daily-news-prescription-20-march-2020

GS2: Polity & Governance

COVID19:PM calls for social distancing, people’s curfew (TH) Apart from the people’s curfew on March 22, there were nine calls to action in the Prime Minister’s address including the formation of a COVID-19 task force under Finance Minister Nirmala Sitharaman.

The prescription(IE) The restrictions concern Indian nationals wanting to return to India or go abroad, foreigners who are in India or who want to come to India, OCI Card holders, as well as of diplomats.

Giving Human Rights Commissions more teeth (TH) The Madras High Court is to decide on whether the recommendations made by such panels are binding upon the state

Drastic, but necessary (TH) Speakers must realise that deliberate inaction on defection matters is no more an option

Idea behind a nomination: Learned debate, knowledge, expertise (IE) Presidential nominees in the present Rajya Sabha are Swapan Dasgupta, Subramanian Swamy, Narendra Jadhav, Suresh Gopi, Mary Kom, Chhatrapati Sambhajiraje, Roopa Ganguly (all nominated in 2016), Rakesh Sinha, Sonal Mansingh, and Raghunath Mohapatra (all 2018).

Vivad se Vishwas: Rules & forms notified; e-facility to avail scheme (IE) After March 31, an additional 10 per cent of disputed tax will have to be paid over and above the tax liability. However, disputes related to wealth tax, commodity transaction tax, securities transaction tax and equalisation levy are not covered.

MP floor test likely today, fate of Nath govt uncertain The trust vote was ordered by SC to put an end to political uncertainty in the state

Eklavya Model Residential Schools Attract Large Number of Tribal Children (PIB) The Ministry has requested the States to minimise transport numbers among the people, and also if it is not unavoidable, refund of fare may be considered against advance bookings.
 

GS2: International Relations

China hits a milestone: no new local COVID19 infection (TH) According to the National Health Commission, there are no new cases reported in Wuhan -- the city where the first case of the virus was reported.
 

GS3: Economy

New definition of MSMEs soon: Gadkari (TH) Minister flags pending payments to MSMEs by govts, PSUs

RBI to infuse ₹10,000 crore via OMO (TH) The Reserve Bank of India (RBI) has decided to infuse ₹10,000 crore liquidity in the banking system by buying government securities through open market

Rupee breaches 75 to a dollar, hits record low (TH) RBI steps in as Covid-19 uncertainty pushes rupee to historic lows

Inflation has an upside: you earn a higher interest (Mint) The Eklavya Model Residential Schools (EMRSs) have become an island of excellence in the remote tribal hinterlands attracting large number of tribal children.