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Daily News Digest:07 August 2020

EWS QUOTA CHALLENGE REFERRED TO CONSTITUTION BENCH

The Supreme Court has referred to a five-judge Constitution Bench challenging the 103rd Constitution Amendment providing 10% reservation for Economically Backward Section (EWS). It provides for 10% reservation in government jobs and educational institutions for EWS. It amends Articles 15 and 16 that deal with the fundamental right to equality.

NATIONAL HANDLOOM DAY IS BEING OBSERVED TODAY

The National Handloom Day is observed annually on 7th of August. It is held annually to honour the handloom weavers in the country and to highlight the handloom industry. A handloom portal will be launched along with a social media campaign to instil pride in the weaving community.

CENTRE FORMULATING R&D POLICY TO BOLSTER DRUG DISCOVERY

Government to  formulate a new Research & Development (R&D) policy. Its aim is to boost drug discovery and promote the manufacture of medical devices in the country. Centre has proposed to set up three major manufacturing parks which will have an investment of ₹1,000 crore each. It is aimed to drive import substitution of basic raw materials.

POKKALI RICE SEEDLINGS TRAVEL FROM KERALA TO THE SUNDERBANS

After Cyclone Amphan, farmers of Sunderbans are using the pokkali variety of rice from Kerala. It is known for its saltwater tolerance. It is found only in Kerala and grown in coastal Alappuzha, Ernakulam and Thrissur districts.

IBBI AMENDS THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (LIQUIDATION PROCESS) REGULATIONS, 2016

The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020. The Regulations require the committee of creditors to fix the fee payable to the liquidator. Where the fee has not been fixed by the committee of creditors, the Regulations provide for a fee as a percentage of the amount realised and of the amount distributed by the liquidator.

VIRTUAL TOUR TO COMMEMORATE THE 150TH BIRTH ANNIVERSARY OF ABANINDRANATH TAGORE

National Gallery of Modern Art to organise the virtual tour titled “The Great Maestro Abanindranath Tagore” to commemorate the 150th Birth Anniversary of Abanindranath Tagore. It presents the 77 works of art of Abanindranath Tagore from a reserve collection.

US TO AGAINST VOTE FOR CUBA ON HUMAN RIGHTS COUNCIL

The U.S. not to support Cuba’s bid to join the organisation’s Human Rights Council. The US has accused Cuba of being a brutal dictatorship. It has also urged that no country should vote Cuba onto the council.

WHAT IS THE TICK-BORNE VIRUS SPREADING IN CHINA?

A disease called Severe Fever with Thrombocytopenia Syndrome, caused by the tick-borne virus has raised alarms in China. The disease is transferred to humans through tick bites. Severe fever with thrombocytopenia syndrome virus (SFTSV) belongs to the Bunyavirus family and is transmitted to humans through tick bites.

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One Liners of the Day, 08 August 2020

Economy The Reserve Bank of India (RBI) has introduced a Positive Pay Mechanism for - cheques. This institution will set up an ‘Innovation Hub’ in the country for ideation and incubation ...

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WHAT IS THE TICK-BORNE VIRUS SPREADING IN CHINA?

WHAT IS THE TICK-BORNE VIRUS SPREADING IN CHINA? Context A disease called Severe Fever with Thrombocytopenia Syndrome, caused by the tick-borne virus has raised alarms in China. Details The disease ...

2 months ago

US TO AGAINST VOTE FOR CUBA ON HUMAN RIGHTS COUNCIL

US TO  AGAINST VOTE FOR CUBA ON HUMAN RIGHTS COUNCIL Context The U.S. not to support Cuba’s bid to join the organisation’s Human Rights Council. Details The US has accused Cuba of be ...

2 months ago

VIRTUAL TOUR TO COMMEMORATE THE 150TH BIRTH ANNIVERSARY OF ABANINDRANATH TAGORE

VIRTUAL TOUR TO COMMEMORATE THE 150TH BIRTH ANNIVERSARY OF  ABANINDRANATH TAGORE Context National Gallery of Modern Art to organise the virtual tour titled “The Great Maestro Abanindranath ...

2 months ago

IBBI AMENDS THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (LIQUIDATION PROCESS) REGULATIONS, 2016

IBBI AMENDS THE INSOLVENCY AND BANKRUPTCY  BOARD OF INDIA (LIQUIDATION PROCESS) REGULATIONS, 2016  Context The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and B ...

2 months ago

POKKALI RICE SEEDLINGS TRAVEL FROM KERALA TO THE SUNDERBANS

POKKALI RICE SEEDLINGS TRAVEL FROM KERALA TO THE SUNDERBANS Context After Cyclone Amphan, farmers of Sunderbans are using the pokkali variety of rice from Kerala. About Pokkali Rice It is known for ...

2 months ago

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