Today Current Affairs In Hindi
News of the Day : India, Pak. move towards release of civilian prisoners
News of the Day : India, Pak. move towards release of civilian prisoners
News of the Day – Exchange lists of convicts who have completed terms
In a peace overture, India has asked Islamabad to take back dozens of Pakistani nationals who have completed jail terms here. The Indian request came in the context of the exchange of the lists of prisoners in both countries that took place on the first day of the new year.
“India has also asked Pakistan to expedite response in the cases of 80 Pakistan prisoners who have completed their sentences and await repatriation for want of nationality confirmation by Pakistan,” the Ministry of External Affairs (MEA) said in a statement after India handed over a list of 249 civilian Pakistani prisoners and 98 fishermen in its custody.
In turn, Pakistan shared lists of 54 civilian prisoners and 483 fishermen in Pakistani jails, who it claims are Indian.
Formalities completed
Out of the total number of Indian prisoners in Pakistan, Delhi has asked Islamabad to release 17 Indian civilian prisoners and 369 Indian fishermen whose nationality has been confirmed.
The MEA said India has shared details of the reconstituted Joint Judicial Committee and of the medical professionals who are expected to visit Pakistan to help the elderly and mentally unsound Indian prisoners in Pakistani custody.
Activists hail move
Activists have welcomed the bilateral move, saying this will help long suffering prisoners in each other’s custody. Peace activist Jatin Desai of Pakistan-India Peoples’s Forum for Peace and Democracy (PIPFPD reiterated that both countries in fact claim that the exact number of prisoners in each other’s custody is “a bit higher” than the official numbers shared.
Mr. Desai also said the cases of prisoners who have served jail terms should be taken up at the earliest.
“The process of nationality confirmation should be completed before the completion of the jail term and the persons should be immediately released as the jail term ends,” Mr. Desai said, urging both countries to grant consular access to prisoners.
The exchange of lists comes despite continued military tension, which has, however, not dampened humanitarian moves by both sides. In December 2018, Pakistan sent back Indian prisoner Hamid Nehal Ansari who had completed both regular and irregular prison terms. India subsequently released Pakistani Imran Warsi, who was awaiting repatriation after serving a jail term.
Reserve Bank relaxes debt recast norms for MSMEs
Loans of up to ₹25 crore eligible for relaxation of provision
Following a demand from the government for a debt recast package for micro, small and medium enterprises (MSMEs), the Reserve Bank of India (RBI) has relaxed the provisioning norms for lenders for restructuring loans of up to ₹25 crore.
According to the guidelines released on Tuesday, the RBI has allowed one-time restructuring of existing loans to MSMEs that are in default but ‘standard’ as on January 1, 2019. Banks have to make only 5% provisioning for restructuring the loans as compared to 15-20% earlier.
The government has been asking for such a package for a long time for the MSME sector which was severely hit due to demonetisation exercise and implementation of the Goods and Services Tax (GST).
Enabling environment
“Considering the importance of MSMEs in the Indian economy, it is considered necessary at this juncture to take certain measures for creating an enabling environment for the sector,” RBI said. The issue of restructuring of MSME accounts was discussed by the RBI board on November 19, 2018 . The issue also figured during RBI’s recent interactions with the lenders.
“The above issue has been examined in RBI and a view has been taken to facilitate the meaningful restructuring of MSME accounts that have become stressed,” RBI said.
The restructuring has to be implemented by March 31, 2020, the RBI said.
“A provision of 5%, in addition to the provisions already held, shall be made in respect of accounts restructured under this scheme,” the RBI said, adding that each bank or non-bank should formulate a policy for this scheme with the board’s approval.
Source: The Hindu
If you want to take , Current Affairs in hindi , IBPS Clerk . IBPS PO , SBI PO , SBI CLERK . Visit Our website : www.takshilalearning.com.
For a FREE DEMO call @ +91-88009-99280/84
Important Tags : Gktoday 2018 &Current affairs in Hindi & English / Today Current affairs / Daily Gk Update / Daily Current affairs / Today Current affairs in Hindi 2018 / Today GK updates / Gktoday 2018 / November 2018
Tag: News Of The Day, आज का समाचार, 2nd December 2019
