Global Crude oil price of Indian Basket was US$ 45.18 per bbl on 28.11.2016
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 45.18 per barrel (bbl) on 28.11.2016. This was lower than the price of US$ 46.29 per bbl on previous publishing day of 25.11.2016.
In rupee terms, the price of Indian Basket decreased to Rs. 3105.19 per bbl on 28.11.2016 as compared to Rs. 3169.06 per bbl on 25.11.2016. Rupee closed weaker at Rs. 68.72 per US$ on 28.11.2016 as against Rs. 68.46per US$ on 25.11.2016. The table below gives details in this regard:
||Price on November 28, 2016 (Previous trading day i.e. 25.11.2016)
||Pricing Fortnight for 16.11.2016
(Oct 27, 2016 to Nov 11, 2016)
|Crude Oil (Indian Basket)
|| 45.18 (46.29)
|| 3105.19 (3169.06)
|| 68.72 (68.46)
Amending of PNDT Act
The PC & PNDT Act, 1994 was enacted for prohibition of sex selection before or after conception and for prevention of misuse of pre-conception and pre-natal diagnostic techniques for sex determination and not for causing harassment of radiologists.
Maintenance and preservation of records, prescribed under the PC & PNDT Act and Rules made thereunder is a statutory compliance. Any deficiency or inaccuracy found therein shall amount to contravention of the provisions of the PC & PNDT Act, 1994 and Rules framed thereunder. Non-display of notice board or not keeping handbook on PNDT Act is contravention of the provisions of the PC & PNDT Rules, 1996.
As per the recommendation of the Central Supervisory Board in its meeting held in April, 2016, an Expert Committee was constituted to propose and review the amendments to the PC & PNDT Act, 1994 and rules framed thereunder. The meeting of the Expert Committee was held on 4th July, 2016. As per the provisions of the Act, the recommendations, if any proposed by the Committee are required to be placed before the CSB.
Any registered medical professional or any person who owns a Genetic Clinic, Genetic Counselling Centre, Genetic Laboratory or is employed or rendering his/her services in such centre, on honorary basis or otherwise, and who contravenes any of the provisions of this Act or Rules made thereunder shall be punishable with imprisonment for a term which may extend to three years and with fine which may extend to ten thousand rupees.
Once the charges are framed/ or conviction is secured against any registered medical professional, the name shall be reported by the Appropriate Authority to the State Medical Council concerned for taking necessary action as below:
- On framing charges, suspension of registration till the case is disposed
- On conviction, removal of name from the register of the Medical Council for five years
Gross Non-Performing Assets (GNPA)
The details of Total Advances and Gross Non-Performing Assets (GNPA) including the Number of accounts and Amount Involved of Public Sector Banks (PSBs) as on September 30, 2016 are as under.
(Rs. in Crore)
|Name of the Bank
|No. of Accounts
||No. of NPA Accounts
|Public Sector Banks (PSBs)
The Government has taken sector specific measures (Infrastructure, Power, Road, textiles, Steel etc.) where incidence of NPA is high. The Insolvency and Bankruptcy code (IBC) has been enacted and Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI) and The Recovery of Debts due to Banks and Financial Institutions (RDDBFI) Act have been amended to improve resolution/recovery of bank loans. Six new Debt Recovery Tribunals (DRTs) have been established for improving recovery. RBI has provided a number of tools in this regard- Corporate Debt Restructuring (CDR), Formation of Joint Lenders’ Forum (JLF), Flexible Structuring for long term project loans to Infrastructure and Core industries (5/25 Scheme), Strategic Debt Restructuring Scheme (SDR) and Sustainable Structuring of Stressed Assets (S4A).
Import of Defence Materials
The total Military (Defence Services) expenditure in the financial years 2014-15 and 2015-16 is as follows:-
The expenditure on purchase of imported stores (equipment) during the financial years 2014-15 and 2015-16 is as under:-
Quantum of foreign cash outgo depends on the nature and number of contracts signed with foreign vendors. However, greater stress on Make in India and indigenization efforts is in part responsible for reduction in imports. Government has implemented several policy initiatives such as liberalization of FDI policy and industrial licensing policy, simplification of export procedures, creating level playing field for Indian private and public sector companies, streamlining of offset implementation process, providing preference to Buy Indian, Buy and Make Indian categories of Capital Acquisition over Buy Global category in Defence Procurement Procedure to make the country self reliant in defence production.
Defence Research and Development Organisation (DRDO) has made a research in production of protein food for the jawans posted in remote and isolated parts of the country keeping in view the present situation on our borders. DRDO has also developed various nutritious and protein-rich foods to cater the requirements of Service personnel deployed at high altitude and snow bound areas. The major protein food products developed by DRDO are : Protein-rich bars; Energy-rich bars; Protein-rich instant Halwa-mix, Upma-mix; and Protein-rich Chapattis.
There is no food production unit in DRDO. However, after developing these products, production technologies have been transferred to various industries for bulk production.
Development of nutritional food by DRDO for Armed Forces is an ongoing process based on their requirements and latest technological research in the area. Some of them are Processed Food Technologies/Products and Test Kits (Frozen Meat Test and Alfatoxin Detection Kits), etc
Clean Consumer Fora and Clean Market Scheme to launch from 2017-18.
Under the Swachh Bharat Mission, emphasis is being given for setting up of permanent mechanism through new programmes or schemes for sustainability of Swachhta. In pursuance of this, the Department of Consumer Affairs has decided to launch two schemes, namely, (i) Clean Consumer Fora and (ii) Clean Market from 2017-18.
The salient features of the schemes are as under:
Clean Consumer Fora : A number of consumers visit the Consumer Fora every day in connection with their complaints. There should be adequate facilities for the consumers in each Consumer Forum. Including adequate toilets, especially for the disabled. Under the scheme, financial assistance will be provided for construction/upgradation of toilets, at least three toilets- one for men, one for women and one for disabled, for the use of the consumers visiting the Consumer Fora in connection with their complaints.
Clean Market: Unhygenic conditions at market places pose health hazards to the consumers. Under the scheme, the Voluntary Consumer Organizations (VCO) will be associated and asked to adopt a market place where they can carry out awareness activities on Swachhta and also cleanliness of the market place including provision of sanitation facilities for consumers and street vendors, in association with the market association and local authorities. Financial assistance will be provided to a VCO in each State/UT.
Approval For Second Airports In Metro Cities
The Ministry of Civil Aviation (MoCA) has given ‘in principle’ approval to Government of Maharashtra for construction of a new airport at Navi Mumbai which is intended to serve as the second airport for passengers of Mumbai. Besides, MoCA has also granted ‘in principle’ approval to develop a second airport at MoPA village in Goa and ‘site clearance’ for setting up of Greenfield Airport at Bhiwadi (Rajasthan) in NCR, which can act as second airport to Delhi.