Consumer Protection (Direct Selling) Rules

The Consumer protection (Direct Selling) Rules, 2021, have been published by the Central Government.

Highlights:

Direct selling entities and direct sellers are prohibited from Promoting a Pyramid Scheme or enlisting anyone in these schemes under the notified rules.

Participating in a -transfer scheme

State governments have been given the responsibility of monitoring compliance with these rules.

Direct Selling Entities are required to have at least one physical location as a registered office within India, according to the rules.

They should make a self-declaration that the Direct Selling Entity has followed the rules and is not involved in a pyramid scheme or money circulation scheme.

All products sold by a direct selling company must adhere to the declarations made under the Legal Metrology Act of 2009.

Flex-Fuel Vehicles and Flex-Fuel Strong Hybrid Guidelines

Guidelines for Flex-Fuel Vehicles and Flex-Fuel Strong Hybrid Electric Vehicles were released by the Union Ministry of Road Transport and Highways.

Highlights:

Automatic manufacturers in India have been instructed to begin producing Flex Fuel Vehicles (FFV) and Flex Fuel Strong Hybrid Electric Vehicles in accordance with guidelines (FFV-SHEVs).

This will help India replace its petroleum imports as a fuel source while also providing direct benefits to farmers.

FFV-SHEVs are equipped with powerful Hybrid Electric technology.

CEBRs Indian Economy Prediction

According to the Centre for Economics and Business Research (CEBR), India will reclaim sixth place from France in 2022 and move up to third place in 2031.

Highlights:

India was predicted to become the third-largest economy in the world by 2030.

China will overtake the United States in 2030, according to the CEBR’s annual World Economic League Table.

According to the report, India’s ranking in the World Economic League Table will improve over the next 15 years (WELT).

Global Environment and Climate Action Citizen Award Presented In Dubai

the Global Environment and Climate Action Citizen Award were presented in Dubai.

Highlights:

Surat’s noted industrialist Viral Desai received the prestigious Global Environment and Climate Action Citizen Award.

Because of his passion for the environment, Viral Desai is known as Greenman.

At Dubai’s Atlantis, The Palm, the Sanskruti Yuva Sansthan presented Viral Desai and other winners with the ‘Bharat Gaurav Samman.’

The prestigious Awards were presented to 28 prominent figures from 11 countries, including the United Kingdom, the United States, France, New Zealand, and Malaysia.

Ziyuan-1 02E Launched by China

China launched a new Earth observation satellite named “Ziyuan-1 02E” into space.

The satellite was launched with the goal of discovering new https://exam.pscnotes.com/natural-Resources“>Natural Resources.A smaller satellite was also launched, which will be used to teach Geography at a Beijing school.

The Long March 4C rocket launched both satellites from the Taiyuan Launch Center in Sjanxi Province.

The Earth observation satellite Ziyuan-1 02E is part of a series of Ziyuan-1 satellites. Its most

recent version, Ziyuan III 03., was released in July 2021.

Merger of Air India and Vistara

The Singapore Airlines (SIA) will get 25.1 per cent stake in the merged entity at an of Rs 2,058.5 crore (250 million USD). The rest of the stake will be held by Tata.

These stakes will be in an enlarged Air India Group, which will have Air India, Vistara, AirAsia India and Air India Express. The merger of all these airlines are expected to be completed by March 2024 after receiving regulatory approvals.

The Air India Group is already in

the process of merging Air India Express and AirAsia India into a single entity that will provide low-cost flight Services.

Nai Chetna Campaign

Nai Chetana is a gender campaign launched in all Indian states under the National Rural Livelihoods Mission.

Over the next five years, this campaign seeks to build a common understanding and recognition of disadvantages and discrimination faced by Women across all levels among community institutions, rural communities and government departments.

The theme for this years campaign is Gender Based Violence. It will

be organized from November 25 to December 23 this year.

This nationwide campaign aims to sensitise women, especially those in rural regions, about gender-based violence and make them aware about various institutional mechanisms that are available to help them address such violence.

Govt launches national forest fire helpline

Nearly three years after being suggested byLok SabhaMPs to have such an alert mechanism, the Environment ministry has set up a national helpline forforest firecases in the country. The move will help forest officials to reach the spot faster and prevent the fires from spreading.

As far as forest fire is concerned, nearly 36% (2,53,151 sq. km) of the forest cover in India is considered prone to forest fires. There are 26 most forest fire affected districts, spread over 11 states, in India. The forest fire season in the country is normally from November to June with the majority of it being caused due to man-made factors.

North-eastern states show the highest tendency of forest fire with Mizoram, Tripura, Meghalaya and Manipur reporting highest forest fire Probability in terms of its frequency.

According to theForest Survey of India(FSI) that has been assisting state forest departments and other agencies to deal with the problem since 2004, parts of western Maharashtra, southern part of Chhattisgarh, central part of Odisha and few parts ofAndhra Pradesh, and Karnataka are showing patches of extremely and very highly fire prone zones.

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UNGA Resolution on International Tax Cooperation Framework

The United Nations General Assembly has unanimously adopted a resolution to develop an international tax cooperation framework or instrument based on a UN intergovernmental process. Nigeria submitted this resolution on behalf of a consortium of 54 African countries.

The proposed UN framework on global tax cooperation will put an end to the Organisation for Economic Co-operation & Developments 60-year role as the regulator of taxations across the world. Similar framework has been proposed by the OECD. It has been under development in the OECD for nearly a decade but its final draft is yet to be given. The proposed UN framework will likely put an end to the power struggle between the UN and the OECD on international tax regulations.

The proposed framework is expected to benefit developing countries in Africa and Asia since they are provided with a larger say on the formulation of global tax regulations.