Sarat Chandra IAS Academy

Important Terms in 14th September -2020 News

 

MPLADS:

  • The MPLAD scheme was formulated in 1993 to enable Members of Parliament (MPs) to recommend development works in their constituencies with emphasis on the creation of durable community assets based on the locally felt need.
  • Durable assets of national priorities and community needs viz. drinking water, primary education, public health, sanitation and roads, etc.
  • Initially, the Scheme was under the control of the Ministry of Rural Development and Planning. In October, 1994, the scheme was transferred to the Ministry of Statistics & Programme Implementation.
  • Under this scheme,every MP is entitled to spend Rs 5 crore annually.
  • Similar to MPLADS, several states have enacted schemes called Member of Legislative Assembly Local Area Development Scheme (MLALADS) where funds are given to MLAs.

 

Insolvency and Bankruptcy Code, 2016:

  • Insolvency and Bankruptcy Code, 2016 is considered as one of the biggest insolvency reforms in the economic history of India.
  • This was enacted for reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of the value of assets of such persons.
  • The Central government introduced the Insolvency and Bankruptcy Code(IBC) in 2016 to resolve claims involving insolvent companies.
  • This was intended to tackle the bad loan problems that were affecting the banking system.

 

DGCA:

  • The Directorate General of Civil Aviation (DGCA) is the regulatory body in the field of Civil Aviation, primarily dealing with safety issues.
  • It is responsible for regulation of air transport services to/from/within India and for enforcement of civil air regulations, air safety, and airworthiness standards.
  • The DGCA also co-ordinates all regulatory functions with the International Civil Aviation Organisation (ICAO).

 

Zero Hour:

  • Zero Hour is an Indian parliamentary innovation. It is not mentioned in the parliamentary rules book.
  • Under this, MPs can raise matters without any prior notice.
  • The zero hour starts immediately after the question hour and lasts until the agenda for the day (i.e. regular business of the House) is taken up.

 

Backwater:

  • Backwater is water turned back in its course by an obstruction on opposing current or the flow of tide as in a sewer or river channel or across the river bar.

 

Wayanad Wildlife Sanctuary:

  • It is an animal sanctuary in Wayanad, Kerala, India.
  • Flora: Moist deciduous forest consists of maruthi, karimaruthi, rosewood, venteak, vengal, chadachi, mazhukanjiram, bamboos, more, while the semi-evergreen patches comprises veteria indica., lagerstroemia, lanceolata, termianalia paniculata.
  • Fauna: Elephants, tigers, panthers, jungle cats, civet cats, monkeys, wild dogs, bisons, deer, bears, monitor lizards and a variety of snakes are seen.
  • Avian-Fauna: Peacocks, babblers, cuckoos, owls, woodpeckers, jungle fowls are a few of the various types of birds seen here.
  • Wayanad climate is salubrious.

 

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