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Daily Current Affairs- 11 Dec 2019


“Attitude is a little thing that makes a big difference”.
-Winston Churchill

CURTAIN RAISER – INTERNATIONAL SEMINAR CUM


EXHIBITION ON NAVAL WEAPON SYSTEMS – NAVARMS-19
Part of GS-3 Defence And Security
Why in news?
The fourth edition of International Seminar cum Exhibition on Naval Weapon Systems
‘NAVARMS-19’ with the theme “Make in India - Fight Category: Opportunities and
Imperatives” is scheduled at Institute for Defence Studies and Analysis, Development
Enclave, New Delhi on 12-13 Dec 19.

Highlights:
 The two day event spread over five plenary sessions will provide opportunity for exchange
of ideas, create awareness and identify emerging prospects for Indian/International
defence industry in domain of Naval Weapon Systems.
 NAVARMS is the only international seminar and exhibition on Naval Weapon Systems
conducted in the country to invite all the stakeholders in life cycle management of Naval
Weapons and provide a common platform to share their views and concerns.
 The past three editions of NAVARMS organised in 2007, 2010 and 2013 have aroused much
enthusiasm and active participation by the Industry, Ministry of Defence, DRDO and the
users.
 India’s quintessential maritime character and vital geo-strategic location are twin factors
that have defined her growth as a nation and evolution as a civilisation. The Indian Navy
today remains the principal manifestation of India’s maritime power and plays a central role
in safeguarding and prompting her security and national interests in the maritime domain.
 The Navy’s roles and responsibilities have also expanded significantly over the years in
response to changing geo-economic and geo-strategic circumstances.
 These initiatives are aimed at providing Indian Industries with opportunities in the domestic
as well as global arena to enter into strategic partnerships with the foreign Original
Equipment Manufacturers (OEMs) and DRDO to harness avenues in technology intensive
‘Fight’ category.
 The first session of ‘NAVARMS-19’ will set the stage for two day seminar with Indian Navy
speakers bringing out ‘Opportunities for Industry in Naval Weapon Systems - 2030’ in all the
three dimensions viz. surface, air & underwater.
 The second session on ‘Needs and Concerns of the User and Industry’ would provide a
platform to the users and the industry to bring out their respective needs and concerns with
prevailing policies/issues as well as envisioned environment and seek views from all the
stakeholders to bridge the gap between expectations of the user and capabilities of the
industry.

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 The third session focuses on ‘Naval Weapon Systems - Modern Trends and Technology in
Upgrade & Upkeep’. The fourth session is an interactive session of Panel Discussion on ‘Govt
Policy Imperatives to Encourage Indigenisation’.
 The last session on ‘Building of Indigenous Capability through Collaborative Approach
between Industry, R&D organisations and IN’will provide a platform for industry, DRDO and
the user to highlight the capability gaps existing in the system and way ahead to bridge them
using modern technology, infrastructure augmentation, increased investment in R&D etc
through collaborative approach.
 To enable companies to gain maximum benefit from this platform, a parallel technology
display in the form of Exhibition for two days is also being organized to demonstrate
Industry’s capabilities to the key users.
Source: PIB

THE CITIZENSHIP (AMENDMENT) BILL, 2019


Part of GS-2 Polity and Governance
Why in news?
The Citizenship (Amendment) Bill 2019, that seeks to give Indian nationality to non-Muslim
refugees from Pakistan, Bangladesh and Afghanistan passed the lower House test on 9th
December, 2019.

Highlights:
 Illegal migrants
The Citizenship Act, 1955 prohibits illegal migrants from acquiring Indian citizenship.
The Bill amends the Act to provide that the following minority groups will not be
treated as illegal migrants:
Hindus, Sikhs, Buddhists, Jains, Parsis and Christians from Afghanistan, Bangladesh
and Pakistan. However, to get this benefit, they must have also been exempted from
the Foreigners Act, 1946 and the Passport (Entry into India) Act, 1920 by the central
government.
 Consequences of acquiring citizenship:
The Bill says that on acquiring citizenship:
(i) such persons shall be deemed to be citizens of India from the date of
their entry into India, and
(ii) all legal proceedings against them in respect of their illegal migration or
citizenship will be closed.
 Exception:
Further, the Bill adds that the provisions on citizenship for illegal migrants will not
apply to the tribal areas of Assam, Meghalaya, Mizoram, or Tripura, as included in
the Sixth Schedule to the Constitution.
These tribal areas include KarbiAnglong (in Assam), Garo Hills (in Meghalaya),
Chakma District (in Mizoram), and Tripura Tribal Areas District.
It will also not apply to the areas under the Inner Line” under the Bengal Eastern
Frontier Regulation, 1873. The Inner Line Permit regulates visit of Indians to
Arunachal Pradesh, Mizoram, and Nagaland.
 Citizenship by naturalization

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The 1955 Act allows a person to apply for citizenship by naturalisation if he meets
certain qualifications. One of these is that the person must have resided in India or
served the central government for a certain period of time:
(i) for the 12 months immediately preceding the application for citizenship,
and
(ii) for 11 of the 14 years preceding the 12-month period. For people
belonging to the same six religions and three countries, the Bill relaxes the
11-year requirement to five years.
 Cancellation of registration of Overseas Citizen of India cardholder
The 1955 Act provides that the central government may cancel registration of OCIs
on certain grounds, Including:
if the OCI had registered through fraud, or
if within five years of registration, the OCI was sentenced to imprisonment for two
years or more.
The Bill adds one more ground for cancelling registration, that is, if the OCI has
violated any law in the country.
Source: PRS

MHA LISTS MEASURES TAKEN BY GOVERNMENT TO


PREVENT CRIME AGAINST WOMEN
Part of GS-1 Social Issues
Why in news?
Union Minister of State for Home Affairs G Kishan Reddy said that women safety is a high
priority for the government and several initiatives have been taken for the safety of
women across the country.
In a written reply to a question regarding crime against women, the Minister listed various
initiatives taken by the government for women's safety across the country.

Highlights:
 "The Criminal Law (Amendment), Act 2013 was enacted for effective deterrence against
sexual offenses. Further, the Criminal Law (Amendment) Act, 2018 was enacted to
prescribe even more stringent penal provisions including the death penalty for rape of a girl
below the age of 12 years. The Act also inter-alia mandates completion of investigation and
trials within 2 months each," the minister said in his reply in Lok Sabha.
 Speaking about another initiative,: "Emergency Response Support System' provides a pan-
India, single, internationally recognized number (112) based system for all emergencies,
with the computer-aided dispatch of field resources to the location of distress."
 He also added that 'Safe City Projects' have been sanctioned in the first Phase in 8 cities
such as Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Lucknow, and
Mumbai.
 "The Ministry of Home Affairs has launched a cyber-crime portal on 20th September 2018
for citizens to report obscene content. It has launched the 'National Database on Sexual
Offenders' (NDSO) on 20th September 2018 to facilitate investigation and tracking of sexual
offenders across the country by law enforcement agencies," it further read.

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 He also stated that an online analytic tool for police called 'Investigation Tracking System
for Sexual Offences' to monitor and track time-bound investigation in sexual assault cases in
accordance with the Criminal Law (Amendment) Act 2018 was launched on February 19 this
year to facilitate states/Union Territories.
 One Stop Centre (OSC) scheme is being implemented across the country since April 1, 2015,
which is exclusively designed to provide integrated services such as medical aid, police
assistance, legal counselling/court case management, psycho-social counselling and
temporary shelter to women affected by violence under one roof.
Source: Business Standard

SC RAPS GOVT OVER DELAY IN JUDGES APPOINTMENT


Part of GS-2 Polity and governance
Why in news?
The Supreme Court took serious note of the government sitting over names reiterated by
the CJI-led collegium for appointment as high court judges and also asked the Centre to
look into delays in considering the appointment of 100-odd names recommended by the
collegium.

Highlights:

 The Supreme Court said in a judicial order that 213 names recommended for appointment
to various High Courts are pending with the government/Supreme Court Collegium.
 It said that at least the names on which the Supreme Court Collegium, the High Courts and
the governments had agreed upon should be appointed within six months.

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 The number of judges appointed to the High Courts has steadily dipped since 2017. Only 65
judges have been appointed to High Courts in 2019.
 The High Courts are functioning at nearly 50% of their sanctioned judicial strength. Of a total
1,079 judges sanctioned in the High Courts, there are 410 vacancies.
IN DETAIL-
High Court:
 The Constitution of India provides for a high court for each state, but the Seventh
Amendment Act of 1956 authorised the Parliament to establish a common high court for
two or more states or for two or more states and a union territory.
 At present, there are 24 high courts in the country. Out of them, four are common high
courts. Delhi is the only union territory that has a high court of its own (since 1966).
ORGANISATION OF HIGH COURT
 Every high court (whether exclusive or common) consists of a chief justice and such other
judges as the president may from time to time deem necessary to appoint.
Appointment of Judges
 The judges of a high court are appointed by thePresident.
 The chief justice is appointed by the President after consultationwith the chief justice of
India and the governor of the state concerned.
 Forappointment of other judges, the chief justice of the concerned high court isalso
consulted.
 In case of a common high court for two or more states, thegovernors of all the states
concerned are consulted by the president.
 In the Second Judges case (1993), the Supreme Court ruled that noappointment of a judge
of the high court can be made, unless it is inconformity with the opinion of the chief justice
of India.
 In the Third Judgescase (1998), the Supreme Court opined that in case of the appointment
ofhigh court judges, the chief justice of India should consult a collegium of twosenior-most
judges of the Supreme Court. Thus, the sole opinion of the chiefjustice of India alone does
not constitute the ‘consultation’ process.
 The 99th Constitutional Amendment Act of 2014 and the National JudicialAppointments
Commission Act of 2014 have replaced the Collegium System of appointing judges to the
Supreme Court and High Courts with a new body called the National Judicial Appointments
Commission (NJAC).
 However, in 2015, the Supreme Court has declared both the 99th Constitutional
Amendment as well as the NJAC Act as unconstitutional and void. Consequently, the earlier
collegium system became operative again.
 This verdict was delivered by the Supreme Court in the Fourth Judges case a (2015).
 The Court opined that the new system (i.e., NJAC) would affect the independence of the
judiciary.
Qualifications of Judges A person to be appointed as a judge of a high court, should have
the following qualifications:
1. He should be a citizen of India.
2. He should have held a judicial office in the territory of India for ten years; or
3. He should have been an advocate of a high court (or high courts in succession) for ten years.

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From the above, it is clear that the Constitution has not prescribed a minimum age for
appointment as a judge of a high court. Moreover, unlike in the case of the Supreme Court,
the Constitution makes no provision for appointment of a distinguished jurist as a judge of a
high court.
Oath or Affirmation:
A person appointed as a judge of a high court, before entering upon his office, has to make
and subscribe an oath or affirmation before the governor of the state or some person
appointed by him for this purpose. In his oath, a judge of a high court swears:
1. to bear true faith and allegiance to the Constitution of India;
2. to uphold the sovereignty and integrity of India;
3. to duly and faithfully and to the best of his ability, knowledge and judgement perform the
duties of the office without fear or favour, affection or ill-will; and
4. to uphold the Constitution and the laws.
Tenure of Judges:
The Constitution has not fixed the tenure of a judge of a high court. However, it makes the
following four provisions in this regard:
1. He holds office until he attains the age of 62 years. Any questions regarding his age is to be
decided by the president after consultation with the chief justice of India and the decision of
the president is final.
2. He can resign his office by writing to the president.
3. He can be removed from his office by the President on there commendation of the
Parliament.
4. He vacates his office when he is appointed as a judge of the Supreme Court or when he is
transferred to another high court.
Source: The Hindu

NSE LAUNCHES INTEREST RATE OPTION ON GOVT BONDS


Part of GS-3 Economy
Why in news?
The National Stock Exchange (NSE) has launched interest rate options on 10-year
Government of India (GOI) bonds. Rival bourse BSE launched trading in interest rate
options based on government securities in August this year.

Highlights:
 “The first day of launch witnessed turnover of 5,926 contracts. Participation was observed
from more than 50 trading members,” the NSE said.
 By launching interest rate options, we have added one more instrument to the fixed income
derivatives asset class.
 Benefits: The move is aimed at providing an efficient tool for managing interest rate risk
and exposure through hedging. Interest rate options will provide institutional investors the
ability to manage risk through a non-linear product which is otherwise not available to them.
Market participants can use options to trade and hedge interest rate risk on a transparent
platform.”

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 With different categories of investors being allowed to participate from day one such as
banks, primary dealers, foreign portfolio investors, corporates etc, we hope to bring the
same depth, breadth and efficiency that other asset classes have to this product.
 Interest rate options are based on the underlying GOI 10-year bonds - the 7.26 per cent
2029 bond and the 6.45 per cent 2029 bond. The unit of trading is Rs 2 lakh face value of
GOI securities, corresponding to 2000 units.
Source: Indian Express

BRINGING ILP FOR MANIPUR, 3 NE STATES WILL BE OUT OF


CAB
Part of GS-2 Polity and Governance
Why in news?
Union Home Minister Amit Shah told the Lok Sabha that Manipur would be brought under
the Inner Line Permit (ILP) system, thereby exempting it from the provisions of the
Citizenship (Amendment) Bill, 2019.

Highlights:
 As per the Bill, the amendments to the Citizenship Act, 1955, will not apply to the tribal
areas of Assam, Meghalaya, Mizoram and Tripura as included in the Sixth Schedule of the
Constitution and the States of Arunachal Pradesh, Mizoram and Nagaland that are
protected by the ILP system.
 The addition of Manipur to the list of ILP-protected States means that the Bill will only be
applicable in some parts of Tripura and Assam.
 Citizens of other States require the ILP to visit the protected areas as per the Bengal Eastern
Frontier Regulation, 1873.
 ‘Outsiders’ can visit ‘ILP’ areas for limited period with special permission but are barred
from buying immovable property.
 This means that the illegal migrants from the six minority communities who will become
Indian citizens as per the proposed amendment will not be able to take up jobs, open
businesses or settle down in these areas and will require a permit to enter the States.
Source : Times of India

GANDHI ENCYCLOPEDIA
Part of GS-1 History, A&C
Why in news?
The Government is developing ‘Gandhi Encyclopedia’ to spread awareness in the society.

Highlights:
 Ministry of Culture has approved a project for development of Gandhi Paedia by National
Council of Science Museums, Kolkata.
 It is for promotion of appropriate Gandhian philosophy and thoughts through social media
platforms under 150th birth anniversary of Mahatma Gandhi commemoration with
financial assistance of Rs. 5.25 cr and released an amount of Rs. 2.95 cr against first
instalment.

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Source: PIB

COMPULSORY CONVERTIBLE DEBENTURES BY CDPQ


Part of GS-3 Economy
Why in news?
The Competition Commission of India (CCI) in a tweet said it "approves subscription of
CCDs of Piramal Enterprises by CDPQ. Upon conversion, equity shareholding of CDPQ in
Piramal Enterprises will increase from 3.68 per cent to 8.99 per cent."

Highlights:
 Debenture is a medium- to long-term debt security issued by companies to borrow money
from investors at a fixed interest rate, though physical assets or collateral do not secure
them.
 A debenture comes in two forms - non-convertible and convertible. Convertible debentures
can be converted into the company’s equity after a predetermined period of time.
 Compulsory Convertible Debenture (CCD) is a type of debenture in which the whole value
of the debenture must be converted into equity by a specified time.
 A CCD can be classified as a hybrid security, meaning it is neither considered pure debt nor
pure equity.
 Under FDI guidelines, CCDs are treated as equity for the purposes of reporting to Reserve
Bank of India.
 Section 71 of the Companies Act, 2013 states that a company could issue debentures with
an option to convert into shares either wholly or partly at the time of redemption.
Source: Business Standard

LANDMARK ‘THE RECYCLING OF SHIPS BILL, 2019’ PASSED IN


PARLIAMENT TODAY
Part of GS- 3 Economy
Why in news?
Bill will ensure global standards for environmentally-friendly recycling of Ships and ensure
adequate safety of the yard workers, will also boost employment and business
opportunities: Shri Mansukh Mandaviya

Highlights:
 Parliament had passed a landmark “The Recycling of Ships Bill 2019’’ for Safe and
Environmentally Sound Recycling of Ships in India.
 Passing of this Bill is a giant step and historical moment in the Indian Maritime arena and
will have far reaching effects in Indian Ship Recycling industry.
 The existing Ship breaking Code (revised), 2013 and the provisions of the Hong Kong
Convention, 2009 are dovetailed in this Bill.
 Hoping for increased business, a large number of Recycling plots, especially at Alang in
Gujarat, are also gearing up and obtaining Statement of Compliance (SOC) with the Hong
Kong Convention.
The Key Benefits of the bill are as follows:

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1. The bill will harbinger significant increased number of global ships entering into Indian
Shipyards for Recycling.
2. Recycling of Ships will boost business & employment opportunities and strengthen India’s
position in the recycling industry.
3. It will raise the brand value of our Ships Recycling Yards located at Alang in Gujarat,
Mumbai Port, Kolkata Port & Azhikkal in Kerela.
4. 10% of country’s Secondary steel needs, as an outcome of Recycling of Ships, will be met in
an eco-friendly manner.
5. Ships Recycling facilities will become compliant to International standards and Ships will be
recycled only in such authorised facilities.
6. The tremendous growth of business activities will contribute to the country’s GDP.
Source: PIB

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