State Finance Commission: The State Finance Commission (SFC) is a Constitutional body, formed under the 73rd and 74th Constitutional Amendment Act, 1992. It reviews a state’s panchayats’ financial situation and provides recommendations to the governor. According to Article 243-I of the Indian Constitution, the Governor of a State shall establish a Finance Commission. It was also given jurisdiction over city councils or municipalities under Article 243-Y. The functions of a State Finance Commission are identical to those of the Central Finance Commission. It distributes state resources to Panchayati Raj institutions at all three levels in the form of taxes, duties, and levies to be collected by the state and local governments.
International Jaguar Day: The Day was created to raise awareness about the increasing threats facing the jaguar and the critical conservation efforts ensuring its survival. Observed annually on November 29, International Jaguar Day celebrates the Americas’ largest wild cat as an umbrella species for biodiversity conservation and an icon for sustainable development and the centuries-old cultural heritage of Central and South America. This is the third largest Cat Predator of the World and an important species of Amazon Rainforest. Jaguars (Panthera onca) are often mistaken for leopards, but can be differentiated due to the spots within the rosettes on their coats. While many cats avoid water, jaguars are great swimmers, and have even been known to swim the Panama Canal.
Exercise Samanvay 2022: Indian Air Force is conducting the Annual Joint Humanitarian Assistance and Disaster Relief (HADR) Exercise ‘Samanvay 2022’ at Air Force Station Agra. Along with the involvement of various stakeholders from the country, the exercise will see participation by representatives from the ASEAN countries as well. The exercise also aims to provide a unique platform for the exchange of domain knowledge, experience, and best practices with the participating ASEAN member countries. India has emerged as a regional power and net security provider in the Indo-Pacific as its capacity to provide humanitarian assistance and disaster relief to its citizens as well as regional partners has grown in recent years.
Indian Ocean Naval Symposium: The IONS is a voluntary and inclusive initiative that brings together navies of Indian Ocean Region (IOR) littoral states to increase maritime co-operation and enhance regional security. It also serves to develop an effective response mechanism and humanitarian assistance and disaster relief (HADR) against natural disasters. IONS includes 25 member nations that touch or lie within the IOR, and 8 observer nations. It consists of a series of gatherings held every two years amongst Indian Ocean littoral republics. The symposium was first held in 2008 with India as the host. The eight observing countries in the IONS are Germany, China, the Netherlands, Spain, Russia, Italy, Japan, and Madagascar.
Leave a Comment