Thursday, 8 October 2015

SC refuses to allow voluntary use of Aadhaar card for welfare schemes

New Delhi : Supreme Court has refused to allow some states and statutory bodies like RBI, SEBI to voluntary use of Aadhaar card for welfare schemes other than PDS and LPG schemes. Ruling in this regard was given by SC bench headed by Justice J Chelameswar and made it clear modification in this matter will be heard by a larger constitution bench of SC. This order was given by SC on applications of Union Government, RBI, IRDA, SEBI, TRAI, Pension Fund Regulatory Authority and states like Gujarat and Jharkhand. They have pitched strongly for voluntary use of Aadhaar cards for providing benefits of various schemes, other than PDS and LPG for the aged and the weaker sections. The applications in this case are being transferred to a constitution bench in order to decide on issues like right to privacy. Earlier in August 2015, SC had ruled that Aadhaar card will remain optional for availing welfare schemes of the government. It had clearly mentioned that authorities will not use Aadhaar card for the purposes other than PDS and LPG distribution system.

Supreme Court has refused to allow some states and statutory bodies like RBI, SEBI to voluntary use of Aadhaar card for welfare schemes other than PDS and LPG schemes. Ruling in this regard was given by SC bench headed by Justice J Chelameswar and made it clear modification in this matter will be heard by a larger constitution bench of SC. This order was given by SC on applications of Union Government, RBI, IRDA, SEBI, TRAI, Pension Fund Regulatory Authority and states like Gujarat and Jharkhand. They have pitched strongly for voluntary use of Aadhaar cards for providing benefits of various schemes, other than PDS and LPG for the aged and the weaker sections. The applications in this case are being transferred to a constitution bench in order to decide on issues like right to privacy. Earlier in August 2015, SC had ruled that Aadhaar card will remain optional for availing welfare schemes of the government. It had clearly mentioned that authorities will not use Aadhaar card for the purposes other than PDS and LPG distribution system

Read more at: http://currentaffairs.gktoday.in/month/current-affairs-october-2015/page/2
SC refuses to allow voluntary use of Aadhaar card for welfare schemes Share on email Share on facebook Share on twitter Share on print Share on google October 8, 2015No comments supreme-court Supreme Court has refused to allow some states and statutory bodies like RBI, SEBI to voluntary use of Aadhaar card for welfare schemes other than PDS and LPG schemes. Ruling in this regard was given by SC bench headed by Justice J Chelameswar and made it clear modification in this matter will be heard by a larger constitution bench of SC. This order was given by SC on applications of Union Government, RBI, IRDA, SEBI, TRAI, Pension Fund Regulatory Authority and states like Gujarat and Jharkhand. They have pitched strongly for voluntary use of Aadhaar cards for providing benefits of various schemes, other than PDS and LPG for the aged and the weaker sections. The applications in this case are being transferred to a constitution bench in order to decide on issues like right to privacy. Earlier in August 2015, SC had ruled that Aadhaar card will remain optional for availing welfare schemes of the government. It had clearly mentioned that authorities will not use Aadhaar card for the purposes other than PDS and LPG distribution system.

Read more at: http://currentaffairs.gktoday.in/month/current-affairs-october-2015/page/2
SC refuses to allow voluntary use of Aadhaar card for welfare schemes Share on email Share on facebook Share on twitter Share on print Share on google October 8, 2015No comments supreme-court Supreme Court has refused to allow some states and statutory bodies like RBI, SEBI to voluntary use of Aadhaar card for welfare schemes other than PDS and LPG schemes. Ruling in this regard was given by SC bench headed by Justice J Chelameswar and made it clear modification in this matter will be heard by a larger constitution bench of SC. This order was given by SC on applications of Union Government, RBI, IRDA, SEBI, TRAI, Pension Fund Regulatory Authority and states like Gujarat and Jharkhand. They have pitched strongly for voluntary use of Aadhaar cards for providing benefits of various schemes, other than PDS and LPG for the aged and the weaker sections. The applications in this case are being transferred to a constitution bench in order to decide on issues like right to privacy. Earlier in August 2015, SC had ruled that Aadhaar card will remain optional for availing welfare schemes of the government. It had clearly mentioned that authorities will not use Aadhaar card for the purposes other than PDS and LPG distribution system.

Read more at: http://currentaffairs.gktoday.in/month/current-affairs-october-2015/page/2

Wednesday, 7 October 2015

INDIAN CIVIL AVIATION SECTOR: POTENTIAL AS GLOBAL MANUFACTURING HUB



      India is the 9th largest aviation market in the world with a size of around US$ 16 billion and is poised to be the 3rd biggest by 2020. India aviation industry promises huge growth potential due to large and growing middle class population, rapid economic growth, higher disposable incomes, rising aspirations of the middle class and overall low penetration levels.
     Civil aviation industry in India is experiencing a new era of expansion driven by factors such as low cost carriers, modern airports, foreign direct investments in domestic airlines, cutting edge information technology interventions and growing emphasis on regional connectivity. Civil aviation sector has been growing steadily registering a growth of 13.8% during the last 10 years. The air transport in India has attracted FDI of over US$ 569 million from April 2000 to February 2015.
    The Indian airports have a combined capacity to cater to 220.04 million passengers and 4.63 million tonnes cargo per annum and handled 168.92 million passengers and 2.28 million tonnes cargo in 2013-14. As per estimates, passenger traffic at Indian Airports is expected to increase to 450 million by 2020 from 159.3 million in 2012-2013.
     Looking at future air transportation requirements and desire to become a global player in developing/commercializing aerospace technologies, India is rapidly building capabilities to emerge as a preferred destination for manufacturing of aerospace components.
     Over the next decades, India undoubtedly has the potential to become a significant part of the global aerospace supply chain as India offers cost advantages of between 15 to 25 per cent in manufacturing, together with its large procurement appetite. Robust technical and engineering capabilities backed by top-notch scientific and technical institutes are other positive offerings on the table.
MARKET OPPORTUNITIES
  • An investment of over US$ 12 billion required during the Twelfth Five Year Plan
  • Airlines are expected to operate about 1000 aircraft's by 2020, up from the present 450
  • Investment to the tune of US $4 billion required for General Aviation aircrafts by 2017
  • Air Navigation Services entails investment worth US$ 7 billion in Twelfth Five Year Plan
  • FDI up to 49% allowed in domestic airlines by the foreign carriers
  • Foreign equity up to 100% allowed in airport development
  • Domestic and international passenger traffic expected to grow at annual average rate of 12% and 8% in next five years
  • Annual average rate of growth of domestic and international cargo estimated to be 12% and 10% during next five years
  • MRO industry to triple in size from INR 2250 crore in 2010 to INR 7000 crore by 2020
  • Around 3,50,000 new employees are essential to facilitate growth in the next decade

Union Government launches KISAN Project and Hailstorm App for crop damage



Bangalore, October 6  :  KISAN Project Union Government has launched KISAN (Crop Insurance using Space Technology and Geoinformatics) Project to benefit farmers. This project will favour use of satellites, drones (unmanned aerial vehicles) and other geospatial technology to collect crop yield data and to assess damage from natural calamities.
Key factors : Drones will help to take high resolution imagery of crop assessment. It will be collated with satellite imaging and other geospatial technology to get accurate data. This data will enable crop insurance companies to give proper compensation to affected farmers. The experiment will help develop index-based data for insurance companies.
Initially this project will be implemented as pilot study in identified districts in Haryana, Karnataka, Maharashtra and Madhya Pradesh. The programme will be jointly conducted by Indian Space Research Organisation (ISRO), Mahalanobis National Crop Forecast Centre (MNFC), India Meteorological Department (IMD), Climate Change, Agriculture and Food Security (CCAFS), State Agriculture Departments and Remote Sensing Centres.
Implication: It will help farmers, government agencies and insurance companies to move away from traditional crop insurance claim calculated on the basis of crop cutting experiments. It will provide timely and accurate data for insurance claims and make payment of claims to farmers without any delay. Hailstorm App for crop damage Union Government also launched Hailstorm App, an Android mobile phone application to assess large-scale damage to crops from hail. Farmers by using this application on their smart phones can immediately send photos of their crop damage due to hailstorm to officials concerned for immediate relief.

India, Germany ink 18 MoUs and agreements in various sectors



Bangalore, oct 6 : India and Germany have signed around 18 agreements and memorandum of understanding (MoUs) in various sectors. These agreements were signed at the end of third edition of Indo-German Inter-governmental Consultations (ICG) in New Delhi. The Indo-German ICG was co-chaired by Prime Minister Narendra Modi and his visiting counterpart German Chancellor Angela Merkel. Some important agreements signed are Joint Declaration of Intent (JDI) on Languages: It seeks to promote German as a foreign language in India and promote modern Indian Languages in Germany. MoU on Solar Energy: Seeks to promote Indo-German Development Cooperation for Indo-German Solar Energy Partnership. Joint MoU on Skill Development: Boost cooperation in the Field of Skill Development and Vocational Education and Training. MoU on Security Cooperation: It was signed between Union Ministry of Home Affairs (MHA) and Federal Ministry of the Interior of Germany. MoU on Aviation Security: It was signed between Union Ministry of Civil Aviation and Federal Ministry of the Interior. JDI on Disaster Management: It was signed between Union Ministry of Home Affairs (MHA) and Federal Ministry of the Interior of Germany. Joint Declaration on IGSTC: It was signed between Union Ministry of Science and Technology and the Federal Ministry of Education and Research for extending the tenure of the Indo-German Science and Technology Centre (IGSTC). MoU on Higher Education: seeks to promote Indo-German Partnerships in Higher Education (IGP). JDI on Plant Protection Products: It was signed between Union Ministry of Agriculture and Farmers’ Welfare (MoA&FW) and the Federal Office of Consumer Protection and Food Safety (BVL). JDI in the field of Railways: Seeks further Development of the Cooperation in the Field of Railways both countries. MoU in the field of manufacturing: It was signed between Department of Heavy Industries & Public Enterprises and Fraunhofer Society of Germany.


Monday, 5 October 2015

Karnataka’s host the 2nd India-Central Europe Business Forum

Release of the FICCI Knowledge Report on India-Central Europe Harnessing the Business Complimentarities

Bengaluru, October 5: The 2nd India-Central Europe Business Forum (ICEBF) kicked off today in Bengaluru, organized to enhance trade and investment cooperation between India and Central European economies. The forum aims to identify areas of opportunity for investments in Central Europe by Indian companies and in India by Central European companies. Structured B2B meetings will also aid in facilitating business opportunities between Indian and CE industry, through Senior Ministers, diplomats, officials and delegates from 18 Central European nations.
       Organized by the Ministry of External Affairs, Government of India and FICCI and supported by Government of Karnataka with Poland as the Partner Country, the two-day event focuses on key sectors such as Agriculture & Food Processing, IT & ITES, Manufacturing and High Technology, Pharmaceuticals & Life Sciences, Renewable Energy & Clean Technologies, Tourism and Urban Infrastructure, including transportation. This business forum is timed perfectly considering that Karnataka is also hosting a prestigious event “Invest Karnataka” in February 2016.
      The dignitaries at the event included the Chief Minister of Karnataka Siddaramaiah, Katarzyna Kacperczyk, Deputy Minister of Foreign Affairs, Republic of Poland, Dr. László Szabó, Deputy Minister of Foreign Affairs and Trade, Hungary, Catalin Beciu, Deputy Minister of Energy, SME’s and Business Environment, Romania, Gen (Dr.) V. K. Singh (Retd.), Hon’ble Minister of State for External Affairs, Govt. of India, Ratna Prabha, IAS, Additional Chief Secretary to Government of Karnataka, Commerce & Industries Department, Gaurav Gupta, IAS, Commissioner for Industrial Development & Director of Industries & Commerce, Government of Karnataka, Rakesh Bakshi, ICB Forum Convener and CMD, RBB Energy Ltd, Ullas Kamath, the Chairman of the Karnataka Council, FICCI, Tallam Dwarakanath, President FKCCI and others.

KIIT Promises to Support Budding Enterprenures

Mr.Achyuta Samanta, founder of KIIT, with the group of their old students on the occation of alumni meet held at Bengaluru.

Bengaluru, October 4 : “Bhubaneswar-based Kalinga Institute of Industrial Training (KIIT) is going to support upcoming entrepreneurs, by grooming them in all aspects to start with new business and help them to get financial assistance.” Promised Mr.Achyuta Samanta, founder of KIIT. He also mentioned that he provides complete support to almost 30 to 40 startups every year.
     KIIT alumni meet held at Novatel Hotel on Sunday, is the sixth such meet in Bengaluru,The Silicon Valley of India.Mr. Achyuta Samanta had specially flown from Bhubaneswar to be amidst his student crowd. He said he has been travelling across the country meeting his alumni and feels thrilled as to how the students passing out of Bhubaneswar campus were making it big not only in India but also overseas.The grand alumni meet will be held on January 26th,2016 in the campus of KIIT, Bhubaneswar which involves award presentation for Best Alumni.
     It was a special meet with 300 people celebrating 'home coming' as they got a chance to recreate campus ambience by meeting up old friends and reminiscing college years. KIIT  now joined the league of IITs and IIMs to have a pan-India alumni network. Most of the students who had successfully passed out of KIIT recently had turned up for the alumni meet as successful entrepreneurs. . The alumni meet was not just sharing old memories but also looking at how the Kalinga campus had empowered them to stand on their feet and create a name for themselves in Bengaluru.
    Sugat Nayak, Regional Head(India) of Linguavista which is a language and business services provider,explained that his company focuses in the area of translation services, transcription, interpretation, video dubbing, multilingual social media management, subtitling, proofreading, content development and linguistic consultancy.
     Ankit Poddar, Founder and CEO of  HookedUp presently doing his MBA at IIM Bengaluru said Hookedup is a one stop junction for all your information needs relating to love, relationships, health, lifestyle, trending topics and much more! It updates users with all trending videos uploaded round the globe.He also announced the launching of specially created app in the month of November.
     Vikas Bhagat, Co-founder of Indofash which is an e-commerce brand in women ethnic wear. It brands unorganized natural fabric arts like bagru prints, tassar and eri silk, kanjivaram silk, paithani and many more under one platform.