daily-news-prescription-20-april-2020

GS1: Art & Culture

Union  Minister for Culture (I/C) Shri Prahlad Singh Patel launches the  National List of Intangible Cultural Heritage (ICH) of India in New Delhi   today(PIB) Following UNESCO’s 2003 Convention for Safeguarding of Intangible Cultural Heritage, this list has been classified into five broad domains in which intangible cultural heritage is manifested

Festivals, turbans and rice beer are all part of an exhaustive  cultural heritage list(The Hindu) Manipur’s tradition of making rice beer, the practice of tying turbans in Rajasthan and several different dances, forms of music and festivals from across the country were among the 106 items listed as intangible cultural heritage in a draft released by the Union Culture Ministry

Tourism Ministry observes World Heritage Day today through a webinar  series on ‘Dekho Apna Desh’(PIB) During the first webinar which was on ancient Temple City of Mamallapuram, the architectural and religious significance of the temples was highlighted by the panellists.

 

GS2: Governance

44.5% of Bihar’s cash transfers to over 10 lakh workers are in Delhi, Haryana, Maharashtra(Indian Express) 

The Bihar government has made use of the geofencing technology to enable downloading of the weblink for registration by workers only outside the state

 

GS3: Infrastructure

Draft Amendment in the Electricity Act, 2003 to Introduce key Reforms in  the Power Sector(PIB) Establishment of Electricity Contract Enforcement Authority:  A Central Enforcement Authority headed by a retired Judge of the High Court is proposed to be set-up with powers of the Civil Court to enforce performance of contracts related to purchase or sale or transmission of power between a generating, distribution or transmission companies.

 

GS3: Economy

Govt. nod mandatory for FDI from neighbouring countries(The Hindu) In a move that will restrict Chinese investments, the Centre has made prior government approval mandatory for foreign direct investments from countries which share a land border with India. Previously, only investments from Pakistan and Bangladesh faced such restrictions.

FDI policy change may dry  up access to Chinese investments in post-covid world(Mint) The government’s effort to ring fence Indian industry from opportunistic acquisitions by China may dry up access to Chinese investments in the post-covid-19 world.

 

GS3: Science & Technology

Explained: Types of human coronaviruses and the symptoms they cause(Indian Express) In the last two decades, more aggressive coronaviruses have emerged that are capable of causing serious illness and even death in humans. These include SARS-CoV, MERS and now SARS-CoV-2.

Explained: How reverse repo rate became benchmark interest rate in the  economy(Indian Express) The repo rate is the rate at which the RBI lends money to the banking system (or banks) for short durations. The reverse repo rate is the rate at which banks can park their money with the RBI.