news: It is time to correct wrong farming practices before the problems of the agriculture sector become even worse, according to Prime Minister Narendra Modi.
About correct wrong farming practices:
small farmers, who owned less than two acres and made up 80% of the country’s farming population, stood to benefit the most from natural farming techniques as they were currently forced to spend large sums on expensive fertilizers.
Calling for a mass movement to promote natural farming, reducing the import bill on artificial fertilizers was an essential step to achieve the goal of an Atmanirbhar Bharat or a self-reliant India.
This comes at a time when farmers in parts of the country have been complaining of fertilizer shortages during the critical winter sowing season.
2. CHILD MARRIAGE ACT
News: The Centre has decided to raise the legal age of marriage of women from 18 to 21 years and is likely to move legislative amendments in the ongoing winter session of Parliament.
About Cabinet nod to raise girls’ marriage age to 21
The Union Cabinet on Wednesday cleared a proposal to bring uniformity in the marriageable age of men and women, sources told news agency PTI on Thursday, adding that a Bill to amend the Prohibition of Child Marriage Act (PCMA), 2006, will be introduced during this session.
The proposed Bill may also contain amendments to various personal laws relating to marriage of various communities to ensure a uniform age of marriage.
As of now, the legal age of women to get married is 18, while that for men is 21.
3. PUBLIC SECTOR BANK
News: Public sector bank unions went on a two-day strike from Thursday to protest against privatisation of banks and demand that the government withdraw the Banking Laws (Amendment) Bill, 2021 that would enable the government to reduce its share in public banks.
About Public sector bank:
public sector banks had grown from 8,000 branches handling deposits of ₹5,000 crore in 1969 to 1.18 lakh branches with ₹157 lakh crore in deposits in 2021.
Public Sector Banks (PSBs) are a major type of government owned banks in India, where a majority stake (i.e. more than 50%) is held by the Ministry of Finance of the Government of India or State Ministry of Finance of various State Governments of India.
The officers working for these entities and their subsidiaries are gazetted officers.
The employees subordinate to the officers working for these respective entities and their subsidiaries are also full-fledged government employees.
The shares of these banks are listed on stock exchanges. Their main objective is social welfare.
The Central Government entered the banking business with the nationalization of the Imperial Bank of India in 1955.
A 60% stake was taken by the Reserve Bank of India and the new bank was named State Bank of India.
The seven other state banks became subsidiaries of the new bank in 1959 when the State Bank of India (Subsidiary Banks) Act, 1959 was passed by the Union government.
4. PUTIN, MODI, XI MEET SOON
News: A trilateral summit of the leaders of India, China and Russia is expected in the near future, a top presidential adviser said in Moscow.
5. JUH PROTESTS AGAINST SAUDI ARABIA BAN ON TABLIGHIS
News: Saudi Arabia’s ban on Tablighi Jamaat has drawn a strong protest from leaders of the Jamiat Ulema E Hind but the ban is likely to affect the global organisation’s position as Saudi Arabia has made it clear that it was imposed as the organisation was following new texts that are not part of the puritanical interpretation of Islam as followed in the Wahhabi school in the country.