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Monthly DNA
31 Oct, 2019
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Paper | Topics | Subject |
---|---|---|
GS-II | Bifurcation of Jammu and Kashmir into 2 UT's | |
Air Independent Propulsion System (AIP) | ||
GS-III | NIRVIK Scheme | Economic Issues |
Context:
The state of Jammu and Kashmir has been officially bifurcated into the Union Territories of J&K and Ladakh with effect from October 31, 2019.
Details:
What is Article 370 and Article 35A ?
Article 370 grants an autonomous status to J&K, while Article 35A, incorporated into the Constitution in 1954, provides special rights and privileges to the citizens of the state.
Historical Background:
In October 1947, the then-Maharaja Hari Singh of Kashmir signed the ‘Instrument of Accession’, which specified three subjects on which Jammu and Kashmir would transfer its powers to the government of India:
1. Foreign affairs,
2. Defence and
3. Communications.
In March 1948, the Maharaja appointed an interim government in the state, with Sheikh Abdullah as the prime minister.
In July 1949, Sheikh Abdullah and three other colleagues joined the Indian Constituent Assembly and negotiated the special status of J&K, leading to the adoption of Article 370. The controversial provision was drafted by Sheikh Abdullah.
What is Article 370?
Article 35A:
Possibility of issues after repealment of Article 35A:
Source: The Hindu
Context:
The Defence Research and Development Organisation (DRDO) programme to build a fuel cell-based Air Independent Propulsion (AIP) system for Indian Naval Submarines.
What is AIP?
Importance of AIP:
Source: PIB
Context:
The Ministry of Commerce and Industry through ECGC, has introduced a new Export Credit Insurance Scheme (ECIS) called NIRVIK to enhance loan availability and ease the lending process.
About the Scheme:
Details of the Scheme
ECGC :
The Export Credit Guarantee Corporation of India (ECGC) is a fully government-owned company that was established in 1957 to promote exports by providing credit insurance services.
The ECGC provides Export Credit Insurance to Banks (ECIB) to protect the banks from losses on account of export credit at the Pre and Post-Shipment stage given to exporters due to the risks of insolvency or protracted default of the exporter borrower.
Source: PIB
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