Current Affairs For SSC CGL Exam - 28 February, 2014

Current Affairs For SSC CGL Exam

28 February, 2014

Bitcoin banned in Vietnam

  • Vietnam banned the virtual currency bitcoin, citing its ease of use for criminal purposes and its high risk for investors.
  • Transaction by bitcoin is highly anonymous so bitcoin can become a tool for crimes like money laundering, drug trafficking, tax evasion, illegal payment.
  • It did not outline punishments for violations of the ban. Online access to several popular bitcoin trading sites overseas appeared to be blocked.
  • The sudden closure of one of the largest bitcoin exchanges this week in Japan has raised concerns about the future of the digital currency.

Under-19 World Cup

  • India finished fifth in the under-19 World Cup after a strong batting effort saw it beat the West Indies by 46 runs.
  • Afghanistan, playing in its third World Cup, finished an impressive seventh after defeating Sri Lanka by five wickets.
  • Zimbabwe finished 11th in the 16-team tournament .

150 workdays for tribals under MGNREGA

  • In a bid to woo tribals ahead of Lok Sabha polls, the government has raised the workdays under its flagship Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) from 100 to 150 for tribals, a move that will benefit 14 lakh families. The Union Cabinet decision will come into effect from April this year.
  • Those tribals who have received land rights under the Forest Rights Act, 2006, will be eligible for additional 50 days of wage employment under the rural job scheme. The beneficiaries would be those who have completed 100 workdays in that particular financial year. They will be given a job card of a different colour to distinguish them from other MGNREGA workers.
  • Around 14 lakh individual and community titles have been distributed under FRA 2006. Of these around 8 lakh individual titles have been given in Andhra Pradesh, Chhattisgarh, Jharkhand and Orissa.
  • The additional person days through MNREGA will allow the households to undertake additional work on their own land. This is one among the several initiatives taken by the Rural Development Ministry for the uplift of the tribals.

Ordinance route

  • The Congress Core Group recently held consultations on whether the government should promulgate ordinances to complete its unfinished agenda to tackle corruption and strengthen the machinery to protect the SCs/STs and the disabled,but it ended without a decision.
  • It was also felt that President Pranab Mukherjee, might not agree to clear so many ordinances at this stage.
  • The ordinances planned included the anti-corruption Bills being pushed by Congress vice-president Rahul Gandhi to create a “framework” to fight graft — the Prevention of Corruption (Amendment) Bill and the Right of Citizens for Time-Bound Delivery of Goods and Services and Redressal of their Grievances Bill. The government was unable to pass these Bills during the recent extended winter session of Parliament because of repeated disturbances in the two Houses.
  • The SC/ST (Prevention of Atrocities) Amendment Bill, the Rights of Persons with Disability Bill, the Security Laws (Amendment) Bill and the Delhi High Court Act (Amendment) Bill were also on the Cabinet's agenda.

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