KERALA
Kerala needs a new model of public finance
The finance minister in the Pinarayi Vijayan government 2.0 needs to chart a new Kerala model of public finance that will not burden the future generation, eminent economist Prof K P Kannan has said.
The minister can find solace in the fact that the flow of remittances has been continuing, a good part of which end up as savings in banks, Kannan said, adding that he should find ways and means to tap these deposits through innovative ways by offering competitive interest rates and convert them into investments in productive infrastructure.
Kerala has been facing serious challenges on the migration front, including dwindling prospects of migration. In his opinion, skilling and raising the quality of education are important prerequisites to tap the emerging potentials in overseas job markets.
The new decentralization known as Panchayat Raj is now a half-built house. It calls for a complete faith in the principle of decentralized governance as well as development, which I doubt, is still lacking among powerful sections in almost all political parties. But the society, in general, has found it of value, especially in times of social crises.
The centralizing tendencies—for example by way of creating ‘missions’ for tasks that are legitimately meant for the Panchayat Raj—are not a good omen. Deepening decentralization calls for a hand-holding approach by the government towards the local (not yet self) government. This is an agenda in which we need a political consensus across parties; I think we already have a social consensus,’’ Kannan said.
INTERNATIONAL
UK Action Plan for Animal Welfare
The United Kingdom launched an Animal Welfare Action Plan.
The Committee of Animal Emotion Experts will report the government’s decision. The sensation is the ability to perceive feelings and feelings.
The plan will ensure that the country’s animal welfare standards are not compromised.
It would improve the well-being of farm animals. This will be accomplished by prohibiting the sale of live animals.
NATIONAL
Mongolian Kanjur Culture Ministry
The Culture Ministry will finish reprinting about 100 sets of sacred Mongolian Kanjur next year for distribution in Mongolia’s main Buddhist centres, according to the Culture Minister.
About Mongolian Kanjur:
It is a 108-volume Buddhist canonical text that is considered Mongolia’s most significant religious text. It serves as a source of cultural identity for Mongolia.
The Mongolian word ‘Kanjur’ means ‘Concise Orders,’ referring to Lord Buddha’s words in particular.
It is written in classical Mongolian and has been translated from Tibetan.
National Technology Day is Designated on 11th May
In India, National Technology Day is celebrated on 11 May across India. This day marks the efficaciously examined Shakti-I nuclear missile at the Pokhran Test Range of the Indian Army in Rajasthan. Technology day will be focusing on rebooting the financial system via Science and Technology. It also highlights the achievements of our scientists and engineers in the area of science and technology and encourages students to include Science as a career option.
Every year, National Technology Day is celebrated across India on 11 May to memorize the anniversary of Shakti, the Pokhran nuclear check held on 11 May 1998. Shakti also is aware of as the Pokhran Nuclear Test was once the first nuclear check code-named ‘Smiling Buddha’ used to be carried out in May 1974.
Goa Maritime Symposium (GMS) Indian Navy
Under the aegis of the Naval War College in Goa, the Indian Navy hosted ‘GMS-21.’
Due to the current coronavirus pandemic, the event was held online.
The virtual event was attended by naval delegates from 13 Indian Ocean Littoral nations, including India, Bangladesh, Comoros, Indonesia, Madagascar, Malaysia, Maldives, Mauritius, Myanmar, Seychelles, Singapore, Sri Lanka, and Thailand.
The theme of GMS-21 was “Maritime Security and Emerging Non-Traditional Threats: A Case for a Proactive Role for IOR Navies,” with a focus on building capacity among IOR Navies to deal with emerging common maritime threats.
The symposium will play a constructive role and convene stakeholders who have played a role in the evolution of strategies, policies and implementation mechanisms for issues of common concern in the maritime field.
PM-KISAN Eighth Instalment
The eighth instalment of financial benefits under PM-KISAN will be released by the PM.
The Government of India has launched the Pradhan Mantri Kisan Samman Nidhi Yojana as a central sector scheme. This scheme was created to supplement the income of many small and marginal farmers.
The following are the primary goals of the PM-KISAN scheme:
To provide financial assistance to all landowners and their families who are eligible.
The PM-KISAN scheme aims to supplement farmers’ financial needs in procuring various inputs to ensure proper crop health and adequate yields, commensurate with expected farm income.
The scheme is projected to expand PM-coverage KISAN’s to about 14.5 crore people. With an estimated investment of Rs. 87,217.50 crores from the Central Government, it intends to cover an additional 2 crore farmers.
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