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DAILY PIB SUMMARY

Pib
23,Nov,2017

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1. PM expresses delight on the successful maiden test firing of Brahmos ALCM from Su-30MKI

The Prime Minister, Shri Narendra Modi, has expressed his delight on the successful maiden test firing of Brahmos ALCM (Air Launched Cruise Missile) from Su-30MKI fighter aircraft. The Prime Minister also congratulated all those who were associated with this remarkable feat.

2. PM’s interaction through PRAGATI

PRAGATI - the ICT-based, multi-modal platform for Pro-Active Governance and Timely Implementation.

The first twenty-two meetings of PRAGATI have seen a cumulative review of 200 projects with a total investment of Rs. 9.31 lakh crore. Resolution of Public Grievances has also been reviewed in 17 sectors.

Today, in the twenty-third meeting, the Prime Minister reviewed the progress towards handling and resolution of grievances related to consumers. The Prime Minister was briefed on the action taken to ensure speedy and effective disposal of consumer grievances. Expressing concern over the large number of grievances, the Prime Minister emphasized on the need for improvement in the administrative arrangements, so that consumers can be benefited.

The Prime Minister reviewed the progress in implementation of the Pradhan Mantri Khanij Kshetra Kalyan Yojana (PMKKKY). He said that funds accruing to the District Mineral Foundations (DMFs) should be utilized to strategically focus upon and eliminate major development issues or deficits that these districts currently face. He said this should be done in a focused way, so as to achieve the greatest possible, tangible results by 2022, which marks 75 years of independence.

3. Cabinet approves India's Membership for European Bank for Reconstruction & Development

Necessary steps will be initiated by the Department of Economic Affairs, Ministry of Finance to acquire the membership of the EBRD.

The issue relating to acquiring the membership of the "European Bank for Reconstruction & Development (EBRD)" had been under consideration of the Government. With the country's impressive economic growth over the years and enhanced international political profile, it was considered appropriate that India should expand its presence on the global developmental landscape beyond its association with the Multi-lateral Development Banks (MDBs) such as the World Bank, Asian Development Bank and African Development Bank. The decision to join the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB) was taken earlier in this backdrop.

EBRD's core operations pertain to private sector development in their countries of operation. The membership would help India leverage the technical assistance and sectoral knowledge of the bank for the benefit of development of private sector.

4. Cabinet approves signing of India - Russia Agreement on cooperation in combating terrorism and organized crime

India and Russia have a long history of close cooperation in international fora on matters of mutual interest. With the rise in terrorism and organized crime across the world, it is imperative for countries to work together to combat all forms of terrorism. The proposed Agreement, which will replace the Agreement of October, 1993, is a step towards consolidating the benefits accrued in the field of security and seeks to jointly fight the new and evolving risks and threats. The Agreement would reinforce the relationship between India and Russia through exchange and sharing of information, expertise, best practices and would help in curbing terrorism and enhancing, security in the region.

5. Cabinet approves setting up of the 15thFinance Commission

Article 280(1) of the Constitution lays down that a Finance Commission (FC) should be constituted "...within two years from the commencement of this Constitution and thereafter at the expiration of every fifth year or at such earlier time as the President considers necessary...".In keeping with this requirement, the practice has generally been to set up next Finance Commission within five years of the date of setting up of the previous Finance Commission.

The recommendations of the 14thFinance Commission are valid upto the financial year 2019-20. In terms of Constitutional provisions, setting up the 15thFinance Commission, the recommendations of which will cover the five years commencing on April 1, 2020, has now become due.

6. Cabinet approves expansion of umbrella scheme "Mission For Protection And Empowerment For Women" and introducing a new scheme ' Pradhan Mantri Mahila Shakti Kendra'

The new scheme "Pradhan Mantri Mahila Shakti Kendra (PMMSK)" is envisaged to work at various levels. While, National level (domain based knowledge support) and State level (State Resource Centre for Women) structures will provide technical support to the respective government on issues related to women, the District and Block level Centres will provide support to PMMSK and also give a foothold to BBBP in 640 districts to be covered in a phased manner.

Benefits of the Scheme:

The approved sub-schemes are social sector welfare schemes especially for care, protection and development of women. It will also aim at improvement in declining Child Sex Ratio; ensuring survival. & protection of the girl child; ensuring her education, and empowering her to fulfil her potential. It will provide an interface for rural women to approach the government for availing their entitlements and for empowering them through training and capacity building. Student volunteers will encourage the spirit of voluntary community service and gender equality. These students will serve "agents of change" and have a lasting impact on their communities and the nation.

7. Shri Radha Mohan Singh sends a proposal to United Nations for declaring the year 2018 as International Year of Millets

Millet is a common term to categorize small-seeded grasses that are often termed nutri-cereals or dryland-cereals, and includes sorghum, pearl millet, ragi, small millet, foxtail millet, proso millet, barnyard millet, kodo millet and other millets. An important staple cereal crop for millions of small holder dryland farmers across sub-saharan Africa and Asia, millets offer nutrition, resilience, income and livelihood for farmers even in difficult times. They have multiple untapped uses such as food, feed, fodder, biofuels and brewing. Therefore, millets are Smart Food as they are Good for You, Good for the Farmer and Good for the Planet.

Nutritionally superior to wheat & rice owing to their higher levels of protein with more balanced amino acid profile, crude fiber & minerals such as Iron, Zinc, and Phosphorous, millets can provide nutritional security and act as a shield against nutritional deficiency, especially among children and women. The anaemia (iron deficiency), B-complex vitamin deficiency, pellagra (niacin deficiency) can be effectively tackled with intake of less expensive but nutritionally rich food grains like millets. Millets can also help tackle health challenges such as obesity, diabetes and lifestyle problems as they are gluten free, have a low glycemic index and are high in dietary fibre and antioxidants.

Adapted to low or no purchased inputs and to harsh environment of the semi-arid tropics, they are the backbone for dry land agriculture. Photo-insensitive & resilient to climate change, millets are hardy, resilient crops that have a low carbon and water footprint, can withstand high temperatures and grow on poor soils with little or no external inputs. In times of climate change they are often the last crop standing and, thus, are a good risk management strategy for resource-poor marginal farmers.

8. Constitution of Task Force for drafting a New Direct Tax Legislation

During the Rajaswa Gyan Sangam held on 1st and 2nd September, 2017, the Prime Minister Shri Narendra Modi had observed that the Income-tax Act, 1961 (the Act) was drafted more than 50 years ago and it needs to be re-drafted.

Dr. Arvind Subramanian, Chief Economic Adviser (CEA) will be a permanent Special Invitee in the Task Force.

The Terms of Reference of the Task Force is to draft an appropriate Direct Tax Legislation keeping in view:

(i) The direct tax system prevalent in various countries,
(ii) The international best practices.
(iii) The economic needs of the country and
(iv) Any other matter connected thereto.

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