News 1 - Sports Ministry approved constitution of 13 − ESC
The Sports Ministry has approved constitution of a 13-member Empowered Steering Committee (ESC). It will shape and influence India's preparation for multi-disciplinary events, including 2020 Tokyo Olympic Games.
The Steering Committee will have the mandate to work until December 31, 2020 with clearly defined terms and references. These include review of the core probable list of each High Priority and Priority disciplines for the Commonwealth Games, Asian Games and Olympic Games. The Committee will also have power to recommend specific plans or packages for beneficiaries of Target Olympic Podium Scheme.
News 2 - NITI Aayog constitutes Expert Task Force to provide major thrust to job creation
NITI Aayog constituted an Expert Task Force to provide a major thrust to job creation by enhancing India’s exports. It will be headed by NITI Aayog Vice Chairman Dr Rajiv Kumar.
The task force has outlined many steps to address the challenge of creating well-paid, formal sector jobs. These include, proposing a comprehensive plan of action to generate employment and alleviate under-employment in both goods and services sectors and low wages by boosting India’s exports in key labour-intensive industries.
News 3 - Expert committee formed to identify key data protection issues in the country
The Centre has formed an expert committee under the Chairmanship of former apex court judge Justice BN Srikrishna to identify key data protection issues in India and recommend methods to address them.
After the committee's report is submitted, there is a possibility that the law shall be passed regulating data protection.
The committee will study various issues and make specific suggestions for consideration of the government on the principles to be considered for data protection.
News 4 - Joint Committee on the Financial Resolution and Deposit Insurance Bill, 2017
The Financial Resolution and Deposit Insurance Bill, 2017 has been referred to a Joint Parliamentary Committee of both the Houses, under the Chairpersonship of Shri Bhupender Yadav, M.P for examination and presenting a Report to the Parliament.
The Bill seeks to provide for the resolution of certain categories of financial service providers in distress; the deposit insurance to consumers of certain categories of financial services; designation of systemically important financial institutions; and establishment of a Resolution Corporation for protection of consumers of specified service providers and of public funds.
News 5 - Government forms committee for 5G rollout by 2020
The Union Government has constituted a high level 5G India 2020 forum to lay down a roadmap for the rollout of 5G mobile networks in India by 2020.
The committee consists of high ranked officials of Ministry, renowned experts and CEOs from the IT Industry, professors from IITs and stakeholders from Industry associations.
The Centre has created a support fund of about ?500 crore to facilitate research and development for 5G.