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  • Cabinet clears MoU between ICAI and Qatar Financial Centre Authority

    Signing of MoU

    • The Union Cabinet approved the signing of a pact between the Institute of Chartered Accountants of India (ICAI) and the Qatar Financial Centre Authority (QFCA)
    • The ICAI has more than 6,000 members in the Middle East.

    Increase opportunities and enhance cooperation

    • The MoU would enhance cooperation between the institutes to work together to strengthen the accounting profession and entrepreneurship base in Qatar.
    • The MoU would provide the ICAI members in the entire Middle East better recognition, together with working to support Indian businesses desirous of doing business in Qatar
    • The MoU will endeavour to increase opportunities for ICAI members to provide professional services in Qatar in the areas of assurance and auditing, advisory, taxation, financial services and allied areas.
  • [pib] Goa Maritime Symposium (GMS) – 2021

    Fostering relations with maritime neighbours

    • Towards fostering friendly relations with its maritime neighbours, Indian Navy hosted ‘GMS-21’.
    • The event for the first time was hosted in virtual mode, with online participation of Naval representatives from 13 Indian Ocean Littoral countries.
    • The 13 countries included India, Bangladesh, Comoros, Indonesia, Madagascar, Malaysia, Maldives, Mauritius, Myanmar, Seychelles, Singapore, Sri Lanka and Thailand.
    • The theme for GMS-21 was focused on “Maritime Security and Emerging Non-Traditional Threats: A Case for Proactive Role for IOR Navies,” with emphasis on capacity building amongst the IOR Navies to tackle emerging common maritime threats.

    Bringing together the stakeholders

    • With the Indian Ocean becoming the locus of 21st century strategic landscape, the symposium will play a constructive role in bringing together the stakeholders who have a role in evolving strategies, policies and implementation mechanisms on the issues of common interest in maritime domain.
    • In addition to presenting cooperative strategies for enhancing interoperability among partner maritime agencies, the event provided a forum for articulation of views on the crucial maritime issues, followed by theme based discussions.
  • Rajasthan to use MLA fund for vaccination

    MLA-LAD Fund for buying vaccine

    • As part of the efforts to mobilise financial resources for COVID-19 vaccination, Rajasthan Chief Minister has approved a proposal to provide ₹3 crore each from the MLA Local Area Development (LAD) Fund.
    • For meeting the expenses, the fund for each legislator has been increased from ₹2.25 crore to ₹5 crore a year.
    • The 200 MLAs in the State will contribute a total of ₹600 crore to the vaccination fund account under the Chief Minister’s Relief Fund.
    • From the remaining ₹2 crore in the MLA-LAD Fund, ₹1 crore will be spent on strengthening the medical infrastructure, purchase of equipment and setting up of model community health centres.

    About MLA-LAD Fund

    • Member of Legislative Assembly Local Area Development is a scheme that enables each MLA to undertake small developmental works in his/her constituency.
    • The MLALAD Scheme is intended to be utilised for small but essential projects/works based on the felt needs of the local public.
    • Under this scheme, funds will be provided in the State’s Plan Budget every year.
  • Foreign Policy Watch: India-China

    Evaluate the Ladakh crisis

    The article highlights the need for a critical assessment of the stand-off with China last year and offers key lessons in managing the strategic competition with China.

    Year after stand-off

    • After over a year, the stand-off between Indian and Chinese troops in eastern Ladakh shows no signs of resolution.
    • More broadly, the India-China bilateral relationship has ruptured.
    • Reversing a long-held policy, India will no longer overlook the problematic border dispute for the sake of a potentially lucrative wider relationship.
    • Even if disengagement continues, the relationship will remain vulnerable to destabilising disruptions.
    • Therefore, the Ladakh crisis offers India three key lessons in managing the intensifying strategic competition with China.

    Three key lessons

    1) Military strategy based on denial are more useful

    •  Military strategies based on denial are more useful than strategies based on punishment.
    •  The Indian military’s standing doctrine calls for deterring adversaries with the threat of massive punitive retaliation for any aggression, capturing enemy territory as bargaining leverage in post-war talks.
    • But this did not deter China from launching unprecedented incursions in May 2020.
    • In contrast, the Indian military’s high-water mark in the crisis was an act of denial — its occupation of the heights on the Kailash Range on its side of the LAC in late August.
    • This action served to deny that key terrain to the Chinese People’s Liberation Army (PLA), and gave the Indian Army a stronger defensive position.
    • A doctrinal focus on denial will give the Indian military greater capacity to thwart future land grabs across the LAC.
    • Over time, improved denial capabilities may allow India to reduce the resource drain of the increased militarisation of the LAC.

    2) Political cost matters more

    • China is more likely to be deterred or coerced with the threat of political costs, rather than material costs.
    • The material burden of the crisis would not disrupt its existing priorities.
    • In contrast, India successfully raised the risks of the crisis for China through its threat of a political rupture, not military punishment.
    • A permanently hostile India or an accidental escalation to conflict were risks that China, having achieved its tactical goals in the crisis, assessed were an unnecessary additional burden.
    • The corollary lesson is that individual powers, even large powers such as India, will probably struggle to shift Beijing’s calculus alone.
    • Against the rising behemoth, only coordinated or collective action is likely to be effective.

    3) India should accept more risk on LAC

    • India should consider accepting more risk on the LAC in exchange for long-term leverage and influence in the Indian Ocean Region.
    • From the perspective of long-term strategic competition, the future of the Indian Ocean Region is more consequential and more uncertain than the Himalayan frontier.
    • At the land border, the difficult terrain and more even balance of military force means that each side could only eke out minor, strategically modest gains at best.
    • In contrast, India has traditionally been the dominant power in the Indian Ocean Region and stands to cede significant political influence and security if it fails to answer the rapid expansion of Chinese military power.

    Conclusion

    As these three lessons show, the future of the strategic competition is not yet written. If India’s leaders honestly and critically evaluate the crisis, it may yet help to actually brace India’s long-term position against China.

  • Child Rights – POSCO, Child Labour Laws, NAPC, etc.

    Legal issues involved in adoption pleas for Covid-19 orphans

    The Covid pandemic has orphaned many children. As a consequence there has been an increase in pleas on social media for adoption. However, such pleas go against the legal provisions. The article deals with the issue.

    Legal provisions for protection of children

    • Today, some people are offering infants for instant adoption by stating how the children have lost their parents to pandemic.
    • However, such adoptions are illegal.
    • The Juvenile Justice (Care and Protection of Children) law was enacted in 2015.
    • The Juvenile Justice Act is a secular law, all persons are free to adopt children under this law.
    • The Juvenile Justice Rules of 2016 and the Adoption Regulations of 2017 followed to create the Central Adoption Resource Authority (CARA).
    • CARA is a statutory body for the regulation, monitoring and control of all intra-country and inter-country adoptions.
    • CARA also grants a ‘no objection’ certificate for all inter-country adoptions, pursuant to India becoming a signatory to the Hague Convention on Protection of Children and Co-operation in Respect of Intercountry Adoptions.
    • India is also a signatory to the UN Convention on the Rights of the Child.
    • Thus, protections afforded to children became a legal mandate of all authorities and courts.
    • Persons professing the Hindu religion are also free to adopt under the Hindu Adoptions and Maintenance Act of 1956.
    • Rehabilitation of all orphaned, abandoned and surrendered children is regulated by the strict mandatory procedures of the Adoption Regulations.

    Procedure for adoption

    • The eligibility of prospective adoptive parents living in India, duly registered on the Child Adoption Resource Information and Guidance System (CARINGS), irrespective of marital status and religion, is adjudged by specialised adoption agencies preparing home study reports.
    • The specialised adoption agency then secures court orders approving the adoption.
    • All non-resident persons approach authorised adoption agencies in their foreign country of residence for registration under CARINGS.
    • Their eligibility is adjudged by authorised foreign adoption agencies through home study reports.
    • CARA then issues a pre-adoption ‘no objection’ certificate for foster care, followed by a court adoption order.
    • A final ‘no objection’ certificate from CARA or a conformity certificate under the adoption convention is mandatory for a passport and visa to leave India.

    Way forward

    • CARA must conduct an outreach programme on social media, newspapers and TV, warning everyone not to entertain any illegal adoption offers under any circumstances whatsoever.
    • The National and State Commissions for Protection of Child Rights must step up their roles as vigilantes.
    • Social activists, NGOs and enlightened individuals must report all the incidents that come to their notice.
    • Respective State Legal Services Authorities have the infrastructure and machinery to stamp out such unlawful practices brought to their attention.
    • The media must publicise and shame all those involved in this disreputable occupation.
    •  At the same time, the police authorities need to be extra vigilant in apprehending criminals.

    Conclusion

    Tough times call for tough measures. This business of criminal trading of children must be checked with an iron hand.

  • Health Sector – UHC, National Health Policy, Family Planning, Health Insurance, etc.

    Risk of mucormycosis in Covid-19 patients

    About mucormycosis

    • Mucormycosis is a fungal infection that has a high mortality rate of 50 per cent.
    • An increasing number of Covid-19 patients have been developing this infection while still at the hospital or after discharge.
    • The disease often manifests in the skin and also affects the lungs and the brain.
    • Some of the common symptoms include sinusitis, blackish nasal discharge, facial pain, headaches, and pain around the eyes.

    Who is at risk

    • Patients who have been hospitalised for Covid-19 and particularly those who require oxygen therapy during Covid-19 illness are at a much higher risk of mucormycosis.
    • However, there are some cases of mucormycosis in patients with asymptomatic Covid-19 infection.
    • Before the pandemic, patients with uncontrolled diabetes were at a higher risk of mucormycosis.
    • The risk of mucormycosis rises for these patients for two reasons.
    • First is that Covid-19 further impairs their immune system.
    • Second, they are given corticosteroids for their treatment it leads to a rise in their blood sugar level thus increasing their risk of mucormycosis.

    Treatment

    • Today, we have a number of drugs and anti-fungal medicines that can treat mucormycosis.
    • These are given by IV or taken orally.
    • Surgery is needed to remove the affected dead tissues along with antifungal therapy.
  • Renewable Energy – Wind, Tidal, Geothermal, etc.

    National Programme on Advanced Chemistry Cell Battery Storage

    About the scheme

    • The Cabinet, chaired by Prime Minister has approved the proposal of Department of Heavy Industry for implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’.
    • Each selected ACC battery Storage manufacturer would have to commit to set-up an ACC manufacturing facility of minimum five (5) GWh capacity and ensure a minimum 60% domestic value addition at the Project level within five years.
    • Furthermore, the beneficiary firms have to achieve a domestic value addition of at least 25% and incur the mandatory investment Rs.225 crore /GWh within 2 Years (at the Mother Unit Level) and raise it to 60% domestic value addition within 5 Years, either at Mother Unit, in-case of an Integrated Unit, or at the Project Level, in-case of “Hub & Spoke” structure.
    • The scheme will help in achieving manufacturing capacity of Fifty (50) Giga Watt Hour (GWh) of ACC and 5 GWh of “Niche” ACC with an outlay of Rs.18,100 crore.

    About ACC

    • ACCs are the new generation of advanced storage technologies that can store electric energy either as electrochemical or as chemical energy and convert it back to electric energy as and when required.

    Benefits of the scheme

    • Setup a cumulative 50 GWh of ACC manufacturing facilities in India under the Programme.
    • Direct investment of around Rs.45,000 crore in ACC Battery storage manufacturing projects.
    • Facilitate demand creation for battery storage in India.
    • Facilitate Make-ln-lndia: Greater emphasis upon domestic value-capture and therefore reduction in import dependence.
    • Net savings of Indian Rs. 2,00,000 crore to Rs.2,50,000 crore on account of oil import bill reduction during the period of this Programme due to EV adoption as ACCs manufactured under the Programme is expected to accelerate EV adoption.
    • The manufacturing of ACCs will facilitate demand for EVs, which are proven to be significantly less polluting.
    • As India pursues an ambitious renewable energy agenda, the ACC program will be a key contributing factor to reduce India’s Green House Gas (GHG) emissions which will be in line with India’s commitment to combat climate change.
    • Import substitution of around Rs.20,000 crore every year.
    • The impetus to Research & Development to achieve higher specific energy density and cycles in ACC.
    • Promote newer and niche cell technologies.
  • Financial Inclusion in India and Its Challenges

    [pib] NITI Aayog and Mastercard Release Report on financial inclusion

    About the report

    • NITI Aayog and Mastercardtoday released a report titled ‘Connected Commerce: Creating a Roadmap for a Digitally Inclusive Bharat’.
    • The report identifies challenges in accelerating digital financial inclusion in India and provides recommendations for making digital services accessible to its 1.3 billion citizens.
    • The report highlights key issues and opportunities, with inferences and recommendations on policy and capacity building across agriculture, small business (MSMEs), urban mobility and cybersecurity.
    • This report looks at some key sectors and areas that need digital disruptions to bring financial services to everyone.

    Key recommendations in the report include:

    • Strengthening the payment infrastructure to promote a level playing field for NBFCs and banks.
    • Digitizing registration and compliance processes and diversifying credit sources to enable growth opportunities for MSMEs.
    • Building information sharing systems, including a ‘fraud repository’, and ensuring that online digital commerce platforms carry warnings to alert consumers to the risk of frauds.
    • Enabling agricultural NBFCs to access low-cost capital and deploy a ‘phygital’ (physical + digital) model for achieving better long-term digital outcomes.
    • Digitizing land records will also provide a major boost to the sector.
    • To make city transit seamlessly accessible to all with minimal crowding and queues, leveraging existing smartphones andcontactless cards, and aim for an inclusive, interoperable, and fully open system such as that of the London ‘Tube’.
  • Health Sector – UHC, National Health Policy, Family Planning, Health Insurance, etc.

    Digital Technologies and Inequalities

    Impact of pandemic

    • The novel coronavirus pandemic has accelerated the use of digital technologies in India, even for essential services such as health and education, where access to them might be poor.
    • Economic inequality has increased: people whose jobs and salaries are protected, face no economic fallout.
    • Well-recognised channels of economic and social mobility — education and health — are getting rejigged in ways that make access more inequitable in an already unequal society.

    Growing inequality in access to education

    • According to National Sample Survey data from 2017, only 6% rural households and 25% urban households have a computer.
    • Access to Internet facilities is not universal either: 17% in rural areas and 42% in urban areas.
    • Surveys by the National Council of Educational Research and Training (NCERT), the Azim Premji Foundation, ASER and Oxfam suggest that between 27% and 60% could not access online classes for a range of reasons: lack of devices, shared devices, inability to buy “data packs”, etc.
    • Further, lack of stable connectivity jeopardises their evaluations.
    • Besides this, many lack a learning environment at home.
    • Peer learning has also suffered.

    Inequality in access to health care

    •  India’s public spending on health is barely 1% of GDP.
    • Partly as a result, the share of ‘out of pocket’ (OOP) health expenditure (of total health spending) in India was over 60% in 2018.
    • Even in a highly privatised health system such as the United States, OOP was merely 10%.
    • Moreover, the private health sector in India is poorly regulated in practice.
    • Both put the poor at a disadvantage in accessing good health care.
    • Right now, the focus is on the shortage of essentials: drugs, hospital beds, oxygen, vaccines.
    • In several instances, developing an app is being seen as a solution for allocation of various health services. 
    • Digital “solutions” create additional bureaucracy for all sick persons in search of these services without disciplining the culprits.
    • Platform- and app-based solutions can exclude the poor entirely, or squeeze their access to scarce health services further.
    • In other spheres (e.g., vaccination) too, digital technologies are creating extra hurdles.
    • The use of CoWIN to book a slot makes it that much harder for those without phones, computers and the Internet. 

    Issues with the creation of centralised database

    • The digital health ID project is being pushed during the pandemic when its merits cannot be adequately debated.
    • Electronic and interoperable health records are the purported benefits.
    • For patients, interoperability i.e., you do not have to lug your x-rays, past medication and investigations can be achieved by decentralising digital storage say, on smart cards as France and Taiwan have done.
    • Given that we lack a data privacy law in India, it is very likely that our health records will end up with private entities without our consent, even weaponised against us.
    • For example, a private insurance companies may use health record to deny poor people an insurance policy or charge a higher premium.
    • There are worries that the government is using the vaccination drive to populate the digital health ID database.

    Way forward

    • Unless health expenditure on basic health services (ward staff, nurses, doctors, laboratory technicians, medicines, beds, oxygen, ventilators) is increased, apps such as Aarogya Setu, Aadhaar and digital health IDs can improve little.
    • Unless laws against medical malpractices are enforced strictly, digital solutions will obfuscate and distract us from the real problem.
    • We need political, not technocratic, solutions.

    Conclusion

    Today, there is greater understanding that the harms from Aadhaar and its cousins fall disproportionately on the vulnerable. Hopefully, the pandemic will teach us to be more discerning about which digital technologies we embrace.

  • Foreign Policy Watch: India-United States

    What does US departure from Afghanistan mean for South Asia?

    The article highlights the important role played by the US in the geopolitics of the region and the impact of the US retreat on the region foreign policy landscape.

    How the US shaped the regional politics of South Asia

    • Since it replaced Britain as the major external power in Greater Middle East half a century ago, America has been the pivot around which the regional politics has played out.
    • Many regional actors sought alliances with America to secure themselves against ambitious or troublesome neighbours.
    • Others sought to balance against America.
    • Israel’s security, ensuring oil supplies, competing with other powers, making regional peace, promoting democracy, and stamping out terrorism are no longer compelling factors demanding massive American military, political and diplomatic investments in the region.

    Region now has to learn to live with neighbours

    • As America steps back from the Middle East, most regional actors either need alternate patrons or reduced tensions with their neighbours.
    • Although China and Russia have regional ambitions, neither of them bring the kind of strategic heft America brought to bear on the Middle East all these decades.
    • Turkey has figured that its troubled economy can’t sustain the ambitious regional policies.
    •  After years of challenging Saudi leadership of the Islamic world, Erdogan is offering an olive branch to Riyadh.
    • After years of intense mutual hostility, Saudi Arabia and Iran are now exploring means to reduce bilateral tensions and moderate their proxy wars in the region.
    • Saudi Arabia is also trying to heal the rift within the Gulf by ending the earlier effort to isolate Qatar. 
    •  These changes come in the wake of the big moves last year by some Arab states — the UAE, Bahrain, Morocco and Sudan — to normalise ties with Israel.

    How India’s approach helped maintain ties in the region

    • India’s emphasis on good relations with all the regional actors without a reference to their conflicts has been vindicated by the turn of events.
    • Barring Turkey, which turned hostile to India under Erdogan, India has managed to expand its ties with most regional actors.
    • Hopefully, the new regional churn will encourage Turkey to take a fresh look at its relations with India.

    Effect on India-Pak relations

    • The regional reset in the Middle East has coincided with efforts by Delhi and Rawalpindi to cool their tensions.
    • The ceasefire on the Line of Control in Kashmir announced at the end of February appears to be holding.
    • The US withdrawal from Afghanistan poses major challenges to the Subcontinent.
    • India and Pakistan, for very different reasons, would have liked to see the US forces stay forever in Afghanistan.
    • For India, American military presence would have kept a check on extremist forces and created conducive conditions for an Indian role in Afghanistan.
    • For Pakistan, American military presence in Afghanistan keeps the US utterly dependent on Pakistan for geographic access and operational support.

    Challenge of terrorism

    • The prospect of trans-border links between the Taliban and other extremist forces in the region is a challenge that South Asian states will have to confront sooner than later.
    • Soaring levels of violence in Afghanistan and attack on the former president of Maldives, underlines South Asia’s enduring challenges with terrorism.
    • Unless the South Asian states collaborate on countering extremism and terrorism, every one of them will be weakened.

    Consider the question “How US troop withdrawal from Afghanistan will influence the regional geopolitics of the region?”

    Conclusion

    The region needs to focus on the peace and harmony in the region while resolving the bilateral issues through dialogue.

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