9 PM Current Affairs Brief – June 8th, 2018

India not ready to sign the Hague treaty Hague treaty, inter-country abduction of children by parents News: India is not yet ready to sign the Hague treaty on the civil aspects of international child abduction. Important facts: There has been immense pressure from the U.S. on the government to sign the treaty. A committee constituted… Continue reading India not ready to sign the Hague treaty

Averting Ponzi schemes Ponzi schemes, bills News: The Banning of Unregulated Deposit Schemes Bill, 2018 was approved by the Union Cabinet. Important facts: Objectives: To provide comprehensive legislation to deal with illicit deposit schemes in the country. To protect the savings of the investors. The bill is aimed at tackling the menace of illicit deposit… Continue reading Averting Ponzi schemes

Violence in the hills Shilliong unrest, north east News: Curfew was imposed in some parts of Meghalaya’s state capital Shillong following a clash that broke out between the police and a violent mob in the city’s Motphran area. Important facts: Issue involved: There was a scuffle between members of the Mazhabi Sikh community, long-time settlers in the Punjab… Continue reading Violence in the hills

Sustaining earth for the future Ecology and environment Article: Kamal Bawa, President of ATREE, India, and Distinguished Professor of Biology at the University of Massachusetts, Boston, expressed his views about environment protection in India. Important Analysis: Need to protect the planet : The author empahsised that India is in need of a massive new efforts… Continue reading Sustaining earth for the future

UN India business forum, NITI Aayog form consortium to help women entrepreneurs Women entrepreneurs, startups News: The UN India Business Forum and the Women Entrepreneurial Platform of NITI Aayog recently formed a consortium to reduce gender disparities in start-up investments. Important facts: The Consortium will bring together key ecosystem stakeholders, including venture capitalists and impact… Continue reading UN India business forum, NITI Aayog form consortium to help women entrepreneurs

‘PSB recap plan inadequate for growth’ Banking reform, economy News: The government’s recapitalisation plan for the 21 public sector banks (PSBs) will not be sufficient to support credit growth but will take care of the provisioning requirement for bad loans, according to Moody’s. Important facts: In October last, the Centre had announced the infusion of… Continue reading ‘PSB recap plan inadequate for growth’

DAC approves procurement of radars, air cushion vehicles Defence Acquisition Council (DAC), air cushion vehicles (ACVs) News: The Defence Acquisition Council (DAC) approved procurement of high powered radars for the Indian Air Force and air cushion vehicles for the Army. Important facts: The DAC meeting, chaired by Defence Minster Nirmala Sitharaman, was scheduled to discuss… Continue reading DAC approves procurement of radars, air cushion vehicles

The Thoothukudi fables Civil society, Sterlite protest Article: Shiv Visvanathan, an academic associated with the Compost Heap, emphasized the role of civil society aftermaths Thoothukudi violence in Tamil Nadu. Important Analysis: Issues involved: Recently in Thoothukudi, the police shot down 13 people who were agitating against the Vedanta owned Sterlite Copper plant. It was in… Continue reading The Thoothukudi fables