07 Aug 2020: PIB Summary & Analysis

August 7th, 2020 PIB:- Download PDF Here

TABLE OF CONTENTS

1. National Panchayat Awards 2020
2. Tribal Cooperative Marketing Development Federation of India (TRIFED)
3. Landslides
4. Rashtriya Swachhata Kendra
5. IBBI amends the Insolvency and Bankruptcy Board of India Regulations

1. National Panchayat Awards 2020

Context:

National Panchayat Awards distributed.

About the National Panchayat Awards:

• The awards honour the best performing Panchayats in India.
• It was instituted by the Ministry of Panchayati Raj, GOI in 2011-12.
• The awards are given on the occasion of the National Panchayati Raj Day (April 24) every year.
• The awards are given in different categories such as:
  • Deen Dayal Upadhyay Panchayat Sashaktikaran Puraskar (DDUPSP)
  • Nanaji Deshmukh Rashtriya Gaurav Gram Sabha Puraskar (NDRGGSP)
  • Child-friendly Gram Panchayat Award (CFGPA)
  • Gram Panchayat Development Plan (GPDP)
  • e-Panchayat Puraskar

2. Tribal Cooperative Marketing Development Federation of India (TRIFED)

Context:

33^rd Foundation Day of TRIFED.

What is TRIFED?

• TRIFED or the Tribal Cooperative Marketing Development Federation of India is the national level cooperative body mandated to bring about socio-economic development of tribals of the country by institutionalising the trade of Minor Forest Produce (MFP) & Surplus Agricultural Produce (SAP) collected/cultivated by them.
• It was established in 1987, TRIFED is under the administrative control of the Ministry of Tribal Affairs. It is headquartered in New Delhi with many regional offices.
• TRIFED plays the dual role of both a market developer and a service provider, empowering the tribals with knowledge and tools to better their operations in a systematic, scientific manner and also assist them in developing their marketing approach.
• It is involved actively in capacity building of the tribal people through sensitization and the formation of Self Help Groups (SHGs).
• The organisation also assists them in exploring and creating opportunities to market the developed products in national and international markets on a sustainable basis.
• TRIBES India is the brand under which the sourced handcrafted products from the tribal people are sold.

3. Landslides

Context:

Landslide in Rajamalai, Idukki.

About landslides:

• A landslide is defined as the movement of a mass of rock, debris, or earth down a slope.
• Landslides are a type of mass wasting (a geomorphic process), which denotes any down-slope movement of soil and rock under the direct influence of gravity.
• Landslides can be triggered by many factors such as earthquakes, volcanic activity, soil erosion and slow weathering of rocks.
• Landslides are a natural disaster that result in loss of lives and property. South Asian countries and India particularly, are seriously affected by landslides every year.
• They are a major hydrogeological hazard that affect large parts of India including the Himalayas, the north-eastern hill ranges, the Eastern and Western Ghats, the Nilgiris, and the Vindhyas.
• Major types of landslides:
  • Falls: It happens due to the abrupt movements of masses of geologic materials, such as rocks and boulders that become detached from steep slopes or cliffs.
  • Spread: It generally happens on very gentle slopes or flat terrain.
  • Topples: It happens due to the forward rotation of a unit or units about some pivotal point, below or low in the unit, under the actions of gravity and forces exerted by adjacent units or by fluids in cracks.
  • Slides: Here, rocks, debris or soil slide through slope forming material.
• Landslide mitigation:
  • Restriction or removal of population from landslide-prone areas.
  • Restriction of certain types of land use where slopes are vulnerable.
  • Installing early warning systems based on the monitoring of ground conditions like slope displacement, strain in soil and rocks, groundwater levels.

Also read: Mass Movements – UPSC Geography Notes

4. Rashtriya Swachhata Kendra

Context:

Rashtriya Swachhata Kendra inaugurated by the PM.

About the Rashtriya Swachhata Kendra (RSK):

• It is an interactive experience centre on the Swachh Bharat Mission.
• The RSK was first announced in 2017 as a tribute to the father of the nation, Mahatma Gandhi.
• The installations at RSK will introduce future generations to the successful journey of the world’s largest behaviour change campaign, the Swachh Bharat Mission.
• A balanced mix of digital and outdoor installations in the RSK will impart information, awareness and education on Swachhata and related aspects.
• The complex interplay of processes and activities will be presented through assimilative learning, best practices, global benchmarks, success stories and thematic messages in an interactive format.

The Swachh Bharat Mission has transformed rural sanitation in India and has changed the behaviours of over 55 crore people from open defecation to using a toilet. The mission is now in its second phase, aiming to take India’s villages from Open Defecation Free (ODF) to ODF Plus, with a strong focus on sustaining ODF status and ensuring solid and liquid waste management for all.

5. IBBI amends the Insolvency and Bankruptcy Board of India Regulations

Context:

The Insolvency and Bankruptcy Board of India (IBBI) amends:

1. Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
2. Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017

Details:

Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016:

• The Regulations currently envisage that the authorised representative shall seek voting instructions from creditors in a class at two stages, namely, (i) before the meeting; and (ii) after the circulation of minutes of the meeting.
• The amendment made to the Regulations provides that the authorised representative shall seek voting instructions only after the circulation of minutes of meeting and vote accordingly.
• He shall, however, circulate the agenda, and may seek preliminary views of creditors in the class before the meeting, to enable him to effectively participate in the meeting.

Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017:

• The Insolvency and Bankruptcy Code, 2016 enables a corporate person to initiate a voluntary liquidation process if it has no debt or it will be able to pay its debts fully from the proceeds of the assets.
• The corporate person appoints an insolvency professional to conduct the voluntary liquidation process by a resolution of members or partners, or contributories, as the case may be.
• However, there can be situations that may require the appointment of another resolution professional as the liquidator.
• The amendment made to the Regulations provides that the corporate person may replace the liquidator by appointing another insolvency professional as liquidator by a resolution of members or partners, or contributories, as the case may be.

Read previous PIB here.

August 7th, 2020 PIB:- Download PDF Here