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12th MARCH 2019 DAILY CURRENT AFFAIRS
103 Constitutional Amendment Act :★ The act seeks to provide for the advancement of “economically weaker sections” of citizens.★ The reservation of up to 10% for “economically weaker sections” in educational institutions and public employment will be in addition to the existing reservation.★ 103 Constitutional Amendment act - This amended two fundamental rights:★ Article 15, which prohibits discrimination on the grounds of race, religion, caste, sex or place of birth.★ Article 16 which prohibits discrimination in employment in government office.★ It also makes a note of the Article 46, which asks the government to promote the educational and economic interests of the weaker sections of the society.★ Provides reservation for★ People who have an annual income of less than Rs.8 lakhs.★ People who own less than five acres of farm land.★ People who have a house lesser than 1,000 sq feet in a town (or 100 sq yard in a notified municipal area). |
World Gold Council :★The World Gold Council is the market development organisation for the gold industry.★Its main purpose is to stimulate and sustain demand for gold, provide industry leadership, and be the global authority on the gold market.★The World Gold Council is an association whose members comprise the world’s leading gold mining companies. It helps to support its members to mine in a responsible way and developed the Conflict Free Gold Standard.★Headquartered in the UK, they have offices in India, China, Singapore, Japan and the United States. |
GI Tags :★A geographical indication (GI) is a sign used on products that have a specific geographical origin and possess qualities or a reputation that are due to that origin.★A geographical indication right enables those who have the right to use the indication to prevent its use by a third party whose product does not conform to the applicable standards.★Darjeeling Tea was the first Indian product to get the geographical indication tag. In 2004, the famous beverage got the recognition. |
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