IASToppers-Current-Affairs-Analysis-26th-Jan-2016
Current Affairs Analysis

26th January 2016 Current Affairs Analysis

By IT's Current Affairs Analysis Team
January 26, 2016

Contents

Polity & Governance

  • DSIR received ISO 9001:2008 Certificate
  • 25th January: National Voters’ Day

Economy

  • National Risk Assessment (NRA) exercise begins to curb money laundering, terror funding
  • Government makes it easier to set up companies, do business

 


Polity & Governance


DSIR received ISO 9001:2008 Certificate

 

The Department of Scientific & Industrial Research (DSIR), Ministry of Science & Technology, Government of India, received ISO 9001:2008 Certification for its functions, activities and services being in total compliance with the guidelines issued by the Performance Management Division, Cabinet Secretariat Government of India. 

DSIR has received the ISO 9001:2008 Certificate from Swiss Cert Pvt Ltd for the Department complying with all the requirements. 

Background:

  • DSIR started implementation process of ISO 9001:2008 in compliance with the guidelines issued by the Performance Management Division, Cabinet Secretariat, in 2011.
  • After satisfactory audit of functions and services of the Department, the competent Certification Body has now certified DSIR as an ISO 9001:2008 Department. 

About ISO 9001:2008:

  • ISO 9001:2008 specifies requirements for aquality management system where an organization
  • Needs to demonstrate its ability to consistently provide product that meets customer and applicable statutory and regulatory requirements, and
  • Aims to enhance customer satisfaction through the effective application of the system, including processes for continual improvement of the system and the assurance of conformity to customer and applicable statutory and regulatory requirements.
  • All requirements of ISO 9001:2008 are generic and are intended to be applicable to all organizations, regardless of type, size and product provided.

About DSIR:

  • DSIR has a mandate to carry out activities related to indigenous technology promotion, development, utilization and transfer.
  • Its primary endeavor is to promote R&D by the industries, support a larger cross-section of small and medium industrial units to develop state-of-the art globally competitive technologies of high commercial potential, catalyze faster commercialization of lab-scale R&D, and establish user-friendly information network to facilitate scientific and industrial research in the country. 
  • DSIR also provides a link between scientific laboratories and industrial establishments for transfer of technologies through its constituent company, the National Research Development Corporation and facilitates investment in R&D through Central Electronics Limited, the public undertaking under the Department. 

[Ref: PIB]

 

25th January: National Voters’ Day

 

The Election Commission of India celebrated 6th National Voters’ Day (NVD) across the country on 25th January.

  • The theme for the 6th National Voters’ Day is ‘Inclusive and Qualitative Participation’.
  • It is also the day when the founding fathers of Indian Constitution gave to their people ‘the Election Commission of India’, with the mandate of Superintendence, direction and control of elections.

Details:

  • The objective behind National Voters’ Day celebrations is to increase enrolment of voters, especially of the newly eligible ones to make universal adult suffrage a complete reality.
  • National Voters’ Day is aimed at reaching out to the people, learning the reasons for their disillusionment with the process and helping them in realizing the fact that democracy is not complete until everyone is part of it.
  • The day is also utilized to spread awareness among voters regarding effective participation in the electoral process.
  • The Pledge that the new voters take on this day is a reaffirmation of our faith in ourselves, our country and democracy.

 [Ref: PIB]

 

Economy

 

National Risk Assessment (NRA) exercise begins to curb money laundering, terror funding

 

Government agencies have launched a massive National Risk Assessment (NRA) exercise to identify the sectors that are susceptible to money laundering and terror funding, and plug the loopholes.

Details:

  • This exercise is in line with the Financial Action Task Force (FATF) recommendations.
  • The NRA exercise generally takes about a year. It begins with the collection of data on sectors that are prone to money laundering in high, medium and lower categories at the national level.
  • The country then has to prepare an action plan based on the level of risk.
  • While India has met its obligation of mutual evaluation with FATF, it is now required to make a risk assessment and put necessary mechanisms in place.
  • Real-estate emerged as one of the sectors requiring urgent intervention.
  • As part of the process, the World Bank had earlier this month made a customisable excel-based self assessment software tool available to Indian agencies.
  • It focuses on all vital aspects of money laundering, including terror financing risks, and helps identify threats and vulnerabilities in different sectors.

FATF is an inter-government body that sets the standards for measures to counter terror financing, money laundering and other threats to international financial system.

[Ref: Hindu]

 

Government makes it easier to set up companies, do business

 

The Corporate Affairs Ministry has unveiled two initiatives to expedite clearances and ensure greater ease of doing business in the country.

  • Central Registration Centre (CRC) and
  • Government Process Re-engineering (GPR)

Details of the initiatives:

  • The CRC will process applications for name availability, submitted online across the country and endeavour to process them by the end of the next working day.
  • The GPR involves a three-pronged approach of further automating some of the approval processes by utilising advanced software tools, rationalising and modifying certain rules and engaging professionals to expedite the process of manual scrutiny.

Significance of the initiatives:

  • These initiatives ensure faster clearances to incorporate companies and improve the ease of doing business in the country.
  • These initiatives are also meant for uniformity in application of rules and removing discretion.
  • These services are in line with best international practices.

Govt.’s steps for ease of doing business:

  • Last month, the ministry had said following several measures taken by it as part of the government’s ‘ease-of-doing business’ initiative, the average number of days taken for incorporation of a company had come down significantly — by nearly 5%0— from 9.57 days in December 2014 to 4.51 days in November 2015.
  • Now, the government is planning to further reduce the time taken for all approvals regarding a company’s incorporation to one-two days in normal cases.

[Ref: Hindu]

 

Topics
Current Affairs Analysis
Tags

Facebook

My Favourite Articles

  • Your favorites will be here.

Comments

Calendar Archive

November 2017
M T W T F S S
« Oct    
 12345
6789101112
13141516171819
20212223242526
27282930