Telangana to Launch Insurance Scheme to Support Bereaved Weavers' Families
Aiming to provide financial support to the bereaved families of handloom and power loom weavers in Telangana, the state government would launch the 'Nethana Beema' scheme on August 7.
Telangana government is implementing various welfare schemes to uplift the weaver's community in the state.
The families of the deceased weaver will receive an amount of Rs. 5 lakh under the scheme.
The Department of Handlooms and Textiles of the state government will be the nodal agency for the implementation of this scheme.
Lok Sabha passes Wild Life (Protection) Amendment Bill, 2021
The Wild Life (Protection) Amendment Bill, 2021 was passed by Lok Sabha. The bill, first introduced in Lok Sabha by the Minister of Environment, Forest and Climate Change on December 17, 2021, amends the Wild Life (Protection) Act, 1972.
The bill aims to implement the Convention on International Trade in Endangered Species of Wild Fauna and Flora and expand the number of species protected by the convention. CITES is a convention that requires countries to regulate the trade of all listed specimens through permits and regulate the possession of live animal specimens so it does not threaten the survival of the species.
Aug 02, 2022
Parliament Passes Bill to Ban Funding of Weapons of Mass Destruction
Parliament approved the Weapons of Mass Destruction Bill, with the Rajya Sabha clearing it.
The approval of the Bill, which tightens the noose around financiers, came on a day the review conference of Non-Proliferation of Nuclear Weapons Treaty (NPT) began in New York. India is among the handful of countries that is not a member of the NPT despite possessing nuclear weapons.
The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Amendment Bill, 2022, was introduced in the Lok Sabha on April 5, 2022.
The Bill amends the earlier WMD Act of 2005 with the focus on tightening the provisions on financing. The Bill bars persons from financing any prohibited activity related to weapons of mass destruction and their delivery systems.
RS Passes Indian Antarctic Bill
The Rajya Sabha passed the Indian Antarctic Bill 2022 amid sloganeering by the opposition MPs which forced the adjournment of the House.
The Lok Sabha had given its approval to the bill on July 22.
The Indian Antarctic Bill was introduced in the Rajya Sabha by Earth Sciences Minister Jitendra Singh. The bill was passed with a voice vote after a brief discussion amid protests by the opposition members.
The bill seeks to protect the environment of the Antarctic along with dependent and associated ecosystems and to give effect to the Antarctic Treaty. India has two active research stations in the Antarctic -- Maitri and Bharti.
The bill proposes to prohibit Indian expedition to Antarctica without a permit or written authorisation of another party to the Antarctic Treaty. It also provides for inspection by an officer appointed by the government and for a penalty for contravention of certain provisions of the legislation.
Aug 01, 2022
PM Launches Power Ministry's Flagship Revamped Distribution Sector Scheme
Prime Minister Narendra Modi launched the 'revamped distribution sector scheme' to improve the operational efficiency and financial sustainability of power distribution companies.
The ministry of power's flagship revamped distribution sector scheme is aimed at improving the operational efficiencies and financial sustainability of the discoms and power departments. With an outlay of over Rs. 3 trillion over a period of five years from FY 2021-22 to FY 2025-26, the scheme aims to provide financial assistance to DISCOMS for modernization and strengthening of distribution infrastructure, focussing on the improvement of the reliability and quality of supply to end consumers.
The scheme also aims to reduce the AT&C (aggregate technical and commercial) losses to pan-India levels of 12-15% and the ACS-ARR (average cost of supply-average revenue realized) gap to zero by 2024-25 by improving the operational efficiencies and financial sustainability.
Jul 31, 2022
Lok Sabha Passes National Anti-Doping Bill, 2021
Lok Sabha passed the National Anti-Doping Bill, 2021 by voice vote. The bill seeks to provide a statutory framework for the functioning of the National Anti-Doping Agency (NADA) and the National Dope Testing Laboratory in sports.
Its functions include planning, implementing, and monitoring anti-doping activities as well as investigating anti-doping rule violations.
It also seeks to give effect to the United Nations Educational, Scientific and Cultural Organisation International Convention against doping in sports and compliance of such other obligations and commitments. The legislation prohibits athletes, athlete support personnel, and other persons from engaging in doping in sports.
Under the new legislation, violation of anti-doping rules may result in disqualification of results including forfeiture of medals, points, and prizes, ineligibility to participate in a competition or event for a prescribed period, and financial sanctions.
Jul 30, 2022
ECGC Unveils Scheme for Benefit of Small Exporters
The Export Credit Guarantee Corporation of India (ECGC) launched a new scheme to provide enhanced export credit risk insurance amid rising uncertainties in global trade.
The scheme provides enhanced export credit risk insurance cover up to 90 per cent to support small exporters under Export Credit Insurance for Banks Whole Business Packaging Credit and Post Shipment (ECIB- WTPC&PS).
In this regard it has signed up State Bank of India (SBI) under the Export Credit Insurance for Banks Whole Turnover Packaging Credit and Post Shipment (ECIB- WTPC & PS). SBI has agreed to provide export credit at repo rate plus 1.3%. Other banks are also expected to sign up for this scheme.