Contents:

  1. Rates to fall despite RBI’s status quo
  2. India to study air corridors for trade with Central Asian countries
  3. What is Public Safety Act? (PSA)
  4. India, African countries resolve to fight terror

RATES TO FALL DESPITE RBI’S STATUS QUO

Why in news?

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided at a meeting  to keep the interest rates unchanged in the wake of a rise in inflation, but emphasized that there would be space for rate reduction

The RBI decided to keep the repo rate Repo rate Legacy IAS Academy Best IAS academy in Bangalore
Repo Rate and Lending Rates Graph

INDIA TO STUDY AIR CORRIDORS FOR TRADE WITH CENTRAL ASIAN COUNTRIES

Why in news?

India would like to explore setting up “air corridors” between India and five Central Asian nations, External Affairs Minister S. Jaishankar mentioned

Details:

  • The air corridors — similar to what India established in 2018 with Afghanistan — would include regular cargo flights with special clearing and customs facilities to expedite the movement of goods, especially fresh fruit and other agricultural produce
  • India Central Asia Business council” which brought together Indian businessmen and diplomats from five Central Asian countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan
  • Availability of air corridors can boost trade in perishable goods, agricultural and food products
  • The council also decided to establish four working groups including on energy, agro and food processing, tourism and pharmaceuticals to present recommendations for ways to further boost trade.

WHAT IS PUBLIC SAFETY ACT? (PSA)

Details:

  • The Public Safety Act (PSA), 1978, of Jammu & Kashmir is an administrative detention law that allows detention of any individual for up to two years without a trial or charge.
  • The Public Safety Act allows for the arrest and detention of people without a warrant, specific charges, and often for an unspecified period of time
  • The Act makes provisions for the detained person to be informed about the reason of custody, and also gives them an opportunity to make a case against their detention to the government.
  • However, the detaining authority is not required to reveal any facts “which it considers being against the public interest to disclose”.
  • This Act extends to the whole of Jammu & Kashmir.
  • The PSA permits administrative detention for up to two years “in the case of a person acting in any manner prejudicial to the security of the state”, and for up to a year where “any person is acting in any manner prejudicial to the maintenance of public order”.
  • A detention order under the PSA is issued either by the Divisional Commissioner or District Magistrate.
  • After the amendments were made to the PSA in 2012, the detention of a person below the age of 18 was strictly prohibited under this Act.
  • According to Section 22, “no suit, prosecution or any other legal proceeding shall lie against any person for anything done or intended to be done in good faith” under the PSA.
  • An individual detained under the PSA shall be produced before the magistrate within 24 hours.
  • The Advisory Board is a non-judicial body established under Section 14 of the PSA to review detention orders and determine whether there is sufficient cause for detention.

INDIA, AFRICAN COUNTRIES RESOLVE TO FIGHT TERROR

Why in news?

Lucknow Declaration urges need for stronger international partnership

Details?

India and several African countries on Thursday pledged to deepen cooperation to combat the growing threat of terrorism and preserve maritime security by sharing information, intelligence and surveillance, in a joint deceleration adopted at the first India­ Africa Defence Ministers conclave at the ongoing Defexpo.

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