Вы находитесь на странице: 1из 27

APRIL ’19

CA SUPPLEMENT 2019

CONTENT

National 1
State 4
International 6
Economy 11
Science and Technology 15
Environment 18
Bills & Acts 19
Defence 20
Persons in News 23
Places in News 24
Awards 24
Sports 25
Art & Culture 26

www.theopusway.com
APRIL ’19
CA SUPPLEMENT 2019

Current Affairs These outrageous health-related expenditures push


National some 57 million people into poverty every year. Even
though the government has launched various initiatives
SAECKs – Special Kits to Probe Sexual Assault Cases to provide treatment to citizens for free or at nominal
The Union Ministry of Home Affairs has distributed over charges, India is yet to achieve its highest potential in
3,100 special kits SAECKs for collecting blood and semen terms of healthcare.
samples, besides other evidence, to carry out immediate There is one government doctor for every 10,189 people
investigations into sexual assault cases among states and in India against the World Health Organisation's (WHO)
Union Territories. The SAECKs are being procured with recommendation of having a ratio of 1:1,000 doctors to
financial support under the Central government's patients.
Nirbhaya Fund and the Ministry of Home Affairs has The nurse to patient ratio is 1:483 which implies a
procured 3,120 SAECKs and distributed these to the shortage of two million nurses.
states and UTs.
Health Ministry Urged to Frame Law to Ban
Medicine Labels in Regional Language Manufacture, Sale of e-cigarettes
The Ministry of Health and Family Welfare has said that The Ministry of Commerce and Industries has urged the
in order to curb fake, sub-standard and expired drugs Health Ministry to frame law banning manufacture and
drug names and expiry date during tendering will be in sale of e-cigarettes in the country as in the absence of the
Hindi/regional language along with English. domestic legislation, it would not be possible to put a
In the beginning, the proposal will be implemented for blanket ban on its imports.
Iron tablets and polio drops as they are the drugs most The Ministry of Commerce and Industries has stated that
commonly administered to children at government without banning domestic sale and manufacturing of
centres. The Health Ministry has stated that if the rollout Electronic Nicotine Delivery Systems (ENDS) through law,
is successful and the feedback encouraging, then the it will be an infringement of global trade norms to put an
proposal could be extended to other medicines. import ban.
The government has taken the step to ensure that those
seeking drugs under government schemes have access State of World Population 2019
to all the requisite information about them. The decision The United Nations Population Fund has released the
to incorporate regional languages was taken as per the State of World Population 2019 report.
advisory of the Drugs Technical Advisory Board (DTAB). Findings of the Report
# India's population grew at an average annual rate of
Shortage of Doctors in India 1.2 per cent between 2010 and 2019 to 1.36 billion. It
The report by the Center for Disease Dynamics, was more than double the annual growth rate of
Economics & Policy (CDDEP) in the US has made the China.
following observations about the healthcare system in # India's population in 2019 stood at 1.36 billion. The
India: population has grown from 942.2 million in 1994 and
India has a shortage of an estimated 600,000 doctors 541.5 million in 1969.
and 2 million nurses. # China's population stood at 1.42 billion in 2019.
Lack of properly trained staff to administer antibiotics is China's population increased from 1.23 billion in 1994
preventing patients from accessing life-saving drugs. and 803.6 million in 1969.
Even when antibiotics are available, patients are often # China's population grew at an average annual rate of
unable to afford them. 0.5 per cent between 2010 and 2019.
Further unqualified doctors prescribing antibiotics in # The total fertility rate per woman was 5.6 in 1969. It
improper amounts to the patients can be harmful or dropped to 3.7 in 1994 and 2.3 in 2019.
expensive for them. # India has recorded an improvement in life expectancy
About 65% of health expenditure is out-of-pocket in at birth. The life expectancy at birth in 1969 was 47
India. years, growing to 60 years in 1994 and 69 years in
2019.

www.theopusway.com Page 1
APRIL ’19
CA SUPPLEMENT 2019

# 27 per cent of India's population was in the age PM May Repeats 'deep regret' Jallianwala Bagh
bracket of 0-14 years and 10-24 years each, while 67 British Prime Minister Theresa May reiterated the UK
per cent of India's population was in the 15-64 age government's long-standing expression of 'deep regret'
bracket. Six per cent of India's population was of the over the April 1919 Jallianwala Bagh massacre and called
age 65 and above. the massacre a 'shameful scar' on British Indian history.
# Maternal Mortality Ratio (MMR) in the country But the words of PM May fell short in issuing a formal
dropped from 488 deaths per 100,000 live births in apology.
1994 to 174 deaths per 100,000 live births in 2015. Since 2019 was the centenary of the horrendous act
# The absence of reproductive and sexual rights has there was a growing demand from many quarters for the
major and negative repercussions on women's formal apology including Indian diaspora and Labour
education, income and safety in India, leaving them leader Jeremy Corbyn.
unable to shape their own futures. The UK government has announced that on the
# Early marriage continues to present a major cultural centenary of the massacre British high commission in
obstacle to female empowerment and better New Delhi would visit the memorial site on April 13 and
reproductive rights. lay a wreath. There would be a public acknowledgement
of the centenary and the sense of 'deep regret' in events
PCI guidelines on Election Reporting and Paid News organised in the UK.
The Press Council of India (PCI) has issued the guidelines
for the media to give objective reports about the SC directs EC to raise random matching of VVPAT slips
election and cautioned it against the phenomenon of The Supreme Court has directed the Election
paid news. The guidelines call for: Commission of India (ECI) to increase the random
Newspapers are not expected to indulge in unhealthy matching of paper trail machine slips with EVM results
election campaigns, exaggerated reports about any from one to five polling booths in each assembly segment
candidate or party during the elections. for the multiphase Lok Sabha polls. The Supreme Court
PCI cautioned the press to eschew reports which tend to has said that the move will bring more “credibility” and
promote feelings of enmity or hatred between people “integrity” to the electoral process.
on the grounds of region, religion, race, caste, VVPAT machines are being used for the first time in any
community or language. Lok Sabha elections. They were deployed in some
The press should refrain from publishing false or critical parliamentary and assembly bypolls.
statements in regard to the personal character and The polling station where VVPAT slips are matched with
conduct of any candidate or in relation to the EVM results is decided by a draw of lots or lottery system
candidature or withdrawal of any candidate or in the presence of candidates.
candidature, to prejudice the prospects of that
candidate in the elections. ITBP Soldiers Cast First Vote for 2019 Polls
PCI cautioned against publishing unverified allegations The first vote for the upcoming Lok Sabha elections was
against any candidate or party. cast in Arunachal Pradesh by service voters from a
Whenever the newspapers publish pre-poll surveys, remote Indo-Tibetan Border Police (ITBP) unit located in
they should take care to preface them conspicuously by the eastern tip of the state of Arunachal Pradesh.
indicating the institutions which have carried on such Votes through postal ballots have been cast from
surveys, the individuals and organisations which have Lohitpur for many constituencies in India and the ballot
commissioned them, the size and nature of sample papers have been dispatched.
selected and the method of selection of the sample for Who are Service Voters?
the findings. Service voters are those who have service qualification
PCI has also asked the media to guard against paid news and include members of Armed Forces of the Union of
which is defined as “any news or analysis appearing in India, members of Armed Police forces of the States
any media (print & electronic) for a price in cash or kind serving outside that state and persons employed under
as consideration.” Government of India on posts outside India.

www.theopusway.com Page 2
APRIL ’19
CA SUPPLEMENT 2019

EC bans publication of Uncertified ads on Polling Day & rumours starting with the run-up to the Lok Sabha
Day Before elections.
The Election Commission of India (ECI) has barred Curbing Fake News.
parties, candidates and others from publishing political Users can check the authenticity of the information or
advertisements on polling day and a day prior to it in rumours received on the platform by reporting the
each of the seven phases of Lok Sabha polls unless their forward to the WhatsApp number +91-9643-000-888.
contents are pre-certified by screening committees. The response will indicate if the information is classified
The Election commission has stated that the Media as 'true', 'false', 'misleading', 'disputed' or 'out of scope',
Certification and Monitoring Committee at the state and and include any other related information.
district levels be immediately activated to examine and Pictures, video links or texts in Hindi, Telugu, Bengali,
pre-certify all such advertisements received from the Malayalam and English will be reviewed by WhatsApp.
political parties. This tip line feature has been developed by WhatsApp in
collaboration with India-based media skilling startup
ADB cuts India growth forecast to 7.2% for 2019-20 PROTO.
The Asian Development Bank (ADB) in the recent Asian The tip line feature will help to create a database of
Development Outlook report has made the following rumours to study misinformation during elections as part
observations in the forecast for the financial year 2019- of a research project commissioned and assisted by
20: WhatsApp.
India's growth forecast was lowered for 2019-20 to 7.2%
from 7.6% estimated earlier due to moderation in global Government Proposes Committees to decide on
demand and likely shortfall in revenue on the domestic complaints against CIC and ICs
front. The government has proposed setting up bureaucrat-led
Despite the downgrade in growth rate, India will remain committees that would sit and decide on complaints
the fastest growing economy, as China is projected to against the Chief Information Commissioner (CIC) and
grow at 6.3% in 2019. Information Commissioners (ICs).
ADB has cut the growth estimate to 7% from 7.3% The government has proposed setting up of two
projected in December last year for the just-concluded committees:
fiscal (2018-19). One to receive and decide on complaints against the CIC.
Growth is expected to rebound to 7.2% in 2019-20 and The committee would include the Cabinet Secretary;
7.3% in 2020-21 as policy rates are cut and farmers Secretary, DoPT; and a retired CIC.
receive income support, bolstering domestic demand. Second one for complaints against Information
This growth turn around will reverse two years of the Commissioners. The committee would comprise of
declining trend as reforms to improve the business and Secretary (Coordination) in the Cabinet Secretariat;
investment climate take effect. Secretary, DoPT; and a retired IC.
The growth forecast for India has some downside risks
such as moderation in global demand as financial EC ropes in Community Radio Stations to Educate Voters
conditions tighten, uncertainty arising out of global The Election Commission of India (ECI) in a first of its kind
trade tensions, and the weak economic outlook in initiative has reached out to over 150 community radio
industrial countries. stations across the country to educate and inform the
The growth could suffer if tax revenue falls short or any voters ahead of the general elections.
disruption affects the ongoing resolution of the twin To facilitate the collaboration a workshop was organised
balance sheet problem of bank and corporate balance by India International Institute for Democracy and
sheets. Electoral Management (IIIDEM), in partnership with
Seeking Modern Applications for Real Transformation
WhatsApp Launches Tip Line to curb Fake News (SMART), at IIIDEM, Dwarka.
Social Media Platform WhatsApp has launched an India- The Workshop was organised for training and capacity
focused fact-checking feature to combat fake news and building of the community radiosfor voter education and
awareness.

www.theopusway.com Page 3
APRIL ’19
CA SUPPLEMENT 2019

Current Affairs Utkarsh Bangla


States Utkarsh Bangla Scheme is aimed at providing vocational
training to school dropouts. The beneficiaries of the
Himachal Pradesh Celebrates 72nd State Day scheme will be trained in driving, tailoring, repairing
Himachal Pradesh celebrated 72nd Himachal Day on television and other electronic equipment's, beautician
15th April with gaiety and fervour. Himachal Day is courses etc.
celebrated to commemorate its creation. Sabooj Sathi
Genesis of the Himachal Day Sabooj Sathi is a scheme of West Bengal government for
Before independence, most of the areas of Himachal distribution of bicycles to the students of class IX to XII
Pradesh was part of Punjab state and during that time studying in Govt. run and Govt. aided Schools and
this region was divided into four different regions such as Madrashas.The scheme was launched in September
Chamba, Mandi, Shimla etc. 2015.
After the independence, in 1948 the state was declared
as a union territory. Nagaland observes 75th anniversary of Battle of Kohima
On the 15th April Chief Commission inaugurated this Nagaland observed the 75th Anniversary of the Battle of
territory and after that this day was celebrated as Kohima. The event was attended by the representatives
'Himachal Day' every year. from the UK and Japan who spoke on the theme of
'Remembrance, Reconciliation and Rebirth'.
Project Kannamma The dignitaries from the UK and Japan sought
Project Kannamma is the initiative of the Rotary Club of reconciliation and forgiveness for the sufferings and pain
Madras North to provide sanitary napkins to the caused against each other at the Battle of Kohima, that
students. It was started in August of 2018 by providing was fought in three stages during the Second World War
free, biodegradable sanitary napkins to 82 students at in 1944.
the Government High School in Uthandi of Tamil Nadu.
Today under the Project Kannamma, sanitary napkins Curbs on civilian traffic on Jammu-Srinagar Highway
are provided to over 300 students from across A government notification has stated that the national
Government Schools in and around Chennai. highway from Baramulla to Udhampur in Jammu and
The sanitary napkins are provided by the Irula Tribal Kashmir has been put out of bounds for civilian traffic
Women's Welfare Society (ITWWS). twice a week till May 31. During this time no civilian
Women from the ITWWS make 1000 pads per day, using vehicles will be permitted on the national highway on
Arunachalam Muruganantham machines. Sundays and Wednesdays.
The sanitary napkin, under the brand Aavaram, is Why the Ban is being implemented?
prepared with natural raw materials such as cotton and The ban is being implemented to facilitate the
wood pulp, and a pack of six costs just Rs 22. unhindered movement of security forces' convoys and
The teachers are given the requisite number of packs per eliminate the possibility of fidayeen or suicide terror
month and they distribute the pads to the students. attacks during the ongoing Lok Sabha election process.
The ban on civilian traffic would be effective from
Utkarsh Bangla and Sabooj Sathi Schemes of West Baramulla to Udhampur through Srinagar, Qazigund,
Bengal gets Global Recognition Jawahar-Tunnel, Banihal and Ramban and would be in
The schemes of the West Bengal government 'Utkarsh force on the two days from 4 am to 5 pm.
Bangla' (skill training of youth) and 'Sabooj Sathi' (cycles In case of any emergency requiring passage of a civilian
for students) won the World Summit on the Information vehicle, the police and administrative officials would take
Society (WSIS) awards of UN. appropriate decisions in line with the provisions of
Utkarsh Bangla got the topmost award and emerged as a movement of civilian traffic during curfews.
winner in the Capacity Building category and the Sabooj
Sathi was ranked in the first five as a champion project AFSPA withdrawn partially from Arunachal Pradesh
under ICT application: E-Government category. The Armed Forces (Special Powers) Act (AFSPA) was
partially removed from three of nine districts of
Arunachal Pradesh but would remain in force in the areas

www.theopusway.com Page 4
APRIL ’19
CA SUPPLEMENT 2019

bordering Myanmar. Odisha Divas 2019


The State of Arunachal Pradesh had inherited AFSPA The state of Odisha celebrates Odisha Divas or Utkala
since the day of its formation. AFSPA enacted by Divas every year on April 1st to commemorate the state
Parliament in 1958 and was applied to the entire State of formation day. On this day 82 years ago, Orissa (now
Assam and the Union Territory of Manipur. After Odisha) was established as a province of British India.
Arunachal Pradesh, Meghalaya, Mizoram and Nagaland Odisha Timeline
came into being, the Act was appropriately adapted to In 1912, Bihar and Orissa had been separated from
apply to these states as well. Bengal to form the Bihar and Orissa Province.
In 1936, Bihar and Orissa Province was itself split to form
Café Scientifique in Kerala Bihar Province and Orissa Province.
A group of science experts of the Hume Centre for On 1 April 1936, the new province Orissa came into being
Ecology and Wildlife Biology in Kerala are gearing up to with Sir John Austin Hubback, Indian Civil Servant (ICS), as
launch 'Café Scientifique' to promote science among the the Governor.
public in an interesting way. Orissa was the first linguistic province in the country.
What is Café Scientifique?
Café Scientifique envisages bringing science back into Terror Monitoring Group for Jammu and Kashmir
popular culture by demystifying scientific research for The Union Home Ministry has announced setting up of a
the public and empowering non-scientists to Terror Monitoring Group (TMG) to ensure synergised and
comfortably assess science and technology issues, concerted action against terror financing and terror-
particularly those that impact social policymaking. related activities in Jammu and Kashmir.
Café Scientifique is a grassroots public science initiative
based on the French Café Philosophique model. Mandate of the Terror Monitoring Group
Taking action against hardcore sympathisers among
EPCA comes out with parking management plan for government employees including teacher's etc providing
Delhi overt or covert support to such activities.
As per the directions issued by the Supreme Court to TMG will act against all registered cases related to terror,
prepare a parking plan for the capital the Environment terror financing and terror-related activities and bring
Pollution (Prevention and Control) Authority (EPCA). them to a logical conclusion.
Assessment of the Problem TMG shall identify all key persons including leaders of the
Some Resident Welfare Associations (RWAs) have organisations who are involved in supporting terrorism in
demarcated parking lots and are levying extra charges any form and take concerted action against them.
for keeping a second or third car. Hence free parking on Investigate the networks of various channels being used
public land continues to be a city-wide menace. to fund terror and terror-related activities and take action
A serious crisis of night-time parking exists which in turn to stop the flow of such funds.
is leading to obstruction on roads and problems with the TMG will also investigate the network of various channels
movement of emergency vehicles, including being used to fund terror and terror-related activities and
ambulances, fire engines, etc.” take coordinated action to stop the flow of such funds.
Lack of regulation or charges over parking on public land
adds to the menace, as most car owners, in order to Punjab and Haryana High Court bars stating of caste in
avoid parking charges, shift to parking on the streets Proceedings
adding to congestion on the road. The Punjab and Haryana High Court has instructed states
Multi-Level Car Parks (MLCPs) remain under-utilised of Punjab, Haryana and Union Territory Chandigarh to
because there is no parking charge on public land and not mention the caste of the accused, victims or
parking in residential areas is not regulated or priced. As witnesses in proceedings before the court.
a result, there is no incentive to use the multi-level What did the High Court say?
parking lots or to pay for these. The High Court while passing a ruling in a murder case
where the Haryana police had mentioned the caste of the

www.theopusway.com Page 5
APRIL ’19
CA SUPPLEMENT 2019

accused witnesses and the victim during the US to End Sanctions Waivers to India
proceedings stated this is not permissible and the caste Reports suggest that the US could terminate the
system was profoundly illogical and was also against the sanctions waivers it granted to some importers of Iranian
basic tenets of the Constitution. oil after it re-imposed sanctions on Iran last year.
The High Court stated that mentioning the caste Ending of Sanction Waiver
separately in the criminal proceedings is a colonial Reports indicate that the US has already communicated
legacy and requires to be stopped henceforth. The to seven countries viz. Japan, South Korea, Turkey, Italy,
Constitution guarantees a casteless and classless Greece, China and India- that they will no longer be
society. All are born equal. exempt from US sanctions if they continue to import oil
The High court directed the governments to issue from Iran after their waivers end on May 2.
instructions to all investigating officers not to mention The ending of sanction waiver is part of the US strategy
the caste of the accused, victims or witnesses in recovery to exert maximum pressure and isolate Iran.
memos, FIRs, seizure memos, inquest papers and other The US has stated it wants to deprive the outlaw regime
forms prescribed under CrPC and Punjab Police Rules. of the funds that it has used to destabilise the Middle East
for decades and incentivise Iran to behave like a normal
T B N Radhakrishnan to be new Chief Justice of Calcutta country.
Justice Thottathil Bhaskaran Nair Radhakrishnan sworn-
in as the new Chief Justice of Calcutta Iran and Pakistan to set up a Joint Border Reaction Force
High Court. He was transferred from Telangana high Iran and Pakistan have agreed to set up a joint border
court to Calcutta High court. He succeeded reaction force following to counter the increasing
Biswanath Somadde. number of deadly attacks by militant groups on their
frontier.
Current Affairs Border Reaction Force
International Border rapid reaction force would be set up for
combatting terrorism since increased tensions over
First Global Conference on Synergies between the 2030 attacks on both sides of the frontier is causing heavy
Agenda and Paris Agreement in Copenhagen, Denmark casualties.
The first global multi-stakeholder conference on The Iran-Pakistan border skirts the volatile southeastern
synergies is summoned by (UN DESA) the UN Iranian province of Sistan-Balochistan which has been
Department of Economic and Social Affairs and the (UN the scene of frequent attacks on Iran's security forces.
FCCC) United Nations Framework Convention on
Climate Change between the 2030 Agenda for Indian Navy Ships to take part in Chinese International
Sustainable Development and the Paris Agreement on Fleet Review
climate change, was held in Copenhagen, Denmark. It Indian Navy warships INS Kolkata and tanker INS Shakti
was hosted by the Ministry of Foreign Affairs and the will take part in the Chinese international fleet review
Ministry of Energy, Utilities and Climate. to be held at Qingdao on April 23.
The International Fleet Review is being held by China to
Ramayana Themed Stamp Released by Indonesia commemorate the 70th Anniversary of the People's
Indonesia has released a special commemorative stamp Liberation Army's Navy. More than 60 countries are
on the theme of Ramayana to mark the 70th anniversary expected to join the commemorative event on 23 April.
of the establishment of its diplomatic ties with India.
About the Stamp Amartya Sen Chair in Inequality Studies
The stamp is designed by renowned Indonesian sculptor The London School of Economics (LSE) has announced
Padmashri Bapak Nyoman Nuarta. the establishment of the Amartya Sen Chair in Inequality
The stamp features a scene from Ramayana in which Studies to honour the Nobel laureate who has also
Jatayu valiantly fought to save Sita. It is a specially signed served as the Professor of Economics at LSE.
version of the stamp will be on display at the Philately Amartya Sen Chair in Inequality Studies
Museum in Jakarta. Amartya Sen Chair in Inequality Studies is a living
embodiment of the LSE's enduring commitment to

www.theopusway.com Page 6
APRIL ’19
CA SUPPLEMENT 2019

working for the betterment of society through research, The satellite was developed by two Nepalis Abhas
education and public engagement. Maskey and Hariram Shrestha at Japan's Kyushu Institute
Amartya Sen's theories of justice, equity and well-being of Technology.
transcend disciplines, build bridges to real-world policy
and practice, and inspire generations to improve the Benjamin Netanyahu Appointed as Prime Minister of
human condition. Hence by naming a chair after him, LSE Israel
is recognising one of the world's great thinkers on social President of Israel Reuven Rivlin has formally handed
equity. Benjamin Netanyahu his letter of appointment to start
building a coalition government following last week's
Mueller Report Released general election.
The United States Department of Justice has released President has stated that during his consultation with the
the special counsel Robert Mueller's report. The report political parties elected to the incoming 120-seat
looks into alleged Russian collusion in the 2016 parliament 65 MPs have recommended you Benjamin
Presidential elections which saw incumbent US Netanyahu as PM whereas 45 members supported his
President Donald Trump rise to power. main rivals from the Blue and White alliance led by ex-
What did the Mueller Report Say? military chief Benny Gantz and the 10 members of the
The report titled “Report on the Investigation into Arab parties recommending nobody.
Russian Interference in the 2016 Presidential Election”
makes the following observations: President Trump vetoes Bill to end U.S. support for
The Report says that it was unable to clear US President Yemen War
Donald Trump in the matter, stating that the President's President Donald Trump has vetoed the resolution from
action and intent “present difficult issues that prevent us the US Congress which directed him to end U.S. support
from conclusively determining that no criminal conduct for the civil war in Yemen.
occurred. Why the President has vetoed the Congress Resolution?
President Trump's campaign team knew they would President trump has stated the following reasons for
benefit from Russia's illegal actions to influence the vetoing the US Congress resolution:
action, but did not take criminal steps to help. Yemen is at a breaking point as 10 million people on the
The report states that the Russian government- brink of famine. There are more than 100 civilian
sponsored efforts to illegally interfere with the 2016 casualties per week, and Yemenis are more likely to be
presidential election, but did not find that the Trump killed at home than in any other structure.
campaign or other Americans colluded in those U.S. support for the war between the Saudi-backed
schemes. Yemeni government and Iran-aligned Houthi rebels was
necessary to protect the safety of the more than 80,000
Nepal's First Ever Satellite Launched into Space Americans who reside in certain coalition countries.
Nepal's first satellite NepaliSat-1 was launched into
space from the Virginia-based station of the National Indian peacekeeping Force in South Sudan Awarded UN
Aeronautics and Space Administration (NASA) in the US. Medal of Honour
NepaliSat-1 150 Indian peacekeepers serving with the UN Mission in
NepaliSat-1 will start rotating around the Earths orbit to South Sudan (UNMISS) were honoured with medals of
collect information about the country's topography and honour by the United Nations for their dedicated service
Earths magnetic field. and sacrifice.
The satellite also bears the Nepal flag and logo of Nepal United Nations Mission in South Sudan
Academy of Science and Technology (NAST). UNMISS is working to deter violence against civilians by
The satellite is equipped with a 5MP camera to capture providing a safe and secure environment for South
Nepal's topography and a magnetometer to collect data Sudanese people who have fled violence and sought
related to the Earth's magnetic field. sanctuary at Protection of Civilian sites across the
The images and data will be sent by satellite to the country.
ground station at NAST. UNMISS peacekeepers are also working to facilitate the
safe delivery of humanitarian assistance, such as food,

www.theopusway.com Page 7
APRIL ’19
CA SUPPLEMENT 2019

clean water, shelter and healthcare, to the millions of Shangri-La Dialogue in 2018.
displaced people.
UNMISS aims to provide a safe and supported Indo-Pacific Wing
environment so that these people can return to their The Indo-Pacific Wing is currently headed by joint
former homes and communities to live safely and with secretary Vikram Doraiswami.
dignity. The Indo-Pacific Wing is a big step by the government and
UNMISS also protects, monitors, investigates, and it is expected to give thrust to the Indo-Pacific centred
reports on human rights violations and abuses with a policymaking.
strong focus on the most vulnerable, such as women and The Indo-Pacific Wing integrates the Indian Ocean Rim
children and those who are subjected to sexual and Association (IORA), ASEAN region and the Quad.
gender-based violence.
Mohammed Ishtaye sworn in as New Palestinian PM
Raavana-1 launched into Space Mohammed Ishtaye was sworn in as the new Palestinian
Sri Lanka's first satellite Raavana-1 was launched into Prime Minister. He along with 24 ministers took the oath
space from NASA's Flight Facility on Virginia's east shore. of office before President Mahmoud Abbas.
Raavana-1 New Government of Palestine
Raavana 1 weights around 1.05 kg and is 1000 cubic It is the 18th Palestinian government since the
centimetres in size. establishment of the Palestinian Authority in 1995.
The minimum lifespan of the satellite is around one and Ishtaye and the ministers separately took the oath
a half years and it is expected to be active for five years. vowing to respect the law and the Palestinian
Raavana 1 satellite was designed and built at the Kyushu constitutional system.
Institute of Technology in Japan by two Sri Lankan The new government consisting of 24 ministers has
research engineers. representation from Palestine Liberation Organization
Raavana 1 satellite's camera mission is to capture images (PLO), Abbas' Fatah Party, the Palestinian People's Party,
of Sri Lanka and its neighbouring countries. the FIDA party, the Palestinian Popular Struggle Front, in
The Raavana-1 is expected to orbit 400 kilometres away addition to independent figures.
from the earth. Islamic Hamas movement and Islamic Jihad are excluded
The satellite will achieve an active attitude stabilization from the new government since Hamas has been ruling
which ensures that the satellite's attitude is stable under the Gaza Strip since it violently seized control of the
the influence of external talks. coastal enclave from Abbas' security forces in 2007.

Iran Parliament Labels US troops to Mideast as India seeks to push reforms at WTO
Terrorists The Ministry of Commerce and Industries is arranging a
Iran's Parliament has overwhelmingly approved a bill mini-ministerial meeting of developing countries on May
labelling U.S. forces in the Middle East as terrorist 13-14 to discuss the future of the multilateral body,
groups. This comes days after U.S. designation of Iran's World Trade Organisation (WTO) and the development
Revolutionary Guard as terrorist organisation formally agenda.
took effect. India is expected to invite close to two dozen countries
The bill introduced by the Iranian Defence Minister has for discussions on May 13-14. It is second such initiative
authorised the government to act firmly in response to undertaken by India since talks collapsed in Buenos Aires
“terrorist actions” by US forces and demands authorities in December 2017. Unlike the earlier initiative, the US
use of legal, political and diplomatic measures to and the European Union will not be part of the
neutralise the American move, without elaborating. discussions this time.
Agenda for the Discussion
Ministry of External Affairs sets up Indo-Pacific Wing A global framework for e-commerce, an issue that is
The Ministry of External Affairs has set up an Indo-Pacific being pushed hard by the US. China is not averse to
division in the foreign office. The Indo-pacific division is negotiations and maybe India would be willing for the
intended to give a coherent architecture to the Indo- discussions.
Pacific policy articulated by PM Narendra Modi at the US proposal to do away with special and differential

www.theopusway.com Page 8
APRIL ’19
CA SUPPLEMENT 2019

(S&D) treatment for developing countries such as India, About 85% of Rwandans were Hutus and the Tutsi
China, Brazil and South Africa. The special and minority has long dominated the country. In 1959, the
differential treatment allows developing countries to Hutus overthrew the Tutsi monarchy and tens of
maintain higher duties and implement agreements at a thousands of Tutsis fled to neighbouring countries,
slower pace than the developed world. including Uganda.
The US is arguing that the better-off developing
countries are eating up the gains that should accrue to David Malpass appointed as President of World Bank
the poorer nations in the category. David Malpass who held a senior role at the US Treasury
Ensure that WTO remains the key fulcrum of global trade and was the undersecretary for international affairs has
and attempts by the US to do away with the principle of a been appointed as the President of World Bank. He was
consensus-based approach. nominated by the US president Donald Trump. David
Discussions around reform of the dispute settlement Malpass had also held senior roles in the US Treasury
mechanism which the US is pushing for aggressively. during the Reagan and George HW Bush administrations.
David Malpass has also served as chief economist at Bear
Online Harms White Paper Stearns bank. Later he founded research group Encima
The UK Department of Digital, Culture, Media and Sport Global and held a number of directorships at finance
in association with Home Office have released the firms.
Online Harms White Paper.
The White paper sets out a programme of action to US House votes to end American involvement in
tackle content or activity that harms individual users, Yemen's Civil War
particularly children, or threatens our way of life in the The US House of Representatives has voted to end US
UK, either by undermining national security or by involvement in Yemen's civil war. The resolution to end
undermining our shared rights, responsibilities and the American Involvement in the civil war was approved
opportunities to foster integration. Public consultation by 247 to 175 votes. The resolution directs the US
has been called on for the white paper. President to remove US Armed Forces from hostilities in
or affecting the Republic of Yemen within 30 days. The
US to Designate Iran's Revolutionary Guards a Foreign resolution rejects the US Presidents support for the
Terrorist Group Saudi-led campaign in Yemen.
President Trump Administration of US has announced its
intent to designate the Islamic Revolutionary Guard India to set up agriculture institute in Malawi
Corps (IRGC) and its Quds Force, as a foreign terrorist The Ministry of External Affairs has signed an MoU with
organisation (FTO) in accordance with Section 219 of the National Bank for Agriculture and Rural Development
Immigration and Nationality Act. The designation is Consultancy Service (NABCONS) for setting up India-
expected to take effect from April 15. Africa Institute of Agriculture and Rural Development
The designation as FTO will impose sweeping economic (IAIARD) in Malawi.
and travel sanctions on the IRGC and on organisations, India-Africa Institute of Agriculture and Rural
companies, and individuals that have links to it. Development
IAIARD would be a Pan-African Institute wherein trainees
International Day of Reflection on the 1994 Rwanda not only from Malawi but also from other African
Genocide countries, will receive training to develop their human
International Day of Reflection on the 1994 Rwanda resources and build their capacity.
Genocide was observed on 7th April on 7th April in IAIARD will impart training in the areas of micro-financing
memory of the victims of the genocide in Rwanda. and agro-financing, among others.
1994 Rwanda Genocide The expenditure on faculty from India, the travel,
1994 Rwanda Genocide was the genocide against the logistics and training course expenses for students from
Tutsi community directed by members of the Hutu other African countries will be borne by the Government
majority government during the 100-day period from 7 of India for an initial period of three years.
April to 15 July 1994.

www.theopusway.com Page 9
APRIL ’19
CA SUPPLEMENT 2019

India gains access to Bolivian Lithium Reserves building of Bolivian professionals and to encourage
India and Bolivia have signed an agreement for the research and development.
development and industrial use of lithium, a prime MoU in the field of Traditional Systems of Medicine and
component used to power electric vehicles and cell Homeopathy to strengthen, promote and develop co-
phones during the state visit of the President Ram Nath operation in the fields of traditional systems of medicine
Kovind to Bolivia. and homeopathy between the two countries on the basis
Forging Partnerships of equality and mutual benefit.
India and Bolivia agreed to forge a mutually beneficial MoU between Indian Space Research Organisation and
partnership to facilitate Bolivian supplies of lithium Agencia Boliviana Espacial on Cooperation in the
Carbonate to India and foster joint ventures for lithium exploration and the uses of outer space for peaceful
battery/cell production plants in India. This agreement purposes to develop organizational basis and effective
will make Bolivia, which is known to have one-fourth of forms of bilateral interaction and to promote the
the world's lithium reserves, one of the major provider development of partnerships in the field of exploration of
of metal for India's e-mobility and e-storage needs. the outer space and application of space technologies for
The agreement facilitates mechanisms for the the benefit of the people of both countries.
commercialization of Lithium Carbonate and Potassium Framework Agreement on International Solar Alliance
Chloride produced in Bolivia by Yacimientos de Litio (ISA). Bolivia joins the International Solar Alliance to
Bolivianos Corporación (YLB – Corporación). collectively address key common challenges to the
scaling up of solar energy.
India-Bolivia Sign 9 MoUs
During the state visit of the President Ram Nath Kovind UAE scraps 'profession' criteria for expats to sponsor
to Bolivia the following 9 MoUs were signed: family
Agreement on Exemption of Visa for Diplomatic and The United Arab Emirates (UAE) has approved a new rule
Official Passport holders to facilitate entry into either for expats under which foreign workers will now be able
country of Diplomatic and Official Passport Holders to sponsor their family members if they fulfil certain
without a visa for a maximum of 90 days in any period of income criteria and has scrapped the previously listed
180 days. 'professions' criterion.
Agreement to promote the development of academic Indians in UAE
cooperation in the training of diplomats, including According to the data from the Indian Embassy, Indians in
structure and content and to update on international the UAE constitute the largest part of population of the
relations in the framework of the programmes and country. Approximately 3.3 million non-resident Indians
activities of the Parties. constitute about 30 per cent of the total population of
Agreement to provide technical advice to deepen the UAE.
necessary studies; contribute to establish continuous
cooperation between public and private companies on Zuzana Caputova elected first female President of
issues related to planning, construction and operation of Slovakia
the Corridor. Zuzana Caputova has won Slovakia's presidential
MoU on Cooperation in the field of Geology and Mineral election, making her the country's first female head of
Resources to promote and expand bilateral relations in state. Ms Caputova defeated high-profile diplomat
the field of geology and mineral resources between the Maros Sefcovic, nominated by the governing party. She
two countries based on principles of equality and mutual won 58% of the vote, with Mr Sefcovic trailing on 42%. Mr
benefit on a long and enduring basis. Sefcovic is the vice president of the European
Programme of Cultural Exchange for the period 2019-21 Commission.
to expand relationship in the field of culture through
various activities and exchange of groups, artists, UNSC Resolution on Terror Financing
exhibitions and film festivals etc. The United Nations Security Council (UNSC) has
Agreement to establish the Centre of Excellence for unanimously adopted a French-drafted resolution which
Information & Communication Technologies for capacity ordered countries worldwide to step up the fight against

www.theopusway.com Page 10
APRIL ’19
CA SUPPLEMENT 2019

terrorism financing by ensuring they have laws that the purchase as the oil trade cannot happen in
make it a serious crime to fund terrorist acts. anticipation.
UNSC Resolution Ministry of Petroleum and Natural Gas has stated that a
This resolution is the first stand-alone measure robust plan for an adequate supply of crude oil to Indian
dedicated specifically to counter the financing of refineries is in place. It has been stated that shortfall will
terrorism. be met through alternate supply sources available in
The resolution asks the states to ensure that their Saudi Arabia, Kuwait, UAE and Mexico.
domestic laws and regulations establish serious criminal
offences to prosecute those who collect funds or provide RBI to Divest its Entire Stake in NABARD and NHB
economic resources to terrorist organizations. The Reserve Bank of India (RBI) has sold its entire stakes
The resolution urges countries to establish financial in theNational Bank for Agriculture & Rural Development
intelligence units to strengthen efforts to counter (NABARD) andNational Housing Bank (NHB) for Rs 20
terrorism financing and to share information on their crore and Rs 1,450 crore respectively.
investigations.
The resolution will help the FATF to mount pressure on Disinvestment by RBI
more than 50 countries to pass new legislation on The decision to divest its entire stake was taken based on
countering terror financing. the recommendations of the second Narasimham
Committee. The committee had stated that RBI could not
own those entities which are regulated by it.
Current Affairs The government now holds a 100 per cent stake in both
Economy NHB and NABARD.

Reliance Mutual Fund partnering with Google, Departments to Conduct Review of Govt Guarantees
becomes the first Indian company to launch voice- The Ministry of Finance has asked all the departments to
based financial transactions undertake a review of government guarantees given by
Reliance Nippon Life Asset Management (RNAM) has respective ministries to their Central Public Sector
joined hands with Google to enable the Enterprises (CPSEs) or entities.
customers of Reliance Mutual Fund to carry out voice- Review of Government Guarantees
based financial transactions. With this, The review will look into aspects like whether the
RNAM becomes the first company in India, to provide discharge of repayment obligations or interest
conversational interface. obligations as per terms of the loan agreement and
covenants and conditions met.
IEPF Authority recovers Rs. 1514 Cr of Depositors Further, the details of CPSEs or entities on due guarantee
Money fee paid on time to the government should also be
The Investor Education and Protection Fund (IEPF) submitted.
Authority in a major success has recovered deposits
worth Rs 1,514 crore from Kolkata-based Peerless Govt suspends LoC trade with PoK
General Finance and Investment Company. This money The government has issued orders to suspend the Line of
of depositors was pending with the company for the last Control (LoC) trade between Jammu & Kashmir and Pak
15 years. Occupied Kashmir (PoK).
Why did the government suspend LoC trade?
India to stop Importing Crude Oil from Iran The LoC trade was initiated to facilitate the exchange of
In the backdrop of the US refusal to extend the sanctions goods of common use between local populations across
waiver for India to import crude from Iran, the Ministry the LoC in Jammu & Kashmir.
of Petroleum and Natural Gas has taken steps necessary On the contrary, the reports indicated that Cross LoC
steps to end the imports from Iran. trade routes were being misused by the Pakistan based
Even though India has urged the US to restore the elements for funnelling illegal weapons, narcotics and
sanction waivers it has decided to not to proceed with fake currency etc.
NIA probes also indicated that a significant number of

www.theopusway.com Page 11
APRIL ’19
CA SUPPLEMENT 2019

trading agencies engaged in LoC trade are operated by Programme for India by the International Monetary Fund
persons closely associated with banned terror (IMF) makes the following recommendations:
organisations involved in fueling terrorism/separatism. The level of non-performing loans in India remains high
and the IMF has favoured bolstering the level of
Guidelines for Monetisation of Non-Core Assets of capitalisation of some banks, particularly government-
CPSEs owned banks.
The Department of Investment and Public Asset Together with capitalisation, the report asks for
Management (DIPAM) has issued the guidelines for resolution and the recognition of Non-performing loans
monetisation of non-core assets of Central Public Sector as part of the process of cleaning up the banking system
Enterprises (CPSEs) and immovable enemy properties. of non-performing loans,
Guidelines for Monetisation of Non-Core Assets
An inter-ministerial group chaired by the secretary of World Economic Outlook April 2019
DIPAM will identify the non-core assets of the CPSEs on India's economy will grow 7.1% in 2019-20 and is
its own and also on the basis of recommendations of the expected to accelerate to 7.3% growth this fiscal and to
Niti Aayog. 7.5% in 2021-22. All the estimates are 0.2 percentage
The final call will be taken by the Finance minister- points less than its previous assessment in January.
headed panel. IMF estimates are higher than those of the Reserve Bank
Once the panel approves the assets for monetisation, it of India. RBI had last week cut its growth forecast to 7.2%
should be completed within 12 months from the date of for this fiscal and 7.4% for FY21.
approval, failing which the finance ministry may restrict The reduction in India's estimate is on account of the “the
budgetary allocations to the CPSEs. recent revision to the national account statistics that
CPSEs can also seek relaxation from the inter-ministerial indicated somewhat softer underlying momentum”.
group of the 12-month deadline for sale of non-core IMF suggests reforms to hiring and dismissal regulations
assets. to help incentivise job creation and absorb the country's
In case of immovable enemy properties, the guidelines large demographic dividend.
said that the assets would be identified for disposal in India's growth is expected to stabilise at 7.75% over the
consultation with the stakeholders including the medium term, driven by structural reforms and the
respective state governments. easing of infrastructure bottlenecks.

India turns out to be Net Steel Importer in 2018-19 RBI issues norms to set up Currency Chests
Fiscal The Reserve Bank of India (RBI) has issued guidelines for
For the first time in three years, India was the net banks to set up new currency chests. The guidelines
importer of steel during the financial year 2018-19. This include:
was attributed to India losing market share among its Area of the strong room/ vault of at least 1,500 sq ft. For
traditional steel buyers and an increase in imports of those situated in hilly/ inaccessible places, the strong
higher-quality steel domestically. room/ vault area of at least 600 sq ft.
Indian Steel Exports The new chests should have a processing capacity of 6.6
Indian steel exports fell by 34 percent to 6.36 million lakh pieces of banknotes per day. Those situated in the
tonnes in the fiscal year that ended in March 2019. hilly/ inaccessible places, a capacity of 2.1 lakh pieces of
India's exports during the fiscal year 2018-19 declined banknotes per day.
after rival steelmakers in China, Japan, South Korea and The currency chests should have Chest Balance Limit
Indonesia who were blocked from markets in the United (CBL) of Rs 1,000 crore, subject to ground realities and
States and Europe by tariffs and other protectionist reasonable restrictions, at the discretion of the Reserve
measures, ate away at the India's markets in the Middle Bank.
East and Africa.
India's Electric Mobility Transformation: Progress to
Financial Sector Assessment Programme for India Date and Future Opportunities
The Report of the Financial Sector Assessment NITI Aayog together with Rocky Mountain Institute (RMI)

www.theopusway.com Page 12
APRIL ’19
CA SUPPLEMENT 2019

has released a report titled “India's Electric Mobility pace since September last while job creation eased in
Transformation: Progress to Date and Future March.
Opportunities”. The report analyses the opportunities Softer increases were registered in new orders,
for the automobile sector and government under production, input buying and employment. The
theFaster Adoption and Manufacturing of Electric deceleration was accompanied by subdued inflationary
Vehicles II (FAME II) scheme. pressures, with rates of increase in input costs and
output charges below their respective long-run averages.
RBI Cuts Key Interest Rate Manufacturing sector expansion in India retreated in
The Reserve Bank of India (RBI) has slashed the key March, with metrics for factory orders, production,
interest rate,repo rate by 25 basis points or 0.25 per cent exports, input buying and employment all decreasing.
to 6 per cent and has decided to maintain the neutral
policy stance. Supreme Court quashes RBI's circular Mandating
Financial Statement of the RBI Insolvency Proceedings
RBI projected GDP growth at 7.2 per cent for the The Supreme Court has struck down a February 2018
financial year 2019-20. Reserve Bank of India (RBI) circular which gave lender
Reverse repo rate under the LAF stands adjusted to banks six months to resolve their stressed assets or move
5.75% and the marginal standing facility (MSF) rate and under the Insolvency Code against private entities who
the Bank Rate to 6.25%. have defaulted in loans worth over Rs 2000 crore.
RBI expects economic growth to be in the range of 6.8- The RBI had defended the circular by citing public interest
7.1 per cent in the first half of the current financial year, and “in the interest of the national economy to see that
and in the range of 7.3-7.4 per cent in the second half evergreening of debts does not carry on indefinitely”. RBI
with “risks evenly balanced”. had argued that huge amounts that are due should come
Inflation is likely to remain benign in the short term. back into the economy for further productive use”.
Assuming a normal monsoon in 2019, the RBI lowered its
CPI inflation projection to 2.4 per cent in the fourth RBI sets the limits for Ways and Means Advances
quarter of 2018-19. (WMA)
For the first half of the current financial year 2019-20, The Reserve Bank of India (RBI) in consultation with the
RBI expects inflation at 2.9-3.0 per cent, and 3.5-3.8 per government of India has set the limits for Ways and
cent in the second half. Means Advances (WMA) for the first half of the financial
RBI to issue a fresh circular for Banks on how to tackle year 2019-20 (April 2019 to September 2019) at Rs 75000
NPAs since the Supreme Court has struck down the crore.
February 2018 circular which gave lender banks six
months to resolve their stressed assets or move under GST Revenue Touches Record High in March
the Insolvency Code against private entities who have The statement from the Finance Ministry states that GST
defaulted in loans worth over Rs 2000 crore. collections scaled to a record high of Rs 1.06 trillion in
March. The revenue collection was Rs 97,247 crore in the
PMI Reports Manufacturing Growth at Six Month Low month of February.
The Nikkei India Manufacturing Purchasing Managers' Record Revenue Mobilisation
Index (PMI) make the following observations: The record revenue collection was attributed to
Amid slender increases in new orders and production, increased compliance and increase in the number of
manufacturing activities slowed down to a six-month returns filed.
low in March, reflecting a loss of growth momentum. Total gross GST revenue collected in March 2019 stood at
The PMI slipped from 54.3 in February to 52.6 in March. Rs 1,06,577 crore of which Central GST is Rs 20,353 crore,
The PMI score at 52.6 was a six-month low and it State GST is Rs 27,520 crore, Integrated GST is Rs 50,418
highlights a loss of growth momentum. crore and cess is Rs 8,286 crore.
Even though the operating conditions in the Indian The number of summary sales returns GSTR-3B filed for
manufacturing industry are improving, there was has the month of February up to March 31 stood at 7.59
been a widespread slowdown in growth. million.
Factory orders and production expanded at the slowest

www.theopusway.com Page 13
APRIL ’19
CA SUPPLEMENT 2019

The GST revenue collection in March 2019 records an The long-term debt (with an original maturity of above
impressive 15.6 per cent growth over March 2018 one year) was placed at US$ 417.3 billion at end-
collection of Rs 92,167 crore. December 2018.
The monthly average of GST revenue during 2018-19 The share of long-term debt in total external debt at the
stood at Rs 98,114 crore which is 9.2 per cent higher end of December was 80.1%. It was lower than its level of
than the previous fiscal. 80.7% at the end of March 2018.
The share of short-term debt (with an original maturity of
Brexit has cost Britain nearly 2.5% of GDP: Goldman up to one year) in total external debt increased to 19.9%
Sachs at end-December 2018 from 19.3% at end-March 2018.
A study by the global investment banking, securities and US dollar denominated debt continued to be the largest
investment management firm, Goldman Sachs has component of India's external debt with a share of 45.9%
stated that Brexit has cost Britain nearly 2.5% of GDP. at end December 2018, followed by the Indian rupee
Findings of the Study (24.8%), SDR (5.1%), yen (4.9%) and euro (3.1%).
Britain's economy has lost nearly 2.5 per cent of GDP
relative to its growth path prior to the mid-2016 Branches of Vijaya, Dena Bank to operate as outlets of
referendum on exiting the European Union (EU) and has Bank of Baroda
lagged other advanced economies as uncertainty dents The Reserve Bank of India (RBI) has stated that all
investment. branches of public sector lenders Vijaya Bank and Dena
Policy makers in the UK are still struggling to chalk out Bank will function as branches of Bank of Baroda (BoB)
the Brexit modalities. The resulting uncertainty over the from April 1, 2019, and the proposed merger Bank of
future political and economic relations with the EU has Baroda with Dena and Vijaya Bank will be affected from
resulted in real costs for the UK economy and has a April 1.
spillover effect on other economies.
Brexit uncertainty has been a major driver of economic Why India needs watch-dog for Fiscal Discipline?
output losses as they are concentrated in investment. The Chairman of the Fifteenth Finance Commission N K
Goldman Sachs predicts that the Brexit cost stood at Singh has pitched for a fiscal council to enforce fiscal rules
around 600 million pounds ($785 million) per week and better manage public debt.
since the referendum. Why Fiscal Council?
Further, in a no-deal Brexit scenario it predicts a 15 per For state government liabilities, Article 293 (3) provides a
cent chance of, Britain witnessing output losses with a constitutional check over borrowings. But there are no
”substantial” global confidence shock marked by sharp such restrictions on the Centre Hence there is a need for
sterling depreciation. an alternative institutional mechanism like Fiscal Council
to enforce fiscal rules and keep a check on Centre's fiscal
India's External Debt Eases consolidation.
India's external debt has witnessed a decline of 1.6% to An institutional mechanism for sound fiscal practices will
US$ 521.2 billion at end-December 2018 over its level at bring in transparency, instil confidence among domestic
end-March 2018, on account of the decrease in and foreign investors and improve policy outcomes.
commercial borrowings and trade credit. Further: An institutional mechanism will also prevent practices
There had been a valuation gain in external debt as at such as accounting jugglery to show the Centre's finances
end December 2018 due to the depreciation of the US in better shape, undermining the sanctity of the budget
dollar vis-a-vis the Indian rupee and other major numbers.
currencies (viz., SDR, yen, euro, and pound sterling), Even the CAG has underscored the need for proper
were placed at US$ 20.6 billion. disclosures, saying that budgets often understate fiscal
If the valuation effect was excluded the external debt as deficits by misusing accounting loopholes.
at end December 2018 would have been US$ 541.8 The Fiscal Responsibility and Budget Management
billion. (FRBM) Review Committee had also recommended
Commercial borrowings were the largest component of setting up an autonomous council. Even the 13th and
external debt with a share of 37.4%, followed by NRI 14th finance commissions had favoured the setting up of
deposits (24.1%) and short term trade credit (19.9%). a Council to keep tabs on budget forecasts and their
veracity.

www.theopusway.com Page 14
APRIL ’19
CA SUPPLEMENT 2019

Mind the Gap – State of Employment in India led programme which is still in the works to sequence at
Oxfam India's latest report Mind the Gap – State of least 10,000 Indian genomes.
Employment in India makes the following observations: Those recruited as part of genome-sample collections are
Lack of quality jobs and increasing wage disparity are key representative of the country's population diversity and
markers of inequality in the Indian labour market. the bulk of them will be college students, both men and
The report states that the regressive social norms women, and pursuing degrees in the life sciences or
continue to hamper women's participation in the biology.
workforce, pointing at the decline in rural jobs. Genomes will be sequenced based on a blood sample.
The report states that women are paid 34 per cent less Every participant would be given a report and would be
than similarly qualified male workers for performing the informed whether they carry gene variants that make
same tasks. In 2015, 92 per cent of women and 82 per them less responsive to certain classes of medicine
cent of men earned a monthly wage less than Rs 10,000
in India. Malawi to Test Groundbreaking Malaria Vaccine
The report highlights the questions about India's growth African Nation, Malawi will be undertaking large scale
data and emphasises that they do not reflect in the pilot tests for the world's most advanced experimental
growth of jobs and the largest number of jobs were malaria vaccine in a bid to prevent the disease that kills
generated in the unorganised sector. hundreds of thousands across Africa and Asia every year.
Job generation was adversely impacted after Vaccine for Malaria
demonetisation and hit the women workforce most. Vaccine for Malaria under the trade name Mosquirix has
Women were forced to move out of the labour force to been developed by British pharmaceutical giant
make way for men to get the few jobs that were GlaxoSmithKline in partnership with the PATH Malaria
available. Vaccine Initiative.
Post demonetisation period witnessed a drop in Four successive doses of the vaccines must be
households with two or more persons employed. administered on a strict timetable for it to work.
Between January and October 2016, the percentage of Even though the potential vaccine does not give full
households where two or more persons were employed protection against the mosquito-borne disease, it is the
was 34.8% and this dropped to 31.8% post- furthest along in development and so far the most
demonetisation, with women workers becoming the effective.
first casualties of job losses. The pilot tests aim to immunize around 120,000 children
Highlighting grim picture of ground realities the report aged 2 and below to assess the effectiveness of the pilot
states that caste and class continue to play crucial roles vaccine and whether the delivery process is feasible.
in determining the employment for men and women,
especially in stigmatised vocations like sanitation, rag- NASA Spots 1st Molecule of the Universe
picking, and jobs in the leather industry. The scientists have detected the first molecule to ever
form from stray atoms in the universe. The first such
molecule was helium hydride, a combination of helium
Current Affairs and hydrogen. The discovery is a first step in unlocking
Science & Technology the mystery of the universe's chemistry.
About the Discovery
Genome Sequencing to Map Population Diversity The research was published in the journal Nature.
The Council of Scientific and Industrial Research (CSIR) The researchers used the National Aeronautics and Space
has undertaken an indigenous genetic mapping effort to Administration's (NASA's) SOFIA, the world's largest
educate a generation of students on the “usefulness” of airborne observatory, to detect helium hydride in NGC
genomics. 7027, a planetary nebula about 3,000 light-years away
About the Project from Earth.
Under the Project, nearly 1,000 rural youth from the SOFIA
length and breadth of India will have their genomes Stratospheric Observatory for Infrared Astronomy
(SOFIA) is a Boeing 747SP jetliner modified to carry a 106-
sequenced by the CSIR.
inch diameter telescope.
The project is an adjunct to a much larger government-

www.theopusway.com Page 15
APRIL ’19
CA SUPPLEMENT 2019

Liquid methane spotted on Titan moon of Saturn Scientists from Ocean University in Qingdao, China and
Using data obtained by NASA's Cassini spacecraft, the University of East Anglia in Norwich, England have
scientists have found that Saturn's largest moon Titan discovered a bacteria that eats oil.
has small liquid lakes that run more than 100 metres Oil-Eating Bacteria
deep, perched atop hills and filled with methane. The oil eating bacteria was discovered in the western
What are the Findings? Pacific Ocean's 10,994-meter-deep Mariana Trench.
The findings published in the journal titled Nature The team from collected samples from the trench. In the
Astronomy make the following observations: samples, they found microorganisms that eat
Titan has landforms akin to Mesas towering above the compounds similar to those in oil.
nearby landscape, topped with liquid lakes more than
300 feet deep comprised mainly of methane. NASA's Exoplanet Mission Finds 1st Earth-Size Alien
Scientists suspect the lakes were formed when World
surrounding bedrock chemically dissolved and collapsed The Transiting Exoplanet Survey Satellite (TESS) Mission
a process which occurs with a certain type of lake on of NASA has discovered its first Earth-size alien world.
Earth. About the Discovery
The scientists also observed “phantom lakes” on Titan The planet, HD 21749c, is about 89 per cent of Earth's
that during wintertime appeared to be wide but shallow diameter.
ponds but perhaps were only a few inches deep and The planet orbits HD 21749, a K-type star with about 70
evaporated or drained into the surface by springtime, a per cent of the Sun's mass located 53 light years away in
process taking seven years on Titan. the southern constellation Reticulum.
The findings also presented evidence about Titan's HD 21749c is the second planet TESS has identified in the
hydrological cycle, with liquid hydrocarbons raining system.
down from clouds, flowing across its surface and HD 21749c is the 10th confirmed planet discovered by
evaporating back into the sky which is comparable to TESS, and hundreds of additional candidates are now
Earth's water cycle. being studied.
Scientists suspect Titan could potentially could harbour HD 21749c doesn't seem to have good life-hosting
life possibly in the surface bodies of liquid hydrocarbons potential as it circles its host star very tightly, completing
because of Titan's complex chemistry and distinctive one orbit every 7.8 Earth days, and is therefore probably
environments. quite hot.

Scientists Print First 3D Heart Using Patient's Biological Three-person Baby Boy Born in Greece
Materials A team of doctors from Greece and Spain have reported
Researchers from the Tel Aviv University, Israel have the birth of a baby using DNA from three people. The
printed the world's first 3D vascularised engineered baby boy has inherited the genetic material from two
heart using a patient's own cells and biological materials. women and a man.
Why this is significant? How did the new IVF method work?
The 3D Heart was made from human cells and patient- Doctors used an egg from the infertile mother, the
specific biological materials. During the process, the father's sperm and another woman's egg to conceive the
patient-specific biological materials served as the bio- baby boy. The doctors transferred genetic material with
inks (substances made of sugars and proteins that can be chromosomes from the mother to the egg of a donor
used for 3D printing of complex tissue models). whose own genetic material had been removed in a
Even though people had managed to 3D-print the process.
structure of a heart in the past, but those attempts were A similar DNA switching technique was adopted in
not with cells or with blood vessels. The heart produced Mexico in 2016 to avoid transmission of a mother's
by researchers is about the size of a rabbit's. hereditary illness to her child. But this case from Greece is
unique owing to the fact that for the first time an IVF (in
Scientists Discover Oil-Eating Bacteria at the Bottom of vitro fertilization) technique using DNA from three
the Ocean people has been deployed to allow a mother otherwise
unable to conceive to have a child.

www.theopusway.com Page 16
APRIL ’19
CA SUPPLEMENT 2019

World's Largest Airplane Completes First Test Flight The SOS alert can also be activated by voice command
The world's largest aircraft ROC, developed by through Siri on iOS and the statement by Airtel has stated
aerospace venture Stratolaunch has successfully that he voice activation through Google Assistant will
completed its first flight test. soon be available on Android devices also.
World's Largest Aircraft the SOS alert will send the user's location over SMS to the
The Aircraft has a dual fuselage design and a wingspan five contacts selected by the user and advise them to
greater than the length of an American football field. immediately reach out or respond to the emergency
The Aircraft achieved a maximum speed of 189 miles situation.
(302.4 km) per hour, the plane flew for 2.5 hours over the The app also enables the family or friends to track the
Mojave Desert at altitudes up to 17,000 feet. location on real time through the link that is sent as part
The aircraft has a world-record wingspan of 385 feet and of the alert SM
is 238 feet long. It is wider than any airplane on the The free-to-download app is available on Google Play
planet. store (Android) and will be available on the App Store
(iOS) soon.
Israel's Beresheet Mission Crashes on the Moon
World's first privately funded lunar Mission Beresheet South Korea Launched the world's First Nationwide 5G
crashed on the Moon. Beresheet crashed during a mobile Network
landing attempt. It is said that the spacecraft had South Korea launched the world's first nationwide 5G
problems with its main engine during its descent that left mobile networks on 11 pm April 3, 2019. Three top
it unable to slow down in time before it smashed into the telecom providers SK Telecom, KT, and LG Uplus launched
lunar surface. the 5G services.
About the Mission South Korea launched the 5G services two days ahead of
Beresheet (Hebrew for the first phrase from the Book of the schedule as there were speculations that US mobile
Genesis, “in the beginning”) was an Israeli mission carrier Verizon might start its 5G services early. Verizon
launched by a partnership between nonprofit SpaceIL began rolling out its 5G services in Chicago and
and government-owned aerospace company Israel Minneapolis on April 3, a week ahead of schedule.
Aerospace Industries. Reports suggest the 5G network in South Korea was
Beresheet lander had carried a science instrument launched in South Korea two hours ahead of the US.
provided by NASA, a retroreflector instrument scientists
would have used to make precise measurements of the ISRO Successfully launched Emisat Satellite into Orbit
distance between Earth and the moon. The Indian Space Research Organisation (ISRO) has
Beresheet mission's design included risks. To make sure successfully launched an electronic intelligence satellite
the spacecraft small enough to piggyback with another 'Emisat' for the Defence Research Development
spacecraft on a Falcon 9 rocket, the engineering team Organisation (DRDO) along with 28 third party satellites.
had to design the craft without any backup systems.
Then the rocket was brought down further to 485 km
My Circle Safety App where the fourth stage/engine transformed into a
My Circle App was launched by Bharti Airtel in payload platform carrying three experimental payloads:
collaboration with FICCI Ladies Organisation (FLO). My Automatic Identification System (AIS) from ISRO – for
Circle app aims to help women in case they face any maritime satellite applications capturing messages
problem or a panic situation. transmitted from ships.
My Circle App Automatic Packet Repeating System (APRS) from AMSAT
My Circle app enables women to send SOS alerts to any (Radio Amateur Satellite Corporation), India – to assist
five of their family or friends in 13 languages including amateur radio operators in tracking and monitoring
English, Hindi, Tamil, Telugu, Malayalam, Kannada, position data.
Marathi, Punjabi, Bengali, Urdu, Assamese, Oriya, and Advanced Retarding Potential Analyser for Ionospheric
Gujarati. Studies (ARIS) from Indian Institute of Space Science and
A woman in distress can send an SOS alert by pressing Technology (IIST) – for the structural and compositional
the SOS prompt on the app. studies of the ionosphere.

www.theopusway.com Page 17
APRIL ’19
CA SUPPLEMENT 2019

Current Affairs being organised by International Council for Local


Environment Environmental Initiatives (ICLEI) and hosted by South
Delhi Municipal Corporation in New Delhi. The congress
Central Monitoring Committee to Prepare National will offer cities & regions from Asia-Pacific a variety of
Plan for Polluted Rivers innovative solutions that build resilience to climate
The National Green Tribunal (NGT) has formed a Central change at the sub-national level.
Monitoring Committee to prepare and enforce a The congress will host combination of high-level
national plan to make over 350 river stretches pollution plenaries and technical sessions on the implementation
free across the country. River pollution has caused a and achievement of the Sustainable Development Goals,
serious threat to the safety of water and environment. the Nationally Determined Contributions (NDCs), and the
Order of NGT New Urban Agenda of 2016, while at the same time
The committee would comprise representatives of NITI bringing together experts and practitioners who will
Aayog; secretaries of Ministry of Water Resources, share their experiences and encourage cities to take
Ministry of Urban Development and Ministry of actions on resilience.
Environment; the director general of National Mission
for Clean Ganga and the Central Pollution Control Board Indian Cities and Air Pollution
chairman. The Air Pollution levels at the Indian cities are at an
The Committee will also coordinate with the River alarming level. Various Reports have time and again tried
Rejuvenation Committees of the states and oversee the to shed light on the quantum of the problem.
execution of the action plans, taking into account the Air Pollution and Indian Cities
timelines, budgetary mechanism and other factors. A Delhi based Environment Body claims that the
Chief Secretaries of states would be the nodal agency at Varanasi, Prime Minister Narendra Modi's Lok Sabha
the state level. constituency, is ranked third on the WHO's list of 15 most
NGT directed the Ministry of Environment to consider a polluted cities and the situation is “deteriorating” as its
policy for giving environmental awards to outstanding MP has focused on beautification and infrastructure.
persons (natural and juristic) and institutions or states In the 'Political Leaders Position and Action on Air Quality
and introducing “dis-incentives” for non-compliant in India 2014-2019' report, released by Climate Trends
states. Delhi is ranked sixth on the list. The report states that
The Central Monitoring Committee may consider there has been “laziness” on part of its elected caretakers
identifying experts, best practices and models for use of in tackling air pollution in the city.
treated water, including plan to supply untreated As per the World Health Organisation, (WHO) list of most
sewage for a price or otherwise so that the concerned polluted cities, 14 of the 15 most polluted cities in the
needy party can treat and utilise such water as is world are in India of which four are in Uttar Pradesh.
reportedly being done at Surat in Gujarat, Nagpur in WHO report states that the Prime Minister's
Maharashtra and Bhilwada in Rajasthan or any other parliamentary constituency Varanasi in Uttar Pradesh is
place. witnessing a rise in the number of people suffering from
Use of polluted water in irrigation is a threat to the allergies and respiratory problems due to a “lot” of
health of human beings apart from the aquatic flora and construction in the city.
fauna. Hence it is necessary to have a regular hygienic Kanpur in Uttar Pradesh is the most polluted city in the
survey of the rivers particularly with reference to world. Kanpur is ranked one on the list. Faridabad in
pathogenic organisms having an impact on human Haryana has been ranked second and Varanasi has been
health directly or indirectly and It is necessary to note ranked third.
that biological health of the rivers is an important Gaya and Patna in Bihar are fourth and fifth on the list.
aspect. Delhi has been ranked sixth and Uttar Pradesh capital
There has to be a regular study of the Indian rivers with Lucknow is ranked seventh.
regard to biological health and its diversity. The report by climate trends claimed MPs of Lucknow
and Kanpur — Home Minister Rajnath Singh and senior
Resilient Cities Asia-Pacific (RCAP) Congress 2019 BJP leader Murli Manohar Joshi respectively — have
The 4th Resilient Cities Asia-Pacific 2019 Congress is mostly been silent on the issue of air pollution in their
respective constituencies.

www.theopusway.com Page 18
APRIL ’19
CA SUPPLEMENT 2019

Other cities in the WHO list of polluted cities are Agra, basin including Pambar, Kabini and Bhavani rivers. There
Muzaffarpur, Srinagar, Gurugram, Jaipur, Patiala and are about 16 species of mahseer in India.
Jodhpur. There is a need for strong willingness and cooperation
from a range of stakeholders in three states of Kerala,
12 NCR districts, Agra switch to BS-VI Fuel Tamil Nadu and Karnataka across the River Cauvery which
The Indian Oil Corporation has stated that Supply of is one of India's most contested rivers.
ultra-clean BS-VI grade petrol and diesel has begun in Shoal, an international organisation working to conserve
cities adjoining the national capital. The rest of the freshwater species has initiated 'Project Mahseer' in
country will follow suit from April 2020. New Delhi is the collaboration with other stakeholders to enable
first city in the country to leapfrog from BS-IV grade conservation action for the hump-backed mahseer.
petrol and diesel to BS-VI fuels. Hornbill
Great hornbill which was earlier categorised as “Near
IMD confirms weak El Nino Conditions Threatened”. It is now “Vulnerable” due to high hunting
India Meteorological Department (IMD) has finally pressure coupled with habitat loss and deforestation. The
declared that weak El Nino conditions are prevalent in wreathed hornbill has moved from “Least Concern” to
the equatorial Pacific Ocean. IMD predicts that these “Vulnerable” by IUCN.
conditions are likely to persist in the early part of the
summer season and likely to weaken thereafter. Earth's CO2 levels reached 410 ppm, highest in 3 million
The initial impact of a weak El Nino can already be seen years
with the rising temperatures and heat waves across the Germany scientists have warned that there is more
country. Carbon dioxide (CO2) in our atmosphere than
Till Mid March IMD was maintaining that “warm ENSO in the past three million years. The amount of CO2 in the
neutral conditions are prevailing over equatorial Pacific atmosphere has gone “unnatural”.
Ocean” and that they are likely to remain near to the El Research was made by using a new computer simulation
Nino threshold value during the next two months. The at the Potsdam Institute for Climate
current declaration marks the departure from its earlier Impact Research in Germany.
predictions.
It is said that the prediction for El Nino has come after a
delay since weather agencies in other countries had Current Affairs
declared weak El Nino conditions at the beginning of Bills & Acts
2019 viz.
Japan's Meteorological Agency (JMA) in January had said PMLA prevails over Bankruptcy Act and Insolvency
that El Nino conditions were prevailing and that there Code: Delhi HC
was 80 per cent chance of an El Nino phenomenon The Delhi High Court has ruled that Prevention of Money
staying till spring season of 2019. Laundering Act (PMLA) prevails over the Bankruptcy Act
Climate Prediction Centre (CPC) of the National Weather and insolvency code when it comes to attachment of
Service in the United States of America also concluded properties obtained as 'proceeds of crime'.
that weak El Nino conditions had formed in the The Enforcement Directorate (ED) had challenged the
equatorial Pacific Ocean around the same time as Japan. orders of PMLA appellate tribunal on the pleas of various
banks. PMLA Tribunal had held that third parties, banks in
IUCN lists Hump-backed Mahseer as Critically this case, which have legitimately created rights such as a
Endangered charge, lien or other encumbrances, have a superior
International Union for Conservation of Nature (IUCN) claim over such properties.
has listed Hump-backed Mahseer as Critically
Endangered in the Red List of Threatened Species. RTI Act supersedes Official Secrets Law
Hump-backed Mahseer Delivering a separate judgment in the Rafale case, Justice
The Hump-backed Mahseer is a species of freshwater K.M. Joseph has made the following observations:
ray-finned fish and is referred to as tiger of the water. The The Right to Information Act confers on ordinary citizens
Hump-backed Mahseer is found only in the Cauvery river

www.theopusway.com Page 19
APRIL ’19
CA SUPPLEMENT 2019

the 'priceless right' to demand information even in exercise will deepen defence and strategic
matters affecting national security and relations with a relationship between the two countries. The Focus of the
foreign state. exercise will be on anti-Submarine
Justice Joseph's judgment countered the claim made by warfare.
the government for privilege over Rafale purchase
documents under the Official Secrets Act (OSA), saying it Indian Navy inked a pact with CSIR
affected national security and relations with France. Indian Navy and Council of Scientific and Industrial
Justice Joseph said the Right to Information (RTI) Act Research (CSIR) have signed Memorandum of
overawes the OSA. understanding to tackle joint research and development
Under Section 8(2) of the RTI Act, the government of advanced technologies for the Indian
cannot refuse information if disclosure in public interest Navy. The agreement will facilitate a formal framework
overshadows certain 'protected interests.' for interaction between Indian Navy and
CSIR.

Current Affairs Government gives GRSE contract to build 8 Anti-


Defence Submarine Warfare Shallow Water Crafts
Ministry of Defence awarded Defence PSU Garden Reach
US has consented the sale of 24 "MH-60R Seahawk" Shipbuilders and Engineers (GRSE) a Rs.6311 crore worth
helicopters to India for $2.6 bn contract to build 8 Anti-Submarine Warfare Shallow
US has consented the sale of 24 "MH-60R Seahawk" Water Crafts (ASWSWCs) for Indian Navy.
helicopters to India for $2.6 bnAt an Key Facts
estimated cost of $2.6 billion, the United States has The Indian Navy issued the RFP (Request for Proposal) to
approved the sale of 24 multi-mission DPSU (Defence Public Sector Undertaking) Shipyards and
Lockheed Martin-built MH-60 "Romeo'"Seahawk Indian Private Shipyards in April 2014, with GRSE
helicopters to India. These choppers designed eventually winning the bid for design, construction and
for targeting ships, hunting submarines and conducting supply of eight ASWSWCs.
search-and-rescue operations at sea, The design and construction of these ships at GRSE is yet
would replenish the age-old fleet of British-made Sea another milestone in 'Make in India' Initiative.
King helicopters, used by India. Project Timeline: The first ship is to be delivered within 42
months (3.5 years) from signing date of contract and
Govt has constituted a panel to review a ban imposed remaining ships delivery is scheduled as two ships per
on Jamaat-e-Islami & JKLF year. The completion time awarded to project is 84
The Ministry of Home Affairs has constituted Unlawful months (7 years) from 29 April 2019.
Activities (Prevention) Tribunal, to
determine the sufficient cause to ban Jamaat-e-Islami, Air Marshal Rakesh K S Bhadauria appointed as new
and Jammu and Kashmir Liberation Front Vice Chief of Air Staff
(JKLF) faction. It will be headed by Justice Chander On May 1, Air Marshal Rakesh Kumar Singh Bhadauria will
Shekhar of the Delhi High Court. The tribunal take over as Vice Chief of Indian Air Force, after
has been formed by Government after exercising its superannuation of incumbent Air Marshal Anil Khosla.
powers conferred by the sub-section (1) of Post induction he will be looking after all air operations
section 5 of the Unlawful Activities (Prevention) Act, being carried out by force.
1967.
Army for first time invites applications for Women
AUSINDEX 19: Largest Australian defence joint task Military Police recruitment
force to visit India for military exercise The Indian Army for first time since independence has
The Third iteration of India-Australia bilateral exercise, initiated women induction drive for Soldier General Duty
AUSINDEX 19 will be held from 2nd April (Women Military Police). It invited applications for
to 16th April 2019 at Vishakhapatnam. The bilateral recruitment of 1,700 women soldiers initially.

www.theopusway.com Page 20
APRIL ’19
CA SUPPLEMENT 2019

Key Facts Navy Reviews Outcome of Sea Vigil Exercise


Recruitment rallies will be held in Ambala, Lucknow, Indian Navy and several other agencies involved in
Jabalpur, Bengaluru and Shillong to test candidates, and coastal defence and maritime security brainstormed over
venue will be allotted based on their home districts. It the outcome of the 'Sea Vigil' exercise.
will be mandatorily done through online registration. Sea Vigil Exercise
Enrolled Women Military Police personnel released on Sea Vigil was a first of its kind multi-agency drill, covering
or before expiry of 17 years of service, may carry reserve the entire 7,516 km-long Indian coastline and exclusive
liability for 2 years after release. economic zone and involving 13 coastal states and Union
Territories. The objectives of the Sea-Vigil Exercise were:
Guided Missile Destroyer INS Imphal Launched Simultaneously activate the coastal security mechanism
The Indian Navy has launched its third guided missile across all states and Union Territories.
destroyer, INS Imphal at Mazgaon Docks as part of its Evaluate critical areas and processes, including inter-
Project 15B. agency coordination, information sharing and technical
INS Imphal surveillance.
INS Imphal has been designed indigenously by the Indian Comprehensively and holistically validate the efficacy of
Navy's Directorate of Naval Design, New Delhi. the measures taken since '26/11' Mumbai attacks.
INS Imphal spans 163 metres in length, 17.4 metres at
beam, and launch weight of 3037 tonnes can displace India Vietnam Hold Naval Exercise
7300 tonnes. Navies of India and Vietnam held a four-day maritime
INS Imphal is propelled by our gas turbines to achieve exercise off Cam Ranh Bay in Vietnam with an aim to
speeds in excess of 30 knots. boost operational cooperation.
INS Imphal destroyers incorporate new design concepts India-Vietnam Naval Exercise
for improved survivability, sea keeping, stealth and ship From the Indian side warships, INS Kolkata and INS Shakti
manoeuvrability. participated in the annual exercise, comprising a harbour
Enhanced stealth features have been achieved through and a sea phase.
shaping of hull and use of radar transparent deck fitting, The exercise was undertaken as a part of the ongoing
which make these ships difficult to detect. INS Imphal overseas deployment of eastern fleet ships to South East
ships will be equipped to carry and operate two multiple Asian countries.
role helicopters.
Delhi HC seeks Centres Response on Plea over Assam
Varuna Naval Exercise 2019 Rifles
India and France will conduct their largest ever naval The Delhi High Court has sought the response from the
exercise 'Varuna' off Goa coast early May. Cabinet Committee on Security on a plea seeking
Varuna 2019 directions to remove the dual control of Assam Rifles and
India will deploy its aircraft carrier, INS Vikramaditya bring it under the Ministry of Defence.
with its MiG-29K fighters and French side would be Issue of Dual Control
represented by its aircraft carrier FNS Charles de Gaulle Assam Rifles which is also referred to as the Sentinels of
with its Rafale-M naval jets. North East is the oldest paramilitary force of India.
The exercise will also see participation of FNS Forbin, the The administrative control of Assam Rifles lies with the
FNS Provence and the FNS Latouche Treville, a nuclear Home Ministry, while the operational control is with the
attack submarines, the FNS Amethyste, and the tanker Defence Ministry.
FNS Marne from France and diesel-electric submarine The plea filed by the All India Assam Rifles Ex-Servicemen
INS Shankul, guided-missile destroyer INS Chennai, Welfare Association alleges the dual control as the
stealth frigate INS Tarkash and tanker INS Deepak, along violation of the rights of the troopers ofAssam Rifles.
with P-8I long-range maritime patrol aircraft and The plea challenges the Government of India (Allocation
Dornier-228 planes from India. of Business) Rules, 1961 saying that it places Assam Rifles
Varuna is a top-level naval exercise, with intensive dual under the head 'Police', which is arbitrary, unreasonable
carrier task group operations and anti-submarine and violates the rights of Assam Rifles ex-servicemen
warfare manoeuvres. guaranteed under Article 14 of the Constitution of

www.theopusway.com Page 21
APRIL ’19
CA SUPPLEMENT 2019

The petition argues since the objective and functions of About the Procurement Deal
Assam Rifles were that of military and paramilitary force The cost of the acquisition is expected to be worth over
and its categorisation as a police force was arbitrary, Rs 13,000 crores.
unreasonable and in violation of the rights of its The deal also includes a Make-in-India element for
personnel. integration at the Heavy Vehicles Factory in Avadi near
The petition seeks a grant of pay, allowances, pension Chennai.
(including arrears) and ex-servicemen facilities to Assam The acquisition will increase the new T-90 regiments by
Rifles personnel at par with the Indian Army. 10 more units.
The new T-90 tanks would be equipped with thermal
Navy gets Virtual Reality Centre for Designing Warships imaging night sights to allow the tank commander to
Navy chief Admiral Sunil Lanba inaugurated state-of- strike enemy locations during night battles.
the-art Virtual Reality Centre (VRC) in New Delhi. The T-90 battle tanks are expected to be deployed on the
Virtual Reality Centre is expected to provide a major borders with Pakistan.
boost to indigenous warship design capabilities of the T-90 has emerged as the main battle tank of the Indian
Navy. Army. It would be replacing the older variants of T-72 and
Virtual Reality Centre T-55 tanks in the force.
The VRC is housed at the Directorate of Naval Design
(Surface Ship Group). Maitri Bridge: Longest Suspension Bridge
It seeks to provide impetus to self-reliance and greater Indian Army built the longest suspension bridge over
fillip to warship construction under the Make in India Indus river in Leh in just 40 days and the bridge is named
initiative of the Indian government. as Maitri Bridge.
The VRC centre will facilitate collaborative design Maitri Bridge
reviews for continuous interaction between designers The bridge was constructed by the combat engineers of
and end-users to improve design and ergonomics 'Sahas aur Yogyata' regiment of 'Fire and Fury Corps' of
onboard warships. the Indian Army.
The bridge is 260-feet long.
Veer Parivar App Launched This cable suspension bridge is expected to give a major
On the occasion of the 54th Valour Day (Shaurya Diwas) boost to connectivity in remote areas in Ladakh.
of the Central Reserve Police Force (CRPF), President The bridge is constructed using around 500 tonnes of
Ram Nath Kovind launched 'Veer Parivar App', a mobile bridge equipment and construction material.
application for families of CRPF personnel killed in the Maitri Bridge has been dedicated to the people of India to
line of duty. commemorate the 20thyear of Kargil Vijay Divas.
About the Veer Parivar App
The Veer Parivar App will act as an interface between the US approves sale of 24 MH 60 Romeo Seahawk
CRPF authorities and the next of kin of the slain helicopters to India
personnel. The United States Department of State on Tuesday
The Veer Parivar App will be installed securely on the approved the sale of 24 multi-role MH-60 Romeo
phones of the slain personnel families and will not be Seahawk helicopters to India at a price of $2.4 billion (Rs
available in the app stores. 16,516 crore).
The app will provide assistance to the families of the Sale of MH 60 Romeo Seahawk helicopters
martyred CRPF personnel with regard to issuance of ex The Lockheed Martin-built helicopters will replace India's
gratia, pension benefits etc. ageing fleet of British-made Sea King helicopters.
The app will also provide all the necessary information MH-60 Romeo Seahawk helicopters will provide the
regarding the welfare schemes introduced for them by Indian defence forces with the capability to perform anti-
the government. surface and anti-submarine warfare missions.
MH-60 Romeo Seahawk helicopters are designed to
Government clears procurement of 464 T-90 tanks operate from frigates, destroyers, cruisers and aircraft
The Cabinet Committee of Security has cleared the carriers along with the ability to perform secondary
proposal for the procurement of the 464 T-90 tanks from missions including vertical replenishment, search and
Russia.

www.theopusway.com Page 22
APRIL ’19
CA SUPPLEMENT 2019

rescue, and communications relay. Current Affairs


MH-60 Romeo Seahawk helicopters will add would add Persons in News
lethal capabilities of the Indian Navy, which experts say is
also the need of the hour given the aggressive behaviour Vikram Patel to be honoured with the prestigious John
of China in the Indian Ocean region. Dirks Canada Gairdner Global Health Award
Vikram patel, a psychiatrist and professor of global health
EMISAT adds to India's Defence Capability at Harvard Medical school, has been honoured with
After the successful test of A-SAT through Mission Shakti, prestigious John drinks Canada Gairdner Global Health
India's defence capability has got a further boost with award with prize money of $100,000 by The Gairdner
the successful launch of the ElectroMagnetic Foundation.
Intelligence Satellite (EMISAT).
About EMISAT Three Indians included in Time's 100 Most Influential
EMISAT was jointly developed by ISRO and DRDO, two People List 2019
frontline research agencies of the country. Three Indians Menaka Guruswamy, Arundhati Katju and
EMISAT will allow India to intercept the radars by Mukesh Ambani have featured into TIME 100 Most
detecting the electromagnetic rays from “enemy radar”. Influential People list of 2019. Global prominent names
EMISAT will cater to India's strategic defence needs by that have featured in this list included US President
strengthening the armed forces ability to intercept radar Donald Trump, China President Xi Jinping, Pakistan Prime
signals and gauge a variety of parameters and Minister Imran Khan, Pope Francis, golfer Tiger Woods
understand various details. and Facebook founder Mark Zuckerberg.
EMISAT will allow India to know what kind of radar is at Mukesh Ambani: He is Chairman and largest shareholder
work on the other side, based on the spectrum and we of Reliance Industries Limited (RIL), a Fortune Global 500
will be able to read the distance between the radar and company. It is most valuable Indian company in terms of
Indian assets too. its market value.
The satellite has been placed in the Low Earth Orbit (LEO) Menaka Guruswamy and Arundhati Katju: They are
at an orbit about 700 km from Earth as the objective is to Indian women lawyers who lead the legal battle to strike
detect low power radar signals. Such radars are typically down colonial era's Section 377 of Indian Penal Code
used to track by low-altitude air-borne vehicles, (IPC), which criminalized gay sex. In September 2018,
including aircraft and drones. Supreme Court in unanimous decision partly struck
down IPC Section 377, thus removing ban imposed on
GRSE becomes first Indian shipyard to deliver 100 consensual gay sex and affirming human rights of LGBTQ
warships (lesbian, gay, bisexual, transgender, queer) community.
State-owned Garden Reach Ship Builders and Engineers
Ltd (GRSE) has become the “first Indian shipyard” to Former Army Chief Dalbir Singh Suhag appointed High
build and deliver 100 warships. The 100th warship 'IN Commissioner to Seychelles
LCU L-56' has been handed over to the Indian Navy. Army General (Retd.) Dalbir Singh Suhag was appointed
GRSE had handed over its 99th warship, 'ICGS as High Commissioner of India to Republic of Seychelles.
Priyadarshini', an advanced 'Fast Patrol Vessel' to the His appointment comes at the time when military ties
Indian Coast Guard. between India and island nation have deepened in recent
Garden Reach Ship Builders and Engineers Ltd times. Dalbir Singh Suhag was Chief of Army Staff (CoAS)
Based in Kolkata, Garden Reach Ship Builders and i.e. Army General from August 2014 to December 2016.
Engineers Ltd (GRSE) is a shipbuilding company in India
under the administrative control of the Ministry of Jamia Millia Islamia gets its First Woman Vice-
Defence. GRSE primarily caters to the shipbuilding Chancellor
requirements of the Indian Navy and the Indian Coast The Ministry of Human Resources and Development has
Guard. In addition to its ship and warship building issued a statement about appointing Professor Najma
capabilities, GRSE is also engaged in engine production Akhtar as vice–chancellor of Jamia Millia Islamia
and other engineering activities. University (JMI) by the President of India. She has been
appointed for a period of five years. Professor Najma
Akhtar will be the first woman to hold the post.

www.theopusway.com Page 23
APRIL ’19
CA SUPPLEMENT 2019

Current Affairs History: Frederick Douglass: Prophet of Freedom, by


Places in News David W. Blight (Simon & Schuster).
Biography: The New Negro: The Life of Alain Locke, by
Madras High Court Upholds Decision to cancel Vellore Jeffrey C. Stewart (Oxford University Press).
Poll Poetry: Be With, by Forrest Gander (New Directions).
Madras High Court has dismissed two writ petitions filed General Nonfiction: Amity and Prosperity: One Family
against the Presidential decision to rescind the Lok and the Fracturing of America, by Eliza Griswold (Farrar,
Sabha poll notification for the Vellore parliamentary Straus and Giroux).
constituency in the wake of complaints of large-scale Music: Prism, by Ellen Reid.
distribution of cash to voters.
UNESCO/Guillermo Cano Press Freedom Prize 2019
M3 EVMs to be used in Nizamabad The 2019 UNESCO/Guillermo Cano Press Freedom Prize
The Election Commission has decided against the using has been awarded to Reuters reporters Wa Lone and
of Ballot papers in the Nizamabad parliamentary Kyaw Soe Oo. The jury has recognised their exceptional
constituency of the Telangana. To accommodate a courage in reporting on alleged human rights violations in
whopping 185 candidates in contention the Election the Myanmar's state of Rakhine.
Commission has decided to use the M3 EVMs in the Lok
Sabha Polls. PM Narendra Modi Honoured with Order of St Andrew
the Apostle
Russia has awarded PM Narendra Modi with 'Order of St
Current Affairs Andrew the Apostle' to PM Narendra Modi for promoting
the bilateral special and privileged strategic partnership.
Awards The statement by the Russian Government has stated
that Prime Minister of India Narendra Modi was
Gagandeep Kang awarded Fellowship of the Royal
decorated with the Order of St Andrew the Apostle – the
Society (FRS), UK
highest state decoration of Russia – for exceptional
Gagandeep Kang becomes first Indian woman scientist
services in promoting special and privileged strategic
to be awarded Fellowship of the Royal Society (FRS),
partnership between the Russian Federation and the
United Kingdom.
Republic of India and friendly relations between the
Gagandeep Kang
Russian and Indian peoples.
She is a clinician scientist, who is well known for her key
role in development of Rotavac. She currently appointed
Alice G. Vaidyan awarded the Freedom of the City of
as executive director of Translational Health Science and
London
Technology Institute (THSTI), Faridabad, which is an
Alice G. Vaidyan, Chairman and Managing Director of the
autonomous institute of Department of Biotechnology,
General Insurance Corporation (GIC) of India, India's
Ministry of Science and Technology.
reinsurance major, has been awarded the Freedom of the
In 2016, she was conferred prestigious Infosys Prize in
City of London in recognition of her work to promote
Life Sciences for her contributions in understanding
insurance ties between India and the UK.
natural history of rotavirus and other infectious
diseases.
India's Education Technology Start-Up Bags Global Tech
She is also first Indian and first woman to edit Manson's
Prize
Textbook of Tropical Medicine.
India's education technology startup 'Dost Education' has
bagged a $25,000 Next Billion Edtech Prize 2019 along
2019 Pulitzer Prizes
with two other winners from Tanzania and Egypt. Ubongo
The winners of the 2019 Pulitzer Prizes have been
(Tanzania) and PraxiLabs (Egypt) were the other two
announced. The winners in the category of Letters,
winners.
Drama and Music are listed below:
Fiction: The Overstory, by Richard Powers (W.W. Norton).
UAE awards PM Narendra Modi with Highest Civilian
Drama: Fairview, by Jackie Sibblies Drury.
Honour

www.theopusway.com Page 24
APRIL ’19
CA SUPPLEMENT 2019

United Arab Emirates (UAE) has been conferred with the Mithali Raj named Goodwill Ambassador for Street
prestigious Zayed medal by President of the UAE Sheikh Child Cricket World Cup
Khalifa bin Zayed Al Nahyan. PM Modi has been awarded Cricketer Mithali Raj has been named as the goodwill
in recognition of efforts in giving “a big boost” to ambassador of the Indian team for the Street Child
bilateral relations between both the countries. Cricket World Cup. She will join former captain Saurav
Ganguly and IPL franchise Rajasthan Royals in supporting
"Global Slag Company of the Year" award was won by the team India for the Street Child Cricket World Cup.
Tata Steel
Tata Steel bagged the "Global Slag Company of the Year" Singapore Open 2019
award at the 14th Global Slag Conference The winners of the Singapore Open 2019 are listed below:
and Exhibition 2019, for its innovative practices in the Men's Singles: Kento Momota (Japan)
development of new applications for Steel Women's Singles: Tai Tzu-ying (Taiwan)
by-products (Slag). Men's Doubles: Takeshi Kamura and Keigo Sonoda
(Japan)
Women's Doubles: Mayu Matsumoto and Wakana
Current Affairs Nagahara (Japan)
Sports Mixed Doubles: Dechapol Puavaranukroh and Sapsiree
Taerattanachai (Thailand)
Barcelona wins La Liga title 2019 in Spain
Barcelona FC has won Spanish La Liga title 2019 by Cologne Boxing World Cup 2019
defeating Levante FC by 1-0 goals. In the final match held India finished its campaign at the Cologne Boxing World
at Camp Nou in Barcelona, Spain. the lone winning goal Cup 2019 with a haul of five medals. The Cologne Boxing
for Barcelona was scored by club's Argentine superstar World Cup 2019 was held at Cologne, Germany.
and team captain Lionel Messi at 61st minute. This was Indian Medal Tally
Barcelona's overall 26th La Liga league title in club Meena Kumari Maisnam (54kg) won the only gold medal
history and eight in last 11 years. for India in the tournament.
It was the only bout of the tournament for the Manipur
India tops Medals Tally at ISSF World Cup Rifle/ Pistol pugilist Meena Kumari as she had been directly placed in
2019 held in China the final due to a smaller draw.
India finished top of medal tally at ISSF World Cup Rifle/ Youth world champion Sakshi (57kg) and India Open gold
Pistol 2019 edition held in Beijing, China. Even after medallist Pwilao Basumatary (64kg) lost their final bouts
drawing a blank on final day India still topped the chart and finished with silver medals.
for second consecutive ISSF World Cup, third time in last Pinki Rani (51kg) and Parveen (60kg) won bronze medals
two years. In last edition of Shooting World Cup held in after losing their semi-final bouts.
New Delhi, India jointly topped standings with Hungary.
Wisden's Five Cricketers of the Year for 2018
Bajrang Punia becomes First Indian Wrestler to fight at The Wisden has named Virat Kohli as the Leading
New York's Iconic Madison Square Garden Cricketer of the Year for 2018.
India's Bajrang Punia is first Indian wrestler to be invited Wisden Cricketer of the Year
by American wrestling body for a special fight at iconic Indian Skipper Virat Kohli is joined by Tammy Beaumont,
Madison Square Garden in New York, US. He will be Jos Buttler, Sam Curran and Rory Burns.
among other top wrestlers selected by American Indian player Smriti Mandhana bagged the Women's
governing body for 6 May 2019 tournament. Leading Cricketer of the Year.
He will take on two-time US national champion Yianni Rashid Khan of Afghanistan bagged the Leading T20
Diakomahlis in “Grapple at the Garden” Beat the Streets Cricketer of the Year
fight night event, which has become a major showcase
for international wrestling since 2010. Indian Open Badminton 2019
The Indian Badminton Tournament 2019 was held at K. D.
Jadhav Indoor Hall in New Delhi from 26 to 31 March

www.theopusway.com Page 25
APRIL ’19
CA SUPPLEMENT 2019

2019 and had a total purse of $350,000. Black Friday, Great Friday, Easter Friday or Holy Friday.
Champions of Indian Open Badminton 2019 Good Friday coincides with the beginning of the Jewish
Men's Singles: Viktor Axelsen (Denmark) festival of Passover.
Women's Singles: Ratchanok Intanon (Thailand)
Men's Doubles: Lee Yang and Wang Chi-lin (Chinese Government Schemes
Taipei)
Women's Doubles: Greysia Polii and Apriyani Rahayu Localisation under FAME-II Scheme
(Indonesia) The Inter-Ministerial Steering Committee of the National
Mixed Doubles: Wang Yilü and Huang Dongping (China) Mission for Transformative Mobility led by Niti Aayog
chief executive officer Amitabh Kant has decided to
incorporate localisation conditions to avail benefits
Current Affairs under the FAME-II Scheme.
Art & Culture
SC directs political parties to furnish receipts of electoral
IIT Madras researcher develops easy OCR system for bonds in to EC
Bharati Script The Supreme Court has directed all political parties to
A team of researcher at IIT-Madras headed by Professor furnish details about the receipts of electoral bonds in a
V. Srinivasa Chakravarthy, developed a method for sealed cover to the Election Commission.
reading documents in Bharati Script by using a multi-
lingual optical character recognition (OCR) scheme. RailTel turns 1600 railway stations into RailWire Wi-Fi
zone
Good Friday Observed on 19th April RailWire Wi-Fi by RailTel is now live at 1600 railway
The Christian community is observing Good Friday on stations across the country. The Santacruz railway station
April 19 to commemorate the crucifixion and death of in Mumbai became the 1600th station to become a
Jesus Christ on Calvary. Good Friday is also referred to as RailWire Wi-Fi zone.

www.theopusway.com Page 26

Вам также может понравиться