News Feed – 27th July ’16

News Feed                                                                                                                         27/07/2016                 

T.M. Krishna wins Magsaysay Award

 Ramon Magsaysay award for 2016 has conferred upon two Indians, human rights activist Bezwada Wilson and south Indian classical musician TM Krishna.

  • Bezwada Wilson, the national convener of the Safai Karmachari Andolan, has been named as an awardee and Carnatic singer T.M. Krishna also found a place in the list.
  • Krishna will receive the award for “social inclusiveness in culture.” He is a student of late Semmangudi Srinivasa Iyer.
  • Bezwada Wilson has been named as an awardee for “asserting the inalienable right to a life of human dignity.”
  • Among the other awardees for 2016 are Conchita Carpio-Morales from the Philippines, Indonesin Dompet Dhuafa, Vientiane Rescue from Laos and the Japan Overseas Cooperation Volunteers.
  • The Ramon Magsaysay Award is a yearly award, named after former Philippine President Ramon Magsaysay, to honor “greatness of spirit in selfless service to the peoples of Asia”. The prize was set up in April 1957 by the trustees of the Rockefeller Brothers Fund based in New York City with the consensus of the Philippine government.

Myntra buys Jabong

  • Indian e-commerce giant Flipkart-owned Myntra has acquired Jabong from Global Fashion Group for an anonymous amount.
  • The remarkable acquisition will be of assistance to Flipkart to compete with Amazon and Snapdeal.
  • GFG (Global Fashion Group) is backed by Germany’s highest-profile startup investor Rocket Internet SE and Sweden-based investment AB Kinnevik. According to these foreign based investors, the transaction is a decisive step in GFG’s strategy to refocus its business on core markets and further accelerate its path to profitability.
  • Myntra aims to create India’s biggest online fashion retailing business.
  • Flipkart would fuse Jabong’s business with Myntra, creating a firm with a base of 15 million monthly active users and offering luxury brands such as The North Face, Swarovski, Timberland and Lacoste.
  • Binny Bansal, chief executive and co-founder of Flipkart said fashion and lifestyle is one of the biggest drivers of e-commerce growth in India. “This acquisition is a continuation of the group’s journey to transform commerce in India,” he said in a statement. Flipkart had acquired Myntra in 2014 in a deal estimated to be worth $370 million to battle against online retail giant Amazon which entered the Indian market in 2013.
  • According to Sandy Shen, the research director at research firm Gartner, the acquirement of fashion platforms is a move for Flipkart to not only further infiltrate into the red-hot category but also maintain its leadership place in the market and keep Amazon at bay.

 Lok Sabha passes the Child Labour Amendment Bill

  • Lok Sabhahas passed the Child Labour (Prohibition and Regulation) Amendment Bill, 2016, despite opposition by several MPs.
  • The Bill, passed by the Rajya Sabha on July 19, was put to a clause-by-clause vote following a five-hour-long debate in which 37 MPs spoke with several, including BJPMP Varun Gandhi, voicing strong reservation against many of its clauses.
  • The Bill seeks to improve the Child Labour (Prohibition and Regulation) Act, 1986, which prohibits the employment of children below 14 years in 83 hazardous occupations and processes. The amendment extends this ban on employment of children under 14 across all sectors, prohibits the employment of adolescents aged 14-18 years in risky occupations and introduces more severe jail term and fines for offenders: a jail term of six months to two years and a fine of Rs 20,000 to Rs 50,000.
  • The opposition by members was mainly to the fact that children under 14 years will be allowed to work in family businesses, outside of school hours and during holidays, and in entertainment and sports. MPs objected to the definition of family which includes not only parents and siblings but also the siblings of either parent.
  • The Bill brings down the list of hazardous occupations from the earlier 83 to just three: mining, inflammable substances, and hazardous processes under the Factories Act. Read together, with the family enterprises clause, critics say, children can be made to work in carpet, zari and bidi units, mica or diamond cutting, scavenging, brick kilns, slaughterhouses, handling e-waste or as domestic help. Several MPs objected to the clause that also gives the Centre the right to add to the list of non-hazardous work.

 IAS topper doesn’t get her first choice

  • Union Public Service Commission (UPSC) topper of 2015, Tina Dabi, has been assigned to serve in Rajasthan and not her first choice Haryana.
  • Dabi along with her two colleagues – Athar Aamir Ul Shafi Khan and Jasmeet Singh Sandhu – who came second and third respectively in the civil services examination were assigned to the Rajasthan cadre of the Indian Administrative Service (IAS).
  • Dabi hoped to be posted in Haryana where she wanted to focus on women’s empowerment.
  • According to the statistics of 2011 census, Haryana’s sex ratio of 879 females to every 1000 males is below par of the national average of 943.
  • Dabi had passionately spoken of gender equality, but she still can make her mark in Rajasthan, a state that has a better sex ratio (923) than Haryana but is still below the national average.
  • In a similar incident, Athar Aamir Ul Shafi Khan of Jammu and Kashmir too wanted to serve his state but was assigned the Rajasthan cadre. Quite like Shah Faesal, the first Kashmiri to top the exam in 2009.
  • The allocation of the cadre – a state or a group of small states and union territories – is a complex process that depends not just on the candidate’s rank, but also the vacancies, quotas and whether the candidate hails from the same state (and so, is an Insider) or from a different state (and thus, is an Outsider). Each state cadre has to have two outsiders for every insider officer.

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