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#Economy_Current #PT2020

Amendment to Essential Commodities Act 1955

- Recently, approved by cabinet
- essentials like cereals, pulses, oilseeds, edible oils, onion and potatoes have been excluded from the Essentials List

Advantages

- transformation of agriculture and raising farmers’ income.

- freedom to produce, hold, move, distribute and supply
- less regulatory interference will attract private sector investment and foreign direct investment into agriculture sector, 

- It will help boost investment in cold storages and modernization of food supply chain.
#Economy_Basics #PT2020

Essential Commodities Act 1955

- It is used by the Government to regulate the production, supply and distribution of commodities declared as  ‘essentials' in order to make them available to consumers at fair prices.

- The list of items under the Act include drugs, fertilisers, petroleum and petroleum products.

- Centre can include/exclude commodities

- Centre can also fix the Maximum Retail Price (MRP) of any packaged product that it declares an 'essential commodity'.
#Economy_Basics #PT2020

Sample Registration System (SRS)

- It is released by the Registrar General of India

- It is a annual demographic survey for social indicators like infant mortality rate, birth rate, death rate and other fertility and mortality indicators.

- Initiated in 1964-65
#Environment_Current #PT2020

National Adaptation Fund for Climate Change (NAFCC)

- Launched in 2015
- NABARD is the National implementing entity

- 100% central grant is provided to the State Governments for implementing climate change adaptation projects

- designed to fulfill the objectives of National Action Plan on Climate Change (NAPCC) 
#Govt_Initiative #2MinRead #PT2020

TULIP – Urban Learning Internship Program 

- By Ministry of MHoUA, Ministry of HRD and AICTE

- launched under the theme ‘Aspirational India’ as announced in budget 2020-21

- for providing internship opportunities to fresh graduates in all Urban Local Bodies (ULBs) and Smart Cities

- It would create a potential talent pool in diverse fields like urban planning, transport engineering, environment, municipal finance etc.

- It will give boost to fresh ideas for solutions in solving India’s urban challenges.

- It is an important stepping stone for fulfilment of MHRD and AICTE’s goal of 1 crore successful internships by the year 2025.
#Environment_Basics #PT2020

National Initiative on Climate Resilient Agriculture (NICRA)

- Under Ministry of Agriculture & Farmers Welfare
- Launched in 2011 by ICAR

Three major objectives 
1. strategic research, technology demonstrations and capacity building
2. Its aims to make farmers self-reliant by use of climate resilient agricultural technologies
3. management of natural and manmade resources for sustaining agriculture in the era of climate change.
#Environment_Basics #PT2020

International Convention for the Prevention of Pollution from Ships (MARPOL) - 1973

- It is aimed at the prevention of marine pollution from ships caused by operational or accidental causes

- It lists various forms of marine pollution caused by oil, noxious liquid substances, harmful substances in packaged form, sewage and garbage from ships, etc.
Forwarded from VV Ronge Patil via @QuizBot
🎲 Quiz ''PT25 Quiz 6 - 07th June''
Practice MCQs on IMP Static and Current Affairs of last 1 year
🖊 25 questions · ⏱ 1 min
#Economy_Basics #PT2020

Periodic Labour Force Survey (PLFS)

- It is India’s first computer-based survey launched by the National Statistical Office (NSO) in 2017.

- It has been constituted based on the recommendation of Amitabh Kundu Committee

- Two objectives

- To estimate the key employment and unemployment indicators (viz. Worker Population Ratio, Labour Force Participation Rate, Unemployment Rate) in the short time interval of three months for the urban areas only in the Current Weekly Status (CWS).

- To estimate employment and unemployment indicators in both usual status and CWS in both rural and urban areas annually.

- Before PLFS the NSSO (previous name of NSO) used to bring the data related to employment and unemployment based household socio-economic survey programme.
#Economy_Basics #PT2020

Unemployment Rate (UR): UR is defined as the percentage of persons unemployed among the persons in the labour force.

Labour Force Participation Rate (LFPR): LFPR is defined as the percentage of persons in the labour force (i.e. working or seeking or available for work) in the population.

Female Labour Force Participation Rate: It is the share of working-age women who report either being employed, or being available for work.

Worker Population Ratio (WPR): WPR is defined as the percentage of employed persons in the population.
#Economy_Basics #PT2020

Activity Status: The activity status of a person is determined on the basis of the activities pursued by the person during the specified reference period.

Two Types -

1. Usual Status:  determined on the basis of the reference period of the last 365 days preceding the date of survey.

2. Current Weekly Status (CWS):  determined on the basis of a reference period of the last 7 days preceding the date of survey
#Govt_Initiative #2MinRead #PT2020

SWADES: Skill Mapping Exercise for Returning Citizens

- Launched as part of the Vande Bharat Mission
- Objective - at empowering the returning citizens from abroad with relevant employment opportunities through mapping their skill sets and experience

- a Joint initiative of the Ministry of Skill Development & Entrepreneurship, the Ministry of Civil Aviation and the Ministry of External Affairs.

- National Skill Development Corporation (NSDC)is supporting the implementation of the project.
#Govt_Initiative #2MinRead #PT2020

Payments Infrastructure Development Fund (PIDF)

- To be set up by RBI
- Corpus - Rs. 500 crore
- to give a push to digital payments across the country

- It will encourage deployment of Point of Sale (PoS) infrastructure, both physical and digital,
- Target Areas - tier-3 to tier-6 centres and north eastern states.

- Funding pattern - RBI - 50% and 50% by card issuing banks and card networks
- Fund will be governed through an advisory council but managed and administered by the RBI.
#Environment_Current #2MinRead #PT2020

Race to Zero Campaign

- Launched by UN ahead of delayed COP 26 Climate Talks.

- It aims to codify commitments made via the Climate Ambition Alliance (CAA).

- It encourages countries, companies, and other entities to deliver net-zero greenhouse-gas emission pledges by the time the talks begin.
#Environment_Current #2MinRead #PT2020

Climate Ambition Alliance

- launched at the Climate Action Summit, New York in 2019.
- currently includes 120 nations and others like regions, cities, businesses and investors.
- led by Chile
- Other Leaders -
UNFCCC, UK and High-Level Climate Champions.

- Its committed to achieving net zero CO2 emissions by 2050.
- aims to accelerate actions for achieving goal of stabilizing global temperature rise to 1.5 °C under Paris Agreement.

- Signatories are responsible for 23% of current GHG emissions and 53% of global GDP.

- COP26 was planned in November 2020 at Glasgow, UK.
#2MinRead #PT2020 #Environment_Current

UN Climate Action Summit - 2019

- Held at the headquarters of the United Nations in New York City in September 2019.

- to further climate action to reduce greenhouse gas emissions to prevent the mean global temperature from rising by more than 1.5 °C (2.7 °F) above pre industrial levels.
#Environment_Current #PT2020

UN Climate Change Conference 2019

- Held in Madrid, Spain, in December 2019 under the presidency of the Chilean government.

- It was 25th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC)
the 15th meeting of the parties to the Kyoto Protocol (CMP15),

- Significant outcomes - agreement European Green Deal and Under the Climate Ambitious Coalition, 73 countries committed to net zero emissions by 2050,
#Environment_Current #2MinRead

European Green Deal

- It is a set of policy initiatives by the European Commission
- Aim - making Europe climate neutral in 2050.

- The plan is to review each existing law on its climate merits, and also introduce new legislation on the circular economy, building renovation, biodiversity, farming and innovation.
#Environment_Current #2MinRead #PT2020

Green New Deal (GND)

- It is a proposed initiative of United States that aims to address climate change and economic inequality

- Name refers back to the New Deal, a set of social and economic reforms initiated by US President Franklin D. Roosevelt in response to the Great Depression(1929)

- The Green New Deal combines Roosevelt's economic approach with modern ideas such as renewable energy and resource efficiency
#Govt_Initiative #2MinRead

Nagar van (Urban Forest) Programme

- Recently launched by the Ministry of Environment, Forest and Climate Change (MoEFCC) on World Environment Day

- For Increasing the forest cover in urban areas
- 200 corporations and cities are to be developed all over the country in the next five years.

- It is a collaborative programme of the Forest Department, Municipal bodies, NGOs, Corporates and local citizens.

- Warje Forest in Pune is set as a Model.

Significance of Urban Forests
- Builds climate change resilient ecosystem
- shelter to wildlife and biodiversity conservation
- Recreational area for city dwellers
- Reducing Air pollution
#Reports  #PT2020 

World Economic Forum - Reports and Indexes

1. Inclusive growth & Development Report 
2. Environmental Performance Index 
3. Global Competitiveness Index 

4. Global Energy Architecture Performance Index Report
5. Global Gender Gap Report 
6.Global Information Technology Report 

7. Human Capital Report 
8. Inclusive growth & Development report
9. Outlook on Global Agenda
10. The Global Risk Report 
11. Travel and Tourism Competitiveness Report