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Showing posts from May, 2024

THE WASSENAAR ARRANGEMENT : Controls for Conventional Arms and Dual-Use Goods and Technologies

Ø   On Export Controls for Conventional Arms and Dual-Use Goods and Technologies Ø   It is a new multilateral arrangement, temporarily known as the “New Forum” came into existence on 16 November 1993, at The Hague, High Level Meeting (HLM). Agreement to establish the “Wassenaar Arrangement” was reached at the HLM held on 19 December 1995 . Ø   It terminated the cold war era control regime Coordinating Committee on Multilateral Export (COCOM) to deal with risks to regional and international security and stability related to the spread of conventional weapons and dual-use goods and technologies. Ø   The inaugural Plenary Meeting of the Wassenaar Arrangement was held 2-3 April 1996 in Vienna, Austria. All Plenary decisions are taken by consensus. Ø   There are 42 Participating Nations including India : Argentina, Australia, Austria, Belgium, Bulgaria, Canada, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, India, Ir...

15th Finance Commission of India

  THE REPORT OF THE FIFTEENTH FINANCE COMMISSION    Terms of Reference The Commission was asked to recommend performance incentives for States in many areas like power sector, adoption of DBT, solid waste management etc . to recommend funding mechanism for defence and internal security . The XVFC’s Report is organised in four volumes . Volume I and II , as in the past, contain the main report and the accompanying annexes. Volume III is devoted to the Union Government and examines key departments in greater depth, with the medium-term challenges and the roadmap ahead. Volume IV is entirely devoted to the States . In total , main report has 117 core recommendations . Vol-III and IV has numerous suggested reforms for the Union ministries and State governments respectively.   Vertical devolution: In order to maintain predictability and stability of resources, especially ...