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Dear Aspirants
IASbhai Current Affairs News Analysis | Prelims & Mains 2020 is an initiative to dilute major articles from leading Newspapers in India which are most relevant to UPSC preparation –‘THE HINDU, LIVEMINT , INDIAN EXPRESS’ and help millions of readers who find difficulty in answer writing and making notes everyday. Hence we choose articles on daily basis and analyse them with respect to UPSC PRELIMS 2020.

Twenty years from now you will be more disappointed by the things you didn’t do than by the things you did.– Mark Twain

HIGHLIGHT INFO:

ORANGE COLOUR: Important for Prelims.

RED COLOUR: Important for Mains.

BLACK COLOUR: Must Read !

BLUE COLOUR : Important Links/Survey.

PINK COLOUR: Reports/Themes/Summits.

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

Today's Must Read Articles : Today's Must Read Articles :

INDIA PV EDGE 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 Goods and Services Tax (GST) Council on Monday failed to iron out differences between States ruled by non-NDA parties and the Centre over a plan to get the States to borrow from the market to meet an estimated ₹2.35 lakh crore shortfall in compensation cess collections this year.

  • 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.

The Centre decided to release ₹45,000 crore of GST dues to the States by next week to help them meet immediate spending needs amid the pandemic.

  • 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

MINISTRY? :- Ministry of Science and Technology
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.

All the labs would use the same reagents and follow a common set of protocols to measure the immune response of multiple vaccine candidates under development and trial.

      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 mandate of the bioassay laboratory at the THSTI is to provide validated assays for vaccine development on a par with global standards.

  • 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: 

To address the growing issue of mental illness during Covid, Mental Health Foundation of India has launched an exclusive web portal for mental healthcare. 

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 announcement was made during the ongoing Mental Health Access Summit 2020, which is taking place between October 4 and 11. 

  • 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

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