Investment Clearance Cell
Why in news?
- Presenting the Union Budget 2020-21 in Lok Sabha, the Finance Minister observed that entrepreneurship has always been the strength of India and the country’s youth have been contributing to its growth with their entrepreneurial skills.
- To setting up of an Investment Clearance Cell that will provide “end-to-end facilitation and support” to the entrepreneurs, create more opportunities and remove the road blocks in starting new ventures.
- Facing flak from various quarters for not creating enough jobs for the country’s young workforce that enters the market every year in lakhs, the government has been trying to encourage entrepreneurship and urging the youth to become “job creators” instead of becoming “job seekers.
- At the same time, the government is also focusing on skill development to make young men and women employable as a skilled workforce.
Beijing Declaration
Why in news?
- To mark of 25 years of the adoption of Beijing Platform for Action, Ministry of Women and Child Development (MWCD), organized a National Consultation on the Review of Beijing+25.
About:
- The 1995 Fourth World Conference on Women, held in Beijing, was one of the largest ever gatherings of the United Nations, and a critical turning point in the world’s focus on gender equality and the empowerment of women.
- The Beijing Declaration was a resolution adopted by the UN at the end of the Fourth World Conference on Women. The resolution adopted to promulgate a set of principles concerning the equality of men and women.
- 2020 marks the 25th anniversary of the Fourth World Conference on Women and adoption of the Beijing Declaration and Platform for Action (1995), (Beijing + 25).
National logistics policy
Why in news?
- The government said that a national logistics policy will be released soon which will set up a single window e-logistics market and focus on employment generation and making MSMEs competitive.
Key facts:
- Explaining further, she said the proposed policy will clarify the role of the Centre, states and also key regulators.
- It will also create single window e-logistics market and focus on generation of employment, MSMEs (Micro, Small and Medium Enterprises) competitive.
- The government has been striving hard to bring down logistics cost for global competitiveness.
- The cost of logistics for India is about 14 per cent of its GDP and it is far higher as compared to other countries. There is a target to reduce it to 9 per cent in the coming years.