PUNJAB

CUPB signs MoU with University of Worcester to promote academic partnership

Central University of Punjab Bathinda (CUPB) signed a Memorandum of Understanding (MoU) with the University of Worcester, United Kingdom to promote academic cooperation in their Schools of Education. The objective of this MoU is also to promote collaboration in areas of joint research, project proposals, faculty/student exchange programs and to share educational materials.

The objective of the MoU stated that experts of both these universities will mentor each other in designing course curriculum with the objective to promote the internationalization of curricular in higher education.

INTERNATIONAL

World Kidney Day is observed on 12 March

World Kidney Day is observed on 12 March. It is celebrated on the second Thursday of March every year. The day aims to create awareness and educate people about the importance of kidneys to overall health and to reduce the frequency and impact of kidney disease and associated health problems worldwide. As a part of the 2020 campaign, the #MyGr8Rule challenge was launched on 8 February.

The theme of the 2020 World Kidney day is “Kidney Health for Everyone Everywhere–from Prevention to Detection and Equitable Access to Care.” The theme stresses the need to strive for kidney health for everyone everywhere. The theme also highlights to focus on the importance of preventive interventions to avert the onset and progression of kidney disease.

NATIONAL

Parliament passed amendments to IBC Amendment Bill

Parliament passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2020, on 12 March 2020. It was earlier passed in Lok Sabha on 6 March. The Bill will now replace an ordinance passed in 2019.

Bill Provision:

The amendments will introduce a mechanism to incorporate viable changes in the legislation.

The Bill will remove bottlenecks and streamline the corporate insolvency resolution process.

It aims to provide protection to new owners of a loan defaulter company against prosecution for misdeeds of previous owners.

The creditors can initiate an insolvency resolution process if a company defaults on its payments.

It empowers the resolution professional to require suppliers to continue providing goods and services.

The Bill provides that the company will not be liable for any offence committed prior to the insolvency resolution process if there is a change in the management or control of the company.

GOKADDAL-worlds first Digital Solutions Exchange cloud launched in India

The world’s first Digital Solutions Exchange in the cloud “GOKADDAL” has been launched in India. GOKADDAL will revolutionize the way digital solutions are sourced, delivered, and managed.

The cloud-based platform is created to help the customers realize their digital transformation vision by bringing them the right solutions with the right tools and right providers.

GOKADDAL will create a new and significant revenue base for the solution providers.
♦ GOKADDAL provides features including Solution search, compare, use EOI/Bidding process to select the right solution in the right budget.

Centre to distribute fortified rice through PDS to curb malnutrition

Ministry of Consumer Affairs, Food and Public Distribution, Department of Food & Public Distribution has approved the Centrally Sponsored Pilot Scheme on “Fortification of Rice and its Distribution under Public Distribution System (PDS)” for a period of three years beginning from 2019-20.

The Fortification of Rice and its Distribution under the PDS Scheme aims to curb malnutrition in the country.

The total budget outlay of the Fortification of Rice and its Distribution under PDS scheme is Rs.174.64 Crore.

The Pilot Scheme is funded by the Government of India in the ratio of 90:10 in respect of North Eastern, Hilly, and Island States and 75:25 for the rest of the States.

The Pilot Scheme focuses on 15 districts per State.

The Fortification of Rice and its Distribution under the PDS Scheme aims to curb malnutrition in the country.

The total budget outlay of the Fortification of Rice and its Distribution under PDS scheme is Rs.174.64 Crore.

The Pilot Scheme is funded by the Government of India in the ratio of 90:10 in respect of North Eastern, Hilly, and Island States and 75:25 for the rest of the States.

The Pilot Scheme focuses on 15 districts per State.

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