HUMAN DEVELOPMENT INDEX (HDI)
India ranked 131 among 189 countries on the Human Development Index (HDI) for 2019, slipping two places from the previous year, according to the Human Development Report (HDR) 2020 released by the United Nations Development Program (UNDP).
About:
- However, if the Index were adjusted to assess the planetary pressures caused by each nation’s development, India would move up eight places in the ranking, according to the report.
- Norway topped the index, followed by Ireland and Switzerland. Hong Kong and Iceland complete the top five.
- India, Bhutan, Bangladesh, Myanmar, Nepal, Cambodia, Kenya, and Pakistan were ranked under countries with medium human development with a rank in between 120 and 156 among the 189-counties.
- In the BRICS grouping, Russia was 52 in the human development index, Brazil 84, and China 85.
- India’s gross national income (GNI) per capita on the basis of purchasing power parity (PPP), too, fell from $6,829 in 2018 to $6,681 in 2019, it said.
- India’s HDI value for 2019 is 0.645, which put the country in the medium human development category, positioning it at 131 out of 189 countries and territories.
- Between 1990 and 2019, India’s HDI value increased from 0.429 to 0.645, an increase of 50.3%.
- Between 1990 and 2019, India’s life expectancy at birth increased by 11.8 years, mean years of schooling increased by 3.5 years, and expected years of schooling increased by 4.5 years. India’s GNI per capita increased by about 273.9% between 1990 and 2019.
- PRIME MINISTER’S SPECIAL SCHOLARSHIP SCHEME (PMSSS)Extending support to J&K and Ladakh students, AICTE has decided to release the instalment of Rs. 20,000/- as maintenance allowance under Prime Minister’s Special Scholarship Scheme (PMSSS).
About:
- An Expert Group was constituted by the Prime Minister for enhancing employment opportunity among youths of J&K and Ladakh and formulate job opportunities in public and private sectors.
- Subsequently, Prime Minister’s Special Scholarship Scheme (PMSSS) is being implemented by the All India Council for Technical Education(AICTE), New Delhi.
- The Scheme aims to build the capacities of the youths of J&K and Ladakh by Educating, Enabling and Empowering them to compete in the normal course.
- Under the Scheme, the youths of J&K and Ladakh are supported by way of scholarship in two parts namely the academic fee and maintenance allowance.
ACCELERATING INDIA'S COVID-19 SOCIAL PROTECTION RESPONSE PROGRAMMEThe Government of India and the World Bank signed a $400 million project to support India’s efforts at providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic.About:
- This is the second operation in a programmatic series of two. The first operation of $750 million was approved in May 2020.
- The programme will strengthen the capability of state and national governments in India to provide coordinated and adequate social protection to the poor and vulnerable from the shocks triggered by the COVID-19 pandemic.
- This programme will help further expand and deepen the coverage of India’s social protection systems by helping these vulnerable groups in urban and peri-urban areas across the country.
- The $400 million credit is from the International Development Association (IDA) – the World Bank’s concessionary lending arm.
AIRCRAFT LEASING REGULATIONSInternational Financial Services Centres Authority (IFSCA) has issued consultation paper on proposed Aircraft Leasing Regulations.Background:
- India is poised to become the 3rd largest aviation market in the world by 2022.
- In January 2019, India’s Ministry of Civil Aviation published a report, ‘Project Rupee Raftar’, that provided roadmap to developing an aircraft financing and leasing industry in India.
- The report identified International Financial Services Centre (GIFT city) for developing aircraft leasing and financing eco-system in the country.
Recent developments:
- In October, 2020, Government of India , on the recommendation of IFSCA, had notified ‘Aircraft lease which shall include operating and financial lease of aircraft or helicopter and their engines’ as a financial product under International Financial Services Centres Authority Act, 2019.
- Considering, Aircraft leasing is a relatively new industry in India and Aircraft Leasing related regulations are different across various financial centres, IFSCA has prepared draft regulations for Aircraft Leasing and in order to get inputs from stakeholders as well as public comments.
NATIONAL HYDROLOGY PROJECTReview of the National Hydrology Project (World Bank supported initiative of Ministry of Jal Shakti) was carried out by Minister of Jal Shakti.About:
- National Hydrology Project (NHP) was started in the year 2016 as a Central Sector Scheme with 100% grant to Implementing agencies on pan India basis with a budget outlay of Rs 3680 Crore to be spent over a period of 8 years.
- The project aims at improving the extent, reliability and accessibility of water resources information and to strengthen the capacity of targeted water resource management institutions in India.
- Under the NHP, a nationwide repository of water resources data - NWIC has been established.
NORTH EASTERN REGION POWER SYSTEM IMPROVEMENT PROJECT (NERPSIP)The Union Cabinet has approved the Revised Cost Estimate (RCE) of North Eastern Region Power System Improvement Project (NERPSIP) at an estimated cost of Rs. 6,700 crore.About:
- The scheme is being implemented through POWERGRID, a Public Sector Undertaking (PSU) under Ministry of Power in association with six beneficiary North Eastern States namely, Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura.
- The scheme is targeted to be commissioned by December 2021. After commissioning, the project will be owned and maintained by the respective North Eastern State Utilities.
- The main objective of the project is economic development of North Eastern Region through strengthening of Intra - State Transmission and Distribution systems.
MAHATMA GANDHI NATIONAL RURAL EMPLOYMENT GUARANTEE SCHEME (MGNREGS)The Government of India and New Development Bank signed a loan agreement for $1,000 million to provide support to Aatma Nirbhar Bharat Abhiyan through Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS).About:
- The programme will support Government to enable economic recovery in the rural areas through Natural Resource Management (NRM) works.
- The programme proposes creation of durable rural infrastructure assets relating to NRM and generation of employment opportunities for rural poor, especially migrant workers who have returned from urban areas and have lost their livelihoods due to the COVID-19 pandemic.
- The $1 billion loan from the NDB has a tenor of 30 years, including a 5-year grace period.
SPECTRUM AUCTIONThe Union Cabinet has approved a proposal of the Department of Telecommunications to conduct spectrum auction through which spectrum will be assigned to the successful bidders for providing commercial mobile services.About:
- The auction will be for spectrum in 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz frequency bands.
- Spectrum will be offered for assignment for validity period of 20 years. A total of 2251.25 MHz is being offered with total valuation of Rs. 3,92,332.70 crore (at reserve price).
- By winning right to use spectrum through the auction, incumbent telecom service providers will be able to augment their network capacity whereas new players will be able to start their services.
- Successful bidders may pay entire bid amount in one go (upfront) or may exercise an option to pay a certain amount upfront and remaining amount in a maximum up to 16 equated annual instalments, after a moratorium of two years.
- In addition to the bid amount, successful bidders will also have to pay 3% of the Adjusted Gross Revenue (AGR) excluding wireline services as spectrum usage charges for the spectrum won through this auction.
ASIA PACIFIC BROADCASTING UNION (ABU)Prasar Bharati CEO Shashi Sekhar Vempati has been elected as Vice President of Asia-Pacific Broadcasting Union for three years with immediate effect.About:
- The Asia Pacific Broadcasting Union (ABU) was formed in 1964.
- It as a professional association of broadcasting organisations with over 286 members in 57 countries and regions.
- Headquarters: Kuala Lumpur, Malaysia
- One of the ABU's activities is Asiavision, a daily exchange of news feeds by satellite among television stations in 20 countries in Asia.
INDIA – USA MOU IN ELECTRICITY SECTORUnion Cabinet has approved MoU between India and USA for exchange of information in areas of mutual interest in the electricity sector.About:
- Central Electricity Regulatory Commission (CERC), India and Federal Energy Regulatory Commission (FERC), United States of America (USA) will enter into a MoU for exchange of information and experiences in areas of mutual interest to both in the electricity sectors.
- The MoU will help in improving regulatory and policy framework for developing efficient whole sale power market and enhancing grid reliability.
- Under the MoU, the two sides will identify energy-related issues and develop topics and possible agendas for the exchange of information and regulatory practices in areas of mutual interest.
- S-400 AIR DEFENCE MISSILE SYSTEMThe United States has imposed sanctions on Turkey on Monday over its acquisition of Russian S-400 air defence systems.
About:
- The S-400 Triumf, (NATO calls it SA-21 Growler), is a mobile, surface-to-air missile system (SAM) designed by Russia.
- It is the most dangerous operationally deployed modern long-range SAM (MLR SAM) in the world, considered much ahead of the US-developed Terminal High Altitude Area Defense system (THAAD).
- The system can engage all types of aerial targets including aircraft, unmanned aerial vehicles (UAV and ballistic and cruise missiles within the range of 400km, at an altitude of up to 30km. The system can track 100 airborne targets and engage six of them simultaneously.
- The S-400 Triumf air defence system integrates a multifunction radar, autonomous detection and targeting systems, anti-aircraft missile systems, launchers, and command and control centre. It is capable of firing three types of missiles to create a layered defence.
ESWATINIThe Prime Minister, Narendra Modi has expressed grief over the demise of Ambrose Mandvulo Dlamini, Prime Minister of the Kingdom of Eswatini.About:
- Eswatini is officially known as the Kingdom of Eswatini, sometimes written in English as eSwatini, and formerly and still commonly known in English as Swaziland.
- Eswatini is a landlocked country in Southern Africa. It is bordered by Mozambique to its northeast and South Africa to its north, west, and south.
- The population is composed primarily of ethnic Swazis.
- The government is an absolute monarchy, ruled by King Mswati III since 1986. Elections are held every five years to determine the House of Assembly and the Senate majority.
AYUSH HEALTH & WELLNESS CENTRES (HWC)Under Centrally Sponsored Scheme of National AYUSH Mission (NAM), the Ministry of AYUSH has approved 200 AYUSH Health & Wellness Centres (HWC) in Uttarakhand.About:
- In this regard, Arvind Lal Vandana Lal (ALVL) Foundation, New Delhi is providing support to the Department of AYUSH, Uttarakhand, in operationalization of AYUSH HWCs in Almora District of Uttarakhand.
- In the operational guideline of AYUSH Health and Wellness Centers, there is a provision for partnership with Government and Non-Governmental organizations for improving the environment for health in providing Comprehensive Primary Health Care.
- The Central Government has decided to operationalise 12,500 AYUSH Health and Wellness Centres in phased manner by the year 2023-2024 throughout the country.
RECOGNITION SCHEME FOR HYGIENE RATING AUDIT AGENCIESQuality Council of India (QCI) at the behest of the Food Safety and Standards Authority of India (FSSAI) has come out with a Scheme for approval of Hygiene Rating Audit Agencies to scale up Hygiene Rating by increasing the number of recognised Hygiene Rating Audit Agencies in the country.About:
- FSSAI’s initiative of ‘Food Hygiene Rating Scheme’ is a certification system for food businesses supplying food directly to consumers, either on or off premise.
- The food establishments are rated based on food hygiene and safety conditions observed at the time of audit.
- The hygiene rating will be in the form of smileys (1 up to 5) and the certificate should be displayed prominently in the consumer facing area.
- The scheme aims to allow consumers to make informed choices/decisions pertaining to the food outlets where they eat by encouraging food businesses to improve their hygiene and safety standards.
- The recognised Hygiene Rating Audit Agency will verify the compliance with food hygiene and safety procedures laid by FSSAI.
KAMDHENU CHAIRTen universities from across the country have announced that they will set up Kamdhenu Chairs in their respective institutions of higher learning.About:
- Over 500 vice-chancellors and officials of universities from across the country took part in an open house organized by Rashtriya Kamdhenu Aayog (RKA) on Monday to promote the idea of setting up ‘Kamdhenu Chairs’ in universities.
- Now the Government has started to explore the Potentials of Cows and Panchgavya.
- There is need to bring forth the Science related to Indigenous Cows and our Education system should provide platform as well as push in Research on benefits mentioned about Cows with modern scientific and process oriented approach.
- Among other objectives of setting up the chairs, RKA has proposed setting up of certificate and diploma courses on cow-based entrepreneurship and sensitizing students about the scientific, economic, environmental and spiritual importance and impact of cow.
DakPayDepartment of Posts and India Post Payments Bank unveiled a new digital payment app DakPay.About:
- DakPay is a suite of digital financial and assisted banking services provided by India Post and India Post Payments Bank (IPPB) through the trusted Postal (‘Dak’) network across the nation to cater to the financial needs (‘Pay’) of various sections of the society.
- DakPay UPI app allows users to create UPI ID and link multiple accounts across banks in a single mobile app. The app facilitates instant money transfers, QR based payments in merchant stores and online shopping on e-commerce websites.
VIJAY DIWASIndia is celebrating Vijay Diwas on December 16 to mark victory of 1971 Bangladesh liberation war.About:
- Prime Minister Narendra Modi will light up ‘Swarnim Vijay Mashaal and begin 50th anniversary celebrations of Indo-Pak War.
- In December 1971, the Indian Armed Forces secured a decisive and historic Victory over Pakistan Army, which led to creation of a Nation- Bangladesh and also resulted in the largest Military Surrender after the World War-II.
- Four Victory Mashaals will be lit from the Eternal Flame of National War Memorial. These Mashaals will be carried to various parts of the country including to villages of Param Vir Chakra and MahaVir Chakra Awardees of 1971 War.
- Soil from the villages of these Awardees and from areas where major battles were fought in 1971 are being brought to the memorial in New Delhi.
INDIAN COAST GUARD INTERCEPTOR BOATIndian Coast Guard Interceptor Boat got commissioned at Hazira in Gujarat.About:
- This Interceptor boat is built indigenously by M/s L&T Jetty, Hazira and is capable of a high speed of 45 knots having capability to operate in shallow waters.
- This Interceptor Boat will operate from Gujarat under administrative and operational control of the Commander Coast Guard Region (NW).
- Vessel is fitted with latest state-of-the-art navigation and communication equipment designed for high speed interception, close coast patrol, low intensity maritime operations, Search and Rescue and maritime surveillance.
- It will also further augment patrolling and prevent illicit activities such as infiltration, smuggling and illegal fishing activities along the international maritime borders.
- The S-400 Triumf, (NATO calls it SA-21 Growler), is a mobile, surface-to-air missile system (SAM) designed by Russia.
- An Expert Group was constituted by the Prime Minister for enhancing employment opportunity among youths of J&K and Ladakh and formulate job opportunities in public and private sectors.
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