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Type: PIB

  • Banking Sector Reforms

    [pib] India Post Payments Bank (IPPB)

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: India Post Payments Bank (IPPB)

    Why in the News?

    The Minister of State for Communications has provided crucial information about the India Post Payments Bank (IPPB).

    About India Post Payments Bank (IPPB):

    Details
    What is it? Division of India Post under the Ministry of Communications, launched in 2018.

    Operates as payments bank.

    Vision and Principles Objective: Promote financial inclusion by providing accessible and affordable financial services.
    Customer-Centric: Focuses on delivering secure and affordable banking to rural and underserved areas.
    Empowerment Initiatives by IPPB Financial Inclusion: Offers savings accounts, current accounts, money transfers, bill payments, and insurance.
    Aadhaar-Linked Services: Implements Aadhaar-enabled Payment System (AePS) for easy and secure transactions.
    Doorstep Banking: Provides banking services through 3 lakh postmen and Grameen Dak Sewaks.
    Rapid Expansion: Reached 4 crore customers by December 2020 and crossed 8 crore customers by January 2022, with over 9 crore customers as of March 2024.

     

    Back2Basics: Payments Bank

    • A payments bank operates like a regular bank but without credit risk.
    • It was set up based on the recommendations of the Nachiket Mor Committee.
    • Objective: To promote financial inclusion, especially in unbanked areas, serving migrant workers, low-income households, and small entrepreneurs.
    • Payments banks are registered as public limited companies under the Companies Act, 2013, and licensed under the Banking Regulation Act, 1949.
    • Governed by the Banking Regulation Act, RBI Act, 1934, and the Foreign Exchange Management Act, 1999.
    • Services Offered:
        • Minimum paid-up equity capital is Rs. 100 crores.
        • Can accept deposits up to Rs. 2,00,000 in savings and current accounts.
        • 75% of deposits must be invested in government securities (SLR), with the remaining 25% placed as time deposits with other scheduled commercial banks.
        • Offers remittance services, mobile payments, ATM/debit cards, net banking, and third-party fund transfers.
        • Act as a banking correspondent (BC) for credit and other services.
    • Limitations:
      • Cannot issue loans or credit cards.
      • Cannot accept time deposits or NRI deposits.
      • Cannot set up subsidiaries for non-banking financial activities.

     

    PYQ:

    [2018] Which one of the following links all the ATMs in India?

    (a) Indian banks’ Association

    (b) National Securities Depository Limited

    (c) National Payments Corporation of India

    (d) Reserve Bank of India

  • Promoting Science and Technology – Missions,Policies & Schemes

    [pib] Schemes Implemented in Science and Technology

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Various schemes mentioned

    Why in the News?

    The Ministry of Science and Technology, through its three key departments — Department of Science and Technology (DST), Department of Biotechnology (DBT), and Department of Scientific and Industrial Research (DSIR) — is implementing various schemes to bolster the Science, Technology, and Innovation (STI) ecosystem across India.

    Schemes Implemented Under the Department of Science and Technology (DST)

    Scheme   Objective Key Components
    Science and Technology (S&T) Institutional and Human Capacity Building (2015) Enhance human resource development and institutional capacity in science and technology. – Fellowships at various levels (undergraduate, postgraduate, doctoral, post-doctoral).
    – Establishment of sophisticated R&D facilities.
    – Capacity building for faculty.
    Research and Development (R&D) (2009) Support research in fundamental, applied, and translational sciences. – Collaborative research with universities, government, and private sectors.
    – International research cooperation.
    – Focus on diverse sectors like health, energy, and IT.
    Innovation, Technology Development, and Deployment (2016) Foster innovation and facilitate the development of new technologies for national development. – Technology incubation centers.
    – Technology transfer and commercialization.
    – Support for startups and entrepreneurs.
    National Mission on Interdisciplinary Cyber Physical Systems (NM-ICPS) (2017) Promote interdisciplinary research in Cyber Physical Systems (CPS) that integrate computational algorithms with physical processes. – Development of CPS technologies (e.g., IoT, smart cities, advanced manufacturing).
    – Setting up innovation centers and testbeds for CPS.
    National Quantum Mission (NQM) (2023) Advance quantum technologies for solving national challenges in energy, communications, and security. – Research in quantum computing, quantum communications, and quantum sensing.
    – Establishment of quantum technology hubs and research centers.

     

    Schemes Implemented Under the Department of Biotechnology (DBT)

    Scheme Objective Key Components
    Biotechnology Research Innovation and Entrepreneurship Development (Bio-RIDE) (2017) Foster innovation in biotechnology through research, industrial development, and entrepreneurship. Biotechnology R&D: Funding for research projects.
    Industrial & Entrepreneurship Development (I&ED): Support for biotech startups and industrial innovations.
    Biomanufacturing and Biofoundry: Development of manufacturing and biotechnological production systems.
  • Women Safety Issues – Marital Rape, Domestic Violence, Swadhar, Nirbhaya Fund, etc.

    [pib] #AbKoiBahanaNahi Campaign

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: AbKoiBahanaNahi Campaign

    Why in the News?

    The #AbKoiBahanaNahi national campaign was launched in New Delhi to empower women and end gender-based violence.

    About the #AbKoiBahanaNahi Campaign:

    About Launched By:
    – Ministries of Women and Child Development
    – Ministries of Rural Development
    – Support from UN Women
    Aims and Objectives End Gender-Based Violence: Create awareness and urgency to end violence against women and girls across India.
    Dignity and Equality: Promote women’s dignity by empowering them to report violence and fight for their rights.
    Gender Equality in Economy: Ensure full, equal participation of women in all sectors for building a developed India (Viksit Bharat).
    Implementation and Structural Mandate National Call to Action: urging all stakeholders—citizens, NGOs, and government agencies—to actively work towards ending gender-based violence.
    Alignment with Global Campaigns: The campaign aligns with the UN’s #NoExcuse global initiative, which calls for accountability and action against rising violence.
    Supportive Interventions: Government measures to reduce women’s drudgery, ensure financial inclusion, bridge the gender digital divide, and provide safe spaces for women.
    Significance Empowerment for Dignity: The campaign empowers women to fight for their dignity, free from societal constraints.
    Women’s Role in National Development: Reinforces that achieving gender equality is crucial for India’s development by 2047.
    Support to Women’s Rights: Promotes a holistic approach to women’s rights, ensuring gender-sensitive laws, healthcare, education, and economic opportunities.

    PYQ:

    [2010] Two of the schemes launched by the Government of India for Women’s development are Swadhar and Swayam Siddha. As regards the difference between them, consider the following statements:

    1. Swayam Siddha is meant for those in difficult circumstances such as women survivors of natural disasters or terrorism, women prisoners released from jails, mentally challenged women etc., whereas Swadhar is meant for holistic empowerment of women through Self Help Groups.

    2. Swayam Siddha is implemented through Local Self-Government bodies or reputed Voluntary Organizations whereas Swadhar is implemented through the ICDS units set up in the states.

    Which of the statements given above is/are correct?

    (a) 1 only

    (b) 2 only

    (c) Both 1 and 2

    (d) Neither 1 nor 2

  • Swachh Bharat Mission

    [pib] Swachh Sagar, Surakshit Sagar 3.0

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Swachh Sagar, Surakshit Sagar 3.0

    Why in the News?

    The Ministry of Earth Sciences (MoES) successfully concluded the Swachh Sagar, Surakshit Sagar 3.0 campaign on September 21st, 2024, organizing beach clean-up drives at more than 80 locations across India’s coastline.

    What is Swachh Sagar, Surakshit Sagar 3.0?

    • It is a 75-day citizen-led campaign for improving ocean health through collective action.
    • It is the third edition of a flagship initiative launched to raise awareness about marine pollution and promote the conservation of coastal areas.
    • The campaign is part of India’s broader Swachh Bharat Mission and Swachhata Hi Seva initiative and aims to promote cleanliness, sustainable practices, and protect marine ecosystems.
    • It also commemorated International Coastal Cleanup Day.

    Key Highlights 

    • More than 60 tons of waste were removed, including plastic, metal, cloth, rubber, and wood debris.
    • The campaign promoted sustainable coastal practices and encourages communities to adopt eco-friendly habits, playing a vital role in reducing marine debris and conserving biodiversity.
  • Horticulture, Floriculture, Commercial crops, Bamboo Production – MIDH, NFSM-CC, etc.

    [pib] Cabinet approves the Clean Plant Programme

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Clean Plant Programme

    Why in the News?

    The Union Cabinet has approved the Clean Plant Programme (CPP) proposed by the Ministry of Agriculture and Farmers Welfare.

    What is the Clean Plant Programme (CPP)?

    Details
    Objective
    • To provide virus-free, high-quality planting material to farmers, enhancing the quality, productivity, and sustainability of fruit crops across India.
    • Aligns with Mission LiFE and One Health initiatives, promoting sustainable practices and reducing dependence on imported planting materials.
    Key Features
    • Virus-Free Planting Material: Ensures availability of high-quality, virus-free planting material.
    • All-inclusivity: Accessible to all farmers, with emphasis on women’s participation.
    • Region-Specific Approaches: Tailored strategies for diverse agro-climatic conditions across India.
    Core

    Components

    • Clean Plant Centers (CPCs): Nine state-of-the-art CPCs equipped with advanced diagnostics and tissue culture labs will be established across India. These include:
    1. Grapes (NRC, Pune)
    2. Temperate Fruits (Apple, Almond, Walnuts, etc.): CITH, Srinagar & Mukteshwar
    3. Citrus Fruits (CCRI, Nagpur & CIAH, Bikaner)
    4. Mango/Guava/Avocado: IIHR, Bengaluru
    5. Mango/Guava/Litchi: CISH, Lucknow
    6. Pomegranate: NRC, Sholapur
    7. Tropical/Sub-Tropical Fruits: Eastern India.

    These centers will produce and maintain virus-free planting material for large-scale propagation.

    • Certification and Legal Framework: Under the Seeds Act of 1966.
    • Nursery Infrastructure: Support for large-scale nurseries to multiply clean planting materials.
    Key Benefits
    • For Farmers: Increased crop yields, improved income opportunities, and economic stability through access to virus-free, high-quality planting materials.
    • For Consumers: Access to superior quality, virus-free fruits, resulting in better taste, appearance, and nutritional value.
    • For nation: Strengthened position in global fruit trade through the production of higher-quality, disease-free fruits.

     

    PYQ:

    [2013] Fruits stored in a cold chamber exhibit longer storage life because:

    (a) Exposure to sunlight is prevented

    (b) Concentration of carbon dioxide in the environment is increased

    (c) Rate of respiration is decreased

    (d) There is an increase in humidity

    [2018] Assess the role of National Horticulture Mission (NHM) in boosting the production, productivity and income of horticulture farms. How far has it succeeded in increasing the income of farmers?

  • Mother and Child Health – Immunization Program, BPBB, PMJSY, PMMSY, etc.

    [pib] Update on Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA)

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Features of the Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA)

    Why in the News?

    • An Extended Pradhan Mantri Surakshit Matritva Abhiyan (E-PMSMA) strategy was launched to ensure quality Antenatal Care (ANC) for pregnant women.
      • The strategy focuses on individual tracking of high-risk pregnancies (HRP) and provision of additional PMSMA sessions beyond the 9th of every month.

    About High-Risk Pregnancy: 

    • A high-risk pregnancy involves greater risk of health complications for the mother, the foetus, or both, due to pre-existing medical conditions, conditions that develop during pregnancy, or foetal issues.
    • Common Factors:
      • Maternal Health Conditions: Pre-existing diabetes, hypertension, HIV, kidney disease, or conditions arising during pregnancy like gestational diabetes and preeclampsia.
      • Obstetric Factors: Previous caesarean section, history of preterm labor, multiple pregnancies, and congenital malformations.

    About Pradhan Mantri Surakshit Matritva Abhiyan (PMSMA)

    Details
    About An initiative to provide quality antenatal care (ANC) to all pregnant women.
    Launch  October 2016
    Target Group All pregnant women, especially those in their second and third trimesters.
    Frequency Services provided on the 9th of every month at government health facilities.
    Objective Ensure safe motherhood by providing comprehensive and quality antenatal care universally.
    Key Functions
    • General Check-Up: Physical and clinical examinations by medical professionals.
    • Laboratory Investigations: Routine blood tests, urine tests, and other necessary laboratory investigations.
    • Ultrasound: Ultrasound examination to monitor foetal growth and development.
    • Counseling: Nutritional and lifestyle counseling to ensure a healthy pregnancy.
    • High-Risk Identification: Screening and identification of high-risk pregnancies and appropriate referrals for specialized care.
    Key Features
    • Free of Cost: All services under PMSMA are provided free of cost.
    • Fixed Day ANC Services: Antenatal care services are provided on a fixed day every month.
    • Lab Investigations: Basic investigations like Hb, urine albumin, RBS, malaria test, VDRL test, blood grouping, CBC, ESR, and USG.
    • Public-Private Partnership: Encourages participation of private sector healthcare providers in providing ANC services.
    • Incentives: Incentives for healthcare providers who participate in the program.
    Categorization of Pregnant Women 
    • Green Sticker – for women with no risk factor detected
    • Red Sticker – for women with high risk pregnancy
    • Blue Sticker – for women with Pregnancy Induced Hypertension
    • Yellow Sticker – pregnancy with co-morbid conditions such as diabetes, hypothyroidism, STIs
    Benefits
    • Improved Maternal Health: Regular and comprehensive ANC helps in early detection and management of complications, improving maternal health outcomes.
    • Reduced Mortality Rates: Timely and quality care reduces maternal and infant mortality rates.
    • Health Education: Provides health education and counseling to pregnant women, promoting better health practices.
    • High-Risk Management: Identifies and manages high-risk pregnancies effectively, ensuring specialized care for those who need it.

    PYQ:

    [2024]  With reference to the ‘Pradhan Mantri Surakshit Matritva Abhiyan’, consider the following statements:

    1. This scheme guarantees a minimum package of antenatal care services to women in their second and third trimesters of pregnancy and six months post-delivery health care service in any government health facility.

    2. Under this scheme, private sector health care providers of certain specialities can volunteer to provide services at nearby government health facilities.

    Which of the statements given above is/are correct?

    (a) 1 only

    (b) 2 only

    (c) Both 1 and 2

    (d) Neither 1 nor 2

  • Promoting Science and Technology – Missions,Policies & Schemes

    [pib] 25th PM-STIAC Meeting

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: PM-STIAC, CCUS

    Why in the News?

    The 25th Prime Minister’s Science, Technology & Innovation Advisory Council (PM-STIAC) meeting was recently held at Vigyan Bhawan Annexe in New Delhi.

    Highlights of the 25th PM-STIAC Meet

    • The meeting was aimed to discuss robust policy formulation for effective Carbon Capture, Utilization, and Storage (CCUS) in India.
    • Focus was on India’s carbon market, carbon credit scheme, and strategies to achieve a 45% reduction in emission intensity by 2030 and Net Zero by 2070.

    About PM-STIAC

    Details
    Objective Provide advice on STI policies and oversee implementation of the government’s STI vision
    Establishment 2018
    Chairperson Principal Scientific Adviser (PSA) to the Government of India
    Composition Eminent scientists, technologists, and innovators from various fields
    Key Roles and Functions
    • Policy Advice
    • Inter-Ministerial Coordination
    • Project Oversight
    • Innovation Ecosystem Promotion
    • Global Collaboration
    • Public Engagement
    • Policy and Program Development
    Major Initiatives and Missions
      1. NM-ICPS: Cyber-Physical Systems Innovation Hubs
      2. Quantum Frontier Mission: Quantum Technologies
      3. AI Mission: AI for Inclusive Growth
      4. Electric Mobility Mission: Promote EVs
      5. Waste to Wealth Mission: Sustainable Waste Management
      6. Health and Well-being Mission: Improve Healthcare Delivery
      7. AGNIi: Accelerating Growth of New India’s Innovations
    • Deep Ocean Exploration

    What is Carbon Capture, Utilization, and Storage (CCUS)?

    Carbon Capture, Utilization, and Storage (CCUS) is a technology aimed at reducing carbon dioxide (CO₂) emissions from industrial processes and power generation.

    It involves three main steps:

    1. Capture:
      • CO₂ is separated and captured from industrial emissions or directly from the air.
      • Capture technologies include pre-combustion, post-combustion, and oxy-fuel combustion.
    2. Utilization:
      • Captured CO₂ is converted into useful products such as chemicals, fuels, and building materials.
      • Utilization helps in creating economic value from CO₂ and can support the development of a circular carbon economy.
    3. Storage:
      • CO₂ is transported and stored in geological formations such as depleted oil and gas fields, deep saline aquifers, or basalt formations.
      • This prevents CO₂ from entering the atmosphere, thereby mitigating climate change.

    Significance:

    • Climate Change Mitigation: Reduces greenhouse gas emissions, helping to meet climate targets.
    • Energy Transition: Supports the transition to low-carbon energy systems.
    • Economic Benefits: Generates new economic opportunities through the creation of new markets for CO₂-derived products.

    Policy Initiatives for CCUS in India

    • National Hydrogen Energy Mission (2021):
      • Launched in 2021, the mission aims to promote the production and use of green hydrogen, with CCUS being a crucial component for producing blue hydrogen from natural gas.
    • Department of Science and Technology (DST) Initiatives:
      • DST has funded various research projects focusing on developing CCUS technologies since the early 2000s.
      • Projects include capturing CO₂ from industrial sources and converting it into valuable products like methanol and synthetic fuels.
    • National Carbon Capture, Utilization & Storage Policy Framework and Its Deployment Mechanism (2020):
      • Established in 2020, the framework aims to create a roadmap for deploying CCUS technologies across various sectors.
      • It focuses on enhancing research, development, and demonstration (RD&D) activities and creating enabling regulatory and policy environments.
    • Industry Collaborations:
      • Collaborations with industries such as Oil and Natural Gas Corporation (ONGC) and Bharat Petroleum Corporation Limited (BPCL) for pilot projects on CCUS.
      • Public-private partnerships to foster innovation and scale up CCUS technologies have been ongoing since the 2010s.
    • International Collaborations (CSLF, 2003):
      • India joined the Carbon Sequestration Leadership Forum (CSLF) in 2003, which promotes international collaboration on CCUS technology development.
      • Collaborations with countries like the United States and the United Kingdom for knowledge sharing and technical support.
    • Green Energy Corridors (2015):
      • Integration of CCUS with renewable energy initiatives to ensure a sustainable and low-carbon energy mix.
      • Established in 2015, this initiative supports developing infrastructure for transporting and storing captured CO₂.

    PYQ:

    [2020] Which one of the following statements best describes the term ‘Social Cost of Carbon’?

    (a) It is a measure, in monetary value, of the long-term damage done by a tonne of CO2 emissions in a given year.

    (b) Requirement of fossil fuels for a country to provide goods and services to its citizens, based on the burning of those fuels.

    (c) Efforts put in by a climate refugee to adapt to live-in a new place.

    (d) Contribution of an individual person to the carbon footprint on the planet Earth.

  • Minority Issues – SC, ST, Dalits, OBC, Reservations, etc.

    [pib] National Commission for Minorities (NCM)

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: National Commission for Minorities

    Why in the News?

    The National Commission for Minorities (NCM) has advised State Governments/UTs to conduct “Sarv Dharma Meetings”.

    Advisory on “Sarv Dharma Meetings”

    • NCM advised State Governments/UTs to conduct “Sarv Dharma Meetings”:
    1. At Sub-divisional level of States monthly.
    2. At District level half-yearly.
    • It is aimed at curbing attacks and hate crimes against minority communities to prevent communal disharmony.
    • NCM emphasized that hate crimes stem from mental weakness and anger, highlighting citizens’ rights to practice and preach their religion freely.

    Responsibilities and Recommendations

    • Citizens and society urged to disown and condemn hate crimes.
    • Advocated for punitive actions by authorities against anti-social elements.
    • Proposed mechanisms involving civic society to deter anti-social and anti-national forces and prevent societal violence.

     

    About National Commission for Minorities (NCM)

    • It is a statutory body formed on the basis of National Commission for Minorities Act, 1992 and replaced an earlier body called Minorities Commission.
    • The Commission consists of a total of 7 persons to be nominated by the Central Government from amongst persons of eminence, ability and integrity.
    • It consists of a Chairperson, a Vice- Chairperson and 5 Members.
    • Each Member holds office for a period of 3 years from the date of assumption of office.

    Functions of NCM:

    1. Evaluate minority development progress.
    2. Monitor constitutional and legal safeguards.
    3. Recommend effective safeguard implementation.
    4. Address complaints regarding deprivation of rights.
    5. Conduct studies on discrimination and recommend measures.
    6. Research socio-economic and educational development.
    7. Suggest measures to Central or State Governments.
    8. Make periodical or special reports to the Central Government.
    9. Address any matter referred by the Central Government.

    Powers of NCM:

    1. Summon and enforce attendance of any person from India.
    2. Require discovery and production of documents.
    3. Receive evidence on affidavit.
    4. Requisition public records from courts or offices.
    5. Issue commissions for examining witnesses and documents.

    Who are Minorities?

    • The Central has notified minority communities at the national level in consultation with various stakeholders under Section 2 (c) of the National Commission for Minorities (NCM), Act, 1992.
    • The six communities notified as minority communities under Section 2(c) of the NCM Act are Christians, Sikhs, Muslims, Buddhists, Parsis, and Jains.
      • Jains were notified as minority community in January 2014.
    • Notification of any community-specific to a State as a minority community within a State comes under the purview of the respective State.

    Total Minority Population in India as per 2011 Census: 

    19.3% of the total population (Muslims: 14.2%; Christians: 2.3%; Sikhs: 1.7%; Buddhists: 0.7%; Jains: 0.4%; Parsis: 0.006%)

    Rights & Safeguards for Minorities:

    Under Fundamental Rights (Part III of the Indian Constitution):

    1. Article 29(1): Right to conserve distinct language, script, or culture.
    2. Article 30(1): Right to establish and administer educational institutions.
    3. Article 30(2): Freedom from discrimination in receiving state aid.

    Under Official Language (Part XVII of the Indian Constitution):

    1. Article 347: Rights for language spoken by any section of the population.
    2. Article 350A: Instruction in mother tongue.
    3. Article 350B: Special officer for linguistic minorities.

    Sachar Committee Report (2006):

    Constitution Date: 9 March 2005

    Key Recommendations:

    • Create a National Data Bank (NDB) for socio-religious data.
    • Establish an Equal Opportunity Commission.
    • Provide incentives for a ‘diversity index.’
    • Ensure high-quality education for children aged 0-14.
    • Set up government schools in Muslim-concentrated areas.
    • Increase Muslim employment share in public-facing jobs.
    • Enact state laws for minority representation.
    • Support initiatives in Muslim-concentrated occupations.
    • Improve minority participation in commercial banks.
    • Focus on inclusive development while respecting diversity.

     

    PYQ:

    [2011] In India, if a religious sect/community is given the status of a national minority, what special advantages it is entitled to?

    1. It can establish and administer exclusive educational institutions.
    2. The President of India automatically nominates a representative of the community to Lok Sabha.
    3. It can derive benefits from the Prime Minister’s 15-Point Programme.

    Which of the statements given above is/are correct?

    (a) 1 only
    (b) 2 and 3 only
    (c) 1 and 3 only
    (d) 1, 2 and 3

  • Finance Commission – Issues related to devolution of resources

    [pib] XVI Finance Commission constitutes Advisory Council

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: XVI Finance Commission and its terms of references

    Why in the News?

    The Sixteenth Finance Commission (chaired by Arvind Panagariya, the former Vice-Chairman of NITI Aayog) has constituted an Advisory Council of five members.

    Role and Functions of the Advisory Council

    • To advise the Commission on any of the Terms of Reference (ToR) or related subjects that may be of relevance.
    • To assist in the preparation of papers or research studies and to monitor or assess studies commissioned by the Finance Commission, thereby enhancing the Commission’s understanding of the issues in its ToR.
    • To help broaden the Commission’s ambit and understanding by seeking the best national and international practices on matters pertaining to fiscal devolution and improving the quality, reach, and enforcement of its recommendations.

    About Finance Commission

    • The Finance Commission is a Constitutional body created every five years to transfer financial resources from the centre to states.
    • It is a quasi-judicial body.
    • The origin of the Finance Commission lies in Article 280 of the Constitution.
    • The President of India shall constitute a Finance Commission every five years to give recommendations about the transfer of central revenues (tax) to the states and its allocation among them (states).
    • The recommendations of the Fifteenth Finance Commission are valid up to the financial year 2025-26.

    Composition of the FC:

    • The Finance Commission consists of a chairman and four other members appointed by the President.
    • They hold office for such a period as specified by the president in his order and are eligible for reappointment.

    Qualifications:

    • Parliament determines the qualifications of members of the commission and the manner in which they should be selected.
      • Chairman should be a person having experience in public affairs, and
      • Four other members should be selected from amongst individuals with specialized knowledge of finance, accounts, economics, or administration.

    Terms of Reference for 16th Finance Commission

    • Division of Tax Proceeds, principles for Grants-in-Aid, enhancing State Funds for Local Bodies and evaluation of Disaster Management Financing

    PYQ:

    [2023] Consider the following:

    1. Demographic performance
    2. Forest and ecology
    3. Governance reforms
    4. Stable government
    5. Tax and fiscal efforts

    For the horizontal tax devolution, the Fifteenth Finance Commission used how many of the above as criteria other than population area and income distance?

    (a) Only two
    (b) Only three
    (c) Only four
    (d) All five

  • Indian Army Updates

    [pib] 13th Edition of Exercise MAITREE in Thailand

    Note4Students

    From UPSC perspective, the following things are important:

    Prelims level: Exercise MAITREE

    Why in the News?

    The Indian Army contingent departed for the 13th edition of the India-Thailand joint military Exercise MAITREE.

    About Exercise Maitree 

    • Maitree is an annual bilateral military exercise between the Indian Army and the Royal Thai Army that has been conducted since 2006.
    • It is conducted alternatively in India and Thailand each year
    • The latest edition in 2019 took place in Umroi, Meghalaya
    • The exercise involves company-level joint training in jungle and urban scenarios
      • Objective: Enhancing combined capabilities in executing joint counter-insurgency and terrorist operations in jungle and urban environments under Chapter VII of the United Nations Charter.

    Training Focus:

    • It focuses on joint planning, tactical drills, physical fitness exercises, and sharing best practices.
    • Key activities include setting up joint operation centres, intelligence gathering, using drones, securing landing zones, and conducting special heliborne operations.

    Significance:

    • Exercise Maitree is significant as both India and Thailand face security challenges from terrorism, especially in southern Thailand which is prone to attacks.
    • It is part of the growing defense cooperation between India and Thailand, which signed an MoU on defense cooperation in 2012.

    India’s Defence Exercises with SE Asian Neighbours:

    India has conducted several joint military exercises with its Southeast Asian neighbors in recent years to strengthen defense cooperation and interoperability:

    • Exercise Garuda Shakti: This is a bilateral exercise between the Indian and Indonesian Special Forces. The latest iteration was held in November 2022 at the Sangga Buana Training Area in Indonesia.
    • Exercise Mitra Shakti: This is a joint exercise between the Indian and Sri Lankan armies. The latest edition was conducted in 2022.
    • Exercise VINBAX: This is a joint military exercise between India and Vietnam. The 2022 edition was the 3rd iteration of this exercise.
    • IMBEX: This is a joint military exercise between India and Myanmar. The latest edition was held in 2017-18.
    • EKUVERIN: This is a joint military exercise between the Indian and Maldivian forces. The 11th edition was conducted in 2022.
    • CORPAT: India conducts Coordinated Patrol (CORPAT) exercises with maritime neighbors like Indonesia, Thailand, and Malaysia to enhance maritime cooperation and security in the region.
    • AIME 2023: This was the first ASEAN-India Maritime Exercise, held in May 2023 with the participation of navies from India, Brunei, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.

     

    PYQ:

    [2024] Which of the following statements about ‘Exercise Mitra Shakti-2023’ are correct?

    1. This was a joint military exercise between India and Bangladesh.
    2. It commenced in Aundh (Pune).
    3. Joint response during counter-terrorism operation was a goal of this operation.
    4. Indian Air Force was a part of this exercise.

    Select the answer using the code given below :

    (a) 1, 2 and 3

    (b) 1, 2 and 4

    (c) 1, 3 and 4

    (d) 2, 3 and 4