(DAILY NEWS INDIA)
1. GOVERNMENT SETS UP A HIGH-LEVEL TASK FORCE TO COMPUTE TIMELY
DATA ON EMPLOYMENT
i. The government has set up a high-level task force to
compute timely data on employment situation in the country. It will help in
framing policies and it will also help in creating jobs.
ii. According to a task force has been created under the
chairmanship of NITI Aayog’s vice chairman Arvind Panagariya with labour
secretary Sathiyavathy, secretary statistics T.C.A. Ananth, Manish Sabharwal
and Pulak Ghosh of NITI Aayog as members.
iii. The task force will recommend solutions which can be
implemented in a time bound manner official think tank NITI Aayog. PM Modi has
directed that this task be accelerated so that policies on employment can be
formulated with a proper appreciation of impacts, based on credible data.
2. INDIA WINS STAY AT INTERNATIONAL COURT OF JUSTICE IN
KULBHUSHAN JADHAV CASE
i. The International Court of Justice stayed the execution
of Indian national Kulbhushan Jadhav, who has been sentenced to death by a
Pakistani military court on charges of “spying”.
ii. The order by the Hague-based International Court of
Justice came a day after India approached it against the death sentence to
Jadhav by Pakistan’s Field General Court Martial last month.
iii. India has appealed to the International Court of
Justice accused Pakistan of outstandingly bad violations of the Vienna
Convention on Consular Relations.
iv. Pakistan claimed to have arrested him from Balochistan
on 3 March 2016.The International Court of Justice said India urged it to
restrain Pakistan from carrying out the death sentence direct Islamabad to take
steps to cancel the decision of the military court.
3. PM MODI LAUNCHES INTEGRATED CASE MANAGEMENT SYSTEM OF SUPREME
COURT IN PRESENCE OF CJI
i. Prime Minister Narendra Modi launched the Integrated Case
Management Information System of the Supreme Court. Chief Justice of India, J S
Khehar and Union Law and IT Minister, Ravi Shankar Prasad was also present at
the occasion.
ii. This system will serve as a digital repository for
case-related information, enabling litigants to access data and retrieve
information online. All records of cases at district court or high court will
be available in digital form.
iii. It is a step in the direction of paperless Supreme
Court, which contributes to saving environment as well as achieving the vision
of ‘Digital India’.
4. SEBI ALLOWS SUBSCRIPTION TO MF SCHEMES THROUGH E-WALLETS
i. Securities markets regulator SEBI has permitted
subscription to mutual fund schemes through e-wallets.
ii. According to SEBI’s guidelines, investors can invest up
to Rs 50,000 per MF per financial year through e-wallets.
iii. AMCs/ MFs shall ensure that only amounts loaded into
e-wallet through cash or debit card or net banking, can be used for
subscription to MF schemes. AMCs/ MFs shall ensure that e-wallet issuers shall
not offer any incentives such as cashback, voucher.
iv. AMCs/ MFs can offer IAF only in liquid schemes of the
MF. The monetary limit under IAF shall be Rs 50,000 or 90% of latest value of
investment in the scheme, whichever is lower.