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Daily Current Affairs : 21-Nov-2019

Major Topics Covered :

  1. FEMALE LABOUR FORCE PARTICIPATION

  2. PERMANENT COMMISSION FOR WOMEN IN ARMY

  3. SECTION 47 OF RBI ACT

  4. AGRA

  5. WEST BANK

  6. INDIAN PERFORMING RIGHT SOCIETY (IPRS)

  7. SWACHH SURVEKSHAN GRAMEEN AWARDS 2019

  8. PLAGUE

FEMALE LABOUR FORCE PARTICIPATION

Part of GS-3 Economy


Why in news:

Skills study: Over next 5 years, just 1 in 5 entrants to labour force a woman

While the NSO’s Periodic Labour Force Survey (PLFS) 2017-18 had estimated female labour force participation rate for 15 years and above at 23.3 per cent, the comparative numbers of other countries highlight the labour market’s gender skew.


Highlights:

  • Just one out of five persons- in the 15-30 years age bracket- entering the labour force is expected to be a female in the five years ending 2023, when India’s labour market demography is projected to peak.

  • According to an internal study conducted by the National Skills Development Corporation (NSDC), 7 crore additional individuals in the working-age (15-59 years) are expected to enter the labour force by 2023, of which 84.3 per cent or 5.9 crore will be in the age group 15-30 years.

  • While the NSO’s Periodic Labour Force Survey (PLFS) 2017-18 had estimated female labour force participation rate for 15 years and above at 23.3 per cent, the comparative numbers of other countries highlight the labour market’s gender skew.

  • 7 crore additional individuals in the working-age (15-59 years) are expected to enter the labour force by 2023, of which 84.3 % or 5.9 crore will be in the age group 15-30 years.

  • Only six states- Uttar Pradesh, Maharashtra, Madhya Pradesh, Bihar, Tamil Nadu and Karnataka- are expected to account for 50 % (about 3 crore) of the new youth entrants (15-30 years) during 2019-23.

  • India’s female labour force participation rate ranks much lower than other Asian economies in 2019, including Vietnam (73 per cent), China (61 per cent), Singapore (60 per cent), Bangladesh (36 per cent), and is closer to the estimates in countries such as Lebanon (24 per cent), Pakistan (24 per cent), Libya (26 per cent), Tunisia (24 per cent) and Sudan (24 per cent), according to World Bank data.



Source: Indian Express

PERMANENT COMMISSION FOR WOMEN IN ARMY

Part of GS-3 Defence And Security


Why in news:

The Supreme Court said the armed forces should consider granting permanent commission to women officers who joined forces under the Short Service Commission (SSC) before March 2019.


Highlights:

  • The Army had notified permanent commission to women officers, who join the forces under SSC, after March 2019.

  • The Supreme Court has now asked the Centre to grant permanent commission to women officers with retrospective effect, i.e. to those serving under SSC before March 2019.

  • In the absence of implementation of policy in retrospective effect, women officers working for several years in the armed forces are unlikely to reap the benefits.

  • The government had already rolled out a policy in February 2019 granting permanent commission in ten branches of Army- Judge Advocate General, Army Education Corps, Signals, Engineers, Army Aviation, Army Air Defence, Electronics and Mechanical Engineers, Army Service Corps, Army Ordinance Corps and Intelligence.

  • All branches in the Indian Air Force, including fighter pilots, are already opened for women officers.

  • In the Navy, SSC has been applicable in all non-sea going branches. In Naval Armament branch, women officer under SSC are eligible for grant of permanent commission.



Source : Business Standard

SECTION 47 OF RBI ACT

Part of GS-3 Economy


Why in news:

Union Finance Minister informed Lok Sabha that transfer of surplus reserves from the RBI to the government in future would depend on net income and other financial parameters of the RBI besides the recommendations of the expert committee on excess capital.


Highlights:

  • The surplus distribution policy of the Reserve Bank of India (RBI) is determined in accordance with Section 47 of the RBI Act, 1934.

  • Section 47 says that “after making provision for bad and doubtful debts, depreciation in assets, contributions to staff and superannuation funds and for all other matters for which provision is to be made by or under this Act or which are usually provided for by bankers, the balance of the profits shall be paid to the central government".

  • The quantum of surplus transfer to the government in the coming years would depend on RBI’s net income, ‘required realised equity’ as a % of RBI’s balance sheet and ‘available realised equity’ as a % of RBI’s balance sheet in the coming years.

  • It shall be governed by the legal provisions of the RBI Act, 1934 read with the recommendations of the committee as accepted by RBI.



Source : The Hindu

AGRA

Part of GS-1 History


Why in news:

The government of Uttar Pradesh may be planning to change the name of Agra to Agravan. The Department of History at the Dr Bhimrao Ambedkar University in Agra has been asked to examine whether the city was known by any other name in ancient times.


Highlights:

  • The move was initiated after some local people wrote a post on UP government’s Stamp and Registration website demanding to rename Agra.

  • There is no well known documented evidence that Agra was known by a different name in the past.

  • The Yogi Adityanath government in U.P. has changed the name of Allahabad to Prayagraj, of Mughalsarai Junction railway station to Pandit Deen Dayal Upadhyaya Junction, and of Faizabad district to Ayodhya.

  • Historical Backgraund:

  • The Greek astronomer, mathematician and geographer Claudius Ptolemy who lived in the 2nd century AD in the city of Alexandria in the Roman province of Egypt, is believed to be the first person to refer to the city of “Agra” in his well known work ‘Geographia’ (The Geography).

  • A UP government website says: “It is generally accepted that Agra was both an ancient city from the times of the Mahabharata and yet nevertheless Sultan Sikandar Lodi, the Muslim ruler of the Delhi Sultanate, founded Agra in the year 1504.”

  • The “golden age” of the city began with the Mughals, when it was known as Akbarabad.

  • It served as the capital of the Delhi Sultanate in the early 16th century.

  • After the decline of the Mughal Empire, the city came under the influence of the Marathas, and began to be called Agra.

  • Geography (Ptolemy):

  • The Geography is also known by its Latin names as the Geographia and the Cosmographia.

  • it is a gazetteer, an atlas, and a treatise on cartography, compiling the geographical knowledge of the 2nd-century Roman Empire.

  • It was originally written by Claudius Ptolemy in Greek at Alexandria around AD 150.