Daily Current Affairs for UPSC Civil Services Exam – 20 February 2021

In Today’s News:

  1. IFSCA releases circular on the framework for Aircraft Operating Lease.
  2. Helina and Dhruvastra.
  3. Intensified  Mission Indradhanush 3.0 launched.

1. IFSCA releases circular on the framework for Aircraft Operating Lease

News Summary

The Circular on “Framework for Aircraft Operating Leases” has been uploaded on the IFSCA website. This will enable the aircraft operating lease business in IFSCs in India, the projected market size of which is more than USD 50 Billion.

Prelims GS – Economic Development

  • The International Financial Services Centres Authority (IFSCA) has been established on April 27, 2020, under the International Financial Services Centres Authority Act, 2019.
  • IFSCA is a statutory authority established by the Government of India.
  • It is headquartered at GIFT City, Gandhinagar in Gujarat.
  • The IFSCA is a unified authority for the development and regulation of financial products, financial services, and financial institutions in the International Financial Services Centre (IFSC) in India.
  • At present, the GIFT IFSC is the maiden international financial services center in India.
  • Prior to the establishment of IFSCA, the domestic financial regulators, namely, RBI, SEBI, PFRDA, and IRDAI regulated the business in IFSC.
  • As the dynamic nature of business in the IFSCs requires a high degree of inter-regulatory coordination within the financial sector, the IFSCA has been established as a unified regulator with a holistic vision in order to promote ease of doing business in IFSC and provide a world-class regulatory environment.
  • The main objective of the IFSCA is to develop a strong global connect and focus on the needs of the Indian economy as well as to serve as an international financial platform for the entire region and the global economy as a whole.

Click here to view the IFSCA official website.

2. Helina and Dhruvastra

News Summary

Joint User Trials for Helina (Army Version) and Dhruvastra (Air Force Version) Missile Systems have been carried out from Advanced Light Helicopter (ALH) platform in desert ranges.

Prelims GS – Internal Security/Science & Technology

Helina and Dhruvastra:
  • The Helina and Dhruvastra are the third generations, Lock on Before Launch (LOBL) fire and forget Anti-Tank Guided Missiles that can engage targets both direct hit mode as well as top attack mode.
  • The missile systems have been designed and developed indigenously by Defence Research and Development Organisation (DRDO).
  • The system has all-weather day and night capability and can defeat battle tanks with conventional armor as well as with explosive reactive armor.
  • It is one of the most advanced anti-tank weapons in the world.
  • Now, the missile systems are ready for induction.

Click here to view the official PIB release.

3. Intensified Mission Indradhanush 3.0 launched

News Summary

Dr. Harsh Vardhan, Hon’ble Union Minister of Health and Family Welfare launched Intensified Mission Indradhanush 3.0 on 19.2.2021. The Union Minister also launched the IMI 3.0 portal and released the Operational Guidelines for IMI 3.0 and the awareness material/IEC package developed as part of the campaign.

Prelims GS – Governance(Health)

IMI 3.0:-
  • The Government of India is committed to improve immunization coverage and achieve full immunization coverage of 90 percent.
  • The launch of massive routine immunization campaigns, such as Mission Indradhanush (MI) and Intensified Mission Indradhanush (IMI), in part, reflects the government’s efforts under Universal Immunization Program to reduce child mortality and morbidity.
  • To boost the RI coverage in the country, the Government is now planning to introduce Intensified Mission Indradhanush 3.0 to ensure reaching the unreached with all available vaccines and accelerate the coverage of children and pregnant women in the identified districts and blocks from February 2021-March 2021.
  • An IMI 3.0 Portal has been designed to manage the data reporting and analysis, and to update the activities of the ministries/departments and will capture pre-campaign activities, during activity achievements, and post-campaign indicators with indicators on immunization coverage and of the line ministries.
  • The focus of the IMI 3.0 will be the children and pregnant women who have missed their vaccine doses during the COVID-19 pandemic.
  • They will be identified and vaccinated during the two rounds of IMI 3.0. Each round will be for 15 days each.
  • Beneficiaries from migration areas and hard-to-reach areas will be targeted as they may have missed their vaccine doses during COVID19.

Click here to view the PIB press release and click here to view the official portal.



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