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PIB NEWS ANALYSIS For 10th- 16th August 2019

1)Watan - a patriotic song by DD - released by Shri Prakash Javadekar
Song free of copyright - to ensure ease of sharing on all communication platforms

Prasar Bharati:-Prasar Bharati is a statutory autonomous body established under the Prasar Bharati Act and came into existence on 23.11.1997.

It is the Public Service Broadcaster of the country.

The objectives of public service broadcasting are achieved in terms of Prasar Bharati Act through All India Radio and Doordarshan.

All India Radio (AIR), officially known since 1956 as Ākāshvāṇī, is the national public radio broadcaster of India and a division of Prasar Bharati.

Doordarshan is Government of India founded public service broadcaster which is owned by the Broadcasting Ministry of India and is one of two divisions of Prasar Bharati.

It is one of India's largest broadcasting organisations in terms of studio and transmitter infrastructure, having been established on 15 September 1959.

2)Vice President advocates Supreme Court Benches in different regions to take judiciary closer to people. It was not only the legislature and the executive that should become more responsive to people, the judicial processes must become more people-friendly

VP calls for revisiting 10th Schedule of the Constitution to expedite defection cases and make the law more effective

Asks Media to be a dispassionate watchdog and honest messenger

VP advocates 5 Ds—Discuss, Debate, Decide, Decentralize & Deliver

VP Calls upon political parties to evolve code of conduct for their elected representatives at all levels

3)Shri Amit Shah launches ‘Listening, Learning and Leading’, the book based on Shri M. Venkaiah Naidu’s two years as Vice President of India.

4)Government issues Scheme to provide a one-time partial credit guarantee to PSBs for purchase of pooled assets of financially sound NBFCs.

In pursuance of the announcement made in the Union Budget 2019-20 presented by the Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman, the Government has issued a scheme regarding partial credit guarantee on 10.8.2019. The Scheme would enable the public sector banks (PSBs) to purchase pooled assets of financially sound NBFCs amounting to Rs. one lakh crore. It is expected that this measure would provide liquidity to the NBFC Sector and, in turn, enable them to continue to play their role in meeting the financing requirements of the productive sectors of economy including MSME, retail and housing.

5)Hardeep Puri launches Swachh Survekshan 2020 – to be conducted in Jan 2020.
This is  the fifth edition of the annual cleanliness survey conducted by the Ministry of Housing and Urban Affairs (MoHUA).

6)Six languages are included in the list of Classical Languages:
Tamil (since 2004)
Sanskrit (since 2005)
Telugu (since 2008)
Kannada (Since 2008)
Malayalam (since 2013)
Odiya (since 2014)

7)Report of the Competition Law Review Committee submitted to Union Finance and Corporate Affairs Minister:- Shri InjetiSrinivas, Secretary (Corporate Affairs), presented the Report of the Competition Law Review Committee to the Union Minister of Finance and Corporate Affairs, Smt. NirmalaSitharaman.

The key recommendations of the Competition Law Review Committee are:

a)Introduction of a ‘Green Channel’ for combination notifications to enable fast-paced regulatory approvals of mergers and acquisitions

b)Introducing a dedicated bench in NCLAT for hearing appeals under the Competition Act.

c)Additional enforcement mechanism of ‘Settlement & Commitments” in the interests of speedier resolution of cases of anti-competitive conduct.

8)Shri Piyush Goyal launches CORAS (Commandos For Railway Security) of Indian Railways:- CORAS team will be provided best, most modern equipment and world class training.
 Keeping in mind the threat from disruptive forces, induction of CORAS was planned in Railway Protection Force.

9)100th birth anniversary of Dr. Vikram Sarabhai on 12th August:- ISRO’s tributes to Sarabhai start with naming the first Indian moon landing spacecraft of the Chandrayaan-2 mission ‘Vikram’.

ISRO was Formed in 1969, ISRO superseded the erstwhile Indian National Committee for Space Research (INCOSPAR) established in 1962.

ISRO built India's first satellite, Aryabhata, which was launched by the Soviet Union on 19 April 1975.

Rohini became the first satellite to be placed in orbit by an Indian-made launch vehicle.

Vikram Sarabhai the architect of the Indian space programme, the first ISRO chief and renowned cosmic ray scientist.

10)41% reduction in stubble burning incidents in 2018 over 2016:- Over 4500 villages of Haryana & Punjab declared as Zero Stubble Burning Villages.
This was achieved through Information, Education and Communication (IEC) activities for creating awareness among farmers.

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