Highlights |UPSC Exam Current Affairs 06-02-2020
UPSC exam current affairs 06-02-2020 The following article contains all the updated events and news for IAS Preparation. Our daily IAS Current Affairs and News cover the most important topics to give precise information to the reader and IAS Aspirants.
- Trust formed
- Navy will have its third Scorpene sub this year
- ‘LIC IPO will certainly happen next year’
- Indian Polity & Federalism
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UPSC Exam Current Affairs 06-02-2020 are followed in the part below:
UPSC Exam Current Affairs and News Analysis (06-02-2020)
Trust formed
Part of: GS Prelims and GS Mains II – Polity
In news:
- Bureau had affirmed the development of an amazing Ram sanctuary in Ayodhya
- Setting up a self-ruling trust, the Shri Ram Janmabhoomi Teerth Kshetra,
- There would be 15 trustees, out of which one would consistently be from the Dalit society.
CPCB pulls up 14 coal plants
Part of: GS Prelims and GS Mains II – Polity
In news:
- Focal Pollution Control Board (CPCB) has pulled up 14 warm force plants for not agreeing to a December 31, 2019 cutoff time to confine sulfur dioxide emanations.
From Prelims Point of view :
CPCB :
- CPCB has the ability to force soak fines or shut a unit under the arrangements of the Environment Protection Act.
- Focal Pollution Control Board (CPCB) of India is a statutory association under the Ministry of Environment, Forest and Climate Change (MoEF&CC).
- Set up in 1974 under the Water (Prevention and Control of Pollution) Act, 1974.
- CPCB is likewise depended with the forces and capacities under the Air (Prevention and Control of Pollution) Act, 1981
PM pitches for the boost to defence exports
Part of: GS Prelims and GS Mains II – Polity
In news:
- India turned into the world’s biggest arms merchant as it didn’t use its abilities to maximum capacity after Independence.
- India was hoping to accomplish protection sends out worth ₹35,000 crores in the following five years.
From Prelims Point of view:
DefExpo
- The DefExpo is a biennial occasion sorted out by the Ministry of Defense. The eleventh release of the occasion vows to acquire new mechanical arrangements.
- Barrier Ministers from 40 nations are going to the occasion.
Navy will have its third Scorpene sub this year
Part of: GS Prelims and GS Mains II – Polity
In news:
- The third Scorpene submarine, Karanj, will be conveyed to the Indian Navy by December and every one of the six submarine conveyances would be finished by 2022
- The first Scorpene, Kulvari, was charged in 2018.
- The second Scorpene Khanderi was drafted in September a year ago.
From Prelims Point of view:
Scorpene-class submarines:
- These are a class of diesel-electric assault submarines together created by the French Direction des Constructions Navales (DCN) and the Spanish organization Navantia, and now by Naval Group.
- It highlights diesel drive and extra air-free impetus (AIP)
‘LIC IPO will certainly happen next year’
Part of: GS Prelims and GS Mains II – Polity
In news:
- The Center has shown that it might need to push through an alteration in the LIC Act, 1956 preceding the stake deal.
- At present, the administration possesses 100% of LIC, the nation’s biggest safety net provider.
- Resistance groups have questioned the divestment plan, while LIC’s representative associations have guaranteed that it would be “against national intrigue.”
Life Insurance Corporation:
- Disaster protection Corporation of India (condensed as LIC) is an Indian state-possessed protection gathering and speculation partnership claimed by the Government of India.
- The Life Insurance Corporation of India was established in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalized the protection business in India.
- More than 245 insurance agencies and opportune social orders were converged to make the state-claimed Life Insurance Corporation of India.
- Starting at 2019, Life Insurance Corporation of India had an all-out life reserve of ₹28.3 trillion.
- The all-out estimation of sold strategies in the year 2018-19 is ₹21.4 million.
- Disaster protection Corporation of India settled 26 million cases in 2018-19. It has 290 million policyholders.
(MAINS FOCUS)
Indian Polity & Federalism
Topic: General Studies 2:
- Protected bodies and their obligations
Topic: General Studies 3
- Indian Economy and issues identifying with arranging, activation, of assets, development, improvement and business.
- Government Budgeting
Fifteenth Finance Commission (15th FC)
Context
fifteenth FC (Chair N.K.Singh) comprised by the President of India under Article 280 of the Constitution on November 27, 2017, was given the expansion and as of late presented its first report
The commission was required to submit two reports, one for 2020-21 and the second covering the time of five years from 2021-22 to 2025-26
Basis for extension
- In the first place, the nullification of Statehood to Jammu and Kashmir required the Commission to make an estimation barring the Union Territory.
- Second, the deceleration in development and low swelling has considerably hindered the ostensible GDP development making projections for medium-term dangerous.
- At last, poor income execution of assessment assortment and all the more especially Goods and Services Tax joined with the way that the remuneration consent to the loss of income to the States was compelling just two years of the time of 15FC presented vulnerabilities
Notwithstanding an augmentation, making medium-term projections in the present situation would have involved genuine dangers.
Key Recommendations include:
Devolution of duties to states: The portion of states in the middle’s expenses is prescribed to be diminished from 42% during the 2015-20 time frame to 41% for 2020-21. The 1% decline is to accommodate the recently framed association domains of Jammu and Kashmir and Ladakh from the assets of the local government.
Criteria for Devolution
| Criteria | 14th FC2015-20 | 15th FC2020-21 |
| Income Distance | 50.0 | 45.0 |
| Population (1971) | 17.5 | – |
| Population (2011) | 10.0 | 15.0 |
| Area | 15.0 | 15.0 |
| Forest Cover | 7.5 | – |
| Forest and Ecology (share of the dense forest of each state in the aggregate dense forest of all the states) | – | 10.0 |
| Demographic Performance (based on Total Fertility rate) | – | 12.5 |
| Tax Effort | – | 2.5 |
| Total | 100 | 100 |
Grants-in-aid
In 2020-21, the following grants will be provided to states:
- Income deficiency awards: In 2020-21, 14 states are evaluated to have a total income shortfall of Rs 74,340 crore post-devolution. The Commission prescribed income shortfall awards for these states (see Table 4 in the annexure).
- Unique awards: For the situation of three expresses, the entirety of devolution and income shortage awards is assessed to decrease in 2020-21 when contrasted with 2019-20. These states are Karnataka, Mizoram, and Telangana. The Commission has prescribed uncommon awards to these states amassing to Rs 6,764 crore.
- Area explicit awards: The Commission has prescribed an award of Rs 7,375 crore for nourishment in 2020-21.
- Execution based awards: Guidelines for execution based awards include: (I) usage of rural changes, (ii) advancement of optimistic locale and squares, (iii) power area changes, (iv) improving exchange including sends out, (v) motivators for instruction, and (vi) advancement of residential and universal the travel industry. The award sum will be given in the last report.
- Awards to nearby bodies: The absolute awards to neighbourhood bodies for 2020-21 has been fixed at Rs 90,000 crore (4.31% of the detachable pool), of which Rs 60,750 crore is suggested for rustic neighbourhood bodies (67.5%) and Rs 29,250 crores for urban neighbourhood bodies (32.5%).
- The awards will be isolated between states dependent on populace and zone in the proportion 90:10. The awards will be made accessible to every one of the three levels of Panchayat–town, square, and locale.
- Debacle Risk Management: For 2020-21, State Disaster Risk Management Funds have been allotted Rs 28,983 crore, out of which the portion of the association is Rs 22,184 crore. The National Disaster Risk Management Funds has been designated Rs 12,390 crore.
Recommendations on the fiscal roadmap
- The inside should, in the coming year, defend halfway supported plans
- Focus and states ought to completely uncover the degree of their off-spending borrowings, prompting gathering of extra-budgetary liabilities
- The statutory structure for open money related administration: The Commission prescribed shaping a specialist gathering to draft enactment to accommodate a statutory structure for the sound open budgetary administration framework.
- Duty limit: In 2018-19, the expense income of state governments and focal government together remained at around 17.5% of GDP. India’s assessment limit generally stayed unaltered since the 1990s. The Commission prescribed: (I) widening the assessment base, (ii) streamlining charge rates, (iii) and expanding limit and aptitude of duty organization in all levels of the legislature.
- GST execution: The Commission saw that the proceeding with the reliance of states on remuneration from the focal government (21 states out of 29 states in 2018-19) for compensating for the deficiency in income is a worry. Subsequently expected to have a relook into the structure of GST.
- Separate guard and national security finance: It was referenced in the terms of reference. Be that as it may, 15 FC expects to comprise a specialist board to concentrate such a proposition and will turn out with its recommendations in the subsequent report.
Connecting the dots
- Concerns raised by the Southern States with respect to considering 2011 populace numbers, has it been tended to?
- FRBM changes prescribed by N.K.Singh Committee.
(TEST YOUR KNOWLEDGE)
Model questions: (You can now post your answers in the comment section)
Q 1. Which one of the following was probed by the Liberhan Commission?
- Test Cricket Match Fixing
- Best Bakery Case
- Tehelka Tapes Case
- Demolition of the disputed structure at Ayodhya
Q 2. How is the National Green Tribunal (NGT) different from the Central Pollution Control Board
- The NGT has been established by an Act whereas the CPCB has been created by executive order of the Government.
- The NGT provides environmental justice and helps reduce the burden of litigation in the higher courts whereas the CPCB promotes cleanliness of streams and wells, and aims to improve the quality of air in the country.
Which of the statements given above is/are correct:
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
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