Current Affairs for Engineering Service Exam
- National and International Issues on
- Economic Development
- Social Development
- Industrial Development
- Energy and Environment
- Information and Communication Technology
- General Knowledge
Topic 1:Economic development
Sovereign Gold Bond Scheme
Sovereign Gold Bond Scheme was launched by Govt in November 2015, under Gold Monetisation Scheme.
- Under the scheme, the issues are made open for subscription in tranches by RBI in consultation with GOI.
- RBI Notifies the terms and conditions for the scheme from time to time.
- The subscription for SGB will be open as per following calendar.
- The rate of SGB will be declare by RBI before every new tranche by issuing a Press Release.
- Eligibility- The Bonds will be restricted for sale to resident Indian entities including individuals (in his capacity as individual, or on behalf of minor child, or jointly with any other individual), HUFs, Trusts, Universities and Charitable Institutions.
- Denomination– the Bonds will be denominated in multiples of gram(s) of gold with a basic unit of 1 gram.
- Tenor-the tenor of the Bond will be for a period of 8 years with exit option in 5th, 6th and 7th year, to be exercised on the interest payment dates.
- Minimum size-minimum permissible investment will be 1 gram of gold.
- Maximum limit-the maximum limit of subscribed shall be 4 KG for individual, 4 Kg for HUF and 20 Kg for trusts and similar entities per fiscal year (April-March) notified by the Government from time to time. A self-declaration to this effect will be obtained. The annual ceiling will include bonds subscribed under different tranches during initial issuance by Government and those purchase from the Secondary Market.
Read more at: AIR
Topic 1:Industrial development
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)
To provide an assured income support to the small and marginal farmers, Government is launching a historic programme namely “Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)”.
- Under this programme, vulnerable landholding farmer families, having cultivable land upto 2 hectares, will be provided direct income support at the rate of Rs 6,000 per year.
- This income support will be transferred directly into the bank accounts of beneficiary farmers, in three equal installments of Rs 2,000 each.
- This programme will be funded by Government of India. Around 12 crore small and marginal farmer families are expected to benefit from this.
- The programme would be made effective from 1st December 2018 and the first installment for the period upto 31st March 2019 would be paid during this year itself.
Read more at: PIB
Government takes several measures to strengthen MSMEs
The Government has taken several measures to strengthen the Medium, Small and Micro Enterprises (MSMEs).
- A Scheme of sanctioning loans upto Rs. 1 crore in 59 minutes has been launched.
- GST-Registered SME units will get 2% interest rebate on incremental loan of Rs. 1 crore.
- 25% sourcing by all the Government Undertakings will now have to be from SMEs. Of this, the material to the extent of at least 3% will be sourced from women owned SMEs
- The Department of Industrial Policy and Promotion, which will now be renamed as the Department for Promotion of Industries and Internal Trade.
Read more at: PIB
Topic 2 : Environment
St Petersburg Declaration
In the 2010 St. Petersburg Declaration, the countries agreed to a Global Tiger Recovery Program.
The declaration– To double the global tiger population by 2022.
- One-third of tiger conservation sites in the world are severely at risk of losing their wild tigers — the majority of which are in Southeast Asia.
- Many of these areas lack basic plans for effective management,with over 60 per cent of the sites facing several limitations in anti-poaching, according to the Conservation Assured Tiger Standards (CATS) survey of tiger sites done in 2018.
- Malaysia reported a significant drop from earlier national estimates of around 250–340.
- Countries like India, Nepal and Russia have shown that tiger recovery is possible, despite challenges in poaching, funding and sustaining community livelihoods, which can be overcome with strong political commitment.
The tiger range countries that are part of the Global Tiger Recovery Program are Bangladesh, Bhutan, Cambodia, China, India, Indonesia, Malaysia, Myanmar, Nepal, Russia, Thailand, and Vietnam.
Measures to be taken:
- Centralised data bank
- Basic plans for effective management
- Coordination among countries
- Curbing poaching
- Control illegal trade
- National level plans for tiger conservation
About Conservation Assured|Tiger Standard (CA|TS)
- Conservation Assured (CA|TS) is a new conservation tool to set minimum standards for effective management of target species and to encourage assessment of these standards in relevant conservation / protected areas.
- The first species-specific CA standards are for the tiger (Panthera tigris).
- CA|TS aims to be a key element in realizing the ambitious goal of doubling the global tiger population by 2022; a commitment made by all 13 Tiger Range Countries (TRC).
- Developed by WWF and partners, the Global Tiger Forum (GTF) has endorsed CA|TS and has requested member countries to establish National Review Committees for purpose of initiating CA|TS.
- CA|TS is an important tool in the achievement of the CBD’s Global Aichi Targets, in particular Aichi Target 11 and 12, and contributes to the implementation of the Programme of Work on Protected Areas, particularly the last goal related to Standards, Assessment and Monitoring.
Read more at: DowntoEarth