Current Affairs 30th July 2019

Current Affairs 30th July 2019

Table of Contents:-

  • Microdots - Union Ministry drafts rules to make microdots must in Vehicles
  • Tiger Population raises by 30% in  India
  • 7th economic census begins from Tripura
  • Rajya Sabha passes IBC Amendment Bill 2019
  • LCU L56 commissioned into Indian Navy
  • India-Russia signed 1500 crore deal for R27(Air to Air) missiles

NATIONAL:-

Microdots - Union Ministry drafts rules to make microdots must in Vehicles:-

Union Ministry has drafted rules to make microdots mandatory in vehicles. Therefore, automobile manufacturers will soon have to etch Microdots on any vehicle or component for tracing them. this move is aimed to make India free from vehicle thefts and spurious spare parts.

The Ministry of Road Transport & Highways issued Draft rules making Microdots mandatory in vehicles, amending Central Motor vehicles rules, 1989

According to Draft Rules, Microdots are to comply with AIS 155 requirements, if affixed.

Microdots are Nano-size (0.5 mm) metal particles that will carry information including the personal identification number (PIN) or the vehicle identification number (VIN) so that these can be traced.

Microdots are neither visible to the naked eye nor can they be removed without damaging the asset


Tiger Population raises by 33% in  India:-

India’s wild tiger population has increased by more than 33% in four years, raising hopes for the survival of the endangered species.

On International Tiger Day PM Modi has released the All India Tiger Estimation Report 2018. The population of tigers in India has increased from 2,226 in 2014 to 2,967 in 2018, a rise of 33 percent, according to the latest tiger census report.

Nine long years ago, it was decided in St. Petersburg that the target of doubling the tiger population would be 2022.

The population of big cats in the country has risen steadily since falling to its lowest-recorded figure of 1,411 in 2006. 15 years ago, there was serious concern about the decline in the population of tigers. Now India has become the world's safest habitat for big cats.

ECONOMY:-

7th economic census begins from Tripura:-

The government will kick off the 7th Economic Census from Tripura. It will be launched in other states and union territories in August and September.

The census, conducted by the Ministry of Statistics and Programme Implementation (MoSPI) will be held this year after a gap of five years. As per the last Economic Census conducted in 2013, there were 58.5 million establishments employing around 131 million workers.

The data will be collected through the door to door survey of each household and commercial establishment under the provisions of the Collection of Statistics Act 2008. The fieldwork is expected to be completed by December and the results at the national level are expected to be available by March 2020.

The economic census is the only source of information on the significantly large unorganized sector in the country.

Rajya Sabha passes IBC Amendment Bill 2019:-

The Rajya Sabha has approved amending the three-year-old Insolvency and Bankruptcy Code (IBC), providing clarity about preference to secured lenders over operational creditors and giving lenders explicit authority over distribution of proceeds of an auction of loan defaulting companies.

Amendments:-
  • The amendments give committee of creditors of a loan defaulting company explicit authority over the distribution of proceeds in the resolution process. 
  • It fixes a firm timeline of 330 days for resolving cases referred to the IBC.
  • The amendment now equates distribution of amounts under a resolution plan with the manner it's allowed in case of liquidation, maintaining the hierarchy of lenders. The change will be retrospective, making it applicable for ongoing cases. 
  • The government will not make any further claim after a resolution plan is approved.
  • Also, there will be no criminal cases against successful bidder for fraud by previous promoters.

DEFENSE:-

LCU L56 commissioned into Indian Navy:-

The sixth of eight indigenously built Landing Craft Utility (LCU) MK IV class ships 'LCU L 56' was commissioned into the Indian Navy at Vishakapatnam.

About LCU L56:-

The LCU L56 is an amphibious ship with its primary role being transportation, deployment, and recovery of main battle tanks, armored vehicles, troops and equipment from ship to shore and vice-versa.

Indigenously designed and built by Garden Reach Shipbuilders and Engineers Ltd (GRSE), Kolkata, the ship's commissioning portrays the growing capability of the Indian Navy.

This ship is going to be placed at Port Blair that is our Andaman and Nicobar Command. This ship is going to play a very important role to protect the maritime interest of the country."

India-Russia signed 1500 crore deal for R27(Air to Air) missiles:-

India has signed a deal worth around Rs 1,500 crore to acquire R-27 air-to-air missiles from Russia to be equipped on the Su-30MKI combat aircraft.

The R-27 missile is a medium-to-long-range air-to-air missile developed by Russia for its MiG and Sukhoi series of fighter jets.

The missiles have been acquired under 10-I projects which mandate the three services to maintain critical weapon systems and spares for a specified minimum period, which is known as War Wastage Reserve (WWR). The Russian missiles with an extended range would give an added capability to the Sukhois to take on enemy aircraft at long ranges.




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