National Domestic Product Current Affairs - 2020
The Government of India recently modified public procurement norms. Under the new norms maximum preference is to be given to those goods and services that have 50% or more local content. This has been done to promote “Make in India”.
The GoI recently issued the Public Procurement (Preference to Make in India), Order 2017. The new order has introduced Class-I, Class-II and non-local suppliers. The goods and services are to get preferences based on their classes.
The goods and service company that have domestic value addition of 50% and more have been classified under Class I. These goods and services will get the most preference in all government purchases.
The goods and service company whose value addition range is between 20% and 50% come under Class II supplier.
The goods and service company that has less than 20% of domestic content in the products are classified as non-local suppliers. These companies cannot participate in most of the government tenders.
In the earlier orders, local suppliers were those whose goods and services had a minimum of 50% of local content. Earlier, there was no categorization among the local suppliers. Local content is amount of value added to a product in India.
Tags: Domestic Company • Make in India • Make in India campaign • National Domestic Product • Public Procurement
The World Day to Combat Desertification and Drought (WDCDD) is being observed globally on 17 June 2019. According to United Nation (UN), Desertification means degradation of land in arid, semi-arid and dry sub-humid areas and that Desertification does not refer to expansion of existing deserts.
Background: WDCDD was proclaimed on 30 January 1995 by United Nations General Assembly’s (UNGA) resolution A/RES/49/115, after the day when United Nations Convention to Combat Desertification (UNCCD) was drafted. In 2019, UNCCD also celebrates 25 years of progress made by countries on sustainable land management.
Theme for year 2019 is- Let’s Grow the Future Together, which reflects on 25 years of progress and envisioning next 25 years.
Objective: The day is observed every year to promote public awareness about presence of desertification and drought, highlighting methods of preventing desertification and also about international efforts to combat desertification.
Concern: As per United Nation (UN), world is losing 24 billion tons of fertile soil ever year and National Domestic Product (NDP) in developing countries is reduced by up to 8 % annually due to dryland degradation.
Siginificance: WDCDD is a unique occasion that serves as a reminder global community that desertification can be effectively tackled and that solutions are possible with tools such as strengthening community participation and cooperation at all levels.
India’s efforts towards Combating Desertification
Various initiatives by government for tackling desertification issue includes- Per Drop More Crops (for proper water management), Soil Health Card Scheme and Neem Coated Urea for farmers that will help increase the area of cultivated land.
In last 5 years forest cover in India has increased and the government is committed towards improving it further as well for working towards betterment of farmer and environment protection.
India seeks to set an example in combating desertification and also shows readiness to cooperate with world in this direction.