LISAS'IAS DAILY UPDATES (19 MARCH, 2020)
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LISAS’IAS
DAILY UPDATES (19 MARCH, 2020)
INTERNATIONAL There were no new cases in Wuhan -- the
Philippines shut Financial Market due central city where the virus first emerged
to COVID 19 outbreak in December -- for the first time since
On March 17, 2020, Philippines become authorities started publishing figures in
the first country to close its financial January, according to the National Health
markets due to the COVID 19 Commission.
(Coronavirus) outbreak. It resumed its Coronavirus Pandemic Could Make
trading on March 19, 2020. This measure Another 25 Million Jobless: UN
was taken to ensure the safety of their The COVID-19 pandemic will significantly
employees and the people they interact increase global unemployment, leaving up
with. Now the speculations are if other to 25 million more people out of work, and
countries may take similar measures then will dramatically slash workers' incomes,
there is a fear of a global recession. the United Nations said Wednesday.In a
World Cities Summit 2020 to be held in fresh study, the International Labour
Singapore from July 5 to 9 Organization warned that the economic
The 7th World Cities Summit (WCS) is to and labour crisis sparked by the spread of
be held from July 5 to 9, 2020 at Sands the new coronavirus, which has now killed
Expo & Convention Centre, Marina Bay more than 8,000 people worldwide, will
Sands, in Singapore. It is organized by have "far-reaching impacts on labour
Singapore’s Centre for Liveable Cities and market outcomes".
the Urban Redevelopment Authority. The Avoid the anti-inflammatory drug
theme for WCS 2020 is ”Livable and IBUPROFEN
Sustainable Cities: Adapting to a The World Health Organisation (WHO)
Disrupted World”. The WCS 2020 is held advised patients suffering from COVID-19-
in conjunction with the Singapore like symptoms to avoid the anti-
International Water Week (SIWW) and the inflammatory drug ibuprofen, unless
CleanEnviro Summit Singapore (CESG). prescribed by doctors, as it may make
Singapore Government invited Uttar patients more vulnerable to COVID-19.
Pradesh Chief Minister Yogi Adityanath to Ibuprofen is an anti-inflammatory drug.
the WCS-2020. Common medicines that contain ibuprofen
China Reports Zero New Domestic include Brufen and Combiflam
Coronavirus Cases For First Time tablets.Ibuprofen, a non-steroid, is used
China marked a major milestone in its for relief from joint pain, migraine, fever,
battle against the coronavirus pandemic body ache, and even pain during the
as it recorded zero domestic infections for menstrual cycle. Its function is to reduce
the first time since the outbreak emerged, pain, swelling, and fever by suppressing
but a spike in imported cases threatened substances that produce swelling in the
its progress.The stark reversal comes as body.Other non-steroid anti-inflammatory
nations across the world have shut down drugs (NSAID) include aspirin, cortisone,
in a desperate effort to contain the naproxen and diclofenac.
pandemic, with more people now infected
and having died abroad than in China.
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NATIONAL for small firms, the person said, asking not
Rooftop solar power plants in India to be identified as the discussions were
installed at 1,922 MW private. A spokesman at the ministry was
On March 17, 2020 Minister of State not immediately available for a comment.
Independent Charge (IC) of, New & Prime Minister Narendra Modi’s
Renewable Energy, (MNRE) and Power, administration is under pressure to shield
Minister of State of Skill Development & the $2.7 trillion economy from the impact
Entrepreneurship Raj Kumar(RK) of the virus outbreak at a time when
Singh stated till March 13, 2020, the expansion is already poised for its
rooftop solar plants having an aggregate weakest pace in more than a decade.
capacity of 1,922 MW are installed in the Countries, including the U.S., China and
country. Out of the total capacity, 346 Indonesia, have announced plans to
MW is installed in the residential sector. spend billions of dollars to stem a slide in
Central Financial Assistance (CFA)/ growth.
incentives (including residential sector) of SCHEME FOR COMPREHENSIVE
over Rs 1874.39 crore are released REHABILITATION OF BEGGARS
towards different implementing agencies The Ministry of Social Justice and
namely- State Nodal Agencies, Solar Empowerment has proposed to
Energy Corporation of India (SCI) Limited, restructure & formulate a scheme namely
Power Distribution Companies (DISCOM), "Scheme for Comprehensive
Public Sector Enterprises (PSUs), Rehabilitation of Beggars". It will be a
Government Departments etc. comprehensive scheme for persons
Govt sanctioned Rs 20,466.94 crore engaged in the Act of begging which
loan to women under ‘Stand up India would cover identification, rehabilitation,
scheme’: Anurag singh provision of medical facilities, counselling,
On March 17, 2020, According to the education, skill development with the
Minister of State (MoS) for Finance & support of State Governments/UTs/Local
Corporate Affairs,Shri Anurag Singh Urban Bodies and Voluntary
Thakur, the central government has Organizations. The scheme will be
sanctioned a loan of Rs 20,466.94 implemented in the selected cities having
crores to over 91,000 accounts upto large concentration of Beggar community
March 10,2020 since inception of during the financial year 2020-2021.100%
the Stand Up India scheme, as it counted Assistance under the Scheme shall be
the work being done for the empowerment provided to the States/UTs for its
of women. implementation.
Modi govt considers easier loan, tax NATIONAL COMMISSION FOR
rules to cushion coronavirus impact HOMOEOPATHY MEDICINE BILL 2019
India is considering offering easier loan Rajya Sabha passed the National
repayment terms and tax breaks for small- Commission for Homoeopathy Medicine
and medium-sized companies to help Bill 2019. The Bill seeks to repeal the
Asia’s third-largest economy weather the Homoeopathy Central Council Act, 1973.It
onslaught of the coronavirus, a person proposes to setup a National Commission
with knowledge of the matter said. The for Homoeopathy (NCH) which will replace
Finance Ministry is considering extending the existing regulator Central Council for
loan tenors and relaxing bad-debt norms Homoeopathy (CCH) so as to ensure
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Specialised Coaching for Civil Services (UPSC & OPSC), SSC/Railway & Banking Exams.LISAS’IAS DAILY UPDATES (19 MARCH,2020) LISAS’IAS transparency.Under NCH, three Grants during the year. The additional autonomous boards will be grant required to meet the required setup:Homoeopathy Education Board will expenditure of the government is called be entrusted with conducting overall Supplementary Grants. When grants, education of Homoeopathy.The Board of authorised by the Parliament, fall short of assessment and rating will assess and the required expenditure, an estimate is grant permission to educational institutions presented before the Parliament for of Homoeopathy.Board of ethics and Supplementary or Additional grants. registration of practitioners of These grants are presented and passed Homoeopathy will maintain National by the Parliament before the end of the Register and ethical issues relating to financial year. practice are under the NCH. STATE NEWS NATIONAL COMMISSION FOR INDIAN Banihal to Katra railway link to be SYSTEM OF MEDICINE BILL 2019 completed by 2022 Rajya Sabha passed the National On March17, 2020 Union Railway Commission for Indian System of Minister Piyush Goyal announced that Medicine Bill 2019. The Bill seeks Banihal to Katra railway link to be to repeal the Indian Medicine Central completed by 2022 which is part of the Council Act, 1970.The Bill provides for the Udhampur- Srinagar-Baramulla rail link establishment of the National Commission project. It is to be completed before the for Indian System of Medicine 75th Independence day of India. This (NCISM). The NCISM will consist of 29 completion will pave the way for the members, appointed by the central creation of Indian rail from Kanyakumari to government.Functions of the NCISM Baramulla. include: (i) framing policies for regulating Odisha’s Konark sun temple & Statue medical institutions and medical of Unity in Gujarat finds place in iconic professionals of Indian System of tourism sites list: Prahlad Singh Medicine and (ii) ensuring coordination On March 17, 2020, According to the among the autonomous boards set up Union Minister of State (Independent) for under the Bill.The Bill sets up tourism and culture, Prahlad Singh Patel, following autonomous boards under the the central government has included supervision of the NCISM:the Board of grand Konark Sun Temple, the UNESCO Ayurveda and the Board of Unani, Siddha, (United Nations Educational, Scientific and and Sowa-Rigpa,the Medical Assessment Cultural Organization) world heritage site and Rating Board for Indian System of in Odisha & Statue of Unity in Gujarat in Medicine and the Ethics and Medical the Iconic Tourist Sites list, taking the total Registration Board: number of such places from 17 to 19. The SUPPLEMENTARY DEMANDS FOR move has been taken after the ministry got GRANTS the proposals from the Odisha Chief The Lok Sabha is discussing Minister (CM)- Naveen Patnaik, the Union supplementary demands for grants for Petroleum Minister – Dharmendra 2019-20. This includes 78 grants and four Pradhan and other delegations. appropriations. If the government needs to spend any additional money, it can introduce Supplementary Demands for LISAS’I AS, Plot No.-2, Budha Nagar, Bhubaneswar-6, Tel : 9338222113, 9337594620, www.lisasias.org Page 3 Specialised Coaching for Civil Services (UPSC & OPSC), SSC/Railway & Banking Exams.
LISAS’IAS DAILY UPDATES (19 MARCH,2020) LISAS’IAS
Nirmala Sitharaman presented highest come into effect from April 1, 2020. The
budget for J&K, Rs. 1,01,428 cr, for new rules are for non-bank PAs. RBI has
FY20-21 reduced the minimum capital requirements
On March 17, 2020, the Centre has (MCR) for PAs at the time of application
proposed Rs. 1,01,428 crore budget, for the licence to Rs 15 crore from Rs 100
highest ever budget anticipation, for the crore. However the net worth needs to be
Union territory (UT) of Jammu and increased to Rs 25 crore within three
Kashmir (J&K) for the 2020-21 fiscal. The years of operations. Means the PAs who
budget was laid by Minister of State (MoS) apply for authorisation on April 4, 2020
for Finance Anurag Singh Thakur and they need to achieve Rs 25 crore net-
presented by Union Finance Minister worth.
Nirmala Sitharaman. The proposed budget RBI opens dollar-swap window along
is premised on the commitment to make with infusion of Rs 1,00,000 crore
the J&K “a model of development”. through LTRO
‘Recovery of Damage to Public There is global instability in financial
Properties Ordinance 2020’: UP markets due to the spread of COVID 19
cabinet (Coronavirus), which may lead or leading
‘Recovery of Damage to Public Properties to a slowdown in growth. Every economy
Ordinance 2020‘ for recovery of losses is making efforts to stabilize the financial
due to damage to public property during market condition, among them, the Central
violent protests was passed by the Uttar Bank of India i.e. Reserve Bank of India
Pradesh cabinet headed by Chief Minister (RBI) has opened a six-month dollar sell-
Yogi Adityanath. The ordinance will aim at buy swap window, and will also inject Rs
dealing with violent acts at public places, 1,00,000 crore additional Long Term Repo
controlling its tenacity and upsurge and Operations (LTROs) at the policy repo
providing for recovery of damage to public rate.
or private property during hartal, bandh S&P slashes India’s growth rate for
etc. Provide effective prevention of loss of 2020 to 5.2% from 5.7%
public property. The damages in the On March 18, 2020, Standard & Poor’s
violence shall be recovered from the (S&P) Global Ratings, the world’s leading
rioters, as per the ordinance. Create provider of independent credit ratings, has
“claims tribunal” to investigate damages slashed India’s global economic growth
according to the official documentation by forecast to 5.2 % in 2020 from 5.7 %
the Government. predicted earlier, saying the global
ECONOMY AND BUSINESS economy is entering a recession due to
RBI issued new guidelines for payment the spread of infection of the coronavirus
aggregators; MCR reduced for new PAs (COVID-19) pandemic.
to Rs 15 crore from Rs 100 crore L&T Technology Services and IIT-
On March 17, 2020, Reserve Bank of Kanpur Sign MoU for Research in
India (RBI) has issued new guidelines for Cybersecurity Programs
the payment aggregators (PAs) to provide On 18th March 2020, L&T Technology
an ease for payments industry players. Services(LTTS) signed a multi-year
These are issued under Section 18 read Memorandum of Understanding (MoU)
with Section 10(2) of the Payment and with the Indian Institute of Technology
Settlement Systems Act, 2007 and shall Kanpur (IIT) to collaborate on research
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industrial and infrastructure cybersecurity. tenure is going to expire on March 31,
The MoU is signed between Dr. Keshab 2020.
Panda, Chief Executive Officer and MISCELLANEOUS
Managing Director of LTTS and Nitin Gadkari presents a copy of
Professor Manindra Agarwal, Padma Shri ‘Invincible – A Tribute to Manohar
Awardee, Deputy Director at IIT-Kanpur. Parrikar’ to the President
SCIENCE AND TECHNOLOGY On March 17,2020 Nitin Gadkari, the
Scientists from INST develops starch- Union Minister of Road Transport and
based ‘hemostat’ material to stop rapid Highways, presented the book ‘Invincible
blood loss during accidents – A Tribute to Manohar Parrikar‘ to
On March 17, 2020, Scientists from the President Ram Nath Kovind at the
Institute of Nano Science and Rashtrapati Bhawan on the first death
Technology (INST), an autonomous anniversary of Manohar Parrikar.
institute under the Department of Science i.The “Invincible – A Tribute to Manohar
& Technology, developed a starch-based Parrikar” was authored by Tarun Vijay and
‘hemostat’ material which absorbs excess released by defence minister Rajnath
fluid by concentrating the natural clotting Singh on 16th March 2020.
factors in the blood that stops the rapid “My Encounters in Parliament”
blood loss. authored by Bhalchandra Mungekar
CHEMICAL-FREE HAND SANITIZER released
IHBT scientists develop new sanitizer On March 17, 2020, the book titled “My
without chemicals like parabens, triclosan, Encounters in Parliament” authored
and phthalates. A new hand-sanitizer has by Bhalchandra Mungekar an Indian
been developed by the scientists of CSIR- economist, former member of Rajya
Institute of Himalayan Bioresource Sabha, was released in the presence of
Technology (CSIR-IHBT) based in former Vice President- Hamid Ansari,
Palampur, Himachal Pradesh.The natural Nationalist Congress Party (NCP) Chief
flavours, active tea constituents and Sharad Pawar, Communist Party of India
alcohol content in this hand-sanitizer have (CPI) General Secretary D Raja and CPI
been used as per the guidelines of the (Marxist) General Secretary Sitaram
World Health Organization Yechury.
(WHO).Chemicals like parabens, triclosan, Global Recycling Day 2020: March 18
synthetic fragrance and phthalates have March 18, 2020, is observed as a third
not been used in this product. annual Global Recycling Day. This day
APPOINTMENTS AND RESIGNATIONS was first observed on March 18, 2018, by
Rajiv Bajaj got reappointed as MD & the Bureau of International
CEO of Bajaj Auto for 5 years Recycling (BIR) and celebrated globally
On March 18, 2020, Bajaj Auto Limited, an every year to raise awareness of the
Indian global two-wheeler & three- importance of recycling. The Global
wheeler manufacturing company, has Recycling Foundation
approved the re-appointment announces “Recycling Heroes” as the
of Rajivnayan Rahulkumar Bajaj as its theme for third Global Recycling Day. The
Managing Director (MD) and CEO (Chief main aim of the day is to turn ‘waste’ into a
Executive Officer) for a further period of 5- valuable resource.
years with effect from April 1, 2020. His
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Specialised Coaching for Civil Services (UPSC & OPSC), SSC/Railway & Banking Exams.LISAS’IAS DAILY UPDATES (19 MARCH,2020) LISAS’IAS USAGE OF MODERN CONTRACEPTIVES Details of measures taken by the Government to increase the availability, awareness and usage of modern contraceptives are given below: Mission Parivar Vikas: The Government has launched Mission Parivar Vikas on 10th November 2016 for substantially increasing access to contraceptives and family planning services in146 high fertility districts with Total Fertility Rate (TFR) of 3 and above in seven high focus states. New contraceptives viz. Injectable contraceptive (Antara program) and Centchroman (Chhaya) have been added to the existing basket of choices in 2015- 16. A new method of IUCD insertion immediately after delivery i.e. post-partum IUCD (PPIUCD) has been introduced in 2010. Family Planning Logistic Management and Information System (FP- LMIS): A dedicated software launched in 2017, to ensure smooth forecasting, procurement and distribution of family planning commodities across all the levels of health facilities. CONTACT TRACING Beginning from the second phase of the epidemic — when local transmission takes place — contact tracing is an integral part of fighting the epidemic on the ground. People in close contact with someone who is infected with a virus are at higher risk of becoming infected themselves, and of potentially further infecting others.Contract tracing is the process of identifying, assessing, and managing people who have been exposed to a disease to prevent transmission. *** LISAS’I AS, Plot No.-2, Budha Nagar, Bhubaneswar-6, Tel : 9338222113, 9337594620, www.lisasias.org Page 6 Specialised Coaching for Civil Services (UPSC & OPSC), SSC/Railway & Banking Exams.
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