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  • Current affairs March on 25th day on

    Updated : 25-Mar-2019

    Current Affairs 25th March 2019 - Important Points

    • Centre Bans Jammu Kashmir Liberation Front Under - UAPA
    • 107th Bihar Diwas was celebrated on - 22nd March 2019
    • Execution of Indian Accounting Standards postponed by - RBI
    • Trump orders colleges to support free speech by - United States
    • World Tuberculosis Day 2019 celebrated internationally on - 24th March 2019
    • $69 million to the United Nations World Food Program donated by - Japan
      Current Affairs 25th March 2019 - Details

    Centre Bans Jammu Kashmir Liberation Front Under - UAPA

    The Central Government has barred the Yasin Malik-led Jammu Kashmir Liberation Front- JKLF as an
    unlawful association under the provisions of Unlawful Activities Prevention Act.
    Jammu Kashmir Liberation Front

    • Jammu Kashmir Liberation Front is spearheading the separatist philosophy in the Kashmir valley and has been at the vanguard of the separatist activities and violence since 1988.
    • It is also suspected that Jammu Kashmir Liberation Front was tangled in murders of Kashmiri Pandits in 1989 which resulted in to their exodus from the Kashmir valley.
    • It is also said that Jammu Kashmir Liberation Front is spreading a security threat to the nation and is posing risk to the territorial integrity and sovereignty of India.
    • Jammu Kashmir Liberation Front is also actively encouraging feelings of antagonism and hatred against the lawfully recognized government and armed rebellion.
    • The conclusion to ban Jammu Kashmir Liberation Front was taken in accordance with the policy of zero tolerance against terrorism.

    Unlawful Activities (Prevention) Act, 1967

    Unlawful Activities Prevention Act is anti-terrorist law intended at effective prevention of unlawful
    activities connotations in India.
    Unlawful Activities Prevention Act aim is to provide essential powers to the investigating agencies to act against activities instructed against the integrity and sovereignty of India.
    Unlawful Activities Prevention Act bars certain terrorist groups, penalises membership and connotation with such groups and punishes terrorist activities.
    Unlawful Activities Prevention Act executes reasonable limitations on the exercise of freedom of speech and expression, to accumulate peaceably without arms and to develop connotations in interests of sovereignty and integrity of India.

    107th Bihar Diwas was celebrated on - 22nd March 2019

    Bihar Diwas was celebrated on 22nd March across the state to celebrate the day when Bihar was carved out of the Bengal Presidency in the year 1912. March 22nd  2019 was the 107th foundation day of the state.
    Bihar and Bengal Presidency
    The British East India Company arose victorious in the Battle of Buxar against the combined army of Mir Qasim, the Nawab of Bengal; the Nawab of Awadh; and the Mughal King Shah Alam II.
    Afterward the Battle, Mughals, and the Nawabs of Bengal, misplaced the effective control over the
    territories which founded the province of Bengal, which presently comprises Bangladesh, and the Indian states of West Bengal, Bihar, Jharkhand, Odisha. The British East India Company was rendered the diwani rights to administer the collection and supervision of revenues of the province of Bengal.
    In 1911 when the capital of then British India was lifted to Delhi, the Bengal Presidency was divided into 4 sabhas Bengal, Orissa, Bihar and Assam.
    Bihar Diwas
    The government of Bihar seeking for a memorial event in Bihar’s history that could become the state’s
    official day of celebration, selected March 22nd the day Bihar was imprinted out of Bengal Presidency as Bihar Diwas.

    Execution of Indian Accounting Standards postponed by - RBI

    The RBI has postponed the execution of fresh accounting rules, Indian Accounting Standards (Ind AS) for banks till further notice. This is the 2nd extension delivered by the Reserve Bank of India. Earlier in April 2018, Reserve Bank of India had postponed the execution of Indian Accounting Standards by the banks by 1 year.
    Reserve Bank of India has explained that since the legislative amendments suggested by the Reserve
    Bank of India are under consideration of the government it has been finalised to submit the execution of
    Indian Accounting Standards till further notice.
    Indian Accounting Standards
    Ind AS is a set of accounting standards established by Indian authorities, which converge with the
    International Financial Reporting Standards. Urban Cooperative Banks and Regional Rural Banks shall not be needed to smear Indian Accounting Standards and shall remain to comply with the present Accounting Standards.
    This postponement in the execution of Indian Accounting Standards will give banks extra time to prepare for the predictable credit-loss model. Fitch Ratings projected that India’s state-operated lenders would have had to upsurge provisions by as much as 1.1 trillion rupees in the fiscal 1st quarter ending June 30 if the rules had gone ahead. This enormous capital necessity would have forced public sector lenders to increase substantial amounts of extra capital, beyond the projected 1.9 trillion-rupee infusion already committed by the government.

    $69 million to the United Nations World Food Program donated by - Japan

    Japan has contributed $69 million to the UN World Food Program to provide vivacious aid to 28 nations
    in the Middle East, Africa, and Asia, with the biggest shares of the money being reserved for Yemen and Iraq.
    World Food Program
    World Food Program is a leading humanitarian group saving lives and altering lives, delivering food
    assistance in emergencies and  working with communities to advance nutrition and build resilience.
    In the 1960 Food and Agriculture Organization Conference, there were calls for planning a multilateral
    food aid program. In line these needs, the World Food Program was recognized in 1961 by the Food and
    Agriculture Organisation and the UN General Assembly.
    The Food for Work programs of the World Food Program encourages environmental and economic
    stability and agricultural production.
    The World Food Program attempts to eradicate hunger and  malnutrition, with the definitive aim to
    eliminate the necessity for food aid itself. The aims of the World Food Program are:
    Safeguard lives and protect livings in emergencies.
    Support food security and nutrition and (re)build funds in fragile settings and following emergencies.
    Diminish risk and enable people, communities and nations to complete their own food and nutrition
    requirements.
    Diminish under-nutrition and break the inter-generational cycle of hunger and Zero Hunger in 2030.

    World Tuberculosis Day 2019 celebrated internationally on - 24th March 2019

    The World Tuberculosis Day was celebrated globally on March 24th, 2019 with an intention to raise public awareness about the upsetting health and economic penalties of tuberculosis and to maximize efforts to terminate the international Tuberculosis epidemic.
    The idea of World Tuberculosis Day 2019 was ‘It’s time’. The idea drew attention of the international
    leaders towards the urgency to dismiss the international epidemic of Tuberculosis by:
    Scaling up entree to inhibition and treatment.
    Developing responsibility.
    Making sure adequate and sustainable financing.
    Encouraging a terminate to Tuberculosis stigma and discrimination
    Promoting an equitable and people-cantered Tuberculosis response
    Campaign launched by the WHO
    On the occasion of the World Tuberculosis Day 2019, the World Health Organization released a combined
    initiative ‘Find. Treat. All. #EndTB’ along with the International Fund and Stop Tuberculosis Partnership to accelerate response to Tuberculosis and make sure access to care in line with World Health Organisation’s “Universal Health Coverage” initiative.
    The campaign calls on all the governments, NGOs, civil society groups, health-care associations and partners to act in this worrying situation– “It’s time for action! It’s time to End Tuberculosis.”
    TB free India
    On the eve, President Ram Nath Kovind requested all participants to come together to accomplish a
    Tuberculosis free India. He urged to the people dedicate themselves towards attaining the goal.
    India renewed its promises and intentions to terminate Tuberculosis by 2025, 5 years ahead of the
    international targets.

    Trump orders colleges to support free speech by - United States

    United States President Donald Trump inked an executive order to encourage free speech on college campuses by intimidating the colleges that the government will cut federal research funding if they do not safeguard those rights.
    Under the fresh order, the federal agencies are needed to make sure that any college/university getting research grants decides to inspire free inquiry and follow federal norms and regulations supporting free
    speech. The order goals to avoid action against conservative students remonstrating at United States colleges and universities.
    President Trump was forced to release the order after a student at the University of California at Berkeley was hit in the face last month for supporting the president and conservative grounds.
    Important Highlights

    • As per to Trump, notwithstanding the fact that universities get billions of funds from taxpayers, many have become progressively hostile to free speech and the 1st amendment.
    • Under the fresh order, the universities will be needed to verify that their policies support free speech as a condition of receiving federal research donations.
    • However, it will not risk schools' access to student financial assistance that covers tuition.
    • The execution details of the order are anticipated to be worked out in the upcoming months.