Home » UPSC Current Affairs – 23-03-2019

UPSC Current Affairs – 23-03-2019

Why in news?

March 21 is observed as the World Down Syndrome Day under the auspices of United Nations.

In Brief:

About DOWN SYNDROME:

It is a genetic disorder associated with delayed physical and mental development.It is also known as Trisomy 21.
It is due to the presence of all or part of a third copy of chromosome 21.
These extra genes and DNA cause changes in development of the embryo and fetus resulting in physical and mental abnormalities.
There is no cure for Down syndrome. Education and proper care have been shown to improve quality of life.

2.GOVT. EARNS RS. 85,000 CRORE FROM DISINVESTMENT, OVERSHOOTS TARGET

Why In News:
The government has overshot its disinvestment target for the second consecutive year as against a target of Rs. 80,000 crore for disinvestment for the current year, the divestment receipts have touched Rs. 85,000 crore.

In Breif:

Disinvestment policy in India:

Divestment in India is a by-product of the economic reforms initiated in 1991. Although the objective of redefining the role of the government
versus the market started in 1991 and there was considerable discussion on the role of PSUs, the process of divestment was formalized only after
the Divestment Commission was set up in 1996 to examine and suggest withdrawal from non-strategic sectors
* The department of divestment was formed in December 1999, which later was made the ministry of disinvestment in September 2001. In May
2004, it was shifted to the ministry of finance as one of the departments under it. Now, the department has been renamed as Department of
Investment and Public Asset Management (DIPAM)

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