North-East Zonal Councils

GS Paper 2 Syllabus: Appointment to various Constitutional posts, powers, functions and responsibilities of various Constitutional Bodies.   Source: PIB  Context: Recently, PM Modi attended the Golden Jubilee celebrations (50 years) of the North-Eastern Council (NEC) in Shillong   Points highlighted by the PM Regular meetings: Prime Minister himself has visited the North-East more than …

Parliamentary Panel on Competition Amendment bill 2022

GS Paper 3 Syllabus: Liberalization/ Parliament-Structure, functioning and conduct of business, Competition Commission of India etc.   Source: Economic times  Context: The Parliamentary Standing Committee on Finance, has suggested that the government extend the provision of settlement under the Competition Amendment Bill 2022 to cartels so as to make the initiative more pragmatic. The amendment …

Parliamentary Panel on CBI

GS Paper 2 Syllabus: Statutory Bodies   Source: Business Line  Context: The department-related Parliamentary Standing Committee on Personnel, Public Grievances, Law and Justice have highlighted that the CBI’s conviction of cases rate has come down while its pendency in courts has escalated  Key points highlighted by the Panel: Decreasing conviction rate: From 743 (2012), the …

National Trust:

GS Paper 2 Topics Covered: Government policies and interventions for development in various sectors and issues arising out of their design and implementation.   Context: The Ministry of Social Justice & Empowerment had recently organised meetings with officials and other stakeholders of Jammu & Kashmir and Ladakh for implementation of National Trust Act, 1999.   …

National Financial Reporting Authority (NFRA):

GS Paper 2 Topics Covered: Statutory, regulatory and various quasi-judicial bodies.   Context: National Financial Reporting Authority (NFRA) Chairperson has pitched for a ‘standalone legislation’ for the regulator in the interests of autonomy. He also demanded that all necessary penal provisions relating to financial reporting should be consolidated and vested with it.   Why this is …

National Commission for Minorities

GS Paper 2 Topics Covered: Statutory, regulatory and various quasi-judicial bodies.   Context: Former IPS officer Iqbal Singh Lalpura, has been chosen as chairman of National Commission for Minorities.   About the NCM: National Commission for Minorities (NCM) was set up under the National Commission for Minorities Act, 1992. It Monitor the working of the safeguards …

National Financial Reporting Authority (NFRA)

GS Paper 2 Topics Covered: Statutory, regulatory and various quasi-judicial bodies.   Context: As it seeks to enhance engagement with stakeholders, the National Financial Reporting Authority (NFRA) will set up a single stakeholders’ advisory group as well as a research cell to support the group.   Need for: A large majority of the respondents have expressed …

Apple faces antitrust case in India over apps issue

GS Paper 3 Topics covered: Effects of liberalization   Context: An anti-trust case filed against Apple Inc for allegedly abusing its market position in the Indian economy. More on this news: Apple is instituting policies that forces developers to use its proprietary in-app purchase system This allegation is similar to what Apple faced in the …

Tribunal law Reforms

GS Paper 2 Topics: Statutory, regulatory and various quasi-judicial bodies.   Context: The Tribunal Reforms Act, 2021 was passed in both houses recently. The law has triggered a fresh stand-off between the legislature and the judiciary over the powers of and limitations on law making.   Controversial provisions: As per the Bill, the minimum age criterion …