DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam –21st May 2024
Archives (PRELIMS & MAINS Focus) IRAN Syllabus Prelims – Geography Context: Iranian President Ebrahim Raisi’s death in a chopper crash has come at a time when Tehran’s role in the peace and stability in the region has been under a sharp focus. Background:- The focus on Iran in recent months has been due to the events that took place since October 7, when Hamas brutally attacked Israelis on their soil, and the Israeli response on Gaza has been perceived to be hugely disproportionate. India, which considers Iran to be part of its extended neighbourhood, has been watching Iran’s dynamics in the region quite closely and cautiously. About IRAN Geography: Iran is bordered by Iraq to the west and Turkey to the northwest, Azerbaijan, Armenia, the Caspian Sea and Turkmenistan to the north, Afghanistan to the east, Pakistan to the southeast, the Gulf of Oman and the Persian Gulf to the south. Population: With a mostly Persian-ethnic population of almost 90 million, Iran ranks 17th globally in both geographic size and population. Government: Iran is a unitary presidential theocratic Islamic republic. The Supreme Leader is Ali Khamenei. Economy: Iran’s GDP (PPP) in 2024 is estimated to be $1.855 trillion, ranking 19th globally. Languages: The official language is Persian, but there are several recognized regional languages. Iran is a major regional power, due to its large reserves of fossil fuels, including the world’s second largest natural gas supply, third largest proven oil reserves, its geopolitically significant location, its military capabilities, its regional influence, and its role as the world’s focal point of Shia Islam. Iran is an active and founding member of the United Nations, the NAM, the ECO, the OIC and the OPEC. It is a full member of both the Shanghai Cooperation Organisation and BRICS. Source: Indian Express INDIAN COUNCIL OF MEDICAL RESEARCH (ICMR) Syllabus Prelims – Current Event Context: The Indian Council of Medical Research (ICMR) has distanced itself from the Banaras Hindu University (BHU) researchers for “incorrectly” associating it with an observational study on the side effects of the Covid-19 vaccine Covaxin. Background: The Indian Council of Medical Research (ICMR), the apex body in India for the formulation, coordination and promotion of biomedical research, is one of the oldest and largest medical research bodies in the world. About INDIAN COUNCIL OF MEDICAL RESEARCH (ICMR) In 1911, the Government of India set up the Indian Research Fund Association (IRFA) with the specific objective of sponsoring and coordinating medical research in the country. After independence, several important changes were made in the organisation and the activities of IRFA. It was redesignated as the Indian Council of Medical Research (ICMR) in 1949, with a considerably expanded scope of functions. Mandate Apex body in India for formulation, coordination and promotion of biomedical research Conduct, coordinate and implement medical research for the benefit of the Society Translating medical innovations in to products/processes and introducing them in to the public health system Additional Information The ICMR is funded by the Government of India through the Department of Health Research, Ministry of Health and Family Welfare. In 2007, the organization established the Clinical Trials Registry – India, which is India’s national registry for clinical trials. ICMR’s 26 national institutes address themselves to research on specific health topics like tuberculosis, leprosy, cholera and diarrhoeal diseases, viral diseases including AIDS, malaria, kala-azar, vector control, nutrition, food & drug toxicology, reproduction, immuno-haematology, oncology, medical statistics, etc. Its 6 regional medical research centres address themselves to regional health problems, and also aim to strengthen or generate research capabilities in different geographic areas of the country Governance The governing body of the council is presided over by the Union Health Minister. It is assisted in scientific and technical matters by a scientific advisory board comprising eminent experts in different biomedical disciplines. The board, in its turn, is assisted by a series of scientific advisory groups, scientific advisory committees, expert groups, task forces, steering committees etc. which evaluate and monitor different research activities of the council. Source: Hindu Medium, Small, and Micro Enterprises (MSMEs) Syllabus Prelims & Mains – Economy Context: The government is considering options to relax the 45-day payment rule to MSMEs that has come into effect from April 1, 2023, as the rule may disrupt business practices due to its severity and lack of clarity. Background: According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a larger company does not pay an MSME on time — within 45 days in case of written agreements — it cannot deduct that expense from its taxable income, leading to potentially higher taxes.MSMEs fear that due to this provision, large buyers could cold-shoulder MSME suppliers and start buying either from those MSMEs that are not registered with Udyam or from non-MSMEs. About MSMEs: Micro, Small, and Medium Enterprises are better known by the acronym MSME. They silently operate across various areas in India, contributing significantly to the country’s GDP. More than 6 crore MSMEs serve as the backbone of our economy, accounting for approximately 30% of the GDP, 45% of manufacturing output, and around 48% of exports. Remarkably, over 11 crore people find employment within the MSME sector, making it an essential driver of economic growth. Recent Changes: As of July 1, 2020, the definition of MSMEs was revised to align with market conditions and ease of doing business. The new criteria are based on investment amount and turnover: Micro: Investment up to ₹1 crore and turnover up to ₹5 crore. Small: Investment up to ₹10 crore and turnover up to ₹50 crore. Medium: Investment up to ₹50 crore and turnover up to ₹250 crore. Importantly, exports turnover is excluded from the turnover calculation, encouraging MSMEs to explore international markets without losing benefits. Issues associated with the MSMEs: Lack of skilled labour: MSMEs often struggle to find skilled workers, which can make it difficult for them to grow and expand their businesses. Bureaucratic red tape: MSMEs have to navigate a complex web of regulations and bureaucratic procedures, which can be time-consuming and costly. Competition from larger companies: MSMEs in India often have to compete with larger, more established companies, which can make it difficult for them to succeed in the market. Access to finance:
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