About me .Yasmin Gill BE(EEE) from UIET,PU .Qualified for UPSC Mains 2015 in 1st attempt State rank 24 in Punjab Civil Services 2015 .You can follow me on this link- Irvuserlyashia
MISSION 1000
24th DECEMBER, 2016 DAILY SUMMARY & ANALYSIS OF PIB BY YASMIN GILL
POLITY AND GOVERNANCE CONSTITUTION OF INDIA
ls only Parliament in disruption? As per PRS Legislative Research, Tripura state assembly met for an average of just 12.4 days per year from 2011-15 HP for just 31 Best performer Kerala also for mere 46.7 days Performance in Houses have little bearing on electoral prospects of a candidate PUBLICITY OF DISRUPTION MAY BE MORE USEFUL THAN FRUIT OF REASONED GIVE AND TAKE .But unlike Parliament, state assemblies f and moral pressure to act in accordance with their mandate ace little public scrutiny
ECONOMY
National Institute of Securities Market PM inaugurates campus at Patalganga . What should ALSO be the role of STOCK MARKETS? Firstly, the primary aim of our stock market should be to help in raising capital for productive purposes. For e.g. infrastructure, urban infra via municipal bonds etc. Provide benefits to groups such as farmers Commodity markets must become useful to our farmers, not just avenues for speculation SEBl should work for closer linkage between spot markets like e- NAM and derivatives markets to benefit farmers Thirdly, those who profit from financial markets must make a fair contribution to nation-building through taxes.
Consumer Related Efforts Number 14404 to access the national consumer helpline Online Consumer Mediation Centre at National Law School India University, Bengaluru Launch of a Microsite "Digitally Safe Consumer Campaign" with knowledge support from Google Consumer Protection Bill . Has a provision for mediation Stringent provisions against misleading advertisements and unfair trade practices with setting up of the Central Consumer Protection Authority
Lucky Grahak Yojana and Digi- Dhan Vyapar Yojana NITI Aayog, along with the National Payments Corporation of India (NPCI) as its implementation partner The first draw of the Lucky Grahak Yojana to provide a cashback of Rs. 1000 to 15,000 consumers every day for the next 100 days
Digital Hurdles Card transactions have fallen to a nine month low .Shows fall in consumer sentiment + Short term economic slowdown . Number of transactions have increased though showing that debit and credit cards are used for purchases of relatively inexpensive articles SBI -country is in need of additional 20 lakh PoS machines mostly in Tier Il and IIl cities and rural areas PoS machine costs b/w Rs 4000 to 8000 but they need use of smartphones whose penetration is still low Security breaches For e.g. Few weeks ago before demonetisation-SBl had to recall than 3 lakh debit cards owing to security breach