Daily Current Affairs for UPSC Civil Services Exam – 27 August 2020

Daily Current Affairs for UPSC Civil Services Exam – 27 August 2020

In Today’s News:

  1. Archaeological Survey of India(ASI) creates 7 new circles.
  2. Amazon and antitrust cases by vendors in the Competition Commission of India.

1. Archaeological Survey of India(ASI) creates 7 new circles.

News Summary

In order to improve the management of the monuments, the Union Ministry of Culture has announced the setting up of seven new administrative circles of the Archaeological Survey of India. Trichy(Tamilnadu), Raiganj(West Bengal), Rajkot(Gujarat), Jabalpur(Madhya Pradesh), Jhansi & Meerut(Uttar Pradesh) have been announced as new circles. Along with them, Hampi Mini Circle(Karnataka) has been converted into a full-fledged circle.

Prelims GS – Governance

Archaeological Survey of India(ASI):
  • The Archaeological Survey of India (ASI) is under the Ministry of Culture,
  • ASI is the premier organization for archaeological researches and protection of the cultural heritage of the nation.
  • Maintenance of ancient monuments and archaeological sites and remains of national importance is the prime concern of the ASI.
  • It regulates all archaeological activities in the country as per the provisions of the Ancient Monuments and Archaeological Sites and Remains Act, 1958.
  • It also regulates Antiquities and Art Treasure Act, 1972.

Click here for more information on ASI.

2. Amazon and antitrust cases by vendors in the Competition Commission of India.

News Summary

Over 2000 Indian vendors have moved to the Competition Commission of  India by filing an antitrust case against Amazon in India alleging Amazon’s favoring some retailers whose online discounts drive independent vendors out of business. The All India Online Vendors Association, whose members sell goods on Amazon and Flipkart, has alleged that Amazon engages in unfair business practices.

Prelims GS – Governance

Competition Commission of India(CCI):
  • Competition Commission of India is a statutory body established under the Competition Act 2002.
  • CCI consists of a Chairperson and 6 Members appointed by the Central Government.
  • It is the duty of the Commission to eliminate practices having an adverse effect on competition, promote and sustain competition, protect the interests of consumers and ensure freedom of trade in the markets of India.
  • The Commission is also required to give an opinion on competition issues on a reference received from a statutory authority established under any law and to undertake competition advocacy, create public awareness and impart training on competition issues.
Competition Act 2002:
  • The Competition Act, 2002, as amended by the Competition (Amendment) Act, 2007, follows the philosophy of modern competition laws.
  • The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises, and regulates combinations (acquisition, acquiring of control, and M&A), which causes or likely to cause an appreciable adverse effect on competition within India.

Click here to visit the official website of CCI.

 

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