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6th Oct Current Affairs News Analysis | Prelims & Mains 2020

GST Council split on borrowing options
HEADLINES:
GST Council split on borrowing options
WHY IN NEWS:
It extends cess term beyond 2022; to meet on Oct. 12
SYLLABUS COVERED: GS 3: GST
ISSUE:
- The Council did agree to extend the levy of compensation cess under the GST regime beyond the five-year period up to June 2022 as originally envisaged.
- The cess collections will be used to repay borrowings to be made this year for meeting the compensation shortfall, and will remain “for such period as may be required to meet the revenue gap”.
IASbhai WINDUP:
IMMEDIATE FUNDS
- While the Council will meet again on October 12 to resolve the impasse.
- This includes ₹20,000 crore of GST compensation cess collected so far in 2020-21.
SOURCES:THE HINDU & PIB | 6th Oct Current Affairs News Analysis
THSTI
HEADLINES:
Indian lab in vaccine test network
SYLLABUS COVERED: GS 3: Science and Technology
ISSUE:
THSTI
- The Translational Health Science And Technology Institute (THSTI), an autonomous institute of the Department of Biotechnology (DBT).
- It has been chosen by an international non-profit, Coalition for Epidemic Preparedness Innovations (CEPI) , as one of the global network of laboratories for centralised assessment of COVID-19 vaccines.
- The CEPI network will initially involve six labs, one each in Canada, Britain, Italy, the Netherlands, Bangladesh and India.
IASbhai WINDUP:
TRANSLATIONAL LAB
- The Ind-CEPI mission for the establishment of BSL-3 (Bio-safety level 3) facility is a translational laboratory for platform technologies.
- It is a bioassay laboratory for development of assays to measure clinical immunogenicity.
- The DBT has been supporting efforts for COVID-19 vaccine development and testing.
- More than 30 vaccines are at different stages of development with three in human trials and nearly four in advanced stages of preclinical testing.
SOURCES:THE HINDU & PIB | 6th Oct Current Affairs News Analysis
MiHOPE
HEADLINES:
A portal for mental healthcare from Oct 10 : called MiHOPE, the portal will be functional from October 10.
WHY IN NEWS:
People can access it for online consultations including with AIIMS doctors.
SYLLABUS COVERED: GS 3:Health
ISSUE:
MiHOPE
- People can get online consultations including with AIIMS doctors.
- Called MiHOPE, the portal will be functional from October 10.
- People can access it for online consultations including with AIIMS doctors.
- The summit focuses on structural barriers to accessing treatment for mental health problems like lack of mental health professionals and inadequate recognition of mental healthcare.
IASbhai WINDUP:
- The portal is meant to help people overcome stress-related disorders .
- Also , prevent emotional and mental health problems through diet, yoga, meditation and other lifestyle changes.
SOURCES:THE HINDU & PIB | 6th Oct Current Affairs News Analysis
DISCOVER MORE : Important Daily Current Affairs for UPSC PRELIMS 2020
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