9th September Current Affairs
September 9, 2021
11th September Current Affairs
September 11, 2021
Show all

10th September Current Affairs

PLI scheme for textiles

(GS-II: Government policies and interventions for development in various sectors and issues arising out of their design and implementation)

In News:

The Union Cabinet has approved a Production-Linked Incentive (PLI) scheme for the textiles sector worth Rs 10,683 crore.

Details:

This is part of a larger PLI scheme for 13 sectors, with a total budgetary outlay of 1.97 lakh crore.

What is the PLI scheme?

As the name suggests, PLI is a way to reward increased production in a specified sector, and has ramifications for economic growth and job creation.

The production-linked incentive for textiles is aimed at expanding MMFs and technical textiles’ value chain. The objective of the scheme is to help India gain a dominant status in the global textile trade.

Which segments will the new PLI scheme promote?

The PLI scheme for textiles aims to promote the production of high value Man-Made Fibre (MMF) fabrics, garments and technical textiles.

Eligible producers:

Any person or company willing to invest a minimum of Rs 300 crore in plant, machinery, equipment and civil works (excluding land and administrative building cost) to produce products of MMF fabrics, garments and products of technical textiles will be eligible to participate in the first part of the scheme.

Investors willing to spend a minimum of Rs 100 crore under the same conditions shall be eligible to apply in the second part of the scheme.

Provisions of the PLI scheme:

Under PLI, the Centre will subsidise eligible manufacturers by paying incentives on incremental production.

Companies investing over Rs 300 crore in plant, machinery, equipment and civil works to produce the identified products will get an incentive of 15 percent of their turnover, which needs to be Rs 600 crore in the third year.

The companies investing between Rs 100 crore and Rs 300 crore will also be eligible to receive duty refunds and incentives (lower than 15 percent of their turnover).

The government expects to achieve “fresh investment of over Rs 19,000 crore and a cumulative turnover of more than Rs 3 lakh crore”.

Benefits:

The PLI scheme will provide an immense boost to domestic manufacturing, and prepare the industry for making a big impact in global markets in sync with the spirit of Atmanirbhar Bharat. It will also help attract more investment into this sector.

Significance of the scheme:

Two-thirds of international trade in textiles is of man-made and technical textiles. This scheme has been approved so India can also contribute to the ecosystem of fabrics and garments made of MMF.

13th BRICS Summit

(GS-II: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests)

In News:

The 13th BRICS Summit is going to be held under India’s Chairship in 2021. It will be the third time that India will be hosting the BRICS Summit after 2012 and 2016.

Details:

The Indian Chairship of BRICS this year coincides with the fifteenth anniversary of BRICS, as reflected in the theme for the Summit.

The theme for the Summit: ‘BRICS@15: Intra-BRICS cooperation for continuity, consolidation and consensus.’

Priority areas under the Indian BRICS Chairship:

India had outlined four priority areas for its Chairship. These are Reform of the:

  • Multilateral System.
  • Counter Terrorism.
  • Using Digital and Technological Tools for achieving SDGs.
  • Enhancing People to People exchanges.

Background:

The BRICS summit is taking place at a time two of the Bloc’s members, India and China, are locked in a bitter border standoff in eastern Ladakh for over six months.

The BRICS is known as an influential Bloc that represents over 3.6 billion people, or half of the world’s population.

Such summits are significant for India as the BRICS countries have a combined GDP of USD 16.6 trillion.

What is BRICS?

BRICS is the group composed of the five major emerging countries – Brazil, Russia, India, China and South Africa.

It together represents about 42% of the population, 23% of GDP, 30% of the territory and 18% of the global trade.

The acronym BRIC was coined by economist ‘Jim O’Neill’ of Goldman Sachs in 2001 to indicate the emerging powers that would be, alongside the United States, the five largest economies of the world in the 21st century.

In 2006, BRIC countries started their dialogue, which since 2009 takes place at annual meetings of heads of state and government.

In 2011, with South Africa joining the group, the BRICS reached its final composition, incorporating a country from the African continent.

Swachh Survekshan Grameen 2021

(GS-I: Population and associated issues, poverty and developmental issues, urbanization, their problems and their remedies)

In News:

Swachh Survekshan Grameen, 2021 will be launched under the Swachh Bharat Mission Phase- 2 on 9th September, 2021.

Aim:

It aims to support acceleration of ODF plus interventions and results in the country.

Details:

An expert agency has been hired to conduct the Survekshan 2021.

As part of the Survekshan, Villages, Districts and States would be ranked using key parameters.

Coverage:

As part of Swachh Survekshan Grameen, 17,475 villages in 698 Districts across the country will be covered.

87,250 public places namely schools, anganwadis, public health centres, haat/bazaars/religious places in these villages will be visited for survey.

Around 1,74,750 Households will be interviewed for their feedback on SBM related issues.

Also, citizens will be mobilised to provide feedback on sanitation related issues online using an application developed for the purpose.

Background:

Commissioned by the Department of Drinking Water and Sanitation (DDWS) under the Ministry of Jal Shakti.

SSG is not just a ranking exercise but has been a vehicle for creating a Janandolan (people’s movement).

A detailed protocol has been developed to guide the ranking of Districts based on their performance on key quality and quantitative parameters.

The weights to different elements of the SSG 2021 are as below:

  • Direct Observation of sanitation at public places -30%
  • Citizen’s Feedback, including feedback from common citizens, key influencers at the village level and from citizens online using a mobile App -35%
  • Service Level Progress on sanitation related parameters -35%

Recruitment of Indian citizens to work in the Portuguese Republic

(GS-II: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests)

In News:

The Union Cabinet has approved the signing of an agreement on the recruitment of Indian citizens to work in the Portuguese Republic between the Government of India and Portugal.

Details:

The present agreement would set an institutional mechanism for partnership and cooperation between India and Portugal on sending and accepting Indian workers.

Implementation Strategy:

Under this agreement, a Joint Committee will be set up to follow up the implementation of the same.

Impact:

Signing this agreement with Portugal will add a new destination for Indian migrant workers in an EU member nation, especially in the context of many Indian workers who have returned to India following the Covid-19 pandemic.

It will provide new opportunities for skilled Indian workers and professionals.

With the conclusion of this agreement, Portugal and India will have a formal arrangement for recruitment of Indian workers.

Benefits:

Indian workers would have enhanced job opportunities to work in Portugal.

The Government-to-Government mechanism proposed in the agreement will ensure that the movement of workers happens smoothly with the maximum support from both sides.

Historical background of India-Portugal Relations:

India’s relations with Portugal remain close and friendly.

Relations began amicably in 1947 after India’s independence and diplomatic relations were established in 1949.

Bilateral relations, however, went into decline after 1950 over Portugal’s refusal to surrender its enclaves of Goa, Daman Diu and Dadra and Nagar Haveli on India’s west coast.

By 1955, the two nations had cut off diplomatic relations which were followed by Indian military forces liberating Goa in 1961 through Operation Vijay, ending over 450 years of Portuguese rule in India.

In 1974, India and Portugal signed a treaty recognising India’s sovereignty over Goa, Daman & Diu, Dadra & Nagar Haveli and related matters.

With the signing of this treaty in New Delhi on December 31, 1974, diplomatic relations were re-established and an era of friendly bilateral relations began.

Relation After 1974:

Portugal and India cooperate actively in multilateral fora including support for each other’s candidatures.

Portugal is supporting India’s bid for a permanent seat in the United Nations Security Council.

In October 2005, Portugal extradited Abu Salem and Monica Bedi to India facing terror charges in India.

On October 9, 2015, Portugal became the first European and western country, and only the fourth outside the East Asia Summit, to sign a Memorandum of Understanding on the Establishment of the Nalanda University in India.