Daily Current Affairs for UPSC Civil Services Exam – 12 August 2021

Daily Current Affairs for UPSC Civil Services Exam – 12 August 2021

In Today’s News:

  1. Quality of Life for Elderly Index
  2. SEZ
  3. GeM

1. Quality of Life for Elderly Index

News summary

Quality of Life for Elderly Index was released by Dr. Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister (EAC-PM).

Prelims GS – Governance

Quality of Life for Elderly Index:
  • The Index has been created by the Institute for Competitiveness at the request of EAC-PM.
  • It sheds light on an issue often not mentioned- problems faced by the elderly.
  • The report identifies the regional patterns of aging across the Indian States and assesses the overall ageing situation in India.
  • The report presents a deeper insight into how well India is doing to support the well-being of its aging population.
  • The Index framework includes four pillars:
    • Financial Well-being,
    • Social Well-being,
    • Health System and
    • Income Security, and
    • eight sub-pillars:
      • Economic Empowerment,
      • Educational Attainment & Employment,
      • Social Status,
      • Physical Security,
      • Basic Health,
      • Psychological Wellbeing,
      • Social Security and
      • Enabling Environment.
  • Rajasthan and Himachal Pradesh are top-scoring regions in Aged and the Relatively Aged States, respectively.
  • Chandigarh and Mizoram are top-scoring regions in Union Territory and North-East States category.
  • The Aged States refer to States with an elderly population of more than 5 million, whereas the Relatively Aged States refer to States with an Elderly population of less than 5 million.

Click here to view the Courtesy: PIB release.

2. SEZ

News Summary

Commerce Secretary has recently said that the unused built-up area and idle land inside Special Economic Zones(SEZs) will be freed up for other economic activity.

Prelims GS – Economic Development

SEZ act 2005:
  • The Special Economic Zones Act, 2005, was passed by Parliament in May 2005 which received Presidential assent on the 23rd of June, 2005
  • The SEZ Act 2005 envisages a key role for the State Governments in Export Promotion and the creation of related infrastructure.
  • A Single Window SEZ approval mechanism has been provided through a 19 member inter-ministerial SEZ Board of Approval (BoA)
  • SEZs come under the Ministry of Commerce and Industry.
Approval mechanism of SEZ:
  • The developer submits the proposal for the establishment of SEZ to the concerned State Government.
  • The State Government has to forward the proposal with its recommendation within 45 days from the date of receipt of such proposal to the Board of Approval. The applicant also has the option to submit the proposal directly to the Board of Approval.
  • The Board of Approval has been constituted by the Central Government in the exercise of the powers conferred under the SEZ Act. All the decisions are taken in the Board of Approval by consensus.
Administrative setup:
  • The functioning of the SEZs is governed by a three-tier administrative setup.
  • The Board of Approval is the apex body and is headed by the Secretary, Department of Commerce.
  • The Approval Committee at the Zone level deals with the approval of units in the SEZs and other related issues.
  • Each Zone is headed by a Development Commissioner, who is the ex-officio chairperson of the Approval Committee.

Mini Insights

Mains GS3 – Economic Development/Infrastructure

The main objectives of the SEZ Act are:
  • Generation of additional economic activity
  • Promotion of exports of goods and services
  • Promotion of investment from domestic and foreign sources
  • Creation of employment opportunities
  • Development of infrastructure facilities

Click here to view the official website of SEZ.

3. GeM

News Summary

The 5th edition of the National Public Procurement Conclave (NPPC) was organized by Government e-Marketplace (GeM) in association with the Confederation of Indian Industry [CII] on August 9th&10th, 2021 on the theme “Technology-enabled Government Procurement – Towards Efficiency, Transparency, and Inclusiveness”.

Click here to view the official PIB release.

Prelims GS – Governance

GeM:
  • Government e-Marketplace (GeM), facilitates online procurement of common use Goods & Services required by various Government Departments / Organisations / PSUs.
  • GeM aims to enhance transparency, efficiency, and speed in public procurement.
  • It provides the tools of e-bidding, reverse e-auction, and demand aggregation to facilitate the government users, achieve the best value for their money

Click here to view the official website of GeM.

 

 

 

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