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Daily Current Affairs : 7 Dec 2019

Major Topics Covered :

  1. WOMEN ENTREPRENEURS IN THE COUNTRY

  2. AYUSH82

  3. GOA TO HOST 2ND EDITION OF STARTUP INDIA GLOBAL VENTURE CAPITAL SUMMIT 2019

  4. ANTIVENOM THERAPY

  5. “FORMIDABLE BLUE WATER FORCE”

  6. WHITE DWARF STAR (WDJ0914+1914)

  7. 15TH FINANCE COMMISSION SUBMITS INTERIM REPORT FOR FISCAL 2020-21

  8. RIPU DAMAN BEVLI- FIT INDIA PLOGGING RUN

  9. ALLOCATION OF 5 COAL MINES APPROVED

  10. INDIA’S TOP 10 POLICE STATIONS, 2019



WOMEN ENTREPRENEURS IN THE COUNTRY

Part of GS- 1 Social Issues


Why in news?

Government of India informed Rajya Sabha about the various initiatives to encourage women entrepreneurship within the Country.


In order to address the problems in development of women entrepreneurship, different Ministries/ Departments of Government of India have been implementing a number of schemes viz; Start-up India by the Ministry of Commerce and Industry and Prime Minister’s Employment Generation Programme (PMEGP) including Udyam Sakhi Portal by Ministry of Micro, Small and Medium Enterprises (MSME) etc.


Highlights:


  • The key challenges for women entrepreneurs in India include access to funding, availability of market, family constraints, lack of confidence in business skills, gender bias etc.

  • Start-up India aims to build a strong eco-system for nurturing innovation and Start-ups in the country under which 10% of the total corpus of Fund of Funds amounting to Rs 1000 crore, has been reserved for women led start-ups.

  • MSME has launched a portal namely “Udyam Sakhi” for encouraging women entrepreneurs and to aid, counsel, assist and protect their interests.

  • Similarly, Prime Minister’s Employment Generation Programme (PMEGP), is a major credit-linked subsidy scheme to promote and set up micro, small and medium enterprises and to generate employment in rural and urban areas of the country.

  • The maximum cost of the project under PMEGP scheme is Rs.25.00 lakhs for manufacturing sector units and Rs.10.00 lakhs for units under service sector.

  • Under the scheme the women entrepreneurs are provided 25% and 35% subsidies for the project set up in urban and rural areas respectively.

  • Further, to encourage women entrepreneurship within the Country, Ministry of Skill Development and Entrepreneurship is running a pilot project named ‘Economic Empowerment of Women Entrepreneurs and Start-ups by Women’ in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Germany.

  • The project pilots incubation and acceleration programmes for micro women entrepreneurs to start new businesses and scale up existing enterprises in Assam, Rajasthan and Telangana.

  • The project has the target to pilot the incubation programme with 250 women and the acceleration programme with 100 women.


Source: PIB


AYUSH82

Part of GS- Health


Why in news?

Minister for AYUSH informed Lok Sabha about the AYUSH82 formulation.


Highlights:

  • The Central of Research in Ayurveda Sciences (CCRAS), and autonomous body under Ministry of AYUSH has been engaged in extending research oriented Ayurveda based on integrative health care services for the management of Madhumeha which is Diabetes Mellitus.

  • CCRAS had developed the AYUSH82 formulation for diabetes through scientific process of drug development and commercialized through National Research Development Corporation (NRDC) for wider public utility.


BGR-34:

  • Council of Scientific and Industrial Research (CSIR), through its constituent laboratories namely CSIR-CIMAP, Lucknow; and CSIR-NBRI, Lucknow developed NBRMAP-DB as anti-diabetic formulation.

  • The knowhow for the product was licensed to M/s AIMIL Pharma Ltd., Delhi who are manufacturing and marketing it as BGR-34, across the country.


Source : PIB


GOA TO HOST 2ND EDITION OF STARTUP INDIA GLOBAL VENTURE CAPITAL SUMMIT 2019

Part of GS-3 Economy


Why in news?

The Department for Promotion of Industry and Internal Trade (DPIIT), in partnership with Government of Goa, is organizing the 2nd edition of the Startup India Global Venture Capital Summit, on 6th and 7th of December, 2019 for Fund Managers and Limited Partners of Top Global Venture Capital Firms.


Highlights: