Professional Documents
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PIB - 1st Feb To 7th Feb 2016
PIB - 1st Feb To 7th Feb 2016
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http://iasbaba.com/2016/02/iasbaba-press-information-bureau-pib-1st-feb-to-7th-feb-2016/
IASbaba Press Information Bureau (PIB)- 1st Feb to 7th Feb, 2016
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GS-1
Rashtrapati Bhavans annual Udyanotsav
(Topic: Indian Culture, salient aspects of art forms, literature and architecture from ancient to modern)
The World famous Mughal Gardens will remain open for general public from February 12 to March 19, 2016
(except on Mondays which are maintenance days)
Members of the public will also be able to visit the Spiritual Garden, Herbal Garden, Bonsai Garden and
Musical Garden
Whats unique in this years Udyanotsav
Exhibition Stalls will be set up near the Spiritual Garden displaying models of organic cultivation farms as
well as organic fresh vegetables and fruits grown in the Presidents Estate Organic Farm
Vermi-compost and Masala Stall set up by women Self Help Groups of Rashtrapati Bhavan
Aim- Improving tourist infrastructure in heritage places of Amaravati in Andhra Pradesh and Warangal in Telangana
Heritage ParkAn inter-Ministerial HRIDAY National Empowered Committee approved development of a Heritage Park in
Amaravati besides developmental works at 1000 Pillar Temple and Kazipet Durgah and rejuvenation of
pond at Padmakshi Temple in Warangal city
In Amaravati, Heritage Park will be developed over an area of 3.50 acres opposite Dhyan Buddha Statue
Exhibition Halls and shops will be used to promote to local art and handicrafts and other products
Importance of Amaravati and WarangalAmaravati and Warangal are among the 12 cities included in the Heritage Development and Augmentation Yojana
(HRIDAY) for improving social, cultural and economic ecosystems by augmenting necessary infrastructure
Objective: Conserving the rich cultural heritage and enabling better facilities for tourists and pilgrims
GS-2
Vietnam Lifts Ban on Import of Indian Groundnut- Major Step Forward in Securing Market Access
(Topic: Import and Export polices of India)
AboutVietnam has formally lifted the ban on import of Indian Groundnut, thereby providing market access after nine
months
Vietnam Ministry of Agriculture & Rural Development (MARD) have formally stated that Plant Protection
Department of Vietnam (PPD) will issue import permits for groundnuts for January 18th 2016
Delegation was satisfied after seeing fumigation facilities, export procedures and export certification system for
export of groundnuts export from India, as per the Standard Operating Procedure developed by Directorate of
plant Protection, Quarantine and Storage, Faridabad.
Issue- Vietnam had temporarily suspended import of groundnuts from India due to interceptions of quarantine pests
living Caryedon serratus and Trogodrma granarium intercepted in consignments of groundnuts exported since
January, 2015
Mahatma Gandhi National Rural Employment Guarantee Act
(Topic: Government Policies and its implementation)
Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) completes ten years of implementation on
2nd February 2016
Success ScenarioPercentage of Scheduled Caste workers has consistently been about 20% and Scheduled Tribe workers have
been about 17%
A total of 1,980.01 croreperson days have been generated, out of which the percentage worked by women has
steadily increased much above the statutory minimum of 33%
Sustainable assets have been created linked to conservation of natural resources and overall development of
Gram Panchayats
More than 65% of the workstaken up under the programme are linked to agriculture and allied activities
Revival of the Programme
Revival has been achieved due to a slew of reforms undertaken by the Ministry of Rural Development
Most important of these has been the timely release of funds to states to provide work on demand
Electronic fund management system has been successfully instituted which allows for real time and
transparent release of funds to implementing agencies and beneficiaries
Consistent coordination between banks and post offices and constant monitoring of pendency of payments has
led to a reduction in wage delays.
Steps to be takenSimplification and strengthening of procedures for the implementation of the MGNREGA as an employment
guarantee
Consolidation of all key instructions from the Central Government on the implementation of the Act
States are encouraged to innovate with flexibility
Convergent planning exercise currently underway in 2569 backward blocks in the country will be consolidated
in the State Rural Development Plan (SRDP) which will be the basis of implementation and monitoring for the
coming year
Concurrent social audits and community monitoring will be undertaken
Renewed focus on sustainable individual assets to benefit the poor and vulnerable households with the
following targets5 Lakh farm ponds and 10 Lakh Vermi
NADEP compost pits in the FY 2016-17
Continued focus on construction of Anganwadi Buildings and individual household latrines
Focus on imparting skills to workers aim to train and place 10,000 Barefoot Technicians from worker
households and through Project LIFE, skill and train workers for wages, for self-employment and livelihood
upgradation
To address the distress situation of droughts in nine states Ministry declared an additional 50 days of
employment in the drought affected areas
Rurban MissionClusters of 15-20 villages having about 30 to 40 lakh population will be developed
Clusters will be geographically contiguous Gram Panchayats with a population of about 25000 to 50000 in
plain and coastal areas and a population of 5000 to 15000 in desert, hilly or tribal areas
Clusters of village would follow administrative convergence units of Gram Panchayats
For the selection of clusters, the Ministry of Rural Development is adopting a scientific process of cluster
selection which involves an objective analysis at the District, Sub District and Village level, of the
demography, economy, tourism and pilgrimage significance and transportation corridorimpact
Transform rural areas to economically, socially and physically sustainable spaces that will be launched from
Kerala
In first year: 100 Rurban growth clusters will be developed
AimsTo create 300 such clusters over the next 3 years, across the country
Funding for Rurban Clusters will be through various schemes of the Government converged into the cluster
To ensure an optimum level of development, fourteen components have been suggested as desirable for the
cluster, which would include- Skill development training linked to economic activities
SPMRM will provide an additional funding support of upto 30 percent of the project cost per cluster as Critical
Gap Funding (CGF) as Central Share to enable development of such Rurban clusters
Help check migration from villages in search of livelihood, uprooting family fabric
Annual plan for each Panchayat will be drafted and Village Panchayats will be given financial and
administrative powers
Rapid Response Teams (RRTs) shall be activated at Central and State surveillance units. Each team would
comprise an epidemiologist / public health specialist, microbiologist and a medical / paediatric specialist and
other experts (entomologist etc) to travel at short notice to investigate suspected outbreak
National Centre for Disease Control (NCDC), Delhi would be the nodal agency for investigation of outbreak in
any part of the country.
Laboratory Diagnosis
NCDC, Delhi and National Institute of Virology (NIV), Pune, have the capacity to provide laboratory diagnosis
of Zika virus disease in acute febrile stage
These two institutions would be the apex laboratories to support the outbreak investigation and for
confirmation of laboratory diagnosis
Ten additional laboratories would be strengthened by ICMR to expand the scope of laboratory diagnosis
RT- PCR test would remain the standard test. As of now there is no commercially available test for Zika virus
disease. Serological tests are not recommended
Risk Communication
States/ UT Administrations would create increased awareness among clinicians including obstetricians,
paediatricians and neurologists about Zika virus disease and its possible link with adverse pregnancy outcome
(foetal loss, microcephaly etc)
There should be enhanced vigilance to take note of travel history to the affected countries in the preceding two
weeks
Public needs to be reassured that there is no cause for undue concern
Central/ State Government shall take all necessary steps to address the challenge of this infection working
closely with technical institutions, professionals and global health partners
Vector Control
There would be enhanced integrated vector management. The measures undertaken for control of dengue/
dengue hemorrhagic fever will be further augmented
Guidelines for the integrated vector control will stress on vector surveillance (both for adult and larvae), vector
management through environmental modification/ manipulation; personal protection, biological and chemical
control at household, community and institutional levels. Details are at Annexure-I
States where dengue transmission is going on currently due to conducive weather conditions (Kerala, Tamil
Nadu etc) should ensure extra vigil
Travel Advisory
Non-essential travel to the affected countries to be deferred/ cancelled
Pregnant women or women who are trying to become pregnant should defer/ cancel their travel to the affected
areas
All travellers to the affected countries/ areas should strictly follow individual protective measures, especially
during day time, to prevent mosquito bites (use of mosquito repellent cream, electronic mosquito repellents,
use of bed nets, and dress that appropriately covers most of the body parts)
Persons with co-morbid conditions (diabetes, hypertension, chronic respiratory illness, Immune disorders etc)
should seek advice from the nearest health facility, prior to travel to an affected country
Travelers having febrile illness within two weeks of return from an affected country should report to the nearest
health facility
Pregnant women who have travelled to areas with Zika virus transmission should mention about their travel
during ante-natal visits in order to be assessed and monitored appropriately.
Non-Governmental Organizations
Ministry of Health &FW / State Health Departments would work closely with Non-Governmental organizations
such as Indian / State Medical Associations, Professional bodies etc to sensitize clinicians both in Government
and private sector about Zika virus disease
Based on available evidence, World Health Organization is not recommending any travel or trade restrictions
Co-ordination with International Agencies
National Centre for Disease Control, Delhi, the Focal Point for International Health Regulations (IHR), would
seek/ share information with the IHR focal points of the affected countries and be in constant touch with World
Health Organization for updates on the evolving epidemic
Research
Indian Council of Medical Research would identify the research priorities and take appropriate action
Monitoring
Situation would be monitored by the Joint Monitoring group under Director General of Health Services on
regular basis
Guidelines will be updated from time to time as the emerging situation demands
Modify definition of associate company and subsidiary company to ensure that equity share capital is the
basis for deciding holding-subsidiary relationship rather than both equity and preference share capital. [s. 2]
Private placement process to be substantially simplified, doing away with separate offer letter, making
valuation details public, details/record of applicants to be kept by company and to be filed as part of return of
allotment only, and reducing number of filings to Registrar. [s. 42]
Incorporation process to be made easier and allow greater flexibility to companies: An unrestricted objects
clause to be allowed in the Memorandum of Association dispensing with detailed listing of objects, selfdeclarations to replace affidavits from subscribers to memorandum and first directors; changes also in various
Forms. [s. 4, 7]
Provisions relating to forward dealing and insider trading to be omitted from Companies Act. Listed companies
are covered under SEBI Act/Regulations. [s. 194, 195]
Companies may give loans to entities in which directors are interested after passing special resolution and
adhering to disclosure requirement. [s. 185]
Restriction on layers of subsidiaries and investment companies to be removed. [s. 2(87), 186(1)]
Change in the definition of term relative for determining disqualification of auditor [s. 141]
Rationalize penal provisions with reduced liability for procedural and technical defaults. Penal provisions for
small companies to be reduced [ various sections]
No filing fees if financial statements and annual returns filed within prescribed time. [s. 403]
Auditor to report on internal financial controls with regard to financial statements. [s. 143]
Frauds less than Rs. 10 Lakh to be compoundable offences. Other frauds to be continued to be noncompoundable[s. 447]
Reducing requirement for maintaining deposit repayment reserve account from 15% each for last two years to
20% during the maturing year
Foreign companies having insignificant/incidental transactions through electronic mode to be exempted from
registering and compliance regime under Companies Act, 2013. [s. 379]
Disclosures in the Directors Report to be simplified and duplications with SEBIs disclosure requirements and
financial statements to be removed while retaining the informative content for shareholders. [s. 134, Rules]
Increased threshold for unlisted companies for compliance in context of requirement for Independent Directors
(IDs), Audit Committee and Nomination and Remuneration Committee. [s. 149, 177, 178]
Test of materiality to be introduced for pecuniary interest for testing independence of ID; thresholds for
relatives pecuniary interest to be revised to make it more practical. [s. 149]
Requirement for a managerial person to be resident in India for twelve months prior to appointment to be done
away with. [Schedule V]
Disclosures in the prospectus required under the Companies Act and SEBI Regulations to be aligned, with a
view to make these simpler, by allowing prescriptions to be as per SEBI Regulations. [s. 26]
ESOPs to be allowed to promoters working as employees/directors [s.62, Rules]
Limit on sweat equity to be raised from 25% of paid up capital to 50% for start-ups. [s.54]
Recognition of the concept of beneficial owner of a company proposed in the Act. Register of beneficial
owners to be maintained by a company, and filed with the Registrar. [new section]
Provisions with regard to consolidation of accounts to be reviewed and those with respect to attachment of
standalone accounts of foreign subsidiaries to be relaxed in certain cases. [s. 129, 136]
Re-opening of accounts to be limited to 8 years. [s. 130]
Mandatory requirement of taking up some items only through postal ballot to be relaxed in case of a company
that is required to provide electronic voting at its General Meetings. [s. 110]
Requirement for annual ratification of appointment/continuance of auditor to be removed. [s. 139]
(Try to remember only the most imp. Points)
Works Module of Indian Railways E-Procurement System (IREPS) and Implementation of e-Tendering in
Works Contracts
(Topic: Government Policies, Railway and e-technology)
Developed by Railways in association with Centre for Railway Information Systems (CRIS), an IT arm of Ministry of
Railways
AimTo bring transparency and efficiency in tender process for carrying out Works Contracts of Indian Railways
HighlightsInaugural ceremony was accomplished by Railway Minister launching one tender for construction of washing
line with catwalk and pit at Varanasi Station and other miscellaneous works in connection with Varanasi yard
remodelling work
Step towards IT enablement of Indian Railways- Saves time & brings transparency at global benchmark
HelpE-Connectivity will bring huge benefit as transparent process will bring people closer to the Railways
Portal will enable railways to implement e-governance in Works Contract with facilities likeCreation and publication of tenders online,
Enable tenderers to view tenders,
Submit their requisite amount and bid offers online
Facilitate instant online creation of comparative chart and briefing note
Lead to reduction in hassles related toTendering process,
Saving in cost and time,
Increase in ease of working,
Increase in efficiency,
Increase in competition,
Reduction in complaint related to tendering and easy access to information
Introduced few new concepts like online creation and maintenance of SOR (Schedule of Rates) and NonSchedule directories, standardization of tender conditions and interactive documents and better document
management system
Salient FeaturesIn view of enabling e-governance and transparency in Railways it was decided to implement e-tendering in
Works Contract
Maintenance upgradation of existing assets and creation of new assets needs a huge involvement of Works
tenders
Manual handling of huge volume of tenders has its own shortcomings like being time consuming, lack of
uniformity, constraints on bidders in submitting their bids etc
To increase the efficiency and bring more transparency in tendering system, e-tendering in Works Contract is
being introduced through newly developed IT applications
Application will go a long way in increasing efficiency and effectiveness of Indian Railways system
Application will facilitate all tendering departments of Railway viz. Engineering, Mechanical, Electrical,
Signalling & Telecom, Commercial, Health etc
Benefits to Bidders
Free access to information about tenders/ Corrigenda issued by all Railway Departments/ Units
Submission of Payments and bid offers online
Easy access to comparative statements
Work from the comforts of your office / home and Choose time as per your convenience
A committee has been formed at village level and block level for implementation and monitoring of works under
Jal gram, Block level, District level and State level committees have also been set up in the states to monitor
the progress of Jal Gram
DIPP and Qualcomm announce QPrize Make in India contest for Start Ups
(Topic: Government Policies and its Implementation and steps taken for its promotion)
AboutIn support of the Make in India Week, the Department of Industrial Policy & Promotion (DIPP) and Qualcomm
Incorporated (NASDAQ: QCOM), through its venture investment arm, Qualcomm Ventures, announced Indias
largest start-up contest QPrize Make in India awarding US$ 350,000 in equity investment as prize money for
the winning company
Qualcomm has supported Prime Minister Modis vision of Make in India by recently announcing Qualcomm
Design in India Initiative
Supporting vision by announcing the QPrize Make in India special edition contest to energize the start-up
ecosystem to join this movement towards creation of a local product design and manufacturing ecosystem
Aim- To catalyse Indian entrepreneurs and start up community to drive the entire value chain from innovation to
manufacturing in India
CBDT Signs Two Bilateral Advance Pricing Agreements (APAs) With United Kingdom
(Topic: Bilateral, regional and global groupings and agreements involving India)
AboutCentral Board of Direct Taxes (CBDT) has entered into two bilateral Advance Pricing Agreements (APAs) with
United Kingdom
CBDT has concluded by signing three bilateral APAsA bilateral APA signed with Japan
Two bilateral APAs were signed with two Indian group entities of a UK based Multi-National Company (MNC)
Key HighlightsAPAs have been entered into soon after the Competent Authorities of India and United Kingdom finalised the
terms of the bilateral arrangement under the Mutual Agreement Procedure (MAP) process contained in the
India-UK DTAA
APAs cover the period: 2013-14 to 2017-18 and also have a Rollback provision for 2 years (2011-12 and
2012-13)
Transfer pricing disputes on the same transaction were recently resolved under MAP for each of these two
companies for the years 2006-07 to 2010-11
With the signing of the bilateral APAs, the two Indian companies have been provided with tax certainty for 12
years each (5 years under MAP and 7 years under APA)
CBDT has so far signed 41 APAs out of which 38 are unilateral and 3 are bilateral.
Programme Undertakings
During this one month they will be taking training in different specialization of surveying and mapping likePhotogrammetric,
Geodesy and
Topographical mapping
After the training, will use the knowledge gained during the training for various types of mapping including the
urban mapping in that land
llSMEstablished in 1967, a pioneer institute in lndia in the field of training in Surveying and Mapping
Trained more than 30000 Indian personnel at various levels and more than 600 from other Asian-African
country in field of Survey and Mapping
Officers and Personnel from almost all state government came regularly to llSM
SOl, the India premier national mapping agency, is serving the country for nearly past 250 years by generating and
providing the quality geospatial data and map to the country
India Signs an Agreement to Become an Associate Member State of European Molecular Biology
Organisation
(Topic: Bilateral, Regional and Global groupings and Agreements involving India and/or affecting Indias interests)
AboutIndia through the Department of Biotechnology, Ministry of Science and Technology signed a Cooperation
Agreement to acquire the status of the Associate Member State European Molecular Biology Organisation
(EMBO)
After the signing of an agreement with Singapore by EMBC in July 2015, India will now become second such
country outside the European region
AimStrengthen scientific interaction and collaborative research between India and Europe in this field EMBO is an
organization of more than 1700 leading researchers that promotes excellence in the life sciences
To support talented researchers at all stages of their careers, stimulate the exchange of scientific information
EMBCMovement was started in 1964 as European Molecular Biology Conference (EMBC)and subsequently it got
intergovernmental funding
With this India as an EMBC Associate Member State, researchers working in India are now eligible to
participate in all EMBO programmes and activities
Indian scientists can apply to EMBOs programmes, such asLong-term fellowships for postdoctoral researchers,
Short-term fellowships,
Courses and workshops,
EMBO Young Investigator Programme
Europe will benefit from networking with the top-level scientists in Indias research community
Government to bring amendment to raise to 50 % reservation for women in panchayats from existing 33% in
coming Budget Session
(Topic: Constitutional Amendments, Reservation and Women Empowerment)
Government to push amendments for increasing to 50 per cent the reservation for women in Panchayats from
33 percent in the coming Budget session of Parliament
Some States had provided 50 per cent reservation to women in Panchayats, but through the Constitutional
Amendment, it will be implemented in the whole country
PESA-
On the basis of the report of the Bhuria Committee submitted in 1995, PESA was enacted in 1996 to extend
Part IX of the Constitution with certain modifications and exceptions to Fifth Schedule areas in 108 districts in
10 States
Need faster implementation of the Panchayats (Extension to the Scheduled Areas) PESA Act by states for the
uplift of tribal
Enhance peoples participation in decision making at local level as tribal population will feel more
comfortable to raise their issues and concerns in smaller Gram Sabhas at village level rather than at
Gram Panchayat level
Will have a positive impact in preventing and checking extremism and resentment among tribal
population if implemented effectively
Discussions includedFraming of PESA Model Rules;
Compliance of the provisions of the State Panchayati Raj Acts and Subject Laws with provisions of the PESA
Act; e
Empowerment of Gram Sabha;
Strategies for capacity building;
Infrastructure and staff in Gram Panchayats and effective utilisation of grant of Fourteenth Finance
Commission awards etc
Help:
Labour and Employment Ministry Sign Eight MoU with Leading Agencies Connecting Job Providers and
Jobseekers
(Topic: Government steps to generate employment)
Signed between- Ministry of Labor and Employment signed eight Memoranda of Understanding (MoUs) with leading
organizations engaged in employment and career related activities
HelpProvide transparent and credible platform and will save both employers and job seekers from possible
fraudulent practices
New initiative to link all the employment exchanges on a national platform so that more and more jobs can be
accessed by youth
Emphasizing on generating employment opportunities and to transform Employment Exchanges to Career
Centers for offering counselling and guidance to youth
National Career ServiceInitiative was launched in 2015 as an ICT based platform for providing employment services to public
NCS has been implemented to act as an integrated platform for all key stakeholders like industry, central
government, state government, PSUs etc. to join hands in realizing Indias aspirations of becoming a globally
competitive workforce
IT enabled platform will provide credible information to and from job provider and job seeker about each other
and these MoUs are only the first step in this journey
Industry to come forward and take advantage of the National Career Service (NCS) portal for getting skilled
workforce
NCS is thus partnering with organizations operating in various domains
ISF (Indian Staffing Federation) will facilitate quality jobs to be made available on the NCS from leading private
placement organizations
Uber will provide micro-entrepreneurship opportunities to drivers who register on the NCS portal as Local
Service Providers
com, Quikr Jobs, Tech Mahindra (Saral Rozgar), Babajob.com will offer jobs opportunities to NCS registered
users
Government has also launched Make in India, Skill India, Digital India, Start-up India etc. to boost the economy
as well as generate large employment opportunities for youth
AimTo meet the aspirations of youth for jobs with the industry demand and has evolved a policy for entering into
partnerships with leading organizations
Strategic interventions will enhanceCareer and employment opportunities,
Offer counselling and guidance for career development,
Focus on decent employment,
Enhance female labour force participation,
Encourage entrepreneurial endeavors,
Focus on inclusive growth initiatives,
Facilitate transition of workforce from informal to formal sectors,
Engage with rural workforce for higher productivity,
Facilitate re-employment (second-life) opportunities for returning and retired workforce etc
GS-3
Global Biotechnology Summit on Destination India
(Topic: Science and Technology)
About- A two day Global Biotechnology Summit on Destination India will be held on 5 th & 6th February 2016 at
Vigyan Bhawan, New Delhi
AimTo showcase Indias Biotechnology strength and capacity
Provide an opportunity to bring together all stakeholders to discuss opportunities, collaborations and to prepare
a joint action plan for achieving the target of 100 billion US dollars for the Biotech sector by 2020
Summit held as a run up to the Department of Biotechnology (DBT) celebrating its 30 th Foundation Day on 26 th
February, 2016
HighlightsSeries of scientific activities including town-hall lectures, debates and other interactions with eminent scientists
as well as overseas experts were organized in association with various autonomous institutes and star
colleges
Contributions of key stakeholders Individuals, Institutions (including Universities), Industry and Society are
being show cased to mark the occasion
Participants: Eminent scientists from national and international public and private sector organizations and
universities and delegations from State Governments, representatives and delegations from other countries
with which DBT partners, students, research fellows, Biotech Start-up Entrepreneurs, policy-makers, Civil
society and other stakeholders are to be the participants
HelpTo spread the message across the country and internationally on the impact which Life Sciences and
Biotechnology have made on society
Attract investors and other key partners to invest in the biotech sector in India, in response to the call given by
the Prime Minister Shri Narendra Modi for Make in India and for encouragement of the start-up ecosystem with
a potential for scale-up
Focus on the priority themes
Make in India,
Nurturing Bio entrepreneurship,
Skill India,
Biotech opportunities and
Action for Swachh Bharat
HelpJoint Venture exercise would ensure greater participation of State Governments in implementation of Railway
Projects both in terms of financial participation as well as decision making process
Facilitate in faster statutory approvals and land acquisition
Besides travelling people, various cement, steel, power plants etc. would get the necessary rail link for
transportation of their raw material and finished products
Aim-
Meet the Governments drive on Make in India and Skill India through indigenization of technology for import
substitution in the areas ofDefense material,
Bio-polymers & bio-nano composites for packaging,
Bio-sensors for healthcare applications,
Natural fiber reinforced composites for automobile applications,
Polymer adhesives and coating for marine applications,
Fuel solar cells for solar energy and e-waste recycling
Address various global issues such as requirement of light weight components, Nano-composites, high
performance coatings, flame retardant polymers, increased use of plastic in agriculture and construction, and
tailor-made polymer solution for various industries
CIPETIt has 28 centers across the country out of which 5 centers have been added during the current year 2015-16
Eleven more centers have been approved for next 2 years
CIPETs conduct diploma and UG/PG programmers, undertake research, and provide technology support to
industry by way of designing, tooling, moulding, testing quality control etc.
Interlinking of River (ILR)Programme is of national importance and has been taken up by the Government on high priority
To ensure greater equity in the distribution of water by enhancing the availability of water in drought prone and
rain-fed area through interlinking of rivers
Ministry has already identified 14 links under Himalayan Rivers component and 16 links under Peninsular
Rivers component for inter basin transfer of water based on field surveys and investigation and detailed
studies
Issues Discuss- Status of Ken- Betwa link project Phase-I and II, status of Damanganga-Pinjal and Par-TapiNarmada link projects, Intra state link proposals and restructuring of National Water Development Agency
ImportanceBrought together navies from across the globe on Indian shores, signifying common desire to use the seas to
promote peace, cooperation and friendship, as also to develop partnerships for a secure maritime future
Joint Declaration between India and Germany- Extension of the tenure of the Indo-German Science &
Technology Centre (IGSTC)
(Topic: Science and Technology)
About- Joint Declaration between the Ministry of Science & Technology and the Federal Ministry of Education and
Research of Germany on the extension of the tenure of the Indo-German Science & Technology Centre (IGSTC)
AimExtension of tenure of the bilateral IGSTC for a period of five years beyond 2017 till 2022
Provides for enhancement of funding allocation from 2 million Euros per year to a maximum of 4 million Euros
per year by each side
Committed funding will be based on the principles of activity matching funding for supporting collaborative
research partnerships of industrial relevance
Creation of new scientific knowledge base and the application of research results for technology development
and application
Enable IGSTC to furtherEnhance
Strengthen and
Improve research and technology cooperation of industrial relevance through cooperation between:
laboratories + academia + industry of both the countries
IGSTC will support and fund selected R&D projects linking research laboratories and industry (2+2 scheme)
from India and Germany and assist in mobilizing resources to carry out collaborative industrial R&D projects
Background:
IGSTC was established under an agreement between the two Governments in October 2007 and started
operation in 2011
Presently IGSTC is supporting joint industrial R&D projects in areas such asAdvanced manufacturing
Biomedical devices & healthcare
Nanotechnology
Automobile engineering
Water sensors
Clean energy technology
Information and computing technology
Minimum Support Price (MSP) for Fair Average Quality (FAQ) of Milling Copra has been increased to
Rs.5950/- per quintal for 2016 season from Rs. 5550/- per quintal in 2015
Also, the MSP for FAQ of Ball Copra has been increased to Rs.6240/- per quintal for 2016 season from Rs.
5830/- per quintal in 2015
MSP of Copra is expected to ensure appropriate minimum prices to the farmers and step up investment in
Coconut cultivation and thereby production and productivity in the country
PMFBYA new crop Insurance scheme in which uniform premium of only 2% to be paid by farmers for all Kharif crops
and 1.5% for all Rabi crops
In case of annual commercial and horticultural crops, the premium to be paid by farmers will be only 5% and
there is no upper limit on Government subsidy
Government has also created portal on crops insurance in order to keep farmers better informed
Soil Health Card- Soil health management in the country is being promoted through setting up of soil & fertilizer
testing laboratories and implementation of organic farming
PKVY- Government has also framed guidelines under Paramparagat Krishi Vikas Yojna (PKVY) to promote organic
farming and develop potential market for organic products
PMKSY- Pradhan Mantri Krishi Sinchai Yojana, has been launched with the objective of creating sources of assured
irrigation
Kisan Channel- A dedicated Kisan Channel has been started by the Doordarshan to address various issues
concerning farmers
Memorandum of Understanding (MoU) Between National Investment and Infrastructure Fund (NIIF) Ltd and
Rusnano OJSC of Russia
(Topic: Investment Models)
MoU- National Investment and Infrastructure Fund (NIIF) Ltd. with RUSNANO OJSC of Russia
Signing of the MoU is a follow-up of the Prime Ministers visit to Russia on 23-24 December, 2015 and
discussions between NIIF and RUSNANO over the past several months
Both sides agreed to cooperate in diverse sectors and facilitate high-technology investments in India
Both NIIF and RUSNANO have agreed to set up the RUSSIA-INDIA HIGH TECHNOLOGY PRIVATE EQUITY
FUND for joint implementation of investments into projects in India
Both the Parties will establish a joint working group with a view to further develop cooperation between the
Parties and work on the development of the definitive agreements based on the principles outlined in the
Memorandum
RUSNANO is a Russian development institute with interest to invest in projects in the field of high technologies
and defence including the projects aimed at establishment of manufacturing industrial enterprises in India
NIIFGovernment of India has established the National Investment and Infrastructure Fund (NIIF) as a Category II
Alternate Investment Fund (AIF) under the Securities and Exchange Board of India (SEBI) Regulations
NIIF is financed from Governments own contribution and is expected to have equity participation from both
foreign and domestic strategic anchor partners, with the Governments share being 49%
Objective of NIIFTo maximise economic impact mainly through infrastructure development in commercially viable projects, both
Greenfield and Brownfield, including stalled projects and other nationally important projects in India