DAILY CURRENT AFFAIRS ANALYSI
08th October 2021
| S. No. | Topic Name | Prelims/Mains |
| 1. | What is CAATSA | Prelims & Mains |
| 2. | About the PM Mitra Scheme | Prelims & Mains |
| 3. | Details of the Buddhist Circuit | Prelims & Mains |
| 4. | Tax Inspectors without Borders | Prelims & Mains |
| 5. | Industrial Park Ratings System | Prelims Specific |
| 6. | What is Guduchi | Prelims Specific |
- What is CAATSA:
GS II
Topic :Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora.
- Why in the News:
- In the first signal to New Delhi, United States Deputy Secretary of State Wendy Sherman has indicated that Washington may reconsider sanctions against the Indian government when New Delhi brings S-400 Triumf anti-aircraft systems built into Russia. a US $ 5.5 billion contract by the end of the year.
- What is next:
- There has been unrest in Washington since 2016 when India announced an agreement with Russia, which remains a major security partner in New Delhi.
- Now, the S-400 agreement could attract sanctions under US ’CAATSA law. The US has already authorized China and Turkey for similar purchases.
- What is the S-400 missile system & why does India need it:
- The S-400 Triumf is a portable, high-powered (SAM) missile system designed by Russia.
- It is the most dangerous long-distance active SAM (MLR SAM) in the world, highly regarded prior to the US Terminal High Altitude Area Defense system (THAAD).
- What is CAATSA, and how did the S-400 agreement fall under this Act:
- The main purpose of counting the American Enemies through the Sanctions Act (CAATSA) is to fight Iran, Russia and North Korea with punitive measures.
- Made in 2017.
- Includes sanctions against countries involved in significant cooperation with Russia’s defense and intelligence services.
- What sanctions will be imposed:
- To prohibit borrowing from an authorized person.
- Denial of import and export banking services to authorized persons.
- A prohibition against the purchase of goods by the United States Government from obtaining goods or services from an authorized person.
- Refusal of visas for persons close to the applicant.
- Prelims Hot-Link:
- What is CAATSA associated with
- The powers of the US president under CAATSA.
- Types of penalties that can be imposed.
- Important defense deals between India and Russia
- An overview of the Iran Nuclear agreement.
- About the PM Mitra Scheme:
GS II
Topic :Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes
- Background:
- Government has approved the establishment of seven PM MITRA textile parks, in line with the “Unity Budget for 2021-22, in which the total amount of Rands will be disbursed. 4,445 crores over a 5-year period.”
- About the “PM-MITRA” Scheme:
- The plan aims to achieve the vision of building Aatmanirbhar Bharat by placing India firmly on the Global textile map.
- Promoted the 5F vision of the Honorable Prime Minister – Fiber Farming in Factory to Fashion to Export.
- Purpose:
- The program aims to build world-class industrial infrastructure that will attract high-tech technology and increase FDI and domestic investment in the sector.
- Site selection:
- Program sites will be selected by the Road Challenge, depending on the objective objectives of the Greenfield / Brownfield sites.
- Implementation:
- The PM MITRA Park will be made up of a Special Purpose Vehicle which will be managed by the Central Government and Government and the Independent Public Partnership (PPP) Mode.
- Each MITRA Park will have an incubator, a standard processing facility and a general waste disposal facility and other fabric-related facilities such as construction and testing facilities.
- Master Developer will not only upgrade the Industrial Park but will also maintain it at the time of approval.
- Funds:
- Under the program, the center will provide development assistance to the construction of a standard 500 million standard MITRA green park and 200 rupees per brownfield park.
- Greenfield describes a completely new project to be implemented from scratch, while the brownfield project is his own and is being worked on by others.
- Appropriateness of Motives:
- An additional R300 million will be provided as Competitiveness Incentive Support for the early establishment of textile production centers in each park.
- Investors who establish “anchor plants” that employ at least 100 people will be able to receive incentives for up to 10 crores per year for up to three years.
- What are the benefits of the PM-MITRA Scheme:
- A program that aims to produce approximately 1 lakh directly and 2 lakh of indirect employment per park.
- The scheme will provide an opportunity to create a range of integrated textile chains ranging from knitting, weaving, use / dyeing and printing to a single-garment garment production that can reduce business and reduce the cost of industrial restructuring.
- Prelims Hot-Link:
- Key features of the scheme
- Implementation
- Details of the Buddhist Circuit:
GS I
Topic :Indian Culture:
- Why in the News:
- The center has set up a large Buddhist Circuit push infrastructure.
- The Union Department of Tourism has angrily embarked on promoting the participation of tourism stakeholders in the industry, especially after a major improvement in Covid’s position in the country and the implementation of vaccination policies.
- What is a Buddhist gathering:
- The Buddhist Circuit Project was announced by central government in 2016. Since then, R3 345 million has been approved for the project under various programs.
- The Buddhist region is the path followed by the footsteps of the Buddha from Lumbini in Nepal where he was born, passing through Bihar India where he received enlightenment, to Sarnath and Kushinagar in Uttar Pradesh in India, where he first taught and died.
- Circuit development:
- Under the auspices of the Swedish Department of Tourism Darshan, many projects have been undertaken in Madhya Pradesh, Bihar, Uttar Pradesh, Gujarat and Andhra Pradesh.
- In Bihar and Uttar Pradesh, the plan is to further develop the areas of Bodh Gaya, Nalanda, Rajgir, Viashali, Sarnath, Shravasti, Kushinagar, Kaushambi, Sankisa and Kapilavastu.
- These sites currently receive about 6% of the world’s total foreign nationals, with Sarnath and Bodh Gaya leading the package.
- Consolidation:
- Initially, only seven major Buddhist tourist destinations in Uttar Pradesh and Bihar were considered, and later were extended to 21 other regions to make it the first tourist destination in India.
- Identify idiots and viharas in the 21 provinces, where smaller Buddhist inner settlements will be built.
- The provinces that will now be covered include Madhya Pradesh, Rajasthan, Kerala, West Bengal, Goa, Gujarat and Jammu and Kashmir.
- The Buddhist region has four international airports and two airports, with two more in the pipeline.
- There are also programs to improve helicopter services and improve international communication under the UDAN program.
- Swadesh Darshan Scheme:
- Launched by the Department of Tourism in 2014-15 to develop thematic tourism circuits in the country.
- It is a scheme funded within 100% of the project components designed to support the community.
- It also provides for voluntary spending under the Corporate Social Responsibility (CSR) programs of Central Public Sector Undertakings and the corporate sector.
- Under this program, 13 districts have been identified for development.
- These are:
- Buddhist Region,
- North East District of India,
- Coastal Region,
- Himalayan Region,
- Krishna Region,
- Desert Region,
- Eco Region,
- Wildlife Area,
- National Cycle,
- Rural Region,
- Spiritual Region,
- Ramayana District also
- Heritage District.
- Prelims Hot-Link:
- Buddhism – Origin and Spread.
- Different sects under Buddhism.
- Various Mudras.
- Differences between Hinayana and Mahayana Sects.
- Who are the Bodhisattvas?
- Various places associated with the life of the Buddha
- Various Buddhist councils.
- Sourceàhttps://indianexpress.com/article/india/centre-plans-a-major-infrastructure-push-for-the-buddhist-circuit-7557762/
- Tax Inspectors without Borders:
GS II
Topic àBilateral, regional and global groupings and agreements involving India and/or affecting India’s interests:
- Why in the News:
- The Seychelles ’Tax Inspectors Without Borders (TIWB) program was launched in partnership with India.
- This program is the sixth TIWB program that has been supported by India by providing a Tax Specialist
- Program benefits:
- Through India in partnership with the UNDP and the TIWB Secretariat they aim to assist the Seychelles in strengthening their tax administration by imparting technical knowledge and skills to its tax auditors, and by sharing excellent audit practices.
- About the TIWB program:
- It is a joint venture of the United Nations Development Program (UNDP) and the Organization for Economic Cooperation and Development (OECD).
- The purpose of the TIWB Initiative is to empower the sharing of knowledge and auditing skills with tax authorities in developing countries in a targeted, real-time “practical learning” approach.
- TIWB focuses on promoting manual assistance by sending Experts to develop auditing and auditing skills on specific international tax issues and the development of general audit skills within tax management improvements.
- Prelims Hot-Link:
- About the TIWB program
- Source àhttps://www.aninews.in/news/national/general-news/tax-inspectors-without-borders-launches-programme-in-seychelles-with-indias-partnership20211004214848/
- Industrial Park Rating System:
Prelims Specific Topic:
- The Department of Industrial Development and Internal Trade (DPIIT) has released the Industrial Measurement Systems Report.
- The IPRS pilot test was launched in 2018 with the aim of enhancing the competitiveness of industrial infrastructure and supporting the development of a national industrialization policy.
- IPRS report extends to the World Industrial Bank of India with more than 4,400 industrial parks on a GIS-enabled website.
- It seeks to help investors identify their preferred investment destination.
- This measurement is provided on the basis of existing boundaries and resources etc.
- Highlights of the report:
- 41 Industrial Parks assessed as “Leaders” in the Industrial Measurement Systems Report issued by DPIIT.
- 90 Industrial Parks are rated as under the Challenger category while 185 is rated as under “Aspirers”
- What is Guduchi:
Prelims Specific Topic
- The Ministry of Ayush’s advisory on the use of Guduchi, also known as Giloy, confirms that Guduchi (Tinospora cordifolia) is safe to use but some similar looking plants like Tinosporacrispa may be harmful.
- Guduchi is a popularly known herb and has been used in therapeutics since long in AYUSH systems.
- It is a large, glabrous, perennial, deciduous, climbing shrub of weak and fleshy stem found throughout India.
- It is a widely used plant in folk and Ayurvedic systems of medicine.
- The chemical constituents reported from this shrub belong to different classes, such as alkaloids, diterpenoid lactones, glycosides, steroids, sesquiterpenoid, phenolics, aliphatic compounds and polysaccharides.
- Potential medicinal properties reported by scientific research include anti-diabetic, antipyretic, antispasmodic, anti-inflammatory, anti-arthritic, antioxidant, anti-allergic, anti-stress, anti-leprotic, antimalarial, hepato-protective, immuno-modulatory and anti-neoplastic activities.