Why in news?The Union Cabinet has approved creation of one post each of Vice-Chairperson and Member in the National Commission for Safai Karmacharis (NCSK).
National Commission for Safai Karmacharis:
The National Commission for Safai Karamcharis(NCSK) is a statutory body that looks into matters concerning the Safai Karamcharis’ welfare and makes recommendations to the government.
For the first time, NCSK was constituted as a statutory body under the NCSK ACT, 1993.
This commission continued till February 2004, when the relevant Act expired.
Thereafter, the tenure of the commission has been extended from time to time.
The National Commission for Safai Karamcharis seeks to study, evaluate and monitor the implementation of various schemes for Safai Karamcharis as an autonomous organisation and also to provide redressal of their grievances.
Under Section 31 of Prohibition of Employment as Manual Scavengers and their Rehabilitation Act 2013, NCSK performs the following functions:-
Monitor implementation of the Act
Enquire into complaints regarding contravention of provisions of Act
Advice Central and State Governments for effective implementation of Act
Working for welfare of both Safai Karamcharis and Manual Sacavengers
FACT # 2
WIPO Copyright Treaty, 1996
WIPO Performers And Phonograms Treaty, 1996
Why in news? The Union Cabinet has approved India’s accession to WIPO Copyright Treaty, 1996 and WIPO Performers and Phonograms Treaty, 1996.
WIPO Copyright Treaty, 1996:
It came in force in March 2002 and has been adopted by 96 contracting parties till date.
It is Special agreement under Berne Convention (for protection of literary and artistic works).
It has provisions to extend protection of copyrights contained therein to the digital environment.
It also recognises rights specific to digital environment of making work available, to address on-demand and other interactive modes of access.
WIPO Performers and Phonograms Treaty, 1996:
It came in force on May 2002 and has been adopted by 96 contracting parties.
It deals with rights of two kinds of beneficiaries, particularly in digital environment.
Performers (singers, musicians, actors etc.)
Producers of Phonograms (Sound recordings)
It empowers right owners in negotiations with new digital platforms and distributors.
It also recognizes moral rights of performers for first time and provides exclusive economic rights to them.
FACT # 3
Scheme Of Recapitalization Of Regional Rural Banks
Why in news? The Government has approved extension of scheme of recapitalization of Regional Rural Banks (RRBs) for next three years (upto 2019-20).
Scheme of recapitalization of Regional Rural Banks:
RRBs were set up with the objective to provide credit and other facilities, especially to the small and marginal farmers, agricultural labourers, artisans and small entrepreneurs in rural areas for development of agriculture, trade, commerce, industry and other productive activities.
RRBs are jointly owned by Government of India, the concerned State Government and Sponsor Banks with the issued capital shared in the proportion of 50%, 15% and 35% respectively.
There are 56 RRBs functioning in the country.
The scheme of Recapitalization of RRBs started in FY 2010-11 and was extended twice in the year 2012-13 and 2015-16.
The last extension was upto 31.03.2017.
The identification of RRBs requiring recapitalization and the amount of capital to be provided, will be decided in consultation with NABARD.
This will enable the RRBs to maintain the minimum prescribed Capital to Risk Weighted Assets Ratio (CRAR) of 9 per cent.
A strong capital structure and minimum required level of CRAR will ensure financial stability of RRBs which will enable them to play a greater role in financial inclusion and meeting the credit requirements of rural areas.