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IASbhai Current Affairs News Analysis | Prelims & Mains 2020-21 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 2021.

“I have not failed. I’ve just found 10,000 ways that won’t work.” —Thomas A. Edison

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.

Current Affairs News Analysis for UPSC | 12th Jan 2021

Single Window Clearance Portal

      HEADLINES:

Union Home Minister Shri Amit Shah launches Single Window Clearance Portal of Ministry of Coal

      WHY IN NEWS:

Launch of next tranche of commercial coal mines auction in January 2021.

MINISTRY? :- Ministry of Coal
SYLLABUS COVERED: GS 2 : Governance

      ISSUE: 

Ministry of Coal executes agreements with successful bidders of India’s first ever commercial coal mine auctions

SINGLE WINDOW CLEARANCE PORTAL – COAL

  • Ministry of Coal today launched Single Window Clearance Portal, a unified platform that facilitates grant of clearances and approvals required for starting a coal mine in India.

Union Home Minister launched the portal  to execute agreements with successful bidders of India’s first ever commercial coal mine auctions

  • 19 successful bidders have been allotted mines under the country’s first commercial coal mining auction.
  • This will give the states an estimated revenue of about Rs 6,500 crore per year and will also create more than 70,000 jobs.
  • The success of India’s first ever commercial mining auctions will pave the way for the Aatmanirbhar Bharat as it will help reduce India’s coal import by about 20%.
  • These mines are spread over 05 states Madhya Pradesh, Chhattisgarh, Odisha, Jharkhand and Maharashtra and have consolidated Peak Rated Capacity (PRC) of 51 Million Tonnes Per Annum (MTPA).

      IASbhai WINDUP: 

  • These reforms will generate huge employment opportunities and increase the production of minerals leading to self-reliance.
  • Single Window Clearance Portal is in the spirit of Minimum Government and Maximum Governance.
  • It would be a milestone for Ease of Doing Business in the Indian Coal Sector.
     SOURCES:   PIB  | Current Affairs News Analysis for UPSC | 12th Jan 2021

North East Venture Fund (NEVF)

      HEADLINES:

The North East Venture Fund (NEVF)is gaining popularity among Start-Ups and young entrepreneurs: Dr Jitendra Singh

      WHY IN NEWS:

Hot from PIB !

MINISTRY? :-Ministry of Development of North-East Region
SYLLABUS COVERED: GS 3: Skill : Human Resource Development

      ISSUE: 

NORTH EAST VENTURE FUND (NEVF)

AIM

  • The North East Venture Fund (NEVF), which is the first and the only dedicated Venture Fund for the North Eastern Region.
  • It was introduced by the GOI, is gaining popularity among Start-Ups and young entrepreneurs.

The Venture Fund Scheme launched by the Ministry of Development of North Eastern Region (DoNER) intended to promote growth of business ventures and skill development in the region

FOCUS

The main focus of North East Venture Fund (NEVF), he said, is for mostly the enterprises involved in Food Processing, Healthcare, Tourism, segregation of services, IT, etc
 

FUNDING

  • Ministry of DoNER had joined with North Eastern Development Finance Corporation Ltd (NEDFi) to set up the North East Venture Fund, the first and the only Venture Fund for Northeast with an initial corpus of Rs. 100 crores.

The fund targets to invest in Start-Ups and unique business opportunities to provide resources for new entrepreneurships

  • The investment size with the Venture Fund Scheme ranges between Rs.25 lakhs and Rs. 10 crores with a long term horizon of five to ten years.

SIGNIFICANCE

The Venture Fund Scheme which was launched with the initial motivation to provide livelihood to youth of the North Eastern region

WHAT IS PARLER?

  • It has now also started attracting different groups of youths from diverse backgrounds who wish to try their fortunes through the unexplored potentials of the North Eastern region.

      IASbhai WINDUP: 

  • Ministry of North Eastern Region has started the series “Destination North East ”, wherein the different facets of Northeast including the entrepreneurship avenues are replicated at different locations across the country.
  • During these events also, an exclusive arrangement is made for offering counselling and assistance to potential entrepreneurs and business Start-Ups.
     SOURCES:   PIB    | Current Affairs News Analysis for UPSC | 12th Jan 2021

Parler social network

      HEADLINES:

What is Parler social network that Apple, Amazon and Google have suspended?

      WHY IN NEWS:

The move has come following the events of January 6 when an armed mob of Trump supporters stormed Capitol Hill and clashed with the police as Congress convened to validate Joe Biden’s presidential win.

SYLLABUS COVERED: GS 2: Miscellaneous

      ISSUE: 

Parler is a social media platform that is considered to be an alternative to Twitter and is popular with conservatives.

WHAT IS PARLER?

  • It is a social media platform that is considered to be an alternative to Twitter and is popular with conservatives.
  • The platform describes itself as being the world’s “premier free speech platform”.
  • “Speak freely and express yourself openly, without fear of being “deplatformed” for your views,” the website of the platform says.

Apple, Amazon and Google have suspended the social network called Parler, saying that the platform has not taken enough measures to make sure that content inciting violence remains in check.

      IASbhai WINDUP: 

  • Twitter said that two tweets made by Trump on January 8 violated their “Glorification of Violence” policy, as a result of which his account was permanently suspended from the platform.
  • These moves taken by the tech giants in the last one week have reignited the debate on the power that tech companies have in censoring content.
     SOURCES:    IE  | Current Affairs News Analysis for UPSC | 12th Jan 2021

Khadi Prakritik Paint

      HEADLINES:

Khadi Prakritik Paint

      WHY IN NEWS:

Union Minister for MSME will be launching an innovative new paint developed by Khadi and Village Industries Commission on 12th January.

SYLLABUS COVERED: GS 3 : MSME

      ISSUE: 

KHADI PRAKRITIK PAINT

  • The eco-friendly, non-toxic paint, called “Khadi Prakritik Paint” is a first-of-its-kind product, with anti-fungal, anti-bacterial properties.
Current Affairs News Analysis for UPSC | 12th Jan 2021
Current Affairs News Analysis for UPSC | 12th Jan 2021

The paint has been certified by Bureau of Indian Standards 

  • Khadi Prakritik Emulsion paint meets BIS 15489:2013 standards; whereas Khadi Prakritik Distemper paint meets BIS 428:2013 standards.
  • Khadi Prakritik Paint is available in two forms – distemper paint and plastic emulsion paint.

      IASbhai WINDUP: 

  • The project was conceptualized by Chairman KVIC in March 2020, and later developed by Kumarappa National Handmade Paper Institute, Jaipur (a KVIC unit).
     SOURCES:  THE HINDU  | Current Affairs News Analysis for UPSC | 12th Jan 2021

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