Current Affairs for IAS Exams - 10 July 2019
Supreme court to examine refugee status of illegal immigrants
The Supreme Court on Tuesday agreed to examine a
“substantial question” put forth by the Union government as to whether
illegal immigrants can even be considered for ‘refugee’ status.
The court said it would examine the issue and asked the parties
and intervenors to complete pleadings by the next hearing.
The Rohingya, who fled to India after violence in the State of
Rakhine in Myanmar, are settled in Jammu, Hyderabad, Haryana, Uttar Pradesh,
Delhi-NCR and Rajasthan.
The petitions said the Centre’s move violated the constitutional
guarantee that the Indian State should “protect the life and liberty of every
human being, whether citizen or not.”
The National Human Rights Commission (NHRC) had even issued
notice to the government on the proposed deportation.
Panic struck the refugee community following media reports of a
statement made by then Union Minister of State for Home Affairs KirenRijiju in
Parliament that the Centre had directed the States to identify and deport
illegal immigrants, including Rohingya.
The UNHRC report of 2016 on rights violations and abuses against
Rohingya Muslims and other minorities in Myanmar had noted successive patterns
of serious rights violations, violations to the right to life, liberty and
security of the Rohingya by State security forces and other officials in
Rising cost of healthcare pushing families into poverty :
The Central government has admitted that 75 lakh families
fall below the poverty line annually due to the rising cost of health care
The minister for Chemical & Fertilisers informed the House that
the Central government is providing generic medicines under the
PradhanMantriBhartiyaJanaushadhiPariyojana (PMBJP) which are normally cheaper by
50-90% of average price of top 3 brands of corresponding medicines.
He explained that the product basket of PMBJP now comprises 900
medicines and 154 surgicals and consumable items. Out of this, 714 medicines and
53 surgicals are now available for sale at PMBJP Kendras.
The National Pharmaceutical Pricing Authority (NPPA), he said,
fixes the ceiling price of scheduled medicines specified in the first schedule
of the Drugs (Prices Control) Order, 2013 (DPCO) in accordance with the
provisions of the DPCO.
All manufacturers of scheduled medicines (branded or generic)
have to sell their products within the ceiling price (plus applicable local
taxes) fixed by the NPPA. A manufacturer is at liberty to fix the maximum retail
price of a non-scheduled formulation (branded or generic) launched by it.
However, as per the DPCO, the manufacturers of non-scheduled
formulations are not allowed to increase the maximum retail price of such
formulations by more than 10 % per annum,’’ he explained.
Basel committee claims India has high regulatory supervision
The Basel Committee on Banking Supervision has said that
India is compliant regarding regulation on large exposures though, in some
some respects, regulations are stricter than the Basel large-exposures
In a report on assessment of large exposure regulations, it said
India is compliant with the highest grade of regulation.
The large exposures framework applies to all scheduled
commercial banks apart from regional rural banks. The framework became partially
effective since April 2019 and the same circular was modified in June 2019.
The report says from April 2020 onwards, the obligation to
assess the connectedness based on economic interdependence and the inclusion of
non-centrally cleared derivatives exposures in calculation of the large
`R6exposure limits will also enter into force as per the revised circular.
The four-phased assessment began in early 2018 and started with
self-assessment by the RBI, followed by an on-site assessment where the team met
the officials of the RBI and rating agencies, a review and finally a desk
assessment of the draft regulation.
Abolishing of merchant discount rate may affect non bank
The government’s proposal of abolishing merchant discount
rate (MDR) will impact non-bank payment providers as banks will recover the
money from them, industry players said.
The Union Budget proposed doing away with any charges on
customers and merchants. MDR is the rate that the merchant has to pay to the
service providers of digital payments.
It is proposed to be applicable to businesses with a turnover of
₹50 crore that facilitate low-cost digital payment modes such as BHIM, UPI, QR
code, Aadhaar Pay as well as certain debit cards, NEFT or RTGS transactions.
“This announcement of industry bearing MDR would lead to the
whole digital payment industry without any business and revenue model,” said
Naveen Surya, Chairman Emeritus, Payment Council of India (PCI).
PCI said digital payments in India had received quite high
interest from various investors, both domestic and international, and any
“knee-jerk” policy changes were likely to spook such investors.
“Non-bank payment service providers (PSPs) like aggregators/
processors are a significant part of the ecosystem. If there is no commercial
model, they will be forced to shut down, banks may have multiple ways to recover
money from the merchants, but non-bank players do not have any other avenue than
the MDR,” Loney Antony, co-chairman, PCI, and vice-chairman, Hitachi Payments,
Trump says Indian tariffs on U.S products as unacceptable
President Donald Trump on Tuesday said India has long had a
“field day” imposing tariffs on American products, which is “no longer
acceptable” to the U.S.
Mr. Trump’s comment came days after his meeting with Prime
Minister NarendraModi on the sidelines of the G20 Summit in Osaka on June 28,
where the two leaders aired their concerns over bilateral trade disputes and
agreed for a meeting of their Commerce Ministers to sort out the issues.
President Trump, championing his ‘America First’ policy, has
been a vocal critic of India for levying “tremendously high” duties on U.S.
products and has described the country as a “tariff king“. Though trade is an
important part of the booming bilateral relationship, a row over market access
and tariffs has escalated in recent months, leading to fears of a protracted
President Trump terminated India’s designation as a beneficiary
developing nation under the key Generalized System of Preference (GSP) trade
programme from June 5, after determining that New Delhi had not assured the U.S.
that it will provide “equitable and reasonable access” to its markets.
The government on June 21 last year decided to impose these
duties in retaliation to the U.S. decision to significantly hike customs duties
on certain steel and aluminium products. America, in March last year, imposed
25% tariff on steel and a 10% import duty on aluminium products.
European powers pressurise Iran to stop uranium enrichment
European powers urged Iran to reverse its move to increase
uranium enrichment, as a French envoy arrived in Tehran to boost efforts to
save a landmark 2015 nuclear deal.
The accord between Iran and world powers promised sanctions
relief, economic benefits and an end to international isolation of the Islamic
republic in return for stringent curbs on its nuclear programme. The European
parties to the deal along with the EU's diplomatic chief today called on Tehran
to reverse breaches of the agreement.
French President Emmanuel Macron sent his top diplomatic advisor
to Tehran after Iran announced yesterday that it had passed 4.5 percent uranium
enrichment -- above the 3.67 percent limit under the agreement though still far
below the 90 percent necessary for military purposes.
French Foreign Minister Jean-Yves Le Drian said that Emmanuel
Bonne arrived in the Iranian capital today. A meeting with Rear-Admiral Ali
Shamkhani, secretary of Iran's Supreme National Security Council, is planned for
::SCIENCE & TECHNOLOGY::
Newly formed female voyage crew to fight ocean plastic
More than 300 women will join a round-the-world voyage
launching in October to highlight the devastating impact of plastic
pollution in the oceans and conduct scientific research into the escalating
Millions of tonnes of plastic, from food packaging to fishing
gear enters the sea each year, leading some marine experts to warn that there
could be more plastic than fish in our oceans by 2050.
The two-year all-female voyage comprises scientists, teachers,
filmmakers, product designers, photographers and athletes.
It is organised by eXXpedition, a non-profit focusing on marine
pollution - will collect samples from some of the planet’s most important and
diverse marine environments to build a picture of the state of the seas.
The 38,000 nautical mile trip will cover the Arctic, the
Galapagos Islands, the South Pacific islands and central ocean areas where
plastic accumulates because of circulating currents.
“There’s not one silver bullet solution. We need to be working
from every sector, from every angle. “We need design of new materials, we need
policy change, we need education, we need the arts to be shifting mindsets, we
need engineers. The only way we are going to solve it is by all working
together,” Ms.Penn,one of the crew members said.
Duteechand clinches gold at World universiade
India's Dutee Chand has clinched a Gold medal in the
100-metre dash event at the World Universiade at Napoli in Italy. The
23-year-old sprinter clocked 11.32 seconds as she led the race from start to
finish. Del Ponte of Switzerland won the Silver, while German Lisa Kwayie
took home the Bronze.
With the Gold, Dutee has become the first Indian woman track and
field athlete to win the coveted yellow metal at the event. She is also now only
the second Indian sprinter to win a Gold in a global event after 19-year old
For Study Materials Call Us at +91 8800734161 (MON-SAT 11AM-7PM)