Daily News Prescription | 06 December 2019

Daily News Prescription - 06 December 2019

Updated on 6 December, 2019

Target 2020
daily-news-prescription-6th-dec-2019

Social Issues 

The many structural flaws in India’s higher education system: The furore surrounding fee hikes at the Jawaharlal Nehru University has spurred deeper questions about the quality of university education. 

Home Ministry sanctions Women Help Desks in Police Stations across the country: Ministry of Home Affairs has sanctioned a sum Rs. 100 crores from Nirbhaya Fund for setting up/strengthening of Women Help Desks in Police Stations. 

 

Economy

After PMC crisis, tighter norms in place for urban cooperative banks: The Reserve Bank of India (RBI) on Thursday announced a slew of measures related to urban cooperative banks (UCBs), including exposure norms, a credit repository and cybersecurity norms.

Explained: Despite RBI’s temporary pause, borrowing cost may still fall as spread narrows: The spread between the repo rate and WALR of banks is at its peak since the RBI data is available from March 2012.

Holding rates of interest: RBI cites inflation which raises questions: The retail inflation of 4.6 per cent in October was largely due to increase in food prices, which is seasonal, and more transient in nature.

Explained: What is Extra Neutral Alcohol (ENA)?  Alcohol manufacturers want to import duty reduced. What is ENA’s use, and how is it prepared?

India’s forex reserves cross $450 billion for the first time: The country’s foreign exchange reserves crossed the $450-billion mark for the first time ever on the back of strong inflows which enabled the central bank to buy dollars from the market, thus checking any sharp appreciation of the rupee.

India’s first HAM project in sewerage sector, the 14 MLD STP at Sarai, Haridwar completed before time: Uttarakhand CM & Union Jal Shakti Minister dedicate Sarai Project in presence of King and Queen of Sweden 34 sewerage projects sanctioned at a cost of INR 1144.77 Cr 

Head on Generation (HOG) - A Giant Leap forward through an environment friendly and energy efficient technology: Over 500 trains are running with HOG scheme There are savings to the tune of over Rs.1100 crores per annum with conversion of 500 trains into HOG system

 

Security and related issues 

Government to frame new norms to make social media more accountable: Centre says companies must identify and remove harmful content, without affecting the privacy of users.

Social media firms under fresh Parliament glare over cyber safety issues: Centre says companies must identify and remove harmful content, without affecting the privacy of users.

Curtain Raiser: Exercise INDRA 2019 (PIB): Exercise INDRA 2019 a joint, tri-services exercise between India and Russia will be conducted in India. 

After Mallya, Nirav Modi: Who is a ‘fugitive economic offender’? : At the beginning of this year, a special court had declared liquor baron Vijay Mallya an FEO, also on a plea by the Enforcement Directorate — the first such designation of an accused individual.

On ED petition, special court declares Nirav Modi fugitive economic offender: Nirav Modi is the second businessman to be declared a fugitive economic offender under provisions of the Fugitive Economic Offenders (FEO) Act.

Explained: Data Protection Bill — issues, debate: the Personal Data Protection Bill is due to be placed in Parliament. How does it propose to protect personal data, how is it different from the previous draft, and why is it a subject of debate?

 


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