTech COVID-19 vaccine). The award comes with a cash prize of $1 million.


7)  Oxford University Press declares ‘Anxiety’ as Children’s Word of the Year 2021

•The Oxford University Press (OUP) has picked up ‘Anxiety’ as the Children’s Word of the Year 2021, based on their recent research. Apart from “anxiety” (21%), “Challenging” (19%), “isolate” (14%), “Wellbeing” (13%) and “resilience” (12%) were the children’s top five words. In 2020, Coronavirus was the Children’s Word of the Year by OUP.


•Over 8,000 children from across 85 schools in the UK, spanning Year 3 to Year 9, were surveyed and asked to choose the top words they would use when talking about health and wellbeing. The research highlights the widespread impact lockdown and school closures had on children, with almost a quarter of all surveyed choosing anxiety (21 per cent) as their number one word, closely followed by challenging (19 per cent) and isolate (14 per cent). However, wellbeing (13 per cent) and resilience (12 per cent) closely followed as their top words, signalling children’s positive attitude in the face of recent challenges.


8)  Dileep Sanghani named as new Chairman of IFFCO

•The board of directors of the Indian Farmers Fertiliser Cooperative (IFFCO) has unanimously elected Dileep Sanghani as the 17th Chairman of the Cooperative. He succeeds Balvinder Singh Nakai, who passed away earlier on October 11, 2021. Prior to this, Sanghani was serving as vice-chairman of IFFCO since 2019.


•Sanghani is a senior co-operator from Gujarat and the chairman of the Gujarat State Cooperative Marketing Federation Ltd. (GUJCOMASOL), a position he has held since 2017. He held various portfolios in the Gujarat government, including agriculture, cooperation, animal husbandry, fisheries, cow-breeding, prison, excise, law and justice, legislative and parliamentary affairs.


9)  Vijay Shekhar Sharma named as ambassador of Internet panel on languages UASG

•Paytm founder Vijay Shekhar Sharma has been roped in as the Ambassador of Universal Acceptance Steering Group (UASG), a community-based team of industry leaders supported by global internet body ICANN. UASG works on developing and recommending standards for languages script that are not currently used to access the internet. The Internet Corporation for Assigned Names and Numbers (ICANN) aims to help ensure a stable, secure, and unified global Internet. Its headquarter is based at California, United States.


10)  Ind-Ra Projects India’s GDP Growth Rate at 7.6% in FY23

•India Ratings and Research (Ind-Ra) has projected the real gross domestic product (GDP) growth rate of the Indian economy to grow at 7.6 per cent year-on-year in 2022-23 (FY23). Ind-Ra is a wholly-owned subsidiary of the Fitch Group. The economic recovery was encouraging, he said, and restrictions put in place by many states to contain the current wave of Covid-19 were not as severe as the second wave. Nonetheless, there are risks to the ongoing recovery, the rating agency warned.


•It pointed to the latest FY22 GDP advance estimates, which show that private final consumption expenditure (PFCE) — the largest component of GDP (58.6 per cent) from the demand side and a proxy for consumption demand — is projected to grow only 6.9 per cent YoY in the current year, despite a low base and sales data of many consumer durables showing robust growth.


11)  Chanchal Kumar named as new MD of NHIDCL

•Chanchal Kumar has been appointed as the Managing Director, National Highways & Infrastructure Development Corporation Ltd (NHIDCL), under the Ministry of Road Transport & Highways (MoRTH). He is appointed in the rank and pay of Additional Secretary. He is a 1992 batch IAS officer of Bihar cadre, presently Principal Secretary of Bihar’s Chief Minister Nitish Kumar.


•The Appointments Committee of the Cabinet has also approved the extension in the central deputation tenure of Ashutosh Jindal, Additional Secretary, Cabinet Secretariat for 1 year beyond 16th February 2022 to 16th February 2023.

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The HINDU Notes – 21st January 2022

13:51

 


📰 Fall in deputations to Centre in 2021

Only 10% mid-level IAS officers were posted with Union govt.

•Only 10% mid-level IAS officers were posted with the Union government in 2021, a sharp fall from 19% in 2014. The decrease in central deputation of IAS officers becomes even more stark as the total pool of such officers at this level expanded from 621 in 2014 to 1130 in 2021, an increase of around 80%.

•According to data available with the Department of Personnel and Training (DoPT), the number of central deputation reserve of IAS officers has gone down from 309 in 2011 to 223.

•A senior government official said on Thursday that DoPT’s proposal to amend Rule 6 (deputation of cadre officers) of the Indian Administrative Service (Cadre) Rules 1954 was necessitated as the number of officers available under Central Deputation is not sufficient to meet the requirement of Government of India (GoI).

•The Hindu reported on January 19 that four amendments are proposed that will enable the Union government to seek the services of an Indian Administrative Service (IAS), Indian Police Service (IPS) and Indian Forest Service (IFoS) officer posted in a State even without the State government’s consent. The Centre will be able to relieve an officer from their cadre if the State government does not give effect to the Central government’s decision within the specified time.

•The official stated that the existing rules did not have specific provisions to cater to situations when services of an All India Service (AIS) officer may be warranted in the Centre to meet specific situations such as a major disaster or national security. “Similarly, services of an AIS officer with a specific domain expertise may be required for any important time-bound flagship programme or project. The extant Cadre Rules do not have specific provisions to cater to such situations, which have now been proposed through these amendments,” the official explained.

•AIS officers are recruited by the Union Government and their services are placed under various State Cadres, and it is incumbent upon the members of service to serve both under the State and the Centre, said the official.

•The total strength of any cadre is calculated by including central deputation reserve (CDR), which is around 40% of the sanctioned posts.

•“However, a trend of decreasing representation of IAS officers up to joint-secretary level has been noticed as most of the States are not meeting their CDR obligations and the number of officers sponsored by the States to serve the Union government are much less than the reserve,” said the official.

•The CDR utilisation has gone down from 25% in 2011 to 18% presently.

•“In spite of increase of IAS officers at Deputy Secretary/Director level in IAS from 621 in 2014 to 1130 in 2021, the number of such officers on central deputation has gone down from 117 to 114 during the period,” said the official.

•The official asserted that the requirement from the States is only to sponsor adequate number of officers to be posted with the Centre. “The actual number of officers to be deputed here is to be decided only in consultation with the State government,” the official said. One of the proposed change is the Union will decide the actual number of officers to be deputed to the Centre in consultation with the State government and the latter should make available the names of such officers.

•Around 40% or 390 Central Staffing Scheme (CSS) posts are at joint secretary level (more than 19 years experience) and 60% or 540 such posts are at the rank of deputy secretary (nine years) or director rank (14 years of service).

📰 Supreme Court upholds validity of OBC quota in NEET admissions

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Raus IAS Focus Monthly Magazine January 2022 PDF

09:08

Raus IAS Focus Monthly Magazine January 2022 PDF

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Modern History By Tutorials Point

08:46

 Modern History By Tutorials Point

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THE HINDU NEWSPAPER IMPORTANT ARTICLES 21.01.2022

08:32
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Thursday, January 20, 2022

Apala Mishra IAS Complete Topper Notes [AIR 9, 2020] PDF

18:43

 Apala Mishra IAS Complete Topper Notes [AIR 9, 2020] PDF

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Daily Current Affairs, 20th January 2022

18:35

 


1)  Israel Completed A Successful Flight Test Of The Arrow-3

•The test was performed at a test site in central Israel, and led by Israel Aerospace Industries (IAI). It was developed in a joint project between the Defense Ministry’s Missile Defense Organization and the American Missile Defense Agency.


•The Arrow 3 was first tested successfully in February 2018, after months of delays and technical problems. It is considered one of the most powerful weapons of its kind in the world and has been in development since 2008.


2)  Lt Gen Manoj Pande Appointed As Next Army Vice Chief

•The Government approved the proposal for appointment of Eastern Army Commander Lieutenant General Manoj Pande as the next Vice Chief of Army Staff.


•General Pande would be the successor to Lt Gen CP Mohanty who is scheduled to superannuate on January 31. General Pande was commissioned into the Corps of Engineers (The Bombay Sappers) in December 1982. He was Director-General at Army Headquarters dealing with subjects of discipline, ceremonial and welfare.


3)  The Union Cabinet Approved Infusion Of 1500 Crore Rupees In IREDA

•The Union Cabinet approved infusion of 1500 crore rupees in Indian Renewable Energy Development Agency Limited.


•It will help generate 10,200 jobs a year and reduce carbon emissions equivalent to approximately 7.49 million tonnes per year. The IREDA played a big role in the field of renewable energy and its portfolio had increased from ₹8,800 crore to ₹28,000 crore in the past six years.


•IREDA is a Non-Banking Financial Institution engaged in promoting, developing, and extending financial assistance for setting up projects relating to new and renewable sources of energy.


4)  The MoHUA Announced The Initiation Of The Open Data Week

•The Union Ministry of Housing and Urban Affairs (MoHUA) announced the “Open Data Week” that will see participation from all the 100 smart cities, a move aimed at ensuring a collaborative effort towards making Indian cities “data smart”. The Open Data Week will be conducted during the third week of January from 17th January 2022 to 21st January 2022.


•It is divided into two segments — first, uploading of datasets, visualisation, APIs and data blogs on the Smart Cities Open Data Portal from January 17 to January 20 and second, the celebration of a “Data Day” by all smart cities on January 21.


5)  SEBI Launches Saa₹Thi Mobile App On Investor Education

•The new app aims to empower investors with accurate knowledge about the securities market. The app will cater largely to individual investors, who have recently entered the markets and carry out trading via their mobile phones. The app will be helpful in easily accessing all the relevant information like the basic concepts of Securities Market, KYC Process, trading and settlement, mutual funds, recent market developments, investor grievances redressal mechanism, etc.


•It is currently available in Hindi and English.

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Civil Services Complete Optional Mains Question Paper 2021 PDF

10:26

 Civil Services  Complete Optional Mains Question Paper 2021 PDF

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