Daily Current Affairs - 08-01-2021

The United States Capitol Protests, 2021, has induced calls to invoke 25th Constitutional amendment.

What is 25th Amendment of US Constitution?

The 25th Constitutional amendment lays out how a US President or a Vice President can be replaced or succeeded. It includes resolve issues revolving around unfortunate situations like death, resignation to removal of US President and actions to be followed after a President becomes disabled to such a degree that he is unable to fulfil his responsibilities. The amendment has four sections.

What are the four sections of the amendment?

When was the 25th US Constitutional Amendment introduced?

The 25th US Constitutional amendment was proposed in 1965 and was ratified by the states in 1967.

Has the fourth section of 25th US Constitutional Amendment invoked so far?

No.

Why did Trump supporters storm the US Capitol?

The Trump supporters stormed the US Capitol building as Trump repeatedly asserted that the US Presidential Election, 2020, in which he lost was rigged.

The Cabinet Committee on Economic Affairs recently chaired by Prime Minister Narendra Modi approved an ambitious scheme to boost the industrial development of Jammu and Kashmir. The Government of India has allocated 28,400 crores of Rupees for the industrial development of Jammu and Kashmir scheme. The funds are to be used to develop industrial sector of the territory till 2037.

What are the key features?

What are the incentives offered by the scheme?

The scheme offers incentives as follows:

What are the employment benefits of the scheme?

The scheme is expected to attract major investments and provide 4.5 lacs of direct and indirect employment in the region.

What are the investments made by the GoI in J&K after Abrogation of Article 370?

So far, the central government has invested a total of 1123 crores of Rupees as a part of industrial policy in the region of Jammu and Kashmir.