#current
#hr
South India’s first Children’s Court in Hyderabad
South India’s first Children’s Court was recently inaugurated in Hyderabad. After Goa and Delhi, Telangana has become the third state to have a child friendly court and sixth in the country with features like separate waiting rooms for children and a video camera trial for the accused, mandated under the Protection of Children from Sexual Offences (POSCO) Act-2012.
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#hr
South India’s first Children’s Court in Hyderabad
South India’s first Children’s Court was recently inaugurated in Hyderabad. After Goa and Delhi, Telangana has become the third state to have a child friendly court and sixth in the country with features like separate waiting rooms for children and a video camera trial for the accused, mandated under the Protection of Children from Sexual Offences (POSCO) Act-2012.
https://www.amazon.in/MPSC-Simplified-Dr-Ajit-Thorbole/dp/B01KDOOB2A/ref=as_sl_pc_tf_til?tag=mpscsimplifie-21&linkCode=w00&linkId=&creativeASIN=B01KDOOB2A
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MPSC Simplified
DEDICATED TO CIVIL SERVICE ASPIRANTS specially MPSC aspirants
#current
#economics
#upscmains
Masala Bond:
Masala bond is a term used to refer to a financial instrument through which Indian entities can raise money from overseas markets in the rupee, not foreign currency. These are Indian rupee denominated bonds issued in offshore capital markets.
It’s significance:
The rupee denominated bond is an attempt to shield issuers from currency risk and instead transfer the risk to investors buying these bonds. Currency risk is borne by the investor and hence, during repayment of bond coupon and maturity amount, if rupee depreciates, RBI will realize marginal saving.
Main features:
Though raised in Indian currency, these bonds will be considered as part of foreign borrowing by Indian corporate and hence would have to follow the RBI norms in this regard.
Under the automatic route, companies can raise as much as $750 million per annum through Masala bonds.
#economics
#upscmains
Masala Bond:
Masala bond is a term used to refer to a financial instrument through which Indian entities can raise money from overseas markets in the rupee, not foreign currency. These are Indian rupee denominated bonds issued in offshore capital markets.
It’s significance:
The rupee denominated bond is an attempt to shield issuers from currency risk and instead transfer the risk to investors buying these bonds. Currency risk is borne by the investor and hence, during repayment of bond coupon and maturity amount, if rupee depreciates, RBI will realize marginal saving.
Main features:
Though raised in Indian currency, these bonds will be considered as part of foreign borrowing by Indian corporate and hence would have to follow the RBI norms in this regard.
Under the automatic route, companies can raise as much as $750 million per annum through Masala bonds.
#mpscpre
#stimains
#hr
NHRC:
It is a statutory body established in 1993.
Composition:
It consists of a Chairman and 4 members. Chairman should be a retired Chief Justice of India. Members should be either sitting or retired judges of the Supreme Court or a serving or retired Chief Justice of a High Court and 2 persons having practical knowledge in this field.
Ex officio members are the chairmen of National Commission for Scheduled Caste, National Commission for Scheduled Tribes, National Commission for Minorities and National Commission for Women.
Appointment:
The chairman and members are appointed on the recommendation of a 6 member committee consisting of Prime Minister, Speaker of the Lok Sabha, Deputy Chairman of the Rajya Sabha, leaders of opposition in both the houses of parliament and Union Home Minister.
Term: Term of the chairman and members is 5 years or 70 years whichever is earlier. After retirement they are not eligible for further reappointment.
Removal: President has to refer the matter to Supreme Court and if after enquiry Supreme Court holds it right then they can be removed by the President.
Other facts:
Its recommendations are just advisory and not binding in nature.
It submits Annual report to the Central government and to the concerned state governments.
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#stimains
#hr
NHRC:
It is a statutory body established in 1993.
Composition:
It consists of a Chairman and 4 members. Chairman should be a retired Chief Justice of India. Members should be either sitting or retired judges of the Supreme Court or a serving or retired Chief Justice of a High Court and 2 persons having practical knowledge in this field.
Ex officio members are the chairmen of National Commission for Scheduled Caste, National Commission for Scheduled Tribes, National Commission for Minorities and National Commission for Women.
Appointment:
The chairman and members are appointed on the recommendation of a 6 member committee consisting of Prime Minister, Speaker of the Lok Sabha, Deputy Chairman of the Rajya Sabha, leaders of opposition in both the houses of parliament and Union Home Minister.
Term: Term of the chairman and members is 5 years or 70 years whichever is earlier. After retirement they are not eligible for further reappointment.
Removal: President has to refer the matter to Supreme Court and if after enquiry Supreme Court holds it right then they can be removed by the President.
Other facts:
Its recommendations are just advisory and not binding in nature.
It submits Annual report to the Central government and to the concerned state governments.
Join~~@mpsc_simplified
#economics
#upscmains
Maharashtra becomes first state to sign MoU for regional air links
Maharashtra has become the first state to sign an MoU with the ministry of civil aviation and the Airports Authority of India for Regional Connectivity Scheme to develop 10 districts. This would lead to opening up of new destinations for both development and investments.
Details:
The first phase will include Shirdi, Nanded, Amravati, Gondia, Nashik, Jalgaon, Solapur, Kolhapur, Ratnagiri and Sindhudurg.
The MoU aims to facilitate regional air connectivity by making air travel affordable and move aviation sector in Maharashtra to next level.
Maharashtra state government has also sought viability gap funding from the Centre for comprehensive airport connectivity development projects connecting one district with another through flights on dedicated routes.
As per the agreement, the state will reduce the local tax on aviation fuel from existing 10% to 1% for 10 years, apart from providing essential land free of cost.
The state will also provide electricity, water and necessary facilities at concessional rates.
Under the scheme, the state will contribute 20% cost of viability gap funding, and the rest will be borne by the Centre.
Background:
The fully subsidised regional connectivity scheme (RCS) seeks to cap ticket prices so as to make flying more affordable and accessible to the common man and is part of the ambitious National Civil Aviation Policy 2016.
Under the RCS, the Centre will subsidise 80% of the cost under a viability gap fund (VGF) scheme, while the states will meet the rest of the cost. In the case of the northeastern states, the central subsidy will be 90%.
The RCS stipulates that air tickets for under a one-hour flight will be capped at Rs 2,500, and the VGF will take care of the rest of the operational cost.
Join~~telegram.me/mpsc_simplified
#upscmains
Maharashtra becomes first state to sign MoU for regional air links
Maharashtra has become the first state to sign an MoU with the ministry of civil aviation and the Airports Authority of India for Regional Connectivity Scheme to develop 10 districts. This would lead to opening up of new destinations for both development and investments.
Details:
The first phase will include Shirdi, Nanded, Amravati, Gondia, Nashik, Jalgaon, Solapur, Kolhapur, Ratnagiri and Sindhudurg.
The MoU aims to facilitate regional air connectivity by making air travel affordable and move aviation sector in Maharashtra to next level.
Maharashtra state government has also sought viability gap funding from the Centre for comprehensive airport connectivity development projects connecting one district with another through flights on dedicated routes.
As per the agreement, the state will reduce the local tax on aviation fuel from existing 10% to 1% for 10 years, apart from providing essential land free of cost.
The state will also provide electricity, water and necessary facilities at concessional rates.
Under the scheme, the state will contribute 20% cost of viability gap funding, and the rest will be borne by the Centre.
Background:
The fully subsidised regional connectivity scheme (RCS) seeks to cap ticket prices so as to make flying more affordable and accessible to the common man and is part of the ambitious National Civil Aviation Policy 2016.
Under the RCS, the Centre will subsidise 80% of the cost under a viability gap fund (VGF) scheme, while the states will meet the rest of the cost. In the case of the northeastern states, the central subsidy will be 90%.
The RCS stipulates that air tickets for under a one-hour flight will be capped at Rs 2,500, and the VGF will take care of the rest of the operational cost.
Join~~telegram.me/mpsc_simplified
#hr
Sugamaya Pustakalaya: It is an online library that makes accessible content available to print-disabled people. The library houses publications across diverse subjects and languages and multiple accessible formats. It has been created by Department of Empowerment of Persons with Disabilities (Divyangjan), Ministry of Social Justice and Empowerment in collaboration with member organizations of Daisy Forum of India and powered by TCS Access. Books are available in Accessible formats for people with visual impairment and other print disabilities. Over 2 lakhs books in diverse languages. Integrating libraries across India and the Globe, including the largest international library, Bookshare are available.
Join~~http://telegram.me/mpsc_simplified
Sugamaya Pustakalaya: It is an online library that makes accessible content available to print-disabled people. The library houses publications across diverse subjects and languages and multiple accessible formats. It has been created by Department of Empowerment of Persons with Disabilities (Divyangjan), Ministry of Social Justice and Empowerment in collaboration with member organizations of Daisy Forum of India and powered by TCS Access. Books are available in Accessible formats for people with visual impairment and other print disabilities. Over 2 lakhs books in diverse languages. Integrating libraries across India and the Globe, including the largest international library, Bookshare are available.
Join~~http://telegram.me/mpsc_simplified