VIASACADEMY | IAS Online Coaching | upsc live classes

World Press Freedom Day 2021

World Press Freedom Day 2021

According The to the recent news, the World Press Freedom Day (WPFD) is a yearly festival of press Freedom, seen on 3rd  May each year. 

The primary festival is coordinated by the UN Educational, Scientific and Cultural Organization (UNESCO).
 
The theme of  WPFD 2021 is "Data as a Public Good". 

Main key points 

The background: 

The day was broadcasted by the UN General Assembly in 1993, following the suggestion of UNESCO's General Conference in 1991. 

The day likewise denotes the 1991 Windhoek Declaration (embraced by UNESCO). 

It pointed towards the 'improvement of a free, autonomous and pluralistic press'. 

Three Key Highlights of WPFD 2021: 

Steps to guarantee the financial suitability of information media. 

Instruments for guaranteeing straightforwardness of Internet organizations. 

Upgraded Media and Information Literacy (MIL) limits that empower individuals to perceive and esteem, just as shield and request, news-casting as an indispensable piece of data as a public decent. 

World Press Conference 2021: 
The 2021 Global Conference was facilitated by UNESCO and the Government of Namibia. 

It pointed out for critical the danger of annihilation looked by neighborhood news media all throughout the planet, an emergency deteriorated by the Covid-19 pandemic. 

It set forward plans to handle the difficulties of our online media climate, push for more straightforwardness of web organizations, fortify wellbeing of columnists, and improve their functioning conditions. 

Freedom of Press in India 
Opportunity of press isn't explicitly ensured by Indian general set of laws yet it is impliedly secured under article 19(1) (a) of the constitution, which states - "All residents will reserve the privilege to the right to speak freely of discourse and articulation". 

In 1950, the Supreme Court in Romesh Thappar v. Province of Madras saw that opportunity of the press establish at the framework of every single majority rule association. 

Be that as it may, Freedom of press is likewise not outright. It faces certain limitations under Article 19(2), which are as per the following- 
Matters identified with interests of the power and trustworthiness of India, the security of the State, well disposed relations with unfamiliar States, public request, respectability or profound quality or corresponding to scorn of court, criticism or actuation to an offense. 

Related Rankings/Findings: 

India has been positioned 142nd out of 180 countries in the World Press Freedom Index, 2021, distributed by Reporters Sans Frontiers’ (RSF) or Reporters Without Borders. 

Reports, for example, 'Opportunity in the World 2021 (Freedom House, US)', '2020 Human Rights Report (US State Department)', Autocratisation Goes Viral (V-Dem Institute, Sweden)' have all featured terrorizing of writers in India.

Pradhan Mantri Mudra Yojana

Pradhan Mantri Mudra Yojana
According to the recent news, More than 28.68 crore loans for a amount of Rs. 14.96 lakh crore have been sanctions by banks, NBFCs and MFIs since the dispatch of Pradhan Mantri Mudra Yojana (PMMY). 

Main key points 

About Pradhan Mantri Mudra Yojana

(PMMY): 

Launching and Aim: 

It was launched by the Government of India 2015 for giving loans up to Rs. 10 lakh to the non-corporate, non-ranch little/miniature enterprises. 

Funding Provision: 

MUDRA, which represents Micro Units Development and Refinance Agency Ltd., is a monetary organization set up by the Government. 

It gives subsidizing to the non-corporate private venture area through different last-mile monetary organizations like Banks, Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs). 

MUDRA doesn't loan straightforwardly to Mini   business people/people. 
Three Products: 

MUDRA has made three items for example 'Shishu', 'Kishore' and 'Tarun' according to the phase of development and subsidizing needs of the recipient Mini unit. 

Shishu: Covering credits up to Rs. 50,000. 
Kishore: Covering credits above Rs. 50,000 and up to Rs. 5 lakh. 

Tarun: Covering credits above Rs. 5 lakh and up to Rs. 10 lakh. 

All loans under this plan are without guarantee advances. 

Achievements: 

Loans have been given to impeded areas of society like ladies business visionaries, SC/ST/OBC borrowers, Minority people group borrowers, and so on The spotlight has additionally been on new business people.
 
According to an overview led by Ministry of Labor and Employment, PMMY helped in age of 1.12 crore net extra work from 2015 to 2018. 

Out of the 1.12 crore of assessed expansion in work, ladies represented 69 lakh (62%).

Purchasing Managers’ Index

Purchasing Managers’ Index

According to the recent report, The seasonally changed IHS Markit India Manufacturing Purchasing Managers' Index (PMI) was at 55.5 in April 2021, minimal changed from March's reading of 55.4. 

Main key points - 

It is an survey based measure that gets some information about changes in their discernment about key business factors as contrasted and the earlier month. 

The reason for the PMI is to give data about current and future business conditions to organization leaders, experts, and financial backers. 

It is determined independently for the assembling and administrations areas and afterward a composite file is additionally built. 

The PMI is a number from 0 to 100. 
A print over 50 methods development, while a score beneath that means withdrawal. 

A perusing at 50 shows no change. 
On the off chance that PMI of the earlier month is higher than the PMI of the current month, it addresses that the economy is contracting. 

It is typically delivered toward the beginning of consistently. It is, along these lines, thought about a decent driving pointer of financial action. 

PMI is aggregated by IHS Markets for in excess of 40 economies around the world. 

IHS Markits is a worldwide innovator in data, investigation and answers for the significant enterprises and markets that drive economies around the world. 

As the authority information on modern yield, assembling and Gross Domestic Product (GDP) development comes a lot later, PMI assists with settling on educated choices at a previous stage. 
It is unique in relation to the Index of Industrial Production (IIP), which likewise checks the degree of movement in the economy. 

IIP covers the more broadar  Industrial sector compared  with PMI. 

Be that as it may, PMI is more unique contrasted with a standard modern creation list.