a) To encourage the rights of the child–to survival, health and nutrition, to education and development, to protection, and participation.
b) To include the needs of children with disabilities.
c) First focuses on the prevention of disabilities. The children’s policy is the first policy document in India that specifically highlights disability as a ground for discrimination that must be countered.
d) The policy highlights the:
• Need for schools to be inclusive.
• For the availability of trained teachers and special educators.
• Appropriate pedagogy and education material.
• Barrier free access for mobility.
• Functional toilets and cocurricular activities towards the development of child’s fullest potential and autonomy as well as dignity and self work.
e) The views of children with disabilities must be promoted and strengthened within the family, community, schools and institutions, different levels of governance, as well as in judicial and administrative proceedings concerning them.
2. Institutionalising a mandatory process of consultation and dialogue would democratizes not just law making, but the state itself- A mandatory consultation process of any change in law.
a) Firstly, a statement of the objectives and principles of proposed legislation to include at least the need for such legislation. Next, the draft of the legislation on the basis of the above must also be put in the public domain for at least 90 days.
b) Secondly, to hold public consultations with a particular focus on those who are likely to be impacted/affected by the proposed legislation.
c) Thirdly, incorporation of feedback. Public comments must be summarized along with responses of the connected ministry and submitted to the cabinet along with the draft legislation.
3. Reserve Banks of India has used Inflation Indexed- Bonds
a) Such bonds are indexed to inflation rate and they are bonds with their capital appreciation and coupon payments linked to inflation rates.
b) The aim is that investors who seek safe returns, which are above the inflation level, can go for such
c) Another aim of RBI and the government is to incentivize household sector to save in financial instruments, rather than buy gold, which is now the favourite hedge of Indian consumers against inflation.
4. National Pension Scheme
a) On retirement, the individual is expected to buy an annuity that will help towards financing retirement consumption.
b) The scheme is in operation for Central Government employees since 2004.since 2004.
c) The interim Pension Fund Regulatory and Development Authority (PFRDA) will look over the functioning of the system.
d) PFRDA bill will being statutory power to PFRDA.
e) Bill has certain important points:-
1. The pensions are not sold by fund managers, but through separate entities called the point of presence. The bill allows for portability between various employers. The bill allows for choice of investment between government owned entity and “safe scheme” with no exposure
2. It allows PFRDA to appoint fund managers and set up investment and other compliance guidelines that the fund manager will have to
3. The bill makes a provision for individuals to purchase a market based guarantee on their pension schemes. It will help in bringing the all pension schemes under one umbrella.