PIB SUMMARY 28th MAY

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By admin May 28, 2019 11:55

PIB SUMMARY 28th MAY

Vice President calls for renewed efforts for India to gain permanent membership of the UN Security Council;

Context:

  • The Vice President of India, Shri M. Venkaiah Naidu has called for renewed efforts by India to gain permanent membership of the UN Security Council.

Details:

  • Well, the Vice President stressed the need to build a consensus for the expansion and the democratization of a number of multilateral fora to ensure representation to a number of other emerging nations.
  • He cautioned that the return of the unwelcome tendency of protectionism would adversely impact the global effort for collective advancement.
  • He expressed his concern over the threat posed by terrorism. He called for a united response from world nations to curb the menace of terrorism.
  • Referring to the unethical acts of financial fugitives, he expressed his concern over the ease with which they find safe havens in other countries.
  • He suggested the constant updating and overhauling of Extradition Treaties and all bilateral and multilateral agreements to defend and safeguard the integrated global economic order for the collective good.
  • The Vice President said that the world community would need India’s participation to achieve the 2030 Agenda for Sustainable Development, because of the problems faced by the planet today needed a humane and holistic vision.
  • The world needs India because it needs a voice that speaks of peace, non-violence and peaceful co-existence.
  • India took the lead in building sustainable development solutions, he said the International Solar Alliance launched under India’s initiative in Paris was such an example.
  • Describing the Indian Diaspora as an asset, he said they play an important role culturally as well as economically in the countries they live in.

Background Check:

United Nations Security Council (UNSC):

  • The UNSC is one of the six principal organs of the United Nations Organisation (UNO).
  • However, its mandate is to maintain an international peace and also the security.
  • UNSC has 15 members, including five permanents viz. China, France, Russia, United Kingdom and United States.
  • In fact, each of the five permanent members has some veto power.
  • Approx 10 non-permanent members are elected for two-year terms each.
  • In fact, it is the only UN body with the authority to issue the binding resolutions to the member states.
  • Moreover, the general Assembly elects each year the five non-permanent members of the Security Council.

Reform of the UNSC encompasses five key issues: 

  1. Categories of the membership,
  2. The question of the veto which is held by the five permanent members,
  3. The Regional representation,
  4. The size of an enlarged Council and also its working methods,
  5. The Security Council-General Assembly relationship.

India’s demands:

  • The India has been calling for the reform of the UN Security Council along with the Brazil, the Germany and also the Japan for long, an emphasising that it rightly deserves a place at the UN high table as a permanent member.

Why India should be given the permanent seat in the council?

  1. Well, our India was among the founding members of the United Nations.
  2. It is the second largest and a one of the largest constant contributors of troops to United Nations Peacekeeping missions.
  3. In fact, today our India has over 8,500 peacekeepers in the field, more than twice as many as the UN’s five big powers combined.
  4. India, since long time, has been demanding expansion of the UNSC and also its inclusion as the permanent member in it.
  5. In fact, it has been a member of the UNSC for 7 terms and also the member of G-77 and G-4, so the permanent membership is a logical extension.

NSIC signs MOU with Ministry of MSME

Context:

  • The National Small Industries Corporation Limited (NSIC) signed a Memorandum of Understanding (MOU) with Ministry of Micro, Small and Medium Enterprises (MSME) for the year 2019-20.

Details:

  • In fact, the MOU envisages provision of an enhanced services by the  NSIC under its marketing, financial, technology and also other support services schemes for the MSMEs in the country.
  • The Corporation projects to increase Revenue from Operation by 22% from Rs. 2540 crore in the year 2018-19 to 3100 crore in the year 2019-20.
  • NSIC also projects growth of 32% in Profitability during the year 2019-20. 
  • The Corporation also plans to enhance its activities in the areas of imparting entrepreneurship and skill development training by targeting 45% growth in the number of trainees.
  • Under the scheme of National SC-ST Hub being implemented by NSIC on behalf of the Ministry of MSME, it will be a continued endeavour to provide assistance to SC/ST entrepreneurs through different interventions and various outreach activities with the overall objectives to increase their participation in public procurement.

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By admin May 28, 2019 11:55