AFA CURRENT AFFAIRS ANALYSIS- 20/02/2019
New National Electronics Policy:
- The Union Cabinet on approved the new National Electronics Policy 2019 that aims to achieve a turnover of $400 billion (about Rs. 26 lakh crore) for the electronics system design and manufacturing (ESDM) sector by 2025, while generating employment opportunities for one crore people.
- The policy will enable flow of investment and technology, leading to higher value addition in the domestically manufactured electronic products and increased manufacturing of electronics hardware for local use as well as exports.
- The policy has introduced new “easier to implement” incentive schemes, including interest subvention scheme and credit default guarantee, to replace some of the existing ones under the National Electronics Policy 2012.
- The new policy proposes to provide interest subsidy of 4% on loans up to Rs. 1,000 crore on plant and machinery. The government also proposes to create a fund to provide default guarantee of up to 75% to the banks for plant and machine loans of up to Rs. 100 crore- This will eliminate the need for small and new investors to provide third party collateral… the scheme will be on the pattern of credit guarantee being provided by SIDBI for SME sector.
- Uttar Pradesh, Andhra Pradesh, Punjab, Chattisgarh and Arunachal Pradesh have emerged front runners in alcohol abuse and health complications arising due to the addiction, according to a survey conducted by the National Drug Dependence Treatment Centre, All India Institute of Medical Sciences, Delhi.
- The survey report, which was submitted to the Union Ministry of Social Justice and Empowerment noted that 5.7 crore people in the country suffered from alcohol related problems.
- Of the 16 crore people who consumed alcohol across the country, prevalence of alcohol consumption was 17 times higher among men than among women
More than four lakh children and 1.8 million adults needed help for inhalant abuse and dependence, the report said.
- The survey also revealed that about 3.1 crore individuals consumed cannabis, with 72 lakh of them needing help for cannabis use problems. Uttar Pradesh, Punjab and Odisha registered maximum cannabis dependence.
- The most common opioid used was heroin. The current use of heroin was 1.14%, followed by pharmaceutical opioids (0.96%) and opium (0.52%). Here, the abuse was found most prevalent in Uttar Pradesh, Punjab and Haryana.
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