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Daily GK Dose July 5th 2018

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Daily GK Dose July 5th

1. Cabinet approves Umbrella Schemes for Relief and Rehabilitation of Migrants and Repatriates

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval for continuance of the 8 existing schemes of the Ministry of Home Affairs upto March 2020 for relief and rehabilitation of migrants and repatriates under the Umbrella scheme "Relief and Rehabilitation of Migrants and Repatriates".

  1. The financial implication for this purpose is Rs. 3183 crore for the period 2017-18 to 2019-20.
  2. The year-wise phasing of the scheme will be- Rs. 911 crore in 2017-18, Rs.1372 crore in 2018-19 and Rs. 900 crore in 2019-2020.
  3. The schemes will provide relief and rehabilitation assistance to the refugees, displaced persons, civilian victims of terrorist/communal/LWE violence and cross border firing and mine/IED blasts on Indian Territory and riot victims of various incidents etc.

The schemes are as under:

  1. Central Assistance for one-time settlement of displaced families from Pak Occupied Jammu and Kashmir (PoJK) and Chhamb settled in the State of Jammu & Kashmir.
  2. Rehabilitation   Package   and   up-gradation   of   infrastructure   of   the Bangladeshi Enclaves and Cooch Behar District after transfer of enclaves between India and Bangladesh under Land Boundary Agreement.
  3. Relief assistance to Sri Lankan refugees staying in camps in Tamil Nadu and Odisha.
  4. Grant-in-Aid to Central Tibetan Relief Committee (CTRC) for five years for administrative and social welfare expenses of Tibetan settlements.
  5. Grant-in-Aid to Government of Tripura for maintenance of Brus lodged in relief camps of Tripura. 
  6. Rehabilitation of Bru/Reang families from Tripura to Mizoram.
  7. Grant of enhanced relief of Rs. 5.00 lakh per deceased person, who died during 1984 Anti-Sikh Riots.
  8. Central Scheme for Assistance to Civilian Victims/Family of Victims of Terrorist/Communal/LWE Violence and Cross Border Firing and Mine/IED blasts on Indian Territory'.

2. Cabinet approves DNA Technology (Use and Application) Regulation Bill, 2018

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved The DNA Technology (Use and Application) Regulation Bill 2018.

  1. The primary intended purpose for enactment of "The DNA Technology (Use and Application) Regulation Bill"  is for expanding the application of DNA-based forensic technologies to support and strengthen the justice delivery system of the country.
  2. The utility of DNA based technologies for solving crimes, and to identify missing persons, is well recognized across the world.

3. Cabinet approves renaming of Agartala Airport

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to rename the Agartala Airport in Tripura as ‘Maharaja Bir Bikram Manikya Kishore Airport, Agartala.

  1. The decision comes in the wake of the long pending demand of people of Tripura as well as the Tripura Government for paying tribute to Maharaja Bir Bikram Manikya Kishore.
  2. Maharaja Bir Bikram Manikya Kishore, who ascended the throne of the erstwhile Tripura Princely State in 1923, was an enlightened and benevolent ruler.
  3. Agartala Airport was constructed in 1942 on the land donated by Maharaja Bir Bikram Manikya Kishore.

4. Piyush Goyal launches ‘Khan Prahari’ App

Union Minister of Coal, Railways, Finance & Corporate Affairs, Shri Piyush Goyal launched the Coal Mine Surveillance & Management System (CMSMS) and Mobile Application ‘Khan Prahari’developed by CMPDI, Ranchi.

  1. Speaking on the occasion, Shri Piyush Goyal said that  illegal mining is a serious problem in the country today, particularly in the areas where coal mining is carried out.
  2. Illegal coal mining not only causes a loss to the nation’s resources but is also harmful to the environment.

5. Creation of one post each of Vice-Chairperson and Member in the NCSK

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the creation of one post each of Vice-Chairperson and Member in the National Commission for Safai Karmacharis.

  1. The decision is intended to optimize functioning of the Commission and for fulfilling desired objectives of welfare and development of the target group.
  2. The National Commission for Safai Karmacharis is working for the welfare of both Safai Karamcharis and Manual Sacavengers.

6. Cabinet approves extension of Scheme of Recapitalization of RRBs upto 2019-20

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the extension of the scheme of recapitalization of Regional Rural Banks (RRBs) for the next three years i.e. upto 2019-20.  

  1. This will enable the RRBs to maintain the minimum prescribed Capital to Risk Weighted Assets Ratio (CRAR) of 9 per cent.
  2. A strong capital structure and minimum required level of CRAR will ensure financial stability of RRBs which will enable them to play a greater role in financial inclusion and meeting the credit requirements of rural areas.
  3. There are 56 RRBs functioning in the country. As on 31st March, 2017(Prov.), the total credit given by RRBs is Rs.2,28,599 crore.

7. Bank of China gets RBI licence to launch operations in India

 

The Reserve Bank of India has issued licence to Bank of China to launch operations in India.

  1. Prime Minister Narendra Modi had made a commitment to Chinese President Xi Jinping to allow Bank of China to set up branches in India when they met on the sidelines of the SCO summit in Chinese city of Qingdao last month.
  2. Bank of China is one of the very few state-owned commercial banks in China.

8. 25 countries in global banks’ ‘high risk’ list

China, UAE, Cyprus and significantly, Mauritius, along with 21other countries have been tagged as “high-risk jurisdictions” by global banks acting as custodians for foreign funds which comprise the largest group of investors in the Indian stock market.

  1. Sebi-registered foreign portfolio funds invest in India through 56 countries. Of these, 25 are now considered ‘high risk’.

9. Sports Authority of India will now be Sports India

More than 34 years after coming into existence, the Sports Authority of India (SAI) is set to be renamed as Sports India, Union Sports Minister Rajyavardhan Singh Rathore announced.

  1. The sports body, established in 1984, organised its 50th governing body meeting, where it was also decided that coaches will be given a say in decision making and the food expenses of athletes will also be increased.

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