Himalai Celebrating 20th-year celebration, on this eve Himalai extending helping hands to the UPSC-IAS
Most important exam oriented Current Affairs Concepts:

1. Dairy Processing Infrastructure Fund

Dairy Processing Infrastructure Fund of Rs.2,000 crore which would grow to Rs.8,000 crore in three years. It will enable milk cooperatives and other entities which process milk to upgrade their technology in turn directly benefitting farmers.

2. India’s first advanced Homoeopathy Virology lab in Kolkata

New drugs and technologies will be developed in Homoeopathy to combat emerging challenges of viral diseases. The laboratory, established at a cost of Rs. 8 crore is the only one in India for conducting basic and fundamental research in Homoeopathy for viral diseases like influenza, Japanese encephalitis, dengue, chickunguniya and swine flu. New drugs and technologies would also be developed here to combat emerging challenges of viral diseases.

3. Payment of Gratuity (Amendment) Bill, 2018

The Payment of Gratuity (Amendment) Bill, 2018 ensures harmony amongst employees in the private sector and Public Sector Undertakings/Autonomous Organizations under Government who are not covered under CCS (Pension) Rules. These employees will be entitled to receive higher amount of gratuity at par with their counterparts in Government sector.

The Payment of Gratuity Act, 1972 applies to establishments employing 10 or more persons. The main purpose for enacting this Act is to provide social security to workman after retirement, whether retirement is a result of superannuation, or physical disablement or impairment of vital part of the body. Therefore, the Payment of Gratuity Act, 1972 is an important social security legislation to wage earning population in industries, factories and establishments.

The present upper ceiling on gratuity amount under the Act is Rs. 10 Lakh.
The provisions for Central Government employees under Central Civil Services (Pension) Rules, 1972 with regard to gratuity are also similar. Before implementation of 7th Central Pay Commission, the ceiling under CCS (Pension) Rules, 1972 was Rs. 10 Lakh. However, with implementation of 7th Central Pay Commission, in case of Government servants, the ceiling has been raised to Rs. 20 Lakhs.

4. CARB-X

Combating Antibiotic Resistant Bacteria Biopharmaceutical Accelerator because drug-resistant infections complicate the medical response in chemical, biological, radiological or nuclear emergencies, BARDA devised a three-prong approach to advance promising new antibacterial products from the bench to the bedside. The goal is to protect health, save lives, and enhance national security and global health preparedness. On part of the approach is CARB-X, the Combating Antibiotic Resistant Bacteria Biopharmaceutical Accelerator. CARB-X was created to help address the threat of antibiotic resistance that will complicate any public health emergency. CARB-X is one of the world’s largest public-private partnerships focused on preclinical discovery and development of new antibacterial products to help address the threat of antibiotic resistance.

5. Navika Sagar Parikrama

Navika Sagar Parikrama is a project wherein a team of women officers of the Indian Navy would circumnavigate the globe on an Indian-built sail boat INSV Tarini. This is the first ever Indian circumnavigation of the globe by an all-women crew. The project is scheduled to commence in early Sep 17. INSV Tarini is the sister vessel of INSV Mhadei. The project is considered essential towards promoting Ocean Sailing activities in the Navy while depicting Government of India’s thrust for ‘Nari Shakti’.

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