1. BITCOIN AS LEGAL TENDER
El Salvador became the first country in the world to adopt bitcoin as legal tender.
About:
- The law mandates that Bitcoin should now be accepted as a valid payment by all establishments, except those that do not have the technical wherewithal to do so.
- This puts the digital currency that does not answer to any government monetary policies on the same footing as the country’s primary currency, the United States dollar.
Source : LiveMint
2. SHERPA
The government has appointed Union Minister for Commerce & Industry Piyush Goyal as Sherpa for the G20 meet, replacing former Union Minister Suresh Prabhu. The development comes a little over a month before the next summit scheduled at the end of October in Rome.
About:
- A Sherpa is a personal representative of the leader of a member country at an international Summit meeting such as the G8, G20, the Nuclear Security Summit etc.
- The Sherpa engages in planning, negotiation and implementation tasks through the Summit. They coordinate the agenda, seek consensus at the highest political levels, and participate in a series of pre-Summit consultations to help negotiate their leaders’ positions.
- Sherpas are career diplomats or senior government officials appointed by the leaders of their countries.
- The term is derived from the Nepalese Sherpa people, who serve as guides for mountaineers in the Himalayas.
- There is only one Sherpa per Summit for each member country; he/she is assisted by several sous Sherpas.
Source: The Hindu
3. IMPACT OF SCHOOL CLOSURE
The prolonged closure of primary and upper primary schools since the onset of the pandemic has led to “catastrophic consequences” for school students, says The ‘Emergency Report on School Education’.
About:
- It says that only 8% of school students in rural India have been able to access online education, while at least 37% have stopped studying altogether.
- Reach of online education is very limited: the proportion of schoolchildren who were studying online “regularly” was just 24% and 8% in urban and rural areas respectively. One reason for this is that many sample households (about half in rural areas) have no smartphone.
- Dalit and Adivasi children were at a greater disadvantage as a mere 5% of the children from these groups had access to online classes.
- Access to online education among students in those houses with smartphones is also handicapped by the fact that smartphones are mainly used by working adults who are not always able to share the gadgets with the children at home.
- In addition to education, the closure affected the level of nutrition among the children in rural schools where the midday meals have been stopped.
Source: The Hindu
4. ODISHA MUNICIPAL LAWS (AMENDMENT) BILL, 2021
The Odisha Assembly passed the Odisha Municipal Laws (Amendment) Bill, 2021, to cap reservation at 50%, a move that has paved the way for conducting elections to urban local bodies in the State.
About:
- It amends the Odisha Municipal Act, 1950, and the Odisha Municipal Corporation Act, 2003.
- In 2013, the Orissa High Court passed an order stating that the upper ceiling limit of reservation of seats for the SC, ST, and Backward Classes shouldn’t exceed 50% in accordance with the judgment passed by the Supreme Court in the K. Krishna Murthy case.
- The Odisha Panchayat Laws (Amendment) Bill, 2021, which seeks amendment to the Odisha Grama Panchayats Act, 1964; Odisha Panchayat Samiti Act, 1959 and Odisha Zilla Parishad Act, 1991 was also introduced in the House.
Source: The Hindu
5. EDUCATION
Addressing the inaugural conclave of 'Shikshak Parv', Prime Minister Narendra Modi launched a number of initiatives of Ministry of Education.
About:
- Modi launched the Indian Sign Language Dictionary -- audio and text embedded sign language video for the hearing impaired, in conformity with Universal Design of Learning, along with 'Talking Books', which are audiobooks for the visually impaired.
- Among other initiatives unveiled by the prime minister include the School Quality Assurance and Assessment Framework of CBSE and NISHTHA teachers' training program for NIPUN Bharat.
Source: The Hindu
6. VIDYANJALI 2.0 PORTAL
Addressing the inaugural conclave of 'Shikshak Parv', Prime Minister Narendra Modi launched the Vidyanjali 2.0 portal.
About:
- Vidyanjali is an initiative taken by the Ministry of Education, Government of India with the aim to strengthen Schools through community and private sector involvement in schools across the country.
- This initiative would connect schools with varied volunteers from the Indian Diaspora namely, young professionals, school alumni, in service and retired teachers / Government officials/professionals, and many others.
- Vidyanjali has two verticals: “Participate in school Service/Activity” and “ Assets/Material/Equipment” in which volunteers can support and strengthen the government and government-aided schools.
- Vidyanjali 2.0 is an amalgamation of the words Vidya meaning "correct knowledge" or "clarity" and Anjali meaning “an offering with both hands” in the Sanskrit language.
Source: The Hindu
7. EMERGENCY LANDING FIELD (ELF)
Defence Minister Rajnath Singh and Minister for Road Transport and Highways Shri Nitin Gadkari will Inaugurate Emergency Landing Field (ELF) and also witness aircraft operations on Emergency Landing Field (ELF) on NH-925 0n 09/09/2021 at Gandhav Bhakasar Section (NH-925) South of Barmer (Rajasthan).
About:
- This is the first time that National Highway will be used for emergency landing of aircrafts of
- NHAI had developed a 3.0 Km section of Satta-Gandhav stretch of NH-925A from Km. 41/430 to Km. 44/430 as an Emergency Landing Facility (ELF) for Indian Air Force, which is part of newly developed Two lane paved shoulder of Gagariya-Bakhasar & Satta-Gandhav Section having total length of 196.97 Km. and Costing of Rs. 765.52 Crores under Bharatmala Pariyojana.
- This project will improve connectivity between villages of Barmer & Jalore districts located on international border. The stretch being located in the western border area will facilitate the vigilance of the Indian Army as well as strengthen the basic infrastructure of the country.
- Apart from this Emergency Landing Strip, 3 helipads (size 100 x 30 metres each) have been constructed in Kundanpura, Singhania & Bakhasar villages in this project according to the requirements of the Air Force/Indian Army, which will be the basis for strengthening the Indian Army and security network on the western international border of the country.
Source : PIB
8. THE JHARKHAND STATE EMPLOYMENT OF LOCAL CANDIDATES IN PRIVATE SECTOR BILL, 2021
The Jharkhand Assembly passed ‘The Jharkhand State Employment of Local Candidates in Private Sector Bill, 2021’, which provides 75% reservation for locals in private sector jobs with a monthly salary of up to ₹40,000.
About:
- Once notified, Jharkhand will become the third State, after Andhra Pradesh and Haryana, to pass such a law.
- Every employer shall register such employees receiving gross monthly salary as wages not more than ₹40,000 as the limit notified by the government from time to time on the designated portal,” states the Bill.
Source: The Hindu
9. INDIA - PORTUGAL RELATIONS
The Union Cabinet has approved the signing of an agreement on the recruitment of Indian citizens to work in the Portuguese Republic between the Government of the Republic of India and the Government of the Republic of Portugal.
About:
- The present agreement would set an institutional mechanism for partnership and cooperation between India and Portugal on sending and accepting Indian workers.
- Under this agreement, a Joint Committee will be set up to follow up the implementation of the same.
- Signing this agreement with Portugal will add new destination for Indian migrant workers in an EU member nation, especially in the context of many Indian workers who have returned to India following the Covid-19 pandemic. Indian workers would have enhanced job opportunities to work in Portugal.
Source : PIB
10. PRODUCTION LINKED INCENTIVE (PLI) SCHEME FOR TEXTILES
Government of India has approved Production Linked Incentive (PLI) Scheme for Textiles for MMF Apparel, MMF Fabrics and 10 segments/ products of Technical Textiles with a budgetary outlay of Rs. 10,683 crore.
About:
- PLI for Textiles along with RoSCTL, RoDTEP and other measures of Government in sector e.g. providing raw material at competitive prices, skill development etc will herald a new age in textiles manufacturing.
- PLI scheme for Textiles is part of the overall announcement of PLI Schemes for 13 sectors made earlier during the Union Budget 2021-22, with an outlay of Rs. 1.97 lakh crore.
- With the announcement of PLI Schemes for 13 sectors, minimum production in India is expected to be around Rs. 37.5 lakh crore over 5 years and minimum expected employment over 5 years is nearly 1 crore.
- There are two types of investment possible with a different set of incentive structures.
- Any person, (which includes firm/company) willing to invest minimum ₹300 Crore in Plant, Machinery, Equipment and Civil Works (excluding land and administrative building cost) to produce products of Notified lines (MMF Fabrics, Garment) and products of Technical Textiles, shall be eligible to apply for participation in the first part of the scheme.
- In the second part, any person, (which includes a firm/company) willing to invest a minimum of ₹100 Crore shall be eligible to apply for participation in this part of the scheme.
- In addition, priority will be given for investment in Aspirational Districts, Tier 3, Tier 4 towns, and rural areas, and due to this priority Industry will be incentivized to move to the backward area.
Source: PIB