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
FDI Policy on E-Commerce
The conditions of FDI Policy on E-Commerce has been issued by Government of India.
- The new norms bar exclusive tie-ups between e-commerce firms that follow the ‘marketplace model’ and vendors using their platform.
- In a marketplace model, the e-commerce firm is not allowed to directly or indirectly influence the sale price of goods or services, and is required to offer a level playing field to all vendors.
- The operations of online marketplaces, 100% foreign direct investment, or full foreign ownership is allowed.
- Bar online retailers from selling products through vendors in which they have an equity interest. Also bars them from entering into exclusive deals with brands for selling products only on their platforms.
- All online retailers will be required to maintain a level playing field for all the vendors selling their products on the platform, and it shall not affect the sale prices of goods in any manner.
- Disallows e-commerce players to control the inventory of the vendors.
- The e-commerce retailer shall be deemed to own the inventory of a vendor if over 25 per cent of the purchases of such a vendor are through it.
Read more at: Livemint
Topic 1:Social development
Pradhan Mantri Shram-Yogi Maandhan Yojana
Pradhan Mantri Shram-Yogi Maandhan Yojana social security scheme announced in the budget.
About the scheme:
- It is a scheme for the unorganised sector workers with monthly income upto Rs 15,000. A sum of Rs 500 crore has been allocated for the Scheme.
- It shall provide an assured monthly pension of Rs 3,000 from the age of 60 years on a monthly contribution of a small affordable amount during their working age.
- An unorganised sector worker joining pension yojana at the age of 29 years will have to contribute only Rs 100 per month till the age of 60 years. A worker joining the pension yojana at 18 years, will have to contribute as little as Rs 55 per month only.
- The Government will deposit equal matching share in the pension account of the worker every month.
- It is expected that at least 10 crore labourers and workers in the unorganised sector will avail the benefit is expected that at least 10 crore labourers and workers in the unorganised sector will avail the benefit within next five years making it one of the largest pension schemes of the world.
Read more at: Financial Express
Topic 1:Industrial development
Gems and Jewellery Domestic Council
The Government is supporting the process of setting up of Domestic Council for Gems and Jewellery.
- To encourage and boost domestic gems and jewellery sector.
- It is envisaged that the domestic industry would be benefited from such a representative body which would be the forum for highlighting the issues and concerns of the industry that require redressal through policy measures.
- Establishment of Special Notified Zone (SNZ).
- Setting up of Common Facility Centres for gem and jewellery sector.
- Announcement of separate ITC HS Code for lab-grown diamonds.and
- Providing financial assistance for participation in international fairs, organizing buyer-seller meets, creation of export related infrastructure, etc.
Read more at: PIB
Topic 2 : Environment
Plants remove lead from soil
Researchers have identified a native roadside plant known as ‘Bhringraj’ that can take up lead from the soil and thus help in removing the metal from the environment.
- The plant may be using the lead to protect itself from the pests, or other predators. Tribal people use it an antidote for snake bites and treatment of scorpion stings.
- Hi-tech microscopic analysis showed that the lead travelled to the leaves and was deposited as lead nanoparticles in its cell wall, cytoplasm, and chloroplast.
- The plants can be burned up after they have taken up the lead. In this way, the metal can be effectively contained and later disposed off safely.
- The plant was found to accumulate lead at about 12,000 microgram/g of dry weight in the root and 7,000 microgram/g of dry weight in its shoot.
- These plants grow in soils that are continuously exposed to lead from vehicle exhausts.
- It is a significant further steps in using the plant for bioremediation of lead-contaminated soil.
Effects of Lead:
- Affects health particularly young children affecting the development of the brain and nervous system
- Affects ecosystem
- Affects soil productivity
- Agricultural productivity will decrease
Bioremediation is a process used to treat contaminated media, including water, soil and subsurface material, by altering environmental conditions to stimulate growth of microorganisms and degrade the target pollutants.
Read more at: The Hindu
Topic 2 : Energy
‘Inkjet’ solar panels
Scientist has developed a novel inkjet processing method for perovskites a new generation of cheaper solar cells that makes it possible to produce solar panels under lower temperatures, thus sharply reducing costs.
- Perovskite solar cells have the potential to address the world energy poverty.
- Solar panels coated with the mineral are light, flexible, efficient, inexpensive and come in varying hues and degrees of transparency.
- They can easily be fixed to almost any surface be it laptop, car, drone, spacecraft or building to produce electricity, including in the shade or indoor as high temperatures are no longer required to coat things with a photovoltaic layer.
Read more at: The Hindu