Finance Bill, 2020
•A Finance Bill is a Bill that, as the name suggests, concerns the country’s finances — it could be about taxes, government expenditures, government borrowings, revenues, etc.
•Financial Bills are of three kinds:
1. Money Bills –Article 110
2. Financial Bills (I)– Article 117 (1)
3. Financial Bills (II)– Article 117 (3)
•From the above classification it is clear all Money bills are Financial bills but all Financial bills are not Money bills
▪️It is similar to a money bill in two respects
1. Both of them can be introduced only in the Lok Sabha and not in the Rajya Sabha.
2. Both of them can be introduced only on the recommendation of the President
•In all other respects, a financial bill (I) is treated as an ordinary bill. ie.
it can be either rejected or amended by the Rajya Sabha.
•In case of a disagreement between the two Houses over such a bill, the President can summon a joint sitting of the two Houses to resolve the deadlock
【Lok Sabha passed the Finance Bill, 2020 without any debate due to the situation arising out of the Coronavirus pandemic】
Hydroxy-Chloroquine to contain spread of COVID-19
•Indian Council of Medical Research (ICMR), has suggested the use of hydroxy-chloroquine to contain the spread of SARS-CoV-2 (Coronavirus) for restricted populations.
•Hydroxy-chloroquine is an oral drug used in the treatment of autoimmune diseases such as rheumatoid arthritis.
[Autoimmune diseases are in which the body’s immune system attacks healthy cells]
•However, the drug is not recommended as a preventive healthcare in children under 15 years of age.
•A study suggests that both hydroxy-chloroquine and chloroquine have in vitro activity against SARS-CoV, SARS-CoV-2, and other coronaviruses, with hydroxy-chloroquine having higher potency against SARS-CoV-2.
Aircraft Amendment Bill, 2020
•It seeks to amend the Aircraft Act, 1934.
•The Act regulates the manufacture, possession, use, operation, sale, import and export of civil aircrafts and licensing of aerodromes
•The Bill proposes to increase the fine amount for violations of rules from ₹10 lakh to ₹1 crore for aviation industry players.
•Under the Bill, the central government may cancel the licences, certificates or approvals granted to a person under the Act if the person contravenes any provision of the Act.
[The Act exempted aircrafts belonging to the naval, military, or air forces of the Union.]
•Air India is having huge losses (₹26 crore daily) due to its disinvestment and it is likely to get worse in the wake of the pandemic
World Tuberculosis (TB) Day : 24th March
•It aims to raise public awareness about the devastating health, social and economic consequences of TB and to step up efforts to end the global TB epidemic
•The date 24th March is chosen to commemorate the anniversary of Dr. Robert Koch’s discovery of the cause of Tuberculosis (Mycobacterium Tuberculosis) in 1882
•TB remains the world’s deadliest infectious killer.
[Each day, over 4000 people lose their lives to TB and close to 30,000 people fall ill with this preventable and curable disease]
▪️Theme for 2020: ‘It’s time’
•The Government of India has committed to eliminate the prevalence of TB by 2025
•The President of India had appealed to all the stakeholders to come together to reinforce the efforts in “TB Harega Desh Jeetega Campaign” to make it a true people’s movement
Innovations for Defence Excellence (iDEX) Initiative
•It is an initiative taken by the government to contribute towards modernization of the Defence Industry
•iDEX aims to promote innovation and technology development in Defence and Aerospace by engaging Industries (which includes MSMEs, start-ups, individual innovators, R&D institutes & academia)
•iDEX will be funded and managed by Defence Innovation Organization (DIO), and will function as the executive arm of DIO
[DIO is a ‘not for profit’ company registered under Section 8 of the Companies Act 2013]
Mission Raksha Gyan Shakti
•It was launched in 2018 by the Ministry of Defence with the objective of creating greater Intellectual Property (IP) in Defence Production Ecosystem
•It aims to achieve the goal of self-reliance in the defense sector to generate Intellectual Property in India and marks a departure from the culture of seeking Transfer of Technology (ToT) from foreign sources
•The Directorate General of Quality Assurance (DGQA) has been entrusted with the responsibility of coordinating and implementing the programme
•Recently, the voluntary community effort by the trust named Yakshavahini has made more than 900 Yakshagana scripts digitised and available online for free
•Yakshagana is a traditional theatre form of Karnataka.
•It is a temple art form that depicts mythological stories and Puranas
•Usually recited in Kannada, it is also performed in Malayalam as well as Tulu (the dialect of south Karnataka)
What is Section 188 IPC?
•Section 188 relates to Disobedience to order duly promulgated by public servant.
•It says violators can be punished with simple imprisonment for a term which may extend to one month or with fine which may extend to two hundred rupees, or with both
•There must be evidence that the accused had knowledge of the order with the disobedience of which he is charged.
▪️The Epidemic Diseases Act, 1897 lays down punishment as per Section 188 of the Indian Penal Code, 1860, for flouting orders issued by various state governments to contain the spread of COVID-19.
•In the past, the Act has been routinely enforced across the country for dealing with outbreaks of diseases such as swine flu, dengue, and cholera