DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 20th May 2023
Archives (PRELIMS & MAINS Focus) National AYUSH Mission Syllabus Prelims : Centrally Sponsored Schemes Context: Union Minister of Health and Family Welfare Dr. Mansukh Mandaviya delivered the inaugural address at the National AYUSH Mission Conclave organized by Ministry of AYUSH. About National AYUSH Mission National AYUSH Mission is a Centraly Sponsored Scheme under the Ministry of AYUSH. Government of India has launched National AYUSH Mission (NAM) in 2014. The aims of NAM are to main-stream AYUSH Systems into health care services, to develop evidence-based AYUSH management protocol through scientific documentation and to ensure the accessibility of quality AYUSH services. Funding pattern: 60% share is provided by the Central Government and 40% is provided by the State Government. Structure State level: NAM is functioning under State AYUSH Health Society which is regulated by a Governing Body with Chief Secretary as Chairperson and Secretary, AYUSH as Member Secretary. The Executive Committee under this society, with Secretary, AYUSH as Chairperson and State Mission Director (SMD), NAM as Member Secretary, is managing routine activities. NAM has State Program Management and Supporting Unit (SPMSU) functioning under State Mission Director who is an IAS officer. State level functions are co-ordinated by two State Program Managers, one each from Ayurveda and Homoeopathy. District level: District Program Management and Supporting Unit (DPMSU) is managed by District Program Managers (DPM). In the Governing Body of District AYUSH Health Society, President of concerned District Panchayath is the Chairperson & District Collector is the Co-chairperson and DPM NAM is the Member Secretary. Executive Committee of District AYUSH Health Society is chaired by District Collector and NAM DPM is the Member Secretary. Objectives To provide cost effective AYUSH Services, with a universal access through upgrading AYUSH Hospitals and Dispensaries, co-location of AYUSH facilities at Primary Health Centres (PHCs), Community Health Centres (CHCs) and District Hospitals (DHs). To strengthen institutional capacity at the state level through upgrading AYUSH educational institutions, State Govt. ASU&H Pharmacies, Drug Testing Laboratories and ASU & H enforcement mechanism. Support cultivation of medicinal plants by adopting Good Agricultural Practices (GAPs) so as to provide sustained supply of quality raw-materials and support certification mechanism for quality standards, Good Agricultural/Collection/Storage Practices. Support setting up of clusters through convergence of cultivation, warehousing, value addition and marketing and development of infrastructure for entrepreneurs. Components of the Mission Mandatory Components AYUSH Services. AYUSH Educational Institutions. Quality Control of ASU&H (Ayurveda, Siddha and Unani & Homoeopathy) Drugs. Medicinal Plants. Flexible Component AYUSH Wellness Centres comprising Yoga and Naturopathy Tele-medicine Innovations in AYUSH including Public Private Partnership IEC (Information, Education and Communication) activities Voluntary certification scheme: Project based, etc. MUST READ : AYUSH Health and Wellness Centers (HWC) https://iasbaba.com/2020/03/ayush-wellness-centre-to-come-under-nam/ SOURCE: PIB https://pib.gov.in/PressReleasePage.aspx?PRID=1925182 Green Deposits and the Regulatory Framework Syllabus Prelims: Economy Context: Recently, the Reserve Bank of India came up with a regulatory framework for banks to accept green deposits from customers. About Green Deposits A green deposit is a fixed-term deposit for investors looking to invest their surplus cash reserves in environmentally friendly projects. This new offering in the market indicates the increased awareness of the importance of ESG (Environmental, social and governance) and sustainable investing. Green deposits are not very different from the regular deposits that banks accept from their customers. The only major difference is that banks promise to earmark the money that they receive as green deposits towards environment-friendly projects. For example, a bank may promise that green deposits will be used towards financing renewable energy projects that fight climate change. A green deposit is just one product in a wide array of other financial products such as green bonds that help investors put money into environmentally sustainable projects. Regulatory Framework The RBI’s framework for the acceptance of green deposits lays down certain conditions that banks must fulfill to accept green deposits from customers. Banks will have to come up with a set of rules or policies approved by their respective Boards that need to be followed while investing green deposits from customers. The RBI has come up with a list of sectors that can be classified as sustainable and thus eligible to receive green deposits. These include renewable energy, waste management, clean transportation, energy efficiency, and afforestation. Banks will be barred from investing green deposits in business projects involving fossil fuels, nuclear power, tobacco, gambling, palm oil and hydropower generation. The new rules are aimed at preventing greenwashing, which refers to making misleading claims about the positive environmental impact of an activity. The framework applies to all scheduled commercial banks and small finance banks (except for regional rural banks and local area banks) and non-banking finance companies (including housing finance companies). Both corporate and individual customers can invest in green deposits. MUST READ: Green Washing https://iasbaba.com/2022/11/greenwashing/ SOURCE: The Hindu https://www.thehindu.com/opinion/op-ed/explained-what-are-rbi-regulations-on-green-deposits/article66866265.ece PREVIOUS YEAR QUESTION Q.1) Which one of the following best describes the term “greenwashing:”? Conveying a false impression that a company’s products are eco-friendly and environmentally sound. Non-Inclusion of ecological/ environmental costs in the Annual Financial Statements of a country. Ignoring the disastrous ecological consequences while undertaking infrastructure development. Making mandatory provisions for environmental costs in a government project/programme. Liberalised Remittance Scheme (LRS) Syllabus Prelims : Economy Context : The Central Government, in consultation with the Reserve Bank of India amended rules under the Foreign Exchange Management Act, bringing in international credit card spends outside India under the Liberalised Remittance Scheme (LRS). About Liberalised Remittance Scheme (LRS) In 2004, the Committee on Procedures and Performance Audit on Public Services (‘CPPAPS’) recommended a scheme for liberalising personal outward remittances in India. The same year, RBI introduced the Liberalised Remittance Scheme (‘LRS’), allowing Indian residents to make individual foreign exchange transactions with relative ease. LRS allows Indian residents to freely remit up to USD $250,000 per financial year for current or capital account transactions or a combination of both. Any remittance exceeding this limit requires prior permission from the RBI. Only individual Indian residents are permitted to remit funds under LRS. Corporates, partnership firms, HUF, trusts, etc are excluded from its ambit. However, it is
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