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Facts in news is published on a weekly basis that consists a gist of all crucial news articles from ‘The Hindu’ that may bear relevance to Civil Services Preparation.
Here is the Summary of all current happenings from around the world for the fourth week of September.
Download Facts in News PDF file here.
| BILLS, PROGRAMS, POLICIES, SCHEMES, ORDERS, JUDGMENTS | |
|---|---|
| HEADLINES | FACTS |
| MF schemes to fall under five heads: SEBI | • The Securities and Exchange Board of India (SEBI) has directed mutual funds to categorise all their schemes into five broad groups namely: equity, debt, hybrid, solution oriented and other. • Further, within the broad groups, the regulator has allowed fund houses to have schemes based on parameters such as market capitalisation, investment strategy, tenure of instruments (for debt schemes) and the share of equity and debt. SEBI: • The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. It was established in the year 1988 and given statutory powers on 30 January 1992 through the SEBI Act, 1992. |
| Govt to reconstitute new Waqf Board by October | • The Aam Aadmi Party (AAP) government has indicated that it is on the brink of reconstituting the Delhi Waqf Board. • Sources in the Delhi government claimed the sevenmember Board could be formed over the course of October. Central Wakf Council: • Central Wakf Council, India is an Indian statutory body established in 1964 by the Government of India under Wakf Act, 1954 (now a sub section the Wakf Act, 1995) for the purpose of advising it on matters pertaining to working of the State Wakf Boards and proper administration of the Wakfs in the country. • Wakf is a permanent dedication of movable or immovable properties for religious, pious or charitable purposes as recognized by Muslim Law, given by philanthropists. • The grant is known as mushrut-ul-khidmat, while a person making such dedication is known as Wakf. |
| Centre proposes three-year licence for contractors | • The government has proposed a major overhaul in the contract labour law, which includes a three-year licence for contractors to work across the country instead of a separate one for new work orders. The Provisions: • Contractors will no longer require a licence for undertaking each project, as per the proposed changes to the Contract Labour (Regulation and Abolition) Act, 1970. • The contractors can obtain a one-time licence valid for three years to work anywhere in the country from the Central Government. • The contractor will have to clearly define a particular area of work. • If the contractor wants to work in a single State for up to three years, the permit needs to be obtained from the State Government, according to the proposal. • However, the contractor will need to inform the government whenever it receives a work order from a company, failing which the licence may be cancelled, the proposed law stated. |
| DCW issues notice to school | • The Delhi Commission for Women (DCW) has sent a notice to the school in Malviya Nagar where a six-year-old girl was allegedly sexually assaulted in the washroom by a male attendant. • It is stated that the minor had gone to the washroom and sought help. • The commission sent a notice to the school demanding a detailed report on security lapses that led to the assault, details of action taken against all staff members involved in the security lapse and all relevant CCTV footage.• The commission also asked for employment details of the accused. |
| M.P. mulls law to protect senior citizens | • The Madhya Pradesh government is mulling a law to ensure the security and care of senior citizens in the State. • The move is aimed at discouraging the children from ignoring and disrespecting their parents in their old age. • Information on senior citizens staying alone in urban areas, towns and big villages will be collected and listed to ensure they get proper services and security. • A helpline will be launched and a senior citizens’ panchayat would also be held at the CM’s House |
| Ministries told to spell out specific targets for 2022 | • The Cabinet Secretariat has asked all Central government departments to work out specific targets to be achieved by 2022. • The Ministries have also been asked to adopt the tenet of ‘minimum government, maximum governance’ in their work, by using technology, so as to improve processes and service delivery. • Also, the Departments have been told to identify five-seven major reform areas that need attention, while highlighting ‘transformative changes’ already undertaken. • The Ministries have also been asked to ensure that there is no difference in their responses to questions raised in Parliament by MPs and questions received under the Right to Information Act. |
| Stop encroachment at Chandni Chowk or face action, says HC | • The Delhi High Court has warned of serious action against the municipal corporation and the police if they fail to stop encroachments. • Despite a Supreme Court order that the police will be held responsible for encroachments in Chandni Chowk, it was found that the orders are not being complied with. Encroachments: • Encroachment is a term which implies "advance beyond proper limits," and may have different interpretations depending on the context. |
| Now, unique IDs to tackle monkey population in city | • The Delhi High Court is collaborating with Wildlife SOS to ensure that the monkeys get unique permanent IDs to avoid overlapping of sterilisation process. • The HC has directed authorities to prepare an action plan in support of this project. • The project aims at tackling conflict between humans and rhesus macaques in a scientific and humane way through vaccinations and laparoscopic surgical intervention. |
| ONGC | • ONGC plans to drill nine wells on the discovery that lies in water depths of 2,400- 3,200 metres. • It will produce a peak output of 19 million standard cubic metres per day. • UD-1 holds some 75 billion cubic metres of inplace reserves. The Northern Discovery Area (NDA): • The Northern Discovery Area (NDA) has 11 oil and gas discoveries while Southern Discovery Area (SDA) has the nation’s only ultra-deepsea gas find of UD-1. • These finds have been clubbed into three groups — Cluster-1, Cluster-II and Cluster-III. |
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