Scheme for Promoting Merchant Ship Flagging in India

The has approved a scheme to promote flagging merchant ships in the country.

Highlights:

In accordance with the Atmanirbhar Bharat objectives, the Cabinet approved a scheme to provide subsidies to merchant ships in India.

Indian shipping companies will receive subsidies in global tenders conducted by ministries and central public sector enterprises (CPSE).

The government will provide a subsidy of Rs. 1,624 crore over a five-year period. This will be provided to shipping companies in the global tenders conducted by ministries and CPSEs for importing government goods.

Ships flagged in India after February 1, 2021, whose age is between 10 and 20 years at the time of flagging in India, will receive extended subsidy support at 10% of the quoted price provided by L1 foreign shipping companies, or exercise the actual difference between the quotation provided by the Indian flag vessel with the right of first refusal (ROFS) and the quotation provided by the L1 foreign shipping company, whichever is smaller.

The rate at which subsidy support is extended would be reduced by 1% per year until it reached 10% and 5%, respectively.

Objectives:

To investigate the South Pole region of the Moon.

To help in the creation of lunar resource maps.

Determine the concentration of water and other potential Resources on the surface.

Determine whether human life can be sustained there by utilising locally available resources.

It is the first mission to map the resources of any celestial body.

NASAs Commercial Lunar Payload Service will provide launch vehicles and landers for the upcoming 100-day mission.

Informal sector workers still denied adequate social security sops

The developed countries of the world with better social and standards such as Sweden, Denmark, New Zealand, The Nederland and Australia have a better social security system while the poor and developing countries such as India are still struggling to establish a developed universal social security system.

In recent time of post globalisation, it has been widely debated over State Investment and PUBLIC FINANCE spending on social security and its impact on economy and role of emerging market forces but worldwide it is being understood that social security has a close link with the economic Growth and the State has a major role in ensuring social security for all its citizensby adopting a universal social security policy beneficial to all.

Universal social security measures by the State are also required to build an inclusive democratic Society. It ensures a sense of belonging among its citizens who feel that the society takes care of its people of all ages, classes and groups. The unwell, weak, poor, children, elderly and unemployed are always in need of special care and protection because of their vulnerability.

Our social culture and State policy should take care of all its vulnerable sections by ensuring material comfort and emotional support to live a dignified life without depending on others mercy. But in spite of constitutional mandate, our State social security policy has not been universalized to ensure social security for all people irrespective of their nature of EMPLOYMENT.

The State has a major role in building social security Infrastructure and developing social security administrative mechanisms. There are States such as Kerala which have done exemplary work in terms of benefiting the poor and vulnerable sections with State sponsored social security measures.

The States like Tamil Nadu, Uttarakhand and Kerla have introduced pensions for agricultural labourers and farmers. The Tamil Nadu Agriculture-notes-for-state-psc-exams”>Agriculture Labourers -Farmers Social Security and Welfare Scheme has provisions of pension, Education, marriage and maternity benefits. With a large presence of informal workers and marginalized social groups, Odisha has a very poor social security measure in comparison to other States in India.

50% of 716 districts have large deficiency in monsoon rainfall

Nearly 50% of 716 districts in India are currently recording large deficiency in monsoon rainfall, while another 19% are deficient, IMD data shows.

All subdivisions ofMaharashtrahave araindeficiency of over 79-80% as monsoon evaded most parts of the state during the June 1-14 period. Regions such as Haryana, Chandigarh, Delhi (30%), east UP (97%), west UP (83%), west MP (73%), east MP (88%) are also largely deficient, the data showed.

Kerala and Mahe, already covered by the monsoon, is also showing 55% rainfall deficiency so far this season. The all-India monsoon rainfall deficiency during the June 1-14 period is 53%, the data showed.

National Institutions Ranking Framework NIRF Rankings 2023

TheNational Institution Ranking Framework(NIRF) 2023, established by theMinistry of Education, recently announced its national rankings for universities.Parul Universitywas recognized for its academic excellence, pharmaceutical education, and innovation, ranking among the top universities in the country. These highly anticipated rankings evaluate universities based on their academic policies and practices. Parul University was the only private university inGujaratto rank among thetop 50for innovation achievements and was also among the top 200 universities in India. Its faculty of pharmacy ranked 53rd among all pharmacy colleges nationwide and was one of only four private institutes from Gujarat to be recognised.

The National Institution Ranking Framework (NIRF) evaluates universities based on parameters such as TEACHING, Learning and Resources, research and professional practices, graduation outcomes, outreach, and inclusivity. Parul University ranked among the top 200 universities in the country and was one of only 10 universities in Gujarat and 7 private universities in the state to make the list.

US-India ties gaining strength, says Eric Garcetti

United States ambassador to India Eric Garcetti said the deep ties between the US and India are gaining strength in many key areas and south India has a key role in the PARTNERSHIP, a statement from the US Consul General Chennai office said.

Garcetti, who was on his first official visit to Chennai, presided over the 247th anniversary celebration of US Independence, hosted by the US Consulate General in Chennai.

No change in Turkeys stance on Swedens NATO membership

Turkish President Recep Tayyip Erdogan has said that NATO should not bet on his country approving Swedens application to join the Western military alliance before a July summit because the Nordic nation has not fully addressed his security concerns. Sweden and Finland applied for membership together following Russias invasion of Ukraine last year. Finland became NATOs 31st member in April after the Turkish parliament ratified its request, but Turkey has held off approving Swedens bid.

NATO wants to bring Sweden into the fold by the time the leaders of member nations meet for a summit in Lithuanias capital on July 11-12.

Innovations for Defence Excellence – iDEX

For the next five years, the DEFENCE Minister has approved a budget of Rs 498.8 crore for Innovations for Defence Excellence (iDEX) Defence Innovation Organization (DIO).

About Idex:

iDEX was founded in 2018 to achieve self-sufficiency and foster innovation and technology development in the fields of defence and aerospace by bringing together MSMEs, start-ups, individual innovators, and R&D institutions, academia, etc.

iDEX will also provide them with grants/funding and other assistance to conduct R&D that has a high potential for future adoption for Indian defence and aerospace needs.

It was issued by the Ministry of Defence’s Department of Defence Production.