credit Linked Capital Subsidy Scheme clcss

Credit Linked Capital Subsidy Scheme
The Credit Linked Capital Subsidy Scheme for technology upgradation
of Micro, Small and Medium Enterprises in the country provides for
capital subsidy at 15% of value of plant & machinery is provided on
loans upto Rs.1 crore. The scheme is implemented through 11 Nodal
Banks/agencies such as Small Industries Development Bank of India
(SIDBI), National Bank of Agriculture and Rural Development
(NABARD), State Bank of India, Andhra Bank, State Bank of Bikaner &
Jaipur, Bank of Baroda, Punjab National Bank, Canara Bank, Bank of
India, Tamilnadu Industrial Investment Corporation Limited and the
National Small Industries Corporation Ltd. Presently, 48 well
established and improved technologies/sub-sectors have bee

ICDS news imother and child protection card introduced

Health and Family
Welfare Mother and Child
Protection Cards
The Mother and Child
Protection Card (MCP
Card) has been
introduced through a
collaborative effort of
the Ministry of
Women and Child
Development and the
Ministry of Health &
Family Welfare,
Government of India
The MCP card is a
tool for informing and
educating the mother
and family on
different aspects of
maternal and child
care and linking
maternal and
childcare into a
continuum of care
through the
Integrated Child
Development Services
(ICDS) scheme of
Ministry of Women
and Child
Development and the
National Rural Health
Mission(NRHM) of the
Ministry of Health &
Family Welfare
(MoHFW).
The card also captures
some of key services
delivered to the
mother & baby during
Antenatal, Intranatal
& Post natal care for
ensuring that the
minimum package of
services are delivered
to the beneficiary.
MCP card has a

Money laundering bill passed by voice vote in parliament

The Prevention of Money Laundering (Amendment) Bill, 2011
The Prevention of Money Laundering (Amendment) Bill, 2011 was
introduced by the Minister of Finance, Mr. Pranab Mukherjee in the
Lok Sabha on December 27, 2011. This Bill seeks to amend the
Prevention of Money Laundering Act, 2002.
The Bills proposes to introduce the concept of ‘corresponding law’ to
link the provisions of Indian law with the laws of foreign countries. It
also adds the concept of ‘reporting entity’ which would include a
banking company, financial institution, intermediary or a person
carrying on a designated business or profession.
The Bill expands the definition of offence under money laundering to
include activities like concealment, acquisition, possession and use of
proceeds of crime.
The Prevention of Money Laundering Act, 2002 levies a fine up to Rs
five lakh. The Bill proposes to remove this upper limit.
The Bill seeks to provide for
provisional attachment and
confiscation of property of any
person (for a period not exceeding
180 days). This power may be
exercised by the authority if it has
reason to believe that the offence of
money laundering has taken place.
The Bill proposes to confer powers
upon the Director to call for records
of transactions or any additional information that may be required for
the purposes of investigation. The Director may also make inquiries
for non-compliance of the obligations of the reporting entities.
The Bill seeks to make the reporting entity, its designated directors on
the Board and employees responsible for omissions or commissions in
relation to the reporting obligations.
The Bill states that in the proceedings relating to money laundering,
the funds shall be presumed to be involved in the offence, unless
proven otherwise.
The Bill proposes to provide for appeal against the orders of the
Appellate Tribunal directly to the Supreme Court within 60 days from
the communication of the decision or order of the Appellate Tribunal.
The Bill seeks to provide for the process of transfer of cases of the
Scheduled offences pending in a court (which had taken cognizance of
the offence) to the Special Court for trial. In addition, on receiving
such cases, the Special Court shall proceed to deal with it from the
stage at which it was committed.
Part B of the Schedule in the existing Act includes only those crimes
that are above Rs 30 lakh or more whereas Part A did not specify any
monetary limit of the offence. The Bill proposes to bring all the
offences under Part A of the Schedule to ensure that the monetary
thresholds do not apply to the offence of money laundering.

Forest National Bear Conservation amd Welfare Action plan

Ministry of Environment and
Forests National Bear
Conservation and
Welfare Action Plan
The Minister for
Environment and
Forests, Smt. Jayanthi
Natarajan has
released the National
Bear Conservation
and Welfare Action
Plan.
India is home to four
of the eight species of
bears found
worldwide – making it
one of the only two
countries with this
diversity, the other
being China.
The Indian bears
include the sloth bear
(Melursus ursinus),
the Asiatic black bear
(Ursus thibetanus),
the Himalayan brown
bear (Ursus arctos)
and the Malayan sun
bear (Helarctos
malayanus). Sloth
bears are endemic to
the Indian sub-
continent and have
gone extinct fairly
recently from
Pakistan and
Bangladesh,
underscoring the
threats to the species
of habitat loss and
increasing human
interface. The black
bears and brown
bears inhabit the
Himalayan and sub-
Himalayan regions,
while the sun bears
are found in very
small numbers along
the northeast Indian
border. The bears
have an almost pan-
India distribution,
being found in 26 of
the 28 Indian states.
The national plan
summarises the
threats faced by bears
in India, and outlines
management actions
to be undertaken by
the bear range states
for their conservation
and welfare. It was
an outcome of over a
year of collaborative
work by the MoEF,
WII, state Forest
Departments and
NGOs including WTI,
WSPA and IFAW.

Ovl to enter kashagan field

The kashagan field in Khazakhstan in Caspian sea is the worlds largest current development project deal size = $ 5 billion
Thia is ovl's  biggest deal surpassing its $2.2 billion buy-out of Russia-focussed imperial energy in 2009
It will be the biggest acquisition by an Indian company this year2012 and sixth largest in history
Ovl= ongc videsh limited.

Desulfobulbaceae   date : 15-nov-2012

Desulfobulbaceae The bacteria form a long conducting nanowire cable to transport electrons and capture the oxygen at the surface for metabolic use

link:http://www.thehindu.com/sci-tech/science/bacteria-that-line-up-to-make-a-live-wire/article4095313.ece

NEWS FOR IAS is a general awareness and current affair site.

• NEWS FOR IAS is a general awareness and current affair site which will contain the most important and sure shot general awareness topics. 
• aspirants can go through this site and can quickly scan all the important topics with small definitions.
• most important for ias pre and 2,7,5 markers.
• We will collect these topics from news paper and magazines 
• as you all aspirants know that upsc is focusing more on current affair and questions are asked from various news paper and magazines so prepare more from news paper and magazines.
• We will provide a short and important definitions of each topic with links if it is available for details.

www.iasbankmagazine.blogspot.com