AspirantWorld One liners : 1st August

• The Ministry of Road Transport and Highways has published a notification to amend Rule-93 relating to dimensions of motor vehicles under the Central Motor Vehicle Rules 1989. These amendments would provide for standardization in the dimensions of the Motor Vehicles which would be in line with international UNECE standards.

• The Ministry of Road Transport and Highways has informed that full integration of National Electronic Toll Collection (NETC) with VAHAN portal has been achieved. The VAHAN system is now getting all information on FASTags through VIN/VRN. Ministry of Road Transport and Highways has set up a central depository called Vahan to store data relating to all vehicles. Vahan’ is the National vehicle registry, which intends to collate all the information available with road transport authorities for easy access by both citizens and regulators.

• The Ministry of Road Transport and Highways has informed that full integration of National Electronic Toll Collection (NETC) with VAHAN portal has been achieved. The VAHAN system is now getting all information on FASTags through VIN/VRN. Ministry of Road Transport and Highways has set up a central depository called Vahan to store data relating to all vehicles. Vahan’ is the National vehicle registry, which intends to collate all the information available with road transport authorities for easy access by both citizens and regulators.

• The Securities and Exchange Board of India (SEBI) has relaxed the norms for preferential allotment for companies that have stressed assets, thereby making it easier for such entities to raise funds. Listed entities with stressed assets can make preferential allotment at a price that is “not less than the average of the weekly high and low of the volume weighted average prices of the related equity shares during the two weeks preceding the relevant date.”

• China has unveiled a sweeping new national security law for Hong Kong giving China more controls on city state. The law is aimed at the pro-democracy movement that had captured global attention since last year. Titled ‘The Law of the People’s Republic of China on Safeguarding National Security in the Hong Kong Special Administrative Region’, the legislation passed by the Chinese parliament has been made a part of Hong Kong’s Basic Law.

• The Labour and Employment Ministry has notified the draft Code on Wages (Central) Rules under the Code on Wages, 2019 for public comments. The normal working day shall comprise of “eight hours of work and one or more intervals of rest which in total shall not exceed one hour”. Provisions of Factories Act will not be affected by this rule.

• The Registrar General and Census Commissioner of India released data on Young Population as part of the Sample Registration System (SRS) 2018 report. For the first time, more than half of India’s population, irrespective of gender or whether it’s in urban or rural areas, is now 25 years or older. Overall, the under-25s in 2018 constituted 46.9% of the population. Nationally, 46.3% of the female population was below 25 years of age compared to 47.4% of males.

• The Registrar General and Census Commissioner of India released data on Deaths in the 0-4 year age group as part of the Sample Registration System (SRS) 2018 report. Madhya Pradesh has the highest under-five mortality rate of 56 and Kerala has the lowest of 10. Under-five mortality rate is the probability of dying before 5 years of age for every 1,000 newborns.

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