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Swiss Challenge

In India, the corporate bankruptcy cases are being held up due to skirmishes between bidders, therefore, the banks are now looking forward to use the Swiss Challenge route to decide on winning bidders. What is a ‘Swiss Challenge’? It is a method of bidding, mostly used in public projects, in which the interested party indicates a proposal for a contract or the bid for the project. Government puts the details of the project in the public domain and subsequently invites proposals from other interested parties to execute it. Upon receipt of the bids, the original contractor is invited to match [...]

By | 2018-08-17T16:07:02+00:00 August 17th, 2018|Categories: News|Tags: , |0 Comments

Decriminalisation of Begging?

Recently, the Indian Delhi High Court has struck down the Begging Act, 1959 passed by the State of Bombay and has continued to exist in as many as twenty states and two Union Territories. Provisions of Begging Act  It criminalises begging and gives power to the police to arrest individuals without a warrant. It gives the magistrate the power to commit them to a ‘certified institution’ i.e. actually a detention centre for up to three years on the commission of the first ‘offence’ and up to ten years upon the second ‘offence’. These certified institutions have absolute power over the [...]

By | 2018-08-16T14:38:19+00:00 August 16th, 2018|Categories: News|Tags: |0 Comments

Getting Rid of Cholera

We need to go a long way before eliminating cholera completely at a global level. The vital components to accelerate the process of making the countries cholera-free include improving basic sanitation facilities, access to basic medical care and safe drinking water besides implementing the mass immunisation programmes. Facts related to cholera  World’s high-income countries have been cholera free from the last 150 years. But it is also a fact that around 47 countries still remain under the cholera threat. Risk of cholera  All the commonly available interventions to prevent and control cholera have been largely ineffective mainly due to scarcity of [...]

By | 2018-08-14T14:42:29+00:00 August 14th, 2018|Categories: News|Tags: |0 Comments

Increasing Labour Force Participation of Married women

There is an increased focus on the gender inclusive economic development being pushed thought through the discourses related to equality between men and women and the realisation that empowerment of women would generate positive externalities. Global Gender Gap Report  India has slipped 21 places between 2016 and 2017 in the ‘Global Gender Gap Report’ published by the World Economic Forum. The point of discussion here is the decrease in India’s ranking on gender parity in labour force by four points to 139 from earlier 135 rank amongst the 144 countries. Statistics  As per the National Sample Survey, the working-age women [...]

By | 2018-08-13T15:50:52+00:00 August 13th, 2018|Categories: News|Tags: , |0 Comments

Encouraging private sector participation in NHPM

The government of India has announced a paradigm shifting health scheme i.e. Ayushman Bharat - National Health Protection Mission (AB-NHPM) which is the most extensive financial protection provider scheme to protect all the citizens against humongous healthcare expenditure. Details  The scheme aims to provide a benefit cover of over ₹5 lakh for more than 1,300 specified and non-specified medical and surgical procedures to more than 100 million families i.e. around 500 million people nationally. The sheer scale and size of the intended beneficiaries makes it the world’s biggest healthcare scheme ever. Private sector participation  Few of the private sector healthcare providers [...]

By | 2018-08-10T15:17:38+00:00 August 10th, 2018|Categories: News|Tags: |0 Comments

Boost to Indian Agriculture

In a bid to double farmers’ income by 2022, the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has recently approved the increase in the Minimum Support Prices (MSPs) for all ‘kharif’ crops for 2018-19 season. Background  It is a historic decision as it redeems the promise of the pre-determined principle of fixing the MSPs at a level of minimum 150 percent of the cost of production (as announced by Union Budget for 2018-19). Details  The Minimum Support Prices (MSPs) for all kharif crops of 2018-19 season have been increased by substantial margins in line with the [...]

By | 2018-08-09T14:49:43+00:00 August 9th, 2018|Categories: News|Tags: , |0 Comments

Why Manipur People Protection Bill 2018?

People in the north eastern state of India, Manipur are protesting related to some bill. Why are they protesting? What is their demand? Let’s discuss the diverse opinion of people in Manipur related to this Bill. The bill is called Manipur Protection Bill, 2018 Human beings always tend to link themselves with some Identity. Manipur being a hilly state, people of this region differentiate themselves as hilly and valley people. Manipur has 90% of Hilly area but this area is not much developed. Valley area is just 10% (out of which 4% is Loktak Lake). Along with the hilly and [...]

By | 2018-08-08T15:31:52+00:00 August 8th, 2018|Categories: News|Tags: |0 Comments

ADDITIONAL SURVEILLANCE MEASURES

The Securities and Exchange Board of India (SEBI) and the domestic stock exchanges in India have recently introduced the Additional Surveillance Measures (ASM). What is ASM? It is a surveillance method in which the stock exchanges impose trading curbs on excessively volatile stocks in the market. Criteria for volatile stocks  Currently, five criteria are set to identify volatile stocks for additional surveillance - Price variation between the high and the low price (called ‘spread’) in the last three months should be 200 percent of more and the concentration of top 25 clients in the stock should be 30 percent or more; [...]

By | 2018-08-07T14:57:47+00:00 August 7th, 2018|Categories: News|Tags: |0 Comments

How to prepare for HCS examination?

As we all know that the Haryana Public Service Commission (HPSC) has notified the Haryana Civil Services (HCS) examination, 2018 recently. It came after more than five years which tells us about the nature and importance of this examination. The recruitment procedure is almost once in a generation kind of opportunity for all of us who are preparing for getting selected in this prestigious examination with a good rank and fulfil our duty towards the state and the country. If you are aiming to get a good rank in HCS 2018, do not wait any longer as the timer has [...]

By | 2018-08-06T15:30:07+00:00 August 6th, 2018|Categories: News|Tags: |0 Comments

ANTI-TRAFFICKING BILL MAY LEAD TO CENSORSHIP

Parliament has recently taken up the Trafficking of Persons (Prevention, Protection and Rehabilitation) Bill, 2018. It is aimed to make India a leader among the South Asian countries in combatting trafficking. Despite the good intentions of the government, questions are being raised by a few group of intellectuals regarding its impact on freedom of expression. Concerns  Section 36 of the Bill aims to prescribe punishment for the promotion or facilitation of trafficking and calls upon a three year sentence for producing, publishing, broadcasting or distributing any type of material that promotes trafficking or exploitation. It is loosely worded to criminalise several [...]

By | 2018-08-04T09:56:09+00:00 August 4th, 2018|Categories: News|Tags: , |0 Comments

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