Top 5 Current Affairs: 24 July 2018
The Bihar Assembly has passed amendments to a prohibition law to stop the misuse of the bill’s provisions against the innocent and bring the punishment in proportion to the crime. The bill contains 16 amendments that offer relief to people found violating the various provisions of the law.
Government sets up High Level Committee to check mob lynching
Considering the increasing incidents of mob lynching, the Union Government on July 23, 2018 constituted a High Level Committee chaired by the Union Home Secretary Rajiv Gauba to deliberate in the matter and make recommendations.
The Union Government also constituted a Group of Ministers (GoM) headed by the Union Home Minister Rajnath Singh to consider the recommendations of the High Level Committee.
File a detailed affidavit related to appointment of Lokpal: SC to Centre
The Supreme Court on July 24, 2018 asked the Union Government to file a detailed affidavit mentioning all the steps being taken for setting up a search committee for suggesting probable names for the appointment of Lokpal.
The Supreme Court bench of Justice Ranjan Gogoi, Justice R. Bhanumathi and Justice Navin Sinha expressed dissatisfaction over the Centre’s response on appointment of search committee members.
Earlier on July 2, 2018, the Supreme Court directed the Centre to inform it within 10 days about the time frame for appointing the anti-graft ombudsman Lokpal in the country.
India, Rwanda sign 8 agreements
India and Rwanda signed eight agreements on July 23, 2018 following delegation-level talks between Prime Minister Narendra Modi and Rwandan President Paul Kagame in Kigali, the capital city of Rwanda.
The agreements were signed in the fields of defence, trade, agriculture, leather and allied products and dairy. India also extended two lines of credit (LoCs) worth $200 million to Rwanda, one for the development of industrial parks and Kigali Special Economic Zone and the other for the development of three agricultural projects in Rwanda.
Indian banks, financial institutions sign agreement to speed up bad loan resolution
Indian banks and financial institutions signed an inter-creditor agreement on July 23, 2018 to fast-track the resolution of stressed assets of Rs 500 crore or above that are under consortium lending.
The ICA is a part of Project Sashakt, which aims to strengthen the credit capacity, credit culture and credit portfolio of public sector banks. It has been signed by 22 public sector banks including SBI, PNB and India Post Payments Bank, 19 private sector banks and 32 foreign banks.
Bihar Assembly passes amendments to liquor ban law to stop its misuse
The Bihar Assembly passed the Bihar Prohibition and Excise (Amendment) Bill, 2018 on July 23, 2018 to amend some of the stringent provisions of the prohibition law in order to prevent its misuse and make the quantum of punishment proportionate to the nature of offence.
While the prohibition was introduced in the state with unanimous support from the parties, the opposition, which was seeking the declaration of Bihar as ‘drought-hit’, staged a walkout before the bill was taken up for consideration.
The main objective of the bill is to stop misuse of provisions of the law against the innocent and bring the punishment in proportion to the crime. The bill contains 16 amendments that offer relief to people found violating the various provisions of the law.