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Current Affairs 17-10-2018

No time bar for reporting crimes under POCSO Act

The clarity comes after the Law Ministry concurred with the opinion of the Ministry of Women and Child Development that unlike the Code of Criminal Procedure, the Protection of Children from Sexual Offences Act, 2012, doesn’t lay down a time limit for reporting crimes covered under it.

Section 19 of the POCSO Act lays down the procedure for reporting a crime but doesn’t specify a time limit or statute of limitation for reporting offences covered under it.

UPI to facilitate interoperability among prepaid payment instruments

The Reserve Bank of India has released the guidelines for interoperability between prepaid payment instruments (PPIs) such as wallets and cards that will effectively allow users of popular payment wallets such as Paytm, Freecharge, Mobikwik, PhonePe and PayZapp, among others, to transfer money from one wallet to another.

Safeguard duty, rupee decline to push up solar capital costs by 20-25%, says ICRA

The imposition of safeguard duty by the government on imported photovoltaic modules and rupee depreciation are estimated to increase the capital cost of solar power projects by 20-25%, according to ICRA.

Floating pipe to gather ocean plastic
The Ocean Cleanup Foundation has launched the project. A 2,000-foot-long floating pipe nicknamed “Wilson” has begun its mission to collect the plastic in the middle of the Pacific Ocean. The pipe, which is in the shape of a U, features a three-metre-deep net to trap floating plastic under the water’s surface.

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